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DIEFFENBACHER’s Success in 2019 Flouts Economic Slowdown December 09 2019

2019 Lucintel Composites Market Insights, December 09, 2019

DIEFFENBACHER is successfully withstanding the general global economic weakness through its focus on sustainable technologies. Numerous project wins justify the company’s creation of its Recycling Business Unit on January 1, 2019. Strong growth in this area is expected in 2020.

Wood recycling plants for the wood-based panels industry were the main driver of DIEFFENBACHER’s recycling success in 2019. Overall, 2019 was a positive year for the DIEFFENBACHER Group as a whole. The company was particularly successful in supplying complete plants on all continents. Sales are developing according to plan, and capacity utilization at all production sites is secured well into the coming year.

The Wood Business Unit booked 18 new plant orders by the end of November. The Swiss Krono Group, which last commissioned a new DIEFFENBACHER particleboard line in Menznau, Switzerland, in September 2017, ordered a complete OSB plant this year with a 65-meter-long CPS+ for its location in Sharya, Russia. In 2019, the focus of the Composites Business Unit was on automated SMC press lines with integrated cutting technology for semi-finished SMC products and tape laying technology for laying and consolidating UD tape materials. DIEFFENBACHER expects 2020 to be a difficult year for the automotive industry. Due to the company’s continuing diversification into sectors such as aerospace and sports and leisure, however, DIEFFENBACHER is well positioned for the future. Outside the automotive sector, demand is particularly strong for tape laying systems for thermoplastic, unidirectionally reinforced materials.

The K plastics trade fair in Dusseldorf, which takes place once every three years, was a highlight of 2019. Visitors were particularly interested in thermoplastic applications and thermoforming. “Waste 2 Product”, i.e., the manufacture of new end products from recycled materials, was also very popular.