Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

19 JULY 2019 AL CIRCLE

Crown Holdings’ sales flat at $3,035 million in Q2; adds North America beverage cans capacity

EDITED BY : HEENA IQBAL 2MINS READ

Crown Holdings, Inc. announced its financial results for the second quarter ended June 30, 2019. Net sales were $3,035 million in Q2, from $3,046 million in Q2 2018, reflecting $80 million of unfavourable currency translation offset by increased beverage can volumes.

Income from operations increased from $292 million to $383 million in the second quarter. Segment income was $386 million compared to $389 million in the prior year second quarter.

{alcircleadd}

aluminium cans

Net income stood at $137 million in Q2 2019. Reported diluted earnings per share were $1.02 in Q2 compared to $0.99 in 2018. Adjusted diluted earnings per share were $1.46 compared to $1.55 in 2018.

Timothy J. Donahue, President and Chief Executive Officer, said: "Our overall performance during the quarter was generally in line with expectations. Strong results throughout our global beverage can operations offset a disappointing result in our European food can business. Beverage can volume growth was fueled by notable gains in Brazil, Europe and Southeast Asia, as consumers in both emerging and developed markets continue to show a preference for cans over other packaging options.”

“Recently installed beverage can capacity additions, including a third line at the Company's existing plant in Phnom Penh, Cambodia, a new one line high-speed plant in Parma, Italy, and a new two line high-speed plant in Valencia, Spain, have helped us meet the continuing expansion in demand. In November 2019, we plan to commence operations at a new beverage can facility in Rio Verde, central Brazil.”

The company started the construction of a third-speed line at its Nichols, New York facility to meet volume requirements in beverage can in North America.

"To meet volume requirements in our North American beverage can business, we have begun the construction of a third high-speed line at our Nichols, New York facility which will begin production during the second quarter of 2020,” Timothy J. Donahue said.

“Also to support demand growth and targeted for a first quarter 2020 start-up, we will convert an existing two-piece steel food can production line at our Weston, Ontario plant to produce aluminium beverage cans. Both the Nichols and Weston lines will be capable of producing multiple sizes. The underlying demand supporting these projects underscores that beverage cans are the world's most sustainable and recycled beverage packaging and are increasingly being viewed as the most responsible format."