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ANHEUSER-BUSCH VICE PRESIDENT ISSUES STATEMENT REGARDING ONTARIO-BREWED BEER PUNITIVE DUTY

 ANHEUSER-BUSCH VICE PRESIDENT ISSUES STATEMENT
 REGARDING ONTARIO-BREWED BEER PUNITIVE DUTY
 ST. LOUIS, July 24 /PRNewswire/ -- Anheuser-Busch Companies Inc., (NYSE: BUD) released the following statement today by Stephen K. Lambright, group vice president, regarding the U.S. imposition of a punitive duty on Ontario-brewed beer:
 "Anheuser-Busch supports the action by the U.S. Trade Representative imposing strong retaliation against Ontario's protectionist tax on aluminum cans. The tax, by its careful application, clearly is meant to discriminate against U.S. beer producers, since Ontario-brewed beer is sold mostly in bottles while American beer is exported in aluminum cans.
 "What Ontario claims is an environmental levy is actually a trade barrier, since aluminum cans and refillable bottles are environmentally equal. This is especially so in Ontario, which currently recycles 88 percent of its aluminum cans -- one of the highest rates in the world. Aluminum cans are the most recycled container in the world because of their high scrap value and their ease of recycling, and their use should be encouraged, both here and in other countries. For beer, aluminum cans are our export package of choice because cans are so lightweight, easy to handle and can be recycled wherever they go.
 "The flow of beer between the nations obviously will now be reduced with a resulting loss in jobs and business. That is regrettable. But taxes enacted under the guise of environmentalism should not be used to protect an industry from legitimate competition. Looking to the future, we hope this action will discourage other governments from erecting similar protectionist barriers with environmental labels."
 Anheuser-Busch Companies Inc., includes not only the world's largest brewer but Metal Container Corp., one of the nation's largest aluminum can makers, and Anheuser-Busch Recycling Corp., the world's largest recycler of aluminum cans.
 -0- 7/24/92
 /CONTACT: Jay Lawrence for Anheuser-Busch, 314-982-1700/
 (BUD) CO: Anheuser-Busch ST: Missouri IN: SU:


RM -- SF001 -- 3064 07/24/92 13:45 EDT
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Publication:PR Newswire
Date:Jul 24, 1992
Words:319
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