The potential divestment follows Ardagh Group’s November restructuring, bondholders took control in a recapitalisation that converted US$4.2B of debt to equity and injected US$1.5B in fresh capital.
TERI’s urban assessment found that only 5–6% of used beverage cartons in the studied cities reach landfills; the rest flows into formal and informal collection systems.
Transparency Market Research forecasts growing demand for recycled metals—cost-effective and green alternatives to virgin materials, in manufacturing, construction, automotive, electronics, and infrastructure.
The technology is built into plastics during manufacture, requiring no process or equipment changes, making it instantly scalable and cost-effective for producers worldwide.
The survey found that 16 percent of businesses have already formatted packaging to comply, 39 percent are currently making changes, and 32 percent are reviewing.
Tighter scrap supply has already hit local producers, Novelis, Brazil’s top aluminium recycler, closed its Juiz de Fora collection centre last year due to material shortages.
The Commission clarifies that packaging produced and in stock but not placed on the market by 12 August 2026 does not need to be destroyed, remanufactured, or re-labeled.
Allotment is expected to be finalised on August 10, with listing on BSE and NSE scheduled for August 12.
The company has announced over US$210 million in EMEA cost-saving measures, including 31 facility closures and net reductions of more than 3,000 positions.
Despite heightened geopolitical uncertainties, the company experienced no material impact on its operations, supply chain, or financial performance, with higher input costs being effectively passed on to customers.