Reifenh?user reports 12% increase in sales revenues during 2010-11

Leading German manufacturer of plastics processing machines- Reifenhäuser, has reported a 12% increase in sales revenues during 2010-11 for almost all of its product groups. The number of new orders obtained during the period rising to over 50%, a record result for the company. “We wanted to emerge from the crisis stronger than before and there is no doubt that we have accomplished this goal,” said Ulrich Reifenhäuser, member of the Reifenhäuser management board. “The Reifenhäuser group’s flexibility to respond to specific market situations has proven very successful in these dynamic times thanks to a strong focus of our independent companies on a product-oriented approach. The record results show that we have taken the right decisions.” According to Reifenhäuser, growing demand for film products has been reflected in the significant increase in its plant business in India. Barrier lines and high-performance machinery are also in demand for blown film production. In India demand for cast films is growing, indicating a clear trend for lines producing polypropylene film. Supporting the companies of the Reifenhäuser group in their service and sales activities, Reifenhäuser India Marketing Ltd employs over 70 people at its headquarters in Mumbai and seven additional locations in India.

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