Wednesday, April 28, 2010

European plastics injection moulding industry slumped in 2009

The value of the European plastics injection moulding industry slumped to €42.6 bln in 2009, losing 23% of its value from €55 bln in 2008, according to a report from AMI. Until 2008, the sector was grrowing by around 2% pa in terms of polymer volume but the last quarter of that year saw a sharp contraction in the market, which wiped out nearly five years of growth in the space of a few months.

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