DUSSELDORF, GERMANY — Krupp Kunststofftechnik GmbH is the new owner of Battenfeld Pugliese Equipamentos Ltda.'s blow molding machinery business in SÃo Paulo, Brazil.
Krupp announced Oct. 22 at K'98 in Dusseldorf that it bought 100 percent of the Brazilian company, which until recently had been a joint venture between Battenfeld GmbH and two Brazilian shareholders.
Battenfeld announced in July that it would sell the company's blow molding operations and downsize its injection press business, which it renamed Battenfeld do Brasil.
At the time, Battenfeld said it no longer made sense to own the blow molding operations because it had sold its two major blow molding machine lines in 1996. Davis-Standard Corp. now owns the former Battenfeld Hartig business, and Krupp owns Fischer Blasformtechnik.
Krupp is a major blow molding machine supplier. Werner Fillmann, chairman of Krupp Kunststofftechnik of Essen, Germany, said the company expects that the Brazilian operation will start by making extrusion blow machines capable of manufacturing 10-liter containers, plus six- and 10-station injection stretch, two-stage machines to make PET bottles.
In the very near term, Krupp wants to add 16-station PET bottle machines, according to Fillmann.
The company wants to serve large soft drink companies including Coca-Cola Co. and Pepsico, which are growing in Brazil.
``It's a very large market,'' Fillmann said at K'98.
Fillmann said the Brazilian operation will relocate to a new building, near its two existing plants in SÃo Paulo. In addition to Brazil, the unit will make machines for the rest of the South American market.