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Alvance secures loan for aluminium business

Global commodities trader Trafigura confirmed in a July 12 email that it is involved in a debt refinancing arrangement with GFG Alliance’s aluminium subsidiary Alvance Aluminium. The refinancing is reportedly part of a move to ensure the continued smooth operation of the aluminium complex following the collapse of GFG Alliance group’s major financier, Greensill Capital,…

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Monaco cocktails debuts new tequila canned drink

Monaco Cocktails, a leading line of premium ready-to-drink, spirit-based canned cocktails from Atomic Brands, announces the launch of its new flavour variety: Tequila Sun Crush. The ultimate summertime canned cocktail, Tequila Sun Crush combines agave tequila with delicious orange for a bright and bubbly mashup of flavours. Bringing summer in a can to consumers for…

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Coors Seltzer canned due to poor performance

Molson Coors will discontinue the line extension in the U.S. less than a year after its debut, a sign of how tough it is to win in the hotly competitive seltzer market. In a message to the company’s wholesalers, Molson Coors chief marketing officer Michelle St. Jacques and U.S. sales president Kevin Doyle announced the…

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Shareholders to vote on Ardagh merger

Gores Holdings, a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987, has announced that the company will hold a Special Meeting (in lieu of its 2021 annual stockholders meeting) at 9:00 a.m., Eastern time, on August 3, 2021, for its stockholders to consider…

SHAWING

Shawinigan Aluminum launches new aluminium recycling centre

Shawinigan Aluminum have announced the launch of its new aluminium recycling centre as part of their $10 million investment which will recycle 30,000 metric tons of aluminium per year. The added recycling capacity is on top of the billet supply of 60,000 metric tons per year. The recycled produce amounts to 50% of the total…

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Magners rolls out canned rosé in UK retailer

Cider brand Magners has launched its Rosé variant in cans at UK retailer, Tesco. The light blush apple cider is made with a blend of 17 apple varieties selected from orchards in Clonmel, Tipperary. Sweeter apples are used to create a “refreshing pink drink twist on the classic”. Four packs of the new cider have…

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Bale Breaker releases Bubba’s Brew IPA

Bale Breaker Brewing Company, a family-owned brewery located in the beautiful Yakima Valley, has announced the upcoming release of Bubba’s Brew IPA. Bubba’s Brew is a fan favourite, brewed every year for Bale Breaker’s annual Ales For ALS fundraising event. Although the event is again on hiatus, the brewery has canned this beer for the…

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Gunners Cocktails releases canned mocktail

UK-drinks company Gunners Cocktails has launched a canned iteration of its Gunner Saint mocktail in a ready-to-drink (RTD) can. Gunner Saint’s recipe dates back to 1842. The non-alcoholic cocktail was initially available as a draught solution when it launched in 2019. Dannie McDonald, managing director of Gunners Cocktails, said, “Offering a canned version was the…

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Hard Seltzer to account for 10% of total beverage alcohol sales by 2025

Hard seltzer could account for 10% of total beverage alcohol sales by 2025, according to a report from financial services firm Credit Suisse. “There is too much focus on how large seltzer can be as a percentage of U.S. beer,” the Credit Suisse Equity Research Americas team wrote. “We think that is [the] wrong metric,…

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HeatTek launches new brand, Evolve Systems

A new brand has been unveiled for one of HeatTek’s key categories of manufacturing equipment – Evolve Systems. The new name unifies the company’s well-known product groups exclusively designed and built for metal packaging. Evolve Systems encompasses HeatTek’s Pin Ovens, Internal Bake Ovens, Dryoff Ovens as well as its recently expanded offering of Washers. “The…

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