News Plastech
Among economies such as Germany or Portugal, Poland is a domineering European producer of tools for processing of plastics used in many sectors. None of these sectors could function without high quality tools.
From 2018, the market was characterised by low prices and cheap import. We had survived the first wave of the epidemic, the demand suddenly started. However, polymer deliveries were delayed due to a lack of containers. All this generated an actual shortage.
The plastics industry is one of the main branches of the economy in Poland. The Polish plastics industry employs more than 220,000 people and total production in Poland has exceeded €25 billion (more than 6% of the value of the domestic industry).
The monthly ICIS Petrochemical Index (IPEX) is recording a collapse in commodity petrochemical and polymer prices worldwide as economic and cost pressures for the sector mount.
In a new publication, BASF and Institute cyclos-HTP reveals details of the mechanical recycling of coextruded flexible packaging films containing polyamides (PE/PA multilayer films).
European plastics industry braces for increased instability, higher prices, and lower growth
At the beginning of last week, both “feedstock” and energy prices reached their highest levels in 10 years. The price of oil was 139 USD/barrel, NAPHTHA was 1,121.7 USD/t and the price of natural gas was 227.201 Euro/MWh.
The masterbatch market continues to be incredibly dynamic, maintaining growth throughout the pandemic in all major global regions, and outperforming the growth of both GDP and the underlying polymer demand.
The market is in turmoil. The escalating Russian-Ukrainian war is distracting from the deal. An unprecedented situation, market participants do not know how to react.
European mechanical plastics recycling exceeded 8 million tonnes in 2021 despite feedstock insecurities caused by Covid-19 slowdown
The waste plastics value chain is a complex and dynamic sector, with an evolving operating environment. New legislation and targets for the recycling of plastics and the use of recyclate are changing the way the whole plastics industry must operate.
Cast PP Films – The European Market 2021, is a brand new report from leading plastics market intelligence providers, AMI. The company has leveraged its expertise and proven methodology in other consumer and industrial films, to complete this new study for 2021.
The expected boom in industrial production has fallen short. The low point of industrial production in April was followed by a slow increase in production in May.
It is clear from the data that the decrease is significant everywhere compared to what was originally planned.
It was expected that the lifting of the restrictions would not bring an immediate recovery. Moreover, in some cases, the relaxation and lifting of stay at home restrictions has led to a reduction in demand and associated production.
The economic situation of the plastics industry did not change significantly compared to the previous week. Bigger changes are expected after Easter. Many people assume that some companies may not start up after the holidays.
Sources in the recycled polyethylene terephthalate (R-PET) market - the most widely recycled plastic across Europe - are already seeing a change in consumer behaviour, particularly around buying habits, and more importantly, recycling habits.
Specialty chemicals suppliers are likely to face less pressure on their credit quality than integrated or bulk suppliers, which are exposed to more commoditised products. Credit quality could improve if economic growth does not slow too drastically.
The plastics or polymers industry was for many years a hidden industry. For most of its history, nobody has known much about the plastics business because it is sandwiched between oil and gas and a huge variety of finished goods.
Concerns over the environmental impact of virgin plastics as well as cost and energy savings are driving demand for recycled plastics in Europe, according to a recently published report by the Dublin-based market research platform, Research and Markets.
Practical experiences gathered and technical assessments carried out support that unplasticised (PVC-U), high impact polyvinyl chloride (PVC-Hi) and polyethylene (PE) buried pipes have an expected service lifetime of over 100 years.
The XXIII International Fair of Plastics and Rubber Processing is also the venue for a press meeting followed with a panel debate. The meeting is open to the public.
Out of 3.308.300 tonnes of PET bottles placed in the European market in 2017, 58.2% - in total 1.923.100 tonnes (+2.9 % compared to 2016) - were collected. This conclusion comes from the Annual Survey on the European PET Recycle Industry, conducted by ICIS and commissioned by Petcore Europe.
For the third time already, Ceresana analyzed the global market for ABS, PC, PA, PMMA, POM, PBT, SAN, and fluoropolymers: almost 21.5 million tonnes of these plastic types are consumed every year.
Plastics industry continues its growth trend. The report issued by PAGEV for the first half of 2018 shows that plastic product manufacturing increased by 7.2% to 5 million tons, while value increased by 9.3% to 19.4 billion dollars.
According to PCI Wood Mackenzie's, Poland continued to be the fastest growing major flexible packaging market in Europe in 2017, increasing by over 5% during the year.
Independent LCA of grocery carrier bags materials: plastics prove to be the material with the overall lowest impact to environment.
The Turkish plastics industry is the largest in the Middle East, accounting for two-thirds (36 per cent) of the region’s demand as of 2015 data, AMI reports, while it holds a geographical advantage, bridging the Middle East with Europe.
On 7 and 8 February, more than 200 delegates from the entire PET value chain from Europe and beyond gathered in Brussels for the annual Petcore Europe Conference 2018.
Smithers Pira identifies the key reasons why flexible packaging is continuing to increase in popularity with consumers and brand owners.
The "smart polymers” polymer market is set to grow at a CAGR rate of 14.7% through 2023, according to a recent market research report.
In 2015 AMI stated that Turkey was the largest plastics market in the Middle East, accounting for 36% of regional demand. Despite the unstable and rapidly developing region, Turkey remains the leading player in large part due to its strategic location making it is easily accessible to European markets.
Out of 3.147.000 tonnes of PET bottles and containers placed in the European market in 2016, a remarkable number of 59.8% - in total 1.880.900 tonnes - were collected and thereof 1.773.200 tonnes mechanically recycled.
The results of European Bioplastics’ annual market data update, presented today at the 12th European Bioplastics Conference in Berlin, confirm a stable growth of the global bioplastics industry.
FMCG brands that once enjoyed healthy mid-single-digit growth or better have encountered challenging headwinds recently. In this marketplace, Lean manufacturing is becoming more and more crucial. And technology - especially internet-connecting technology - is key to such efforts.
Spot resin trading continued to hum along at a healthy pace the week of April 10, reports the PlasticsExchange in its Market Update.