Rexam Reacts To Reduced Volumes In Germany

In a move to bring its German glass container production capacity into line with the domestic market, global consumer packaging group Rexam announced on 28 July that it intends to shut down one furnace & related production lines in Germany. The measures, decided in conjunction with the local supervisory board, are likely to affect 120 jobs, mainly in Wahlstedt, where one furnace & three associated production lines will close. The shutting down of the furnace reduces Rexam's glass melting capacity by 6%. Egbert Thusing, MD of Rexam Glass Germany said, "The introduction of the deposit on one-way beverage packaging, & the proposed widening of its scope to include other non-carbonated beverages, has further affected glass volumes in Germany. These capacity adjustments, although regrettable, are very much in line with our ongoing post acquisition development plan."

Author
Un-named
Origin
Unknown
Journal Title
Glassonline News 29/07/04
Sector
Container glass
Class
C 2359

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Rexam Reacts To Reduced Volumes In Germany
Glassonline News 29/07/04
C 2359
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