Leading drinks can maker Rexam has said it is phasing European
contracts onto a pass-through system, which will result in
customers systematically bearing the brunt of increased aluminium
prices.
Rexam has finally got the go-ahead from Russian competition
authorities for its acquisition of can maker Rostar, paving the way
for expansion into one of the largest growth markets.
Rexam expects to further raise the price of its beverage cans in
the coming year, the packaging giant said yesterday in its second
quarter financial report.
International packaging group Rexam will look to sell its PET
bottle facilities in Central and Eastern Europe as part of its
plans to focus on more globally recognised products like plastic
food packaging.
Global packaging provider Rexam says it will begin renegotiating
contracts with its European clients later this year in a bid to
recover some of the rising costs of the aluminum used in its
beverage cans.
Packaging giant Rexam has gained its first foothold in India,
signing a local joint venture that plans to supply cans to the
country's promising beer market.
Rexam is expanding its plastics packaging business in a tough
market, announcing today it has agreed to purchase a US maker of
injection-moulded jars and closures for £83m (€123m).
Rexam, which shed its UK glass unit for a £24m loss earlier this
year, said today it has benefited in the first half of 2005 by
successfully passing on aluminium price increases to its
beveragecan customers.
Novelis has been named the 2004 Rexam European supplier of the year
in recognition of the firm's performance in quality, service, and
technology, writes Anthony Fletcher.
Rexam, the UK-based global packaging company, has reached an
agreement to acquire the 40 per cent shareholding it does not own
in the Chinese beverage can business, Rexam Beverage Can Zhao Qing,
from its joint venture partner, Hua...
Rexam, the UK-based global consumer packaging company, has
confirmedthe acquisition from Dutch group Hunan of all of the
shares in Poland Glassworks Holding, the holding company of Polish
glassworks, Polglass.
Traditionally, aluminium cans have been unable to hold milk
products due to the risk factors associated with the decorative
inks and varnishes that are tattooed onto the container. In the
past these varnishes and inks have been unable...
UK-based Packaging giant Rexam has bowed to shareholder pressure to
change the length of contracts for newly appointed board of
directors in response to criticisms that the current two year
contracts are now outdated.
Rexam's can operations in both the US and Europe are looking strong
for the year ahead, with the US market recovering from the recent
lull and the European market continuing to show strong growth.
Rexam, the UK-based global consumer packaging company, is holding
aseminar for analysts and investors later today to report on
current global marketing conditions for consumer packaging.
Rexam, a leading consumer packaging company, has reached an
agreement with Belgian brewing giant Interbrew to acquire German
glass container manufacturer Nienburger Glas.
US Standard & Poor's Rating Services has said that Europe's
packaging sector is starting to see the benefits of restructuring
activities filter through, with some groups benefiting from higher
selling prices and better...
Rexam, the world's largest maker of drinks cans, which counts
Coca-Cola among its blue-chip customers, has bucked the bear market
and looks set for further gains. The upturn comes following a
series of sell-offs which have streamlined...
Rexam, the UK-based global consumer packaging company, said it has
completed its exit from coated films and papers with the sale of
its weatherable films business in Lancaster, South Carolina, US,
according to a report from AFX News.
Rexam Packaging has completed the sale of two Danish plastic
containers businesses to Polimoon Holding of Denmark. The sales are
expected to raise some €11 million, which will be used to pay off
existing debts.
Rexam is investing €62 million in production facilities after a
surge in demand for canned drinks. The group is building two new
beverage can making lines at existing plants in Naro Fominsk near
Moscow and in La Selva, Spain.
Rexam, the US-based global packaging provider, is to buy the Czech
can making plant of German-based packaging company
Schmalbach-Lubeca for £15.4 million (€24m), according to a report
from dot.packaging.
Rexam Beverage Can Americas, a division of global consumer
packaging giant Rexam has implemented a business intelligence
solution from Cognos to provide reporting and analysis capabilities
across the enterprise, strengthen customer...
Rexam, the world's leading producer of beverage cans, has sold two
flexible packaging plants in the UK to Australian group Amcor for
A$30 million (€17.9 million)
