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US plastic container demand to hit $32 billion in 2016

CLEVELAND (Nov. 8, 1:45 p.m. ET) — U.S. demand for plastic containers will grow an average of 4.9 percent annually through 2016, as the market recovers from the 2007-2009 recession, according to a new market study. Growth will be moderated by a deceleration in bottled water growth and the lack of near areas for large-scale conversions from metal or glass.

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