Plastics News - Show Daily - October 24, 2022 - 30

30 * Plastics News, October 24, 2022
SHOW DAILY
Chen Hsong
Continued from Page 1
hundred injection presses, worth
up to 350 million Chinese yuan
($48.3 million).
" That order is very important
because it shows that we are fulfi
lling the requirements of the
auto industry, " said Chiang.
BYD has been expanding globally.
The carmaker is 19 percent
owned by Warren Buffett's
Berkshire Hathaway and said its
third-quarter profi ts likely more
than tripled amid market growth,
Reuters reported Oct. 18.
Chen Hsong said BYD is buying
both its two-platen machines and
its MK6 series.
The injection press maker,
which is publicly traded on the
Hong Kong Stock Exchange, said
it sells more than 20,000 machines
a year. In its last fi scal year ending
March 31, it reported sales of
HK$2.72 billion (US$347.5 million).
At K, it was showing an upgraded
version of its fl agship
MK6 line, a new MK6.6 Euroseries
model with easier-to-use interfaces,
including a control unit from
Austrian fi rm B&R Industrial Automation
GmbH. It was molding
a polypropylene lunchbox on a
15-second cycle time.
" What we did is we optimized
the machine design, " said Chiang.
" We hear what the customer
needs. The most important feature
we changed on the MK6.6 is
the user interface experience. "
As well, the company was exhibiting
one of its Speed-Pack
II 400 presses, with integrated
robots and in-mold labeling systems,
designed for precision, thinwalled
products.
It shaves one second off the cycle
time of the model it replaces,
giving it a cycle time of 5.6 seconds
for an eight-cavity polypropylene
cup mold.
Dave Fung, senior assistant to
the chairman, said the Speed Pack
II was developed to complement
the MK6 and 6.6 models, which are
aimed more at general applications.
The new machines are part of
the company's strategy to adapt
to a changing economy in China,
where newer applications like
smart appliances and electric
vehicles are doing well. China accounts
for nearly 80 percent of its
sales, Chiang said.
" I think only certain industries
are booming, " she said. " The
electric car industry is booming.
Smart devices are also doing well.
But more traditional industry is
facing a bit of a slowdown. That's
why the message is mixed. "
In the company's last fi nancial
report to the Hong Kong Stock Exchange
in June, it cataloged both
broad economic challenges and
more immediate problems, like
managing its operation through
citywide coronavirus lockdowns
that continued this year in Shenzhen,
China, where it has its fl agship
factory.
In its business, Chiang said some
older, established markets for its
molding machines, like household
electronics and toys makers, have
not been faring as well.
It reported profi ts before taxes
for the year were down 12 percent,
as the economy slowed later
in the year. But the company is
pushing into new segments.
" We are penetrating the newera
industries, " Chiang said.
At K, Chen Hsong Holdings Ltd. was showing an upgraded version of its fl agship MK6 line, a new MK6.6
Euroseries model and Speed-Pack II 400 presses. Plastics News photo by Caroline Seidel
Energy savings a
priority for Plastiblow
By Joseph Pryweller
Plastics News Staff
Energy savings continue to be a
market imperative for blow molding
equipment companies exhibiting
at K 2022, as does the need to
run recycled materials.
For Italian supplier Plastiblow
srl, that has translated into the
launch of a new coextrusion machine
that requires less energy
and runs post-consumer resin at a
fast, productive pace.
" We needed to have
as much energy effi
ciency as soon as
possible, " said Sales
Manager Francesco
Varuzza of Corsico, Italy-based
Plastiblow.
The machine works
off the concept that
the less material is used in production,
the more energy can be
saved. The new machine is designed
for fl exibility in a continuous
extrusion process, with a
toggle system that can shift from
smaller servo motors for lower
tonnage to that of higher-tonnage
output, Varuzza said. The use of
a coextruded, three-layer head is
effi cient, using 0.28 kilowatts per
hour of energy in most confi gurations,
low for industrial packaging
applications, he said.
Recycling also is a focus. The
machine on display at K 2022
uses a polyethylene compound
from French-based resin producer
TotalEnergies that includes 50
percent post-consumer material
comparable in quality to virgin
PE and is able to be colored.
The machine produces stackable,
20-liter industrial packaging
containers in two cavities and a
three-layer confi rmation.
PLASTIBLOW
SRL
Hall 14,
Booth B56
Plastiblow, a unit
of plastics processing
group Plastimac,
has also established
a collaboration with
blow molding machine
producer Sipa
SpA, Varuzza said.
The companies will
exchange
customer
lists and potentially work on
packaging R&D solutions, he said.
In March, Plastiblow established
a presence in the Americas
by opening a spare parts and service
center in Miami, called Plastiblow
North America LLC, along
with distributor partner Plastec
USA Inc. The center is servicing
both the United States and Mexico,
with Mexico being a primary
market for many Plastiblow machines,
Varuzza said.
http://www.polystarco.com

Plastics News - Show Daily - October 24, 2022

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