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PET Packaging Market

A chart showing the price of paraxylene. It demonstrates the price gap between Asian-origin product (the gold baseline) versus (red) European and (blue) US product.

7 min read

Western PET Sector Profit Loss 2023: How Much and For How Long?

PET industry participants in Europe and North America are locked in a fight for survival. What can the PET sector do to improve its outlook for 2024?...

Graph showing PTA exports from China to India.

3 min read

India Halts Imports for Key Intermediate Chemical from China

Plastics, packaging, textiles and automotive manufacturers in India are currently prohibited from sourcing purified terephthalic acid from mainland...

Imports to the EU per origin country for PET used in plastic packaging.

1 min read

PET & Its Raw Materials: Outlook for 2023, & 2022 in Review

As we look to the PET sector's high season - Q2 2023 - market participants will be keen to lower the paraxylene cost disparity compared to Asia. It...

Image shows Ukraine, Russia Belarus and some surrounding countries

7 min read

Chemical industry: Russia–Ukraine war impact analysis July 2022

Russian-origin raw material for unsaturated polyester resin (UPR) production is entering Turkey before sale to European buyers as end product....

Image shows an infographic of the potential for wood-based materials to replace traditionally used materials liek plastic and aluminium

4 min read

Paper-Polymer-Plastic: A New 'Rock Paper Scissors' Game for the Packaging Sector

A report from the US Department of Agriculture’s (USDA) BioPreferred Program estimates that new sustainable products and practice within seven...

5 min read

Sustainability Boost from Promising Profit: Concept to Reality Bio-PET

The largest PET producers reported extraordinary results in 2021 and Q1 2022. Along with improved profitability, all the companies provide extended...

Image shows a venn diagram of biodegradable and biobased polymers and polymer family groups. Image credit. The association, EuropeanBioplastics

3 min read

Plastic Packaging Material That Is Both Sustainable and Biodegradable

Ideally, plastic packaging should be both biodegradable and produced in a sustainable way, but this is rarely the case. Bio-PET is partially...

Graph showing the Global PET and raw materials market in 2022.

2 min read

Profitability in 2022: West Welcomes Sharp Improvement

There is exceptional profitability for products in the polyester chain in Europe and the US today. Heightened local prices and good profits are...

1 min read

PET Supplies Range from Tight to Short to Balanced to Long. Where Are You?

Supply limitations, logistic constraints and varying demand patterns have created different scenarios for PET in each region. The South American...

Chart indicating movement in the European Polyester chain.

1 min read

High Prices and Tight Markets for the European Polyester Chain

The concerns relating to the availability of PET in December, as European producers struggled to bring plants back online following scheduled...

Chart showing PET prices in 2020.

1 min read

PET in Latin America - Will High PET Prices Continue?

As we moved into the Q4 2020, outstanding demand of PET in the US has improved the performance of producers in America. Not only in the US and North...

1 min read

PET Negotiations: Trends for 2021

Negotiations for 2021 contractual deliveries continue in Europe and the US with unexpected issues modifying the positions of sellers and buyers....