AMSTERDAM, Oct. 20, 2015 /PRNewswire/ -- Constellium N. V. (NYSE and Euronext: CSTM) launches Aeral™, a new aluminium solution designed for the production of aerosol containers using the Drawn and Ironed (D&I) technology which is currently used to produce beverage cans. Constellium's Aeral™ allows a minimum of 30% weight savings compared to traditional impact extruded containers, all while maintaining the same level of performance in terms of resistance to pressure and great ductility.
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"Aeral™ is a new aluminium solution which, combined with the D&I technology, we expect will radically change the niche aerosol market. Yielding significant weight savings, this combination will dramatically reduce the environmental footprint of aerosol containers," said Raphael Thevenin, Sales & Marketing Director, Beverage Food and Personal Care at Constellium.
"Constellium's Aeral™ is developed from a specific alloy that can be used efficiently throughout the D&I can making process, including the specific necking operation, while meeting the pressure resistance and aesthetical requirements of cosmetics companies," highlighted Herve Vichery, Customer Technical Support Manager at Constellium.
Aeral™ demonstrates Constellium's commitment to sustainability and the development of innovative, lighter and infinitely recyclable solutions. Aeral™ was created through a combination of cutting-edge research at C-TEC, Constellium's world-class technology center in Voreppe, France, and strong industrial capabilities at the Company's rolling mill in Neuf-Brisach, France, which has long experience in manufacturing light-weighting products, including beverage cans. Constellium is already in advanced discussions with some key players in the market.
About Constellium
Constellium is a global sector leader that develops innovative, value added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging. Constellium generated €3.7 billion of revenue in 2014.
Forward Looking Statements
Certain statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain "forward looking statements" with respect to our business, results of operations and financial condition, and our expectations or beliefs concerning future events and conditions. You can identify forward-looking statements because they contain words such as, but not limited to, "believes," "expects," "may," "should," "approximately," "anticipates," "estimates," "intends," "plans," "targets," likely," "will," "would," "could" and similar expressions (or the negative of these terminologies or expressions). All forward-looking statements involve risks and uncertainties. Many risks and uncertainties are inherent in our industry and markets. Others are more specific to our business and operations. These risks and uncertainties include, but are not limited to, the ability of Constellium and Wise to achieve expected synergies and the timing thereof; the risk that the businesses will not be integrated successfully or such integration may be more difficult, time-consuming or costly than expected; Constellium's increased levels of indebtedness as a result of the acquisition, which could limit Constellium's operating flexibility and opportunities; the potential failure to retain key employees as a result of the acquisition or during the integration of the business, the loss of customers, suppliers and other business relationships as a result of the acquisition; disruptions to business operations resulting from the acquisition; slower or lower than expected growth in the North American market for Body-in-White aluminium rolled products and other risk factors set forth under the heading "Risk Factors" in our Annual Report on Form 20-F, and as described from time to time in subsequent reports filed with the U.S. Securities and Exchange Commission. The occurrence of the events described and the achievement of the expected results depend on many events, some or all of which are not predictable or within our control. Consequently, actual results may differ materially from the forward-looking statements contained in this press release. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.
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