Plastics machinery shipments rise in Q3

Business levels for manufacturers and suppliers of primary plastics machinery (injection molding, extrusion, blowmolding and thermoforming equipment) improved in the third quarter of 2013. Aaccording to statistics compiled and reported by the Committee on Equipment Statistics of the Society of the Plastics Industry (SPI), shipments of primary plastics equipment for reporting companies totaled an estimated $3,276 million in Q3.

This total represented a gain of 20 percent when compared with the total from the second quarter of this year, and it was also an increase of 20 percent when compared with the total from the third quarter of 2012. This was the strongest quarterly total all year, and for the year to date the total value for primary plastics equipment shipments is up 12 percent when compared with last year.

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