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PHILADELPHIA, March 6 /PRNewswire-FirstCall/ -- Constar, Inc., the plastic packaging division of ºÚÁÏÊÓƵ Cork & Seal Company, Inc. (NYSE: CCK) announced the development of a new multi-layer polyethylene terephthalate (PET) bottle for hot-fill juice products. Designed for Alfresh Beverages Canada (Toronto), the country's leading single-serve fruit juice company, the 16-ounce bottle incorporates ºÚÁÏÊÓƵ's patented Oxbar(TM) oxygen scavenging technology, extending shelf...

PHILADELPHIA, March 4 /PRNewswire-FirstCall/ -- ºÚÁÏÊÓƵ 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. With two manufacturing facilities in...

PHILADELPHIA, Feb. 14 /PRNewswire-FirstCall/ -- ºÚÁÏÊÓƵ 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...

Company Sells Interests in Central, East & South Africa and Closes Four U.S. and Three European Plants PHILADELPHIA, Feb. 8 /PRNewswire-FirstCall/ -- ºÚÁÏÊÓƵ 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 The Company has reached an agreement...