Plastics production on the rise

By Hamish Champ
PRW

Published: October 22, 2013 10:39 am ET
Updated: October 22, 2013 10:43 am ET

Related to this story

Topics Industry Trends, K 2013, Business News & Features

DÜSSELDORF, GERMANY — World production of plastics rose nearly 3 percent in 2012, according to figures from PlasticsEurope, the Brussels-based trade association.

Volumes rose from 280 million metric tons to 288 tonnes, said PlasticsEurope's executive director, Wilfried Haensel. In Europe the picture was more downbeat, with production sliding 3 percent and demand falling 2.5 percent, thanks to decreasing demand in key sectors such as packaging, building and construction and automotive.

Regarding difficulties Europe has experienced since the 2008-09 financial crisis, he said: "Even if we would have preferred a quicker recovery, we have so far managed to dodge the threat of globalization and remain competitive and innovative, thereby contributing 2.6 percent to Europe's GDP."

But he said lower energy and raw material prices remain "a substantial challenge."

Patrick Thomas, PlasticsEurope president and CEO of BayerMaterialScience, said 2013 would likely be viewed as one of stabilization while 2014 industry predictions suggested a "slight recovery."

PlasticsEurope also released data showing recycling and energy recovery rates of 26.3 percent (up 4.9 percent) and 35.6 percent (up 3.3 percent), respectively. Europe saw a total recovery rate of an average of 61.9 percent, up 4 percent vs. 2011.

Haensel pointed out that recycling and energy recovery vary significantly among European countries, with some recovering 100 percent of post-consumer waste and others, notably the U.K., could not reach 30 percent. In a business-as-usual scenario, Haensel said zero plastics to landfill could be achieved by 2037, but the industry is keen to accelerate this process.

"Can we afford to throw away 70 billion euros [$96 billion]? I don't think society can and nor should it," he added.


Comments

Plastics production on the rise

By Hamish Champ
PRW

Published: October 22, 2013 10:39 am ET
Updated: October 22, 2013 10:43 am ET

Post Your Comments


Back to story

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

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

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

More Events