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
Italy's imports and exports of plastics and rubber processing machinery continued to show positive trends in the first quarter of 2012, compared with the same period of 2011, with a 17% rise in overseas sales, said Assocomaplast, the ...
The Technical Committee TC 145 (Plastics and rubber machines) of CEN (European Committee for Standardization) – whose Presidency and Secretariat are managed by ASSOCOMAPLAST – is finalizing three standards: the first one ...
Tags: Policy&Standard, Winding machine, moulding machine, Tyre curing presses
Italian employees of injection moulding machine company Romi Sandretto have been staging a protest at the company’s stand at the Plast 2012 exhibition taking place in Milan this week. The protests have been peaceful Around 20 ...
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
European plastics processor Promens recovered strongly last year, delivering significantly improved operating earnings to match those achieved before the 2009 global financial crisis. The Icelandic packaging to rotational moulding group ...
Tags: market view
In order to meet higher demand for locally made machines, KraussMaffei has started to make injection moulding machines in its Haiyan, China, factory, which will double its production space and capabilities. Hans Ulrich Golz, the new ...
Tags: market view
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 ...
Tags: market view
A joint venture between Engel, the Austrian injection moulding machine company, and Plastisud, the French mould maker, will offer turnkey systems for the production of sealing caps for water and soft drinks containers in China. The partners ...
Tags: market view
Husky Injection Molding Systems is not done pushing the envelope of thinner and faster, when it comes to packaging and medical moulding. A Husky official also said the company would break ground on a new plant in China. At NPE2012 in ...
Tags: market view
The HPM brand of American injection moulding machines is back at NPE – but now it’s made in China. A 220-tonne servo-hydraulic machine is churning out clear plastic boxes at HPM North America Corp. ’s NPE booth (26058). ...
Tags: market view
Pushed by the record-high yen and economic problems at home, Japan’s large plastic machinery manufacturing industry is accelerating its investment in lower-cost countries, expanding both in China and elsewhere in Asia. Japan Steel ...
Tags: industry trends
Global injection moulding machine maker Engel Holding has rebounded nearly its pre-recession sales levels, the company reported 19 July, 2011. The company reported sales from shipments during the 2011 fiscal year of $881m (€ 621m), up ...
Machinery makers Oystar and Sacmi are teaming up to combine their packaging expertise for beverage applications. "Through this partnership with Sacmi we will be able to further enhance both our presence and performance in the beverage ...
Tags: news
Gemü, a processor of plastic components for medical products, is constructing an injection moulding plant in Emmen, Switzerland. The facility, which will more than double the company's existing capacity, is situated north of Lucerne ...
Tags: plastic component