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Dynisco poised for growth in Middle East & Europe

Source: Release Date:2010-11-25 108
As the economic recession eases, Dynisco is optimistic about growth opportunities and is expanding into newer economic regions including the Middle East and Eastern Europe, according to Mr. Lorenz Kirberich, Sales Manager Europe, Dynisco Plastics Segment. He added that over the last two years, major refurbishing and upgrading projects faded away almost completely due to the recession, but these are now back on track. Large resin producers, compounders and finished product manufacturers in Germany and elsewhere are renovating their extrusion lines, and that means they are buying new instrumentation. He thinks this is a very strong indicator that the industry is recovering rapidly. He said that oil and energy companies in Saudi Arabia and elsewhere in the Middle East are expanding downstream and installing extrusion capacity rapidly. Forecasts indicate the market could grow at 25% to 30% per year. With that in mind, the company is hiring new managers in these regions to work locally with existing distributors and customers. This approach is intended to build on the strength of the Dynisco's successful agent-based structure, while getting closer to the customer, learning their requirements and developing products and services that meet the unique needs in the region. www.dynisco.comNike Hypervenom Phantom III
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