Thai blow molding machine maker to double capacity

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: October 29, 2012 6:00 am ET

Related to this story

Topics Blow Molding, Machinery

HO CHI MINH CITY, VIETNAM (Oct. 29, 1:05 p.m. ET) — Thai blow molding machinery maker SMC Corp. Ltd. is spending 40 million euros ($51.7 million) on an expansion that will roughly double its capacity, reflecting what it said was demand from increasing population and economic growth in Southeast Asia and other emerging markets.

The Bangkok-based company, which is Thailand’s largest machinery maker and one of the largest blow molding equipment suppliers in Asia, is seeing growth in the mid-market segments that it specializes in, said Renato Lao, sales and marketing manager.

The company expects to complete the expansion of its main factory site in Kanchanaburi, Thailand, in January, he said.

The mid-market growth is coming both from customers in developed markets like Western Europe looking for lower-cost options, and from newer markets like South America and the Middle East where companies want to upgrade their production, he said.

“We are lucky that we have played in the middle market,” said Lao, in an interview at the VietnamPlas show, held Oct. 24-27 in Ho Chi Minh City. “I think we are catching up on both sides.”

The company makes about 120 extrusion blow molding and injection blow molding machines a year, and has seen its average machine sizes become larger in recent years as its customers want to produce more bottles per machine, he said.

That need for efficiency in bottle production reflects economic growth and rising consumption, and has also meant the firm has tripled revenues in the last eight years, because the bigger machines carrying a higher price tag, he said.

He declined to disclose company sales.

SMC’s largest markets are still in Southeast Asia, including Thailand, Indonesia and Malaysia, but it is seeing more interest from the Americas and Middle East, he said.


Comments

Thai blow molding machine maker to double capacity

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: October 29, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

US plastics machinery market still gaining strength in second quarter

September 15, 2014 5:01 pm ET

U.S. plastics machinery shipments in the second quarter continued to outperform activity in 2013, according to data from Society of the Plastics...    More

Image

Vanee Foods adding hot-fill line

September 15, 2014 1:55 pm ET

Vanee Foods Co. expects to have a new hot-fill bottling line operational at its Broadview, Ill., facility by the end of this month.    More

Image

ATS goes global with acquisition of M+W Process Automation

September 10, 2014 2:49 pm ET

ATS Automation Tooling Systems Inc., a maker of factory automation systems in Cambridge, Ontario, has agreed to buy a German company M+W Process...    More

Image

Orenda says new pulverizer improves efficiency through cooling

September 10, 2014 1:41 pm ET

Orenda Automation Technologies Inc. will unveil a new pulverizer with new cooling technology at the Rotoplas conference for rotational molders, Oct....    More

Image

Material handing systems maker expanding Kentucky operations

September 9, 2014 1:47 pm ET

Intelligrated Inc., which makes material conveying and palletizing equipment for warehousing and distribution, and manufacturing, is expanding its man...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events