Posts Tagged ‘crisis’

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.

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The global biodegradable plastic packaging market estimated to reach US$1.85 bln in 2011

The biodegradable plastic packaging market is gradually gaining significance in the vast global packaging industry. Whilst the recession impacted demand for all types of packaging; upcoming environmental issues and diminishing fossil reserves have raised concerns, resulting in steady growth for biodegradable plastic packaging

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European plastics and rubber machinery manufacturers set to reach all-time high again

The European plastics and rubber machinery industry achieved remarkable rates of growth in 2010 and 2011 and is on course to match the 2008 record. “Our industry recovered very well from the economic and financial crisis in the countries associated with EUROMAP; this year’s production volume in the core machinery business is expected to reach almost 11 billion Euro,” said Bernhard Merki, the European federation’s newly re-elected President at the press conference, held on the occasion of the triennial General Assembly.

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