Plastics machinery shipments decline in Q3
from Plastics Today
Compared with the rip-roaring years of 2017 and 2018, the first three quarters of 2019 have been anemic for primary plastics processing machinery makers. Coming off four quarters of increasing shipment values in 2018 to a high of about $375 million, Q1 2019 shipments of plastic injection molding and extrusion equipment fell 27.6% to $273.0 million, according to the Committee on Equipment Statistics (CES) of the Plastics Industry Association (PLASTICS; Washington, DC). And things didn’t improve much from there.
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