Ball Introduces Sustainability Breakthrough in Aluminum Aerosol Packaging
BROOMFIELD, Colo., April 17, 2012
BROOMFIELD, Colo., April 17, 2012 /PRNewswire/ -- Ball Corporation [NYSE: BLL]
announced today a metal technology breakthrough that enables the use of
recycled aluminum in the manufacture of extruded aluminum packaging for
aerosols. The resulting new metal alloy exhibits increased strength and allows
lightweighting of the container without affecting package integrity. Ball's
technology breakthrough will allow the company to lightweight its extruded
aluminum aerosol packaging by as much as 10 percent, with further
lightweighting expected in the future.
Currently, almost all extruded aluminum aerosol packaging is made from virgin
aluminum "slugs." These metal disks are impact extruded to produce packaging
for aerosol products ranging from body sprays, sun screens, air fresheners and
numerous other markets. Ball, the world's largest producer of aluminum slugs
and of recyclable aluminum beverage cans, will use aluminum recycled from
Ball's global beverage can operations to produce the company's new slugs.
"Our ReAl™ brand slugs will improve the carbon footprint of increasingly
popular extruded aluminum packaging by enabling us to reduce the amount of
metal in the package and further enhance the environmental performance of our
company," said Raymond J. Seabrook, the company's chief operating officer,
global packaging. "This breakthrough comes after months of collaboration
between our global metal technology experts and innovation teams, and brings
additional value to the supply chain by adding recycled aluminum from our
beverage can plants into our slug manufacturing processes and by
lightweighting our extruded aluminum packaging. We are excited to bring this
new solution to our customers around the world in the coming months."
Ball will begin producing cans made with ReAl slugs initially in Europe, and
has applied for patents on its ReAl packaging.
Ball Corporation is a supplier of high quality packaging for beverage, food
and household products customers, and of aerospace and other technologies and
services, primarily for the U.S. government. Ball Corporation and its
subsidiaries employ more than 14,500 people worldwide and reported 2011 sales
of more than $8.6 billion. For the latest Ball news and for other company
information, please visit http://www.ball.com.
This release contains "forward-looking" statements concerning future events
and financial performance. Words such as "expects," "anticipates," "estimates"
and similar expressions are intended to identify forward-looking statements.
Such statements are subject to risks and uncertainties which could cause
actual results to differ materially from those expressed or implied. The
company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. Key risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2 in our
Form 10-K, which are available on our website and at www.sec.gov. Factors that
might affect our packaging segments include fluctuation in product demand and
preferences; availability and cost of raw materials; competitive packaging
availability, pricing and substitution; changes in climate and weather; crop
yields; competitive activity; failure to achieve anticipated productivity
improvements or production cost reductions; mandatory deposit or other
restrictive packaging laws; changes in major customer or supplier contracts or
loss of a major customer or supplier; political instability and sanctions; and
changes in foreign exchange rates or tax rates. Factors that might affect our
aerospace segment include: funding, authorization, availability and returns of
government and commercial contracts; and delays, extensions and technical
uncertainties affecting segment contracts. Factors that might affect the
company as a whole include those listed plus: accounting changes; changes in
senior management; the recent global recession and its effects on liquidity,
credit risk, asset values and the economy; successful or unsuccessful
acquisitions; regulatory action or laws including tax, environmental, health
and workplace safety, including U.S. FDA and other actions affecting products
filled in our containers, or chemicals or substances used in raw materials or
in the manufacturing process; governmental investigations; technological
developments and innovations; goodwill impairment; antitrust, patent and other
litigation; strikes; labor cost changes; rates of return projected and earned
on assets of the company's defined benefit retirement plans; pension changes;
uncertainties surrounding the U.S. government budget and debt limit; reduced
cash flow; interest rates affecting our debt; and changes to unaudited results
due to statutory audits or other effects.
SOURCE Ball Corporation
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