Mexico's plastics sector grew 10 percent in 2011
MEXICO CITY (Jan. 31, 2012) -- Mexico’s plastics industry grew 10 percent to just over $20 billion in 2011. But an industry official noted the lack of government support. “The industry would grow
much faster if there were. Even Taiwan, an island 245 miles long, builds more machinery than we do.â€
Global machinery demand growing 6 percent annually
CLEVELAND (Jan. 17, 2012) -- Global demand for plastics processing machinery is projected to rise 6 percent annually through 2015, according to a new market study. China will account for more than 40
percent of all additional global demand through 2015, according to the report.
Plastigo signs up as Borch distributor in Poland
GUANGZHOU, CHINA (Jan. 17, 2012) -- Chinese injection moulding machine maker Guangzhou Borch Machinery has appointed Plastigo as its exclusive distributor in Poland.
NPE exhibitors: Get published in PN’s preview issues
AKRON, OHIO (Jan. 10, 2012) -- Early April and the NPE trade show are just around the corner -- and so are Plastics News’ special report issues that will preview the show.
Seeing softness in China, Haitian drops plans for Dalian factory
NINGBO, CHINA (Jan. 10, 2012) -- Chinese injection press maker Haitian International Holdings Ltd. has canceled plans for a factory in the northern Chinese city of Dalian, saying the Chinese
government’s austerity measures have slowed down the market.
FCS announces North America agent
OSAKA (Jan. 3, 2012) -- Taiwan’s leading plastics machinery maker Fu Chung Shin Machinery Manufacture Co. Ltd. (FCS) has appointed Maruka Machinery as its agent for the North American market.
Husky executives promoted to global positions
BOLTON, ONTARIO (Dec. 27, 2011) -- Husky Injection Molding Systems Ltd. has promoted two of its top sales executives in North America and Asia to global vice president positions.
Recovery slow, but steady, for US plastics industry
WASHINGTON (Dec. 20, 2011) -- The U.S. plastics industry is continuing its slow recovery from the recession of 2008-09 -- and industry officials are optimistic about the future.
German machinery company sales strengthen in 2011
FRANKFURT, GERMANY (Dec. 13, 2011) -- VDMA, the German Plastics and Rubber Machinery Association. has raised it sales forecast for German plastics and rubber machinery sales -- but the group is
predicting a decline in 2012.
Global weakness hammers Chen Hsong earnings
HONG KONG (Dec. 13, 2011) -- China’s slowing manufacturing economy and difficult conditions in export markets in North America and Europe hammered Chinese injection press maker Chen Hsong Holdings
Ltd., sending revenues for the first half of its fiscal year down 27 percent, to HK$964 million (US$123.8 million).
Japan’s Nissei ASB keys up on India
 Aoki
South Korea’s Daelim opening BOPP film plant
SEOUL, SOUTH KOREA (Nov. 22, 2011) -- South Korea’s Daelim Industrial Co. Ltd. is opening a film extrusion plant for the packaging market, using a five-layer biaxally-oriented polypropylene film
line from Austrian equipment supplier Andritz Group.
Attendance at Japan's IPF show down 34 percent
TOKYO (Nov. 8, 2011) -- The recent International Plastic Fair, Japan’s largest plastics show, saw a sharp drop in attendance from the last edition in 2008, with the number of visitors down 34
percent to just over 43,700.
Haitian opens tech center in Tokyo
TOKYO (Nov. 8, 2011) -- In Sino-Japanese plastics trade today, almost all of the investment flows from Japan toward China. But injection press maker Haitian International Holdings Ltd. is reversing
that, at least in a small way, opening up a technical center in Tokyo to try to crack Japan’s demanding market.
Economic challenges push Japan's press makers abroad
TOKYO (Nov. 8, 2011) -- Pushed by the record-high yen and economic problems at home, Japan’s large plastic machinery manufacturing industry is accelerating its investment in lower-cost countries,
expanding both in China and elsewhere in Asia.
Toshiba plans injection press factory in Thailand
TOKYO (Nov. 1, 2011) -- Japanese injection press maker Toshiba Machine Co. Ltd. plans to establish a factory in Thailand, although the disastrous floods sweeping the country have delayed the startup.
|
