Crown Cork & Seal Completes Sale of African Interests

Publish Date
Wednesday, July 31, 2002
PHILADELPHIA, July 31 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced that it has completed the sale of its Central and East African packaging interests to Nampak Ltd. The Company's operations in Zambia have been excluded from the current transaction pending anti-trust clearance being obtained. The Company received gross proceeds of US$23.5 million. Net proceeds were...

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PHILADELPHIA, July 26 /PRNewswire-FirstCall/ -- Zeller Plastik, the plastic closures division of Crown Cork & Seal Company, Inc. (NYSE: CCK), today announced the development of its new Super Soft Orienting closure, one of the first push-on tube closures engineered to increase productivity. Manufacturers can significantly reduce capping time and maximize output with this innovative push-on technology. The Super Soft Orienting...

Read the full article: Crown Cork & Seal's Super Soft Orienting Tube Closure Pushes on to Reduce Capping Time and Enhance Productivity

Crown Cork & Seal Announces Second Quarter 2002 Results

Publish Date
Monday, July 15, 2002
PHILADELPHIA, July 15 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced its results for the second quarter and six months ended June 30, 2002. Second quarter net income from continuing operations improved to $0.32 per diluted share over the $0.05 per diluted share in the second quarter of 2001. On an as-reported basis, second quarter net...

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PHILADELPHIA, July 1 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) will release its earnings for the second quarter ended June 30, 2002 before trading begins on the New York Stock Exchange on Tuesday, July 16, 2002. The Company will hold its customary conference call to discuss these results at 11 a.m. (EDT) the same day. The dial-in...

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PHILADELPHIA, June 25 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced that manufacturers of personal care products can now significantly reduce water penetration, decrease product waste, and protect brand integrity with the new Watertight Tube closure, designed by Zeller Plastik, the plastic closures division of Crown Cork & Seal. The enhanced 2" closure increases water resistance...

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PHILADELPHIA, June 17 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced that North American food processors will benefit from the improved easy-open features of Crown Cork & Seal's Eole III(TM) technology, now being produced at the Company's Massillon, Ohio facility. Production of the ends represents the first 307-diameter double reduced (DR) full panel easy-open end line...

Read the full article: Crown Cork & Seal Begins Production of Eole III(TM) at Massillon Facility; High Performance Easy-Open Ends Reduce Peel Force by 25%

PHILADELPHIA, June 12 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced today that the Philadelphia Court of Common Pleas has ruled favorably on Crown's motion for summary judgment dismissing 376 pending asbestos cases against Crown in Philadelphia based on recent changes to Pennsylvania corporate successor liability law. "Crown is simply in the bottle cap and can business,"...

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PHILADELPHIA, May 23 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced today that its wholly owned subsidiary, Constar International Inc., has filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering. The registration statement relates to shares of common stock, all of which will be offered and sold by Crown...

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PHILADELPHIA, May 13 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced today that it has been awarded two Steel Packaging Effectiveness Awards 2002 by APEAL (The Association of European Producers of Steel for Packaging) for its Self-Heating Can and its shaping technology as demonstrated by the Teisseire container. Awards were given out during the evening gala of...

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PHILADELPHIA, May 13 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced today that it has been awarded a prestigious WorldStar Award in the Food/Retail Category for its Eole III(TM) high performance easy open end. Sponsored by the World Packaging Organization, WorldStar winners were formally recognized at a ceremony in Dusseldorf, Germany during Interpack, April 24 - 30...

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PHILADELPHIA, May 13 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced today a new line of closures for the health & beauty, personal care, and beverage industries. Manufacturers can enhance package aesthetics, improve dispensing, and generate sales with the Orion(TM), Nomad(TM), and a full line of dispensing closures from Zeller Plastik Europe, Crown's plastic closures division. These...

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138% Space Increase to Expand Warehousing and Production PHILADELPHIA, May 8 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced the groundbreaking of a 112,000-square-foot expansion to Zeller Plastik, its plastic closures division, in Libertyville, IL. Scheduled to open in February 2003, the new $6.8 million facility will provide customers with a highly efficient resource for sales...

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PHILADELPHIA, May 3 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced that it has completed the sale of the metal closure assets of its Danish subsidiary, Crown Cork Company Scandinavia A/S, located in Taastrup, Denmark to Pelliconi Scandinavia A/S. Crown Cork Company Scandinavia A/S manufactures, sells and distributes metal closures (crowns) for glass bottles to the...

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Crown Cork & Seal's Ideal(TM) Closure Is Easier to Open

Publish Date
Monday, April 22, 2002
PHILADELPHIA, April 22 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced breakthrough closure technology that combines the characteristics of metal and plastic to offer increased barrier performance, accommodate easier opening and support multiple filling processes. The new Ideal(TM) Closure is a unique hybrid of a metal disk, containing the elements that hold the barrier properties, and...

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Crown Cork & Seal Reports First Quarter 2002 Results

Publish Date
Thursday, April 18, 2002
PHILADELPHIA, April 18 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced its results for the first quarter ended March 31, 2002. On a continuing operations basis and before the cumulative effect of an accounting change in the prior year period, the Company reported a net loss of $0.10 per diluted share compared to a net loss...

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PHILADELPHIA, April 2 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) will release its earnings for the first quarter ended March 31, 2002 before trading begins on the New York Stock Exchange on Thursday, April 18, 2002. The Company will hold its customary conference call to discuss these results at 11 a.m. (EDT) the same day. The dial-in...

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PHILADELPHIA, March 28 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today completed the previously announced sale of its pharmaceutical packaging business to a company backed by HSBC Private Equity Limited. Net proceeds will be used to reduce outstanding short-term indebtedness. With facilities in Offranville, France and Neuenburg, Germany, the business is a leading supplier to the world's...

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PHILADELPHIA, March 20 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced that William J. Freeman will join the Company in the newly created position of Vice President - Strategic Marketing and Planning. He will report directly to John W. Conway, the Company's Chairman and Chief Executive Officer. In this new position, Mr. Freeman will be responsible...

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PHILADELPHIA, March 6 /PRNewswire-FirstCall/ -- Constar, Inc., the plastic packaging division of Crown Cork & Seal Company, Inc. (NYSE: CCK) announced the development of a new multi-layer polyethylene terephthalate (PET) bottle for hot-fill juice products. Designed for Alfresh Beverages Canada (Toronto), the country's leading single-serve fruit juice company, the 16-ounce bottle incorporates Crown's patented Oxbar(TM) oxygen scavenging technology, extending shelf...

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PHILADELPHIA, March 4 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced its intention to sell its pharmaceutical packaging business to a company backed by HSBC Private Equity Limited. The contemplated transaction is, among other things, subject to consultation with the relevant workers' representatives, regulatory approval and execution of a definitive agreement. With two manufacturing facilities in...

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