A new report from Smithers Pira expects the worldwide rigid plastic packaging consumption to grow during 2017–2022 at an annual rate of 3.7% to 63.4 million tonnes. Economic and demographic trends are key determinants of packaging ...
Tags: plastic packaging, packaging
Recent turbulence in the raw material supply chain is forcing Europe’s leading fresh food packaging manufacturer, LINPAC to increase its rigid and flexible packaging prices, but this will not impact the Australian market. The ...
Tags: Linpac, raw material
The company has considered the recent turbulence in its raw material supply chain and concluded that a rise in packaging prices is inevitable in the face of current sharp cost increases. Bart Stubbe, director of purchasing at Linpac, ...
Tags: raw material, packaging
Market participants in Latin America are most likely to believe that polymer prices are going to decrease in the coming months, one of the main reasons the market is quite slow in countries such as Brazil, Peru and Colombia, sources said on ...
Tags: Polymer, polymer prices, Olefin
Based on unaudited results Pegas Nonwovens SA, a leading European producer of nonwovens textiles, recorded consolidated revenues of EUR 146.0 million in the first nine months of 2013, up by 4.2% yoy. The year-on-year growth in revenues ...
Tags: Pegas, nonwovens textiles, Sales up 4.2%
Rising raw material prices and the crash of the rupee has badly mauled India's plastic industry, according to the country's largest plastics trade association. "[The] future of over 50,000 manufacturing units and four million jobs are at ...
Tags: Plastics Industry, Polymer Costs
Ravi Sethi of ProcurianRaw material costs as a percentage of plastic packaging costs have been on a steady rise due to the long-term appreciation in crude oil prices, a key ingredient for resins. Crude oil prices have increased five-fold ...
Demand in the Turkish polymer market has slumped as riots have erupted in major cities and the local currency has tumbled, sources said this week. "There is instability, and the issue of payments, caused by political unrest. It is very ...
In results published this morning, RPC revealed that sales for the year to 31 March 2013 slipped to £1.05bn, from £1.13bn the previous year. Pre-tax profit fell to £40.3m compared to £59.6m a year earlier. The ...
The rigid plastic packaging firm published its interim management statement this morning (31 January). In its statement, the company said: “When adjusted for this effect, profitability during the period on a constant currency basis ...
Tags: rigid plastic packaging, RPC, Q3, Operating Profit
L/LDPE The L/LDPE price bubble has truly burst with notations tumbling in June. Producers initially hoped to limit the downward price adjustment in line with the ?20/tonne drop in the June ethylene contract price but were swiftly forced to ...
Tags: market view, Plastics prices
European plastics processor Promens recovered strongly last year, delivering significantly improved operating earnings to match those achieved before the 2009 global financial crisis. The Icelandic packaging to rotational moulding group ...
Tags: market view
Players in China’s polymer markets are expressing mixed forecasts for 2012. While there is general agreement that upstream costs will continue to support polymer prices, players hold divergent opinions about the macroeconomic outlook ...
Tags: market view
Despite a market recovery following the 2008-9 recession, demand for European food and beverage packaging in specific areas is being hit by "structural changes" including the sustainability trend. Applied Market Information (AMI) drew this ...