EAFA: European Aluminum Foil Sales Reach 618,500 Tonnes as Exports Rise 12%
Foreign media reports indicate that the European Aluminium Foil Association (EAFA) announced at the end of October that aluminum foil sales by European manufacturers totaled 618,500 tonnes, an increase from 611,400 tonnes in the same period of 2011.
Within that total, thin and household foil used in flexible packaging applications recorded a one-point increase, while thicker specialty foil dropped by five percentage points.
On the export side, products shipped outside the EAFA region rose 12%, with demand mainly coming from emerging markets and markets outside Europe. The EAFA region includes the United States, Australia, Belgium, Bulgaria, the Czech Republic, Finland, France, Germany, Greece, Hungary, Italy and Luxembourg.
Manfred Mertens, Vice Chairman of the European Aluminium Foil Association and President of the Roller Group, said: "Although the current economic environment is somewhat unstable, modest growth is expected to continue until the end of 2012."
This article is reprinted from China Packaging Network (news.pack.cn). Original link: http://news.pack.cn/show-371136.html. All rights belong to the original author; this article is for industry exchange and learning only.
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