PETpla.net Insider 05 / 2013

NEWS 8 PET planet insider Vol. 14 No. 05/13 www.petpla.net MHT MOLD & HOTRUNNER TECHNOLOGY Dr. Ruben-Rausing-Str. 7 | D-65239 Hochheim/Main Tel. +49(0) 6146-906-0 | www.mht-ag.de Make the most of your machine – with a mold from MHT! For many machine types, we supply the mold with the highest cavitation, thereby enabling optimum preform output. For the Husky HyPET machines, we offer upgrade sets for up to 50% more preforms, without refitting on the machine! • 60 cavities for Netstal PETline 2000 • 96 cavities for Husky HyPET 300, • 112 cavities for KraussMaffei 350 Engineering made in Germany 128 for HyPET 400 + 1/C35 Booth B3/441 Maag supplies screen changer PET production line in Middle East Maag has developed tailor-made filtration units in close co-operation with Uhde Inventa-Fischer for an expansion project at a major facility based on the MTR process in the Middle-East. Completed in 2012 with a total additional capacity of 500,000t/a of PET bottle grade resin, the plants have been equipped with Maag melt pump equipment. The reactors are now joined by a number of continuous screen changers, whose arched filters (patent pending) maximise the filtration surface available. This ensures a very low melt residence time, especially in high viscosity resin applica- tions, yet they incorporate a compact footprint. Arched filters utilise “one way filters”, that can be disposed of after use. This eliminates the entire process of cleaning the candle filter bundles. Changeovers now take less than 10min, with only one operator, without requiring cranes or complex tools, thus guaranteeing constant operation of the system from process to process. The screens can also be made out of Woven Wire Mesh (WWM) or Fibre Metal Melt (FMM). www.maag.com drinktec goes to Africa Messe München has announced that its third international offshoot, «food & drink technology Africa» (fdt Africa), will make its premiere at the Gallagher Convention Centre March 18-19, 2014 in Johannesburg, South Africa. Messe München described this new exhibition as the next phase in the “internationalisa- tion of drinktec”, the trade fair for the beverage and liquid food industry. The conceptual sponsor is the Food Processing and Packaging Machinery Association of the VDMA (German Engi- neering Federation). The event is scheduled to take place every two years. The first edition will take the form of a congress with accompanying exhibition, the same format as was used in 2007 for the launch of drink technology India (dti) in Mumbai. Exhibi- tors at fdt Africa in Johannesburg will be presenting beverages technology as well as food and packaging technology. The event will be targeted specifically to the needs of South Africa, the regional market. The conference program will be supplemented by a series of workshops. www.fdt-africa.com ■ www.drinktec.com Krones officially better in 2012 Krones has officially reported growth in 2012 and a strong start to 2013. Revenue increased by 7.4% over the previous year and an increased dividend of €0.75/ share has been proposed to the Board. Consolidated revenue rose from €2,480 million to €2,664 million; 62% of revenues came from emerging markets, the shares generated in Asia increased again, while Europe’s share decreased. New orders were 8.2% higher, at €2721.1 mil- lion, with emerging markets again contributing a signifi- cant amount. As at 31 December 2012, orders on hand totalled €999.3 million (2011: €942.4 million). The settle- ment of the Le Nature’s dispute in the US resulted in a €37.8 million charge against earnings before taxes (EBT) for 2012 (2011: €36.7 million). After these charges, EBT rose from €74.6 million to €97.9 million, and with a higher margin in 2012: 5.1%, against 4.5% in 2011. Net income rose 53.3% to €67.0 million. Earnings per share for 2012 amount to €2.22 (previous year: €1.45). The company’s tax rate decreased from 41.5% to 31.5%. Positive free cash flow of €30.6 million was generated, after capital expenditure (2011: –€7.4 million). Cash and cash equiva- lents were up from €125.5 million in the previous year to €132.9 million, with no bank debt. Figures for Q1 2013 show revenue up 5.4% (€648.6 million to €683.4 million), new orders 3.9% higher (€685.2 million from €659.8 mil- lion) and EBT at €38.9 million, up 19.7% from Q1 2011’s €32.5 million. EBT margin was 5.7%, in line with the com- pany’s aim of 5.5% for 2013 as a whole. Krones’ process technology and Kosme segments posted minimal losses in the first quarter of 2013 and are on track to break even in 2013. The Executive Board expects revenue to grow by 4% in 2013. www.krones.com