FLEXIBLE PACKAGING Consumers and investors are kicking the traditional can
Apr 01, 2008 | 01:44 PM
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Creativity—it's the root of survival and often stems from desperation, or at the very least is most evident in desperate times. The U.S. food can market certainly appears to fit the mold.
The traditional food can market is shrinking in the United States, forcing the industry to become more creative, according to Gene Leo, project director of Omega Research Associates, Pittsburgh.
"The problems for food cans will be compounded by a sharp increase in the price of tinplate due to the rise in iron ore, coke, energy and tin during the past two years. In the United States, these costs will be passed through by can makers to food processors and ultimately to the consumer," he said. "In early October, steel producer ArcelorMittal (SA, Luxembourg) announced a 15-percent increase in the price of tinplate for its North American customers. Despite surplus tinning capacity, steel suppliers in both Europe and North America followed suit."....
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