Taiwan's plastics and rubber machinery industry sees modest recovery late 2014

摘要

TAIWAN'S plastics and rubber machinery industry, one of the world's largest exporters of plastics equipment, is projecting a modest recovery in the second half of the year, led by sales of the iPhone 6 and other smartphones. The local plastics and rubber machinery industry saw exports increase a modest 2.3 percent, to $831.3 million, from January to August, and they expect final 2014 figures to show a roughly 5 percent increase in sales, said David Wu, head of the plastics and rubber machinery committee of the Taiwan Association of Machinery Industry While that's not huge growth, Wu said it would be a turnaround from the first half of the year, when plastic and rubber equipment exports dropped about 2 percent, to $599.6 million, compared to the same period in 2013. That came on top of a 6 percent drop in exports last year.