Oil shock intensifies pressure on plastic packaging industry.

Thimmiah Napanda, Managing Director & CEO, Alternicq, highlighted that crude prices above $100 per barrel have triggered a structural reset across the packaging value chain. He noted that the industry is shifting from cost-led procurement to continuity-led supply strategies, with inventory buffers and long-term supplier relationships becoming critical. Napanda emphasized that scale, financial strength and strategic partnerships are emerging as key differentiators amid volatility. He also expects the current environment to accelerate consolidation, favouring organised players capable of ensuring supply continuity and managing uncertainty effectively.

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