Thursday, October 17th, 2013
At 9 a.m. local time today (October 17, 2013) attendees began streaming through the gates for the second day of the triennial K 2013 plastics trade fair in Düsseldorf, Germany. At the same time, in a conference room within the fair, Bill Carteaux, president of SPI: The Plastics Industry Trade Association, began a presentation to journalists from global plastics and business media on the state of the U.S. plastics industry. It’s good news.
In spite of the uncertain business climate caused by the USA’s well-reported domestic political situation, America’s plastics industry continues to be one of the largest manufacturing sectors in the world’s largest economy. To be precise, Carteaux pointed out that the plastics business is the third largest U.S. manufacturing sector and unlike many other sectors, the plastics trade surplus continues to grow.
During the press conference sponsored by K 2013 organizer Messe Düsseldorf, Carteaux, speaking on behalf of the many U.S. companies exhibiting at the show, cited various statistical evidence that shows the U.S. plastics industry not only outpaces overall American manufacturing, but also continues to be a particularly strong force in markets around the globe.
Using statistics newly released by SPI, Carteaux reported that, “In 2012, the value of goods shipped by our industry was more than $373 billion and plastics continue to better the rest of U.S. manufacturing in key growth rate areas.”
Carteaux noted that continuing export growth in the U.S. plastics business reached $58.5 billion in 2012, and said he anticipated that the positive trend would continue for the next few years as recent Free Trade Agreements with South Korea, Colombia, Panama and Russia are more fully exploited by American companies. He said, “In fact, our data for the first half of 2013 indicate that U.S. plastics industry exported goods were up 1.8 percent from the same period in 2012.
Carteaux said, “American CEOs realize that 96 percent of the world’s customers are outside the United States. SPI has responded this year by leading trade missions to Chile and Panama, and we have future trade missions planned to introduce companies to markets in India, Vietnam, South Korea and Turkey.”
Other details of the 2012 data from SPI mentioned by Carteaux include:
- Besides shipping $373-billion worth of goods in 2012, the U.S. plastics industry employed 892,000 people and invested $9.6 billion in new capital equipment at 15,949 facilities across the U.S.
- From 1980 to 2012, U.S.plastics employment grew 0.1% (vs. 1.4% for all manufacturing), real shipments grew 2.3% (vs. 0.3%), real value added was 2.2% (vs 0.7%), and productivity grew by 2.2% (vs. 1.7%).
- In 2012, the U.S. plastics industry exported $58.5 billion worth of goods and had a positive trade balance of $13.1 billion.
If you are attending K 2013, you can learn more about the U.S. plastics industry in the U.S. Pavilion, Hall 13, Booth B91-28. Being in trade show mode, you will find information on NPE2015, which will happen in Orlando, Florida, March 23-27, 2015. Deadline for the important Space Draw Lottery for NPE2015 is coming soon — November 15, 2013. If the show seems far away, note that attendee pre-registration for NPE2015 opened on the first day of K 2013.
In the pavilion you can learn about the many new developments launching at NPE2015, such as Mission Control Centers for buying teams and NPE3D, the manufacturing industry’s global 3D printing conference and solutions fair — and there’s more.
Plastics industry suppliers also are invited to join SPI and NPE2015 staff and fellow plastics pros at the NPE2015 Reception at K 2013. It happens Friday, 18 October 2013 from 17:30 to 19:30 in Room 3 of CCD South on the Messe Düsseldorf fairgrounds. Though it’s not required, your RSVP will help with planning. SPI and NPE staffers are looking forward to meeting you there.