The supply of raw materials is turbulent. With the sharp increase in costs, the packaging prices of rigid and flexible packaging materials will definitely rise. The British Licpac Group began to raise the price of packaging products, which is one of the signs.
The Linpac Group has 18 plants worldwide. The British Linpac Group issued a statement on June 11th, “The recent supply chain of raw materials is volatile. As the cost rises, the price of hard and soft packaging will rise.†Due to a series of force majeure events, the cost of European polymers has risen. The supply is tight, European plastic packaging manufacturers have begun to raise product prices.
Supply chain turbulent British companies raise packaging product prices The company's purchasing director BartStubbe said: "Since March, the European petrochemical industry continues to encounter production problems, resulting in tight polymer supply, coupled with increased demand, promote monomer and polymerization Prices have soared. Our suppliers have issued a series of reports of force majeure, and sometimes the supply of products is in short supply, and polymer prices across Europe have risen across the board."
Company CEODanielDayan said: "We are proud to provide reliable, high-quality fresh food hard and soft packaging solutions to retailers, packaging companies and distributors around the world. Although we continue to take measures to improve our products through innovative design. Efficiency and performance, when the cost status makes the price increase inevitable."
In May, Polifilm GmbH of Germany also attributed its new price increase, which began on May 1, to the force majeure statement issued by polymer manufacturers.
Jorg Wingefeld, Technical Films Manager at Polifilm, said: "The statement of force majeure we received not only led to an increase in raw material prices, but also caused a supply bottleneck that directly affected our customers. Ensuring adequate supply of raw materials is our current It is imperative.†Polifilm specializes in the production of laminate films and label films. The company has seven plants worldwide.
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