“The western wind market shows cautious signs of recovery, as our customers order new blade molds which we expect to translate into material sales in due course, while the Chinese wind market performs solidly, albeit remains very competitive,” the company said. “Marine and other industrial markets continue to experience strong growth with an increase in demand for PET structural foam for industrial applications, particularly in Europe and North America.”
The company’s Composite Materials business had net sales of CHF 160.8 million for the first half of 2023, an increase of 21%, while kitting recorded net sales of CHF 71.1 million, a 10.4% increase compared to the first half of 2022.
