The turbulent raw material supply situation has led Linpac Packaging (Featherstone / UK; www.linpac.com) to impose an increase in the cost of both its rigid and flexible packaging portfolio. The company is the latest in a number of converters which have had to lift prices as a result of the unprecedented wave of forces majeures that has hit Europe – Plasteurope.com has reported extensively.

Daniel Dayan, who became CEO of the packager in April (see Plasteurope.com of 15.04.2015), said, “Despite our ongoing efforts to improve efficiencies and the performance of our products through innovative design, the difficult cost situation we are facing means price increases have become inevitable.” The spate of FMs has tightened polymer supply at a time of strengthening demand, driving up the cost of both monomers and polymers, Linpac added.