January 14, 2008
Climate Change Good for Sales Of Bottled Water
Citi analysts have released a report claiming that key bottled water companies and global water companies are poised to benefit from climate change, according to watertech.Due to recent complaints, sales of bottled water have slowed, and one company has launched a PR campaign to encourage drinking tap water, but the Citi banking report claims, “In many regions of the world where the supply of water is increasingly an issue because of climate change factors, there is also a growing demand.”
And companies like Danone, Nestle and Doosan, according to this article, will be the beneficiaries of that demand. Also to benefit are local companies equipped to construct water facilities and infrastructure.
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