Mexico's container glass sector continues to rise

摘要

Comprised of three large, six mid and four small-scale container glass producers, the 12,000 tons per day (installed capacity) of the Mexican container glass industry has had a glorious run in recent years. Spurred by rising beer and tequila consumption and substantial exports of both these beverages, the sector has recently seen one of the largest acquisitions (O-I's acquisition of Vitro in 2015), the formation of what will be the largest container glass plant in the world (O-I/Constellation Brands joint venture Nava plant) and the entry of the French luxury container glass producer, Saverglass, in the last two years.