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In the Spotlight
AUTOMOTIVE INDUSTRY
Supply chains remain unreliable / Volatile demand affecting production more than usual
POLAND
Economic mood at all-time low / Coronavirus puts the brakes on automotive sector
Murphy’s law supports the statement “things get worse under pressure”. For the automotive industry – already facing heavy pressure in 2019 – this is certainly true right now. With a global... (04.06.2020)
Poland’s economy will be driven into a steep decline by the coronavirus crisis, threatening the country this year with its first recession since 1991. The economic consequences of the... (03.06.2020)
POLYURETHANE
Foam plants returning to production in May albeit at reduced rates
BIC
French plastics processor adopts additional cost-cutting measures / Raw material purchasing and investments under scrutiny
Polyurethane foam slabstock plants across Europe were in the process of reopening in late April and early May, but output is anticipated to be much reduced in May overall, according to the... (02.06.2020)
In view of significant declines in sales and earnings, BIC has imposed a substantial cost-cutting programme that goes beyond the “BIC 2022 – Invent the Future” restructuring that has been... (02.06.2020)
PLASTICS ECONOMY
Covid-19 impacts on the European plastics industry / Concerns for business performance change during crisis
CORONAVIRUS
Plastics industry sets its sights on face protection / “Overnight” mask and shield production scaled up
The coronavirus pandemic has resulted in some massive changes over a short time for many companies in the plastics industry. Various challenges have arisen from the current and expected... (29.05.2020)
Face visors and masks are indispensable protection now, especially for people exposed to the risk of infection with SARS-CoV-2 throughout the day. Face protection is also increasingly... (29.05.2020)
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Date of print: 06/06/2020
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