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...
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South Korean carmaker Hyundai Motor India Limited (HMIL) is reportedly planning to launch a mass electric vehicle in the Indian market to further strengthen its product line and also its position as a smart mobility provider, said a top executive to ETAuto in an exclusive interaction. Seon Seob Kim, MD & CEO, Hyundai Motor India, said: “Currently EV segment is kind of a nice segment. So, we don’t see any deep pulling demand in that area. However, if more mass-market products are introduced in the segment it will surely gain traction. So we are preparing and developing a mass-market electric vehicle for India.” Kim emphasised that the research and development team of Hyundai India has already started working on the most suitable body types of electric vehicles for the Indian market,...
The economy of Paraguay is a market-based economy that is heavily dependent on agriculture products. The COVID-19 pandemic hit Paraguay just as the country was embarking on a strong recovery path after growth had stalled in 2019. The global recession is likely to lead to a GDP decline of 1.2% in 2020. Thereafter, growth is expected to return to 4%, as the world economy recovers. The Latin American nation’s import of aluminium foil during 2018-19 was recorded at 5182 tonnes and the expenditure accounted for the import during the phase remained at $25.28 million. The import for 2020 is expected to be at 2078 tonnes and the expenditure to stand at $13.08 million. However, when the import volume and expenditure for 2020 gets summed with the existing two years, it denotes 7260 tonnes and...
Recently, a study by the Council on Energy, Environment and Water (CEEW) reveals that India can save up to INR 1 lakh crore ($14 billion) annually on crude oil imports if it indulges in electric vehicles and allow to garner 30 per cent share of the country’s new vehicle sales by 2030. The increase in electric vehicles penetration can also boost the combined market size of powertrain, battery and public chargers to more than INR 2 lakh crore ($28 billion) in India, while creating 1,20,000 new jobs. The CEEW study, supported by the Shakti Sustainable Energy Foundation, also shows that 30 per cent penetration of electric vehicles into the automobile market can also lead to several environmental benefits, such as a 17 per cent decrease each in nitrogen oxide and dioxide emissions, 18 per cent...
China’s auto sales registered growth for a seventh month in a row. Sales came in at 2.57 million vehicles in October, according to the China Association of Automobile Manufacturers (CAAM).This marked an increase of 12.5% from the same month a year earlier as the country recovers from the COVID-19 pandemic. In the first ten months of this year, total sales decreased by 4.7% to 19.69 million units due to coronavirus. Sales of passenger car stood at 2.11 million units in October, registering a hike of 9.3% from the same month last year. Commercial vehicle sales came in at 464,000 units. That was up 30.1% year on year. Sales of electric vehicles climbed by 115.4% year on year to 133,000 units last month. Plug-in hybrids stood at 27,000 units, up 63.7%.
The economy of Mexico in 2020 is seen dwindling heavily as the pandemic takes its toll. Heavy losses in employment and incomes, coupled with elevated uncertainty have thumped the domestic demand. The economy should recover next year, however, as activity gradually revives. FocusEconomics panellists project the economy to contract 9.9% in 2020. In 2021, the economy is seen rebounding and growing 3.7%, which is unchanged from September’20 forecast. The country in the Southern portion of North America has been recorded with 50,211 tonnes of Aluminium wires in 2018-19 and the expenditure occurred for the import remained at $159.85 million. The import for 2020 will be expected to remain at 20,384 tonnes, the lowest in the three-year phase and the earning to stand at $78.45 million. However,...
North Karnataka has given its approval for an electric vehicle manufacturing unit in Bagalkot district. The plant will be the first-of-its-kind in North Karnataka. Gaurav Gupta, principal secretary, department of commerce and industries in Karnataka confirmed to TOI that a proposal submitted by Balan Engineering Pvt Ltd for manufacturing facility district had been approved by the government. “The unit will be set up in Achanur village in Bagalkot, and the company has also agreed to set up solar power plants and chemical units, which will help other companies invest in electric vehicles in the future. We want to encourage sustainable technologies in North Karnataka, which is growing as an industrial sector,” said Gaurav Gupta. The electric vehicle manufacturing unit will be set up across...
In October 2020, passenger vehicle (PV) registrations saw a year-on-year drop of 8.8 per cent to 249,860 units, according to the data shared by the Federation of Automobile Dealers Association (FADA). Total vehicle registrations at regional transport offices (RTOs), which are proxies for sales, fell by 23.99 per cent to 1,413,549 units year-on-year as the industry continued to battle the pandemic. New launches were in demand in the passenger vehicle segment, while entry-level motorcycles witnessed a lean consumption in the two-wheeler segment. There was a supply-side mismatch, resulting in a limited stock of high selling items at most of the passenger vehicle dealers. This, coupled with lower discounts compared to the last festive season, played the spoilsport, FADA showed. Vinkesh...
Meiyume has announced the launch of new Infinite aluminium packaging range to minimize the use of plastic packaging. The company has introduced cosmetic bottles and jars to provide consumers and brands with alternative sustainable packaging options. “Aluminium is one of the most recycled materials on the market today,” said Meiyume. “Infinitely recyclable and highly durable, aluminium is 100 percent recyclable and retains its properties indefinitely in a true closed loop.” “Thanks to their durability, the aluminium containers are also the perfect solution for refillable concepts.” The range comes with a bottle capacities from 100 to 250mL, and jar capacities from 60 to 80mL. The containers are suited for most cosmetic formulas, whether cream, liquid, or gel. “True to Meiyume’s spirit of...
Stobia, a new company located in Jonquière, is set in motion for the production of aluminium food containers. The company secured financial support totalling $ 632,795 from Quebec and Ottawa to support its start-up. The company counts among its shareholders William and Jean-Samuel Allard, two sons of Minister Andrée Laforest. The Honourable Mélanie Joly, Minister of Economic Development and Official Languages for Canada, and Pierre Fitzgibbon, Minister of Economy and Innovation for Quebec, announced on 9 th November’20. The project, worth over $ 1.6 million, will create a dozen jobs over the next two years. Stobia plans to manufacture more than 100 million aluminium containers per year. The Honourable Minister Mélanie Joly said: “Helping businesses to start-up, grow and innovate so they...
Ellis Patents, the world leader in cable cleat manufacturing has seen its products used to secure power supplies in the Peruvian capital of Lima by two of the Latin American country’s biggest energy suppliers. Ellis Patents delivered 2A Aluminium cable clamps to secure high voltage power cables in vital new substations in the Manchay and Izaquirre areas of Lima for Luz del Sur and ENEL Distribución. Ellis’ 2A Aluminium cable clamps manufactured from LM6 Aluminium are available in sizes ranging from 38mm to 168mm and are primarily used in transmission and distribution projects in unpolluted environments. They can also be supplied with an epoxy coating for use in harsher environments, and LSF polymeric liners for additional cable protection. Both Luz del Sur and ENEL Distribución specified...
Kenya is one of the fastest-growing economies in Africa, yet, nearly half of its residents live below the poverty line. Agriculture is the main engine of economic growth in Kenya. About 75% of Kenyans earn all or part of their income from the sector. Agriculture accounts for 33% of the nation's gross domestic product (GDP). The East African nation’s import of aluminium foil during 2018-19 stood at 7702 tonnes and the expenditure towards the import remained at $39.92 million. The import for 2020 is predicted to reach at 2131 tonnes and expenditure to stand at $35.72 million. However, when the import volume and expenditure for 2020 gets assorted with the existing two years it signifies 9833 tonnes and $75.64 million respectively. Kenya’s import of aluminium foil in 2018 has been recorded at...
Italian shipyard Rossinavi has reportedly delivered a 48.08 metre, full-custom superyacht – EIV to its client in the United States. Featuring fast-displacement aluminium hull, EIV is capable to cross the oceans and cruising in shallow waters at a speed of 15km. It has a maximum speed of 19km and a range of 3,600nm. The superyacht was introduced by broker Dean Anthony of Allied Marine’s Superyacht Division. Previously known as Project Vector 50, EIV is a fusion of Rossinavi’s interior department and exterior designer Team for Design, Enrico Gobbi. The vessel will be based in the United States and Caribbean waters; hence its electrical systems are made to the US standards. “The Vector project comes in a 50m version under the name EIV , the "little sister" of Utopia IV. The success of this...
On 6 th November’20, Shipbuilding group Austal announced that its Vietnam yard which began its operation in 2018 has delivered its first and foremost vessel fully constructed at the Vung Tau shipyard. APT James, the 94m all-aluminium high-speed catamaran was delivered to National Infrastructure Development Company (NIDCO) of Trinidad and Tobago by Austal Vietnam unit. The vehicle-passenger ferry, called Auto Express 94, was designed at Austal Australia. It features the company’s signature optimised hull design, raked bow. A.P.T James is named after the Tobago-born politician, best known as an advocate for political, social and economic development in Tobago before and during his service on the Legislative Council of Trinidad and Tobago from 1946 to 1961. The aluminium makes catamaran will...
If reports are to be believed, Ola Electric is likely to build India's largest electric scooter manufacturing plant. The company is in talks with various state governments, including Karnataka, Tamil Nadu, Andhra Pradesh and Maharashtra, for this project. Image for representation purpose only The facility will have an annual production capacity of about 2 million units. The plant is expected to be built on a 100-acre land. Ola Electric may begin production in the next 18-24 months. The company will compete with players like Bajaj Auto, Hero MotoCorp-backed AtherEnergy, Hero Electric and others that manufacture electric two-wheelers. In August, Ola Electric announced its plans for launching an electric two-wheeler soon. In May, Ola Electric acquired Amsterdam-based Etergo BV for an...
Air Fab Pty, specialises in Aluminium fabrication, that employs just 8 peoples and based in Victoria has secured a $1.3 million contract from Boeing Defence Australia to design safety stands used to maintain the RAAF’s F/A-18F Super Hornets and EA-18G Growlers. Air Fab mostly produces light, flat-packed physical platforms that can be easily transported. The 8 membered Australian company has previously worked with Qantas, Virgin, Jetstar and the RAAF directly and have been described by Immigration Minister, and federal member for Aston, Alan Tudge as a “local success story”. Linda Reynolds, Minister for Defence, said: “The safety stands would provide enhanced fall protection for Air Force and Boeing personnel when conducting maintenance on top of, and around, the aircraft.” “Using their...
Ball Corporation has announced the retirement date of Robert D. Strain, senior vice president, Ball Corporation and president of Ball Aerospace. Robert D. Strain will retire on Jan. 1, 2021, after more than 30 years in the aerospace industry. Dr. David Kaufman, chief operating officer of Ball Aerospace since January 2020, will transition to the role of president in a similar capacity. Kaufman has more than 25 years of engineering and management experience supporting the aerospace industry and government customers. "Rob has had a long and accomplished career in the industry and has successfully led our aerospace business to be a trusted, mission-critical partner to our civil, defense and intelligence customers. We thank him for his leadership during a time of unprecedented growth for Ball...
Germany's economy slumped by 2.2% in the first three months of this year as the COVID-19 pandemic pushed it into recession. It was the biggest quarterly fall since 2009 when the country was engulfed in the global financial crisis. The Western European nation’s export of aluminium containers during 2018-19 has been recorded at 4329 tonnes and the revenue generated on the export during the phase stood at $32.15 million. The export for 2020 is expected to reach at 3025 tonnes, with earnings to stand at $20.22 million. Now, when the export volume and earnings of 2020 get added with the existing two years, it denotes 7354 tonnes and $52.37 million respectively. In 2018, Germany’s export of aluminium container remained at 2007 tonnes and earnings stood at $17.07 million, whereas, in 2019 the...
Ball Corporation reported net earnings of $241 million on sales of $3.1 billion for the third quarter 2020, compared to $92 million on sales of $3.0 billion in 2019. For the first nine months of 2020, net earnings were $358 million on sales of $8.7 billion, compared to $406 million on sales of $8.8 billion for the first nine months of 2019. The company said the results reflect the 2019 sale of Argentine steel aerosol business and Chinese beverage can assets, and new segment reporting for the company's beverage packaging, EMEA business and other non-reportable results. "Our team continues to operate safely while responding to significant growth across our businesses. Capital investments are being executed to support sustained growth for our global aluminum packaging portfolio and aerospace...
