Although the €2416 million revenue figure reported in Verallia’s 2018 annual results is down 2.3% year-on-year, at constant exchange rates and excluding IFRS15 impact, a solid 5.7% revenue growth was achieved. This growth was driven by volume/mix improvements, supported by sales price increases necessary to mitigate rising energy costs and other inflationary impacts. In Europe, revenue fell by 0.3% but increased by 3.8% year-on-year. Growth was driven by volume/mix improvement and higher selling prices in all countries. In South America, revenue fell by 17.1% due to the negative foreign exchange rate variations essentially coming from Argentina.
FEVE’s latest industry data on recycling confirms that over 12 million tons of glass bottles and jars are collected and recycled in Europe, with an average 74% glass recycling rate in the EU28. According to FEVE, this figure should be set to rise. With the circular economy now at the forefront of the political agenda, EU Member States have committed to ambitious targets on municipal waste reduction and glass packaging recycling. This signals a renewed investment in separate collection for glass packaging in the coming years, which will engage consumers, municipalities, extended producer responsibility schemes, recyclers and manufacturers in a collaborative effort to collect, sort and treat the glass that is currently leaking from the system.
Frigoglass will invest €25-30 million to expand furnace capacity at the Beta Glass Guinea plant, located at Agbara, Ogun state. The project will increase glass container production capacity at the Nigerian plant by 35,000 tons/year by replacing an existing furnace that has reached the end of its life, the addition of an extra production line and upgrades to existing production equipment, as well as the acquisition of advanced inspection technology to strengthen the plant’s capabilities.
British Glass recently facilitated a visit with the Department for Business, Energy and Industrial Strategy to flat glass manufacturer Saint-Gobain UK. Eleven members of the BEIS team, including Deputy Director for Energy Intensive Industries Rory Wallace and Deputy Head of Energy Intensive Industries Carolyn Campbell visited the Eggborough site to gain an insight to the industry. They were joined by members of the British Glass environment team and Technical Director Nick Kirk and hosted by British Glass President and Managing Director of Saint-Gobain UK, Steve Severs.
Speaking to the trade magazine Premium Beauty News, Carl-August Heinz, owner and CEO of German glassmaker Heinz-Glas confirmed that his group has acquired land near Shanghai to build another glassworks. This follows an announcement last October that the Saverglass flaconnage business in France has been purchased.
The Kioo glass container factory in Dar es Salaam, has commissioned P-D Refractories to supply materials for its K2 furnace rebuild later this year. This follows the glassmaker’s K1 furnace project, which was successfully commissioned in 2018. Both furnaces are SORG designs. Refractory products will be sourced from P-D Refractories sites in Germany and the Czech Republic.
Supplying a diverse range of glass packaging in different colours to such customers as AB InBev, Coca-Cola and Heineken, Kioo Ltd makes a significant contribution to the sustainable economic and ecological development of Tanzania.
British Glass has rebutted recent claims made by a Coca-Cola spokesman in Spain that glass could be more damaging to the environment than some other packaging materials. “The simple facts are these: Glass is infinitely recyclable back into new bottles and jars and is extensively recycled” said David Dalton, Chief Executive. “Wherever it comes from – a bottle of wine from Argentina or a jar of marmalade from Oxford - glass can go directly into the local recycling infrastructure.
A used bottle or jam jar is always 100% recyclable. Recycling glass is straightforward, unlike recycling many other packaging materials. A glass bottle is remelted back into a glass bottle. And glass doesn’t deteriorate, no matter how many times it’s recycled.”
When it comes to packaging for beauty, fragrance and medical products, three in four European millennials would opt for products in glass over any other packaging material, according to an independent consumer research survey commissioned by FEVE, the European Container Glass Federation. Crucially, glass is seen as the best packaging material by 77% of the 2030 consumers surveyed – coming out ahead of plastic/polyethylene terephthalate (PET) and metal across five European markets. This strong support for glass can be attributed to its environmental credentials, its ability to preserve both quality and scent of the contents and its premium feel.