Page 20 - Plastics News December 2019

AipmA At work

Country name Current status and outlook for the plastics industry Current issues affecting plastics industry
● Micro plastics
● Chemical safety-TiO2 and Azodicarbonamide
● Industrial health and safety
Europe General Economic Indicators:

Current GDP : 709,264.8 USD Mn
● Unemployment rates are expected decreased from ● Working group 20 ”Environment” at the Ministry
6.3% in 2017 and 5.2% in 2018 to 5% in 2019 of Environment and water - leading Bulgarian
institution for Working group
● Production of plastic products decreased to 380k ● Environment of the council of European affairs
tonnes in 2018 from 407K tonnes in 2017. - development of draft framework positions on
environmental issues.
● ●Production of raw materials decreased to 62K ● EU Plastics Strategy:
tonnes in 2018 from 73K tonnes in 2017.
- Best approach to promote a substantial increase
● ●Trade balance of plastic products has increased to in the use of recycled plastics.
59K tonnes in 2018 from 38K tonnes in 2017.
- Measures at EU level providing economic incentives
for businesses to develop more sustainable plastic
products.
● Directive (EU) 2019/904 of the European Parliament
and the Council of 5 June 2019 on the reduction
of the impact of certain plastic products on the
environment
EU levy on non-recycled plastic packaging

China According to the first half of 2019:
● Operating revenue : RMB 31.7 Billion , decreased ● International trade frictions affect the industry
by 5% chain in the world.
● Operating cost: RMB 24.8 billion decreased by 3% ● Recycle economy brings large amounts of new
development opportunities to plastic industry
● Total profit : RMB 2.8 billion decreased by 20% ● Imperative demands for the outstanding technical
and management talents.
● Total import of major plastic machinery equipment
: 989 USD million, decreased by 2%
● Export of major plastic machinery : 1.24 USD billion,
rose to 4%
● Injection molding machines import declined by 16%
and export declined by 5%
● Extrusions machines import rose to 1% and export
declined to 4%
● ●Blow molding machines import rose by 2% and
export rose to 6%
● Plastic hollow molding machines import declined to
5% and export declined to 2%
● Plastics calendar molding machines import declined
24% and exports declined to 22%.

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