NEWS
Chinaplas returns to Shenzhen for 2023 event
The Chinaplas show will run again this year, following last year’s cancellation due to the country’s ‘Zero Covid’ policy. The event is held at the Shenzhen World Exhibition and Convention Center (SWECC) in Shenzhen on 17-20 April 2023. Adsale, the show’s
organiser, expects more than 3,900 exhibitors to be at the event, including many from overseas. In addition, it says there are nine overseas ‘country pavilions’ – from countries including France, Germany, Italy, Japan, the UK and the US. In addition, China has
relaxed its travel restrictions – which have, in the past few years, prevented most foreign visitors from
Chinaplas 2023 will have a strong focus on green technology
attending the show. This year, Adsale says only a negative PCR test is re- quired. There is no quaran- tine on arrival. The show will have a
strong focus on sustainabil- ity – with a series of special events and presentations on the topic. One example is its
Recycling & Circular Economy Conference and Showcase, which takes place on 16 April – the day before the show opens. During the event itself,
Tech Talk sessions will showcase a number of sustainable technologies and applications. �
www.chinaplasonline.com
Dyka pipe sales rise
in 2022 Tessenderlo, the Belgian industrial group, saw increased sales in 2022 due in part to results in its Dyka pipe extrusion division. Full-year sales in this
part of the business grew by nearly 19% to €733 million (US$799m). The company said this was due to improved product mix, a contribution from a newly acquired production plant in France, and higher sales prices. Profit, in the form of adjusted EBITDA, rose nearly 10% to €85m (US$93m). Tessenderlo expects to
see more economic uncertainty in 2023. �
www.dyka.com �
www.tessenderlo.com
Sales increase at UK-based Eurocell
UK-based profiles manufacturer Eurocell posted a 12% rise in sales in 2022. The company reported a turnover of
more than £381 million (US$458m) for the year.
At the same time, pre-tax profits dipped by 5% to around £26m (US$31m) in 2022. In its profiles division, it reported a
15% increase in sales to around £162m (US$195m). Operating profit exceeded £19m (US$23m) in 2022, a fall of around 7%. In building plastics – which includes PVC foam products – sales rose 10% to around £220m (US$264m), though profits fell 13% to around £11m (US$13m). Production volumes fell by 5%, to just over 54,000 tonnes. Eurocell used almost the same amount of recyclate
10 PIPE & PROFILE EXTRUSION | March/April 2023
as in 2021 (around 16,700 tonnes), but it now accounts for 29% of consump- tion – up from 27%. Overall equipment effectiveness (OEE) rose from 68% to 71%, due to improved efficiency and labour availability across operations, said Eurocell.
Kelly: “Price was the significant driver of
sales growth in 2022”
In common with other extrusion companies, Eurocell was subject to a cyberattack in 2022, which caused some disruption – including a hit to sales volumes. “Price was the significant driver of
sales growth in 2022,” said Mark Kelly, CEO of Eurocell. “We experienced margin pressure in the second half [of 2022], reflecting lower volumes and not all cost inflation being fully recov- ered until early 2023.” In anticipation of weaker markets in
2023, Eurocell completed a restructur- ing programme in Q4, which the company says will help to cut operat- ing costs by around £5m per year. Kelly retires as CEO later this year, and will be replaced by Darren Waters, currently COO of UK-based Ibstock. �
www.eurocell.co.uk
www.pipeandprofile.com
IMAGE: EUROCELL
IMAGE: ADSALE
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