Ball Introduces Heat-Tek(TM) Line of Heat-Set PET Bottles
September 27 2004 - 11:00AM
PR Newswire (US)
Ball Introduces Heat-Tek(TM) Line of Heat-Set PET Bottles
BROOMFIELD, Colo., Sept. 27 /PRNewswire-FirstCall/ -- Ball
Corporation (NYSE:BLL) today announced it has expanded its line of
Heat-Tek(TM) PET plastic bottles for hot-filled beverages, adding
sizes from 8 oz. to 64 oz. to its product line. Ball is featuring
its Heat-Tek(TM) PET bottles this week at the InterBev and Beverage
Industry trade shows in Orlando and Tampa, Fla. "Consumer demand
for healthier beverages and conversion from glass to PET continue
to drive market growth," said Allan Benson, Ball's director, custom
PET. "Our customers are moving in this direction and we will
continue to provide them with high-quality packaging to help them
succeed." Ball's Heat-Tek(TM) bottles are ideal for juices, teas,
sports drinks, vitamin-enhanced water and other beverages that are
filled at temperatures up to 185 degrees Fahrenheit. The 8, 10 and
12 oz. bottles offer a 38-millimeter finish and the 16, 20 and 64
oz. sizes have been designed with a 43-millimeter opening for a
better pour. All of Ball's Heat-Tek(TM) bottles feature the
company's patented Vac-u-Flex(TM) vacuum panel technology.
"Vac-U-Flex(TM) enables us to produce bottles that can consistently
run efficiently on our customers' filling lines and reach the end
consumer with the highest possible quality," said Mike Vaughn, vice
president, technology, for Ball's plastic container operations. All
Heat-Tek(TM) bottles are available as a monolayer package and are
recyclable. Sizes 20 oz. and below are also available as
multi-layer bottles, using Ball's AMAZON HM(R) barrier technology
for extended shelf life. To find out more about Ball's Heat-Tek(TM)
line of hot-filled PET bottles, contact Benson at 303-460-5086.
Ball Corporation is a supplier of high-quality metal and plastic
packaging products and innovative packaging solutions to the
beverage and food industries. The company also owns Ball Aerospace
& Technologies Corp., which develops sensors, spacecraft,
systems and components for government and commercial markets. Ball
employs approximately 13,100 people worldwide and reported 2003
sales of $4.9 billion. Forward-Looking Statements The information
in this news release contains "forward-looking" statements and
other statements concerning future events and financial
performance. Words such as "expects," "anticipates," "estimates,"
and variations of such words and similar expressions are intended
to identify forward-looking statements. Forward-looking 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 the company's filings with the Securities and
Exchange Commission, especially in Exhibit 99.2 in the most recent
Form 10-K. These filings are available at the company's website and
at http://www.sec.gov/. Factors that might affect the packaging
segments of the company include fluctuation in consumer and
customer demand; competitive packaging material availability,
pricing and substitution; changes in climate and weather; fruit,
vegetable and fishing yields; industry productive capacity and
competitive activity; lack of productivity improvement or
production cost reductions; the German mandatory deposit or other
restrictive packaging laws; availability and cost of raw materials,
such as resin, steel and aluminum, and the ability to pass on to
customers changes in these costs; changes in major customer
contracts or the loss of a major customer; international business
risks, such as foreign exchange rates and tax rates; and the effect
of LIFO accounting on earnings. Factors that might affect the
aerospace segment include: funding, authorization and availability
of government contracts and the nature and continuation of those
contracts; and technical uncertainty associated with segment
contracts. Factors that could affect the company as a whole include
those listed plus: successful and unsuccessful acquisitions, joint
ventures or divestitures and associated integration activities;
regulatory action or laws including environmental and workplace
safety; goodwill impairment; antitrust and other litigation;
strikes; boycotts; increases in various employee benefits and labor
costs; rates of return projected and earned on assets of the
company's defined benefit retirement plans; reduced cash flow; and
interest rates affecting our debt. DATASOURCE: Ball Corporation
CONTACT: Investors, Ann 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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