Ball Receives Sustainable Packaging Leadership Awards for PET Wine Bottles
May 8, 2008
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.
SOURCE Ball Corporation
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