European plastics production rose by 1.5 percent in 2014, according to trade group PlasticsEurope.
The organization presented its most recent economic data for the plastics industry at a recent round table in Brussels, showing the overall trends for 2014 and 2015 across the continent.
European plastics producers benefited from the recovery of its customers industries such as automotive sector, electrical appliances and construction; gaining momentum in the second half of 2014.
A gradual but positive growth trend is expected to continue with a 1 percent rise forecast for 2015.
PlasticsEurope executive director Karl-H Foerster said: “The plastics industry is a key contributor to the reindustrialization of Europe due to its knock-on effect on other key areas of the economy.
“Access to competitive energy and raw materials, support for innovation and training, investment in innovation as well as a consistent and complementary regulation will create the right conditions for our industry to continue to make a meaningful contribution to European economy and society at large.”
