Sustainability
Ball secures new long-term credit facility
US can making company Ball Corporation has secured a new long-term borrowing facility worth $1.4 billion (€1bn). The credit facility will extend bank maturities through 2015 and could fund further expansion in addition to stock repurchases.
Red Bull celebrates F1 win with champions can
The design of the Red Bull can has been changed for the first time ever in the UK in celebration of its Formula One team’s victory in this year’s World Championship. Driver Sebastian Vettel took the driver’s title in November. He did so in the final race of the season, just a week after the team won the constructors championship.
Can-Pack to build beverage can plant in Finland
Poland based Can-Pack is set to build a beverage can plant in Finland in an effort to meet the growing needs of customers in the Baltic countries. Under the project, which is costing almost €100 million ($132.2m), 33cl and 50cl aluminium cans will be produced at the factory, which will have an annual production capacity of 1.8 billion cans.