The assessments of Ömer Karadeniz, Chairman of the Board of Directors of the Plastics Industrialists Federation (PLASFED), regarding the August export figures, found widespread coverage in the press.
Stating that plastics and their products maintained their leadership in the chemical sector with an export of 786 million dollars, Karadeniz used the expressions, “Our success in exports, despite global challenges, is an indicator of our production capacity and the resilience of our industry.”
The President of PLASFED, the umbrella organization of the plastics sector, also touched upon the importance of macro indicators for industrialists. Karadeniz stated that the August inflation figures revealed the continuation of cost pressures in production, yet the strong course of exports showed the resilience and determination of industrialists to produce.
Reminding that the ISO Turkey Manufacturing PMI data was realized at 47.3, Karadeniz said, “Contraction is observed to continue, but we are seeing the pace of contraction slow down compared to the 45.9 level in July. This picture indicates a tendency for recovery in production despite global challenges.”
Karadeniz’s message, drawing attention to the industrialists’ determination to produce despite inflation and cost pressures, was highlighted in many economy newspapers and news portals with the headline “Plastics sector became the locomotive of exports.”
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This content has been translated using artificial intelligence technology.