21.02.2023

H.C. Starck Tungsten Powders addresses growing additive manufacturing segment with dedicated trademark

H.C. Starck Tungsten Powders, a subsidiary of Masan High-Tech Materials Group, now offers special tungsten powders and complementary innovation services for 3D printing under the trademark starck2print®. High flowability and optimized particle size distribution make the powders particularly suitable for additive manufacturing processes such as powder bed-based laser beam melting (LPBF) or selective electron beam melting.  

21.02.2023

SNC-Lavalin secures Delivery Partner role for THE LINE, NEOM’s flagship urban development in Saudi Arabia

SNC-Lavalin, a fully integrated professional services and project management company with offices around the world, has been appointed as a Delivery Partner organization for THE LINE at NEOM in the Kingdom of Saudi Arabia. A civilizational revolution that will have no roads, cars, or carbon emissions, THE LINE is set to provide an unprecedented urban living experience.  

17.02.2023

Webuild completes acquisition of Clough in Australia and Papua New Guinea

Clough announces that from February 16, 2023, Webuild has acquired 100% of the ownership of Clough in Australia and Papua New Guinea.  

16.02.2023

GSP new in the GuD Group of Companies

Since January 2023, the Mannheim-based GSP (Gesellschaft für Schwingungsuntersuchungen und dynamische Prüfmethoden mbH - Engineering Consultants for Vibration Analysis and Dynamic Testing Methods ), founded by Dr.-Ing. Oswald Klingmüller in 1991, has been part of the GuD group of companies. GSP's fields of activity include dynamic pile testing at home and abroad (onshore and offshore) as well as vibration measurements in the field of immission control and structural dynamic calculations.  

14.02.2023

Germany: Machinery Exports to reach Record Level in 2022

Industry in China lost significant growth momentum from the second quarter of 2022. (credits: VDMA / Shutterstock)

The USA further strengthened its position as the most important export market for mechanical and plant engineering last year. Exports increased by a total of 11 billion euros to a good 192 billion euros. Adjusted for prices, a small minus remained in the books.

Germany's strong exporting machinery and plant manufacturers have held up well in a difficult global environment. According to preliminary results from the German Federal Statistical Office, machinery exports recorded nominal growth of 6.1 percent year-on-year for 2022. The industry's export value thus reached a record €192.4 billion, an increase of €11.1 billion. Adjusted for prices, companies recorded a real decline of 1.3 percent last year. "Admittedly, price effects do make the annual balance sheet look good. But in real terms, too, the result is respectable. The sharp decline feared by many did not occur in 2022," says VDMA chief economist Dr. Ralph Wiechers. On an annual basis, the fourth quarter in particular showed a strong increase of 9.3 percent in nominal terms. "In addition to numerous indicators such as lower freight rates, the latest export data prove that disruptions in global supply chains have continued to dissipate," Wiechers analyzes. "In addition, export expectations among machinery and plant manufacturers have recently risen - a good omen for the start of 2023, which is still a new year."

Export market USA increases significantly, China below previous year

The USA continues to be the most important export market for machinery deliveries from Germany. Last year, the lead over China was even further extended. Exports to the United States increased by a nominal 20 percent to 24.8 billion euros. By contrast, exports to China fell by a nominal 2.3 percent to 18.9 billion euros. This means that 12.9 percent of all machinery deliveries from Germany went to the United States, while China's share of 9.8 percent is now below 10 percent for the first time since 2016.

Italy, Switzerland, Turkey and UK with strong growth in Europe

Machinery exports from Germany to the EU-27 increased last year by a nominal 5.0 percent to 84.4 billion euros. The EU partner countries thus account for a total of 43.9 percent of German exports. Machinery exports to the three most important customer countries in the EU-27 - France (up 5.2 percent to 12.9 billion euros), Italy (up 9.0 percent to 9.6 billion euros) and the Netherlands (up 6.1 percent to 8.5 billion euros) - were above the EU average. In European countries outside the European Union, German exporters recorded particularly strong growth in Turkey (up 20.8 percent to 4.8 billion euros), the United Kingdom (up 9.7 percent to 8.3 billion euros) and Switzerland (up 11.8 percent to 6.1 billion euros).

Exports to Russia almost halved, India gaining in importance

Machinery exports to Russia fell sharply last year by 49.4 percent to 2.8 billion euros. For December 2022 alone, the books show a drop of more than 65 percent. German machinery exports to Russia now account for just 1.4 percent of total German machinery exports, which corresponds to 19th place in the export rankings. Before the Ukraine war, Russia was still within the top 10 customer countries. India, on the other hand, recorded a significant increase in share. With a nominal increase in exports of 28.2 percent to 3.9 billion euros, India now ranks 14th among the countries buying machinery and equipment from Germany.

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