LOW COUNTRIES CONVERTERS SUFFER BECAUSE OF RECESSION
April 1st, 2008
BY KEITH NUTHALL
THE LOW Countries markets of Belgium and the Netherlands are a good place to take Europe's converting industry temperature as it rides the recession this year. There is no denying that business is down in this key European region, but there are certainly no signs of melt-down and converters in this country appear well positioned to exploit an economic recovery, when it comes.
Times are likely to be tough this year in Belgium, for instance. Geert Scheys, of the Belgian Association of Manufacturers of Plastic and Rubber Products said the estimate ...
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