Hong Kong-based Akei Holdings Co. Ltd. said it is testing China's first all-electric blow molding machine with a customer in Europe. The new machine will be introduced to the market by end of this year, said Simon Tam, director and assistant executive officer.
Tam disclosed no details about the new machine, but he said it will meet global processors' increasing demand for energy-saving machines.
Akei touted its popular ``Mini'' model at Chinaplas, held May 21-24 in Guangzhou. Mini features a clamp stroke of 90 millimeters, screw diameter of 40mm and extruding volume of 20-22 kilograms per hour. With a dry cycle of three seconds, it makes 1-milliliter to 16-ounce polyethylene bottles. It also can process other materials such as polypropylene, PVC and glycoe-modified PET.
The employer of 1,500 workers also produces blow molds and high-precision injection molds at its 200-acre industrial park in Kaiping, China. It custom manufactures products with volume ranging from 1 ml to 1,000 liters at its 120,000-square-feet factory in Shenzhen, using its own blow molding machines. The blow molding lines operate around-the-clock to supply the packaging, automotive, appliances, furniture and toy markets.
To stay away from the price war in China, Akei has been making strides with exports, which represent 55 percent of its total sales and have grown 40 percent annually. Major export markets include the Middle East, South Africa and Southeast Asia.
Tam said exports reached 210 units last year. He said Akei sold two machines in Central Europe via a new sales representative in the first four months of this year.
Akei recently added machining equipment and enterprise resource planning systems in its China factories.
It sources components from around the world, including Vickers hydraulics and Allen-Bradley relays.