WESTMINSTER, Colo., April 25,
2022 /PRNewswire/ -- Today Ball
Corporation (NYSE: BLL) announced that the Ball Aluminum
Cup™ was named a Gold winner by the 2022 Edison Awards in the
field of Consumer Solutions: Sustainability. Established in 1987,
the prestigious Edison Awards honor and foster innovation and
innovators that have a positive impact on the world.
Receiving an Edison Award has become one of the highest
accolades denoting innovative success. The Ball Aluminum Cup
was selected as a winner by expert reviewers from around the world
who assessed more than 350 nominations.
Infinitely recyclable and economically valuable, aluminum is the
most sustainable beverage packaging material, and like aluminum
cans, aluminum cups can be easily recycled. In fact, 75 percent of
the aluminum ever produced is still in use today and aluminum cans,
cups and bottles can be recycled and back on a store shelf within
60 days. Additionally, the Ball Aluminum Cup is now composed of 90%
recycled content, the highest recycled content rate of any beverage
packaging in its category.
"We're thrilled that the infinitely recyclable Ball Aluminum Cup
has been recognized by the Edison Awards as a sustainable consumer
solution," said Dan Fisher,
President and CEO-elect of Ball. "This recognition affirms the
Ball Aluminum Cup's position as both a leader in its category and a
simple way for consumers to live more sustainably. It's our mission
to use our aluminum beverage packaging expertise to provide
customers and consumers with the sustainable solutions they need to
do right by the planet, and we're excited to continue delivering on
that promise."
"We are incredibly proud of the impact the Edison Awards winners
continue to make in the global marketplace," said Frank Bonafilia, Executive Director of Edison
Awards. "It shows that no matter what the circumstances, great
minds are always striving to create new innovations to better the
world. The 2022 Edison Awards winners are the best of the best.
Congratulations to the innovation teams behind all these amazing
products and services."
Ball, a leading global provider of infinitely recyclable
aluminum beverage packaging, designed the lightweight aluminum
cups, now available in multiple sizes, to bring beverage packaging
circularity to sports and entertainment venues in response to
growing consumer preference for more sustainable products. The cups
are currently available for purchase on Amazon and from major
retailers, and they are also helping drive sustainability at major
sports & entertainment venues across the U.S., including Ball
Arena, SoFi Stadium, Climate Pledge Arena, Mercedes Benz Stadium,
Allegiant Stadium, Raymond James Stadium and Hard Rock Stadium.
For more information about the Ball Aluminum Cup, visit
https://www.ball.com/aluminumcups.
About Ball
Corporation
Ball Corporation supplies innovative, sustainable aluminum
packaging solutions for beverage, personal care and household
products for customers, as well as aerospace and other technologies
and services primarily for the U.S. government. Ball Corporation
and its subsidiaries employ 24,300 people worldwide and reported
2021 net sales of $13.8 billion. For
more information, visit www.ball.com, or connect with us on
Facebook or Twitter.
Forward-Looking
Statements
This report 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 they 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;
inability to pas s through increased costs; war, political
instability and sanctions, including relating to the situation in
Russia and Ukraine and its impact on our supply chain and
our ability to operate in Russia
and the EMEA region generally; 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 actions or issues
including those related to tax, ESG reporting, competition,
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; inflation; rates of
return on assets of the Company's defined benefit retirement plans;
pension changes; uncertainties surrounding geopolitical events and
governmental policies, 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, including the announced sale of our
Russian business, and their effects on our operating results and
business generally.
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SOURCE Ball Corporation