04/03/2012 | Editor: Dominik Stephan
Germany's engineering firms have high expectations for the recent fiscal – Especially the ACHEMA 2012 (18- 22 June 2012, Frankfurt) is highly anticipated as a chance to present new and innovative products for additional efficiency, sustainability and customer benefit.
With the leading exhibition for chemical engineering, process technology and biotech the ACHEMA 2012, underway, the German plant engineering association VDMA expressed its hopes for the recent fiscal: “We are a highly innovative industry,” underlined Dr. York Fusch, CEO of Körting Hannover and Chairman of the VDMA Process Technology Group. The association states that the new products and innovations on show at ACHEMA all focus on different ways to improve quality of life, resource efficiency, protection of the environment but also cost-effectiveness and profitability.
The industry is confident to be well positioned for future growth, Fusch stated: ”Without the construction of large-scale chemical plants, German process technology manufacturers produced machinery and apparatus with a combined value of more than EUR 17 billion in the first three quarters of 2011 – this represents an increase of 14% compared to the first three quarters of 2010.”
And these solutions seem to be in high demand globally: German plant engineers were able to sell exports of € 13.8 billion – a 14 percent increase – in the same time. Now the export share has risen from 72% in 2010 to 80% in 2011.
But the rise of the foreign markets also saw the rise of foreign competition for European companies, Fusch explained: “China in particular is gaining huge significance as a competitor. This applies to all areas of process technology, with China managing to increase exports by 360% since 2005. During the same period, China’s share in global trade has risen from 1.7% to 5.6%.”
To remain ahead of the competition, the industry trust on innovative products and solutions for different industries and applications: Reducing maintenance and energy costs by improving the cleanability of components or by improving accessibility, increasing cost-effectiveness and profitability with optimised efficiency, more compact designs, quicker changeover times, space-saving machinery, process reliability and process safety for man and machine – these are all important topics which are being addressed by the German process technology manufacturing industry.
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