Date: Dec 1, 2009
Cautious optimism in an economic recovery has been expressed
by the European Aluminium Foil Association (EAFA) following publication of
alufoil data for the first nine months of 2009. Latest figures show a 9.2 % fall
to 569,200t in members’ alufoil production, compared with the first three
quarters of 2008 but the figures for September 2009 compared with 2008 indicate
that there are some green shoots of recovery.
A quietly confident Stefan Glimm, EAFA's Executive Director,
said: “There seems to be light at the end of the tunnel but there are still
many uncertainties in the market. We are particularly pleased with the
performance of foils used for both flexible packaging and containers such as
foil trays, where the signs of recovery are most pronounced.”
EAFA shipments*
of thin foils, mainly used
for flexible packaging and household foil, fell by only 3.2% to 327,500t for the
first three quarters of 2009 compared with 2008. On the other hand, in line with
the major recessionary impacts the worst affected area was automotive and
construction which uses thicker foils, down 22.1% to 147,600 t. Sales within
EAFA member countries*
fell by 10 % while exports
to other countries dropped by a modest 4.8%.
Aluminium foil characteristics are strength, formability and
barrier properties which have made it an essential part of many flexible
packaging and container applications. Other uses of aluminium foil include
automotive and heat exchange components, insulation material and many industrial
applications.
The European Aluminium Foil Association is the international
body representing companies engaged in the rolling and rewinding of alufoil and
in the manufacture of alufoil containers and of all kind of flexible packaging.
Its more than 100 members include companies in Western, Central and Eastern
Europe.
* EAFA region covers Armenia, Austria, Belgium, Bulgaria,
Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Italy,
Luxembourg, Netherlands, Norway, Russia, Slovenia, Spain, Sweden, Switzerland,
Turkey and UK
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