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

Flexibility for complexity key for Brampton

September 16, 2014 11:26 am ET

Blown film machinery maker Brampton Engineering Inc. is well positioned to meet growing demand for complex film structures, highly customized...    More

Image

US plastics machinery market still gaining strength in second quarter

September 15, 2014 5:01 pm ET

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

Image

PolyOne says its TPE won't irritate skin in wearable electronics

September 12, 2014 10:58 am ET

PolyOne Corp.'s GLS thermoplastic elastomers unit says its Versaflex CE 3620 compounds have met all ISO 10993-10:2010 testing requirements with no...    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

Beaumont battles technology theft from China

September 10, 2014 2:21 pm ET

John Beaumont, who runs a small company in Erie, Pa., making a product for injection molds called the MeltFlipper, is facing a website in China that h...    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