Assocomaplast, the Italian association for plastic and rubber processing machinery, has issued a preliminary statement on the sector's struggling performance in 2013. The organization said it expects the value of production at Italy's plastic and rubber machinery companies to be just under 4 billion euros in 2013, close to the value in 2012, but it expects growth in 2014.
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.
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