Global plastics production falls for the first time since 2008 amid COVID-19 pandemic

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Sumary of Global plastics production falls for the first time since 2008 amid COVID-19 pandemic:

  • Global plastics production declined in 2020 as a result of the coronavirus pandemic, only the third time since World War II that output has fallen, an industry body said Thursday..
  • Worldwide output slipped to 367 million tons last year from 368 million in 2019, a 0.3 percent decline, according to the industry federation PlasticsEurope..
  • But output in China — which currently accounts for a third of global plastics production — continued to grow by 1.0 percent..
  • The automobile sector, one of the biggest customers for the industry, saw its plastics consumption plunge by 18 percent in Europe in 2020, the federation calculated…

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