Aluminium foil

Reynolds Consumer Products Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023

Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today reported financial results for the second quarter ended June 30, 2023.
  • Volume increased 12% driven by further share gains by Reynolds Wrap, improving Reynolds Kitchen® parchment trends and new products.
  • Reynolds Kitchens® Stay Flat Parchment Paper with SmartGrid® was launched and Reynolds Kitchens® Air Fryer Liners gained additional distribution.
  • The Company updates its earnings outlook for the full year and introduces its third quarter 2023 outlook as follows:

Aluminum Foil Packaging Market worth $27.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, June 14, 2023

These initiatives drive the demand for eco-friendly materials like aluminum foil packaging.

Key Points: 
  • These initiatives drive the demand for eco-friendly materials like aluminum foil packaging.
  • Semi-rigid aluminum foil packaging is a moderately stiff packaging material made from thin strips of aluminum.
  • In 2022, Europe held a 19.12% share in the global aluminum foil packaging market.
  • The well-developed European pharmaceutical market coupled with increasing research, production, and distribution of pharmaceuticals creates opportunities for aluminum foil packaging manufacturers.

Aluminum Foil Packaging Market worth $27.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, June 14, 2023

These initiatives drive the demand for eco-friendly materials like aluminum foil packaging.

Key Points: 
  • These initiatives drive the demand for eco-friendly materials like aluminum foil packaging.
  • Semi-rigid aluminum foil packaging is a moderately stiff packaging material made from thin strips of aluminum.
  • In 2022, Europe held a 19.12% share in the global aluminum foil packaging market.
  • The well-developed European pharmaceutical market coupled with increasing research, production, and distribution of pharmaceuticals creates opportunities for aluminum foil packaging manufacturers.

Reynolds Consumer Products Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

Reynolds Consumer Products Inc. (“RCP” or “the Company”) (Nasdaq: REYN) today reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Reynolds Consumer Products Inc. (“RCP” or “the Company”) (Nasdaq: REYN) today reported financial results for the first quarter ended March 31, 2023.
  • Volume increased 3%, driven by further share gains by Reynolds Wrap, and new products continued to contribute to growth.
  • Capital expenditures were $22 million for the quarter ended March 31, 2023 compared to $28 million in the prior year.
  • The Company reiterates its outlook for the full year and introduces its second quarter 2023 outlook as follows:

Reynolds Consumer Products Reports Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Wednesday, February 8, 2023

Reynolds Consumer Products Inc. (“Reynolds,” “RCP” or the “Company”) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

Key Points: 
  • Reynolds Consumer Products Inc. (“Reynolds,” “RCP” or the “Company”) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.
  • “We are encouraged by three of four segments’ recovery to pre-pandemic profitability and record profits in the fourth quarter.
  • However, Reynolds Cooking & Baking performance was disappointing due to a combination of operational inefficiencies and lower volume.
  • Capital expenditures were $128 million for the year ended December 31, 2022 compared to $141 million in the prior year.

REYNOLDS WRAP® #TRENDINGTURKEYS WILL BE THE TALK OF THE TABLE THIS THANKSGIVING

Retrieved on: 
Tuesday, November 15, 2022

LAKE FOREST, Ill., Nov. 15, 2022 /PRNewswire/ -- Reynolds Wrap® is back with three unique turkey recipes that are a twist on the year's biggest viral food trends, showing you how to create birds inspired by the recipes and moments that amassed billions of views. The trusted maker of foil products for 75 years is famed for its non-conventional, yet outrageously delicious, Thanksgiving turkeys and this year's might be the best yet.

Key Points: 
  • From Desserkys to Flamin' Hot turkeys * and even hot dog-inspired turkeys , Reynolds Wrap has done it again with a new take on the classic Thanksgiving stapleintroducing the 2022 Reynolds Wrap #TrendingTurkeys .
  • We hope you'll swipe up on our recipes this holiday season and reach for Reynolds Wrap to ensure easy prep, easy cook and easy cleanup."
  • For more information on the Reynolds Wrap #TrendingTurkeys, including how to make your own this Thanksgiving, visit ReynoldsBrands.com and follow Reynolds Wrap on Facebook and Twitter .
  • Our namesake Reynolds products include the iconic Reynolds Wrap aluminum foil, Reynolds Kitchens parchment paper, plastic wrap, oven bags, and slow cooker liners.

CALLING ALL NATURE LOVERS: REYNOLDS WRAP WANTS TO PAY YOU $10,000 TO GRILL OUT AND CHILL OUT IN THE GREAT OUTDOORS

Retrieved on: 
Thursday, July 21, 2022

LAKE FOREST, Ill., July 21, 2022 /PRNewswire/ -- From helping meat lovers enjoy the best barbecue in the United States, to supporting rookie grillers in their quest to become grill masters, Reynolds Wrap®, the trusted maker of foil products, has created delicious dream jobs for nearly five years. And now, Reynolds Wrap is officially on the hunt for its first-ever Chief Grillderness Officer, offering the most unique camping experience and dream gig for grill lovers, adventurers, and outdoor enthusiasts.

Key Points: 
  • As Chief Grillderness Officer, you'll take your taste buds on the road, equipped with $10,000,a Reynolds Wrap recreational vehicle and grilling essentials (plus plenty of Reynolds Wrap Heavy Duty Foil , of course!)
  • From now until August 4, interested applicants can submit why they would be the perfect Reynolds Wrap Chief Grillderness Officer by emailing [email protected] .
  • For more information about the Reynolds Wrap Chief Grillderness Officer, please visit www.reynoldsbrands.com/chief-grillderness-office or follow Reynolds Wrap on Facebook and Twitter .
  • Our namesake Reynolds products include the iconic Reynolds Wrap Foil, Reynolds Kitchens Parchment Paper, Plastic Wrap, Oven Bags, and Slow Cooker Liners.

Global $38.4B Aluminum Foil Market Outlook, 2027 | Financials, Developments & Strategies of Leading Players, Including Hindalco Industries, Amcor, and Zhejiang Junma Aluminum Industry - ResearchAndMarkets.com

Retrieved on: 
Monday, December 20, 2021

The "Global Aluminum Foil Market Size, Trends & Growth Opportunity, by End-Use, by Application, by Region and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Aluminum Foil Market Size, Trends & Growth Opportunity, by End-Use, by Application, by Region and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
  • The Global Aluminum Foil Market was valued at USD 24,090 million in 2020 which expected to reach USD 38,400 million by 2027 at a CAGR 6% from 2020-2027.
  • Over the next few years, the global aluminum foil packaging industry is predicted to rise rapidly.
  • Blister packs, strip packs, sachets and pouches, collapsible tubes, and bottles are all examples of pharmaceutical packaging that use aluminum foil.

Worldwide Aluminum Foil Packaging Industry to 2028 - Players Include Aleris, Carcano Antonio and Amcor Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 29, 2021

Market players are introducing aluminum foil packaging designs that are effortless, hassle-free to open as well as reseal for convenient returns.

Key Points: 
  • Market players are introducing aluminum foil packaging designs that are effortless, hassle-free to open as well as reseal for convenient returns.
  • Communicating brand values effectively and enabling product differentiation is a major factor driving the growth of the concerned foil packaging market.\nThe different printing types used in the global market include printed aluminum foil and unprinted aluminum foil.
  • In February 2019, i2r Packaging Solutions introduced an aluminum smooth wall tray to be used by the food packaging industry.
  • The food and beverage segment accounted for a major share in the global aluminum foil packaging industry in 2020.

Beer Institute, American Beverage, National Marine Manufacturers and Flexible Packaging Association Praise Reintroduction of Aluminum Pricing Examination Act

Retrieved on: 
Wednesday, April 21, 2021

The tariffs have created significant costs on aluminum end-users, and these costs are only magnified by the problem inherent in the current aluminum pricing structure.

Key Points: 
  • The tariffs have created significant costs on aluminum end-users, and these costs are only magnified by the problem inherent in the current aluminum pricing structure.
  • An estimated 22,000 American jobs rely on the aluminum sector of the marine industry, which has seen its aluminum prices spike, even for domestically produced aluminum.
  • For more information, please visit www.nmma.org\nThe Flexible Packaging Association is the voice of the U.S. manufacturers of flexible packaging and their suppliers.
  • Flexible packaging is produced from paper, plastic, film, aluminum foil, or any combination of those materials, and includes bags, pouches, labels, liners, wraps, rollstock, and other flexible products.