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rPET prices reach record high across Europe | Article

rPET prices reach record high across Europe | Article
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rPET prices reach record high across Europe

According to ICIS, the prices of both colourless bottles and post-consumer flakes reached a “record high” for the European market this month due to the ongoing challenges of COVID-19 and supply chain tensions.

EuPIA: Producers face continued severe supply chain problems

The European Printing Ink Association (EuPIA) points again, following a communication earlier in 2021, to an aggregation of factors, mostly triggered by the COVID-19 crisis, which are severely impacting the overall raw material supply chain.

Breaking News | Covid-19 Deflates CAP s Q1 Performance

Views: Visits 9 By Peter Egwuatu The COVID-19  pandemic has affected the performance of Chemical and Allied Products Plc (CAP), in the first quarter of 2021, Q1’21, though its operating expenses, OPEX, improved by 258 bases points, bps or 23.3 per cent from 25.8 per cent  in the corresponding period of 2020, Q1’20. A review of the Company’s unaudited results released to the Nigerian Exchange Group, NXG, for the first quarter ended March 31, 2021 showed that the revenue of N2.1 billion was lower than Q1’20 by 9.5 per cent while the gross profit was N703 million, a decline by 39.9 per cent against N1.167 billion in Q1’20 with gross margin of 33.5 per cent.

Covid-19 deflates CAP s Q1 performance

By Peter Egwuatu The COVID-19  pandemic has affected the performance of Chemical and Allied Products Plc (CAP), in the first quarter of 2021, Q1’21, though its operating expenses, OPEX, improved by 258 bases points, bps or 23.3 per cent from 25.8 per cent  in the corresponding period of 2020, Q1’20. A review of the Company’s unaudited results released to the Nigerian Exchange Group, NXG, for the first quarter ended March 31, 2021 showed that the revenue of N2.1 billion was lower than Q1’20 by 9.5 per cent while the gross profit was N703 million, a decline by 39.9 per cent against N1.167 billion in Q1’20 with gross margin of 33.5 per cent.

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