India's Steer to add manufacturing capacity

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: October 23, 2013 10:14 am ET
Updated: October 23, 2013 10:21 am ET

Steer Engineering extruder

Image By: Steve Toloken, Plastics News Babu Padmanabhan

Related to this story

Topics Extrusion, K 2013, Business News & Features

DÜSSELDORF, GERMANY — Indian extruder maker Steer Engineering Pvt. Ltd. is expanding manufacturing capacity by 50 percent at its Bangalore headquarters and is building a larger plastics application center, as it targets technology to make its equipment more energy efficient.

At K show, Steer introduced a modification to its extruder models that it says allows its machines to run at full power across a range of extrusion speeds, a development company founder Babu Padmanabhan says if similar to applying a car's automatic transmission to the motor.

The expansion will give Steer capacity to make up to 150 extruders a year for the plastics industry, compared to 100 now, and will also increase its ability to make screw elements by about one-third, the company said.

"For us in year-on-year growth, the U.S. and China are drivers," said Padmanabhan, who is also managing director. He declined to disclose the size of the investment but said both projects will happen next year.

In an interview at Steer's booth, he said company sales grew 10 percent in 2011 and 2012, and the company is seeing even higher results this year.

Steer also supplies extruders to the pharmaceutical, food processing and paint industries.

Padmanabhan said Steer's technology offerings and service and application development centers in the U.S. and Japan are helping it grow.

At K, the firm unveiled its "Plus" technology, designed to make it easier for the machine to operate at full power at different extrusion speeds. "This is a way to improve the machine utilization and therefore energy efficiency," said Padmanabhan.

The technology targets applications with small production runs and frequent changes. Padmanabhan said he believes that 50 percent of extrusion applications are run at poor efficiency and those cases could see "substantial improvement, up to 30 percent."

He said K has helped his firm prepare for a push into the European market, where it has less of a presence and does not have a technical and application center.

"We really got an opportunity to identify and work with people who can provide the kind of service we need," he said.


Comments

India's Steer to add manufacturing capacity

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: October 23, 2013 10:14 am ET
Updated: October 23, 2013 10:21 am ET

Post Your Comments


Back to story


More stories

Image

Auto supplier Cooper-Standard to trim operations in Europe

January 22, 2015 11:08 am ET

Novi, Mich.-based Cooper-Sandard Holdings Inc. said Jan. 21 it plans to consolidate its operations in Europe, including reducing manufacturing in...    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