Bank Austria anticipates national plastics sector to see a gradual recovery / Exports still weak in 2009

摘要

Plastics converters in Austria suffered a downturn during last year's recession. Output contracted by 10% according to a sector report published by the economic research department of Bank Austria (Vienna / Austria; www.bankaustria.at). As a result, sales receded by 12.6% to EUR 5.5 bn. However, analyst Gilnter Wolf stresses that the decline was below the industrial average. He predicts that the sector will pick up gradually this year. The Association of the Austrian Chemical Industry (FCIO, Vienna / Austria; www.fcio.at) also assumes that the sector is over the worst.