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Aluminium price surge dents Coca-Cola’s India market share despite Diet Coke boom

Beverage giant Coca-Cola Company has acknowledged losing market share in India during the April-June quarter (Q2). Rising aluminium and PET packaging costs, coupled with supply constraints, disrupted its pricing strategy in one of its most important end-use markets. Although Coca-Cola reported stronger-than-expected global quarterly earnings and raised its full-year outlook, India emerged as one of the weaker performers in the Asia-Pacific region. Learn about the future of aluminium in the ...

End User

The next evolution of aluminium cans? AMP Europe introduces XO resealable ends

Sustainable aluminium beverage can manufacturer Ardagh Metal Packaging (AMP) Europe has partnered with Xolution Germany to become the official European distributor of XO resealable can ends, expanding its range of beverage packaging solutions. The agreement enables AMP Europe to offer XO’s resealable technology across Europe, giving beverage manufacturers a new aluminium can-end solution that combines portability, ease of use and product protection. To learn the future of aluminium in the ...

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ElvalHalcor launches new shares, backs €855m aluminium rolling mill expansion by 2030

Athens-based aluminium manufacturer ElvalHalcor’s newly issued shares have officially started trading on Euronext Athens on July 22. The shares were launched after the successful completion of the company’s recent share capital increase, which attracted strong interest from both institutional and retail investors. To mark the occasion, ElvalHalcor Chairman Konstantinos Katsaros formally opened the trading session alongside company executives, partners and representatives of Euronext Athens. ...

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