PLASTICS MACHINERY GERMANY
Orders for German machinery manufacturers on the rebound / Exports show upward trend
Ulrich Reifenhäuser and his association fairly content with Q2 results (Photo: PIE)
Germany's association for plastics and rubber machinery, VDMA Kunststoff- und Gummimaschinen (KuG, Frankfurt; http://kug.vdma.org), has said incoming orders for the country's plastics and rubber machinery manufacturers went up by 14% in the year's second quarter.

"Though the first half of the year as a whole still shows a 6% decline, the industry is pleased to report in the last three months incoming orders have picked up again," announced Ulrich Reifenhäuser, the association's chairman. He added that the industry was pleased to see the positive numbers following a year of negative revenue trends. When comparing with the previous year, realised sales for the first six months of 2013 were at the same level but they picked up by 6% in the second quarter.

The KuG, one of 39 associations belonging to Germany's national engineering federation, VDMA, also reported that during the first half of 2013 the industry's foreign exports returned to the previous year's levels with the negative rates slowly dissipating as the year progressed. "The welcome trend upward in exports to Russia and the US continued with China, India and Turkey also showing substantial growth rates for the same period," noted Thorsten Kühmann, KuG's managing director.

Based on the figures up to, and including April, the KuG's recent prediction still pointed to a slight decline in sales of 1% for 2013 – see Plasteurope.com of 19.06.2013. The industry intends to update its forecast in time for October's "K 2013" exhibition in Düsseldorf.
29.08.2013 Plasteurope.com [226138-0]
Published on 29.08.2013
K-Maschinen: Auftragseingang deutscher Hersteller steigtGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 25.11.2024 11:28:35   (Ref: 524419081)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp