Page 29 - Plastics Nuews October 2017
P. 29

CoMPANy NEWS



          HSIL plans to start production at  ActuaPlast adds injection

          Plastic pipe and fittings facility                     presses, finishing machine


             SIL Ltd (formerly Hindustan Sanitaryware Ltd)          ctuaPlast has three blow molding machines
         H–  known  for  its  Hindware  range  of  products  –  is   Awith high-temperature  capacity for  engineering
         planning to bring on stream its plastic pipes and fittings   materials at its Livonia facility. In May, the French
         manufacturing  facility  and  caps  and  closures  plant   automotive supplier purchased two new Milacron
         (required for packaging) by December. Both the units    injection machines — one with 55 tons clamping force
         are in Telangana. According to Sandip Somany, VC and    and  the  other  a  220-ton  press. The  company  also
         MD, the company is spending close to Rs. 160 crore for   purchased an automatic finishing machine from Italian
         the first phase of its CPVC and UPVC pipes and fitting   industrial equipment supplier GS Finishing Machines
         manufacturing plant generally used in plumbing and      srl that will be delivered at the end of October. The
         sanitation. Work on the second phase of the pipe making   company declined to comment on how much it had
                                              will start two     invested in these new  machines.The  company has
                                              years after        three Ritmo manual welding machines for producing
                                              phas e-1
                                              commences
                                              production.
                                              This  PVC
                                              pipes product
                                              line is an
                                              extens io n
                                              of its key
         building  materials  product  portfolio  (that  includes
         sanitaryware and home decor).
         Additional Rs. 150 crore has gone towards setting up a   prototype parts, but Tymen said the addition of the
         plant for the manufacture of security caps and closures.   automatic  finishing  machine  will  enable ActuaPlast
         These are generally required for protection of products   to offer customers a finished blow molded part for
         from counterfeiting and will be a value addition to its   mass production.
         packaging products division. The packaging division     "Before, we had to subcontract the injected parts to
         (that includes container glass and PET bottles)         the supplier, and now we'll be able to do everything in-
         contributes nearly 38 per cent of its turnover. “Both the   house," said Virginie Perennou Tymen, administrative
         pipe and fittings facility, and the caps & closure plant   manager at ActuaPlast. With these new machines, we
         should start commercial production by December this     plan to double our sales revenue," she added.
         year,” he told BusinessLine.
                                                                 ActuaPlast's sales objective is to reach $2.5 million
         This apart, the company is also spending another Rs.    in 2017 and $5 million in 2018 at the Livonia facility.
         50 crore towards de-bottlenecking at its sanitaryware   To run the new injection presses, the company has
         units in Telangana and Haryana. The de-bottlenecking    hired a plastics injection molding processor and plans
         should help the company take its capacity to 4.2 million   to hire a plastics machinist/welder by the end of the
         pieces. (Its current capacity is 3.8 million pieces.) The   year. In addition, Perennou Tymen said ActuaPlast
         company is looking to clock a turnover of Rs. 1,000     will hire seven other employees over the next year to
         crore from its consumer business vertical including air   cover sales, quality, project management, technician
         purifiers,  water  purifiers,  kitchen  appliances  and  so   and operator roles. ActuaPlast manufactures various
         on.The segment, he says, has seen an 80-100 per cent    under-the-hood technical parts, such as air intake
         growth, and this growth rate is expected to continue.   manifolds and air filters manufactured with injection
         The segment contributes around Rs. 150 crore towards    molding and 2D or 3D blow molded ducts for Tier 1
         HSIL’s turnover, at present.                            and Tier 2 suppliers. The company has headquarters
                                                                 in La Forêt Fouesnant, France, with an additional
                                                                 location in China.

                                                                            29      Octob er  2017  | Plastics News
   24   25   26   27   28   29   30   31   32   33   34