Ningbo, China, honors Demag for economic development

By Bill Bregar
Senior Staff Reporter

Published: July 15, 2014 4:19 pm ET
Updated: July 15, 2014 4:26 pm ET

Related to this story

Topics Machinery, Product News
Companies & Associations Demag Plastics Group

Demag Plastics Machinery (Ningbo) received an award for outstanding contribution to the economic development of Ningbo, China.

The Camellia award is presented once a year by the city of Ningbo to non-domestic companies for contributing to the city’s economic and social development.

Ningbo is a center of plastics machinery manufacturing in China.

At a presentation ceremony, Stephan Grief, CEO of Demag Plastics Machinery (Ningbo) thanked Deputy Mayor Wang Jiang Hou, who presented the award.

The company is a unit of the German-Japanese injection press maker Sumitomo (SHI) Demag Plastics Machinery GmbH.

Sumitomo Demag is investing about 7 million euros (US$9.5 million) to expand production in Ningbo from about 650 injection molding machines a year to 1,000 by 2015.


Comments

Ningbo, China, honors Demag for economic development

By Bill Bregar
Senior Staff Reporter

Published: July 15, 2014 4:19 pm ET
Updated: July 15, 2014 4:26 pm ET

Post Your Comments


Back to story


More stories

Image

Arburg inks training pact with Taiwan's Ming Chi University

October 31, 2014 2:24 pm ET

German injection molding press maker Arburg GmbH + Co. KG announced this week that it has inked a cooperative deal with Taiwan's Ming Chi University...    More

Image

Hong Kong injection molding equipment maker enters US market

October 31, 2014 1:39 pm ET

Hong Kong-based L.K. Technology Holdings Ltd. is entering the North American plastics processing market with a line of its eXcel injection molding...    More

Image

Packaging veteran Piercy takes over at R&B

October 31, 2014 12:30 pm ET

R&B Plastics Machinery LLC, which makes blow molding machines and single-screw extruders in Saline, has named 21-year packaging veteran Fred Piercy...    More

Image

Hewlett-Packard jumping into the booming business of 3-D printing

October 30, 2014 2:26 pm ET

The world of 3-D printing has a new player — and it's a major name from the world of office printers: Hewlett-Packard Co.    More

Image

Five-axis flexibility paying off for Sepro and its customers

October 29, 2014 1:47 pm ET

French robot maker Sepro Robotique expects to generate 78 million euros ($99 million) in 2014 sales — 17 percent more than 2013 — as Sepro...    More

Market Reports

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events