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, Europe, Materials Suppliers

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

Huntsman closing four pigment plants

March 5, 2015 3:36 pm ET

Huntsman Corp. is closing four plants — three in the U.S. and one in Germany — that make pigments for plastics and other markets.    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

Bayer to stop MDI production in Brazil

March 4, 2015 9:21 am ET

Bayer AG's Bayer MaterialScience plans to stop production of MDI polyurethane at its plant near Rio de Janeiro in July, removing 55 metric tons per...    More

Image

Best Places To Work: No. 6, Colors For Plastics

March 4, 2015 12:35 pm ET

Colors For Plastics, which now employs 115 people, started with one man who handled everything.    More

Image

Ineos to combine ABS unit with Styrolution in Americas

March 4, 2015 10:03 am ET

Global materials firm Ineos Group will combine its ABS resin business with its Styrolution unit in the Americas.    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