French and German plastic packaging industry face 'important challenges'

摘要

The plastic packaging industry is facing rising raw material prices and supply constraints, according to the German and French plastic packaging associations - IK and ELIPSO respectively. In a joint statement issued earlier this month, IK and ELIPSO said that both industries faced "important challenges" including the "new and pressing issue" of liquidity problems. "Over the past year, the prices of all plastics have been strongly and steadily increasing. Supply has been very tense in 2010, with a lot of declarations of 'force majeure' [greater force] from the suppliers. From 2011, fewer cases of shortage have been declared, but the frequent postponing of deliveries has led to higher costs at converters and has been very difficult to manage," read the statement.