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PHILADELPHIA, March 28 /PRNewswire-FirstCall/ -- ÒÁÈËÖ±²¥ Cork & Seal Company, Inc. (NYSE: CCK) today completed the previously announced sale of its pharmaceutical packaging business to a company backed by HSBC Private Equity Limited. Net proceeds will be used to reduce outstanding short-term indebtedness. With facilities in Offranville, France and Neuenburg, Germany, the business is a leading supplier to the world's...

PHILADELPHIA, March 20 /PRNewswire-FirstCall/ -- ÒÁÈËÖ±²¥ Cork & Seal Company, Inc. (NYSE: CCK) today announced that William J. Freeman will join the Company in the newly created position of Vice President - Strategic Marketing and Planning. He will report directly to John W. Conway, the Company's Chairman and Chief Executive Officer. In this new position, Mr. Freeman will be responsible...

PHILADELPHIA, March 6 /PRNewswire-FirstCall/ -- Constar, Inc., the plastic packaging division of ÒÁÈËÖ±²¥ 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 ÒÁÈËÖ±²¥'s patented Oxbar(TM) oxygen scavenging technology, extending shelf...

PHILADELPHIA, March 4 /PRNewswire-FirstCall/ -- ÒÁÈËÖ±²¥ 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...