Rexam strike ends after agreement

May 9: United Steelworkers union members at nine Rexam beverage can plants in the US returned to work this week after a five-year contract was approved at the weekend. The strike that started on April 11 is estimated to have cost Rexam £15 million (US$30m). Rexam is the world’s largest manufacturer of beverage cans and runs 16 plants in...

Can Alcan shareholders refuse Alcoa’s offer?

May 8: Aluminium manufacturer Alcan has advised its shareholders to not make a decision on accepting yesterday’s offer from rival Alcoa until it has been able to complete a review on its possible impact on their interests. But the offer, a cash and stock deal that including debt values Alcan at $33bn, is attractive: some 20 percent above its...

Pineapple cannery in Hawaii to close

May 7: Hawaii’s pineapple canning plant – thought to be the last of its kind in the US – is being closed at the end of June. And that means the end of its associated canmaking plant. Maui Land & Pineapple Company (ML&P) says it is consolidating its pineapple operations to focus on fresh fruit sales as part of...

Can marketing Cocaine be fun?

By Ty Phillips May 5: A while back, James Kirby – co-founder of a company marketing an energy drink called Cocaine – explained to a reporter why he sold his interest in a software company and got into the energy drink business. “I thought it would be fun,” Kirby said, “to create a controversial product and watch the...

Strike at Rexam could cost £15m

May 3: Losses resulting from the strike at some of Rexam’s beverage can plants in the US could reach £15 million (US$30m), chairman Rolf Börjesson told the company’s annual general meeting today. But 900 members of the United Steelworkers union at nine Rexam plants who went on strike on April 10 could return to work from Sunday May 6....

Burn up energy faster with Celsius

May 2: An energy drink claimed to burn up calories more quickly is the latest to adopt sleek cans in the US market. Originally offered in bottles, Celsius is now also being sold in the taller and slimmer sleek cans made by Rexam. Celsius is said to be the first proven ‘thermogenic’ calorie-burning beverage with the...

Sizzling Ball beats Wall Street’s expectations

May 2: Leading canmaker Ball Corporation exceeded Wall Street expectations with first-quarter results well up on last year and drinks can business driving its sizzling performance. Sales were up by 23 percent to US$1.69 billion and profits up 83 percent to $81 million said chief executive David Hoover, who added they were records for the company, which makes...

Sapin to supply Nestlé in Dubai

May 2: Nestlé and other top brands will be the customers for a canmaking plant being constructed in Dubai by Sapin. With expected completion early in 2008, the plant will have a capacity for up to 100 million cans, many of which will for food products made at the adjacent Nestlé plant on the Techno Park industrial estate....

Impress partners with ORG in China

April 27: Europe-based canmaker Impress Holdings is creating a foothold in China by signing a strategic co-operation agreement with rising Chinese canmaker ORG. The agreement was announced at the Cannex 2007 trade show in Las Vegas today by Francis Labbé, chief executive of Impress, and ORG’s company president ZhouYunJie. Under the terms of the agreement, ORG...

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