Tariff on glass could cut some businesses deep

Breweries says a new tariff on glass imports could push up the price of wine and beer and other food and drink that comes packaged in glass.

The tariff is aimed at encouraging businesses to buy their glass locally, but breweries are not happy as some are locked into long-term contracts.

Lyn Mayes from the Glass Packaging Forum told ONE News the tariff is a "relic of a bygone era". It used to be in place, and has just been reinstated by the government.

"No one thought it would come back in. The government is saying at the moment that they won't review tariffs until 2015. We'd like them to have a look at it now."

She said contracts were signed without knowing the tariff would come back.

"We'd like the money back please. Because we don't want to pass it on to consumers because we don't think they want to pay more," was her message to the government.

Recycling company O-I is set to benefit from the arrangement. It has been cranking out bottles for the past month at its factory in the Auckland suburb Penrose to improve supply of local bottles to the market.

The company has spent $125 million on its New Zealand operation, which has also created 40 jobs.

Read more on link bellow.

600450 Tariff on glass could cut some businesses deep glassonweb.com

See more news about:

Others also read

Safti First, San Francisco, leading manufacturer of fire rated glass and framing solutions, is proud to announce the release of the mySAFTI app, an interactive design tool that takes the guesswork out of choosing the correct fire rated glass product.
We look forward to working with you in the New Year and assisting you in any way that we can to ensure the continual success of your business!Best wishes for a Happy Holiday Season and our sincere thanksfor your support and goodwill throughout the year!We will come back with fresh news on January 3, 2011.
The National Fenestration Rating Council (NFRC) announced that Steve Johnson, John McFee, and Joe Jonely will serve as committee chairs for the ratings, accreditation and certification policy committees respectively.
Company signs an exclusive license with Kelowna Motors, a well-established and highly reputable British Columbia- based MAZDA Dealer Diamon-Fusion International, Inc. (DFI Nanotechnology), global developer and exclusive licensor of patented hydrophobic nanotechnologies, announced today it has signed an exclusive license with Kelowna Motors, a well-established and highly reputable British Columbia-based MAZDA dealer, according to Guillermo Seta, corporate vice president and executive director.
The Middle East market is becoming a new and promising destination for local construction material producers to explore in the coming years.
Top Gear Live is a live arena show of the award winning TV program Top Gear. The live show features breath-taking stunts, remarkable special effects and epic driving sequences.

Add new comment