Global bioplastics production defies challenges by showing significant increase
European Bioplastics presented yesterday at the 17th EUBP Conference a positive outlook for the global bioplastics industry.
European Bioplastics presented yesterday at the 17th EUBP Conference a positive outlook for the global bioplastics industry.
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.