End User Weekly Recap: Tata Motors signed agreement with CESL for the supply of 300 electric cars; CANPACK to build its second US aluminium beverage can plant
End user sector saw many new agreements and announcement of beverage can plant by some of the companies last week. Tata Motors signed agreement with Convergence Energy Services Limited (CESL) for the supply of 300 electric cars while Volnaa Beverages launched packaged drinking water in aluminium cans.Let's recapitulate some of the top aluminium news from the end use sector.
Tata Motors has inked an agreement with Convergence Energy Services Limited (CESL) for the supply of 300 electric cars with three years of warranty. The total cost of the agreement is expected to be around INR 44 crore.
The project will consist of 300 four-wheeler electric cars whose length is less than 4 meters)and range equal to or more than 250 KMs.
To know more: https://www.alcircle.com/news/tata-motors-to-supply-300-units-of-four-wheeler-electric-vehicles-to-cesl-66346
CANPACK will construct its second US aluminium beverage can body manufacturing plant in Muncie. The $380 million investment project is likely to create 345 local jobs by 2023.
The company will start construction of the 862,000-square-foot facility in mid-2021, and the plant operation is scheduled to commence in the fourth quarter of 2022.
The Le Naufrageur microbrewery in Carleton-sur-Mer, Quebec has developed a vital change in its production from the end of May. The Gaspésie microbreweries focus on the aluminium can as the preferred container.
To know more: https://www.alcircle.com/news/aluminium-can-replace-glass-bottle-le-naufrageur-microbrewery-in-canada-invests-400-000-66378
The Netherlands aluminium cans exportation recorded to 67,144 tonnes during 2018-19 and the revenue generated from the export was $251.19 million. The import for 2020 stood at 68,414 tonnes and the earnings remained at $216.77 million.
To know more: https://www.alcircle.com/news/netherlands-export-of-aluminium-cans-during-2018-20-displays-enterprising-growth-66366
Volnaa Beverages has come to bring a change, as they are ready to launch their packaged drinking water in aluminium cans, a step towards replacing plastic bottled water available in the market.
To know more: https://www.alcircle.com/news/volnaa-brings-a-change-all-set-to-launch-natural-mineral-water-in-aluminium-cans-66347
The Dhaka Stock Exchange-listed company Sonali Paper and Board Mills Ltd of Bangladesh has inked a deal with Chinese firm Zhangjiagang Fineness Aluminium Foil Co Ltd to set up an aluminium foil paper plant in Naraynganj district’s Rupganj administrative area.
To know more: https://www.alcircle.com/news/bangladesh-sonali-paper-inks-deal-with-chinese-firm-to-set-up-aluminium-foil-paper-plant-66344
source https://www.alcircle.com/news/end-user-weekly-recap-tata-motors-signed-agreement-with-cesl-for-the-supply-of-300-electric-cars-canpack-to-build-its-second-us-aluminium-beverage-can-66412
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