Monday, 22-Jun-09

Arburg launches new hybrid injection machines
LOSSBURG, GERMANY (June 22, 2009) -- German injection machinery maker Arburg GmbH + Co. KG used its annual Technology Days open house event at its headquarters in Lossburg to launch its energy-saving Hidrive hybrid machine line and to invite customers into its newly completed customer center.

Nissei strengthening presence in South, Southeast Asia
NAGANO, JAPAN (June 22, 2009) -- Injection molding machinery maker Nissei Plastic Industrial Co. Ltd. will set up offices in India and Vietnam to bolster its presence in South and Southeast Asia and respond to an influx of Japanese companies in those countries.

Haitian exec addresses issues affecting plastics industry

Franz

GUANGZHOU (June 22, 2009) -- Plastics News visited with China’s leading press manufacturer, Ningbo Haitian Plastic Machinery Group, at the recent Chinaplas trade show in Guangzhou. Haitian Executive Vice President Helmar Franz commented on how the global downturn has impacted the industry, the company’s response to changing markets, as well as other hot issues.

Tuesday, 16-Jun-09

KraussMaffei expanding PU equipment business in Asia
SHANGHAI (June 16, 2009) -- German machinery maker KraussMaffei Machinery Co. Ltd. is expanding its capabilities for polyurethane (PU) equipment in Asia, expanding capacity in both China and Japan, in response to a growing PU market in both countries.

PTI to introduce Globaline extrusion system at NPE
CHICAGO (June 16, 2009) -- Processing Technologies International LLC (PTI) is unveiling its new Globaline extrusion system that allows efficient short-run production of sheet at NPE2009. The system is especially designed for PTI’s strategy of expanding into areas such as Russia, Eastern Europe, South America, China and India where an extrusion line needs to handle a variety of jobs.

Steer Engineering aims for top of China extruder market

Padmanabhan

GUANGZHOU (June 16, 2009) -- Bangalore, India-based extruder maker Steer Engineering Pvt. Ltd. has made its first global acquisition -- of single-screw pipeline extruder maker Nantong Zhenfeng Machinery Factory in Tongzhou, Jiangsu province. Founder and managing director Babu Padmanabhan said the foray into China will give the company “an unprecedented advantage to address clients’ needs in a unified, cost-effective way.” Steer’s ambitious goal is to challenge Nanjing’s current status as China’s capital of extrusion machines and take the crown to Nantong instead.

BrĂĽckner says China market is strong for its equipment

BrĂĽckner BOPET film line

GUANGZHOU (June 16, 2009) -- Don’t talk about recession blues in China to Markus Gschwandtner. The Siegsdorf, Germany-based sales director for oriented-film equipment supplier Brückner Maschinenbau GmbH & Co. KG says demand for his firm’s types of large, high-end lines has bounced back nicely in China, where Brückner claims about 90 percent market share.

Scientex purchases Gloucester cast stretch film line
GUANGZHOU (June 16, 2009) -- Malaysian processor Scientex Packaging Film Sdn. Bhd. signs a contract at Chinaplas to order a second cast stretch film line from U.S.-based Gloucester Engineering Co. Inc.

Monday, 08-Jun-09

Engel chief reveals depth of crisis for the press maker
ST. VALENTIN, AUSTRIA (June 9, 2009) -- Engel Holding GmbH Chief Executive Officer Peter Neumann painted a bleak picture of the current injection molding machine market at a May 28 company technical symposium in St. Valentin.

ACS Group unveils global tactics, auxiliary equipment
NEW BERLIN, WISCONSIN (June 9, 2009) -- ACS Group officials said decisions made over the past eight years to invest in international sourcing and expand into new markets have strengthened the auxiliary equipment company to face plummeting North American demand. “It’s been a very, very difficult market,” said Thomas Breslin, president and chief executive officer.

DSM, Mitsubishi swap engineering polymer businesses
HEERLEN, NETHERLANDS (June 9, 2009) -- DSM NV plans to exchange its Xantar polycarbonate business for the nylon operations of Mitsubishi Chemical Corp. in a deal that is scheduled to close by year-end, subject to approvals by external bodies and works councils. Each business involved in the deal has annual sales of about 90 million euros.

Sumitomo Demag dubs German plant all-electric hub
SCHWAIG, GERMANY (June 9, 2009) -- Sumitomo (SHI) Demag Plastics Machinery GmbH plans to turn its plant in Wiehe, Germany, into a major manufacturing base for all-electric injection molding machines, the company announced. The project is part of a larger investment in its Wiehe and Schwaig, Germany, plants.

Monday, 01-Jun-09

Wittmann Battenfeld unveils products at Chinaplas
GUANGZHOU (June 2, 2009) -- Wittmann Battenfeld arrived at Chinaplas with new products and the largest booth in the history of the firm’s participation in the show.

Tuesday, 26-May-09

ACS buys dryer line of machines from Walton/Stout
GUANGZHOU (May 26, 2009) -- Auxiliary equipment maker ACS Group on May 19 told Plastics News at the Chinaplas show that it has purchased dryer maker Walton/Stout Inc. in a move the company said will expand its product line and take advantage of the economic downturn to better position itself. ACS plans to move production of Walton/Stout’s line of equipment from the company’s Lithonia, Georgia, factory to ACS’ recently revamped facility in New Berlin, Wisconsin.

Synventive adapts its equipment to Chinese market

Moss

GUANGZHOU (May 26, 2009) -- Facing down financial challenges around the globe, Synventive Molding Solutions is adapting its products for new applications and new markets as the company looks for growth opportunities. At Chinaplas 2009, the company featured a new Asia-specific product, called the Asia Hot Runner. “With the financial crisis we needed to find other markets to continue our growth,” said Mark Moss, executive vice president of market and product strategy.

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