Reid Canada, a Subsidiary of Consolidated Container Company, to Acquire Deltapac Packaging

Reid Canada, a subsidiary of Consolidated Container Company, is excited to announce that it has acquired the assets of Deltapac Packaging, located in Montreal, Quebec. Deltapac is a leading manufacturer of plastic bottles servicing the specialty chemical, cosmetic, food, and pharmaceutical industries.

Patrick Keese, Senior Vice President and General Manager of CCC's Consumer/Industrial Group, stated, "This acquisition expands CCC's footprint in Canada as well as product offerings in the chemical, sanitation, and food industries, and increases our exposure in the pharmaceutical packaging market. We continually strive to drive value for our customers through innovative solutions and new product offerings in growth markets."

Annie Perreault, President of Deltapac, commented, "The sale of Deltapac to CCC enables a healthy evolution of our plant, offering a promising future for our employees. We are excited to now offer our clients a wider variety of products."

About Consolidated Container Company

CCC, a non-publicly traded subsidiary of Loews Corporation 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 resin 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.

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