'Strategies For Survival' - The Challenges Facing the European Plastics Sector.BRUSSELS, Belgium -- A New Report Prepared by the Economist Intelligence Unit The Economist Intelligence Unit (EIU) is part of The Economist Group. It is a research and advisory company providing country, industry and management analysis worldwide and incorporates the former Business International Corporation, a U.S. and Sponsored by Alastian, Analyses the Commodity Plastics Market in Europe and How Users and Producers Are Meeting Its Challenges Oil price instability, competition from new players in the Middle East and Asia, cyclical cyclical Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements. over-capacity: these are some of the factors that are driving important changes in the way commodity plastics are produced and converted in Europe. These developments and the way plastics producers and converters are responding to them are the subject of a report published today by the Economist Intelligence Unit, a leading source of business analysis and information. The report, entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: Keeping competitive in commodity plastics - strategies for survival in Europe, was sponsored by Alastian, a new 'no-frills' e-business channel for experienced users of polyethylene polyethylene (pŏl'ēĕth`əlēn), widely used plastic. It is a polymer of ethylene, CH2=CH2, having the formula (-CH2-CH2-)n and polypropylene polypropylene (pŏl'ēprō`pəlēn), plastic noted for its light weight, being less dense than water; it is a polymer of propylene. It resists moisture, oils, and solvents. . The report identifies several 'strategies for survival' being adopted by European plastics producers and users, and describes the role played by 'no-frills' operations like that of Alastian in cutting transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). and boosting efficiency in the distribution process. The report also notes other strategies, including consolidation - especially among the fragmented converter sector - as well as supply-chain integration and the use of technical innovation to increase productivity. "This report offers a useful analysis of the forces behind change in the European plastics market and its prospects for the future," commented Niels Nielsen Niels Nielsen may refer to:
"We're also hosting a webinar (online seminar) on June 20th to discuss the issues raised by the report. We invite people to take part in the webinar and put questions to a panel of sector specialists." Details of how to join the webinar are also available at http://futureoftheindustry.alastian.com http://www.alastian.com |
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