date:Jun 22, 2012
until their next price reviews with their customers.
The need to improve operating performance was another factor driving consolidation. Bigger scale would enable firms to improve the efficiency of their capital investments by lowering costs per unit. But increasing automation could lead to overcapacity and over emphasis on capacity to maximum efficiency rather than profitability, warned the report.
More able to innovate
The sector also needed to innovate in a number of areas, including ingr