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Molds/Tooling
NPE moving to Orlando for 2012 and 2015
WASHINGTON (November 17, 2009) -- The 2012 and 2015 NPE trade shows will be in Orlando, Fla. The Society of the Plastics Industry Inc., which produces the show every three years, said cost savings was key in moving NPE away from Chicago, which has been home to the show since 1971.

EDI adds slot die coating system in Shanghai factory

Modular coating system
SHANGHAI (October 13, 2009) -- American firm Extrusion Dies Industries LLC has expanded its modular coating systems technology to Asia, bringing equipment for a complete slot die coating system to its Shanghai factory.

Composites One China to distribute closed-mold equipment
SHANGHAI (October 9, 2009) -- Shanghai-based Composites One China is now helping Magnum Venus Plastech (MVP) of Clearwater, Fla., distribute closed-mold conversion equipment and systems in the Chinese market.



Chinese toolmakers plan for economic improvement


Tan
GUANGZHOU, CHINA (September 22, 2009) -- The last year wrecked havoc on South China’s export-oriented injection molding and mold making sector. But the industry believes it may have seen the bottom and is cautiously eyeing recent signs of a slight upturn. Singapore moldmaker Amura Precision Tooling Ltd. Pte. said business in its Xiamen, Fujian province facility has switched from focusing on export sales to seeing more than 60 percent of sales target the local Chinese market, according to marketing director A.T. Tan.

Japanese companies make PVOH film deal
Toyohashi, Japan (September 15, 2009) -- Aicello Chemical Co. will expand its polyvinyl alcohol film stake by acquiring Tohcello Co.’s PVOH film product line and assets. Aicello will boost its PVOH film production capacity by 50 percent as a result of the deal.

China's M-Tex adds support staff in U.S.
DONGGUAN, CHINA (September 1, 2009) -- Chinese mold-texturing firm M-Tex Co. Ltd. has added sales and technical support staff in Youngstown, Ohio, and Detroit -- to beef up support in the U.S. for projects being manufactured in China.

Singapore's Sunningdale reports cautious optimism
SINGAPORE (Aug 18, 2009) -- Sunningdale Tech Ltd said it faces a challenging business environment for the rest of this year though there are signs that the global economic crisis may be bottoming out. The Singapore-based injection molder and tooling supplier said it remains cautious for the rest of the year.



Chinese firms see uptick in business
GUANGZHOU (July 28, 2009) -- While manufacturers around the world search for signs of economic recovery, China’s domestic plastics industry appears to be picking up steam, spurred on by the government’s large infrastructure stimulus spending. Several leading plastics firms say their domestic business is returning to levels before the crisis.

Singapore toolmaker JLJ Holdings plans IPO
SINGAPORE (July 9, 2009) -- JLJ Holdings Ltd plans to spend S$1.5 million (US$1.03 million or 7.04 million yuan) to buy equipment including injection molding machines for its plants in China and Malaysia. The Singapore-based toolmaker and injection molder is scheduled to launch an initial public offering on the Singapore Exchange on July 10.

VEM's new plant in Thailand serves auto industry

CHICAGO (July 7, 2009) -- Hong Kong-based toolmaker VEM Tooling (Shenzhen) Co. Ltd. has opened a mold making facility in Thailand because it says it sees opportunities in that country’s automotive sector.

Toolmaker StackTeck announces partnerships at NPE
CHICAGO (July 7, 2009) -- StackTeck Systems Ltd. is increasing its technology and capabilities through a series of partnerships announced during NPE2009, including a development partnership with Hong Kong-based Matrix Technology Specialists Ltd., to further expand StackTeck's manufacturing capabilities in Asia.

Nypro boosts medical capacity in China and France
NEW YORK (June 23, 2009) -- Nypro Inc. is expanding its medical operations in China and Europe as part of its strategy to increase the percentage of its sales from medical from 30 percent to 40 percent over the next two years. “Asia continues to be where we put a lot of our energies because our customers are manufacturing there,” Brian Payson, vice president of business development for Nypro Healthcare, told Plastics News at the Medical Design & Manufacturing East show in New York.

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 develops system for making foamed PET bottles

oPTI bottle technology
HOLLAND, OHIO (May 26, 2009) -- Plastic Technologies Inc. (PTI) has developed a system to make foamed PET bottles and jars that fit existing recycling programs. The oPTI bottle technology produces a white or silver bottle wall without the use of pigments that can contaminate a recycling stream. Besides recycling benefits, the oPTI bottle promises shelf appeal and product differentiation. Swirls and streaks on the bottle exterior can be controlled and can improve grip of the bottle.

Honda looks to aluminum molds for cost savings
MARYSVILLE, OHIO (May 5, 2009) -- Four years ago, executives with Honda of America Manufacturing Inc. asked a simple business question: How should the global automaker change to reflect an expected decrease in production volume? Aluminum alloy molds for injection molding held promise, and thanks to an extensive network of molders, mold makers and material supplier partnerships Honda has created, the company was in the right place to see just what aluminum tooling could do.

Industry still contracting as debt forces more closures

Mengel
LAS VEGAS, NEVADA (March 31, 2009) -- Analyst Jeff Mengel thinks about 15 percent of North American plastics processors could enter bankruptcy liquidation over the next 18 months -- that’s around 1,000 companies. Leverage will be the big reason. “It isn’t all about having good management. It’s also currently about having good liquidity. And we need to have both of these,” Mengel said at the Plastics News Executive Forum in Las Vegas. He said about 30 percent of the industry is heavily leveraged.

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