Russian Plastics Processors Seek Government Support as Costs Rise

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Russia bioplastics

Russia’s polymer-processing industry is facing mounting pressure from weakening demand, rising costs, sanctions and logistical bottlenecks. Investment in equipment is plunging, while the number of plastics processors is beginning to decline. Industry representatives are calling for government support to help manufacturers manage deteriorating market conditions. The developments raise concerns about investment, production capacity and the long-term competitiveness of Russia’s domestic plastics-processing sector

Source

https://www.plasteurope.com/news/RUSSIA_t261153/

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