Polyethylene (PE)
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European producers try to hold EP prices

European producers try to hold EP prices

Based on problems with the availability of imported materials, European producers will attempt to maintain prices at the level of the previous month or slightly raise them.

Krones Recycling is spun off as an independent subsidiary company

Krones Recycling is spun off as an independent subsidiary company

On 1 July 2024, Krones Recycling GmbH, under the management of Dr Michael Gotsche, commenced business operations with headquarters in Flensburg. The newly founded company takes over all activities relating to plastics recycling, but continues to utilise Krones' global production, sales and service network.

Market players hoped for an increase in demand for PE

Market players hoped for an increase in demand for PE

Market players had hoped for increased PE demand due to summer activities in Europe, but they did not observe significant impacts. Nonetheless, this month is described as relatively active in PE and PP sales.

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