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.