Over the past seve­ral months, the world has under­go­ne dra­stic chan­ges as we have coll­ec­tively coped with the effects of COVID-19.

Many count­ries and regi­ons are con­ti­nuous­ly under the thre­at of COVID-19. The Car­bon black indus­try has also been impac­ted on both the raw mate­ri­al sup­p­ly chains and the demand side. Due to the COVID-19 out­break, most indus­tries stopped/delayed pro­duc­tion at some point.

(1) The pla­s­tic indus­try has been expe­ri­en­cing a resur­gence in self-con­­fi­­dence. Befo­re the Coro­na­vi­rus pan­de­mic, poli­ti­ci­ans were more con­cer­ned about how to redu­ce the use of pla­s­tics and whe­re their use should even be pro­hi­bi­ted, howe­ver the IK Indus­trie­ver­ei­ni­gung Kunst­stoff­ver­pa­ckun­gen (Ger­man Asso­cia­ti­on for Pla­s­tics Pack­a­ging and Films) sur­vey­ed its mem­ber com­pa­nies on the effects of the Covid-19 cri­sis at the end of April. The ans­wers of the more than 120 most­ly medi­um-sized com­pa­nies show how dif­fer­ent­ly the manu­fac­tu­r­ers of pla­s­tic pack­a­ging are affected:

  • Almost 50 per­cent of the com­pa­nies repor­ted an increase in orders (ran­ging bet­ween 10-20 percent)
  • 37 per­cent of the com­pa­nies sta­ted that they had fewer orders overall.
  • 1/4 of all com­pa­nies repor­ted decli­nes of more than 20 percent.

While the manu­fac­tu­r­ers of sys­­tem-rele­­vant pack­a­ging for food, phar­maceu­ti­cal and medi­cal pro­ducts were in some cases coming up against capa­ci­ty limits, sup­pli­ers to the auto­mo­ti­ve indus­try were con­fron­ted with a con­sidera­ble decreased demand. Other indus­tries were also stron­gly impacted.

Most com­pa­nies are alre­a­dy pre­pared for the poten­ti­al reper­cus­sions of the second Coro­na wave. Com­pa­nies have taking pre­cau­tio­na­ry mea­su­res in pre­pa­ra­ti­on for a second wave, pay­ing increased atten­ti­on to liqui­di­ty and depen­dence on upstream sup­pli­ers (1).

Despi­te the cur­rent so-cal­­led second COVID-19 wave, Pen­ta­Car­bon GmbH wit­nessess a signi­fi­cant growth for Car­bon Black Demand in the 4th quar­ter of 2020.

Pen­ta­Car­bon GmbH is loo­king for­ward to exten­ding suc­cessful part­ner­ships with its cus­to­mers, with a main focus on pro­duct– and ser­vice improvement.

Plea­se cont­act us for an indi­vi­du­al tech­ni­cal con­sul­ta­ti­on or pro­duct recommendation.

 

(1) Source: GTAI - Ger­ma­ny Trade & Invest

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