{"id":59183,"date":"2022-03-21T15:00:12","date_gmt":"2022-03-21T14:00:12","guid":{"rendered":"https:\/\/packaging-journal.de\/?p=59183"},"modified":"2022-03-23T10:06:06","modified_gmt":"2022-03-23T09:06:06","slug":"plastic-packaging-manufacturers-fight-for-liquidity","status":"publish","type":"post","link":"https:\/\/packaging-journal.de\/en\/kunststoffverpackungshersteller-kaempfen-um-liquiditaet\/","title":{"rendered":"Plastic packaging manufacturers struggle for liquidity"},"content":{"rendered":"
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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.\u00a0<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Some raw material manufacturers have already drastically Price increases for important raw materials<\/strong> 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.<\/p><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201eWhile raw material suppliers insist on payment within a week, our members\u201c 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\",<\/p>

Dr Martin Engelmann<\/strong>, Managing Director of the IK Industrial Association for Plastic Packaging<\/a><\/p><\/blockquote><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Dr Martin Engelmann, Managing Director of the IK Industrievereinigung Kunststoffverpackungen.\n(Image: IK Industrievereinigung Kunststoffverpackungen) <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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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<\/strong> plastic packaging plays a major role.<\/p>

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\u201eThe 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 \u201esystemically relevant\u201c. This realisation also applies in the current crisis.\u201c<\/p>

Dr Martin Engelmann<\/strong><\/p><\/blockquote>

Source:\u00a0<\/em>Ik Industrial Association for Plastic Packaging\u00a0<\/a><\/p><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Further news on plastic packaging<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tWittmann presents flexible automatic sack emptying station\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tWittmann is increasing efficiency in granulate supply with a new automatic sack emptying station. The solution offers high flexibility and will initially be launched in Germany.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tReusable packaging as a strategic component in Europe's supply chains\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tReusable packaging is gaining importance in Europe's supply chains. With Tosca's solutions, companies can respond to rising costs and regulatory requirements.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tCoveris strengthens film production through the acquisition of GEFO\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tCoveris is expanding its production capacity for CPP films with the acquisition of GEFO in Germany. This move supports the company's strategy of offering sustainable packaging solutions.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tThe Frosch brand turns 40\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe Frosch brand is celebrating its 40th anniversary and remains true to its strategy: independence from petroleum. With plant-based ingredients and sustainable packaging, the company is setting standards.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tChile specifies rules for single-use plastics and beverage bottles\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tA key focus of the regulation is on reusable systems.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tStudy warns of plastic recycling gap in UK\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe British recycling capacity has already fallen by 22 per cent between 2023 and 2025.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"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.","protected":false},"author":1,"featured_media":59188,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"__cvm_playback_settings":[],"__cvm_video_id":"","rank_math_description":"Der Krieg in der Ukraine wirkt sich auf die M\u00e4rkte in Deutschland aus. Kunststoffverpackungshersteller sorgen sich um ihre Liquidit\u00e4t.","rank_math_focus_keyword":"Kunststoffverpackungshersteller,liquidit\u00e4t","rank_math_title":"","_earpaper_enabled":false,"_earpaper_voice_id":"","_earpaper_audio_url":"","_earpaper_audio_id":"","_earpaper_article_id":"","_earpaper_status":"","_earpaper_error":"","_earpaper_duration":0,"_earpaper_generated_at":"","csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[111],"tags":[57582,54,59142,59559,59448],"class_list":["post-59183","post","type-post","status-publish","format-standard","has-post-thumbnail","category-maerkte","tag-ik-industrievereinigung-kunststoffverpackungen","tag-kunststoff-und-verbunde","tag-news-express","tag-ukraine","tag-verpackung","cs-entry","cs-video-wrap"],"acf":[],"vimeo_video":null,"_links":{"self":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/59183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/comments?post=59183"}],"version-history":[{"count":0,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/59183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media\/59188"}],"wp:attachment":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media?parent=59183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/categories?post=59183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/tags?post=59183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}