economy
April 1, 2026
War in Iran also affects plastic packaging production
Producers of plastic packaging and films in Germany and beyond are facing serious shortages of oil-based raw materials due to the war in Iran, leading to price increases and threatening the business of companies throughout the industry.
TL;DR
- Plastic packaging and film manufacturers in Germany and beyond face serious shortages of oil-based raw materials.
- The war in Iran is cited as the cause, leading to price hikes and supply disruptions.
- Companies, particularly small and medium-sized ones, are struggling with supply security and business stability.
- Suppliers are invoking force majeure, halting deliveries or drastically increasing prices.
- Most companies cannot pass increased costs to customers, squeezing profit margins.
- The crisis threatens the survival of many firms and could have wider consequences for industrial production in Europe.