Pipe maker Jiangsu Huasheng plans major expansion

By Steve Toloken
News Editor / International

Published: March 6, 2013 11:44 am ET
Updated: March 6, 2013 11:47 am ET

Related to this story

Topics Construction, Pipe/Profile/Tubing, Extrusion, China

GUANGZHOU, CHINA — Aiming to diversify its product offerings, Chinese pipe and fittings maker Jiangsu Huasheng Plastic Co. Ltd. is spending 205 million Chinese yuan ($33 million) on a significant expansion of capacity at its headquarters in Changzhou.

The privately-owned company has broken ground on a new factory that will allow it manufacture more polyethylene and polypropylene pipe and fittings, expanding from its current offerings of PVC-related products, company officials said at an interview at the Water China 2013 trade show, held March 4-6 in Guangzhou.

Specific details of the capacity expansion have not been determined, but the company currently has 150 injection molding machines, from 60 to 2,200 tons, and four Cincinnati extrusion lines with a capacity of 50,000 metric tons at its Changzhou factory.

The new facility will be a significant expansion of capacity when it opens in one to two years, said Tommy Pan, a salesman in the company's international trade department.

Huasheng is making the investment because it wants to broaden its product line in the face of stiffer competition in its traditional PVC pipe markets, he said.

"The PVC market is quite tough right now," Pan said. "Just in the last year, there are more than five or six new factories in China. The competition is getting tougher and tougher and profit margins are getting down."

The company started in 1988 manufacturing for other pipe makers, but in 2008 launched its own brands, Huasheng and Cenit. It also started exporting three years ago, and today sells in the Middle East, Thailand, Germany and Africa, Pan said.


Comments

Pipe maker Jiangsu Huasheng plans major expansion

By Steve Toloken
News Editor / International

Published: March 6, 2013 11:44 am ET
Updated: March 6, 2013 11:47 am ET

Post Your Comments


Back to story


More stories

Image

Plastic products win Best of IBS awards

January 30, 2015 1:36 pm ET

LAS VEGAS — A year ago, inventor Jeremy Smith of Utah took his idea for an electrical outlet cover plate with LED lights on the bottom edge to...    More

Image

LG Hausys pulls out of Russian PVC profile market

January 30, 2015 11:17 am ET

LG Hausys Ltd., the building and decorative materials offshoot of South Korean giant LG Chemical Ltd., is pulling out of PVC window profile...    More

Image

US loses top investment destination spot to China

January 30, 2015 11:14 am ET

China has overtaken the United States as the leading global destination for foreign direct investment, according to a new report.    More

Image

China to lead the way on robots

January 30, 2015 11:12 am ET

More industrial robots will be operating in China’s production plants than in the European Union or North America by 2017.    More

Image

DuPont-Chenguang JV to produce fluoroelastomers in China

January 29, 2015 12:30 pm ET

DuPont Fluoropolymer Solutions and Zhonghao Chenguang Chemical Research Institute Co. Ltd. are proceeding with a 50-50 joint venture to serve the fast...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events