Page 53 - Plastics News - January 2024

BUSINESS NEWS

Niigata forms joint venture with Haitian

iigata Machine Techno Co. Ltd. proving design and production meth- are still done at its Niigata City, Japan,
Nhas formed a joint venture in ods for Haitian’s all-electric injection factory, he added. “Niigata Machine
Japan with Haitian International Hold- molding machines. The two compa- Techno maintains the same quality
ings Ltd., China’s biggest manufactur- nies will each maintain their own sep- and capability as before,” Kakimoto
er of injection molding equipment. arate product lines. said. “Low-cost models have been
released already, and the quality is
The separate company, Niigata Haitian Masaki Kakimoto, Niigata’s manag-
Injection Molding Machine Co. Ltd., is ing director, will serve as president strictly controlled by Niigata to keep
equally owned by Japanese injection and CEO of Niigata Haitian Injection Japan quality.”
molding machinery maker Niigata and Molding Machine Co. Ltd. At the International Plastic Fair in Ja-
Ningbo-based Haitian and will “focus “Niigata Machine Techno sources pan this past October, Niigata intro-
on the development of electric mold- components and material through duced its new, low-cost CNS series
ing machine technology,” said Peter Haitian at a cheaper cost to lower the all-electric machines, which are built
Gardner, vice president of sales and machine production cost,” Kakimoto at the company’s Niigata City factory.
general manager of Niigata's distribu- said. “Haitian can learn manufacturing Casting and other mechanical compo-
tion operations in North America. nents are supplied by Haitian.
know-how [and] quality control from
The joint venture “will enable Niigata Niigata to improve their product qual- The CNS series machines will cost
to leverage Haitian Group’s mass pro- ity.” about 20 percent less than Niigata’s
duction technology and buying power Kakimoto stated that Niigata will standard MD series, Gardner said.
for producing high-precision Japanese continue to make all of its machines The machines are available in clamp-
molding machines in Japan at a lower in Japan. The company uses some ing forces ranging from 50-100 tons.
cost,” Gardner said.
components from Haitian, but final
Niigata will also assist Haitian with im- assembly, test runs and quality control

More recyclate can now be used in injection molding

plastic in the form of fibers for new ve- allows for enhanced sustainability and
hicle components. However, with the environmental responsibility in the
introduction of CirculenRecover PPC automotive industry. LyondellBasell
TRC 2179N, this recyclate can now is proud to be at the forefront of this
be used for the first time in injection transformative collaboration, which
molding. This breakthrough opens up showcases the Company’s commit-
new possibilities for the application of ment to innovation and sustainability.
recycled plastics. As part of this col- "Who would have thought that mari-
laboration, end-of-life fishing nets are time gear can be one of the solutions
yondellBasell, a global leader in collected and meticulously sorted by to create more sustainable cars?” says
Linnovation, is proud to announce type. They are then processed to cre- Michael Büdinger, Business Develop-
its involvement in a groundbreaking ate a high-quality plastic recyclate. ment Manager at LyondellBasell. “As
value chain collaboration aimed at LyondellBasell takes this recyclate part of the European Green Deal, the
transforming end-of-life industry from and expertly compounds it with virgin European Commission is currently in-
the maritime waste into innovative compounds to produce the grade Cir- vestigating measures to increase the
plastics. This collaboration includes a culenRecover PPC TRC 2179N. circularity of vehicles, one of them
renowned German OEM and a spe- The injection-molded components being the use of up to 25% of post-
cialized recycling company with ex- made from CirculenRecover PPC consumer plastic waste. Maritime
pertise in mechanically recycling plas- TRC 2179N are trim parts used in vis- gear will support OEMs in reaching
tic waste. ible areas for the interior of various this goal.”
Traditionally, the automotive industry car models. This development, which
has only utilized recycled maritime will be used in big-scale production,
PLASTICS NEWS 5353
January 2024 PLASTICS NEWS