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BRITISH GLASS INSTIGATES EDM ON ENERGY

Post Time:Jul 10,2008Classify:Industry NewsView:429

At the instigation of the British Glass Manufacturers’ Confederation, Eric Illsley MP, the Chairman of the All Party Packaging Group, has laid down an Early Day Motion in the House of Commons calling for government action to prevent extensive job losses in manufacturing due to the escalating costs of energy.

Early Day Motion 1910 expresses concern that the competitiveness of the UK’s energy intensive manufacturing sectors is now being jeopardised by the uncompetitive prices being demanded by energy producers compared to the rest of Europe and the potential for extensive job losses.

David Workman, Director General of British Glass said, “The rising cost of both gas and electricity is creating concern amongst the UK’s Energy Intensive Industries that their ability to compete on the world stage is being undermined.

“For a typical glass manufacturer, energy costs for this year have risen by over 50% compared to 2007, and by over 130% since 2004. If that company were to contract now for energy in 2009 it would face a further increase of 53%.”

As most forms of packaging originate from the Energy Intensive Sectors (or from oil) few packaging companies will be immune from the effects of this movement in costs. And unlike domestic consumers, industry users are facing the real costs of the rise in wholesale prices.

Source: British GlassAuthor: admin

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