MOSCOW (MRC) -- Krauss Maffei has opened its new plant in Jiaxing, with which the company plans to double its production capacity in China, said the company.
More than 600 customers and partners came to the opening ceremony of the new Chinese plant. In an exhibition, they saw ten different machine types and 16 different applications. These included machines that are developed and manufactured in China for the Chinese market, such as the PX Agile series of electrical injection molding machines, the ZE GP-Agile twin-screw extruders and a mixing and dosing machine. Among the processes presented were LSR processing, colorform and metal injection molding as well as special applications such as precision injection molding, optical lenses and freely sprayed high-gloss surfaces. The “Pioneering Plastics” innovation and development forum took place parallel to the exhibition, presenting new technologies and trends in the industry.
The new location in Jiaxing currently has more than 58,000 m? of floor space; another 37,000 m? property is reserved for future use. It offers space for research and development, technical design, manufacturing and logistics - and this for extrusion, injection molding and reaction technology. This means that Jiaxing within the Krauss Maffei Group will become another comprehensive functional headquarters outside of Germany.
"China and the rest of the world face the challenges that the corona pandemic poses for the manufacturing industry and the related industrial chains. In the meantime, the emerging new technologies and megatrends - intelligent manufacturing, digital services and solutions - bring new opportunities for our industry, ”said CUI Xiaojun, CEO of Krauss Maffei China. "The new plant in Jiaxing is another important milestone in Krauss Maffei's more than 180-year history, with which we want to further expand the Chinese market, improve our local capacities and create value for customers in China and worldwide."
The new plant is located in the Jiaxing Economic and Technological Development Zone in the Greater Bay Area, a regional economic cluster that China is currently expanding into a metropolitan region with great ambitions. The opening was actually scheduled for early February, but had to be postponed due to the coronavirus pandemic.
It was previously reported that NPP Polyplastic, the largest Russian manufacturer of thermoplastic composite materials, signed an agreement with KraussMaffei Berstorff GmbH in 2016 to modernize the production facilities of the Russian company.
As MRC informed earlier, Russia's output of chemical products rose by 4.4% year on year in May 2020 . Thus, production of basic chemicals increased year on year by 5.4% in the first five months of 2020. According to the Federal State Statistics Service of the Russian Federation, polymers in primary form accounted for the greatest increase in the output in January-May. Production of benzene was 110,000 tonnes in May 2020, which equalled the figure a month earlier. Overall output of this product reached 615,000 tonnes over the stated period, up by 1.7% year on year.
Krauss Maffei, the world's only provider of turnkey equipment for injection molding, extrusion and reaction technology, has merged its business divisions as well as the former brands KraussMaffei, KraussMaffei Berstorff and Netstal, under the auspices of the single brand KraussMaffei.
MRC