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Italian plastics & rubber machinery exports hit a “trough”

Milan, Italy – There has been a marked decline in overseas demand for Italian-made plastics and rubber machinery, equipment and moulds, national industry association Assocomaplast has reported.

Citing official (ISTAT) figures for the first half of 2016, the association reported the “bottom of the trough” for foreign sales being reached in June at -2.3 percent. This followed declines ranging from -0.5 percent to -1.0 percent in the previous months.

The declines were despite gains in sales to the NAFTA countries, especially to Mexico, the Far East –…

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