{"id":61737,"date":"2022-05-05T13:40:04","date_gmt":"2022-05-05T11:40:04","guid":{"rendered":"https:\/\/packaging-journal.de\/?p=61737"},"modified":"2022-10-17T16:03:35","modified_gmt":"2022-10-17T14:03:35","slug":"renewed-demand-from-plastics-producers","status":"publish","type":"post","link":"https:\/\/packaging-journal.de\/en\/wiedererstarkte-nachfrage-bei-kunststofferzeugern\/","title":{"rendered":"Renewed demand from plastics manufacturers"},"content":{"rendered":"
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While plastics producers are currently having to adjust to the effects of the war of aggression in Ukraine, they have seen increased demand at home and abroad in 2021. Plastics Europe presented the latest figures and addressed the challenges facing the industry.<\/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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The year 2021, according to the outgoing Chairman of the Executive Board of Plastics Europe<\/a> Germany, Dr Michael Zobel, is of economic ups and downs<\/strong> This was characterised by the economic downturn, meaning that stability never really materialised. According to Dr Zobel, dampers due to renewed lockdowns, material shortages on the markets and strained supply chains were just as much reasons for this as significantly higher prices for primary products and energy.<\/p><\/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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Industry performs well<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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It was precisely in this context that the industry had a successful financial year, according to Dr Zobel. The Plastics production in Germany in 2021 up 17.2 per cent on the previous year to 21.3 million tonnes<\/strong>. The total turnover (domestic and foreign) of plastics producers rose by 33.8 per cent to 31 billion euros and resulted in equal parts from volume growth and higher prices.<\/p>

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According to Dr Zobel, the resilience of the industry was due to both the possibility, to be able to pass on some of the price increases due to high demand<\/strong>, This is also due to the flexibility of the companies - for example by switching their customers to plastics, which had a higher level of supply security, or with external purchases of primary products that are usually produced internally.<\/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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(Image: Plastics Europe) <\/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
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Effects of the war <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Dr Zobel made it clear that the Economic volatility of the pandemic period cannot be compared with the challenges and effects of the war in Ukraine in 2022<\/strong> is. For example, the Russian war of aggression in Eastern Europe jeopardises the security of raw materials, significantly increases the cost of energy and disrupts or even completely interrupts transport routes. Overall, significantly higher production costs combined with a gloomy global economy are threatening to cause a Slump in purchasing power and demand<\/strong>. According to Dr Zobel, the extent to which plastics producers will be able to pass on price increases in this environment as they did in 2021 is questionable.<\/p>