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Zacks: Crown Holdings' investments in building new plants, adding production lines, and making strategic acquisitions will make most of strong beverage can demand trend; however, inflated raw material/freight costs, supply-chain issues remain headwinds

Ardagh Metal Packaging and Crown Holdings to introduce, co-sponsor Global Aluminum Can Sustainability Summit in Rome, Sept. 13-14; US-based Can Manufacturers Institute is a partner in organizing event, which will focus on sustainability of beverage cans

Wells Fargo cuts estimates for Ardagh, Ball and Crown, noting more cautious view on beverage can industry; volumes slowing down as on-premise consumption normalized and consumers respond to inflation, at a time when industry is adding substantial capacity

Crown develops Libra can that weighs less than 10g; the can commemorates partnership between Crown’s R&D and Customer Technical Services teams and its customers, which resulted in a 4% global average reduction in its standard 12 oz. can weight in 2021

Crown to discuss sustainability and share progress against its Twentyby30 goals at Drinktec 2022 event, Sept. 12-16, in Munich; company’s 2030 recycling goals for aluminum cans include 70% rate in the US, 80% rate in EMEA, maintaining 97% rate in Brazil

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