Plastics prices soar 30 percent

Suppliers plan to pass cost increases along

Frankfurt, Germany. Add the rising price of plastics to the list of troubles facing the automotive industry.

Purchase prices for polyamides and polypropylenes rose up to 30 percent in 2004, according to the German association of the plastics processing industry.

Polyamides are used to make wheel arches and airbag cases, while polypropylenes are used for bumpers. There have already been delivery bottlenecks specifically for polyamides.

BASF of Ludwigshafen, Germany, is negotiating to pass on "a good part" of the price increase to its customers within the automotive supplier industry.

Dieter Seipler, chairman of the board of directors at Mann + Hummel, plans to pass on the double-digit price increase to car manufacturers in the form of special material surcharges.

Bernd Gottschalk, president of the German auto industry association (VDA), is worried: "This is all happening to us at a time when we don't have not much leeway."

Tags: Suppliers

ATTENTION COMMENTERS: Automotive News has monitored a significant increase in the number of personal attacks and abusive comments on our site. We encourage our readers to voice their opinions and argue their points. We expect disagreement. We do not expect our readers to turn on each other. We will be aggressively deleting all comments that personally attack another poster, or an article author, even if the comment is otherwise a well-argued observation. If we see repeated behavior, we will ban the commenter. Please help us maintain a civil level of discourse.

Email Newsletters
  • General newsletters
  • (Weekdays)
  • (Mondays)
  • (As needed)
  • Video newscasts
  • (Weekdays)
  • (Weekdays)
  • (Saturdays)
  • Special interest newsletters
  • (Thursdays)
  • (Tuesdays)
  • (Monthly)
  • (Monthly)
  • (Wednesdays)
  • (Bimonthly)
  • Special reports
  • (As needed)
  • (As needed)
  • Communication preferences
  • You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.