International

Multivac is expecting a turnover increase of 10%

Processing

"Contrary to the general market trend, our business continues to develop well", declared Hans-Joachim Boekstegers, Director and CEO of MULTIVAC, during FachPack expo.

Posted on Sep 27 ,07:03

Multivac is expecting a turnover increase of 10%

After reaching the virtual ceiling of €1 billion in turnover, last year, Multivac is expecting an increase of 10% for 2018, despite the turmoil present in some important markets.
According to the company CEO, Hans-Joachim Boekstegers, the risks are represented by the US, due to an isolationist policy, Brexit, increasing nationalism in countries such as Italy and Poland and protectionist tariffs and highly fluctuating raw material prices.
"Contrary to the general market trend, our business continues to develop well. Our production capacity is fully utilised and we are seeing very positive development in all the company's business units. Following 2017, in which our turnover reached virtually the 1 billion euro mark, we are now expecting in the current business year an increase in turnover of up to 10%", explained Boekstegers.

This year, Multivac opened the first production facility in Eastern Europe in Bulgaria that comprises a factory building for the production of parts for the Group, a state-of-the-art warehouse and logistics centre, a training facility and an administration building. In addition to the Bulgarian Sales and Service company, an international Shared Service Centre for IT, Strategic Purchasing, Design and Service is also housed in the new complex. “Working on a treble-shift basis, our highly qualified personnel are now producing machine parts and modules. There we are using state-of-the-art turning and milling machines, just as we also use at our headquarters in Germany. All our capacity is now fully utilised,” explained Hans-Joachim Boekstegers.
At the same time, the company is trying to respond to different challenges such as the EU Plastics Strategy. Regarding this new environmental policy adopted in Europe, Hans-Joachim Boekstegers voiced the opinion, that the EU requirement on plastic recycling is concentrating solely on recycling capability. The added value, which plastic packaging offers during its life cycle, such as for example extending the shelf life of food without preservatives, or protecting consumers by means of sealed packs, is not being taken into consideration. New packaging concepts would have to offer comparable benefits to those of conventional solutions, particularly as regards the protection and shelf life of the packaged product, otherwise the proportion of spoiled or discarded food, which is already too high, would rise still further. New packaging concepts would also need to be compatible with pack return systems, and new recyclable material would have to be easily recognizable as such - at the very least for the recycling converter and ideally for the consumer as well.
One of this concepts, MULTIVAC PaperBoard, was presented during FachPack expo on a demonstration run on a R 105 MF thermoforming packaging machine and a T 800 traysealer.
“Our machines are designed in such a way, that they can run a wide range of packaging materials with ease. We are also consistently striving to reduce the packaging material used in the production of packs, by utilising specific equipment options and optimised pack design. And last but not least, we are working with leading packaging material manufacturers to develop new packaging concepts, such as for example the use of recyclable materials like mono films or fibre-based packaging materials,” added Hans-Joachim Boekstegers.
Last but not least, MULTIVAC is demonstrating its expertise in digitalisation and Industry 4.0 at the trade fair with the new X-line generation of thermoforming packaging machines. Thanks to its comprehensive sensor system, the X-line is equipped for digitalised production and future technology, and it sets a new benchmark in the market.

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