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FDA Approves Constar's new DiamondClear® Technology for PET Containers
Jul 22, 2009
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PHILADELPHIA, July 22, 2009 - - The U.S. Food and Drug Administration (FDA) has given Constar (OTC: CNRN.PK) the green light for its new DiamondClear&...
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Constar International Inc. Completed Its Financial Restructuring and Emerged From Chapter 11
Jun 1, 2009
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Philadelphia, PA - June 1, 2009 -- Constar International Inc., a leading global producer of PET (polyethylene terephthalate) plastic containers for food and beverages, announced that the Company and its affiliated debtors completed their financial restructuring and successfully emerged from Chapter 11 on Friday, May 29, 2009. The reorgani...
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Court Confirms Constar's Plan of Reorganization
May 4, 2009
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Philadelphia, PA - May 4, 2009 - Constar International Inc. announced today that the U.S. Bankruptcy Court for the District of Delaware indicated its approval of Constar's emergence from Chapter 11 in accordance with the Plan of Reorganization for Constar and its affiliated debtors. At the hearing, the Court ruled that Constar had met all...
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CHEERS! Constar's PET bottle for Boisset Family Estates' Beaujolais Nouveau captures AmeriStar Award for Beverage Packaging
Mar 10, 2009
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PHILADELPHIA, March 10, 2009 - - November may be the month to celebrate the annual release of Beaujolais Nouveau wines, but March has Constar International...
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Constar Unveils i-Design™ Automated Package Development Process at The Packaging Conference
Feb 4, 2009
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LAS VEGAS, February 4, 2009 - - For the younger generation of packaging designers and engineers brought up creating simulated societies, simulated friends, and even...
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Constar International Inc. Receives Final Approval of Its Debtor-In-Possession Financing
Jan 21, 2009
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Philadelphia, PA - January 21, 2009 -- Constar International Inc. (OTC: CNSTQ.PK) announced that on January 20, 2009 the U.S. Bankruptcy Court for the District of Delaware ("the Court") granted final approval of the Company's $75 million debtor-in-possession ("DIP") financing. The DIP financing includes the option for the Company to conve...
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Court Enters Order Restricting Trading in Equity of Constar International Inc. and Affiliates
Jan 8, 2009
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Philadelphia, PA - January 8, 2009 -- Constar International Inc. (NASDAQ: CNST) announced that the United States Bankruptcy Court for the District of Delaware has entered an order that imposes substantial restrictions on trading in equity interests in Constar International Inc. and affiliates. A copy of the order may be found at the follo...
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Constar International Inc. Receives Delisting Notice from NASDAQ Stock Market
Jan 6, 2009
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Philadelphia, PA - January 6, 2009 -- Constar International Inc. (NASDAQ: CNST) today announced that on December 30, 2008, the Company was given a notice by The NASDAQ Stock Market that in connection with the Company's filing of Chapter 11 cases that day, and in accordance with Marketplace Rules 4300, 4450(f) and IM-4300, the Nasdaq staff...
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Constar International Inc. Receives Court Approval on "First Day" Motions in its Reorganization Filing
Jan 5, 2009
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Philadelphia, PA - January 5, 2009 -- Constar International Inc. (NASDAQ: CNST) announced the approval of its operational "first day" motions by the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") on December 31, 2008. The Company received, among other things, interim Bankruptcy Court approval of its $75 millio...
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Constar International Inc. Receives Support from the Holders of a Majority in Principal Amount of the Subordinated Notes for Plan to Reduce Debt and Annual Interest Expense
Dec 30, 2008
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Philadelphia, PA - December 30, 2008 -- Constar International Inc. (NASDAQ: CNST) today announced that it has received support from the holders of a majority in principal amount of the Company's Subordinated Notes regarding a debt-for-equity exchange that will reduce the Company's outstanding indebtedness by $175 million and reduce its an...
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ConAgra Foods and Constar Receive 2008 Worldstar Award for Hunt's Ketchup 46-Ounce Diamondclear® Pet Bottle
Dec 19, 2008
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OMAHA, Neb., Dec. 19, 2008 - ConAgra Foods, Inc. (NYSE: CAG), one of North America's leading packaged food companies, and Constar International (NASDAQ: CNST), were clear winners for the World Packaging Organization's 2008 WorldStar Award, the international packaging industry's most prestigious honor. The two companies were recognized for...
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Industry leader AriZona Beverage Company is first major brand to commercialize Constar's VCT™ PET bottle
Dec 17, 2008
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PHILADELPHIA, December 17, 2008 - - Recognizing the intrinsic link between product, package and consumers' product experience, AriZona Beverage Company has recently introduced a range of its ready-to-drink beverages in 20-ounce custom PET bottles. These bottles are...
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Constar International Inc. Provides Financial Information to Investors
Dec 12, 2008
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Philadelphia, PA - December 12, 2008 — Constar International Inc. (NASDAQ: CNST) today announced that on December 9, 2008, members of the Company's management made a presentation to an investor group. A copy of that presentation has been filed today on Form 8-K with the Securities and Exchange Commission. A copy of the 8-K report ca...
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Boisset Family Estates and Constar Celebrate the 2008 Vintage Beaujolais Nouveau with a Lightweight, Environmentally Friendly Plastic Bottle
Nov 17, 2008
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PHILADELPHIA, Penn., November 17, 2008 - - Each year, on the third Thursday of November, French vintner Boisset Family Estates flies thousands of bottles of Beaujolais Nouveau to eager wine lovers around the world, a harvest tradition celebrating the arrival of the refreshi...
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Constar International Inc. Announces 2008 Third Quarter and First Nine Months Financial Results
Nov 14, 2008
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Philadelphia, PA - November 14, 2008 -- Constar International Inc. (NASDAQ: CNST) today announced its financial results for the third quarter and nine months ended September 30, 2008.
Highlights include:
Credit Agreement EBITDA, excluding restructuring charges, was $6.7 million as compared to $17.3 million in the thi...
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Constar International Inc. to Announce 2008 Third Quarter Financial Results on November 14
Nov 11, 2008
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Philadelphia, PA - November 11, 2008 - Constar International Inc. (NASDAQ: CNST) will release its 2008 third quarter financial results on Friday, November 14, 2008 before the U.S. markets open. The Company will hold a conference call for financial analysts and investors to discuss these results at 9:00 a.m. ET that day. Forward-looking and other...
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Constar International Inc. Reports NASDAQ Has Extended Listing Compliance Requirements to March 16, 2009
Oct 28, 2008
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Philadelphia, PA, October 28, 2008 - Constar International Inc. (NASDAQ: CNST), reported today that on October 22, 2008 it was given a notice by the NASDAQ Stock Market that NASDAQ has suspended enforcement of its bid price and market value of publicly held shares requirements through January 16, 2009. In that regard, on October 16, 2008...
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Constar International Inc. and Pepsi Sign a New Four Year Agreement
Oct 10, 2008
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Philadelphia, PA - October 10, 2008 - Constar International Inc. (NASDAQ: CNST) today announced that it has executed a four year agreement for supply of PET packaging products to Pepsi. The agreement covers supply of both bottles and preforms for cold fill applications beginning on January 1, 2009. As expected, compared to the existing agreement...
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Constar International Inc. Reports NASDAQ Deficiency Notice
Sep 16, 2008
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Philadelphia, PA, September 16, 2008 - Constar International Inc. (NASDAQ: CNST), reported today that on September 10, 2008 it received a notice from the Listing Qualifications Department of the NASDAQ Stock Market indicating that for 30 consecutive trading days, the Company's publicly held shares had not maintained a minimum market value...
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Boisset Family Estates to Launch Fine French Wines in United States Using Constar's PET Monoxbar Plus™ Oxygen Scavenger Technology
Sep 3, 2008
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PHILADELPHIA, September 3, 2008 - - In an industry where innovation often plays second fiddle to tradition, Boisset Family Estates has no problem marching to the beat of a different drummer, playing an instrumental role in the introduction of indu...
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