Rexam Promotes Recycling and Raises Money for Charity with "Cans for Cash" Event

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Sep 18, 2014, 11:24 ET

CHICAGO, Sept. 18, 2014 /PRNewswire/ -- As one of the leading global beverage can makers, Rexam is committed to sustainability and raising awareness for the recyclability of aluminum cans.

To help bring this message to its local communities and raise money for charity, the company recently hosted its fourth annual "Cans for Cash" recycling event at its Chicago headquarters. Rexam partnered with United Scrap Metal, a local recycler, and was supported by other key partners including Novelis, Tri-Arrows Aluminum Inc. and Wise Alloys.

The Rexam Can Man poses with bags of aluminum cans that were collected for recycling at the company's recent "Cans for Cash" event. (PRNewsFoto/Rexam)

The "Cans for Cash" event continued to grow in popularity, collecting more than 3,500 pounds of aluminum cans which were then recycled, resulting in approximately $2,300 for local charities.

Aluminum cans are the most valuable package to recycle, as American consumers earn more than $1 billion annually in recycling proceeds. And they are infinitely recyclable because aluminum is a permanent resource, with cans able to be recycled, smelted to can sheet, converted to cans again and back on retail shelves within 60 days. These facts combine to make cans the most recycled beverage container in the world, with a U.S. recycling rate of 67 percent, more than double the rate of other beverage packages.

Rich Grimley, president and CEO, Rexam Beverage Can North America, commented on the event. "This is a great opportunity for us to partner with our suppliers and focus on our common mission – increasing aluminum can recycling. Working together, we are able to spread the word on the sustainability of the beverage can and further strengthen our ties with our local communities, all while raising money for charity. This is another part of ongoing efforts to be the environmental leader in our industry."

About Rexam
Rexam is a leading global beverage can maker. We are business partners to some of the world's most famous and successful consumer brands. Our vision is to be the best beverage can maker in the world.

We have 55 can making plants in more than 20 countries and employ around 8,000 people. In 2013 our sales were in the region of $6.5 billion. Rexam's ordinary shares are listed with the UK Listing Authority and trade on the London Stock Exchange under the symbol REX. Visit www.rexam.com for further information.

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SOURCE Rexam