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Lagunitas rolls out $4 million hard iced tea venture
A $4 million investment, Lagunitas is taking its brewing up a whole new experience by introducing spiked iced tea. Bought by global producer Heineken in 2017, the Petaluma brewer added a new peach flavoIr in May to its Disorderly House brand, which was launched in March. With its “disorderly” name, Lagunitas spokeswoman Paige Guzman said…
Molson Coors invests £16million in Aspall Cyder
A cider factory which has been on the same site for nearly 300 years has been given a £13m makeover. The Aspall Cyder House in Suffolk has been updated as part of a £16m investment in the Aspall brand by Molson Coors, which bought the company in 2018. The three-year project has seen the site…
CANPACK reports rising profits and volumes despite increasing materials costs
CANPACK has announced its results for the three months ended March 31, 2022 (“Q1 2022”). Commenting on the results, Chief Executive Officer, Roberto Villaquirán, said: “I am pleased to report continued positive momentum against key performance measures. During the first quarter, we have faced significant operational challenges, rising input costs and continued tight supply chains. Despite…
Sacmi post record revenues in 2021
Consolidated revenues of more than 1.53 billion euros, up almost 40% on 2020, with sales and orders returning to pre-COVID levels. These were the key facts that emerged from the SACMI Imola Members’ Assembly held on Saturday 14 May, which approved the Group’s Consolidated Financial Statement and proceeded with the renewal of the Board of Directors. From an economic perspective, SACMI confirms its…
PABC announce a $8 investment towards expansion plans
PABC have announced that a $8 million investment has been made for a can making capacity expansion from 700 million to 950 million per year, to be activated by June 2022. Pakistan market demand is estimated to be approximately 1 billion cans each year. PABC enjoys local sales of 60% with the residual 40% through…
Vizzy draws new customers into seltzer segment
One of the fastest-growing hard seltzer brands in the U.S. may also be among the best at bringing new drinkers into the segment, a Molson Coors analysis of data show. Vizzy is up 8% in volume sales year-to-date through May 1, far outpacing segment leaders such as White Claw (-5.3%), Truly (-14.8%) and Bud Light…
Tata Tinplate India embarks on huge expansion programme
Tinplate Company India Ltd, a subsidiary of Tata Steel, is embarking on a massive expansion programme with the support of its parent. In line with Tata Steel’s stated strategy to increase the share of value added products in the sales mix, the tinplate capacity is being expanded by 300,000 tonnes at a capital expenditure of…
Latamcan 2022: Canmaking News visits Roeslein São Paulo plant
The Canmaking News team is currently at the 2022 Latamcan Conference in São Paulo, our first conference since the pandemic began and boy is it good to be back! We’ll be bringing a full round up of the show in due course but in the mean time, we wanted to tell you a little bit…
Coca-Cola announces European trial of new smart drinks dispenser
The Coca-Cola Company has expanded its Freestyle portfolio with the New Compact Freestyle machine, a smart dispenser that allows consumers to personalise their drinks while using their own reusable bottles or containers. Coca-Cola says that the New Compact Freestyle machine has been developed as an extension of the Coca-Cola Freestyle brand and portfolio, building on the…
Food cans market to reach $81bn by 2031
Tin canning for the preservation and storage of food, and subsequently beverages, has been used for more than 125 years. While ‘preservation’ is less of the driving force from many consumers in today’s society, convenience is a key factor. Consumers want the convenience of store cupboard staples with long shelf lives, they want on-the-go drinking…
