Growth is forecast for molding segments
WELLESLEY, MASS. The global market for metal injection molded parts will grow 14 percent a year through 2014, hitting $1.9 billion. Demand for ceramic injection molded parts will grow even faster, 15.2 percent annually, and reach $801 million by 2014, according to a report from BCC Research in Wellesley.
``Powder injection molding is booming on a global basis because of its ability to either create unique new products or replace older technologies at significant savings,'' the report said. ``The process allows designs of the very complex net shapes that are made via plastic injection molding, but in materials metals and ceramics that have properties far in excess of plastic.''
One example is metal injection molded parts for medical and dental applications, such as jaws in new surgical instruments.
The report studies North America, Asia, Europe and the rest of the world. Asia has the largest segment of the market for metal molding. North America leads in ceramic molding.
The 242-page study is available from BCC Research.
China compounder publicly traded in US
HARBIN, CHINA Chinese compounder Harbin Xinda Macromolecule Material Co. Ltd. now is publicly traded in the United States. After completing a reserve merger, the company started trading Jan. 6 over the counter on the Nasdaq Bulletin Board.
Xinda, based in Harbin, claims to be one of China's largest compounders, supplying engineering resin compounds to the auto industry. The firm's products go into the exterior and interior trim parts of more than 30 automotive brands manufactured in China, including Audi, Red Flag, Volkswagen and Mazda.
Xinda reported $55.8 million in sales, with a gross profit margin of 25 percent, for the first nine months of 2008.
Xinda made the transition to a publicly traded company through a complicated transaction involving several other companies.
The name of the publicly traded company is China XD Plastics Co. Ltd., and its shares are traded under the ticker symbol NBTE, which it inherited from the stock's previous issuer, NB Telecom Inc., a pay-telephone company.
China XD's new management team includes Jie Han, chairman, chief executive officer and chief financial officer; Qingwei Ma, chief operating officer and director; and Junjie Ma, head of research.
In a Jan. 6 news release, Xinda cited its annual production capacity at 88 million pounds and a full-time headcount of 296. However, previous media coverage and Xinda's own Web site suggest a yearly capacity of 220 million pounds.
The company's investor relations representative explained that the capacity is 88 million pounds under the public company, and the remaining 146 million pounds of capacity currently idle is under Xinda's sister company, Xinda High-Tech.
``Management has agreed to buy that [sister company] as soon as it can raise the capital,'' according to Ed Job, a New York-based financial writer at CCG Investor Relations.
Press maker Toshiba adds sales rep firms
ELK GROVE VILLAGE, ILL. Toshiba Machine Co. America, the injection press supplier in Elk Grove Village, recently named two sales representative firms.
PNA Plastics Equipment of St. Charles, Ill., covers northern Illinois, southeast Wisconsin and northwest Indiana. PNA, founded in 2002, is a four-person representative agency headed by John Nelson and Joe Prestinario.
Toshiba also named Southeast Polymer Solutions Inc. of Kennesaw, Ga., to handle Georgia, Alabama, Mississippi, North Carolina, South Carolina and Tennessee. Key principals of the five-person sales firm are President Dan McKay and Vice President Tom Baker.
Shipments to rise for packaging equipment
ARLINGTON, VA. The Packaging Machinery Manufacturers Institute said U.S. shipments of packaging equipment rose 3.9 percent in 2007, fueled by strong exports thanks to a weak U.S. dollar.
The increase extended the streak for packaging machinery shipment gains to six consecutive years, although the growth rate slowed down, according to the trade association in Arlington.
The food market generates the largest percent of machinery sales to make packaging, at 37.9 percent, followed by beverage (22.3 percent) and pharmaceutical/medical devices (9.9 percent). Combined, those three end-use markets account for 70 percent of total shipments.
PMMI predicts U.S. packaging machinery shipments will grow at an annual rate of 1.9 percent from 2008 through 2010, to hit $6.5 billion by 2010.
By far the fastest-growing category is capping, overcapping, lidding and sealing machinery.
Gloucester film line installed at Accutech
GLOUCESTER, MASS. Gloucester Engineering Co. Inc. has installed a seven-layer blown film line at Accutech Films Inc. of Coldwater, Ohio.
The 64-inch-wide barrier film line has seven extruders that surround an Optiflow low-profile die with encapsulated feed-port technology.
An extruder-extraction system allows the screw to be removed while the die remains in place.
This is the 15th production line at Accutech, which makes specialty films to customers in food and beverage, automotive, agricultural, advertising, medical and industrial market segments.
Gloucester Engineering is based in Gloucester.
Firms work together on composite pipes
VIENNA, AUSTRIA Vienna-based extruder maker Cincinnati Extrusion GmbH and Maintools GmbH & Co. KG are working together to supply complete production lines for overlap-welded, multilayer composite pipes and drip irrigation pipes, to the global market.
Maintools, of Schweinfurt, Germany, makes downstream equipment for pipe.
Medical firm buys two Uniloy machines
SAULGRUB-ALTENAU, GERMANY Gaplast GmbH, a German pharmaceuticals company, bought two Uniloy Milacron injection blow molding machines, with clamping forces of 56 and 60 metric tons, for injection blow molding.
Stephan Kneer, Gaplast technical director, predicts growth in injection molding applications at the company, based in Saulgrub-Altenau. Only a few suppliers to the pharmaceuticals market use injection blow molding, he said.
Injection blow molding is more efficient for making single-skin containers for aqueous solutions than are alternative processes such as extrusion blow molding, which produces parison waste, or thermoforming, with relatively high wall thicknesses.
One feature of the Uniloy Milacron machines, models UMIB 70 and 78, is the arrangement of hydraulic components under the turntable, so the work area can be oil free. Gaplast also ordered nickel-plated surfaces for this area, so the company can use a steam jet to clean it.
Gaplast molds the containers, and packages them in two bags in batch sizes up to 400 units. The bottler opens the outer, airtight bag in its own clean room and fills the containers. The injection blow molding machines are equipped with a laminar-flow compartment to ensure a clean room environment.
The mold-making division of MGS Manufacturing Group Inc. in Germantown, Wis., has purchased a RÃ¶ders RXP 500 DS five-axis milling machine for its new electrode manufacturing cell. ... York, Pa.-based blow molding machinery maker Graham Engineering Corp. has named a sales and service representative covering Mexico: Representaciones Technipak SA de CV of Tlalnepantla, Mexico.