Crown Holdings Announces 2025 Sustainability Award Winners, Enhancing Energy Efficiency
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: PRnewswire
- Sustainable Manufacturing Award: The Ponta Grossa aluminum beverage can manufacturing plant in Brazil won for implementing energy-efficient methods, including a heat exchange system that aims to reuse residual heat, significantly enhancing resource efficiency and reinforcing the company's leadership in sustainable manufacturing.
- Safety and Employee Engagement Award: The Izmit aluminum beverage can manufacturing plant in Turkey was recognized for its investment in modernizing the air system, resulting in improved working conditions and reduced temperatures, demonstrating the company's commitment to employee safety and health.
- Innovation in Sustainability Award: Signode Virton in Belgium won for launching plastic stretch film with 30% post-consumer recycled content, reducing fossil fuel dependency and aligning with Crown's Twentyby30 climate action goals, showcasing innovation in the packaging industry.
- Global Sustainability Commitment: CEO Timothy Donahue emphasized the global team's efforts in reducing carbon emissions and energy consumption, reflecting the company's strong commitment to sustainability and driving future business growth and environmental responsibility.
Analyst Views on CCK
Wall Street analysts forecast CCK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CCK is 120.78 USD with a low forecast of 99.00 USD and a high forecast of 140.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 104.160
Low
99.00
Averages
120.78
High
140.00
Current: 104.160
Low
99.00
Averages
120.78
High
140.00
About CCK
Crown Holdings, Inc. designs, manufactures and sells packaging products for consumer goods and industrial products. The Company's segments include Americas Beverage, European Beverage, Asia Pacific, Transit Packaging and Other. The Americas Beverage segment manufactures infinitely recyclable aluminum beverage cans and ends, glass bottles, steel crowns and aluminum caps. The European Beverage segment manufactures infinitely recyclable aluminum beverage cans and ends in Europe, the Middle East and North Africa. The Asia Pacific segment consists of beverage can and non-beverage can operations, primarily food cans and specialty packaging. The Transit Packaging segment includes its worldwide automation and equipment technologies, protective packaging solutions and steel and plastic consumables. The Company's Other segments include its food can, aerosol can and closures businesses in North America, and beverage tooling and equipment operations in the United States and the United Kingdom.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
