Alufoil sector stabilises on high level

After bullish growth rates over the past quarters the aluminium foil deliveries stabilised on a high level according to data published by the European Aluminium Foil Association (EAFA). The production of the European aluminium foil industry slightly declined by 0.9% to 419,000 t in the first six months of 2011. Thicker alufoil gauges, used mainly for the manufacture of semi-rigid foil trays and technical applications rose by 1.2%, while thinner gauges used mainly in flexible packaging and household foil fell by 4.5%. Exports outside the EAFA region grew by almost 10%.

EAFA President François Coëffic remains confident for 2011: “After a destocking phase, especially on converter level, we expect 2011 to remain on track towards one of the best years in alufoil’s history. The European aluminium foil producers will continue its pro-active approach to supply a sustainable and cost-effective packaging option.”

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