Constar Grants Oxbar(R) License to Amcor Australia
28 Août 2006 - 4:56PM
Business Wire
Constar International Inc. (NASDAQ:CNST) has entered into an
Oxbar(R) patent license agreement with Amcor (Packaging) Australia
Pty Ltd. under which Amcor will be able to supply its Australia and
New Zealand customers with PET (polyethylene terephthalate) bottles
having enhanced oxygen-scavenger protection for excellent retention
of product quality. The initial application will be for packaging
wine. The Oxbar(R) patents are licensed to leading converters and
brandowners worldwide. Bottles made under licenses to the Oxbar(R)
patents protect oxygen-sensitive products including wine, beer,
fruit-based beverages and foods in PET containers. Flavor, color,
and vitamin retention are among the benefits. Headquartered in
Melbourne, Australia, Amcor has 217 manufacturing sites in 34
countries and derives about 80 percent of its earnings from outside
Australia. In Australia, Amcor offers a wide range of packaging and
packaging-related services, including PET plastic bottles and jars,
corrugated boxes, cartons, aluminum and steel cans, flexible
plastic packaging, closures, and multi-wall sacks. The company has
substantial packaging businesses in five geographic areas -
Australia, North America, Latin America, Europe and Asia.
Philadelphia-based Constar International Inc. is a leading global
producer of PET (polyethylene terephthalate) plastic containers for
food, soft drinks and water. The company provides full service
packaging solutions, from product design and engineering to ongoing
customer support. Its customers include many of the world's largest
consumer product companies.
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