Machinery

The packaging machine supplier has developed a new drivetrain technology to boost productivity, energy efficiency.

Hong Kong-based Chen Hsong Holdings Ltd. filled automaker BYD's order for 500 injection molding machines to equip 10 factories for electric vehicle production in just one year.

Investments from Asia-based machinery manufacturers in research and development have paid off with energy savings and niche machine features "at a fraction of the price" of their competitors, regional industry leaders say.

Batavia, Ohio-based Milacron is giving its medium tonnage M-Series injection molding machines a North American rollout at NPE2024.

New investments in Europe, North America and Southeast Asia drive growth for Haitian while supply chain changes, and lower raw material costs add to the bottom line.

Executives point to interest rate hikes, excessive inventories of some goods and economic uncertainty as creating a perfect storm for a slowdown.

An excess of consumer container capacity is expected to level out next year as processors face new pressures to use less plastic or adapt to alternative materials to advance sustainability.

North America's largest trade show for the plastics industry is coming off a six-year hiatus with fresh programs, technology and faces.

Injection molding machinery sales are down in 2023 — cut in half for some — as excess capacity from the pandemic is put to new uses and higher interest rates have delayed some investments.