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The rise in technical textiles has also ensured that the German companies earn profits by exporting technically advanced machinery
to China, United States of America, Mexico and India.
Arif Chishti, managing director of Abdul Latif Jameel Machinery
, said: "A kaizen approach to consistently improve the best-in-class customer support needs of our partners and customers is central to our work at Abdul Latif Jameel Machinery
Meanwhile, imports of textile machinery
went down by 18.43 percent as it was registered at US$ 72.37 million in July-August, 2018 from US$ 88.331 million of corresponding period of last year.
Labeling, decorating & coding machinery
as well as vertical and horizontal form, fill, seal are forecast to grow the fastest of all machinery
categories through 2021, at CAGRs of 3%, 3.1% and 3.2%, respectively.
He stressed industrial development in countries happened due to zero rated tax regime, where machinery
was exempt from all kind of taxes and duties.
Among the top five, however, Yiyang Rubber & Plastics Machinery
Group and Guilin Rubber Machinery
are the subsidiaries of China National Chemical Equipment, which also holds Fujian Sino-Rubber Machinery
, a third subsidiary specializing in the rubber machinery
It will also enable the group to capitalise on the trend of agricultural modernization and engage in expansion in the agricultural machinery
business, a significant part of the agricultural sector.
With experienced technicians dedicated to understanding customer needs, Phoenix Machinery
focuses on producing fully customized baby diaper converting machinery
, adult incontinence diaper converting machinery
, and feminine napkin converting machinery
Less import of machinery
is not a good sign for national economy and can cause serious results.
7, 2012 (CENS) -- Taiwan Association of Machinery
Industry (TAMI) and its Japanese counterpart, the Japan Machinery
Federation (JMF), will sign an agreement in March next year to better compete against rapidly rising South Korean competitors, according to TAMI Chairman H.T.
Ltd entered into an asset purchase agreement with Robert Bosch GmbH (Bosch Group) on February 8, 2012 concerning the transfer of the entire stock and equity interest (100% of total shares issued or equity interest) of the four subsidiaries that comprise the Eisai Group's machinery
business to Bosch Group.