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NGR: sales and commercial performance increased

NGR: sales and commercial performance increased
The financial year 2014/15 (closing date: April 30, 2015) has shown satisfying results for Next Generation Recyclingmaschinen GmbH (NGR) – the sales expectations could be achieved.

Despite an unfavourable investment environment sales and commercial performance increased. This past financial year 2014/15 was marked by good to very good demand in the first half year. The second half year followed by cooling down due to delayed investment decisions and therefore extended lead times. Even though the market conditions have been unfavourable, sales volumes developed according to plans. The total number of systems in operation worldwide thus rose to more than 800.

Market introduction received well. The new PET-improvement process LSP (Liquid State Polycondensation) builds the basis of the machine series P:REACT. The first machine was installed successfully at a PET-fibre manufacturer. Two further machines recently were ordered – one for PET-sheet recycling and one for PET-carpet recycling, both USA. "The success of this market introduction is directly linked to our permanent strive in meeting the demands of the plastic recycling industry and demonstrates the enormous innovation power of NGR," states Thomas Pichler, CTO of NGR. P:REACT improves the properties of PET in a continuous process within minutes (controlled IV-improvement, decontamination to 100%-food contact).

The Next Generation Group presses developments towards a circular economy and improves the position in the Life Science Sector. Due to the motto "Plastics for the Next Generations", the Next Generation Group concentrates competences with the goal to keep plastics as long as possible in the material stream. Dr. Collin GmbH, a member of the Next Generation Group, with its business unit ęMedical Lineę, actively pushes developments in the sector of life science with production lines for medical engineering.

NGR