Constellation Brands CEO Robert Sands says cans offer a huge opportunity to grow sales of beers such as Corona Extra as the firm plans to significantly expand production at its brewery in Nava, Mexico.
Heineken plans to sell Crown Holdings its Mexican packaging business Empaque for $1.225bn to boost its balance sheet and focus its efforts on brewing and selling beer.
A Toronto labor dispute that began nine months ago at Crown Holdings is escalating with strike leaders now urging the Canadian public not to drink beer brands in cans from brewers including Molson Coors and Labatt.
Hydro, whose clients include Tetra Pak, Ball and Crown, is celebrating after getting the go-ahead to build a $61m beverage can recycling plant in Neuss, Germany.
Constellation Brands misled a Federal court by arguing that it would not co-ordinate beer prices rises to follow AB InBev after the Grupo Modelo takeover and then doing so, nine US beer drinkers claim.
Crown Holdings has opened three beverage can factories in Heshan (Guangdong province), Ziyang (Sichuan province) and Putian (Fujian province), bringing the total number of plants in China to seven.
The chair of can giant Crown Holdings was tight-lipped when asked about the impact on the packaging industry if PepsiCo chose to spun-off its beverage business as 'activist-investor' Nelson Peltz demands.
Crown Holdings has signed a deal with Austin-based HeatGenie to accelerate efforts to bring the latter’s self-heating for beverage and ‘sippable soup’ packaging technology to market in 2013.
Crown predicted strong unit volumes in beverage and Bemis expects to push ahead after a year of re-organising the business, as both firms reported their Q4 and full year results.
Crown Holdings tells BeverageDaily.com that it hopes to introduce a new full aperture end just launched in China for use with 150ml Budweiser cans to other geographies in future.
Crown Holdings has postponed plans to build two new plants in China as it continues to face sluggish economic conditions and unfavourable weather in its key markets.
Inflated costs and adverse foreign exchange conditions saw Crown Holdings post a slight year-on-year profit drop in the three months to the end of March 2012 – despite notching up improved sales figures and increased beverage can volumes.
