VDMA: Desha Plastic Machinery Co., Ltd

In the first half of 2010, new orders for German plastics and rubber machinery increased dramatically. Orders from German customers increased by 26%, while foreign demand increased by 117%. Orders from the euro area increased by 51%.

Ulrich Reifenhäuser, chairman of the VDMA Plastics and Rubber Machinery Association, said happily: “No one can predict that the industry’s orders in the first six months of the year will have a record increase of 85%. This remarkable performance gives no reason for optimism. Starting in September 2009, new orders are increasing rapidly every month, and actually exceeded 100% in June 2010. Although this rapid growth is extremely low last year, it still reflects the vitality of the industry and It is prosperous and booming. The number of orders on hand has increased significantly. Now it has reached 6.3 months of production, compared with only 4 months in the same period last year."

But in general, sales still lag behind. From January to June 2010, sales were 3% lower than last year's total. Thorsten Kühmann, president of the VDMA Association, said: “The sales volume was higher in the same period last year, which is the reason that the sales volume is now down by 23%.” However, the sales volume to foreign customers increased by 7% and the sales volume in the euro area increased. 4%. Thorsten Kühmann added: "As new arrivals increase substantially, we expect sales to increase by 11% by the end of this year."

The operating conditions and prospects are favorable. As the prosperity index of plastics and rubber machinery manufacturing industry rose sharply, it returned to the upward trend. The demand for German machinery has increased dramatically in all sales regions. The industry is optimistic about the development of orders for all customers in the second half of 2010. The number of companies complaining about the lack of orders was reduced by two-thirds, and the number of layoffs that began in the first half of 2009 was substantially reduced by the first half of 2010.

Ulrich Reifenhäuser said: "This is the ideal situation before the K2010 exhibition to be held in Düsseldorf from October 27 to November 3. German manufacturers look forward to this most important international exhibition of plastics and rubber machinery. It will confirm that this growth rate in the past few months is not only the release of suppressed demand, but the stable economic growth based on the regional operating cycle."