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PHILADELPHIA, Dec. 13 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced an agreement to sell its fragrance pump manufacturing business located in Thomaston, Connecticut to Rexam PLC for approximately $107 million subject to a net asset adjustment. Net proceeds from the transaction will be used to reduce outstanding short-term indebtedness. The Company expects to...

PHILADELPHIA, Dec. 7 /PRNewswire/ -- Constar, Inc., the plastic packaging division of ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) and Carolina Beer Company (Mooresville, NC) today announced the launch of "Tall Blonde," a lightweight, shatterproof plastic beer bottle for "Carolina Blonde" beer. The 16-ounce polyethylene terepthalate (PET) bottle uses multi-layer construction incorporating ³Ô¹Ï51±¬ÁÏÍø's patented Oxbar(TM) oxygen scavenger...

PHILADELPHIA, Nov. 20 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced that the Company intends to delist its shares from the Paris Stock Exchange (Bourse) due to consistently low trading volumes. This action will be effective on December 27, 2001. ³Ô¹Ï51±¬ÁÏÍø has retained Societe Generale as its agent in the delisting process. Shareholders with...

PHILADELPHIA, Oct. 18 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced its results for the third quarter and nine months ended September 30, 2001. On a continuing operations basis, the Company reported a net loss of $0.10 per diluted share for the third quarter compared to net income of $0.35 per diluted share in...

PHILADELPHIA, Oct. 15 /PRNewswire/ -- Constar Inc., a subsidiary of ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced the launch of a resealable pasteurizable PET bottle capable of withstanding the rigorous tunnel pasteurization processes that are used to produce the majority of all packaged beer globally. The pasteurizable PET bottle has completed successful line trials with...

PHILADELPHIA, Oct. 1 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) will release its earnings for the third quarter ended September 30, 2001 before trading begins on the New York Stock Exchange on Thursday, October 18, 2001. The Company will hold its customary conference call to discuss these results at 11 a.m. (EDT) the same day...

PHILADELPHIA, Aug. 14 /PRNewswire/ -- Constar Inc., a subsidiary of ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) and AriZona Beverages, maker of Arizona Ice Teas, today announced an agreement to develop a dramatic new 42 ounce plastic (PET) bottle in the signature Arizona long neck shape. The long neck PET bottle is an industry first for a...

PHILADELPHIA, Aug. 7 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) In response to increasing market demand in Spain and Portugal, ³Ô¹Ï51±¬ÁÏÍø Cork & Seal today announced it will install a two piece beverage can line in Seville, Spain. The beverage can market in the Iberian Peninsula has been one of the fastest growing regions in...

PHILADELPHIA, July 26 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) announced today that Hans J. Loliger, 58, Vice Chairman of Winter Group, Basel, Switzerland, a leading supplier of covering materials to the luxury packaging industry, has been elected to the Company's Board of Directors. The Board now has 10 members. Until the end of 2000...

PHILADELPHIA, July 18 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced its results for the second quarter and six months ended June 30, 2001. The Company reported net income from continuing operations of $0.05 per diluted share. Net sales in the second quarter were $1.9 billion, 2.9% less than the same period last year...

PHILADELPHIA, July 9 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) will release its earnings for the second quarter ended June 30, 2001 before trading begins on the New York Stock Exchange on Thursday, July 19, 2001. The Company will hold its customary conference call to discuss these results at 11 a.m. (ET) the same day...

PHILADELPHIA, June 19 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) is pleased to announce that effective June 17, 2001, it reached a new three-year labor agreement with the Glass, Molders, Pottery, Plastics & Allied Workers International Union for its facility in Connellsville, PA. The Union is comprised of two local unions, representing approximately 267 production...

SuperEnd(TM) and Self-Heating Can Bring Home the Gold PHILADELPHIA, May 8 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced that it has won six new industry awards for metal packaging innovations at the CanMaker Summit's Can-of-the- Year Awards. In recognition of its continued technical leadership, the Company received three times more awards than any...

PHILADELPHIA, May 1 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) announced today that Frank J. Mechura, 58, has been promoted to Executive Vice President of the Company as well as President of its Americas Division, effective immediately. He succeeds, and will report to, John W. Conway, the Company's Chairman and Chief Executive Officer. Mr. Mechura...

PHILADELPHIA, April 18 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced its results for the first quarter ended March 31, 2001. On a continuing operations basis and before the cumulative effect of accounting changes, the Company reported a net loss of $0.37 per diluted share compared to net income of $0.17 per diluted share...

PHILADELPHIA, April 9 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) will release its earnings for the first quarter ended March 31, 2001 before trading begins on the New York Stock Exchange on Thursday, April 19, 2001. The Company will hold its customary conference call to discuss these results at 11 a.m. (ET) the same day...

PHILADELPHIA, March 13 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork and Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced the introduction of the next generation of easy-open steel food can ends. The new tops, called Eole III, will be commercially available in the third quarter of 2001. Building upon its history of innovation and the growing consumer trend toward convenience involvement products...

PHILADELPHIA, March 12 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) announced today the successful completion of its Amended and Restated Credit Agreement, which also provides $400 million in additional financing. The Company's existing lenders, led by JPMorgan, as arranger, agreed to extend the maturity date of the Company's $2.5 billion multi-currency revolving credit facility...

PHILADELPHIA, Feb. 27 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) today announced a major capacity realignment at its Weston, Ontario plant. ³Ô¹Ï51±¬ÁÏÍø will convert two of its existing four aluminum beverage can lines to manufacture two-piece steel food cans and substantially reduce the plant's beverage capacity. The Weston plant is one of the Company's...

PHILADELPHIA, Feb. 26 /PRNewswire/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK): announced today that John W. Conway, 55, has been elected Chairman of the Company's Board of Directors, effective immediately. He succeeds William J. Avery, a long time Chairman of the Company who retired. This action is consistent with the Company's stated leadership succession plan...