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Drinks Ventures GmbH launches scale-up financing program for beverage brands
Drinks Ventures GmbH and Canable have launched a new financing program aimed at helping beverage brands rapidly scale their operations. The initiative offers unlimited funding at competitive rates to qualifying companies, enabling them to meet growing demand and expand their market presence. In a statement, the company said, “You’ve already proven your drink’s market potential…
Amid recycling rate decline, aluminium beverage can remains most recycled drinks package
The latest data from the Aluminum Association and the Can Manufacturers Institute (CMI) has found that the recycling rate for the aluminium beverage can in the United States has ticked down in recent years amidst ageing recycling infrastructure and a passive approach to recycling policy. The data, based on a survey of aluminium can recyclers…
The number of people with access to deposit return systems to grow by 80% in the next two years.
Reloop has unveiled the fifth edition of its flagship report, the Global Deposit Book, a comprehensive overview of deposit return systems (DRS) worldwide. Since the first edition in 2016, the report has expanded significantly, reflecting the growing global momentum behind deposit systems as a cornerstone of modern waste management and circular economy policy. The latest report…
Rio Tinto signs new partnership agreement to study low carbon aluminium project in Finland
Rio Tinto has entered into a partnership agreement with the Swedish investment company Vargas, Mitsubishi Corporation and other international and local industry partners to study a low carbon aluminium greenfield opportunity in Finland. As the strategic industrial partner, Rio Tinto will provide the Arctial partnership with access to its proven industry-leading AP60 technology and assist…
Sonoco completes acquisition of Eviosys
Sonoco Products Company has announced the close of its previously announced acquisition of Eviosys, Europe’s leading metal packaging manufacturer, from KPS Capital Partners, LP. The combination creates a leading metal food and aerosol can manufacturer worldwide, strengthening its commitment to innovation, sustainability, and exceptional service for customers around the globe. Following the integration process, Eviosys…
Crown to receive $300m from Eviosys sale
Following the finalised sale of Eviosys to Sonoco Products Company, Crown will receive net cash proceeds of approximately $300 million in return for its remaining equity stake of approximately 20%. “This completes the strategic divestiture of our European Tinplate business,” said Kevin Clothier, Crown’s Senior Vice President and Chief Financial Officer. “We are pleased that this transaction has closed in a timely manner, and…
Domino Printing Sciences launches next generation CO2 laser coders
Domino Printing Sciences’ (Domino) newly launched, next-generation CO2 laser coders, the Dx-Series, are positioned to help beverage manufacturers prepare for future high-resolution coding requirements with no loss in production performance. Dx-Series lasers deliver up to 30% faster coding than previous generation CO2 coders, with no reduction in code quality, and are optimised for harsh environments typical of beverage applications. “The…
Innovus Engineering unveils the KW-2 Twin Head Keg Washer
Innovus Engineering has announced the launch of its latest innovation, the KW-2 Twin Head Keg Washer, designed to enhance operational efficiency and simplify keg cleaning processes for craft breweries. Crafted with durability and practicality at its core, the KW-2 addresses the increasing demand for in-house keg-washing solutions among breweries. The system offers an affordable and…
Female-owned canned wine company Just Enough Wines evolves portfolio
Just Enough Wines, a female-owned premium canned wine company, has launched their first-ever non-alcoholic wine offerings for consumers nationwide. The company will be rolling out two initial NA varietals: Brut Bubbles: A 2023 Chardonnay wine from California’s Central Coast featuring tasting notes of ripe pear, Granny Smith apples and lemon tart Pinot Noir: A 2023 Pinot Noir wine from California’s Central…
UK aluminium packaging recycling shows further growth in Q3
According to recent data published on the National Packaging Waste Database by the Environment Agency, aluminium packaging recycling volumes continued to rise in Q3 2024, increasing 15% compared to the same period in 2023. In total, 43,466 tonnes of aluminium packaging were collected for recycling. This included 32,294 tonnes through kerbside, bring and on-the-go systems…
