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Remanexpo 2016 day two – consolidation remains main theme

January 31, 2016

IMG_0984The subject of mergers and acquisitions remained on exhibitors’ minds, with a second busy day firing hopes for a successful show.

After the first day brought a great deal of visitor interest, Sunday saw the show start to really get into gear, with the hall’s rows and corridors filled with visitors and exhibitors networking and discussing the industry. One of the major themes of the show, and of the day in particular, was the issue of consolidation, and whether it is a good or bad thing. Delacamp’s Volker Kappius noted that the speed of consolidation was “worrying” for the industry, but noted that the company’s customers were pleased that “we don’t change”, while Cipher’s Chris Lee pointed out that the industry “is getting smaller”, but that this was a reason for the company to “try to beat” the threat from Chinese and larger companies.

From a remanufacturing perspective, Gikar Industrial Co., Ltd’s Charlie Ray noted that even though the company was smaller, it was important to show that “we can offer value to customers to match demand” despite the competition with bigger companies, with the remanufacturer offering what it called “uncommon models” to the market at the show. Additionally, empties broker ITP’s Jason Doran commented that you “can’t turn a blind eye” to consolidation, but added that there “will be more of it”, and that there will also “be more compatibles” for both empties brokers and remanufacturers to contend with, though the company has seen many large remanufacturers “talking about growing volumes” at the show.

The day’s events concluded with the ETIRA drinks and networking reception at the seminar theatre, as well as The Recycler Awards, with a full seminar programme adding much detail and discussion to the day with more to follow. To read our daily summary from the REMCON seminar programme, click here, and to see who won The Recycler Awards, click here. For all the latest information and news, visit www.therecycler.com, and for an exhibitor list, the full seminar programme and speaker profiles, visit www.therecyclerlive.com.

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