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Europe plastics upbeat despite eurozone woes

November 30/2011

( -- The leader of Europes trade association for plastics processors has highlighted the dangers of an obsession with the EUs financial woes and a neglect of the opportunities which can be created by our manufacturing sector.

Alexandre Dangis, managing director of Brussels-based European Plastics Converters (EuPC), said: The EU needs the political will to implement austerity measures for sure but governments and the media should recognize that large areas of the corporate manufacturing sector are performing well, generating profits and creating jobs. The mood in the plastics sector is upbeat, he said.

We are an incredibly lively industry, he said. We are developing products from new types of material such as bio-based plastics, we are finding ways to recycle more plastics products, using more recyclates in final applications, and we are using plastics in more demanding and challenging applications such as in aerospace, automotive and healthcare.

We are also in the lead in showing how our plastics products can help alleviate the effects of pressing issues such as climate change through the insulating qualities of plastics building products for more sustainable housing.
According to Dangis, the European Unions institutions can do more to boost the industrys business development potential. The creation of a Single European Market necessitated the harmonization of technical standards and all too often in this process the role of plastics in general or individually has been questioned

The Polymers Summit ICIS-MRC 2011 has been held today, on Nov, 30 in the Ritz-Carlton Moscow. The main topics of the reports were devoted to the development of petrochemical market and the strategy in the market of base polymers as well as launching new polymer productions.

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