Purchasing.com Warns of Price Hikes for Plastic Packaging

On October, 6, 2005, purchasing.com indicated that the impact of Hurricane Katrina on industrial buyers could be greater than any prior hurricane on record. In fact, purchasing managers should plan on short supplies and higher prices for a wide range of energy products, manufacturing commodities, downstream mill products of all varieties and key construction materials.

Plastic Products

According to purchasing.com, there are an estimated 260 plastics processing plants in the affected Gulf Coast and southern Florida area. Many facilities will continue having trouble getting resins, operating injection molding and other processing machinery and/or shipping finished parts and packaging materials to buyers.

In addition, prices for the oil-based resins used in plastic packaging have increase by 30% since 2004 and are expected to rise in even further due to damage caused by Hurricane Katrina.

Switching to corrugated packaging can save you money! In addition, corrugated:

• Offers more product protective versus rigid plastic.
• Can be custom-designed to meet your shipping needs.
• Often weighs less than plastic containers, so it costs less to ship.
• Eliminates back-shipping—the containers don’t have to be returned and re-used. (They also don’t need to cleaned and sanitized prior to re-use.)
• Is green—about 74% of all corrugated is recovered for recycling.

Click here for more information about the advantages of corrugated.

If you are interested in a quote, fill out our quote form. If you would like to speak with representative, email us at info@servicecontainer.net.