Latest news and articles about plastic industry from NEX English
The Indonesian government has announced a series of measures to tackle the ongoing rise in raw material prices for plastics, driven by global geopolitical changes. This was revealed during a press conference at the presidential palace in Jakarta.
American companies producing plastic packaging are facing increasing pressure due to the ongoing war in Iran, which has led to a severe shortage of essential materials. This shortage threatens production continuity and raises costs, negatively impacting the market.
The ongoing war in Iran is reducing global oil flow, negatively impacting the petrochemical industry, which is the primary source for many types of plastics. This situation raises consumer concerns about the future of plastic materials and packaging.
The global plastic industry faces unprecedented challenges due to shocks in the petrochemical market. These changes are affecting prices and production, raising concerns among both investors and consumers.
The global plastic industry is facing a new supply chain disruption, raising concerns about negative impacts on markets. This comes at a time when the industry is already grappling with multiple challenges, putting it to a tough test.