Vitro raises container prices

Vitro S.A. de C.V. has raised its glass container prices by an average of 12%, causing concern among Mexican beverage bottlers. Alberto Chico, director of Corporate Communications for the glass maker …

Vitro S.A. de C.V. has raised its glass container prices by an average of 12%, causing concern among Mexican beverage bottlers. Alberto Chico, director of Corporate Communications for the glass maker blamed the 12% price rise on higher energy costs and increases in the cost of other inputs to the manufacturing process. Soft drink bottlers are also suffering from a rise in the cost of PET bottles.