Monster Beverage Corporation reported record third-quarter net sales of USD 2.56 billion in 2026, marking a 16.7 per cent year-on-year increase, even as higher aluminium can and freight costs contributed to a decline in gross profit margin. The beverage manufacturer said rising aluminium costs, alongside a shift towards faster-growing but lower-margin international markets, weighed on profitability during the quarter. According to the company's Q3 2026 earnings call, gross profit margin declined by 100 basis points to 54.7 per cent from 55.7 per cent in the corresponding quarter of 2025. Management identified increased aluminium can costs, geographical sales mix and higher freight expenses as the primary factors behind the contraction, partly offset by pricing actions. Chief Executive...
A potential easing of trade tensions between the United States and Canada could reshape the North American aluminum market, with European buyers facing the risk of stronger competition for Canadian metal. Import data from ITC Trade Map shows that US purchases of Canadian unwrought aluminum fell sharply in 2025, while imports from Canada increased across six European markets, highlighting how trade flows have evolved amid tariff uncertainty. The United States imported approximately 2.03 million metric tons of unwrought aluminum from Canada in 2025, down 25.9% from 2.74 million metric tons in 2024. The decline amounted to around 711,494 metric tons over the year. Import value also decreased, falling 22.2% from $7.82 billion to $6.09 billion. The figures come as the possibility of a...
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Swiss machinery maker PackSys Global has reportedly agreed to sell its subsidiary in Thailand to Benpac Holding. Becpac Holding is a group of companies in the fields of engineering, machine construction and packaging technology. The subsidiary company of PackSys Global in Thailand, on the other hand, manufactures lines to make monobloc aluminium aerosol cans, aluminium tubes, printing machines for metal and plastic closures. Per the report, PackSys Global Thailand will be renamed Benpac Packaging Limited. However, Roman Angst, chief executive of PackSys Global Thailand will continue as chief executive of the company. Following a strategic review PackSys Global AG and its German parent the Brückner Group have decided to focus on PackSys Global’s core competence in plastic packaging....
The health-focused beverage company Yerbaé has expanded its portfolio with the launch of new Coconut Raspberry, Orange Vanilla Dream, Watermelon Strawberry and Mango Passionfruit products. These new products are packaged in environmentally-friendly, highly-recycled aluminium beverage cans from Ardagh. "Your diet either helps you or hurts you, so when we couldn't find a clean beverage that could deliver function, we decided to create our own," said co-founders Karrie Gibson. "Our products introduce one of the world's most consumed herbal teas and combines it with sparkling water that produces an uplifting effect from our yerba mate. We're excited to provide consumers with additional flavours in a larger package, complementing our full line of 12 oz. offerings, which are all packaged in...
Ball Corporation reported Q1 2019 net earnings attributable to the corporation of $117 million on sales of $2.8 billion, from $125 million on sales of $2.8 billion in the same period last year. Comparable net earnings for Q1 2019 were $167 million, compared to $180 million in Q1 2018. John A. Hayes, chairman, president and chief executive officer said: "Growth trends in our packaging and aerospace businesses continue to gain momentum. During the quarter, higher than expected global can demand driven by customers' shifting mix and new product launches to aluminium packaging helped drive stronger revenue growth. In North America, higher costs related to surplus U.S. aluminium scrap and higher than anticipated plant start-up costs affected first quarter results. We anticipate that these...
Novelis, the leading aluminium recycler and rolled product maker is the recycling partner for the 2019 Kentucky Derby. Under this partnership, they will provide recycling bins for approximately 80,000 spectators who would be gathering in the infield at Churchill Downs on May 3 and 4 to enjoy Kentucky Derby. Aluminum cans and bottles collected during the Derby will be recycled at Novelis' facility in Berea, Kentucky. And the value of the aluminium metal will be donated to help fund the building of a Habitat for Humanity home under "Recycle for Good" Campaign. "Our Kentucky roots date back almost 35 years with plants in Berea, our joint venture Logan Aluminum in Russellville and our plant under construction in Guthrie that combined provide more than 1,500 jobs," said Marco Palmieri, Senior...
Registration is open for the Aluminum Extruders Council’s (AEC) Extrusion Design University 2019 (EDU ’19), scheduled for Thursday, September 12, 2019, at Music City Center in Nashville, TN. Co-located with Aluminum USA (ALU USA), September 12–13, 2019, EDU ’19 will feature 12 one-hour educational sessions covering aluminum extrusion topics arranged in three topic-specific tracks, including Architecture, Automotive and Industrial/Engineered Products. AEC is offering a $50 discount for those who register by June 15, 2019. This is the second year AEC is offering the educational event that is geared toward designers, engineers, architects, specifiers and others who are interested in learning more about aluminum extrusions. Aluminum extruders who are new to the field or want a refresher may...
The global trade data suggest that the Netherlands will import 21% more alumina in 2019 than last year. The country’s import of alumina came in at 1193453 tonnes last year. Jamaica was the top supplier of alumina to the country in 2018, according to recent statistics. Jamaica’s export to the Netherlands in 2018 stood at 389254 tonnes. Other alumina exporting countries to the Netherland were Ireland (334515 tonnes), Spain (197862 tonnes), India (92431 tonnes), the USA (36868 tonnes) and Germany (35995 tonnes) among others. According to recent estimates, the Netherlands imported about 1193453 tonnes of alumina in 2018. The figure represents an increase of 3% from the previous year’s import volume when it reached 1162913 tonnes. In 2019, the country is estimated to import about 1440484...
Arconic Inc. reported first quarter 2019 results on April 30, reporting 3% YoY growth in revenues to US$3.5 billion. Organic revenue was up 9% on strong volumes across all segments and all key markets, including aerospace, defence, commercial transportation, automotive, packaging, and building and construction end markets, as well as favourable aerospace pricing. The company reported a net income of US$187 million versus net income of US$143 million in the first quarter of 2018. Net income excluding special items stood at US$208 million compared to US$169 million in the first quarter 2018. The company reported an operating income of US$374 million, up 12% YoY. Operating income excluding special items stood at US$397 million, up 15% YoY. Operating income margin excluding special items was...
BRP has entered into a definitive agreement to acquire a majority stake in Australia's leading manufacturer of aluminium boats. BRP will acquire 80% of the outstanding shares of Telwater Pty, Ltd for an undisclosed amount. Following the closing of the acquisition, Paul Phelan, Telwater's current owner and Managing Director, will retain 20% of the company's outstanding shares and continue to play an important role in the operations. Paul Phelan said: "We are excited to start this new chapter of our journey by joining forces with a global leader like BRP. This acquisition means we can continue our growth here and abroad, and leverage BRP's know-how and capacity to constantly innovate.” "Our local knowledge and expertise will be put to good use by BRP's Marine Group and we are looking...
Novelis, an Aditya Birla Group subsidiary and the world leader in aluminium rolling announced the development of its first aluminium sheet battery enclosure solution. The company aims to address the growing needs of customers in the rapidly growing electric vehicle and battery markets. With this innovative battery enclosure the company intends to provide a sustainable mobility solution for next generation battery electric vehicles, the market for which is projected to grow three times by 2025. "This is the first project resulting from Novelis' recently launched Customer Solution Center network, which brings research and technical platforms, operations and commercial development together to increase collaboration and innovation with our partners," said Pierre Labat, Vice President, Global...
Alba published its financial results for the first quarter of 2019. The company’s top-line and bottom-line were primarily impacted by 14% year-over-year decrease in LME prices. With regards to Total Sales/Revenues, Alba generated BD 203.5 million (US$ 541.3 million) in Q1 2019, down 8% YoY. Alba’s Total Assets as of March 31, 2019 stood at BD 2,259.9 million (US$ 6,010.3 million). The company reported a net loss of BD 15.8 million (US$ 42 million) in Q1 2019 compared to a net profit of BD 33.9 million (US$ 90 million) in Q1 2018, down 147% year-over-year. Gross Profit stood at BD 0.850 million (US$ 2.3 million, down 98% from BD 40 million (US$ 106.3 million) for the same period last year. Alba closed the quarter with Value-Added (VA) sales averaging 52% of total shipments. The company’s...
US dollar held on to overnight gains today. Most of the LME base metals saw a tumbling session on Wednesday with aluminium and lead hitting their lowest in more than two years. This was attributed to the sale of computer-driven funds after an options expiry amid concerns about China demand. However, most of them recovered rose from the low overnight, with progress in the U.S.-China trade talks lending some support. The United States and China are likely to close a trade deal that would roll back a portion of the US$250 billion in U.S. tariffs on Chinese goods. U.S. Treasury Secretary Steven Mnuchin said on his Twitter account that the two countries have completed “productive” talks in Beijing. Benchmark aluminium rose 0.3 per cent to US$1,819.50 a tonne by 0140 GMT. As on May 1, LME...
Century Aluminum Company on Tuesday announced its first quarter 2019 results. The company reported a net loss of $34.6 million for the first quarter of 2019. The adjusted net loss stood at $66.6 million in Q1 2019 compared to an adjusted net loss of $40.7 million in Q4 2018. Shipments of primary aluminium were 206,451 tonnes compared with 199,466 tonnes in Q4 2018, reflecting the continued incremental production from the Hawesville restart. Net sales increased from $486.9 million to $490.0 million in Q1 2019, up 1 per cent quarter-on-quarter despite lower LME prices and regional premiums. Adjusted EBITDA stood at $(44.1) million driven by the unprecedented alumina price relative to the metal price. Cash position at quarter end was $22.2 million and revolver availability was $152.0...
US dollar index settles over 97 today. LME base metals traded lower. LME aluminium closed at US$ 1809 tonne. Chinese market will remain closed from Wednesday May 1 to Saturday May 4 for Labour Day. As on April 30, LME aluminium cash (bid) price stood at US$ 1808 per tonne, LME official settlement price stands at US$ 1809 per tonne; 3-months bid price stands at US$ 1817 per tonne, 3-months offer price is US$ 1817.50 per tonne; Dec 20 bid price stands at US$ 1938 per tonne, and Dec 20 offer price stands at US$ 1943 per tonne. The LME aluminium opening stock stood at 1074650 tonnes. Live Warrants totalled at 708350 tonnes, and Cancelled Warrants were 366300 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1823 per tonne. SME and SHFE Aluminium Price Trend The benchmark...
The international SMB-Winning consortium which is building a railway service for Guinea bauxite industry investing US$3 billion made the announcement on Friday that Guinea’s new railway line will be ready to transport bauxite by June 2021. The project also aims to exploit new bauxite deposits in the Santou and Houda region that falls 250 km north of Conakry. The railway service will transport and process the ore for export. The bauxite ore is expected to be processed at an alumina refinery to be built in the Boké special economic zone. This is a city close to the border with Guinea-Bissau. This 135-kilometre railway track will be constructed by two Chinese companies. Guinea has the largest bauxite reserve in the world though most of its ore is still unexplored. Guinea derives most of its...
Luxury boutique developer Regal London reportedly delivers an ambitious 49-unit residential building project The Compton made with a façade created from 1,800 recycled cast aluminium panels. It is one of the world’s first cast aluminium clad-buildings located in London’s most prestigious suburb St. John’s Wood, just a three minute walk from two of London’s most renowned attractions - Lord’s Cricket Ground and Regent’s Park. Designed by Simon Bowden Architecture, this architecturally striking residential building represents a masterpiece of both innovation and elegance. Each apartment has been individually configured to maximise both space within the home and the outward views. The façade constructed from recycled cast aluminium furthermore culminates in a distinguished appearance and...
Our third-party data finds that aluminium scrap import by Italy is likely to continue to grow this year by 3.17 per cent from the previous year. In 2018, Italy’s estimated aluminium scrap import volume was at 598,353 tonnes, which in 2019 is expected to increase to 617,355 tonnes. The volume is estimated to grow in 2019, but slower than in 2018 as the growth in the latter year was up by 10 per cent year-on-year. The estimated import volume in 2017 was at 544,857 tonnes, which was again 10 per cent higher than 495,924 tonnes in 2016. Thus, the above graph shows that aluminium scrap import by Italy has been growing year over year since 2016. After the United States, Japan, the People’s Republic of China, and Germany, Italy is emerging as the world’s largest user of aluminium. According to...
According to the preliminary estimates from Aluminum Association, aluminium demand in the United States and Canada, including shipments by domestic producers plus imports stood at an estimated 2.1 million tonnes for January and February 2019, slightly down from the same period of 2018. Demand for semi-fabricated (mill) products stood at 1.5 million tonnes, up 1.1 percent. Apparent consumption (demand less exports) in domestic markets totalled an estimated 1.8 million tonnes, slightly up YoY. Imports of aluminium ingot, scrap and mill products into the U.S. and Canada (excluding cross-border trade) stood at 297,103 tonnes in February 2019, off 17.8 per cent from the February 2018 total of 361,513 tonnes. Including aluminium scrap, which accounted for roughly 61.2 percent of reported...
RUSAL has announced its operating results for the first quarter 2019. Total alumina production stood at 1,932 thousand tonnes in 1Q19, up 2.1 per cent from 1,892 thousand tonnes in 1Q18. On-quarter-on-quarter comparison, production declined 1.3 per cent from 1,958 thousand tonnes in 4Q18. Russian alumina operations accounted for 35 per cent of the total output. Aughinish Alumina produced 479 thousand tonnes of alumina in 1Q19. Production in the first quarter of 2019 increased 2.4 per cent quarter-on-quarter and 2 per cent year-on-year. Alumina production from Nikolaev Alumina Refinery stood at 423 thousand tonnes, down 3.5 per cent quarter-on-quarter. In 1Q19, total bauxite production came in at 3,831 thousand tonnes, an increase of 29.4 per cent from 2,960 thousand tonnes in 1Q18....
