Malaysia’s Can-One bids for larger rival Kian Joo

Malaysia’s Can-One has launched a MYR912.15 million (US$223 million) takeover bid for its bigger rival Kian Joo Can Factory, the latest twist in a long-simmering battle for control of the country’s largest canmaker.Can-One triggered a mandatory general offer for Kian Joo when its purchase of a stake from businessman Tan Kim Seng in December pushed its holdings in the...

Danone launches Brazil health drinks in Crown cans

Crown is providing two-piece aluminium cans for Danone’s newest carbonated juices and teas in Brazil as demand for healthier beverages erodes sales of traditional soft drinks in the South American country.The French drinks maker launched the 4U product range late last year and Crown has already supplied seven million cans to co-packer New Age for filling in its Sao...

Gold sustainability rating for Ardagh

Canmaker Ardagh wins a gold-level certification by EcoVadis, a third-party ratings organisation for social, ethical and environmental performance, for the fourth consecutive year.Ardagh has been awarded the highest level of recognition, which is only achieved by the top 3 per cent of companies assessed in their respective industrial sectors. The gold rating acknowledges Ardagh as being outstanding in four...

DRT buys precision tool firm

DRT Mfg Co, a supplier of conversion systems for easy-open ends to canmakers worldwide, has bought precision tool machining firm Ohio Tool & Jig Grind.Dayton, Ohio-based DRT said the acquisition would enhance the company’s end-conversion and shell tooling business. Terms of the deal were not disclosed.Ohio Tool & Jig Grind, which makes precision parts, tools and components for the...

Envases Universales de Mexico widens European presence with Pack2Pack purchase

Mexican packaging giant Envases Universales de Mexico (EUM) has expanded its footprint in Europe with the purchase of Pack2Pack.Shares in the Dutch canmaker were sold by private equity firm Gilde Equity and the company’s management to EUM’s Danish unit Glud & Marstrand.“We are very enthusiastic about this new milestone for Pack2Pack,” the management of the Halsteren, Netherlands-based tinplate specialist...

Crown works with Swansea University on tomorrow’s smart canmaking factories

The next generation of ‘smart’ canmaking factories, which use advanced digital technology to improve efficiency, could be the result of a new collaboration between Crown Holdings and Swansea University.The project, which will be completed in 2021, involves Dr Cinzia Giannetti from the College of Engineering at Swansea University working with Crown’s R&D centre at Wantage in the UK, using...

Ardagh plants awarded environmental sustainability certification

Ardagh has been accredited with meeting internationally recognised environmental sustainability goals at three of its US canmaking plants.The company’s beverage can factories in Fairfield, California, and Fremont, Ohio, as well as its food packaging facility in Reno, Nevada, have been awarded ISO 14001:2015 certification.The designation, issued by the International Standards Organisation (ISO) recognises the efforts the factories have made...

Crown’s global beverage can volumes rise by 5 per cent

Global beverage can volumes that grew by 5 per cent helped sales jump by 26 per cent at canmaker Crown Holdings in the final quarter of 2018 to US$2.73 billion, compared with the same period a year earlier.Most of the increase was from the acquisition of Crown’s Transit Packaging business, which added $595 million in sales. Crown turned a...

Tight markets could push up canstock prices

Aluminium canstock supplier Novelis will begin price negotiations with its major customers in the canmaking industry later this year in an attempt push up prices as the company responds to tightening global supplies of aluminium caused by rising demand and tight capacity.Steve Fisher, chief executive of Novelis, based in Atlanta, made the announcement to analysts during a briefing on...

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