China Liansu Group Holdings Ltd., the country’s largest plastic pipe maker, plans a significant expansion to meet growing domestic demand, with new factories slated for Hainan, Yunnan, Shandong and Guangdong provinces. Liansu ...
Larsen & Toubro has signed a share sale and purchase agreement with Toshiba Machine Company Ltd, Japan, to sell its entire stake in L&T Plastics Machinery Ltd (L&TPM). The move is pending final closing conditions. L&T did not disclose the ...
Tags: market view, plastics machinery
In the latest sign of significant slowing in China’s plastics industry, the country’s largest injection press maker, Haitian International Holdings Ltd., said Aug. 21 that sales for the first half of the year dropped 14 percent ...
Tags: market view, plastics machinery
The U.S. plastics industry is continuing its long climb out of the depths of the great recession, with an expansion in 2011 expected to be followed by more growth in 2012, but looming threats and unanswered questions have created a market ...
Tags: market view, plastics machine
The plastics machinery rebound is continuing this year, according to the Society of the Plastics Industry Inc.’s Committee on Equipment Statistics. Also, Washington-based SPI is releasing statistics on thermoforming equipment for the ...
Tags: market view, plastics machine
An all electric injection molding machine offers several important benefits, mostly related to the fact that individual motors control each function, as opposed to a control system consisting of a complicated arrangement of hydraulic hoses. ...
Tags: Industry Trends, All-electric injection molding machine
Bloomberg is reporting that Madison Capital Partners is exploring the sale of KraussMaffei Group, the world’s largest manufacturer of plastics equipment. Bloomberg reported the story on June 19, citing people familiar with the matter, ...
Tags: market view, plastics equipment
Plastics Machinery Group LLC of Solon, Ohio, is experiencing strong demand for equipment and has added jobs. In early February, the firm acquired nine used thin-gauge thermoforming machines from model years 1990 and later. “We sold ...
Tags: market view
Ferromatik Milacron announced a major sale all-electric injection moulding machines to China: 113 Elektron machines to a single customer. Ferromatik Milacron, the German unit of Milacron, announced the sale 2 May. In the first quarter of ...
Tags: market view
The Society of Plastics Industry Inc. Today signed a memorandum of understanding with the China Plastics Machinery Industry Association. The two trade groups agree to exchange web links, publications and reports, business and market ...
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Milacron, the only US-based broad-line manufacturer of primary plastics equipment, will get a new private-equity owner, in news announced just before NPE2012 which runs April 1-5 in Orlando, Florida. Avenue Capital Group will sell the ...
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Chinese plastic equipment maker Welltec Machinery Ltd. And its Indian partner seem to have found a successful way around the Indian government’s 2009 decision to levy steep tariffs on Chinese injection molding machines. The company ...
Tags: plastic equipment
Zhafir Plastics Machinery Ltd., a subsidiary of Chinese press maker Haitian International Holdings, will open its first regional office worldwide in India, reflecting what the company said is the importance it places on the Indian market. ...
Tags: market view
Chinese plastic equipment maker Welltec Machinery Ltd. And its Indian partner seem to have found a successful way around the Indian government’s 2009 decision to levy steep tariffs on Chinese injection molding machines. The company ...
Tags: anti-dumping, plastic equipment
Taiwan’s leading plastics machinery maker Fu Chung Shin Machinery Manufacture Co. Ltd. (FCS) has appointed Maruka Machinery as its agent for the North American market. The companies signed a contract on Dec. 13 at the Maruka ...
Tags: Market View