DEMAG ERGOTECH
JVs in China and India to double capacity / Company plans to build larger machines
At the beginning of 2004, the injection moulding machine manufacturer Demag Ergotech (D-90563 Schwaig; www.demag-ergotech.com) intends to double the production capacities of the two joint ventures Demag Haitian Plastics Machinery Ltd. (Ningbo / China) and L&T Demag Plastics Machinery Pvt Ltd. (Chennai / India) from a current 300 machines to 600. According to spokesman Gerd Liebig, one in every four machines from the Demag Plastics Group is already being sold in China.
Demag Haitian will move to a larger production hall near its current location. At present, the company is itself manufacturing around 300 machines in the clamping force range of 500 to 3,300 kN, while another 250 are imported from Germany. The aim is to sell around 1,000 machines a year in China in the medium term. In addition, Demag Haitian intends to begin manufacturing machines in the 16,000 kN and above segment to meet the “growing demand for large-scale machines.” Series production is scheduled to begin at the end of 2004 or the beginning of 2005. Demag holds a 60% stake and the Haitian Plastics Machinery Co. Ltd. (Ningbo / China) a 40% stake in the joint venture, which has been in existence since 1998.
L&T Demag Plastics Machinery, a joint venture with Larsen & Taubro Ltd. (L&T, Mumbai / India; www.larsentaubro.com), claims to be the leader in its domestic market. It exports standard hydraulic and hydromechanical machines with clamping forces between 400 and 5,000 kN to Africa, Australia and the Middle East.
Demag Haitian will move to a larger production hall near its current location. At present, the company is itself manufacturing around 300 machines in the clamping force range of 500 to 3,300 kN, while another 250 are imported from Germany. The aim is to sell around 1,000 machines a year in China in the medium term. In addition, Demag Haitian intends to begin manufacturing machines in the 16,000 kN and above segment to meet the “growing demand for large-scale machines.” Series production is scheduled to begin at the end of 2004 or the beginning of 2005. Demag holds a 60% stake and the Haitian Plastics Machinery Co. Ltd. (Ningbo / China) a 40% stake in the joint venture, which has been in existence since 1998.
L&T Demag Plastics Machinery, a joint venture with Larsen & Taubro Ltd. (L&T, Mumbai / India; www.larsentaubro.com), claims to be the leader in its domestic market. It exports standard hydraulic and hydromechanical machines with clamping forces between 400 and 5,000 kN to Africa, Australia and the Middle East.
06.11.2003 Plasteurope.com [13946]
Published on 06.11.2003