Force Majeure regeert in EU kunststof verpakkingen

A high number of Force Majeure declarations from European polyolefin producers has been leading to low product availability, shortages and inevitably to significant price increases, reports the European Plastics Converters Association EuPC.
A Force Majeure is defined as an extraordinary event or circumstance beyond control of the supplier or act of God such as a war, strike, riot, crime, flood, earthquake, etc. Under these circumstances a supplier is relieved from fulfilling its contractual obligations towards its customer. A recent article in Plastic News provides a good overview on the factors which affect the supply, including the weak Euro and increasing demand.
Klik hier om het Plastic News artikel te downloaden (1,08 MB).

Heeft u vragen over dit onderwerp, neem dan contact met ons op via e-mail of bel: +31-(0)182-512411. Dit bericht is ook opgenomen in ons maandelijkse overzicht, de NVC Members-only Update.