Wittmann pleased with positive results
The Fakuma 2024 in Friedrichshafen was a success for the Wittmann Group. The number of visitors was highly satisfactory, and the order volume placed at the fair was on a par with that or the Fakuma 2023.
The Fakuma 2024 in Friedrichshafen was a success for the Wittmann Group. The number of visitors was highly satisfactory, and the order volume placed at the fair was on a par with that or the Fakuma 2023.
The fourth edition of the Sustainability Report provides a wealth of interesting facts and figures about Arburg, its values and its successful sustainability activities in 2023.
The latest data from Plastics Europe’s The Circular Economy for Plastics: A European Analysis report shows that while the circular transition of the plastics system is picking up pace, there is still much to be done.
European PE producers plan to increase prices next month in line with rising ethylene rates. According to Chem-Courier forecasts, the value of ethylene is expected to advance by €20-25/t in August.
European producers of LLDPE and LDPE plan to increase prices next month in line with the rise in ethylene costs.
NPE2024: The Plastics Show, announced its final registration and paid exhibit space results data, totaling 51,396 registrants and 1,106,767 square feet respectively.
Market players had hoped for increased PE demand due to summer activities in Europe, but they did not observe significant impacts. Nonetheless, this month is described as relatively active in PE and PP sales.
Villa Arconati hosted the annual Members Assembly of Amaplast – the national trade association affiliated with Confindustria .
Latest figures show that the growth rate of total European installed plastics recycling capacity went down from 17% to 10% year on year in effect giving 12.5 million tonnes in 2022.
According to traders, clients have been ordering both large lots of several hundred tonnes and small ones of under 24 t delivered on pallets.
Despite raw material depreciation, converters did not buy more, they continue to purchase raw materials only on an as-needed basis. Some of them are using the stocks built during previous months
Chem-Courier forecasts polyolefins to hold their value until the end of the month.