Ball Issues Sustainability Report
June 30 2008 - 9:30AM
PR Newswire (US)
BROOMFIELD, Colo., June 30 /PRNewswire-FirstCall/ -- Ball
Corporation (NYSE:BLL) today issued the company's first
sustainability report. The 42-page report, titled "Toward a
Sustainable Future," identifies Ball's sustainability successes,
goals and related data about the company's operations. "Our
prosperity is clearly linked to the prosperity and success of
others," said R. David Hoover, Ball's chairman, president and chief
executive officer. "Ball's economic success allows us to fulfill
our obligations as a responsible employer, manufacturer and
neighbor. We are committed to doing our part in protecting the
environment for future generations and to being a responsible
citizen of our shared global community." Ball's sustainability
report identified five areas of focus for the company: -- Advance
Sustainable Packaging -- Reduce Our Environmental Footprint -- Care
for Our Employees and Communities -- Create Prosperity for Us and
Others -- Strengthen Stakeholder Relationships "We realize that we
can make more progress on some of our goals by collaborating with
others -- our suppliers, our customers, consumers, governments,
local communities and other stakeholders," said John A. Hayes,
executive vice president and chief operating officer. "Our report
is a catalyst to reach out to those constituencies to determine
areas of mutual interest, concern and opportunity." Ball's
comprehensive 2007 Sustainability Report is available online at
http://www.ball.com/. A summary brochure and the company's
responses to the Global Reporting Initiative (GRI) reporting
framework are also available online. Ball Corporation is a supplier
of high-quality metal and plastic 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 15,500 people
worldwide and reported 2007 sales of approximately $7.4 billion.
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, Scott McCarty,
+1-303-460-2103, , both of Ball Corporation Web site:
http://www.ball.com/
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