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Containers and Packaging Metal and Glass Containers

  • TRUMP SAYS MERCK, PFIZER AND CORNING ANNOUNCE THAT GLASS PACKAGING WILL BE MADE IN AMERICA.

  • SYDNEY, June 16- BHP's new chairman Ken MacKenzie, an avid sailor, is not afraid to rock the boat. He implemented an aggressive turnaround plan, oversaw a company-changing $2 billion acquisition of the Alcan packaging businesses and pushed through a spin off of its Australian boxes and bottles arm. On that basis he's a very sensible, sound appointment, "said Rohan...

  • WASHINGTON, April 21- The U.S. International Trade Commission has made affirmative determinations in its preliminary phase anti-dumping and countervailing duty investigations of aluminum foil from China, the agency said on Friday. The USITC voted for continued investigations into whether aluminum foil imports from China were being dumped or subsidized,...

  • *Bounce in East Asia trade drives container demand. SINGAPORE, April 3- Prices for shipping containers, the metal boxes that carry 90 percent of the world's manufactured goods, have risen to their highest since October 2015, a clear indicator that seaborne trade is increasing and should grow further this year. "The market seems tight... we are urging liners to release...

  • DUBLIN, March 15- Packaging company Ardagh Group surged 19 percent in its New York debut on Wednesday, valuing the firm at about $5.3 billion after it raised $307.8 million in an initial public offering to help to pay down debt. Shares in the Luxembourg- based supplier of glass and metal containers hit $22.55 at 1622 GMT, 19 percent above their $19 IPO price.

  • DUBLIN, March 14- Packaging conglomerate Ardagh Group on Tuesday priced its long-awaited initial public offering at $19 per share in a listing of around 7 percent of the company on the New York Stock Exchange. The Luxembourg- based supplier of glass and metal containers, controlled by Irish billionaire Paul Coulson, had announced- and then delayed- a stock market...

  • March 10- The United States has launched a trade case accusing Chinese aluminum foil producers of dumping product and damaging its domestic industry, the first such case since the inauguration of U.S. hurting global prices World Trade Organization,. U.S. Aluminum Association filed a trade case accusing Chinese aluminum foil producers of dumping product and...

  • The Aluminum Association filed antidumping and countervailing duty petitions with the Department of Commerce and the International Trade Commission charging that unfairly traded imports of certain aluminum foil from China are causing material injury to the domestic industry. The action was part of the industry's broad trade strategy to address...

  • The Aluminum Association filed antidumping and countervailing duty petitions with the Department of Commerce and the International Trade Commission charging that unfairly traded imports of certain aluminum foil from China are causing material injury to the domestic industry. The action was part of the industry's broad trade strategy to address...

  • DUBLIN, March 6- Packaging conglomerate Ardagh Group launched a long-awaited initial public offering late on Monday, as it sought to raise as much as $370 million by floating around 7 percent of the company on the New York Stock Exchange. The Luxembourg- based supplier of glass and metal containers, controlled by Irish billionaire Paul Coulson, has announced- and...

  • DUBLIN, Feb 23- Packaging conglomerate Ardagh Group is well advanced with plans to launch an initial public offering and intends to float on the New York Stock Exchange later this quarter, chairman Paul Coulson said on Thursday. The Luxemburg- based supplier of glass and metal containers, controlled by Irish billionaire Coulson, said last year that it planned to...

  • Businessman toasting

    Ball Corp. said it along with rival Rexam agreed to sell some assets to Luxembourg-based packaging maker Ardagh Group for about $3.42 billion.

  • Rolls of steel

    As China’s construction boom slows, steel mills across the country are scrambling to find ways to bolster profits, and one has hit on an unusual strategy: raising pigs.  The FT reports.

  • Mining

    Indonesian Trade Minister Gita Wirjawan told CNBC on Tuesday that Southeast Asia's largest economy was not adopting protectionist policies and was only following in the footsteps of other developed countries.

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    India's Tata Steel, the world's No.7 steelmaker, posted an unexpected quarterly loss, its first in more than two years, as higher raw material costs and weak demand in Europe hurt margins.

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    China's steelmakers have racked up $400 billion in debt, which some may struggle to repay, making them a potential drag on a banking sector already facing rising bad loans from the property sector and local governments.

  • Trading Corning's New Gorilla Glass 2

    Wendell Weeks, Corning CEO demonstrates the strength of its Gorilla Glass 2, which is 20% thinner than the original product, and discusses how it could generate profits for Corning. Also, the Fast Money traders weigh in with the play on the stock.

  • Can Corning Cash in on Gorilla Glass?

    Will the glassmaker cash in on high LCD television and tablet demand this holiday season? Jim Flaws, Corning CFO, discusses.

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    The industry is  at a unique point in history, where  economic growth overseas, high energy costs, demand for commodities  and better recovery technologies have converged to swell revenue.

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    With commodities prices high and global supply low, analysts are bullish on this ugly-duckling business.