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Hempel Annual Report 2011

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Container:<br />

advanced solutions<br />

for the container industry<br />

We are one of the leading suppliers of<br />

coating solutions to the container industry,<br />

with most of our activity concentrated in the<br />

Asia Pacific region, particularly China.<br />

Performance <strong>2011</strong><br />

The market for container coatings followed the same trends<br />

as the global economy in <strong>2011</strong>. With an increase of more than<br />

2 million TEU (twenty-foot equivalent units) in the first half of<br />

the year, there were grounds for optimism, which resulted in an<br />

estimate of more than 4 million TEU for the year. However, the<br />

second half of the year slowed considerably. But despite recent<br />

estimates indicating a total for the year of 3.7 million TEU, this<br />

is significantly higher than the 2.9 million TEU achieved in 2010.<br />

This contributed to overall growth in Container of 18 per cent<br />

compared with 2010.<br />

14 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong>

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