In the industrial and petrochemical industries, these steel drums contain hazardous and high value chemicals. However, as the steel drum industry grows, so does the counterfeiting globally, with an average growth rate of 14.9% from 2017-2020.
At Rieke, they understand the impact that counterfeiting has on brand reputation, the thousands of monetary losses and the danger of counterfeited solutions. These counterfeit solutions sometimes expose the end consumer to health and safety dangers.