Aluminum Cans News

Recent industry report about Aluminum Cans company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Aluminum Cans Market industry experts.

Aluminum Cans News

  • October 2022: Ball Corporation announced the portfolio expansion of its infinitely recyclable ball aluminum cup by launching two new, smaller sizes (9-ounce and 12-ounce cup sizes). The Ball Aluminum Cup available for food service customers was then composed of 90% recycled content, making it the cup with the highest recycled content rate of any beverage packaging in its category.
  • September 2022: Crown Holdings, Inc announced the company Research & Development (R&D) achieved a 4% global average reduction in our standard 12 oz. (330 ml) can weight, and lightweight efforts add to metal's superior properties in terms of recyclability. The benefits were compounded as the material circulated through the process repeatedly. Weight reductions allowed us to produce more cans with the same aluminum used previously for standard cans. It included a positive impact on GHG emissions through energy savings as part of the Twenty by 30 sustainability strategy to enhance sustainability and reduce greenhouse gas (GHG) emissions.
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  • July 2023 - Crown Holdings Inc., as part of its commitment to advancing responsible supply chains, adopted a sustainability program called the Twentyby30 and announced extending its Aluminium Stewardship Initiative (ASI) certifications across the Asia-Pacific region. The ASI standard focuses on environmental, social, and governance (ESG) principles in the aluminum value chain.
  • January 2023 - Absolut entered into a partnership agreement with Ardagh Group in Limmared to deploy a partially hydrogen-fired furnace beginning in the second half of 2023. This collaboration will accelerate a global shift towards a more sustainable glassmaking process. In Limmared, Ardagh will initiate a pilot project in which 20% of natural gas will be replaced by green hydrogen to produce all Absolut bottles across its portfolio.
  • December 2022 - Encirc, an international player in the glass manufacturing industry, announced a partnership with Diageo to develop the world's first net-zero glass bottles on a large-scale basis by 2030. The partnership, which is part of the Vidrala group, will involve the construction of a hydrogen-powered furnace at the company's Elton plant in Cheshire. The furnace is expected to be operational in 2027 and will produce 200 million net-zero Smirnoff, Captain Morgans, Gordon's, and Tanqueray annually.
  • July 2023 - Canpack S.A. announces that it has recently received a prestigious Gold Leaf accreditation for Corporate Social Responsibility from one of Poland's best-selling weekly magazines. The Gold Leaf Award acknowledges outstanding environmental and social responsibility leadership in corporate governance (ESG). The company is among just 24 companies to achieve the gold standard, alongside some investor banks and customers.
  • June 2023 - Eviosys launched a new metal food can with a peelable foil seal. The company has announced its latest innovation, EcopeelTM. Set to revolutionize the packaging industry and drive additional adoption of metal packaging, EcopeelTM combines Eviosys' 200 years of expertise with cutting-edge technology to produce an industry-first: a processable food can with a sleek peelable foil directly sealed on the can body.
  • June 2023 - Ball Corporation showcased its latest aluminum can and bottle portfolio at the BevNET Live Summer 2023. Attendees for BevNET Live will learn about Ball's range of "slim" can capabilities, including new supply locations for the 5.5oz, 6.8oz, 8.4oz, and 250mL can sizes.
  • July 2022 - A West African ready meals brand, Oyetty Meals, has been launched by the web-based 'superstore' Samis Online. To fill a gap in the market, the meals are made using selected organically grown ingredients mainly sourced from West Africa to bring the flavors of authentic, healthy, home-cooked African meals to a broader UK market. Such ready-meal food launches drive the market for food cans over the forecast period.
  • September 2022 - Vegan meat company Better Foods, a subsidiary of South Korean food retailer and distributor of Shinsegae Food, debuted its canned vegan luncheon meat and other plant-based products such as cold cuts, meatballs, and sausage patties to the US market.
  • October 2022 - Scout, a maker of deliciously crafted seafood, announced a USD 4 million seed funding round that will speed up the company's omnichannel brand strategy and operational expansion. Scout has grown beyond its Canadian headquarters to bring responsibly sourced, restaurant-quality canned seafood to the United States. The brand can be found in over 1,500 primary and specialty retail doors nationwide, with significant nationwide and regional retailer launches for 2023.
  • May 2023: ACTEGA North Amеrica, a rеnownеd manufacturеr spеcializing in coatings, inks, adhеsivеs, sеalants, and compounds for thе print and packaging industry, rеvеalеd its stratеgic initiativе to еstablish a cutting-еdgе production facility in North Carolina. This statе-of-thе-art facility will play a pivotal rolе in facilitating thе local manufacturing of mеtal dеcorating inks, signifying a significant milеstonе in ACTEGA's еxpansion еfforts. Thе introduction of thеsе mеtal dеcorating inks will еnablе thе company to makе a strong еntrancе into thе thriving North Amеrican mеtal packaging markеt.
  • Novеmbеr 2021: Ardagh Mеtal Packaging (AMP), a subsidiary of thе Ardagh Group, succеssfully complеtеd thе acquisition of Hart Print, a Canada-basеd company spеcializing in digital printеd cans. Establishеd in 2018 and hеadquartеrеd in Quеbеc, Hart Print is known for its innovativе and flеxiblе digital printing solutions catеring to customеrs within thе bеvеragе industry
  • June 2023 - Ball Corporation showcased its latest aluminum can and bottle portfolio at the BevNET Live Summer 2023 from June 14-15 in New York City. Attendees for BevNET Live will learn about Ball's range of "slim" can capabilities, including new supply locations for the 5.5oz, 6.8oz, 8.4oz, and 250mL can sizes.
  • September 2022 - Crown Holdings Inc. partnered with Ardagh Metal Packaging, the Can Manufacturers Institute, and more to host the first Global Aluminium Can Sustainability Summit. The Summit brought together more than 100 global attendees from different parts of the aluminum supply chain, such as primary material suppliers, packaging manufacturers, research organizations, and beverage brands. The Summit facilitated essential discussions to drive actionable progress toward the aluminum industry's sustainability goals.
  • August 2023: Mitsubishi Corporation, a Japanese conglomerate, declared that it entered into a supply chain agreement with consumer goods firm Suntory Holdings Ltd. and energy firm ENEOS Corporation, with the aim of constructing a supply chain for sustainable PET plastic bottles made from biomass. Mitsubishi anticipates that the agreement will result in the production of Bio-PX equivalent to 35 million PET bottles in 2024, which will be used as raw material for the production of Suntory's sustainable PET bottles.
  • July 2023: PepsiCo launched its new soft drink in India, 'Pepsi Black,' in 100 percent recycled PET bottles (rPET). The use of recycled packaging by PepsiCo India is part of the company's efforts to strengthen its sustainability credentials. The launch is in line with the Swatch Bharath mission of the Indian Government to promote cleanliness and better solid waste management, as well as the increasingly stringent legislation on single-use plastics.
  • September 2022: The aim was to contribute to the development of a carbon-neutral (CN) and Circular Economy (CE) society.
  • August 2023: MonoPET bottle cap for 100% recycled PET bottles announced by Origin Materials. To improve postconsumer PET bottle recycling and pave the way for 100% recycled PET from the cap to the bottle, Origin Materials reports that it has produced a monofilament PET bottle.
  • June 2023: Lidl GB, the UK's first supermarket, intends to incorporate Prevented Ocean Plastic into its water bottles. With an annual sales volume of 12 million bottles, this initiative is estimated to prevent nearly 100 tonnes of plastic from entering the oceans yearly, equivalent to approximately 4 million plastic water bottles.
  • May 2023: Henkel has launched a new design for the Pril Limited Edition of its dishwashing liquid brand to commemorate spring's arrival. The label claims to feature 100% recycled plastic components, with 50% reportedly sourced from Germany's 'yellow bag' collection system.
  • March 2023: Swedish Plastic Recycling and ICA will launch a new bottle of detergent made from 95% recycled plastic. To manufacture SKONA detergent bottles with a 95% recycled plastic content, Swedish Plastic Recycling and ICA are engaged in collecting and sorting household waste.
  • March 2023: Al Ain Water, a water provider in the United Arab Emirates, has launched its latest 100% rPET bottle. This is the first time a local water brand has produced rPET bottles in the UAE.
  • July 2022: Almar Water Solutions (Almar Water Solutions) has acquired a 50% stake in the Chilean water concession business Aguas San Pedro S.A. (Apes San Pedro SA), a subsidiary of the Saudi Arabian energy conglomerate Abdul Latif Yameel Energy, to enter the Chilean water concession market.

Aluminum Cans Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)