Treofan concludes insolvency proceedings
In future, the company will operate under the name Polyopt GmbH.
Read more "
The war in Ukraine is having an impact on the markets in Germany. Manufacturers of plastic packaging are also affected and have to manage their liquidity accordingly. Natural gas shortages and rising electricity costs in particular are also leading to price increases in the production of packaging and films.
Some raw material manufacturers have already drastically Price increases for important raw materials such as polyamide and EVOH, which are irreplaceable for food packaging, for example. The costs can often only be passed on to customers with a long delay, if at all. This leads to liquidity problems for medium-sized companies.
„While raw material suppliers insist on payment within a week, our members“ customers often take several months to settle their invoices. In the current crisis, this financing gap is beyond the means of many medium-sized manufacturers. We are therefore appealing to both raw material suppliers and customers to adjust their payment terms at short notice",
Dr Martin Engelmann, Managing Director of the IK Industrial Association for Plastic Packaging
In the latest IK member survey, almost 80 per cent of packaging manufacturers rate the current earnings situation as poor. Particularly in the Supplying the population with food and medicines plastic packaging plays a major role.
„The consequences of the terrible war in Ukraine are exacerbating the situation for plastic packaging manufacturers, who have been suffering from a shortage of raw materials and dramatically increased energy prices for a year now. Many medium-sized companies in the industry feel that their existence is under threat. If production is no longer profitable due to high energy and raw material costs and machines are switched off, important supply chains are in danger of being torn apart. During the coronavirus pandemic, politicians recognised that packaging is „systemically relevant“. This realisation also applies in the current crisis.“
Dr Martin Engelmann
Further news on plastic packaging
Waste disposal associations support plastic levy
The planned plastic levy in Austria is intended to incentivise recyclable packaging.
Read more "
Mandatory testing in the single-use plastics fund meets with widespread criticism
In a letter to politicians and ministries, associations criticise disproportionate bureaucracy, high additional costs and considerable burdens.
Read more "
DUH calls for a switch to reusable plant transport
Deutsche Umwelthilfe (DUH) is calling for a switch to reusable pallets in plant transport. The EU stipulates reusable pallets from 2030, but many retailers are still hesitant.
Read more "
France postpones plastic ban on disposable cups until 2030
France adjusts the timetable for reducing plastic in disposable cups.
Read more "
Borealis invests in recyclable plastics production
Borealis is investing 49 million euros in Burghausen to produce recyclable monomaterial plastics using Borstar Nextension technology.
Read more "