Plastics machinery shipments see strong gain in Q2
The accelerating momentum in plastics machinery demand that emerged in the second half of 2013 was sustained through the first half of this year, according to statistics compiled and reported by the Committee on Equipment Statistics (CES) of SPI: The Plastics Industry Trade Association (plasticsindustry.org).
Shipments of primary plastics equipment (injection molding, extrusion, blow molding and thermoforming equipment) for reporting companies totaled an estimated $299.3 million in Q2. This was slightly below the strong total of $300.3 million in Q1 of this year, but it represented a gain of 10% when compared with the total from Q2 of 2013. For the year to date, the total value of primary equipment shipments is 10% ahead of last year.