Toyo Seikan Group Holdings reported a 7.7 per cent year-on-year decline in operating profit from its packaging business in the first half of FY2026, as rising raw material and energy costs continued to weigh on profitability despite higher sales. The Japanese packaging manufacturer recorded a 33.1 per cent increase in its LME aluminium price benchmark during the period, highlighting the cost pressures facing packaging producers amid elevated commodity prices. According to the company's financial results released on November 9, 2026, the LME aluminium price averaged USD 3,380 per tonne during April-September 2026, compared with USD 2,540 per tonne in the corresponding period of FY2025. Although the actual price was below the company's August forecast of USD 3,510 per tonne, it remained...
Molson Coors Beverage Company reported a USD 30 million unfavourable impact from Midwest Premium pricing in the third quarter, adding to inflationary pressures across materials, logistics and manufacturing expenses. The brewing company also reported lower-than-expected revenue and reduced its full-year financial outlook, sending its shares down 3.36 per cent in pre-market trading on Thursday. The company reported net sales of USD 2.93 billion for the third quarter, falling short of analysts' expectations of USD 2.94 billion. Revenue declined 1.6 per cent compared with the corresponding period last year, while sales decreased 1.2 per cent on a constant currency basis. The decline was primarily driven by a 3.0 per cent fall in financial volume, partly offset by favourable pricing and sales...
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SMM aluminium ingot price performed higher over the week, except Tuesday. The price on Monday, 16 November stood at RMB 15670 per tonne, up RMB 40 per tonne from Friday. The price dropped by RMB 80 per tonne to RMB 15590 per tonne on Tuesday. Aluminium ingot price ended the week higher at RMB 15930 per tonne on Friday, 20 November 2020, from RMB 15920 per tonne on Thursday. According to Shanghai Metals Market, primary aluminium ingot inventories continued to decline this week. Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 14,000 tonnes to 615,000 tonnes as of November 19. The alumina price in China continued to remain flat over the week. The price is currently hovering at RMB 2280 per tonne as of Friday, 20...
Hammerer Aluminium Industries’s re-melting and casting operations at the HAI Santana S.R.L. facility has received ASI Performance Standard Provisional Certification. The plant in Romania produces billets and rolling ingots from recycled aluminium scrap for automotive, electronics, transportation, building and construction sectors. Markus Schober, Managing Director of Hammerer Aluminium Industries said, “We are very proud that HAI Santana is the first facility to achieve an ASI certification in Romania. And we are delighted that shortly after the ASI certification in Ranshofen, the casting in Santana also received the certificate, underlining the high standard of our CASTING division. For us, the sustainable design of our business processes is a task that can only be achieved by joining...
North America’s primary aluminium production stood at 334,000 tonnes in October 2020, according to the latest data showed by the International Aluminium Institute (IAI). This marked an increase of 5.7 per cent year-on-year. On a month on month basis, the output rose by 5.36 per cent from September’s production of 317,000 tonnes. The output totalled 3.310 million tonnes in the first ten months of 2020, from 3.174 million tonnes in the first ten months of 2019. The production stood 4.28 per cent higher than the same period last year. In 2019, the output stood at 3.809 million tonnes, an increase of 0.93 per cent from 3.774 million tonnes in 2018. In South America , primary aluminium production reduced by 12.87 per cent year-on-year but up 6 per cent month-on-month to 88,000 tonnes in...
Global primary aluminium production stood at 5.592 million tonnes in October 2020, with a year-on-year increase of 4.52% from 5.350 million tonnes in October 2019, according to the latest data showed by the International Aluminium Institute (IAI) on Friday, 20 November 2020. On a month-on-month comparison, the output rose by 3.54% from 5.401 million tonnes. Total primary aluminium production stood at 54.186 million tonnes in the first ten months of 2020, representing an increase of 2.31% from 52.963 million tonnes in the first ten months of 2019. In Asia ex-China, aluminium production came in at 350,000 tonnes in October, down 5.41% from 370,000 tonnes in October 2019. On a month-on-month basis, the output registered a hike of 2.64%. In January-October, the production came in at 3.431...
Henkel has announced that its Hair Coloration portfolio will now be available in recycled aluminium tubes. Aluminium tubes will protect the product and allow for easy-to-handle-application by professional hair stylists and consumers. “One of the main advantages of aluminum is the recyclability – the material can be recycled infinitely without losing its mechanical properties and sacrificing quality. Therefore, aluminum as a material class is a great enabler for a circular economy, as 75 percent of the aluminum that was ever produced on earth is still in use across various applications,” said Philippe Blank, Head of Circular Economy & Packaging Sustainability at Henkel Beauty Care. “By shifting major portfolios to this recycled material, we are demonstrating our commitment to sustainable...
According to a recent report, Mandarin Oriental Hotel Group (MOHG), a Hong Kong-based hotel investment and management group, has decided to eliminate the usage of single-use plastic across all its 33 luxury hotels located worldwide by March-end. The hospitality group has planned to stop single-use plastic across all areas of its hotels like rooms, spa, transport restaurants, bars, offices, and kitchens. Plastic water bottles have already been replaced with aluminium and glass bottles, while small plastic toiletry containers are to be replaced with recyclable aluminium amenity bottles or wall mounted dispensers. Other items that have also been eliminated and replaced with eco-friendly alternatives are cocktail sticks, straws, body scrubs, tasting spoons, plastic spatulas and takeaway bags....
Przemysław Grzybek, Board Member and Financial Director of Alumetal stated that the investment outlays of the Alumetal Group will ultimately amount to "PLN 60 million-plus" in 2020, while in 2021 the group's Capex is planned at the level of several million zlotys. Alumetal is one of the biggest manufacturers in Europe for modern and dynamically developing secondary aluminium casting alloys. "Capex in 2020 will amount to 'PLN 60 million-plus', depending on what part of the latest works related to the modernization of the plant in Kęty will be transferred to 2021" - said Grzybek during the videoconference. Previously, the company planned investment outlays in 2020 at the level of approx. PLN 70 million. "For 2021, we are planning investment outlays at the level of several million zlotys,"...
Sovány Beverage Company has introduced the first sparkling water made with USDA organic fruit in aluminium cans. The sparkling water is available in four flavours: Ingenious Apple, Remarkable Raspberry, Brilliant Orange, and Simply Sparkling. “When I created Sovány, I wanted to offer an organic brand that was true to its promise with a flavorful taste made from real fruit,” said Sovány CEO & Founder Marcella Fodor. “We chose to be 100% certified organic since it’s what our consumers were looking for. In today’s climate, what we consume is crucial to support our immune systems. By being organic we ensure that our soil is pure. In this way, we can offer future generations the quality of foods that will have the nutrients needed for sustained immunity. Today’s consumers are looking for...
The internationally recognized body of the Aluminium industry, The Aluminium Association, which assigns all-new aluminium alloy designations, has accepted the registration of the A20X powder with new metal powder designations. Aluminium Materials Technologies (now part of Eckart GmbH, an Altana Group company), which produced the high strength aluminium alloy A20X will now go by the following official designations: 2A05.50 – 20-63 micron A20X powder 2B05.50 – 20-63 micron A20X F1 powder The formation of these new metal powder product designations grants the aluminium industry to identify the A20X product in use. This delivers encouragement to those wishing to work with A20X knowing it is an internationally recognized alloy with fixed and standardized alloy composition. The A20X powder for...
The struggling Portland Aluminium smelter in Victoria should have its future revealed within months, as its largest stakeholder Alcoa articulated a desire towards investment, only if affordable power could be secured. Since 2019, the chances for the Portland smelter have looked gloomy, as during that phase Alcoa brought a program to closedown smelters that were financially and environmentally uncompetitive. Portland Aluminium’s dependency on brown coal-fired electricity from Victoria's La Trobe Valley and the fact that a $200 million Victorian government support package could not stop it losing $US136.9 million between 2017 and 2019, which have raised concerns that it would be among the smelters to shut down when the government support package expires in June 2021. But plunging power...
The United States imports of aluminium plates, sheets and bars from Canada stood flat in August 2020 at 18,300 tonnes, following an increase in July by 2,700 tonnes or 17.65 per cent from 15,3000 tonnes in June to 18,000 tonnes, according to the USGS data. The imports in June from Canada were also higher than the previous month by 6,430 tonnes or 72.49 per cent, as the imports in May were at 8,870 tonnes. In April, the US imported 7,970 tonnes of aluminium flat rolled products from Canada, meaning the imports in May saw M-o-M hike of 11.29 per cent. Thus, the above data shows the United States aluminium plates, sheets and bars imports from Canada stood flat in August 2020 after three consecutive months of surge. On a year-on-year calculation, the United States imports of aluminium flat...
According to the World Bank and projections from Trading Economics, in 2019, the GDP of Germany was worth $3845.63 billion. The GDP value of Germany represents 3.17% of the world economy. Aluminium foil provides a complete barrier to light, oxygen, moisture and bacteria and due to this reason, the foil is used extensively in food and pharmaceutical packaging. It is also used to make aseptic packaging that enables storage of perishable goods without refrigeration. Germany’s Aluminium Foil industry stands strong with more than a billion-dollar export market and delivering around the world. However, the top five nations that Germany exported aluminium foils in 2019 are from the European Region. The major aluminium foils producing companies in Germany Amcor Flexibles Singen GmbH, Hydro...
Aluminium Stewardship Initiative is seeking to expand its team for offering better service and thus, looking for employees for two new positions – 1) Certifications Manager and 2) Database Development and Support – Knack. ASI has already started accepting applications for the new positions, and the last date for submission is December 1, 2020. Both the positions are permanent and full time. While Certifications Manager will report to Director of Assurance, Database Development and Support – Knack will report to elementAl Manager. Certifications Manager is a newly created role and will be responsible for managing the efficiency and effectiveness of ASI Certification workflows, supporting the integrity and impartiality of assurance processes, and improving the ASI program. The candidate...
While having its roots firmly anchored in Brazil, Wyda Packaging South Africa is increasingly expanding its business in the African continent with top quality aluminium foil products and services. In October 2020, Wyda South Africa launched an online factory outlet for companies requiring small quantities. So, now all its aluminium foil products are available online for convenient shopping.In 2016, Wyda Packaging first established its first foreign subsidiary outside Brazil in Johannesburg. Wyda Packaging South Africa focuses on the production of disposable aluminium foil containers in various shapes. It also supplies light and heavy-duty aluminium foil for the food products and catering industry. For spreading their wings further in South Africa, the company may call on Wyda Brazil,...
Coca Cola's Topo Chico hard seltzer hits the shelves in Tesco stores across Ireland. The company also plan to expand these ranges to all off-trade outlets in early 2021. The new range is available in 330ml aluminium cans. The hard seltzer, which comes in three flavours: Tangy Lemon Lime, Tropical Mango and Cherry Acai, is gluten-free and is 4.7% alcohol by volume. Coca-Cola recently announced its foray into the European alcohol market with the launch of the Topo Chico hard seltzer. Topo Chico is available at €3.50 per can or three for €8, four-can multi-packs for €9 as well as a six-can variety pack for €13. “We are very excited about this launch and the possibilities for this brand in Great Britain and Ireland. We are confident that we have a fantastic product in Topo Chico Hard Seltzer...
Three-month LME aluminium fell 0.05 per cent to close at US$ 1,989 per tonne on Thursday, November 19, with open interest falling to 724,000 lots. It is expected to trade between US$ 1,970-2,010 per tonne today. Both LME aluminium cash (bid) price and LME official settlement price grew further on Thursday, November 19, although slower than the previous days, by US$ 5 per tonne to stand at US$ 1,983 per tonne. 3-months bid price and 3-months offer price stood at US$ 1,994.50 per tonne, almost flat compared with US$ 1,994 per tonne on November 18. Dec 21 bid price and Dec 21 offer price exceeded US$ 2,000 per tonne to stand at US$ 2,013 per tonne. The LME aluminium opening stock decreased from 1409575 tonnes to 1404425 tonnes on November 19. Live Warrants hovered at 1238775 tonnes, while...
SMM aluminium ingot price has risen by RMB 10 per tonne from its earlier price to RMB15930 per tonne on Friday, 20 November 2020. The price has registered a hike for the three times in a row. It expected to move within a range of RMB 15910-15950 per tonne. In Foshan and Wuxi, the price has increased by RMB 20 per tonne each to stand at RMB 15940 per tonne and RMB 15930 per tonne. Their average prices are expected to range within RMB 15920-15960 per tonne and RMB 15200-15940 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 15950 per tonne and RMB 15860 per tonne, up RMB 40 per tonne and RMB 5 per tonne. Aluminium ingot prices in Shenyang and Linyi have climbed to stand at RMB 15885 per tonne and RMB 15880 per tonne, up RMB 20 per tonne and RMB 30 per tonne. The price in...
Vedanta announced that its Jharsuguda plant received APEX India Green Leaf 'Platinum' Award for sustainability in the Metals & Mining category. The company said Platinum is the highest category among sustainability awards. Mr. CN Singh, CEO - Vedanta Ltd., Jharsuguda, said, “Vedanta’s operations are governed by the robust Vedanta Sustainability Framework, drawn in line with the best international standards. Our business imperatives and social responsibilities are founded on the premise of ‘Zero Harm, Zero Waste & Zero Discharge’, and fulfilled through an unwavering commitment to leverage global expertise, adopt green technology and use resources judiciously, to create a lasting positive impact on the environment, our communities, partners and customers. The APEX India Green Leaf Platinum...
