China's plastic packaging market highlights an important role

China's plastic packaging market highlights the important role China is the world's largest fruit and vegetable production and sales country, but about 30% of the fruit in the process of storage, transportation, sales lost, which is the important reason for improper packaging, in the fierce market conditions The role of the plastic packaging market is becoming more and more important. Currently, polyethylene film and polypropylene film are the most widely used packaging materials for fresh fruits and vegetables.

It is understood that plastics play an important role in national urban infrastructure construction and high-speed railway construction, and the plastic packaging market continues to expand. The government attaches great importance to technological innovation, and the plastics processing industry is supported as a key industry in the light industry adjustment and revitalization plan. Therefore, the demand for plastic packaging will continue to rise. Some mature markets have begun to accept and popularize higher performance packaging bags. Lightweight is also the development trend of plastic packaging bags. The reduction of consumables and the light load of transportation make the cost lower, which meets the interests of producers. At the same time, for the market, lightweight packaging bags also bring new trends in environmental protection and convenience, which are gradually being promoted.

The development trend of the packaging industry has shifted from simple packaging to innovative packaging. With the improvement of economy and consumption, packaging bags are no longer simple products. Enterprises and consumers are improving the quality, materials and quality of their bags. The use of plastic bags in North America and Western Europe is already high, and changes in product mix will continue to support the continued growth in demand for bags in these regions.

British plastic packaging manufacturer RPC has agreed to acquire Icelandic plastics and parts manufacturer Promens Group for £307 million (386 million euros).

The Promens Group has 40 plants, 35 of which are located in Europe. There are about 3,800 employees.

RPC issued a statement saying its board believes that the acquisition of the Promens business is well suited for RPC, and the combination of the two businesses will create a strong European platform in the rigid plastic packaging sector.

Hard plastic packaging

RPC added that the acquisition extends RPC's business to multiple end markets, creating important opportunities to enhance compound growth, scale and reduce costs.

RPC said that the acquisition of Promens will bring niche technology to it. As the group expands further, its demand for polymers will also increase. It is estimated that the annual demand will increase from the original 325,000 tons to 445,000 tons, accounting for 4.5% of the total polymer production in Europe for rigid plastic packaging applications.

RPC Chairman Pim Vervaat said: RPC and Promens are a natural fit. We look forward to developing a larger platform that delivers higher value to our customers and shareholders in the future.

In addition, RPC also announced its half-year results: sales for the first six months ended September 30, 2014, sales rose 12% to 588.9 million pounds (743.5 million euros). In the same period last year, its sales were 524.7 million pounds (662.5 million euros). Profit before tax rose to 34.9 million pounds (44.1 million euros) from 30.1 million pounds (38 million euros) in the same period last year.

With the development of the economy and the improvement of people's living standards, the demand for commodity packaging bags is increasing, and the requirements for packaging bags are increasing. The demand for the use value of packaging bags is also increasing. The rapid growth of the output value of the packaging industry currently highlights the huge development prospects of the packaging industry.
Http://news.chinawj.com.cn Editor: (Hardware Business Network Information Center) http://news.chinawj.com.cn

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