The European plastics industry faces challenges from strict regulations, rising recycling demands, and record-high energy costs. Production is shifting outside the EU, risking dependence on imports and weakened competitiveness.
The European plastics recycling sector is sliding into one of its deepest crises to date. By the end of 2025, Europe will have lost nearly one million tonnes of recycling capacity since 2023.
Commentary by Anna Kozera-Szałkowska, Managing Director of Plastics Europe Poland.
Davis-Standard, a global leader in the design and manufacturing of extrusion and converting technology, is pleased to announce the appointment of Ching Gettman as President of the Davis-Standard Global Services team
As previously reported by Chem-Courier, demand for food film and plastic bottles may increase in the near future due to European events such as the Olympics and the Football Championship, which will take place this summer.
Market players expect only a modest increase in demand.
PE, PP demand continues to remain low in Poland. Market players note that off-grade material has been more popular this month.
Guangzhou successfully concluded on 6 March 2024. Running concurrently, these exhibitions brought together industry players from around the world and presented comprehensive overview of the latest manufacturing technologies and industry advancements.
Sluggish demand continues to negatively affect market conditions. Low demand in Europe is likely to prompt further price declines next month.
Lacklustre demand has caused another decrease in PP prices. Purchases that traders and manufacturers were hoping for did not materialise to the extent they expected, according to Chem-Courier’s information.
Average EU PET beverage bottles’ recycled content rate reached 24%, yet more work is needed to achieve the 2025 EU targets.
Despite the lack of some materials in the market, there is no panic or increased purchasing activity from converters who buy raw materials only as needed.
