Rexam PLC is a global consumer packaging company headquartered in London, United Kingdom. It is the largest manufacturer of beverage cans in the world and a leading producer of plastic packaging. It has close to 100 plants in over 20 countries in Asia, Europe, North America and South America.

It is listed on the London Stock Exchange

London Stock Exchange

The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

 and is a constituent of the FTSE 100 Index

FTSE 100 Index

The FTSE 100 Index, also called FTSE 100, FTSE, or, informally, the footsie , is a share index of the 100 most highly capitalised UK companies listed on the London Stock Exchange....

.

History

The company was founded by William Vansittart Bowater

William Vansittart Bowater

William Vansittart Bowater was the founder of Bowater Scott which was to emerge as Rexam, one of the United Kingdom's largest packaging businesses.-Family:...

 in 1881 in London selling paper. In 1923 his son, Eric, refocused the business into paper manufacturing under the name Bowater Paper Mills. The Company diversified into tissue

Facial tissue

Facial tissue and paper handkerchief refers to a class of soft, absorbent, disposable papers that is suitable for use on the face. They are disposable alternatives for cloth handkerchiefs...

 manufacturing in 1956 forming Bowater-Scott, a joint venture with the Scott Corporation

Scott Paper Company

The Scott Paper Company is a USA-based corporation which manufactures mostly paper based consumer products.Scott Paper was founded in 1879 in Philadelphia, Pennsylvania by brothers E. Irvin and Clarence Scott, and is often credited as being the first to market toilet paper sold on a roll...

; Scott Corporation bought out the Bowater interest in the joint venture in 1986. In 1995 the name was changed to Rexam, an abbreviation of the name of one of the Company's subsidiaries, Regal Paper America, and the business was refocused again – this time into consumer packaging.

In 2007 Rexam disposed of its glass manufacturing businesses to Ardagh Glass Group

Ardagh Glass Group

Ardagh Glass Group, seated in Dublin, is a European producer of Glass packages for the food and drink industry.The Ardagh Group has 22 factories in eight countries ....

 so as to concentrate on its beverage can

Beverage can

A beverage can is a tin can designed to hold a specific portion of a beverage. Beverage cans are made of tin-plated steel or aluminium.- History :...

 production worldwide. It then went on to acquire O-I Plastics, a plastic packaging business in North America.

Operations

Rexam is a leading global consumer packaging company. It is one of the leading global beverage can makers and a major global player in rigid plastic packaging. It is business partner to some of the world’s most famous and successful consumer brands. Rexam's sales from ongoing operations are in the region of £5 billion. It has close to 100 plants in more than 20 countries and employs around 21,700 people. Rexam is a member of the FTSE 100 and its ordinary shares are listed with the UK Listing Authority and trade on the London Stock Exchange under the symbol REX. Rexam produced about a quarter of the 260 billion cans manufactured globally in 2009, including 45% of total beverage cans sold in Europe and 68% of beverage cans sold in South America. Its global operations span Europe, the Americas and Asia.

External links

• Rexam (official site of Rexam)
• Rexam Profile at Wikinvest
• Swot analysis on Rexam