Voith Paper forecasts equipment market to rebound in 2019

papermachine market

Equipment supplier Voith Paper is expecting Brazilian demand for new paper machines (PMs) and revamps to rebound in 2019, after two years of a sluggish market with several projects being put on hold. “Brazil has faced a deep economic turmoil and constant political instability. We have seen a president impeached, a former president arrested, and a nationwide strike promoted by truck drivers, so the industrial confidence was really shaken,” stated Voith Paper South America’s CEO Hjalmar Fugmann toPPI Latin America.

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