A change in venue for NPE by organizer SPI also meant a change in timing, placing the global events in April for the first time and just weeks apart at that.
At NPE, multiple exhibitors told me they were in the midst of not just a good show but their best NPE, ever.
At Chinaplas, particularly among domestic suppliers, most freely admitted that the market, unlike the show, had slowed down. One machinery executive fully expected a crash, but was optimistic the landing would be soft.
Meanwhile, "reshoring" became a buzzword prominent in many of our stories at PlasticsToday, with plastics manufacturing that had once sailed to cheaper shores, including China, coming back to the states. Earlier this month, when German extrusion technology giant Reifenhäuser acquired Westland, a heartland of heartlands' Wichita, KS-based screw supplier, the company touted its location, as well as its product, as an impetus for the acquisition, saying the deal reflected "a clear acknowledgment of the significance of the American market."
That significance has increased, just as it has in places like Mexico and Brazil, as European markets falter under the weight of the monetary union's debt crisis and China's formerly overheating economy cools.
Euro zone GDP is expected to grow by less than 0.5% next year, as Germany and France "barely move", according to 2013 predictions by The Economist. By contrast, 2% GDP growth forecast in the U.S. is robust. Brazil with growth of 4%, Mexico where annual GDP growth through 2016 is pegged between by 4.68-5.47%, and India, forecast to grow by 6.5%, all look to pick up Europe's slack, as well as the "slack" of China, forecast to see GDP grow by 8.6%-a rate reflecting an economic boon anywhere besides the People's Republic.
Now, does this change in fortunes mean the U.S. will return to the halcyon days of the late '90s, a time when injection molding machine sales topped 6000 units/yr or higher? No, or at least not likely, but it also doesn't mean that the delivery totals barely topping 1000 seen during the U.S. financial crisis denoted a new normal.
In 2013, the global plastics industry will once again revolve around Europe in general and Germany in particular, as the triennial K once again sets up in Düsseldorf along the Rhein in late October. Will a still reinvigorated U.S. industry, one that added jobs for the first time in a decade, take part? Time will tell, but the sector's strength definitely buoyed the larger industry in 2012 and it has momentum as it enters the new year.
Top 10 Articles 2012
- Goodbye, water bottle; hello, pouch?
- Plastic waste into fuel: a new form of recycling?
- Wine producers serving greener packaging
- Nypro hopes humanoid robots kickstart reshoring
- Indian PET film giants build huge US plants
- IKEA creates plastic pallets as an alternative to wooden pallets
- Heinz sells a brand, will use the German factory to produce plastic packaging products
- Significant progress reported as liquid metal molding scales up
- Oxo-biodegradable plastics in the spotlight
- Plastic packaging recycling across Canada increases by 15%
Top 10 Blogs 2012
- Think plastic bag bans are only about bags? Think again.
- Hopping mad: Easter egg packaging under fire in the UK
- How should the plastics packaging industry celebrate Earth Day?
- Sour grapes: Does boxed wine leave a plastic taste behind?
- Medical Musings: PVC is headed for a much greener future
- Should sustainable packaging be "scrapped"?
- No more rotten bananas? Dole trials new banana packaging system
- The REAL cause of the 'Skills Gap'
- Medical Musings: Device tax may change as 'fiscal cliff' approaches
- Will Twinkies continue to have a seemingly endless shelf life?
Top 10 Forums 2012
- Clamp Tonnage calculation
- Injection molding PVC
- Mold changes
- Molding machine maintenance
- Difference between plastic and resin
- Small desktop injection molding machine
- Biggest injection molding problems
- Silicone bracelets
- Relation among VDI texture, CH Texture and SPI polishing
- Cushion variation
Top 10 Product Watch 2012
- Leak proof nozzles in plug-and-play hot runner package
- Chemical vapor deposition allows ultra-thin lubricious coating for mold components
- New Vortex pins for venting
- Simulation software calculates heat transfer of all mold components over multiple cycles
- Injection molding machine uses permanent-magnet servomotors to boost efficiency, precision
- New nylon 6/12 compounds for automotive
- Single-screw extruder range takes on pipes and profiles in various materials
- DME launches Versa-Slide, expands MUD Quick-Change systems
- All-electric packaging technology on display at NPE
- Need to vent? Try new blowmold tool design