![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, April 17, 2012 2:32:51 PM
Ball (NYSE:BLL)
Today : Tuesday 17 April 2012
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.
(Photo: http://photos.prnewswire.com/prnh/20120417/LA88413)
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.
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 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
Recent BALL News
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 09:03:29 PM
- Board Declares Quarterly Dividend • PR Newswire (US) • 07/24/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/17/2024 10:41:36 PM
- Ball to Announce Second Quarter Earnings on August 1, 2024 • PR Newswire (US) • 06/27/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 11:13:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 11:12:19 PM
- Listen Live to Ball Corporation Management Briefing at 2024 Investor Day • PR Newswire (US) • 06/11/2024 08:15:00 PM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/07/2024 07:14:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 11:36:49 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 11:35:02 PM
- Ball Corporation Board Appoints Aaron Erter as Director • PR Newswire (US) • 06/03/2024 08:46:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 11:16:15 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/17/2024 08:06:21 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/17/2024 02:13:35 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/07/2024 05:10:42 PM
- U.S. Futures Climb in Pre-Market Trading Amid Tech Gains and Upcoming Inflation Data • IH Market News • 04/26/2024 11:47:25 AM
- Ball Reports First Quarter 2024 Results • PR Newswire (US) • 04/26/2024 10:00:00 AM
- Board Declares Quarterly Dividend; Increases Share Repurchase Authorization and Elects New Officer • PR Newswire (US) • 04/24/2024 08:57:00 PM
- Ball to Announce First Quarter Earnings on April 26, 2024 • PR Newswire (US) • 03/26/2024 09:30:00 PM
- Ball Corporation Releases 2023 Combined Annual Financial and Sustainability Report • PR Newswire (US) • 03/21/2024 04:19:00 PM
- Ball Corporation Announces Expiration and Final Results of Cash Tender Offers for Certain Outstanding Debt Securities • PR Newswire (US) • 03/14/2024 10:51:00 PM
- The Ball Aluminum Cup® Announces Installation of a Cycle Reverse Vending Machine (RVM) at Copper Mountain Resort • PR Newswire (US) • 03/14/2024 02:48:00 PM
- Ball Corporation Announces Early Results of Cash Tender Offers for Certain Outstanding Debt Securities • PR Newswire (US) • 02/29/2024 12:11:00 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM