End user weekly recap: International cola giant forecasts strong revenue growth eyeing sustainable demand; Colep Packaging acquires a 40% stake in aerosol manufacturing firm ALM

From transport to automobiles to packaging, the use of aluminium is widespread and expanding with passing time. This week the end-user sector of the global aluminium industry recorded some significant changes. A swift change was witnessed, with companies shifting to aluminium for a more sustainable approach. As a result of the dynamic increase in demand for its products, Coca-Cola announced it would increase its annual growth projection despite price increases to cushion the impact of rising prices for key ingredients, including maize sugar and aluminium cans. Next in line is the news of Mawson's Traditional Soft Drinks shifting to aluminium cans under the company's direction to move toward sustainability. As per the information, it will now pack its sparkling soft drinks in 250ml lightweight aluminium cans. Another news is that Colep Packaging, the market leader in the Iberian region for general packaging and the European aerosol industry, has purchased a 40% share in the more than three decades old Spanish aluminium aerosol provider ALM.

The carbonated soft drink manufacturer Coca-Cola announced that the company had upraised its annual growth forecast as the demand for the colas escalated dynamically, notwithstanding the price surge to soften the jolt of higher costs for vital feeds like aluminium cans and corn sugar.

To know more: https://www.alcircle.com/news/international-cola-giant-forecasts-strong-revenue-growth-eyeing-sustainable-demand-82094

The leading player in the European aerosol market and the Iberian leader in general Packaging, Colep Packaging had acquired a 40% stake in the more than three decades old Spanish aluminium aerosol provider ALM.

To know more: https://www.alcircle.com/news/colep-packaging-acquires-a-40-stake-in-aerosol-manufacturing-firm-alm-82121

Lakeland Artisan, run by husband-wife Geoff and Mary Monkman, is a well-acknowledged food and drinks company creating high-quality, handcrafted products using natural ingredients bereft of artificial preservatives. Under the company's lead, Mawson's Traditional soft drinks will now pack their sparkling soft drinks in 250ml lightweight aluminium cans to move towards sustainability.

To know more: https://www.alcircle.com/news/lakeland-artisan-adopts-sustainability-introduces-aluminium-cans-for-soft-drinks-82074

Aluminium as a metal is lightweight, corrosion resistant and sturdy, which makes it a good fit for yachts, ships and other similar structures. Custom Line brand’s flagship yacht, the new Navetta 50, is designed entirely out of aluminium. 

To know more: https://www.alcircle.com/news/custom-lines-all-aluminium-navetta-50-construction-may-begin-by-2022-end-82082

The government of Italy is seeking to acquire a stake in an Indian company, Titagarh Wagons' wholly-owned arm Firema. Titagarh is in the business of manufacturing coaches for the Indian railway.

To know more: https://www.alcircle.com/news/italian-government-may-invest-in-titagarh-wagons-subsidiary-firema-82081

Australian sports ground, Adelaide Oval had been permitted a new liquor licence with the aid of which they will be eligible to sell alcohol in aluminium cans. The Stadium Management Authority (SMA) had introduced liquor in aluminium cans to minimise the amount of harmful waste created earlier.

To know more: https://www.alcircle.com/news/adelaide-oval-gets-permission-to-serve-alcohol-in-aluminium-cans-hopes-to-reduce-harmful-waste-82114

CANPACK S.A. declared that it will enhance its aluminium beverage can production capacity with the introduction of a new manufacturing unit in Poços de Caldas, a municipality under the State of Minas Gerais, Brazil.

To know more: https://www.alcircle.com/news/canpack-s-a-to-materialize-us140-million-plant-in-pocos-de-caldas-sufficing-aluminium-can-demand-in-brazil-82118

TUMI, the manufacturer of high-end luggage and travel bags, had rolled out its limited edition 19 Degree aluminium briefcase. As a metal, aluminium is used across a wide range of fields, from industrial to household to strong and robust briefcases.

To know more: https://www.alcircle.com/news/tumi-rolls-out-limited-edition-19-degree-aluminium-briefcase-82096

Savannah’s pilot aluminum cup program came up with yet another idea of reutilizing the cups. The idea was to redesign aluminum cups into sustainable souvenirs.

To know more: https://www.alcircle.com/news/savannah-business-association-ideates-redesigning-aluminum-cups-into-sustainable-souvenirs-82083

source https://www.alcircle.com/news/end-user-weekly-recap-international-cola-giant-forecasts-strong-revenue-growth-eyeing-sustainable-demand-colep-packaging-acquires-a-40-stake-in-aeroso-82128