Reifenhäuser posts record sales

Published: August 31, 2012 6:00 am ET

Related to this story

Topics Film & Sheet, Machinery

TROISDORF, GERMANY (Aug. 31, 1 p.m. ET) — Reifenhäuser GmbH & Co. KG Maschinenfabrik, the Germany-based extrusion line manufacturer, has reported record results for the 2011-12 year.

Combined sales from its subsidiaries Reifenhäuser Extrusion, Reifenhäuser Kiefel Extrusion, Reifenhäuser Reicofil, Reiloy Metall, Reimotec and Polyrema generated more than 450 million euros ($567.5 million), an improvement on the previous year’s record sales.

All business areas of the Reifenhäuser group could report double-digit growth, mainly due to increasing demand for extrusion machinery from Asia and South America.

Reifenhäuser is planning further growth for the new financial year. Ulrich Reifenhäuser, board member of Reifenhäuser, said in a news release: “After a rather weak spring, we are experiencing now a clear revival of the market. We can still see great potential in the BRICs countries - not least because of a growing hygiene market in these regions.”


Comments

Reifenhäuser posts record sales

Published: August 31, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

North American robot sales set record

July 30, 2014 4:46 pm ET

The North American robotics sector is off to its fastest start ever, shattering last year's first-half record, with a first-half 2014 of 14,135...    More

Image

Bankruptcy court confirms GSE reorganization plan

July 29, 2014 4:01 pm ET

The U.S. Bankruptcy Court in Wilmington, Del., has confirmed the reorganization plan for geomembranes maker GSE Environmental Inc.    More

Image

Gear pump maker Witte expands in Germany and USA

July 25, 2014 2:15 pm ET

Witte Pumps & Technology GmbH, the German maker of gear pumps for extrusion, has moved into a new headquarters factory in the Hamburg area, and the...    More

Image

Sealed Air's move to Charlotte will put it all under 'One Roof'

July 25, 2014 2:03 pm ET

Sealed Air Corp. shook the ground last week by announcing plans to relocate its headquarters from Elmwood Park, N.J., to Charlotte, N.C., in a move...    More

Image

Bemis' product strategy paying off with record earnings per share

July 24, 2014 2:56 pm ET

Bemis Co. Inc. is feeling good about itself these days as the flexible packaging and pressure sensitive materials firm is posting record earnings per ...    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events