Rio Tinto: China’s Beer Pack Transformation to Facilitate Aluminium Can Consumption-Shanghai Metals Market

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Rio Tinto: China’s Beer Pack Transformation to Facilitate Aluminium Can Consumption

Company News 10:24:51AM Dec 07, 2017 Source:SMM

SHANGHAI, Dec.7 (SMM)-Global metal giant Rio Tinto Group says, China is going to facilitate consumption of aluminium can used in carbonate beverages industry.

Barrios, CEO of aluminium department of Rio Tinto, said in a recent interview, “In the packaging industry, especially for China’s carbonate beverages and beer industry, aluminium can is replacing traditional glass bottle gradually”.

Barrios said, global aluminium demand will increase by 4% of compound annual growth rate in future 5 years. The global aluminium demand will grow 3%-4% during 2018-2019. With implementation of China’s DE-capacity plan, primary aluminium will rise in price and China’s packaging plants will also increase their capacity for other packs.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.
 

Key Words:  Rio Tinto   Aluminium 

Rio Tinto: China’s Beer Pack Transformation to Facilitate Aluminium Can Consumption

Company News 10:24:51AM Dec 07, 2017 Source:SMM

SHANGHAI, Dec.7 (SMM)-Global metal giant Rio Tinto Group says, China is going to facilitate consumption of aluminium can used in carbonate beverages industry.

Barrios, CEO of aluminium department of Rio Tinto, said in a recent interview, “In the packaging industry, especially for China’s carbonate beverages and beer industry, aluminium can is replacing traditional glass bottle gradually”.

Barrios said, global aluminium demand will increase by 4% of compound annual growth rate in future 5 years. The global aluminium demand will grow 3%-4% during 2018-2019. With implementation of China’s DE-capacity plan, primary aluminium will rise in price and China’s packaging plants will also increase their capacity for other packs.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.
 

Key Words:  Rio Tinto   Aluminium