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Poised To Take Off In Europe Will Usher In A New Printing Industry Growth Period by sgbvdf asga
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Poised To Take Off In Europe Will Usher In A New Printing Industry Growth Period by SGBVDF ASGA
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| Article Posted: 09/27/2010 |
| Article Views: 98 |
| Articles Written: 2044 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 709 |
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Poised To Take Off In Europe Will Usher In A New Printing Industry Growth Period |
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Business,Business News,Business Opportunities
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From the current situation, the economic crisis will not only speed up the transformation of the printing industry in Europe, but also in the field of communication lead to a no small waves.
HC screen Special Indian network At present, European countries the decline in production printing faster than its gross domestic production (GDP), the average rate of decline. As in Europe after Germany's second largest exporter of printing, the UK demand has dropped by 10 percentage points, while the country's GDP will decline 2% this year to 4%.
Printing supply chain restructuring has clearly not avoided. However, by the credit crunch, the printing industry's merger and acquisition activity is also not a strong financial support.
By overcapacity for the perennial problems of the European printing industry, Financial The crisis is tantamount to worse. The Netherlands, a private Hombergh De PundertGroup (HHBV), originally planned last summer to Quebec in the world of European companies and the Dutch printer RSDB combined, but also because of financial difficulties the project has been shelved.
It is understood that the global financial crisis influence on the European printing industry in the fourth quarter from the initial show. A printing press that they have taken a massive price-cutting measures to promote products Sell .
Ink manufacturers were forced to price increases
In 16 countries outside the euro area countries, the inks and other printing Consumables Suppliers are forced to respond by raising prices euro, Swiss franc, the dollar and the yen's depreciation.
Pounds in the last few months as the euro and the dollar has value is 30%, while the Swiss franc has also emerged a 40% growth of the United Kingdom ink manufacturers had increased prices of their products 5-15 percentage points.
German Amber Group (HuberGroup)'s United Kingdom subsidiary?? StehlinHostag PaulEnglish ink sales director, said: "We have to raise their prices, otherwise you will lose money. Other printing supplies manufacturer is also the case, because Europe to produce the ink and other products too much. "
In addition, the rising prices of raw materials, and intermediates and some of the pigment ink is a shortage of ink manufacturers to promote the main reason for price increase.
Sun Chemical industry FelipeMellado, chief marketing officer, said: "raw material cost pressures are still there, even if the decline in market demand, but the raw material suppliers are still reluctant to lower prices. We are now trying to find methods of reducing raw material costs to avoid the greater pressure upon the transfer to our customers. "
Ink manufacturer?? With the European printing industry, like other suppliers?? Hope that this term economic crisis as soon as possible in the past.
Germany Siegwerk (Siegwerk) EnnoUrbeinz, communications director for the company said: "The European economy is expected to recover this summer, when the market investment and consumption will be picked up."
But other experts warned that Europe needs at least to begin to rebound later this year.
British Printing Industries Federation (BPIF) in charge of enterprise things AndrewBrown said: "The printing industry can be the first to the second half of this year showed clear signs of recovery."
Ink manufacturers, they are most concerned about is that this time of economic recession, economic recession, the longer they have to deal with the more bad loans. Already insurance companies fear the closure of printing too much to revoke the security of credit default; there are some insurance companies can not profit because the cancellation of their trade credit insurance.
A service industry, printing and other related international distributor of top management, said: "Lack of credit insurance, let us deal with customer issues become very difficult. We can require customers to pay cash, even if customers The same is true. "
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