Mexico.-Eduardo Martinez Hernandez, Chairman, ANIPAC, informed that in 2012 the plastics sector will invest US$1.6 billion, of which US$600 million will be spent in purchasing new machinery and the remainder will be used to buy molds. The purpose of this investment is improving processes to transform more than six million tons of plastics every year.
In a press conference he pointed-out that in 2011 investments reached more than US$1.8 billion, of which US$800 million were spent in machinery and US$1 billion in molds. Eduardo Martinez explained that even if a volatile rate of exchange may affect investment, because most supplies are imported, “investment levels considered for next year are still encouraging”.
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