Steady rise in prices of glass bottles: UB, SABMiller plan alternate beer packaging.

(From Business Line)

Bangalore, Oct. 8. BREWING majors are pursuing alternative packaging solutions as glass bottle prices have steadily climbed in the last one year.

The leading domestic brewers United Breweries Ltd (UB) and SABMiller-Shaw Wallace combine separately disclosed that they had set up teams to come up with alternatives, as soaring bottle costs had dented their profitability in recent times.

Mr Kalyan Ganguly, President, UB, said the company had constituted a team to work on developing packaging solutions other than glass bottles. Acknowledging that glass bottle inputs costs have eaten into the company's profitability, he said …