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

Prices trending up for some recycled resins

July 24, 2014 1:27 pm ET

Plastics News is correcting prices for recycled grades of several commodity resins on this week's resin pricing chart.    More

Meredian merging with Danimer Scientific

July 24, 2014 1:59 pm ET

Bioplastics maker Meredian Inc. is merging with its sister firm, Danimer Scientific LLC.    More

Image

US Bioplastics receives funding to bring Gatoresin to the market

July 24, 2014 1:44 pm ET

Materials maker U.S. Bioplastics is hoping its Gatoresin product will take a bite out of the bioplastics market, thanks to funding from a state...    More

Image

BASF posts growth in second quarter

July 24, 2014 11:08 am ET

German chemical giant, BASF SE, has announced a 1 percent growth in sales for the second quarter of 2014 compared to the same period in...    More

Image

Bayer PC used for lightweight, durable luggage collection

July 24, 2014 10:52 am ET

Bayer MaterialScience has partnered with U.S.-based travel goods manufacturer Andiamo Luggage LLC to create a special plastic for suitcases that is sc...    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

More Events