Geopolitical Tensions and Supply Disruptions Fuel Polymer Price Volatility in Packaging

Geopolitical tensions, shipping disruptions and uncertainty over petrochemical production are complicating efforts by packaging manufacturers to control raw material costs and maintain reliable supplies. Polyethylene (PE), polypropylene (PP) and other petrochemical-based materials are widely used in flexible packaging, rigid containers, films and protective packaging. Changes in their price and availability can affect manufacturers, converters and brand owners across the global packaging industry. Regional conflicts, shipping delays and setbacks to petrochemical projects can make procurement planning more difficult, particularly for businesses dependent on imported resins or a limited number of suppliers.

View Article