The 2020 survey carried out by ILM has revealed that future investment plans for tanneries worldwide seem to be concentrated on technology, machinery and automation, though overall figures are slightly down when compared with last year, which presumably is reflective of the ongoing impact of the pandemic and the difficult economic climate. In this year’s survey, 39% of respondents said they are planning to invest in new machinery and equipment, a significant drop from last year’s 62%, and an equal split of 24% respectively between investments in new chemical processing technology (38% in 2019) and major IT and business information systems (27% in 2019).

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