
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.
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.
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).
At its summer conference, held this year in Thessaloniki, the members of Flexible Packaging Europe (FPE) re-elected Jakob A. Mosser to the Chair. He was first elected in 2020. Also continuing their terms of office are Vice-Chairs Michele Guala and Michael Zacka.
Read more … Officers re-elected to serve another term in 2023/5 at Flexible Packaging Europe
Following the first signs of cooling prices for flexible packaging materials seen at the end of 2022, the first quarter of 2023 saw a drop across the basket of materials, with only aluminium foil ticking up further (from 179% to 187% v Q4 2020)* due to higher conversion costs.
The last three months of 2022 saw declines in the price of some flexible packaging materials, as demand stabilised amid continued uncertainty about the global economic outlook and energy costs. After the peaks mid of 2022, most substrate prices registered single digit declines, according to figures released recently by Flexible Packaging Europe (FPE).
Read more … Last quarter of 2022 sees only slight relief in prices for flexible packaging materials