Ball Corp. Commits to Reducing its "Environmental Footprint"
Broomfield, Colo., July 1, 2008 - The Business Review (Albany) - Ball Corp. issued its sustainability report today that calls for more environmentally friendly packaging.
Ball, based in Broomfield, Colo., said in the 42-page report, titled "Toward a Sustainable Future," that the company will "reduce our environmental footprint."
Ball (NYSE: BLL) is a supplier of metal and plastic packaging for beverage, food and household products.
The company said it plans to advance packaging by making changes in the products it makes and theprocesses it uses.
Ball also committed to improving the performance of its manufacturing operations to decrease its energy usage and greenhouse gas emissions.
Ball has 220 employees at its Saratoga Springs plant.
In the sustainability report, Ball said it planned to step up its recycling efforts.
"We are not satisfied with the recycling rates of containers worldwide, which is why we support efforts to increase collection and why we champion recycling within our industries," the report said.
The report said Ball will use less materials and more recycled source materials in its packages. The company also plans to convert to a new, lighter-weight beverage can lid in North America by 2009; use 25 percent recycled polyethylene thermoplastic in its plastic pails and improve post-consumer collection and recycling of its packaging "by working with our supply chain, communities and waste management systems."
Since 1969, Ball has reduced the amount of aluminum needed to make its cans. In 1969, it took 48.4 pounds of aluminum to make 1,000 cans. In 2006, it took 29.4 pounds of aluminum to make 1,000 cans.
John Hayes, Ball's executive vice president and chief operating officer, said the company will have to collaborate with others to reach its goals.
Ball reported earnings of $83.8 million, or 85 cents a share, on sales of $1.74 billion in the first quarter ended April 1.