Ball completes acquisition of Tubex aluminum spray containers in Brazil

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BROOMFIELD, Colorado, August 31, 2020 / PRNewswire / – Ball Corporation (NYSE: BLL) completed the acquisition of Tubex Industry E Commerce from Embalagens Ltda., an impact-based extruded aluminum aerosol packaging company that includes a production plant in Itupeva, which is near Sao Paolo, Brazil.

The business, now a component of Ball’s aluminum aerosol packaging division, complements Ball’s global aluminum aerosol and slug business in the Americas, Europe and India.La Itupeva plant includes 8 lines of extruded aluminum aerosol cans and produces care packaging for global and local consumers in Brazil..

At Ball Corporation, Ball Corporation provides state-of-the-art, sustainable packaging solutions to consumers of beverages, non-public care products, and family products, as well as aerospace and other technologies, and primarily for the U.S. government.Hus Ball Corporation and its subsidiaries employ more than 18,300 others.International and net sales in 2019 were $11.5 billion.For more information, visit www.ball.com or join us on Facebook or Twitter.

Forward-Looking Statements This press release comprises “forward-looking” statements regarding long-term occasions and monetary performance. Words such as “expects”, “anticipates”, “estimates”, “believes”, “objectives”, “likely”, “positions” and similar expressions sometimes identify forward-looking statements, which are sometimes statements other than statements. old statements. done. These statements are based on existing expectations or reviews over the long term and are subject to dangers and uncertainties, which may also cause actual effects or occasions that differ materially from those expressed or implied. Therefore, you do not place undue reliance on forward-looking statements and such statements will be read in conjunction with the cautionary statements discussed below and qualified in their entirety. The company assumes no legal responsibility to publicly update or revise forward-looking statements, whether as a result of new information, long-term occasions or otherwise. The main points, dangers and uncertainties that can also cause the actual effects to differ from the effects are summarized in the documents filed with the Securities and Exchange Commission, adding Exhibit 99 to our Form 10-K, available on our website. Web and at www.sec.gov. Additional points that could possibly affect: a) our packaging segments come with restrictions and fluctuations in product capacity, supply and demand, adding to virus and disease outbreaks and responses to them; raw tissue availability / charge and logistics; competitive packaging, price and replacement; climate and climatic changes; footprint changes and other production changes, adding the start-up of new amenities and lines; the ability to achieve synergies, productivity innovations or reduction of charges; mandatory deposit or other restrictive packaging laws; consolidation of consumers and suppliers; supply chain and force disruptions; delays and possible fees relevant to the UK’s departure from the EU; changes in consumer or primary supplier contracts or loss of a primary supplier or visitor; political skills and sanctions; currency controls; changes in exchange rates or tax rates; and tariffs, industry or other government movements, adding industry restrictions and refugee orders in position in any country or jurisdiction that affect goods produced through us or in our chain of origin, adding uncooked imported fabrics, such as similar COVID-19 and those under Section 232 of the Trade Expansion Act of 1962 or Section 301 of the Trade Act of 1974; b) our aerospace industry has financing, authorization, availability and retrogression of government and advertising contracts; and technical delays, extensions and uncertainties that affect contracts in the sector; c) society as a whole comes with the most indexed: the extent to which opportunities similar to sustainable progression are maintained and can be capitalized; changes in top management, good fortune, and the ability to retain and retain a professional workforce; regulatory measures or issues, adding tax, environment, fitness and occupational safety, adding the US FDA and other public movements or considerations that affect the products filled in our containers, or the chemicals or ingredients used in raw fabrics or in the production process; technological progressions and innovations; the ability to manage cyber threats and the good fortune of data generation initiatives; litigation; strikes; disease; pandemic; changes in charges for hard work; the rates of return on the assets of the company explained obtaining advantages from the pension plans; pension changes; uncertainties surrounding geopolitical occasions and government policies in the United States and other countries, adding COVID-19 policies, ordinances and movements, United States government elections, stimulus packages, the BudgetArray hijacking and the debt ceiling; reduced money flow; interest rates that affect our debt; and joint ventures, acquisitions and divestitures, successful and unfortunate, and their effects on our effects of operations and our business in general.

 

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