Extrusion International USA 5-2022

17 Extrusion International 5/2022 Market Study: Plastic Pipes NewChief Financial Officer  The construction industry is in- creasingly suffering from higher prices for building materials. The war over Ukraine and the ongoing corona lockdowns in China are also directly or indirectly affecting plastic pipe manufacturers. So far, the con- struction industry has come through the crisis better than other industries. Nonetheless, Ceresana’s fifth analysis of the global market for plastic pipes doesn’t expect a market recovery until 2023 at the earliest. Despite disrupted supply chains, more expensive raw materials and other current challenges, the future outlook remains intact for produc- ers of plastic pipes, pipe components and fittings. Whether heavy rains or droughts are on the increase, extreme weather phenomena in the wake of climate change are forcing investment in more efficient, higher-performance water pipes. Demand for easy-to- maintain plastic pipes for the irriga- tion of agricultural land will grow in the coming years. Ceresana expects global demand for plastic pipes in the agricultural sector alone to increase by around 2.7% per year up to 2031. The study in brief: Chapter 1 pro- vides a presentation and analysis of the global market for plastic pipes - including forecasts up to 2031. Rev- enues, (in USD and EUR) as well as production and demand (in tonnes) of plastic pipes are given for each region of the world. In Chapter 2 the 16 most important countries are considered individually in terms of demand, imports and ex - ports. The production and demand volumes are divided into the plastic types polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC) and other plastics. Additionally, the demand for each country is broken down into the individual application areas. Chapter 3 provides useful com- pany profiles of the most important plastic pipe manufacturers, struc- tured according to contact details, revenues, profit, product range, pro- duction facilities and brief profile. Detailed profiles are provided by 92 manufacturers. Ceresana www.ceresana.com/en/market-studies/ industry/plastic-pipes-world  Davis-Standard an- nounced that Raje Dwaraka has been appointed Chief Fi- nancial Officer (CFO). In her new role, Dwaraka will lead Davis-Standard’s finance team and partner with busi- ness unit leaders. She will also be instrumental in de- signing and executing the company strategy. „Raje is a talented fi - nancial leader, and we are thrilled to have her as part of our executive leadership team,” said Giovanni Spi - tale, Davis-Standard’s Chief Executive Officer. “She brings a proven track record of leading global teams, delivering sound financial strategy, and close partnershipwith business leadership – all of whichwill be key to continuing the growth trajectory that we are on”. Raje obtained her CPA license from the Illinois Board of Public Accountants and also holds a Chartered Accounti ng (CA) degree from India. Davis-Standard, LLC www.davis-standard.com RajeDwaraka