The price of some plastic raw materials has increased up to 98%"

The president of Acoplásticos, Daniel Mitchell revealed that the blockades due to the strike have left losses of $350,000 million.

Allison Gutiérrez Núñez

The plastics industry in the world has reported an increase in prices in its inputs due to the volatility of oil and the increase in the cost of freight international, especially from Asia, due to the shortage of containers. As revealed by the president of Acoplásticos, Daniel Mitchell, the prices of some materials Premiums have increased this year up to 98%, as is the case of polystyrene. Similarly, PET has had a significant increase in 2021, of 52%; the PVC, of twenty%; low-density polyethylene, 56%; and high-density polyethylene, 70%.

This, in the words of Mitchell, brings a positive impact to the recycling markets, but the general sector is having a bad time, because, due to the blockades due to the national strike, companies have had losses of $350,000 million.

“The situation in Buenaventura is dramatic because they have not been able to import and export raw materials. There has been a very strong shortage of packaging and containers for essential products,”

he said. This is the case of Alejandro Leal, manager of Enpacol, which since 2014 has been selling containers for the food and cleaning sectors.

“The acts of vandalism have affected us, the clogging of roads does not allow us to reach our clients and our employees have difficulties going to work. The damages exceed $400 million in the time that the strike has been going on,”

said the businessman. Additionally, a survey carried out by Acoplásticos showed that 94% of the companies have had a high impact on their normal performance due to the blockades.

Source:

The republic “Acoplásticos, Daniel Mitchell” (June 09, 2021). https://www.larepublica.co/empresas/el-precio-de-algunas-materiales-primas-del-plastico-ha-aumentado-hasta-98-este-ano-3182343″