Aluminum foil is getting a seasonal makeover as Reynolds Wrap introduces its limited-edition Snowflakes Fun Foil, bringing decorative appeal to everyday kitchen tasks ahead of the holiday season. Featuring an embossed snowflake pattern, the product combines the familiar functionality of aluminum foil with a festive appearance suited to food wrapping, holiday entertaining and homemade gifts. The new design allows consumers to use Reynolds Wrap foil for more than routine food storage, adding a decorative touch to meal preparation and presentation. Its winter-inspired pattern makes it suitable for covering dishes, preserving leftovers, packaging baked treats and creating festive crafts. Despite its seasonal appearance, Snowflakes Fun Foil retains the practical functionality of conventional...
US President Donald Trump’s aluminium tariffs have become a point of contention in Virginia’s 5th Congressional District race, with Democratic candidate Tom Perriello arguing that higher metal prices are increasing costs for local breweries and beer consumers. Perriello and former Republican Congressman Denver Riggleman raised the issue during an event at the Water Dog in Lynchburg, where they met local brewers and customers to discuss the impact of tariffs on the brewing industry. Perriello said higher aluminium prices made it more expensive for breweries to package their products, and they passed the added costs on to customers. He said rising prices concerned people across the political spectrum. To learn the future of aluminium in the packaging industry, explore our report " ALuminium...
Grow with
AL Circle
As per the FocusEconomic panellists, consumer prices in the Czech Republic rose 0.18% from the previous month. March’s result mainly reflected higher prices for transport and alcoholic beverages and tobacco. Concurrently, inflation increased to 2.3% in March from February’s 2.1%, which had marked the lowest reading since December 2018, therefore moving away from the midpoint of the Central Bank’s 1.0%–3.0% tolerance range. The central European nation during 2018-19 exported 1853 tonnes of aluminium cylinders for compressed gas and the revenue generated from the export counted to $6.32 million. The export for 2020 remained at 976 tonnes and the expenditure stood at $3.33 million. However, when the export volume and earnings of 2020 get footed with the previous two years, it denotes 2829...
The British Aerosol Manufacturers’ Association (BAMA) reported that aerosol industry in UK exceeded expectations in 2020 despite the COVID-19 challenges. Aerosol production was above 1.5 billion units, down by 1.3% down on 2019. On the categories wise, production for hard surface cleaners stood at above 50 million units in 2020, up by 255% from 14 million in 2019. Veterinary products output grew by 170% while household product filling witnessed a general increase due to pandemic. The demand for insecticides rose due to work from home culture. This category increased by 40%, said BAMA. The sales of hairspray sales declined by nearly 5% while other cosmetic products, such as suntan and bronzing sprays reduced by two-thirds. “There was an even bigger reduction for novelty products, which...
The economy of Georgia has been hard hit by the COVID-19 pandemic. The country’s economy is forecasted to expand to 4% in 2021 and then to firm to 5% in 2022. Despite this improvement, the output is unlikely to recover to pre-COVID levels until late 2022, in part owing to a subdued outlook for international tourism over the forecast horizon. Sebastian Molineus, World Bank Regional Director for the South Caucasus, said: “The pace of Georgia’s recovery beyond 2021 will be contingent on vaccine rollout and the restoration of international trade and investment.” The former Soviet republic, Georgia booked 3280 tonnes of aluminium cans importation during 2018-19 and the expenditure accounted for the import was $23.87 million. The import for 2020 stood at 1794 tonnes and the expenditure remained...
Juni, founded by make-up artist Madeleine White, has created 100% recyclable aluminium lipstick tube to eliminate plastic from their packaging. The users can return empty case made of aluminium to the customer service for reuse and recycling purpose. “I have grown aware of the huge problem of plastic in the beauty industry. Over 142 billion pack units are produced every year around the world in the beauty sector, 95% of beauty packs are thrown away after only one use, and only 14% are transported to a recycling centre. ‘Good plastic’ does not exist,” Madeleine White told Premium Beauty News. Following this logic, she aims to develop a lipstick line completely free from plastic. “About 900 million lipsticks, mainly in the form of single-use plastic tubes, are sold in the world every year....
The fully integrated specialist graphite and graphene producer, Tirupati Graphite PLC stated that its research center has invented a ground-breaking graphene-aluminium (Al-Gr) composite, which indicates remarkably higher conductivity and strength properties over aluminium and could replace the usage of copper. The specialist graphite producer said it was engrossed with potential end-users including an FTSE100 company for the composite’s potential use replacing copper in thermal, power, and propulsion systems, providing significant environmental advantages owing to reduced weight. Shishir Poddar, CEO, Tirupati Graphite, said: “We are delighted that this achievement has caught the attention of several major companies globally, including a world-leading FTSE 100 engineering group, with whom...
As per the HDI ranking, Chile ranks 42 nd out of 189 countries and is considered as a FIRST WORLD nation by their metrics. The country’s GDP, quality of life, infant mortality rate, life expectancy, and HDI are enough for most economists to classify the country as developed. Chile's economic freedom score is 75.2, making its economy the 19th freest in the 2021 Index and is also ranked 2nd among 32 countries in the Americas region, while, its overall score is above the regional and world averages. The nation at south America’s western edge has scored 3698 tonnes of export of aluminium foil during 2018-19 and the earnings cropped up from the export was $20.78 million. The export for 2020 stood at 2822 tonnes, however, when the export volume of 2020 gets added with the existing two years, it...
Multiscale Aluminium & Metal Industries, engaged in metal, aluminium, glassworks, external cladding, canopies, has received contracts worth AED117-million ($32 million) for aluminium, glass, and metal works services. Multiscale Aluminium & Metal Industries will offer service to UAE-based Azizi Developments at 31 projects spread across Dubai Healthcare City, Al Furjan, and MBR City in Dubai. Chief Development Officer Mohamed Ragheb Hussein said: "After a stringent, comprehensive review of all possible supplier options, Multiscale has emerged as the absolute best pick for our aluminium, metal and glass needs." "We are delighted to welcome their work to our projects – a move that our investors will benefit from immensely through a noteworthy value-add in the form of the highest quality of...
On 15 th April 2021, the finance minister of Portugal said that the government of Portugal has slashed its 2021 economic growth forecast to 4% from 5.4% after a severe worsening of the coronavirus pandemic at the beginning of 2021 forced a nationwide lockdown lasting over two months. The southern European nation on the Iberian Peninsula has recorded importation of 1487 tonnes of aluminium stranded wires during 2018-19 and the expenditure that occurred for the import accounted for $4.74 million. The import for 2020 stood at 740 tonnes and the expenditure remained at $2.30 million. However, when the import volume of 2020 gets assorted with the preceding two years, it signifies 2227 tonnes and $7.04 million respectively. Portugal’s import of aluminium stranded wire in 2018 was registered at...
In the mid of March 2021, the Bank of France stated, that the economy of France is crumbling the COVID-19 pandemic, while the government is putting the restrictions better than the previous forecast, driving it on a path for better growth in 2021. The western European nation recorded an export of 673 tonnes of aluminium containers during 2018-19 and the revenue generated from the export raised to $5.53 million. The export for 2020 stood at 287 tonnes and earnings remained at $3.60 million. However, when the export volume and earnings of 2020 get assembled with the previous two years, it displays 960 tonnes and $9.13 million respectively. France export of aluminium containers in 2018 was registered at 295 tonnes and the revenue generation accounted for $3 million, whereas, in 2019, the...
On 28 th April 2021, the U.S. Department of Commerce declared its preliminary determinations has uncovered imports of aluminium foil from four countries are being sold at less than fair value (or “dumped”) in the United States. Subsequently, the department will instruct U.S. Customs and Border Protection (“CBP”) to require U.S. importers of certain aluminium foil from Armenia, Brazil, Oman, and Russia to deposit estimated antidumping duties at the time of importation. Tom Dobbins, President and CEO of the Aluminum Association, said: “We are grateful for today’s decisions by the Commerce Department demonstrating Secretary Gina Raimondo’s and the Joe Biden administration’s commitment to addressing unfair trade.” “Unfortunately, we are all too familiar with foreign producers pouring imports...
Ball Corporation, a leading provider of innovative, sustainable aluminium packaging for beverage, personal care and other products, expects a significant growth in its aluminium packaging business in India as new segments such as sparkling water, wine and hard spirits are switching to aluminium cans for due to its sustainable nature. “The aluminium packaging business, which is under-penetrated in India, is poised for a significant growth with new segments looking for cans for packaging due to its sustainable nature and circularity,” Amit Lahoti, VP and GM, Ball Beverage Packaging, India and South-East Asia, told BusinessLine. He explained that some of the untried areas of packaging like wine, hard liquor and sparkling water are under consideration. Regulatory bodies FSSAI and BIS aim to...
The clean-technology company, Graphene Manufacturing Group (GMG), which has developed and proved its proprietary production process to manufacture Graphene powder from readily available low-cost feedstock, manifested a research agreement with the University of Queensland’s Australian Institute for Bioengineering and Nanotechnology (AIBN) for the manufacture of graphene aluminium-ion batteries. The prototypes of the commercial battery will be developed for watches, phones, laptops, electric vehicles, and grid storage. GMG has also set foot into a license agreement with Uni Quest, the University of Queensland’s commercialization company, for exclusive license of the battery cathode technology. AIBN Professors Michael Yu, Dr. Xiaodan Huang, and postdoctoral student Yueqi Kong’s technology...
The economy of Zimbabwe rooted in recession already before the COVID-19 pandemic and exhibited with 6% shrink in 2019. Output dropped due to economic uncertainty and the withdrawal of subsidies on maize meal, fuel and electricity prices, while the other factors were suppressing foreign exchange earnings and excessive currency printing. The genesis of the COVID–19 pandemic and continued drought led to a 10% contraction in real GDP in 2020. Inflation soared, averaging 622.8% in 2020, up from 226.9% in 2019. Adequate economic recovery is predicted in 2021, only if effective measures are taken to stabilize foreign exchange and avoid excessive money creation, but the outlook remains gloomy by several factors. The landlocked nation in the southern African region recorded the importation of 3557...
India’s sales of EVs declined 20 per cent to 2,36,802 units in the financial year 2020-21, from 2,95,683 units in the financial year 2019-20 as per data revealed by the Society of Manufacturers of Electric Vehicle (SMEV). SMEV Director-General Sohinder Gill said, "we were anticipating a good growth before the start of FY21, but sales remained stagnant due to various reasons. The sales in the electric three-wheeler and two-wheeler segment stood low as compared to last year." A good thing has happened that people have started moving towards advanced lithium ion batteries and the city-speed and high-speed category in the two-wheeler segment have witnessed growth. However, a lot more needs to be done to achieve the target under the FAME II scheme. Timely intervention by the government in a...
Ball Corporation will make an investment of $51.8 million for the construction of new distribution center in northwest Georgia. The investment will allow the company to buy 109-acre site for the center. It will also create jobs for 70 people. The company will construct a 750,000-square-foot warehouse and distribution center on the site.The Rome-Floyd County Development Authority and Development Authority of Floyd County agreed to the deal, The Rome News-Tribune reported. Ball Corporation, which a container plant and recyclable aluminium cup manufacturing plan, will build the facility in not less than five miles from the site. The company will pay in lieu of taxes of $64,813 annually for 10 years to the Rome-Floyd County Development Authority. Ball will get 100% tax abatement in the first...
Israel’s composite state of economy index recoils in February 2021, as the Bank of Israel marked the rise by 0.40% M-o-M in seasonally-adjusted terms in February (January: -0.26% m-o-m), supported by the weakening of the third lockdown, whereas, on an annual basis, economic activity dropped at a more moderate pace of 0.2% in February (January: -0.6% y-o-y). The country’s economy expanding 4.9% in 2021, up 0.2% points from February 2021 forecast, before growing 4.0% in 2022, as envisioned by FocusEconomics analysts. The Middle-Eastern nation on the Mediterranean Sea recorded 9509 tonnes of aluminium wire importation during 2018-19 and the expenditure that occurred for the import accounted for $24.27 million. The import for 2020 stood at 3325 tonnes and the expenditure remained at $7.77...
Larbaletier Group, the manufacturers of aluminum-based materials in Aube, North-east of France, stated the economic recovery is on the way, while the surge in the price of raw materials is the new problem which is alarming and the outcome could be dreadful to the sector and the organization. Olivier Choiselat, Director of the Larbaletier Group located in Fontaine-Les-Grès in the Aube department, France said: "We had to put employees on short-time work during the crisis because orders were missing, now the order books are full and we risk putting employees back on short-time work, because we do not have enough raw materials. The situation is mind-blowing.” “It must be said that the problem affects many manufacturers in France and worries more and more. In fact, for the past few weeks, the...
A group of funds managed by the UK-based asset manager Ashmore Investment Management Limited is planning to sell a part of their stake in a Karachi-based beverage packaging manufacturer Pakistan Aluminium Beverage Cans Limited (PABC). The funds are looking to sell 26 per cent of the stake through a first-time share sale in Karachi in June 2021, said PABC CEO Azam Sakrani; while the remaining 51 per cent holdings will be invested through a private placement to local investors, according to Syed Saquid Ali, director of investment banking at Arif Habib Ltd. and the sole adviser to the IPO. The aluminium can manufacturing company is expecting to raise at least 3.3 billion Pakistani rupees ($22 million) through the IPO, the largest in Pakistan, since steelmaker Agha Steel Industries Limited...
