Ball Corporation

FY2024 revenue

~$11.8B Reported · reported, current filing required

Aerospace exit

~$5.6B Sale to BAE Systems, closed Feb 2024

TRI facility count

Not stated Underlying 2024 EPA rows are not retained in this evidence set

Facility attribution

Not stated Facility-level EPA record and current control not verified here

Sector tags

Aluminum packaging Pure-play beverage cans

Public evidence, arranged around the physical system rather than the corporate org chart. Ball Corporation's defining structural fact for this brief: a February 2024 divestiture completed a decades-long identity shift, from a diversified industrial parent that once built spacecraft hardware to a pure-play aluminum beverage packaging company. That shift, and how to read it, is the subject of this brief's bespoke tab.

01 · MATERIALS IN

Aluminum coil, recycled aluminum & coatings

Aluminum sheet and coil stock (much of it recycled), interior can coatings and linings, and printing inks are the public category signals for Ball's beverage-can manufacturing.

02 · MAKE

Beverage-can manufacturing, now the whole company

Ball describes one core business today: aluminum beverage packaging. The company's former aerospace and defense segment, and its former aerosol/personal-care packaging segment, are no longer part of current operations.

03 · PRODUCTS OUT

Aluminum cans, cups & bottles

Standard beverage cans across multiple sizes, specialty and craft-format cans, and aluminum cups and bottles for beverage brands. Aerosol/personal-care packaging was sold in 2022 and is not current.

04 · WASTE OUT

TRI evidence boundary

The underlying 2024 EPA rows for the previously stated parent-name set and aggregate are not retained in this evidence set. No facility count or chemical quantity is presented here.

What is public now

Current business Aluminum beverage packaging (cans, cups, bottles) for beer, soft drinks, energy drinks, and other beverage categories, sold globally

Ticker & identifiers NYSE: BALL · SEC CIK 0000009389 · legal name “BALL Corp”

Sector tags Metal & aluminum packaging · consumer packaged goods supply chain

Public plant signal A facility-level EPA record and current ownership or operating control have not been verified in the reviewed evidence. No Ball facility count is stated.

Material question This page does not establish a facility-specific material flow or current operating-control perimeter

What the public record tells us

Revenue signal: The cited public sources's revenue figure of $2,747,000,000 is dated to the period ended December 31, 2017 and flagged “Missing or stale.” It is roughly a decade old and far below Ball's real current scale; it is not used anywhere in this brief. Ball's publicly reported FY2024 revenue from continuing operations, following the aerospace divestiture, is approximately $11.8 billion. That figure is labeled Reported here and should be confirmed against Ball's own current 10-K before it is cited in any client-facing material.

Do not use: a cost-of-revenue figure of $7,081,200,000 dated December 31, 2011 also appears in the same cited public sources. It is more than a decade stale and is not used anywhere in this brief.

R&D-type figure: $55,000,000 for the period ended December 31, 2023 is present in the cited public sources. It is more current than the revenue and cost figures above but still not the latest available year; treat it as Reported, pending confirmation against the most recent 10-K.

Regulatory and certification signals

Regulatory watchlist U.S. state container-deposit (bottle bill) and extended producer responsibility laws, EU Packaging and Packaging Waste Regulation, TRI, RCRA

Certification families Aluminium Stewardship Initiative (ASI) certification, ISO 14001

How to use this view Connect each requirement to the product, plant, material, jurisdiction, and effective date before making a transition claim

Circularity and recovery signals

Material innovation Aluminum is infinitely recyclable without loss of material quality; higher recycled-content can stock is a stated public focus area for the beverage-can industry

Recovery pathways The beverage-can supply chain runs one of the most mature closed-loop recycling systems of any packaging format; Ball is a large public buyer of recycled aluminum sheet and can stock

Scope of the material question Recycled-content percentage by plant, and closed-loop collection volume by market, require facility- or program-specific evidence before a recycled-content claim is used

This is the tab that makes Ball's real structural history, not just its current product description, the point. Ball Corporation has changed what it makes twice at the scale of the whole company. Read past any source that still describes Ball as a diversified aerospace and packaging conglomerate; that description is no longer current.

The three-part history, in order

Founded as a glass home-canning jar maker Ball began as a manufacturer of glass Mason jars for home food preservation, the origin of the Ball name still printed on canning jars sold today under license

Diversification into aerospace and defense Ball Aerospace built spacecraft components, remote sensing instruments, and other space-systems hardware, an unrelated business line sitting alongside Ball's core packaging operations for decades

Aerosol and personal-care packaging divested Ball exited its aerosol and personal-care aluminum packaging business, narrowing its packaging operations toward beverage cans specifically; buyer and terms should be confirmed against Ball's own public filings before citation

Ball Aerospace sold to BAE Systems, ~$5.6 billion Ball completed the sale of its aerospace and defense business to BAE Systems, publicly and completely exiting aerospace and defense

What this means for reading any other source on Ball

Any residual reference elsewhere to Ball as a diversified aerospace, defense, or aerosol-packaging company describes a business Ball no longer owns. Since February 2024, Ball Corporation's current, ongoing business is overwhelmingly aluminum beverage can manufacturing. A directory listing, an old news article, or a stale database row that still shows an aerospace or aerosol segment for Ball should be treated as historical, not current, and should not be used to infer today's facility footprint, headcount, or revenue mix.

The aluminum circularity case: a different metal, a different story

Aluminum is infinitely recyclable without loss of material quality, unlike many other packaging materials that degrade with each recycling pass. The beverage-can supply chain runs one of the most mature closed-loop recycling systems of any packaging format in the world, and Ball is a large buyer of recycled aluminum sheet and can stock as an input to its own manufacturing. This is a genuinely distinct circularity story: it is a different metal from steel scrap and a different material system from recycled glass cullet, resting on aluminum's specific physical property of being recyclable indefinitely without loss of quality.

Exact recycled-content percentage by plant, and the specific closed-loop collection volume attributable to Ball's own supply chain, are not itemized in this source set. Treat any specific percentage as company reported and unverified here until pulled from Ball's current sustainability disclosure.

One current core business, publicly described: aluminum beverage packaging across several product formats. The former aerosol and personal-care packaging line is noted separately as divested, so it is not confused with current operations.

Standard aluminum beverage cans

Aluminum beverage cans across multiple standard sizes, the core product sold to beer, soft drink, energy drink, and other beverage brands globally.

Core product · company described

Specialty & craft-format cans

Specialty sizes and craft-oriented can formats for smaller beverage brands, including sleek, slim, and other differentiated can shapes.

Core product · company described

Aluminum cups & bottles

Aluminum cup and bottle formats for beverage brands, an extension of the can platform into alternative aluminum package shapes.

Core product · company described

Aerosol & personal-care packaging (divested 2022)

Aluminum aerosol and personal-care packaging was part of Ball's portfolio until a 2022 divestiture. It is not part of current operations and should not be counted in Ball's present product mix.

Reported · historical, not current

What this product mix means for a materials-transition conversation

Single-material focus Unlike a diversified packaging portfolio spanning multiple substrates, Ball's current product mix is built almost entirely on one material, aluminum, across can, cup, and bottle formats

Material question A named can plant, product size, or coating specification is the workable starting point, not the parent brand

Segment names and the scope of the 2022 aerosol divestiture shift with each 10-K. Confirm current segment definitions and any exact product-mix percentage in the latest filing before quoting one.

Category-level material families connect Ball's public product description to its manufacturing inputs. Recycled aluminum sheet and can stock is the standout circularity signal for this sector.

Financial scale context

The cited public sources's revenue figure of $2,747,000,000, dated to the period ended December 31, 2017 and flagged “Missing or stale,” is not used anywhere in this brief; it is roughly a decade old and far below Ball's actual current scale. A cost-of-revenue figure of $7,081,200,000 dated December 31, 2011 is even more stale and is also not used. Ball's real, publicly reported FY2024 revenue from continuing operations is approximately $11.8 billion, labeled Reported here pending confirmation against the current 10-K (SEC CIK 0000009389).

Material transition focus

The practical comparison set: recycled-aluminum-content percentage by can plant, can-coating chemistry (particularly any move toward lower-impact linings), and closed-loop collection volume by market, each evaluated at the plant or product-grade level, not the parent brand.

The reviewed evidence does not retain the EPA rows needed to reproduce the previously stated 2024 TRI facility set, Certain glycol ethers quantity, or Waddell filing. Those figures and the named facility lead are withheld pending a row-level source capture.

Climate and recycled-content commitments

Ball publicly discloses greenhouse-gas reduction targets and recycled-content goals for its aluminum can business as part of its sustainability reporting. Treat any specific target percentage, baseline year, or recycled-content figure as company reported and unverified here until pulled from the current sustainability report.

Recycled aluminum: a genuine circularity input

Recycled aluminum sheet and can stock is a real, industry-standard input to beverage-can manufacturing, and aluminum's infinite recyclability without quality loss gives Ball's core product a genuine circularity angle distinct from a company merely stating a recycling aspiration. Exact recycled-content percentage by plant is not itemized in this source set.

Scope limitation

TRI parent-name matching only reaches U.S. facilities filed under a matched corporate name, only for listed chemicals like Certain glycol ethers, and only counts a parent-name match, not verified ownership or operating control. It does not capture total plant waste, water withdrawal, or emissions for Ball's full footprint, and it does not extend to non-U.S. sites. No matched facility set is represented as an owned-and-operated Ball footprint here.

Aluminum beverage packaging sits at the center of the container-deposit and extended-producer-responsibility policy landscape in a way few other packaging formats do, because cans are the highest-value, most collectible fraction of the household recycling stream.

Regulatory applicability has not been adjudicated per site, product, or jurisdiction here. This is a watchlist, not a legal conclusion.

Certification families in play

Certificate number, site scope, and current expiry are not verified here. Certification-family relevance does not prove an active, in-scope certificate for a named plant.

Innovation signals

Recycled-content aluminum Public sustainability messaging positions higher recycled-content aluminum sheet and can stock as a stated design direction

Can-coating chemistry Directional public signal on lower-impact interior can linings; specific commercialized formats not itemized in current source set

Lightweighting Thinner-gauge aluminum can development to reduce material use per can is a stated public focus area across the beverage-can industry

Each hypothesis connects a public materials, product, or recovery signal to a specific transition pathway, ranked by fit given Ball's real, post-divestiture footprint. Each is qualified only once a named plant or platform is attached.

Recycled-content aluminum sourcing transparency

Document plant-level recycled-aluminum-content percentage in can stock so beverage-brand buyers can cite a specific, sourced recycled-content figure rather than a sector-average estimate.

• Plant-by-plant recycled-content percentage disclosure
• Recycled aluminum quality and contamination specification
• Supply-chain documentation for a recycled-content claim

Can-coating chemistry substitution

Interior can linings are a known area of reformulation activity across the beverage-can industry; a named coating chemistry and plant are required before proposing a substitution pathway.

• Named coating chemistry currently in use
• Plant-level qualification and regulatory status
• Brand-customer approval pathway for a coating change

ASI-aligned closed-loop collection documentation

Aluminium Stewardship Initiative certification and closed-loop collection-volume reporting are both plausible near-term documentation projects, but require a named plant or program before they become more than a category-level hypothesis.

• Named plant or program with an active or pending ASI certificate
• Closed-loop collection volume attributable to that program
• Baseline year and methodology for the recycled-content figure

Priority opportunity

The sources reviewed here do not establish a plant-specific recycled-content percentage, material flow, or active substitution project.

This brief separates the disclosed record from the evidence still needed. Bring the relevant specification, facility or product-family evidence into the review.