Recession buffets flexible packing sector, says industry body

By Rory Harrington, 08-Jul-2009     www.nutraingredients.com

One year after delivering a stark warning of the pressures facing the flexible packing sector, an industry body has said while the current challenges have changed, the situation remains as difficult.

In July 2008, Flexible Packaging Europe said soaring raw material prices, including hikes in polymer costs, as well as rising transport and energy tariffs were “threatening the financial backbone” of the industry.

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