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Grupo Modelo, working with WestRock and Grupo Gondi, is switching from plastic ring carriers to CanCollar Eco paperboard multipack collars in Quintana Roo, Mexico, at an investment of about $4 million. The first phase is projected to eliminate more than 100 tons of plastic waste.
O-I completed its acquisition of Nueva Fabrica Nacional de Vidrio (Nueva Fanal) from Grupo Modelo for about US$188 million. The plant near Mexico City has four furnaces producing about 300,000 tons of glass containers a year.
Owens-Illinois agreed to acquire Nueva Fanal, a glass container plant near Mexico City, from Grupo Modelo for about $188 million in cash. The plant produces roughly 300,000 tons of glass containers a year, and the deal is expected to close during 2019.
Mexican President Enrique Peña Nieto inaugurated Grupo Modelo's brewery in Hunucmá, Yucatán, with initial capacity of 5 million hectoliters a year and an aluminum can plant producing 1 billion cans a year, built for 8.5 billion pesos.
