Glass container technology supplier Bucher Emhart Glass reported ‘very high demand’ in its latest financial note.
The Swiss-based group said demand for glass containers rose strongly again thanks to the easing of restrictions in the gastronomic sector and at major events.
Order intake increased by 76.2% to CHF392 million ($426.4 million) for the first nine months of this year, compared to CHF223 million ($242.5 million) in the corresponding period in 2020.
Its customers approved projects and invested in modernising and expanding their machinery as well as in completely new plants.
The division’s order intake rose by more than half compared to the low level of the previous year and almost reached the high level of 2019.
There was an increase in orders for glass-forming machinery in particular.
Sales recovered with a delay but reached the level of the prior-year period by the end of the first nine months of the year.
The division achieved this despite persistent challenges in the supply chain and logistics as well as government-imposed Covid-19 restrictions in Malaysia.