The price of energy is skyrocketing, driving up the cost of glass packaging and dramatically reducing supply. With energy costs now trending between 10 to 20 times above typical prices and the material price index of glass rising by 20% from 2020 to 2023, reports indicate that some glass foundries are at risk of closing.
For brands and producers looking to break free from fluctuating market conditions, PET offers a more reliable long-term supply, a lower carbon footprint, and being 8 to 10 times lighter than glass, drastically reduces logistics, material and production costs.
Not sure where to begin? Download our guide to get ahead of this crisis by learning everything you need to know about converting now to a recyclable, durable, lightweight PET package.
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