
K 2022 - Trend Report Europe
European plastics industry braces for increased instability, higher prices, and lower growth
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.