Reifenhäuser posts record sales

Published: August 31, 2012 6:00 am ET

Related to this story

Topics Film & Sheet Machinery
Companies & Associations

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

Bloomer Plastics takes Optimum name

April 1, 2015 10:25 am ET

Optimum Plastics is the new name of two film companies that combined their businesses in October.    More

Image

Amcor buys Nampak Flexibles

March 31, 2015 3:31 pm ET

Australian packaging giant Amcor Ltd. has bought South African-based Nampak Holdings Ltd.'s Nampak Flexibles division.    More

Image

Jinming's millennial leader pushes for international growth

March 31, 2015 1:12 pm ET

The 29-year-old new general manager of Guangdong Jinming Machinery Co. Ltd. combines a global vision and mindset, partly from his Western education,...    More

Image

Labtech sees growth from US, China

March 31, 2015 1:05 pm ET

Thai equipment manufacturer Labtech Engineering Co. has spent $5 million on an expansion that doubles its capacity, as it demonstrates what it says...    More

Image

Sipospack to build new flexible packaging plant in Hungary

March 30, 2015 9:38 am ET

Hungarian flexible packaging producer Sipospack Kft. is investing nearly 3 million euros ($3.2 million) in an expansion at a new site at Sóskút in cen...    More

Market Reports

Trends in Resin Distribution

The growth of the North American resin distribution market is undeniable - and industry analysts are confident that growth will continue in 2015 and beyond.

This new report analyzes market trends and provides data on historical sales trends for PE (distribution and resellers), PolyOne Distribution figures, U.S. ethylene expansions based on shale gas and natural gas production by category to 2035.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events