 Home > Chemicals Industry > Rubber Plastic News > VDMA: CHINAPLAS 2020 will drive the vitality of the rubber and plastics market, and the importance of the Chinese market will not diminish

VDMA: CHINAPLAS 2020 will drive the vitality of the rubber and plastics market, and the importance of the Chinese market will not diminish

 Last Update: 2022-08-22
 Source: Internet
 Author: User

Tags

new china martinsburg wv

china colors

advanced plastics inc

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

China is one of the largest export markets for the German plastics processing machinery industry

China is one of the largest export markets for the German plastics processing machinery industry
.

Thorsten Kühmann, Managing Director of the VDMA Plastics and Rubber Machinery Branch

According to the VDMA Plastics and Rubber Machinery Branch, no member companies have set up factories in Hubei, which is the most severely affected area, and no cases of new coronary pneumonia infection have been recorded among its members

The importance of the Chinese market remains unchanged

As for when the market will return to normal, Thorsten Kühmann, managing director of the VDMA Plastics and Rubber Machinery Branch, told AdsaleCPRJ.
com that many member companies expect the market to gradually return to normal in March, and the epidemic "doesn't It will change the importance of the Chinese market to the German machinery industry.

Adsale Exhibition Services Co.
, Ltd.
, the organizer of CHINA PLAS , announced earlier that the 34th China International Plastics and Rubber Industry Exhibition (CHINAPLAS 2020) will be postponed from April to August 3-6, 2020 Held at Shanghai Hongqiao National Convention and Exhibition Center

PLAS

VDMA Plastics and Rubber Machinery Branch is also one of the co-organizers of the concurrent event "Industry 4.
0 Future Factory" of CHINAPLAS 2020

Thorsten Kühmann believes that CHINAPLAS 2020 "is bound to drive market vitality" in the context of China's economic weakness due to the impact of the epidemic

Sales in Germany's plastics machinery industry fell by around 6 percent last year

"The increase in sales from investment is not expected to happen until early 2021.

Therefore, we expect sales to decline in 2020, similar to the decline in 2019,
" he said.

No major delivery delays caused by the outbreak

In addition, Thorsten Kühmann said that the current outbreak of the new crown pneumonia epidemic has not caused major delivery delays in the German machinery industry
.
However, due to the long production cycle in the machinery industry, "difficulties may only really become apparent in the coming weeks"
.

However, due to the long production cycle in the machinery industry, "difficulties may only really become apparent in the coming weeks"
.

The Covid-19 outbreak has not yet caused major delivery delays in the German machinery industry

In addition to the slowdown in production at many suppliers in other industries, machinery companies are also facing logistical problems
.

For now, German companies can still cope with these difficulties by moving production elsewhere or with other suppliers
.
"However, we still have to reassess our progress every week,
" stresses Thorsten Kühmann
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.