article thumbnail

Prices rise for polyethylene, PET

Plastics News

From 2019-21, almost 40 percent of the region's overall PE production was sold into export markets, with that amount reaching a record 21.1 Strong seasonal demand for bottled water and other beverages played a role in lifting PET prices in 2022, as well as a lack of new capacity and freight and logistics challenges.

article thumbnail

Commodity prices rise; engineering resins drop

Plastics News

From 2019-21, almost 40 percent of the region's overall PE production was sold into export markets, with that amount reaching a record 21.1 Strong seasonal demand for bottled water and other beverages played a role in lifting PET prices in 2022, as well as a lack of new capacity and freight and logistics challenges.

Sourcing 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Most commodity prices drop, but PE stays flat

Plastics News

Strong seasonal demand for bottled water and other beverages played a role in earlier PET price increases, as well as a lack of new capacity and freight and logistics challenges. CP Chem will have a 51 percent stake in the JV, which was first discussed publicly in 2019. billion pounds.

article thumbnail

Coca-Cola in Mannheim: new returnable glass line from KHS optimizes highly complex sorting processes?

Dinesh Mishra

When in July 1950 beverage retailer Wilhelm Müller procured the bottling rights for Coca-Cola in Germany, he established the entrepreneurial basis for the production site that can still be found in Mannheim. In 2018 and 2019 we invested around 50 million euros in two new filling lines. High-tech in Mannheim. Intelligent decrater.