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

West Coast ports dispute impacts machinery imports

February 27, 2015 5:00 pm ET

Asian machinery companies got caught in the West Coast ports labor dispute — causing some headaches to get equipment ready for NPE 2015.    More

Image

Wittmann, Illig among machinery firms boosting investments in India

February 27, 2015 1:34 pm ET

GANDHINAGAR, INDIA — Expected growth in the Indian plastics market is leading several global machinery firms to make investments there,...    More

Image

NFM Welding Engineers opens direct office in China

February 26, 2015 2:05 pm ET

MASSILLON, OHIO — Extrusion equipment manufacturer NFM Welding Engineers Inc. has opened a sales office in Dalian, China.    More

Image

Amut buys Dolci and Bielloni

February 25, 2015 3:41 pm ET

Amut SpA, the Novara, Italy-based maker of extruders, thermoforming machines and plastics recycling equipment, has acquired the Italian company that...    More

Image

Tekni-Plex buying Galazzi pharmaceutical film and tape units

February 25, 2015 3:13 pm ET

Italy's Tekni-Plex Europe NV, a subsidiary of U.S.-based Tekni-Plex Inc., has announced that its plan to acquire Gallazzi SpA's Italian-based pharmace...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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