profits

 

Heinz could cut 10% of UK workforce

Canned soup and beans giant Heinz has announced plans to cut up to 10% of its UK workforce. The Berkshire Hathaway and 3G Capital owned food business has said it wants to streamline its operations. Currently the business employs 2,500 people across the UK and in Ireland, around 250 of these roles could be redundant. […]

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Tata Steel profits hit four-year high

Tata Steel has turned around a recent slump in profits to announce a four-year best performance. The steel giant was backed up by a solid performance by its European and Indian operations. Group net income climbed to 11.39 billion rupees (US$186 million) in quarter one three months ending June 30 from 5.98 billion rupees a […]

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Angolan can market boosts Nampak

South African based packaging company Nampak has revealed strong beverage can demand from Angola in particular has boosted profits on the continent. However, the key South African market proved tougher for Nampak with the company reporting “a marked downturn” in consumer spending in the second quarter resulting in reduced demand for most types of packaging. […]

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Global beverage can volumes up 6% for Crown

Strong sales in Brazil and Asia Pacific drove a 6% global volume increase in beverage can sales for Crown. Crown also said European beverage cans posted a strong start to the year with a 4% increase in sales volumes, however sales of canned food on the continent fell 2%. Net sales in the first three […]

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Marketing matters

I’ve been thinking about marketing and how well, or sometimes badly, the metal packaging industry promotes itself. The sustainability message is starting to get across as can recycling rates continue to rise. However, a quick search on Google shows that more can be done. Searching ‘sustainability cans’ returns 1,930,000 results while ‘sustainability glass’ returns a […]

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MP visits British can making plant

British Member of Parliament Mark Lancaster recently visited Rexam Beverage Can’s Milton Keynes plant to gain an insight into can making first hand. The plant visit allowed Mr Lancaster, who is the MP for Milton Keynes North, the opportunity to gain a better understanding of both the workings of the plant itself and Rexam as a company.

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Novelis reports strong results

Novelis, the world’s leading producer of aluminium rolled products, has reported strong results in the quarter up to the end of June. Higher shipments, conversion premiums and metal prices lifted sales in the quarter, the first of fiscal 2012, to $3.1 billion, up by 23% compared with the same period last year.

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