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Eastern Europe fuels growth for European machinery manufacturers
INDUSTRY
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Eastern Europe fuels growth for European machinery manufacturers Business conditions for the European Plastics and Rubber Machinery Manufacturing industry over the period July to December 2005 have improved, according to the latest EUROMAP Business Trends Survey. The organization says that new order income was certainly more buoyant than in the first half of the year with strongest growth reported in Eastern Europe. Of those companies active in Eastern Europe, 41% reported increased new order activity versus 12% experiencing declines. An encouraging revitalization was also evident in Western
Europe, with 31% of companies reporting new order growth; just 17% reported a worsening new order situation for this region. Demand from China remained comparatively sluggish with 24% reporting growth and 21% reporting declines. For the period January to July 2006, the survey reveals growing optimism. When analyzing turnover, 43% of companies are predicting improvement and just 22% expect turnover to fall back. The highest hopes rest on Eastern Europe with 46% predicting new order growth
and just 3% anticipating a fall. North America and Asia are also viewed favourably with 39% and 29% respectively anticipating increases (in both markets less than 4% of companies anticipate declines). The situation in China is expected to improve modestly with 27% of companies predicting growth. However, offsetting this, the proportion of companies anticipating a retraction in China is higher than for any other region, 13%. Looking forward to the second half of 2006 EUROMAP says that even greater confidence is evident, with just 9% of
companies expecting a reduction in turnover versus 47% anticipating positive development. Despite positive expectations with respect to turnover growth, the vast majority (61% for the first half of 2006 and 58% for the second half of the year) of European manufacturers of plastics and rubber machinery do not anticipate this growth to convert into improved profits. Contact: EUROMAP E-Mail: [email protected] Website: www.euromap.org
Coperion Keya opens new Nanjing facility The opening ceremony for the new Coperion Keya production facility, with more than 24,000 m2 of production area, over 400 employees, and a projected annual output of upwards of 600 machines, was held in Nanjing, China, recently. According to Coperion, this is a significant strategic step that will pave the way to growth markets, for the companies' compounding systems, bulk materials handling plants, and components, as well as Global Service. The new plant in Nanjing is one of the largest and most modern within the Coperion Group, and also offers optimum prospects for further consolidating and
The opening ceremony for Coperion Keya’s new Nanjing production plant. continuously expanding the worldwide success of the Standard Twin-Screw Extruders (STS) produced here. "Forty STS machines have been sold outside China to date, and the signs are pointing to an increasing growth rate," said Manfred
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Eiden, chief executive officer of Coperion Holding, in his opening speech before over 500 invited guests. "This was just a year after we successfully integrated Nanjing Keya Industry, the Chinese market leader for extruders, into the Coperion Group."
The foundation for this collaboration in the growth market of China was laid in 2003 with a sales cooperation agreement between Coperion and Keya. All business activities and all Keya employees were then integrated into the newly formed subsidiary Coperion Keya in 2004. The development of Coperion Keya and its management team led by Guangzhi Liu (chief executive officer) and Ulrich Bartel (Business Unit and Sales Manager) is shown by the fact that the new facility is designed for an annual output of 600 machines. Contact: Coperion Website: www.coperion.com
Plastics Additives & Compounding March/April 2006
News
Eastern Europe fuels growth for European machinery manufacturers Business conditions for the European Plastics and Rubber Machinery Manufacturing industry over the period July to December 2005 have improved, according to the latest EUROMAP Business Trends Survey. The organization says that new order income was certainly more buoyant than in the first half of the year with strongest growth reported in Eastern Europe. Of those companies active in Eastern Europe, 41% reported increased new order activity versus 12% experiencing declines. An encouraging revitalization was also evident in Western
Europe, with 31% of companies reporting new order growth; just 17% reported a worsening new order situation for this region. Demand from China remained comparatively sluggish with 24% reporting growth and 21% reporting declines. For the period January to July 2006, the survey reveals growing optimism. When analyzing turnover, 43% of companies are predicting improvement and just 22% expect turnover to fall back. The highest hopes rest on Eastern Europe with 46% predicting new order growth
and just 3% anticipating a fall. North America and Asia are also viewed favourably with 39% and 29% respectively anticipating increases (in both markets less than 4% of companies anticipate declines). The situation in China is expected to improve modestly with 27% of companies predicting growth. However, offsetting this, the proportion of companies anticipating a retraction in China is higher than for any other region, 13%. Looking forward to the second half of 2006 EUROMAP says that even greater confidence is evident, with just 9% of
companies expecting a reduction in turnover versus 47% anticipating positive development. Despite positive expectations with respect to turnover growth, the vast majority (61% for the first half of 2006 and 58% for the second half of the year) of European manufacturers of plastics and rubber machinery do not anticipate this growth to convert into improved profits. Contact: EUROMAP E-Mail: [email protected] Website: www.euromap.org
Coperion Keya opens new Nanjing facility The opening ceremony for the new Coperion Keya production facility, with more than 24,000 m2 of production area, over 400 employees, and a projected annual output of upwards of 600 machines, was held in Nanjing, China, recently. According to Coperion, this is a significant strategic step that will pave the way to growth markets, for the companies' compounding systems, bulk materials handling plants, and components, as well as Global Service. The new plant in Nanjing is one of the largest and most modern within the Coperion Group, and also offers optimum prospects for further consolidating and
The opening ceremony for Coperion Keya’s new Nanjing production plant. continuously expanding the worldwide success of the Standard Twin-Screw Extruders (STS) produced here. "Forty STS machines have been sold outside China to date, and the signs are pointing to an increasing growth rate," said Manfred
13
Eiden, chief executive officer of Coperion Holding, in his opening speech before over 500 invited guests. "This was just a year after we successfully integrated Nanjing Keya Industry, the Chinese market leader for extruders, into the Coperion Group."
The foundation for this collaboration in the growth market of China was laid in 2003 with a sales cooperation agreement between Coperion and Keya. All business activities and all Keya employees were then integrated into the newly formed subsidiary Coperion Keya in 2004. The development of Coperion Keya and its management team led by Guangzhi Liu (chief executive officer) and Ulrich Bartel (Business Unit and Sales Manager) is shown by the fact that the new facility is designed for an annual output of 600 machines. Contact: Coperion Website: www.coperion.com
Plastics Additives & Compounding March/April 2006