Crown Cork & Seal Elects Outside Board Member

Publish Date
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...

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PHILADELPHIA, Dec. 13 /PRNewswire/ -- Crown 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...

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PHILADELPHIA, Dec. 7 /PRNewswire/ -- Constar, Inc., the plastic packaging division of Crown 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 Crown's patented Oxbar(TM) oxygen scavenger...

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Crown Cork & Seal to Delist From the Paris Stock Exchange

Publish Date
Tuesday, November 20, 2001
PHILADELPHIA, Nov. 20 /PRNewswire/ -- Crown 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. Crown has retained Societe Generale as its agent in the delisting process. Shareholders with...

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Crown Cork & Seal Announces Third Quarter 2001 Results

Publish Date
Thursday, October 18, 2001
PHILADELPHIA, Oct. 18 /PRNewswire/ -- Crown 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...

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PHILADELPHIA, Oct. 15 /PRNewswire/ -- Constar Inc., a subsidiary of Crown 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...

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PHILADELPHIA, Oct. 1 /PRNewswire/ -- Crown 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...

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PHILADELPHIA, Aug. 14 /PRNewswire/ -- Constar Inc., a subsidiary of Crown 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...

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PHILADELPHIA, Aug. 7 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) In response to increasing market demand in Spain and Portugal, Crown 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...

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Crown Cork & Seal Elects a New Board Member

Publish Date
Thursday, July 26, 2001
PHILADELPHIA, July 26 /PRNewswire/ -- Crown 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...

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Crown Cork & Seal Announces Second Quarter 2001 Results

Publish Date
Wednesday, July 18, 2001
PHILADELPHIA, July 18 /PRNewswire/ -- Crown 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...

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PHILADELPHIA, July 9 /PRNewswire/ -- Crown 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...

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PHILADELPHIA, June 19 /PRNewswire/ -- Crown 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...

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Crown Cork & Seal Wins Can-of-the-Year Awards

Publish Date
Tuesday, May 8, 2001
SuperEnd(TM) and Self-Heating Can Bring Home the Gold PHILADELPHIA, May 8 /PRNewswire/ -- Crown 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...

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PHILADELPHIA, May 1 /PRNewswire/ -- Crown 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...

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Crown Cork & Seal Reports First Quarter 2001 Results

Publish Date
Wednesday, April 18, 2001
PHILADELPHIA, April 18 /PRNewswire/ -- Crown 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...

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PHILADELPHIA, April 9 /PRNewswire/ -- Crown 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...

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PHILADELPHIA, March 13 /PRNewswire/ -- Crown 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...

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PHILADELPHIA, March 12 /PRNewswire/ -- Crown 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...

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Crown Cork & Seal Major Capacity Change At Facility

Publish Date
Tuesday, February 27, 2001
PHILADELPHIA, Feb. 27 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) today announced a major capacity realignment at its Weston, Ontario plant. Crown 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...

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