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2017 Ushered In The Development Of Good European Plastics Packaging Industry!

- Mar 21, 2017 -

European society of the plastics industry's biggest IK recently made a research on the plastic packaging industry, 70% of the respondents think that the economic situation is good, 30% per cent of respondents expressed satisfaction with the economy.

According to IK research, European plastics packaging industry output value of nearly 14 billion euros a year, annual production of nearly 4 million tons of plastic products, as well as provide 90,000 jobs.

Plastic packaging industry 2017 of the economic situation

Raw materials are rising! up! up!

Expectations for the first quarter are equally positive. However, more than half of the respondents expected raw material costs will rise in coming weeks. IK thought it might be higher package price.

Recycling is overwhelming!

In addition, 2017 is closely related to the plastic packaging industry to sustainable development. 80% per cent of companies surveyed said they will further investment in energy efficiency, in an effort to improve the climate balance.

Energy subsidies

There is no doubt that compensate for the increased energy costs will be a big challenge. In particular, the German renewable energy levy that energy consumers looking for ways to cash flow – has reached a record high of 6.88 cents/kWh, for many companies to pressure Alexander.

IK UlfKelterborn, Managing Director also called on the German Government to take further measures: "the present subsidy model is more like a planned economy, and eventually need to be replaced by the free market.

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