1st Mar 2006 07:01
Rexam PLC01 March 2006 Rexam converts US capacity to non-standard beverage cans Rexam, the global consumer packaging company and the world's leading beveragecan maker, announces today that, to meet growing demand for innovative sizes, itwill convert four of its lines in the US to extend its capacity for special-sizebeverage cans such as the 16 oz, 24 oz and the new Rexam SLEEKTM cans.Continuous efficiency improvements enable lines to be converted without reducingoverall capacity for standard 12 oz cans, which remain a solid and importantmarket for Rexam. The conversions will be completed by the end of this year. Commenting on the conversion programme, Lars Emilson, Rexam's Chief Executive,said: "We have led the industry in special sizes in beverage cans and they nowaccount for about 10% of our output in the US. We see strong growth in this areaand the conversions will ensure that we are able to continue to meet ourcustomers' increasing demand for these types of can." 1 March 2006 EnquiriesLars Emilson, Chief Executive +44 20 7227 4100David Robbie, Finance DirectorAndrew Mills, Group Communications Director Financial Dynamics Richard Mountain +44 20 7269 7291 Rexam is a leading global consumer packaging company and the largest beveragecan maker in the world. Our vision is to be the leading global consumerpackaging company. We are business partners to many of the world's most famousand successful consumer brands as well as young, entrepreneurial start-ups. Weoffer a broad range of packaging services and solutions for differentindustries, using different materials and technologies. We have some 22,000people in more than 20 countries. Three things characterise us - leadership inour industry, our commitment to innovation and our passion to deliverexceptional value. Rexam has an ongoing turnover of approximately £3.2 billionand is a member of the FTSE 100. Rexam's ordinary shares are listed with the UKListing Authority and trade on the London Stock Exchange under the symbol REX.For further information, visit Rexam's web site at www.rexam.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
REX.L