Page 60 - GM_2018_6
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COUNTRY PROFILE
         Country profile

































             in 2016 amounted 10.7 billion    manufacturer Vitro in 2015 for   build upon our position as the
             litres, an increase of 8 per cent   about USD 2.3 billion. With this   world’s leading glass packag-
             compared to 2015.                transaction, O-I acquired five    ing company,” according to Al
               The fact that Mexico is the    food and beverages glass con-    Stroucken, who was chairman
             largest global beer exporter has   tainer manufacturing plants in   and CEO of O-I at the time of
             also helped the cause of the con-  Mexico, one plant in Bolivia and   acquisition.
             tainer glass industry. The country   the distribution of container glass   The company’s plant in
             exported USD 3.8 billion worth   products in the United States.   Monterrey,    better    known
             of beer in 2017. These figures    Vitro’s Cosmetics, Fragrances    as Vidriera Monterrey S.A.
             represent 26 per cent of glob-   and Toiletries (CFT) segment,    (Vimosa), where its corporate
             al beer exports, indicating the   the company’s Machinery and     offices in Mexico are located, is
             strength of Mexican beer exports.   Equipment business, as well as   the largest O-I plant. O-I’s other
                                              its equity participation in the   plants in Mexico are Vidriera
             MAJOR CONTAINER GLASS            Comegua joint venture, in Central   Guadalajara S.A. (Vigusa),
             MANUFACTURERS IN                 America, were not included in    Vidriera Los Reyes (Virreyes),
             MEXICO                           this transaction. Presently, O-I   Vidriera Toluca S.A. (Vitolsa)
             Owens Illinois (O-I) Mexico      Mexico’s operations are com-     and Vidriera Querétaro S.A.
               The largest global container   posed of five plants that employ   (Viquesa).
             glass manufacturer O-I is also   approximately 5,600 people.
             the largest container glass manu-  “As a leader in the strong and   Grupo Modelo
             facturer in Mexico. O-I entered   growing Latin American market,    Global brewer AB InBev-
             the Mexican container glass      the addition of Vitro represents a   owned Grupo Modelo operates
             industry by acquiring the then   significant opportunity to extend   three container glass plants in
             country’s largest container glass   our global franchise and further   Mexico. These container glass



















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