PETpla.net Insider 05 / 2012

NEWS 7 PET planet insider Vol. 13 No. 05/12 KHS Corpoplast extending its assembly capacity KHS Corpoplast in Ham- burg is extending its production space in order to meet continuing demand for its InnoPET Blomax Series IV generation of stretch blow moulders. Commence- ment of work on the building that will house its third production shop was marked by a ground- breaking ceremony at the end of April 2012. KHS Corpoplast is investing 3.2 million € in the new building. The production shop, which will provide approximately 2,500m 2 of extra assembly space, is to be finished by October 2012. KHS Corpoplast’s Hamburg plant will then have about 11,000m 2 of assembly space, around 3,500m 2 for logistics use, and an office area of approximately 6,500m 2 . “In 2013 the offices are to be extended”, stated Thomas Karell, Managing Director of KHS Corpoplast, “and in 2015 we’ll be adding an extra 2,500m 2 to the assembly area. Once everything’s finished, by 2015 we’ll have increased our production capacity by 100% compared to 2011.” www.khs.com Krones: sales up, EBT down, on target for growth in 2012 Krones’ first-quarter figures indicate that it is on track to achieve its 2012 sales target of 2-4% growth in the year as a whole. Q1 sales are reported to be 6.9% higher than the equivalent period in 2011, at €648.6 million. The largest contribution to growth came from Eastern Europe and South America. Earnings before taxes were €32.5 million, 7.7% less than the previous year’s €35.2 million. Pre-tax return on sales was also down, at 5% compared with 5.8%. How- ever, Krones says that Q1 earnings are on target for 2012 as a whole. The company expects earnings performance in the upcoming quarters to exceed the corresponding 2011 levels. Consolidated net income after taxes of €22.3 million was €2.5 million down on the previous year. Earnings per share slipped from €0.82 to €0.74. Krones expects pre-tax return on sales, the ratio of earnings before taxes to sales will exceed 5% in 2012. It expects to return to its target sales growth range of 5% to 7% and to increase the return on sales in 2013. Mediation in the Le-Nature’s case in the USA has not been concluded. In March 2012, Krones warned that final settlement may affect 2011’s figures. www.krones.com DEUTSCHE EDELSTAHLWERKE, Obere Kaiserstr., D-57078 Siegen / Auestr. 4, D-58452 Witten Wer bringt PET-Flaschen in Form? CorroPlast ® – der ultimative rostfreie Stahl für „All stainless“- Kunststoffformen.