Situation in the European plastics industry
Largely optimistic mood despite supply crisis and pandemic issues in Europe / Cautious willingness to invest, outlook good for staffing.
Global plastics revolution
An international academic and industry research consortium securing €12 million across two EU and China funded projects targeting problematic multi-layered plastics.
European plastics companies withstand Covid-19 in H1
To gain insight into the European plastics industry’s business performance and outlook, PIE – Plastics Information Europe conducted its half-year readers survey from 15 June to 17 July 2020. Across regions and plastics sectors, a surprising number of companies showed economic resilience to the coronavirus. Two thirds of over 140 respondents surveyed reported that business performance in the first half of 2020 was the same as that in the first half of 2019, while only 13% said it was worse.
Covid-19 impacts on the EPI
Covid-19 is impacting the European plastics industry in various ways. More than three quarters of plastics companies reported lower sales this spring compared to April 2019, with around half facing a sales decrease of at least 20%. While the public backlash against plastics has been a worry for most of the plastics sector over the past several years, a majority of European businesses stated that the pandemic is positively impacting the public image of plastics.
PLAST 2021: THE ORGANIZATION PROCESS RESTARTS
After the suspension of all non-essential activities due to the Covid-19 pandemic, organization commences for PLAST 2021-international exhibition for the plastics and rubber industries, taking place in Milan from the 4th to the 7th of May of next year.