Italian rubber machinery looks promising

According to Assocomaplast, the Italian Plastics and Rubber Machinery Association, according to statistics from the Italian National Bureau of Statistics (ISTAT), imports in the first quarter of 2010 fell 4% from the same period of 2009, and exports fell by 1.7%. The monthly export decline in 2009 compared to 2008 was at least 26%, indicating that the industry recession has been significantly curbed and Assocomaplast is optimistic about the industry's prospects.

Assocomaplast, headquartered in Assago, Italy, also pointed out that compared with the same period in 2009, the export declines in the first quarter of 2010 all eased, with exports falling by 6.4% in January, 9.6% in February, and 7% in March. Among them, the export volume of flexographic printing machinery, which accounted for 5.5% of the total export value, soared by 35% in the first quarter of 2010. Exports accounted for 3.7% of injection molding machinery also increased by 8.3%, accounting for 7.1% of blow molding machinery exports increased by 8.2%. The largest proportion of molds (33%) performed slightly worse, export growth was 1.3%. According to a survey conducted by Assocomaplast on its member companies, 45% of respondents expect that the second quarter of 2010 will have a The quarter has climbed. About 43% of the companies surveyed expect the turnover to remain unchanged. Compared with May, 34% of the companies surveyed expect their revenue to increase in June this year. Another 45% said that there will be no change.

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