Ball Announces $250 Million Accelerated Stock Repurchase
Subject to certain conditions, the transaction will reduce Ball’s outstanding common stock by approximately 4 million shares. Following the completion of the transaction, 45 million shares will remain available for repurchase under the company’s existing authorisation.
Tata Steel and thyssenkrupp to Abandon Merger
First announced nearly two years ago, after more than a year of talks, the proposed merger between India’s Tata Steel and Germany’s thyssenkrupp will not be going ahead.
Ball’s First Quarter Results for 2019
Ball’s first quarter results for 2019 have slowed compared with the same period last year. The company’s comparable net earnings were $167 million compared to $180 million in 2018, reportedly due to higher US scrap costs and higher plant start-up costs.
PackSys Global Agrees Deal with Benpac Holding
Benpac Holding AG sees growth potential in aluminium related packaging businesses.
Ball Enters Agreements for 100% Renewable Energy in North America by 2021
The wind and solar developments in Oklahoma and Texas will allow Ball to reduce its global Scope 2 greenhouse gas emissions by 50%.
Crown Holdings Reports First Quarter 2019 Results
"Beverage cans are the world's most sustainable and recycled beverage packaging and are increasingly being viewed as its most responsible format."
First-Ever Material Designation System for 3D Printing
'Purple Sheets' will define chemical designation for aluminium powder used in the fast-growing additive manufacturing segment.
REPORT: US Foil Investments Up After AD/CVD Decision Drives Down Imports from China
'The Trump administration has a historic opportunity to address structural aluminum overcapacity in China as part of ongoing trade negotiations,' advises the Aluminum Association.
ITA and RMI Collaborate on New Assessment Criteria
The ITA and the RMI have agreed a series of co-operative actions including joint development of new assessment criteria for smelter auditing.
MetPac-SA Encourages Retailers to Become Members
MetPac-SA represents a wide variety of different metal packaging, ranging from food and beverage cans, to aluminium foil containers, aerosols and general metal packaging. The recovery of all of these products need to be managed effectively to ensure that they do not end up in landfill or the oceans.