Adverse market forces packagers association to shut

Helen Hymos, acting chair of the PMPA, confirmed the trade association will close from 30 September 2008 due to adverse market conditions. Those involved in the PMPA have decided to give up running the organisation to spend more time focusing on their main businesses. "In this current economic environment it is crucial to understand the importance of all packager firms to focus on the businesses which actually provide their living,” says Hymos. “Every member of PMPA has value as a single business, and I believe that lenders will continue to have packaging agreements with good packagers o...