Rexam: Glass Sales Up 8% In 2006

In its glass business, Rexam said that after several years of decline and uncertainty, the European glass container market stabilised in 2006. Sales rose by almost 8% to GBP 437 million through a combination of price increases, higher volumes and mix improvements. All sites contributed to the upturn: Poland continued its long term positive trend; Scandinavia and the Netherlands both grew after a number of years of stagnation and Germany reversed a period of decline with the strongest growth figures of all. However, the unprecedented rise in energy costs was a formidable obstacle to progress, the company said.