Injection press giant Ningbo Haitian Group Co. Ltd. may open a production facility in India, adding to its factories in China, Turkey, Brazil, Italy and Germany.
``The project is hopeful to be approved [by the board later] this year,'' technical director Lin Zaisheng said in a public presentation May 20 in Guangzhou.
Haitian sold more than 200 presses in India in 2006, the company said, which puts it in third place in market share behind Demag Plastics Group and second-place Milacron Inc., both with production facilities in India.
The new factory will boost Haitian's sales in India, Lin said at the China-India Plastics Industry Summit 2007.
Haitian's Indian sales representative, Electronica Machine Tools Ltd., said Haitian and Electronica plan to build a joint venture plant to make presses with clamping forces under 450 metric tons. Associate Vice President Milind Agnihotry said the Pune-based company makes about 130 injection presses a year.
In China, Haitian claims a 20 percent share of the $2 billion domestic injection press market. But the demand for imports and presses manufactured by multinational companies in China is larger, standing at $3 billion annually.
To distinguish itself from other Chinese press makers, Ningbo-based Haitian is touting its servo-motor-driven hydraulic presses, all-electric machines and large-tonnage, two-platen presses.
Lin said Haitian started developing all-electric machines in 2000 and commercialized the product in 2006. ``We have sold a total of about 200 all-electric presses so far,'' he noted.
Haitian will expand the all-electric series to 50-400 metric tons by end of the year, Executive Vice President Helmar Franz said at Chinaplas, held May 21-24 in Guangzhou.
Franz said Haitian will become the only non-Japanese Asian producer of all-electric machines in large quantities, defined as more than 500 units a year.
Haitian claims to make 18,000 presses a year, from 60-6,000 metric tons. It employs nearly 3,000 and sells to more than 30,000 processors in 80 countries, Lin said.