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Krones to acquire injection molding technology company Netstal
Krones has announced the imminent acquisition of 100% of Swiss company, Netstal Maschinen AG (Netstal), from cash–strapped KraussMaffei. The contracting parties signed the purchase agreement on the 7th February 2024 and Krones expects the transaction to be completed within the first half of 2024. “This transaction is a milestone in the long history of Netstal.…
Argentinian brewer replaces glass bottling line with KHS canning line
Cervecería y Maltería Quilmes, one of the oldest breweries in Argentina and a subsidiary of AB InBev, has now fully replaced a glass line at its facility in Buenos Aires with KHS technology for can filling and packaging. Quilmes recently invested in the high-capacity KHS Innofill Can DVD can filler plus several packers and palletisers,…
Akzo Nobel delivers sold full-year 2023 results
Akzo Nobel have published their full year 2023 results, confirming positive momentum in margin expansion and deleveraging that is expected to continue into 2024. For the mid-term, AkzoNobel says it aims to expand profitability to deliver an adjusted EBITDA margin of above 16% and a return on investment between 16% and 19%, underpinned by organic…
Constellium provides Chanel Fragrance & Beauty recycled aluminium solutions
Constellium SE has partnered with Chanel Fragrance & Beauty and g.pivaudran to introduce a packaging including recycled aluminium for Chanel’s mascara line “Le Volume.” As a result of the partnership, Chanel’s mascara packaging will now incorporate 10 to 20 per cent of post-consumer recycled (PCR), depending on the model. Constellium collaborated on this project with…
ITC cans duties on tin-mill steel from China: Industry reacts
The U.S. International Trade Commission on Tuesday found that tin mill steel products from Canada, China, Germany and South Korea used to make food cans did not cause material injury to a U.S. steelmaker petitioning for the duties. The final vote from the USITC means duties imposed by the Commerce Department will be reversed. “As…
Mixed results from Crown as it reports Q4 earnings
Crown Holdings have reported a decrease in net sales for the fourth quarter, primarily due to lower material costs and reduced volumes in most businesses, despite higher beverage can volumes in the Americas and favourable foreign currency translation. The company’s income from operations saw an increase, benefiting from higher beverage can volumes in the Americas…
Pet food canning facility to open in New Zealand
Global pet food brands starved of opportunities to manufacture in New Zealand will soon have access to a new state-of-the-art canning facility. Built by an experienced team of pet food entrepreneurs, the ultra-modern Canterbury factory will each year make 30 million cans of high-value cat and dog food, adding significantly to an industry generating over…
Irish government confident on DRS despite confusion from consumers
Following the launch of the new Deposit Return Scheme in the Republic of Ireland, new research from recycling not-for-profit, Every Can Counts, has revealed that nearly a third (29%) of those in Ireland aren’t confident about how to use the scheme. The refundable deposit is available on drink containers featuring the Re-turn logo, with a…
Britvic and AMP team up on limited edition H!ghend cans
Ardagh Metal Packaging-Europe has collaborated with Britvic Soft Drinks on the launch of the innovative H!GHEND design for their new Tango Mango cans. The can, featuring a unique combination of the Tango brand and Ardagh’s H!GHEND technology, is set to captivate consumers with its eye-catching design and packaging. Britvic Soft Drinks, renowned for its commitment to…
Alupro sponsors Letsrecycle Communications Conference
Alupro has been announced as the latest sponsor of this year’s Letsrecycle Communications Conference. Taking place at the Hallam Centre in London (7 February), the event will bring together local authority waste management professionals from across the UK to celebrate progress and share best practice. Exploring the latest communication strategies and technologies, the conference will…
