What is lightweight, consists of one material, and can be recycled and returned in a new packaging format in just 60 days? Ball Corporation’s new Infinity™ aluminum bottle. Designed to be made again and again, the new impact extruded aluminum bottle can not only be used for food and beverage containers, but also is suitable […]
Ball Corporation will begin construction on its first facility dedicated to the manufacturing of aluminum cups, which will be located adjacent to Ball’s existing aluminum beverage can manufacturing plant in Rome, Georgia. The $200 million plant will enable the company to serve the growing demand for innovative, sustainable beverage packaging for U.S. customers and consumers. KBD Group Inc., based in […]
By Joseph C. Benedyk, Editor. With the startup of its new greenfield casthouse in South Korea, which began operations in 2017, AK Corporation is able to cast aerospace grade aluminum alloys at an annual capacity of 50,000 tons. This new casthouse (plant 3) enables the company to open its doors to global markets for the […]
Ball Corporation completed its acquisition of Rexam PLC for approximately $6.1 billion of cash and equity, plus the assumption of approximately $2.4 billion of net debt — making Ball the largest manufacturer of beverage cans in the world. The company also completed the required sale of the divestment business to Ardagh Group, receiving cash proceeds of approximately […]
Ball Corporation is moving forward in it plans to acquire all of the outstanding shares of Rexam in a cash and stock transaction, first announced in February 2015. The two companies have complementary metal beverage packaging product offerings and strong cultural compatibility. The combined company will have pro forma 2014 revenue of approximately $15 billion and approximately […]
In the wake of Israel and the U.S. launching coordinated joint attacks on Iran, CRU Group released a webinar exploring how conflict in the Middle East will affect the metals industries. Hosted by Alex Tuckett, head of Economics, with Alex Christopher, senior analyst – Aluminium, presenting the aluminum perspective, delved into both the short term and […]
Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminum smelters, entered into an exclusive agreement with AIP VII Europe S.a.r.l., a wholly-owned subsidiary of AIP Fund VII, managed by American Industrial Partners (AIP), under which Alba will acquire 100% of Aluminium Dunkerque, the European Union’s largest primary aluminum smelter. “Building on Alba’s position as […]
Butech Bliss and Fagor Arrasate formed a strategic partnership designed to strengthen the delivery of coil processing solutions globally. The partnership combines Fagor Arrasate’s global engineering and automation capabilities with Butech Bliss’s localized execution, service, and lifecycle support in North America. “Butech Bliss has a long history of designing, building, and supporting coil processing systems […]
