1st Jun 2006 09:30
Rexam PLC01 June 2006 Rexam strengthens Red Bull relationship with new wall-to-wall beverage canfacility Rexam, the global consumer packaging company and the world's leading beveragecan maker, confirms that it is planning to build a new wall-to-wall can makingplant close to Red Bull's contract filling partner Rauch's facility in Nuziders,Austria. It represents an investment of some £45m over 2006 and 2007. The plant is expected to come on stream at the end of 2007 and will be usedsolely to meet the anticipated growth of Red Bull, the world's No 1 EnergyDrink. Commenting on the project, Lars Emilson, Rexam's Chief Executive, said: "Beverage can making capacity in Europe is very tight and we have seen itstretched to its limits recently. We believe that this situation is likely tocontinue, given the good growth prospects. We have had a long and closerelationship with Red Bull. We recently announced the extension of ourexclusive contract with them and this wall-to-wall plant is a naturaldevelopment of that relationship." 1 June 2006 EnquiriesLars Emilson, Chief Executive +44 20 7227 4100David Robbie, Group Finance DirectorAndrew Mills, Group Communications Director Financial DynamicsRichard 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 23,000people 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:
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