David J. Price, Partner, Price Hanna Consultants LLC02.08.19
After a tidal wave of new capacity installations across the world over the last five years, producers utilizing spunlaid polypropylene technology are set to take a breath while they await further demand growth to absorb capacity and assess still newly introduced technology advances. Nevertheless, global capacity continues to increase as new capacity entered many regional markets in 2018 and continues to do so in 2019 from previously announced capacity expansions. Oversupply exists in most global regions. With some exceptions, producer profitability is below expectations and largely driven by high cost of manufacture associated with lower than expected capacity utilization and in some regions, high raw material costs and volatility.
At present, only Gulsan and Berry Global have acquired the newest full scale versions of Reifenhauser 5 technology. PF Nonwovens (CZ Republic) will commission a Reicofil 5 Compact semi commercial line near the end of 2019. Both Berry Global (China) and Gulsan (Turkey) will commission their Reicofil 5 machines in Q4 2019.
While orders for Reicofil 5 and other modern technology may appear paltry thus far, one should cons
At present, only Gulsan and Berry Global have acquired the newest full scale versions of Reifenhauser 5 technology. PF Nonwovens (CZ Republic) will commission a Reicofil 5 Compact semi commercial line near the end of 2019. Both Berry Global (China) and Gulsan (Turkey) will commission their Reicofil 5 machines in Q4 2019.
While orders for Reicofil 5 and other modern technology may appear paltry thus far, one should cons
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