Engel acquires stake in India’s Electronica Plastic Machines
Engel has acquired a stake in Electronica Plastic Machines (EPM), an Indian manufacturer of hydraulic injection moulding machines. The terms of the deal were not disclosed. Through the acquisition, the Austria-based injection moulding machinery manufacturer plans to strengthen its presence in the Indian market. EPM’s manufacturing facility in Pune will serve as a hub to … Continue reading Engel acquires stake in India’s Electronica Plastic Machines
Bain Capital invests in plastic processing equipment and services provider, Milacron
Bain Capital has announced its majority investment in the Milacron Injection Moulding and Extrusion business. Hillenbrand, Inc., will remain a significant investor in the company but will now partner Bain Capital as the duo aim to accelerate the growth of the highly engineered plastics processing equipment and services provider. As part of the deal, Bain Capital will purchase an ownership stake of … Continue reading Bain Capital invests in plastic processing equipment and services provider, Milacron
Engel acquires stake in India’s Electronica Plastic Machines
Engel has acquired a stake in Electronica Plastic Machines (EPM), an Indian manufacturer of hydraulic injection moulding machines. The terms of the deal were not disclosed. Through the acquisition, the Austria-based injection moulding machinery manufacturer plans to strengthen its presence in the Indian market. EPM’s manufacturing facility in Pune will serve as a hub to … Continue reading Engel acquires stake in India’s Electronica Plastic Machines
Engel acquires stake in India’s Electronica Plastic Machines
Engel has acquired a stake in Electronica Plastic Machines (EPM), an Indian manufacturer of hydraulic injection moulding machines. The terms of the deal were not disclosed. Through the acquisition, the Austria-based injection moulding machinery manufacturer plans to strengthen its presence in the Indian market. EPM’s manufacturing facility in Pune will serve as a hub to … Continue reading Engel acquires stake in India’s Electronica Plastic Machines
Kazakhstan Increases Agricultural Exports, Plans to Boost Machinery Production
ASTANA – Kazakhstan is ramping up agricultural exports while meeting domestic needs, increasing preferential financing in the agro-industrial sector, reforming the subsidy system, and enhancing the production and leasing of agricultural machinery, the Prime Minister’s press service reported on Nov. 11. Rising crop exports According to the Kazakhstan Temir Zholy (KTZ) national railway company, Kazakhstan … Continue reading Kazakhstan Increases Agricultural Exports, Plans to Boost Machinery Production
Sumitomo cutting jobs, reorganizing German machinery production
Machine builder Sumitomo (SHI) Demag has announced plans to reduce staff and make structural changes in production at its German sites. The Oct. 14 announcement blamed weakening demand, which the company said is down 50 percent in 2024. Plastics processors in the automotive, electronics and construction industries haven’t been investing in their machine fleets, according … Continue reading Sumitomo cutting jobs, reorganizing German machinery production
Moretto to debut new granulator at Fakuma
Italy-based Moretto will unveil the GR 6050 HYPER CUT, a starve-feeding granulator equipped with 15 movable blades. Designed to process waste materials like sprues and blowed parts, the granulator features a 160-degree grid that promises increased productivity and reduced energy consumption, in line with the key themes of this year’s Fakuma. Also on display will … Continue reading Moretto to debut new granulator at Fakuma
CMG Granulators launches new cutting chamber design at PRS ME&A
Machinery manufacturer CMG Granulators has unveiled a new cutting chamber design at the Plastics Recycling Show Middle East and Africa (PRS ME&A), taking place in Dubai between Sept. 10-12. The Italy-based manufacturer introduced the new design for its Evoluzione series granulators. The new rotor configuration allows the rotor blades to cut the plastic feedstock perpendicularly against the … Continue reading CMG Granulators launches new cutting chamber design at PRS ME&A
Arburg offers hybrid machine technology with reduced material usage
At FAKUMA 2024, Arburg will be presenting a high-speed application for medical technology in the form of a hybrid Allrounder 570 H: 64 syringe plungers with a product design specifically optimised for reduced material usage will be produced in a cycle time of around just six seconds. The application demonstrates the advantages of combining hybrid machine technology … Continue reading Arburg offers hybrid machine technology with reduced material usage
Arburg to exhibit Electric Allrounder at FAKUMA 2024
Following its world premiere at NPE in Orlando, US, and its European premiere at Plastpol in Kielce, Poland, Arburg is showing the Allrounder 720 E Golden Electric for the first time at a trade fair in Germany at FAKUMA 2024. The extension of the electrical machine portfolio helps customers to meet current challenges such as increasing price pressure … Continue reading Arburg to exhibit Electric Allrounder at FAKUMA 2024
EcoCortec launches permanent ESD Film powered by Nano-VpCI
EcoCortec, the European subsidiary of Cortec Corporation, launched EcoSonic VpCI-125 PCR HP Permanent ESD Films and Bags made with a guaranteed 30% post-consumer recycled content of high, consistent quality. The permanent ESD film is powered by Nano-VpCI with a high content of post-consumer recycled plastic. High-performance anti-static, corrosion inhibiting film and bags are aimed for use in the protection of static sensitive … Continue reading EcoCortec launches permanent ESD Film powered by Nano-VpCI
Maget named next CEO at Sumitomo (SHI) Demag in generational transition
Christian Maget will be the new CEO of Sumitomo (SHI) Demag Plastics Machinery GmbH, rising from the position of chief financial officer to succeed Gerd Liebig, who is retiring after leading the company to offer all-electric injection molding machines to every market. Maget, 48, also will continue to be responsible for finances, human resources and … Continue reading Maget named next CEO at Sumitomo (SHI) Demag in generational transition