Ball Receives Sustainable Packaging Leadership Awards for PET Wine Bottles
May 08 2008 - 10:00AM
PR Newswire (US)
BROOMFIELD, Colo., May 8 /PRNewswire-FirstCall/ -- Ball Corporation
(NYSE:BLL) has received two Sustainable Packaging Leadership Awards
for its 750mL PET wine bottles for Painted Turtle wines from
Artisan Wine Company of British Columbia. Ball received the
Canadian Packaging Magazine Best-of-Show Eco-Choice Award, as well
as the bronze award in the international branded package category.
The awards were presented by the Packaging Association of Canada in
conjunction with Wal-Mart Canada and Canadian Packaging Magazine to
recognize companies that have demonstrated sustainable packaging
leadership. "The objective of the Sustainable Packaging Leadership
Awards is to accelerate the progress of the packaging industry to
environmental, social and economic sustainability," said Jim
Downham, president, Packaging Association of Canada. "These awards
recognize and honor packaging industry leaders that compete with
the best-in-class on a global scale daily." According to the
judges, Ball's PET wine bottle was selected for the Eco-Choice
award because "it has the potential to launch a whole new trend and
change the way that wine is packaged. The decrease in greenhouse
gases related to the transportation of this lightweight container
-- compared to glass -- is a huge plus for sustainability, while
the colorful, well-designed label is certain to attract consumers
to the product, ultimately drawing attention to the environmental
merits of this highly functional package." Ball's 100% recyclable,
750ml PET wine bottles offer consumer convenience and weigh only 54
grams, providing savings through the supply chain. Ball is the only
PET bottle manufacturer in North America to offer SIG PLASMAX, an
ultra-thin, commercially proven, transparent, internal silicon
oxide barrier coating technology that protects the wine inside the
bottle and is easily removed during the PET recycling process. Ball
will distribute the company's first sustainability report this
summer. It will be available on the company's web site,
http://www.ball.com/. Ball Corporation is a supplier of
high-quality metal and plastic packaging products for beverage,
food and household customers, and of aerospace and other
technologies and services, primarily for the U.S. government. Ball
Corporation and its subsidiaries employ more than 15,500 people
worldwide and reported 2007 sales of $7.4 billion. Image available:
http://www.ballcorporate.com/page.jsp?page=44&id=34
Forward-Looking Statements 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 at our Web site and at http://www.sec.gov/. Factors
that might affect our packaging segments include fluctuation in
product demand and preferences; availability and cost of raw
materials, including recent significant increases in resin, steel,
aluminum and energy costs, and the ability to pass such increases
on to customers; 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, including our beverage
can end project; mandatory deposit or other restrictive packaging
laws; changes in major customer or supplier contracts or loss of a
major customer or supplier; and changes in foreign exchange rates,
tax rates and activities of foreign subsidiaries. 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; successful or unsuccessful acquisitions, joint ventures
or divestitures; integration of recently acquired businesses;
regulatory action or laws including tax, environmental, health and
workplace safety, including in respect of 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; reduced cash flow; interest rates affecting our
debt; and changes to unaudited results due to statutory audits or
other effects. DATASOURCE: Ball Corporation CONTACT: Investors,
Ann. T. Scott, +1-303-460-3537, , or Media, Jennifer Hoover,
+1-303-460-5541, , both of Ball Corporation Web site:
http://www.ball.com/
Copyright
Ball (NYSE:BLL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ball (NYSE:BLL)
Historical Stock Chart
From Jul 2023 to Jul 2024