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October 1, 2019
Outlook For Film And Sheet Industry
Outlook For Film And Sheet Industry
Film and Sheet Industry will go through some ups and downs in the future
There are bad news and good news for the film and sheet industry in the coming months. There are positive forces in the market which should support demand for these products, but also some negative forces which will constrain growth in the near term. There are many different products and end markets in the plastic film and sheet industry so it’s only natural that there will be a divergence in growth rates among different products, segments, and companies. As for the plastics industry as a whole, it’s in a period of a small downward trend beginning in the first quarter of this year. Many factors and variables have gone into this overall downward trend like the slowdown in global trade and the deselection of some plastic products like plastic bags. As for the good news in the industry, there is a recent upward trend in retail sales in grocery stores. A direct correlation can be found between demand in film and sheet products and retail sales at grocery stores. Many other positive forces in the market are contributing to the optimistic forecast of the plastic and sheet industry in the near future like the low-risk, low volatility investment opportunities.
To get more insight into the overall plastic film and sheet industry in the coming months click here.
To get more insight into the overall plastic film and sheet industry in the coming months click here.
October 2, 2019
Plastics Manufacturer Polykar Inc. is Expanding in Canada
Plastics manufacturer Polykar Inc. is planning for a big expansion in Canada
Polykar Inc. makes polyethylene film as well as compostable bags, garbage bags, and food and industrial-grade liners. The company’s first and only location is in Quebec so they have selected a 3-acre location in Edmonton, Alberta that will have a 30-million-pound-per-year capacity. This location will be able to serve its customers in Western Canada and the United States. The second plant will also provide faster delivery, higher production capacity and manufacturing capacity in that region. The $20 million total investment will create dozens of jobs before and after construction. Polykar is still working on expansion projects in the hope to bolster its overall capacity.
To read more about this Plastics and Films company's new location and expansion, click here.
To read more about this Plastics and Films company's new location and expansion, click here.
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