German packaging trade group concerned about high energy costs

EUROPEAN PLASTICS NEWS

Published: July 5, 2013 10:29 pm ET
Updated: July 5, 2013 10:31 pm ET

Related to this story

Topics Packaging

High energy prices mean German packaging companies will face intense competition from abroad in the third quarter, according to the IK trade association.

Germany's IK Industrievereinigung Kunststoffverpackungen says increases to the EEG allocation (the amount of money companies pay for energy, designed to increase support for renewable alternatives) is making Germany plastic packaging companies suffer. The companies see themselves as being exposed to increasingly harsh international competition on the German market because of the prices, it says.

"The current concept of the energy policy turnaround with its mad costs for industry and consumers that have run out of control must be stopped at once," says IK managing director Ulf Kelterborn. "Else, a number of medium-sized businesses will be unable to maintain their production in Germany."

According to IK, power costs in France, for example, are half of what they are Germany.


Comments

German packaging trade group concerned about high energy costs

EUROPEAN PLASTICS NEWS

Published: July 5, 2013 10:29 pm ET
Updated: July 5, 2013 10:31 pm ET

Post Your Comments


Back to story


More stories

Image

Pactiv expanding in North Carolina

March 5, 2015 4:18 pm ET

Pactiv LLC is spending more than $24 million on an expansion project in North Carolina that will create 59 new jobs.    More

Image

VisiPak adds to customer mix, product offerings with Tulox acquisition

March 5, 2015 2:19 pm ET

VisiPak has acquired Tulox Plastics Corp., a maker of clear plastic packaging.    More

Image

PET makes it possible to have your beer and be sustainable too

March 5, 2015 10:45 am ET

PET could replace stainless steel beer kegs in a material swap product developers say will be more environmentally friendly and cost effective for...    More

Image

Shepherd named Thermoformer of the Year

March 4, 2015 11:32 am ET

Barry Shepherd, of Shepherd Thermoforming and Packaging Inc., is the newest Thermoformer of the Year.    More

Image

Clear Lam settles Doritos lawsuit

March 3, 2015 4:06 pm ET

Clear Lam Packaging Inc. has settled a months-old lawsuit against Frito-Lay Inc. alleging “breach of contract, false advertising, and misappropr...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events