Consolidated Container Company to Acquire PolyCycle Solutions Assets from DS Services

ATLANTA–(BUSINESS WIRE)–Consolidated Container Company is excited to announce that it has
acquired the assets of PolyCycle Solutions from DS Services. PolyCycle
Solutions manufactures large format water containers in various sizes
and materials ranging from two to five gallons.

Mark Shafer, Senior Vice President and General Manager of CCC’s Beverage
Group stated, “This acquisition strengthens our large format water
production capabilities, so that we can better provide our customers
with innovative solutions, an expanded PET product offering, and a more
seamless customer experience.”

About Consolidated Container Company

CCC, a non-publicly traded subsidiary of Loews Corporation (NYSE: L), is
a leading developer and manufacturer of rigid plastic packaging
solutions in North America. CCC specializes in customized mid- and
short-run packaging solutions, serving a diverse customer base in the
dairy, household chemicals, food/nutraceuticals, industrial/specialty
chemicals, water, and beverage/juice segments. CCC also operates a
leading post-consumer resin business, Envision Plastics. With 57 rigid
plastic packaging manufacturing facilities, two recycled resins
manufacturing facilities, and 2,300 employees, CCC has an integrated,
nationwide network that consistently delivers reliable and
cost-effective packaging and recycled resin solutions to meet the needs
of a wide range of customers. From its state-of-the art Studio PKG™, to
the recycling technologies of Envision Plastics, to its experienced
manufacturing teams across its network, CCC delivers high performance,
cost-effective solutions to meet even the most challenging applications.

Contacts

Consolidated Container Company
Richard Sehring, 678-742-4600
Chief
Financial Officer
[email protected]