More orders for German machinery producers
Order intake for German plastics and rubber machinery rose by 14% in Q2, according to VDMA.
Order intake for German plastics and rubber machinery rose by 14% in Q2, according to VDMA.
Engel opened new sales and service branch in Bagkok.
Germany's plastics and rubber machinery manufacturers saw sales rise by 6% last year. Their sales volume reached a new record of over 6.5 bln euro.
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.
The outlook for plastics and rubber machinery has improved further. The final quarter of 2009 closed with orders for German machinery up by a nominal 35 per cent. October 2009 saw a resumption of demand growth for the first time since early 2008. This trend continued in the two months that followed.