Supply chain disruptions drive up prices of European flexible packaging materials in first quarter of 2024
Shipping disruptions in the Red Sea have had a significant impact on supply chains, leading to increased prices of European flexible packaging materials in the first quarter of the year.
European Parliament’s vote on PPWR is a step forward to encourage resource efficient packaging and boost packaging circularity
Today, the European Parliament approved the provisional EU agreement on the Regulation on Packaging and Packaging Waste (PPWR). Flexible Packaging Europe (FPE), representing flexible packaging suppliers across materials, welcomes this important step forward in the legislative process.
Prices of flexible packaging materials in Europe steady on high levels in Q4 2023
Although destocking ends in Q4 2023 demand is stabilising in 2024. The final three
months of 2023 saw a mixed set of results in prices for the basket of flexible packaging
materials used to assess markets across Europe.
Read more … Prices of flexible packaging materials in Europe steady on high levels in Q4 2023
Council sets ambitious targets for recycling at scale of flexible packaging but fails ensuring enabling conditions
Today, the Environment Council voted on a General Approach on the Packaging and Packaging Waste Regulation (PPWR) proposal. “After the vote in the European Parliament, we are glad to see the file making concrete progress also in the Council” states Guido Aufdemkamp, Executive Director of Flexible Packaging Europe.
European Parliament improves rules on packaging recyclability but takes a risky bet on recycled plastic content
Today, the European Parliament adopted its negotiating position on the Commission proposal for a Regulation on Packaging and Packaging Waste (PPWR). “This represents an important and long-awaited step forward in the legislative process which gets us closer to finalizing a text that will change the future of the way we package products for decades to come” states Guido Aufdemkamp, Executive Director of Flexible Packaging Europe.
Prices for Flexible Packaging materials have passed their peak but remain above their long-term trends
Having peaked midway through 2022 the basket of flexible packaging materials used to measure price levels have continued to decline in Q3 2023, following the trend seen in the first half of the year. While they are all still above the benchmark price set in Q4 2020 (100%) most have dropped by about 10% to 20% since the previous quarter, according to figures recently released by Flexible Packaging Europe (FPE).