Poland remains an important market for European plastics processing. Our share in the European plastics consumption is about 7.7%. The main sectors using plastic products are still the packaging industry and construction – they account for about 60% of the total plastics use. All this makes our companies particularly vulnerable to price fluctuations and they are seriously affected by them.
As Robert Rosicki CFO at Eurocast, points out: “The sharp drop in profitability this year is the direct result of galloping raw material prices, whose rate of growth was impossible to predict and subsequently to be reflected in the product prices. The same problem was faced by other processors operating on the plastics market, which is why profitability has declined across the entire industry.”
The end of the first edition of the cancer awareness programme “ONKOODPOWIEDZIALNI” fills us with optimism and satisfaction
A total of 100 ompanies have joined the action raising awareness of gynaecologic cancers. As a proud partner of the programme, Eurocast is pleased to be able to take part in it.
We would like to thank the organizers for very insightful meetings with medical professionals and the opportunity for our employees to have free cancer screening tests. This reminded all meeting participants how important it is to take care of their own health through regular preventive healthcare.
With the next edition of “ONKOODPOWIEDZIALNI” coming soon, we are very happy to encourage other socially responsible employers to join the programme. We encourage you to follow the campaign at www.onkoodpowiedzialni.pl
The plastic restriction associated with the EU SUP Directive will not be legally binding as of July 3
The legislative process has been delayed, but some companies have already started the costly process of re-profiling their operations and replacing machinery. What’s more, the plastics industry is facing a black cloud of a new tax, which from 2021 will amount to €0.8 for every kilo of plastic not processed.
Robert Rosicki, Member of the Board and CFO of Eurocast, explains to Dziennik Gazeta Prawan that at the moment the above-mentioned tax is covered by the state budget, but ultimately the cost will be borne by entities introducing plastic packaging to the market, and this will significantly affect the cost of manufactured products.
Read more: https://biznes.gazetaprawna.pl/artykuly/8201690,dyrektywa-plastikowa-jednorazowki-ograniczanie-uzywania-plastiku.html
The 16th edition of Street Challeng Sopot is behind us
On the 22nd of June there was a wonderful, intergenerational, sporting celebration. Street Challenge Sopot 2021 can be called a great success and we are glad that Eurocast, as a sponsor, could be a part of it.
We congratulate all the winners and thank all the great participants. We hope to see you next year during the next edition
Is there a chance that Eurocast will produce films only from recyclates?
We made a milestone in the production of films from recycled materials back in 2014 by investing in decontamination technology for recycled materials. Decontamination is designed to remove substances from recycled plastic that are harmful to humans and the environment, as well as any other “contamination” of the material. In accordance with EFSA and FDA standards, we get a high-quality, food-grade post-consumer raw material – so packaging can be made from 100% recycled plastic.
The fact is, however, that the mere desire to use recyclates won’t help much if they are not available to manufacturers. At present, it is difficult to source the quantities of recyclates that would cover our production capacity.
Read more about the changes and future plans at Eurocast at: Eurocast – wzrost w warunkach rynkowego niepokoju – Ekonomia – rp.pl
What is getting the most expensive? These are the main culprits behind inflation
In May, we recorded the highest inflation rate in 10 years, and as a result, absolutely everything became more expensive – the entire industry included.
Raw materials in the plastics market have reached unprecedented price values this year. PET, the most popular in production, has increased in price by more than 60 percent compared to its price at the end of 2020, and polypropylene has risen even more. However, the absolute phenomenon is the granulates of the commonly used polyethylene, whose prices have increased by more than 100 percent.
Today, plastics are not only used to produce packaging for food, medicine and household chemicals, but also to manufacture the majority of clothes, shoes, household items, furniture and the automotive industry is one of the key industries in terms of plastics consumption. It is hard to think of any industry where plastics are not a key raw material, which is why such high inflation is a bad sign for all of us. More expensive materials have a direct impact on product prices, which in turn affects customers.
The entire industry is in a difficult situation, but more about it on: https://businessinsider.com.pl/wiadomosci/co-najszybciej-drozeje-oto-glowni-winowajcy-inflacyjni/hm3sxzs
Best Practices OSH
Eurocast was honoured by the OHS monthly “Promotor BHP” in the “Best Practices” category. In an interview published in the April edition of the magazine, our CEO Krzysztof Wiśniewski talked about the good health and safety practices in place in our company, stressed the importance of teamwork, and described the changes in the company’s operations due to the coronaviruspandemic.
“I can see less and less of a division between ‘US’ – the employees and ‘THEM’ – the management. Employees know that their ideas and insights will always be heard.”
Read the conversation with our CEO in the latest issue of “Promotor BHP”.
EUROCAST has commissioned an innovative industrial laminating and coating
We are proud to inform that #EUROCAST has commissioned an innovative industrial laminating and coating machine that will further expand our state-of-the-art machine park.
EUROCAST is the first company in Europe to put into operation the multi-technology NOVA D800 LAMINATOR, which will boost the company’s production capacity. This also reaffirms EUROCAST’s place as the leader of innovation in the plastics processing industry.
The multi-technology Nova D800 laminator is a highly efficient machine for plastics processing delivering optimum performance with all run lengths and types of materials, both traditional and designed for recycling.
Apart from the aesthetic effect, aluminium oxides applied to the film significantly improve its insulation parameters, both in terms of oxygen and water vapour permeability, thanks to which the film-packed products remain fresh much longer. Hence, it is a solution dedicated to products that require protection for a long period of time. What’s more, all products produced in compliance with the applicable sanitary regulations, for example food products, that are packed in such film are also COVID-safe, as the coated film provides proper protection against the coronavirus.
Eurocast increases production capacity
Eurocast company responds to the growing market demand for rigid packaging by investing in a new APET extruder. Installation of a third machine for the production of rigid APET films will help to increase its production capacity by about 40%, which will meet the requirements of customers in the rigid films packaging sector.
The machine can produce films with a thickness of 180 to 1200 micrometers and a maximum width of 1050 mm (and thus, it is ideally suited to the needs of companies dealing in thermoforming). Its manufacturer is an Italian company Luigi Bandera. It is yet another device of this manufacturer at Eurocast factory, and it will allow for maintaining quality at the current very high level.
The new extruder will increase our capacity and help meet the growing demand from existing customers, but it will also get our products to markets inaccessible so farsays Krzysztof Wisniewski, president of the Eurocast company.
APET films are becoming increasingly popular as a material for food packaging due to their versatility, the fact that they provide superior product protection and – what is worth emphasizing – the possibility of recovery and recycling.
Majority of the works were completed according to schedule, and the sale of films produced on the new extruder began in mid-August. This investment is a continuation of the investment and development plan of the Company covering the period up to the end of 2018. This will allow to increase the company’s production capacity from 11 to 15 thousand tonnes. We strive to anticipate our clients’ needs and expectations by increasing flexibility while maintaining quality and service at the highest level – emphasizes Krzysztof Wisniewski.