Wednesday, November 19, 2008

Rexam weathers weakening of Russian can market

packagingnews.co.uk: "Rexam has defended its acquisition of Russian beverage can manufacturer Rostar after the company reported a softening in the market in the third quarter.
In its interim management statent published today, chief executive Leslie Van de Walle said Russia is a huge market where soft drinks are under consumed in the can format. He remained confident about the 'medium to long term potential' of the market."

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