German resin makers saw improved sales, production in 2013

David Vink
EUROPEAN PLASTICS NEWS

Published: May 16, 2014 10:31 am ET
Updated: May 19, 2014 7:59 am ET

Related to this story

Topics Materials, Materials Suppliers, Europe

German plastics materials producers saw a business turnaround in 2013, following a decline in production and sales in 2012.

Production volume increased by 1.7 percent to 19.8 million metric tons in 2013, while total sales at German producers rose by 5.8 percent to 26.7 billion euros $36.6 billion) due to increased energy and raw material costs, the PlasticsEurope Deutschland trade association announced at a briefing on May 14.

The growth in 2013 contrasted with a contraction in 2012, when production fell by 3.6 percent to 19.5 million metric tons and sales slipped by 0.8 percent to 25.1 billion euros ($34.4 billion).

At 7.5 percent, turnover grew faster for German producers’ overseas operations in 2013, compared with 3.7 percent in domestic growth. Exports from Germany rose 1.9 percent to 12.2 million metric tons, while imports increased 1.8 percent to 8.5 million tonnes, resulting in an 8 billion euro ($10.9 billion) export surplus. As in 2012, European Union states accounted for 72 percent of exports and 87 percent of imports.

Josef Ertl, chairman of PlasticsEurope Deutschland, said there are clouds on the horizon and opportunities for Germany’s polymer producers.

Risks include: continuously rising energy costs; E.U. policies too often perceiving plastic as causing problems rather than providing solutions; and the political crisis in Ukraine. For these reasons, alongside South American instability and cooling of the Chinese economy, Ertl told European Plastics News there are too many uncertainties for the association to forecast 2014 results, beyond expecting further increased production.

Nonetheless, a representative survey showed more than two-thirds positive about plastics and the plastics industry — 71 percent for plastics as a material and 68 percent for the plastics industry.


Comments

German resin makers saw improved sales, production in 2013

David Vink
EUROPEAN PLASTICS NEWS

Published: May 16, 2014 10:31 am ET
Updated: May 19, 2014 7:59 am ET

Post Your Comments


Back to story


More stories

Image

2014 sees modest sales increase, but profit decrease, for Dow Chemical

January 29, 2015 4:20 pm ET

Dow Chemical Co. delivered modest sales growth in 2014, but the firm's profit took a tumble.    More

Image

Resin prices continuing to tumble

January 29, 2015 2:24 pm ET

The ongoing slide in crude oil prices is taking commodity resin prices down as well.    More

Image

Materials firms look for stock rebound

January 29, 2015 1:52 pm ET

DuPont Co., A. Schulman Inc. and Rogers Corp. thrived amid the stock market chaos of 2014, but the other 12 publicly held materials firms tracked by...    More

Image

Chemtrusion, Mytex Indiana compounding plant set for expansion

January 29, 2015 1:35 pm ET

Japanese and American partners in a compounding plant in Indiana plan to expand the facility.    More

Image

DuPont-Chenguang JV to produce fluoroelastomers in China

January 29, 2015 12:30 pm ET

DuPont Fluoropolymer Solutions and Zhonghao Chenguang Chemical Research Institute Co. Ltd. are proceeding with a 50-50 joint venture to serve the fast...    More

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