NEWS
German machinery makers see order and sales growth for 2021
VDMA, the trade body that represents Germany’s plastics and rubber machin- ery makers, says its mem- bers expect both order and turnover volumes to grow this year. A survey of members showed that almost half of all respondents expect to see an upturn in the first six months of 2021. A similar amount expect to see market conditions strengthen further in the second half of the year. “In the second half of
2020, the demand for plastics and rubber machinery has clearly
as particularly positive.” In addition, around half
Reifenhäuser: “Demand rose in the second half of 2020”
changed across all re- gions,” said Ulrich Reifenhäuser, chairman of VDMA. “The situation in China and Germany is seen
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of all survey participants expect to take on new staff in the first half of the year. Thorsten Kühmann, managing director of VDMA, added: “It looks like the plastics and rubber machinery industry can look forward to a successful business year. We will be viewing the coming months with anticipation.” The survey’s findings are in line with 2020 year-end figures, which showed a 7% increase in orders com- pared to 2019.
n VDMA says that it will no longer be part of the German Pavilion at Plastico Brasil, which is scheduled to take place in Sao Paolo in November this year. The reason is the increased spread of the Coronavirus in the country. VDMA says its decision has no influence on the participation of other companies in the pavilion. It added that Brazil is the most important market in South America for plastics and rubber machinery – and many companies have local branches there. �
http://kug.vdma.org
IMAGE: VDMA
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