Guangzhou Borch Machinery Co. Ltd. debuted a four-color injection molding machine at Chinaplas. Company officials boast that it is China's first European-style four-color press.
Chinese plastics processors annually import 400 million yuan ($52.4 million) worth of multicolor injection presses from Europe, said Wang Yip Kun, vice chief officer of research and development, at the Guangzhou show, which ran May 21-24. He said Borch's multicolor series was launched in June 2004 as an L-type, side-injection-unit, duo-color press. Now the line also includes a V-type, vertical injection unit in two-, three- and four-color models.
The four-color press features a second injection unit with a 13-degree angle beside the main injection unit. The distance between the centers of two nozzles is 140 millimeters. A third injection unit is mounted vertically on top of the fixed platen and saves floor space. The fourth injection unit is at a 90-degree angle to the main injection unit.
The 5-year-old company also claims to have made China's first two- and three-material in-mold-assembly mold, China's first 1,400mm rotary platen and its first large-tonnage two-color press, with 1,000 metric tons of clamping force.
Wang said the company has delivered more than 100 multicolor presses for about a third of the price of European brands.
The company also makes single-color presses starting at 15 metric tons. Faster Yuan, chief executive of overseas sales, said the electronic and electrical markets represent 40 percent of Borch's total sales, which reportedly were 260 million yuan ($32.6 million) last year.
The booming auto industry, especially with Japanese automakers' plants in Guangzhou, represents a growth opportunity for Borch, Yuan said. But Borch's leased, 560,000-square-foot production facility falls short on space. Yuan said the company will break ground on a 1 million-square-foot site in Guangzhou later this year.
The privately held company reported $7 million in exports last year. Major destinations are the Middle East, central Europe and South America.
After a restructuring of its overseas sales network, Yuan said exports are leaping this year, reaching $5 million in the first five months of 2007. He said the goal is to increase its export share of total sales from a fifth to a third.
Borch currently employs 550. Founder and President Zhu Kangjian previously worked in engineering and management positions with Chen Hsong Group and Zhejiang Shenda Plastic Machinery Co. Ltd., also known as Zhejiang Sound Machinery Manufacture Co. Ltd.