BROOMFIELD, Colo., July 15, 2021 /PRNewswire/ -- Ball
Corporation (NYSE: BLL), one of the world's leading manufacturers
of infinitely recyclable aluminium beverage packaging, is planning
to significantly increase its manufacturing capacity, with new
cutting-edge facilities in the UK and Russia.
With an increasing consumer call for more sustainable purchasing
options and a growing number of new brands and beverage categories
choosing cans, demand for aluminium packaging is rapidly expanding
around the world. Each facility would produce, from 2023, billions
of cans a year across a range of formats and sizes, and provide up
to 200 skilled jobs in a fast-growing but stable sector.
In the UK, Ball has identified a site at the SEGRO Park
Kettering Gateway, an established industrial development in
Northamptonshire. Ball has
submitted its formal application to North Northamptonshire Council
and anticipates breaking ground during 2021, following a period of
public consultation.
The planned Kettering plant
will represent Ball's third beverage can manufacturing facility in
the UK, adding capacity to its established plants in Milton Keynes and Wakefield. The plant will supply cans for
domestic customers in a growing range of categories, which now
includes hard seltzers, wines, ready to drink cocktails, together
with pure and enhanced water brands.
To serve the fast growing Russian market, especially in the beer
and energy drinks categories, Ball is planning to build a plant in
Ulyanovsk in Western Russia. Ball
Beverage Packaging Naro-Fominsk has signed a cooperation agreement
for its construction with the Ulyanovsk Regional Government, who in
June also awarded the development 'Highly Significant Investment
Project' status.
The Ulynavosk plant will take the total in Russia to four, with established manufacturing
facilities in Naro-Fominsk, Moscow Region; Vesvolozhsk, St.
Petersburg Region; and Argayash, Chelyabinsk Region.
Aluminium drinks cans are the world's most widely recycled
beverage packaging with an 82% recycling rate in the UK and 76%
across Europe1.
Carey Causey, President,
Ball Beverage Packaging EMEA said: "With the demand for
our infinitely recyclable aluminium packaging growing fast in an
expanding number of categories, we are acting now to support our
customers in the UK and Russia.
The pandemic and changing consumption patterns mean that consumers
are enjoying more of their favourite beverages at home and
on-the-go and want to buy products in packages that they know will
be recycled and can contribute to a truly circular
economy."
Rudi Leenards, General Director, Ball Beverage Packaging
Naro-Fominsk said: "We are firmly committed to the
Russian market and are pleased to support so many of our domestic
customers enjoying unprecedented demand. With sustainability
a key concern for the next generation of consumers, we anticipate
infinitely recyclable aluminium packages to play a growing role in
the development of a truly circular economy that will be embraced
in Russia and beyond."
NOTES TO EDITORS
About Ball Corporation
Ball Corporation supplies
innovative, sustainable aluminum packaging solutions for beverage,
personal care and household products customers, as well as
aerospace and other technologies and services primarily for the
U.S. government. Ball Corporation and its subsidiaries employ
21,500 people worldwide and reported 2020 net sales of $11.8
billion. For more information, visit www.ball.com, or connect
with us on Facebook or Twitter.
Forward-Looking Statements
This release contains "forward-looking" statements concerning
future events and financial performance. Words such as "expects,"
"anticipates," "estimates," "believes," and similar expressions
typically identify forward-looking statements, which are generally
any statements other than statements of historical fact. Such
statements are based on current expectations or views of the future
and are subject to risks and uncertainties, which could cause
actual results or events to differ materially from those expressed
or implied. You should therefore not place undue reliance upon any
forward-looking statements and any such statements should be read
in conjunction with, and qualified in their entirety by, the
cautionary statements referenced below. 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 factors, risks and uncertainties that could cause
actual outcomes and results to be different are summarized in
filings with the Securities and Exchange Commission, including
Exhibit 99 in our Form 10-K, which are available on our website and
at www.sec.gov. Additional factors that might affect: a) our
packaging segments include product capacity, supply, and demand
constraints and fluctuations and changes in consumption patterns;
availability/cost of raw materials, equipment, and logistics;
competitive packaging, pricing and substitution; changes in climate
and weather; footprint adjustments and other manufacturing changes,
including the startup of new facilities and lines; failure to
achieve synergies, productivity improvements or cost reductions;
unfavorable mandatory deposit or packaging laws; customer and
supplier consolidation; power and supply chain interruptions;
changes in major customer or supplier contracts or loss of a major
customer or supplier; political instability and sanctions; currency
controls; changes in foreign exchange or tax rates; and tariffs,
trade actions, or other governmental actions, including business
restrictions and shelter-in-place orders in any country or
jurisdiction affecting goods produced by us or in our supply chain,
including imported raw materials; b) our aerospace segment include
funding, authorization, availability and returns of government and
commercial contracts; and delays, extensions and technical
uncertainties affecting segment contracts; c) the Company as a
whole include those listed above plus: the extent to which
sustainability-related opportunities arise and can be capitalized
upon; changes in senior management, succession, and the ability to
attract and retain skilled labor; regulatory action or issues
including tax, environmental, health and workplace safety,
including U.S. FDA and other actions or public concerns affecting
products filled in our containers, or chemicals or substances used
in raw materials or in the manufacturing process; technological
developments and innovations; the ability to manage cyber threats;
litigation; strikes; disease; pandemic; labor cost changes; rates
of return on assets of the Company's defined benefit retirement
plans; pension changes; uncertainties surrounding geopolitical
events and governmental policies both in the U.S. and in other
countries, including policies, orders, and actions related to
COVID-19; reduced cash flow; interest rates affecting our debt; and
successful or unsuccessful joint ventures, acquisitions and
divestitures, and their effects on our operating results and
business generally.
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SOURCE Ball Corporation