Media Contact

Reporters and other media representatives seeking additional information about Crown Holdings should contact our public relations partner, Finn Partners, at CrownPress@finnpartners.com.

  • Wednesday, March 6, 2002

    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.

  • Monday, March 4, 2002

    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.

  • Thursday, February 14, 2002

    PHILADELPHIA, Feb. 14 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced today its results for the fourth quarter and year ended December 31, 2001. The Company reported a net loss of $7.74 per diluted share for the year ended December 31, 2001, including charges for an increase in the valuation allowance for net U.S. deferred tax assets, for pending asset divestitures, for restructuring actions and for an increase in the reserve for the Company's asbestos litigation. In 2000, the Company reported a net loss

  • Friday, February 8, 2002
             Company Sells Interests in Central, East & South Africa and
                      Closes Four U.S. and Three European Plants
    
    

    PHILADELPHIA, Feb. 8 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced a series of actions consistent with the Company's strategy of streamlining operations to improve efficiencies and financial performance.

    Divestiture of African Interests

  • Wednesday, January 30, 2002

    PHILADELPHIA, Jan. 30 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced that it has secured an agreement from its lenders to extend $225 million of its $400 million term loan, originally due February 4, 2002 to August 4, 2002.

    Alan W. Rutherford, Vice Chairman and Chief Financial Officer commented, "The Company is expecting improving fundamentals in the packaging sector in 2002 and the extension of a portion of the term loan will provide additional flexibility to finance the working capital requirements during the season."

  • Wednesday, January 23, 2002

    PHILADELPHIA, Jan. 23 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced that Raymond L. McGowan, Jr. has been named Vice President and Assistant to the President of the U.S. Food Can Division. He reports to Clinton J. Waring, President, Food Can Division.

  • Tuesday, January 22, 2002

    PHILADELPHIA, Jan. 22 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced that it has completed the sale of its fragrance pump manufacturing business located in Thomaston, Connecticut to Rexam PLC for approximately $107 million in cash subject to a net asset adjustment. Net proceeds from the transaction were used to reduce outstanding short-term indebtedness.

  • Tuesday, January 15, 2002

    PHILADELPHIA, Jan. 15 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) will release its earnings for the fourth quarter and year ended December 31, 2001 before trading begins on the New York Stock Exchange on Thursday, February 14, 2002. The Company will hold its customary conference call to discuss these results at 11 a.m. (EST) the same day.

  • Monday, December 17, 2001

    PHILADELPHIA, Dec. 17 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) announced today that Governor Schweiker of Pennsylvania signed into law a bill that limits the asbestos-related liabilities of Pennsylvania companies such as Crown that incurred those liabilities because they are successors by corporate merger to companies that had been involved with asbestos. The bill was passed overwhelmingly by both houses of the Pennsylvania General Assembly last week.

  • Thursday, December 13, 2001

    PHILADELPHIA, Dec. 13 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) announced today that Hugues du Rouret, 63, has been elected to the Company's Board of Directors. Mr. du Rouret is an international business consultant, and until last year he was Chairman and Managing Director of Shell France and a director of Shell Chemical Europe, both affiliates of the Royal Dutch Group. With this appointment, the Board now has 11 members.

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