Rexam

Rexam

Infobox_Company
company_name = Rexam PLC
company_
company_type = Public (lse|REX)
company_slogan = "shaping experience"
foundation = 1923
location = London, England, UK
key_people = Leslie Van de Walle (CEO)
num_employees = 24,200
industry = Packaging Solutions, Beverage Cans
products = packaging, beverage cans
revenue = £3,611 million (2007)
operating_income=£354 million (2007)
net_income = £240 million (2007)
homepage = [http://www.rexam.com www.rexam.com]

Rexam PLC (lse|REX) is a leading British provider of plastic packaging solutions and manufacturer of beverage cans. The Company's headquarters are in London, England. It is a constituent of the FTSE 100 Index.

History

The Company was founded by William Vanisittart Bowater in 1881 in London selling paper. [http://www.rexam.com/index.asp?pageid=30 Rexam History] ] In 1923 his son, Eric, refocused the business into paper manufacturing under the name "Bowater Paper Mills". In 1995 the name was changed to "Rexam", an abbreviation of the name of one of the Company's subsidiaries, "Regal Paper", and the business was refocused again - this time into consumer packaging.

In 2007 Rexam disposed of its glass manufacturing businesses to concentrate on its beverage can production worldwide. [ [http://findarticles.com/p/articles/mi_hb5243/is_200505/ai_n19973192 Rexam sells UK glass] ] It then went on to complete the acquisition of O-I Plastics in North America. [ [http://findarticles.com/p/articles/mi_m0UQX/is_8_71/ai_n24322300 Rexam buys O-I Plastics] ]

Operations

They are the largest manufacturer of beverage cans in the world and they are one of the world's top 5 consumer packaging groups. Rexam produced about a quarter of the 230 billion cans manufactured globally in 2007, including 45% of total beverage cans sold in Europe and 68% of beverage cans sold in South America. [] Their global operations span Europe, the Americas and Asia, employing some 24,200 people in more than 20 countries with an annual turnover of more than £3.6bn. [cite web | url=http://www.rexam.com/index.asp?pageid=14 | title= About Us - Company Overview | publisher=REXAM |year=2007| accessdate=2007-08-08 | language= English]

References

External links

* [http://www.rexam.com Rexam] (official site of Rexam Plc)
*


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