Just a thought for you in relation to the raw product glass side of things.
AMC is apparently underway with getting approval for a new furnace and line at their site near gawler. Would have to be a 12 section triple gob to make it viable....this means serious tonage. think 36 x 400 gram bottle every 7/10 of seconde. 24hrs a day, every day of the year.
OI is apparently (pure speculation)looking at a 3rd line of one off 3 furnace operations it has.
PSH has already put up handling and freighting costs at the peak of oil which has subsequently come down. Aussie dollar is low and staples are not suffering, ie: bottle industry is not hurting too much.
To date, there has been no talk of carbon "tax" on industry.
PSH Price at posting:
91.7¢ Sentiment: None Disclosure: Held