IK Industrievereinigung Kunststoffverpackungen e.V. : Energy deteriorates economic framework conditi

IK Industrievereinigung Kunststoffverpackungen e.V. : Energy deteriorates economic framework conditions

ID: 275380

(firmenpresse) - (DGAP-Media / 03.07.2013 / 13:11)

In spite of a forecast that continues to be satisfactory for the general
economic situation in Germany, the plastics packaging industry assesses its
own development in the scope of the IK economic development trend for the
3rd quarter of 2013 to be more negative than in the previous quarter.

The companies see themselves exposed to increasingly harsh international
competition on the German market that essentially takes place via prices.
While foreign enterprises are able to calculate with much lower energy
costs at times - power costs in France are only half as high; in the US,
electricity prices have partially dropped to as little as 5 cent/per
kilowatt hour - the German plastics packaging producers are currently
paying a high price to maintain their competitiveness. The costs for the
increase of the EEG allocation this year alone are in the six-digit range
for medium-sized companies. This money is missing, for example, for
urgently needed investments.

Experts already assume that the price spiral will continue to turn up next
year. The EEG-allocation may then go up to above 7 cent/per kilowatt hour.

IK managing director Ulf Kelterborn on this: 'The current concept of the
energy policy turnaround with its mad costs for industry and consumers that
have run out of control must be stopped at once. Else, a number of
medium-sized businesses will be unable to maintain their production in
Germany. Already, larger companies are thinking about leaving.'

IK, together with many other organisations of the small business sector,
has long been demanding a market-economy-alignment of energy production.
Only working competition permits innovations and therefore reasonable cost
structures. Current developments on the international energy markets, such
as the cost-efficient natural gas production by fracking in the USA or in




England, show that the current German concept of the turnaround of energy
policy will fail the international comparison of power prices. This also
strongly endangers Germany as an industry location.


End of Media Release

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Issuer: IK Industrievereinigung Kunststoffverpackungen e.V.
Key word(s): Associations

03.07.2013 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Datum: 03.07.2013 - 13:11 Uhr
Sprache: Deutsch
News-ID 275380
Anzahl Zeichen: 6163

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