Raw Material News
Packaging and Adhesives Industries Share Raw Materials Woes
Rising crude oil prices and falling natural gas prices are setting the stage for tight supply and higher costs for raw materials used in packaging.
Packaging professionals have had a lot to worry about in recent months. Rising raw materials costs have been high on the list of concerns. While packaging adhesives may be seen as secondary raw materials to the industry, many of the factors driving adhesives prices higher are also affecting primary packaging raw materials, like resins, films and bottles. Understanding the forces behind the recent cost inflation can help packaging professionals better prepare for the challenges of potential supply disruptions and certain rising costs that lie ahead.