The revised estimate of full year adjusted net income per diluted share is primarily the result of lower volume expectations and related under-absorbed costs of approximately 18c per diluted share, higher income tax expense of approximately $0.03 per diluted share and higher interest expense of approximately 4c per diluted share. The impact of the reduction in volume expectations is the result of lower customer volume forecasts for certain products for the North American personal care and home care markets in the Dispensing and Specialty Closures and Custom Containers segments in the fourth quarter, which is expected to result in under-absorbed costs related to production downtime and inventory reductions in the quarter.
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