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

JSW looks to improve equipment servicing in Europe through contract

April 15, 2014 11:09 am ET

Tokyo-based manufacturer of extruding machinery Japan Steel Works (JSW) has signed an agreement with a Dutch company to help it improve servicing on...    More

CertainTeed and Saint-Gobain go green with new North American HQ

April 14, 2014 1:24 pm ET

Renovation work is ready to begin on a LEED-certified headquarters for building materials maker Saint-Gobain and its subsidiary, CertainTeed Corp.,...    More

Chinese plastic pipe production grows 10 percent

April 14, 2014 1:21 pm ET

KUNMING, CHINA — China’s plastic pipe production grew 10 percent last year, to 12.1 million metric tons, fueled by increasing...    More

Image

Two Chinese plastic pipe makers eye IPOs, as industry expects consolidation

April 7, 2014 4:32 pm ET

KUNMING, CHINA — Two plastic pipe makers in China are planning initial public offerings to fund nationwide expansions, hoping to tap into...    More

Eldon James sees more growth in 2014

April 7, 2014 2:30 pm ET

Now settled in its new home, plastics processor Eldon James Co. forecasts sales growth of 40 percent during 2014, coming on top of a 20 percent climb ...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events