of glass containers such as beer and spirit bottles and food jars helped boost
Mexican glass demand in the past quarter, O-I reported.
In its final quarter financial report, O-I, the world’s largest container glass manufacturer, said sales volumes were up between 5 and 10% in North America and Mexico, compared to an increase of 2.4% globally.
Such was demand for glass domestically in Mexico that it had to stop exports to Brazil from the Central America country.
Chief executive Andres Lopez told financial analysts that performance of glass in the country had been driven by a focus on the premium sector as well as a localisation of global brands.