Japanese machines regain momentum

Forecasts for Japanese production of machinery for plastics and rubber were marked by optimism at the recent Japan Technology Forum organized by the Japan Society of Plastics Technology during K 2013 in Düsseldorf. Indeed, in recent months, businesses in the sector have witnessed a progressive upsurge in orders both from the domestic market (partly as a result of major governmental investments planned for modernising infrastructure) and mainly from foreign markets, given that over 60% of production is exported, boosted by the devaluation of the yen in 2013. The main source of foreign demand are the countries of Asia and North America.