Industry News

Rexam Invests in JV to Develop Beverage Can Making Technology

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By: Bridget Klebaur

Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction

Rexam PLC  announces that it has taken an equity stake in Magnaparva Packaging (MP Packaging) to help develop new technologies for its beverage can making process. MP Packaging is part of Magna Parva, a UK-based advanced engineering and research and development company. Recognized by the UK Government for sustainable innovation in packaging, Magna Parva has built a significant IP portfolio since its formation in 2005. The joint venture will enable Rexam to harness the expertise gained in the co...

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