EAFA: Calming alufoil production

The economic slow down in Europe also affected the deliveries of aluminium foil in the first nine months of 2011. According to data published by the European Aluminium Foil Association (EAFA) the total production declined by almost 4% to 609,000 tonnes. The thinner foil segments mainly used for flexible packaging and household foil fell by 7% while the thicker foil segments declined slightly by 1%. On the other hand exports outside the EAFA region grew by almost 5%.

Stefan Glimm, EAFA Executive Director, remains cautious for 2011: “Especially in the third quarter we could see destocking as well as a more cautious behaviour along the whole value chain. Aluminium foil has a healthy future because of its advantages as a sustainable and innovative packaging material. It plays an essential role in the prevention of food waste through its excellent barrier and preservation properties.”

www.alufoil.org