Sale of Machinery and Equipment Generates R$ 12.5 Billion in January, According to Abimaq

Written by Roberta Souza

Published on 26/02/2021 at 08:55

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Abimaq Shows That Sales of Machinery and Equipment Had the Best Performance Since January 2015, When Sector Revenue Was R$ 13.2 Billion

The Brazilian Association of Machinery and Equipment Industry – Abimaq, announced that in January, the total revenue of the Brazilian machinery and equipment industry was R$ 12.5 billion, an increase of 38.5% compared to the same month in 2020. According to the association, this was the best performance since January 2015, when sector revenue was R$ 13.2 billion.

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The CEO of Abimaq, José Velloso, stated that “After a long time, around seven years without investing, companies need to renew the industrial park. Otherwise, the park becomes obsolete and productivity falls. Much of the sales of machinery for the industry comes from the renewal of an obsolete industrial park,” while explaining why machinery sales continue to increase without raising the investment rate.

Sales and Exports:

Of the total R$ 12.5 billion, R$ 9.6 billion came from sales to the Brazilian internal market, which is 50.8% higher than in January 2020.

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Sale of Machinery and Equipment Generates R$ 12.5 Billion in January, According to Abimaq

Abimaq Shows That Sales of Machinery and Equipment Had the Best Performance Since January 2015, When Sector Revenue Was R$ 13.2 Billion

See Other News of the Day:

Sales and Exports:

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Sale of Machinery and Equipment Generates R$ 12.5 Billion in January, According to Abimaq

Abimaq Shows That Sales of Machinery and Equipment Had the Best Performance Since January 2015, When Sector Revenue Was R$ 13.2 Billion

See Other News of the Day:

Sales and Exports:

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With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

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In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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