Dynisco poised for growth in Middle East, Europe

As economic recession eases, Dynisco is optimistic about growth opportunities with its expansion into newer economic regions such as the Middle East and Eastern Europe. "In Eastern Europe and the Middle East, the market is not as well developed, but the potential exists for very strong growth over the next 5 to 10 years, and we want to position ourselves to catch that wave of development," according to Mr. Lorenz Kirberich, Sales Manager Europe, Dynisco Plastics Segment. 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.
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