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Toshiba buys India’s L&T


Indian engineering group Larsen & Toubro is to sell its L&T Plastics Machinery business, which makes injection moulding ma- chines at its plant in Chennai, to Toshiba Machine of Japan. L&T Plastics Machinery


was established as a joint venture in 2000 with German injection machinery maker Demag Ergotech. The company, which manufactures three injection machine ranges extending from 40 to 1,300 tonnes, has been a wholly-owned subsidiary of Larsen & Toubro since 2009. L&T Plastics Machinery


generated sales of INR2,060m ($37m) and a profit after tax of INR110m ($1.9m) in 2011. Larsen & Toubro, said


the sale is in line with its strategy of focusing on its core activities in engineering and construction. ❙ www.larsentoubro.comwww.toshiba-machine.co.jp


Sabic adds Stamax LFT capacity in Europe


Sabic Innovative Plastics is increasing capacity for its Stamax long-glass-fibre-filled polypropylene (LGFPP) composites at its Genk plant in Belgium, with work already underway on a new production line scheduled to start operation in the second half of 2013.


The Genk PP compounding


facility was opened in 2010 with a 30,000 tonnes/year Stamax LGFPP line alongside two lines for other PP compounds. With a combined capacity of 100,000 tonnes/ year, it was the largest greenfield compounding plant ever built in Europe. Leon Jacobs, Sabic


Innovative Plastics’ automotive leader in Europe explained that the plant was designed to be expanded when required. “It took only two years before we needed to scale up with this new, state-of-the-art produc- tion line because our Stamax composite resins have become


Sabic is expanding Stamax capacity at its huge Genk compounding plant in Belgium


a material of choice for a growing number of automotive applications”. Stamax composites are


produced using a proprietary “wire coating” process that is said to allow higher line speeds than pultrusion. The LGFPP composites produced at Genk go to Europe and Asia, while the American market is served by Sabic’s Bay St. Louis


site in Mississippi. The company said that


Stamax is being used in a grow- ing variety of automotive applications. In addition to front-end modules, door modules and seating struc- tures, it is now also being applied in tailgate structures and under-the-hood applica- tions where heat is non-critical. ❙ www.sabic-ip.com


Synventive acquired by Barnes for $355m


US-based aerospace and engineering specialist Barnes Group has acquired hot runner


systems manufacturer Synven- tive for $355m. Synventive which has


manufacturing operations in


the US, Germany and China, is expected to generate sales of around $160m this year. Barnes said the company will contribute around $55m to its 2012 group sales. Barnes Group president and


CEO Gregory Milzcik said the company sees tremen- dous growth opportuni- ties from the Synventive business. “The global demand for more complex,


6 INJECTION WORLD | September 2012


highly technical injection moulding solutions is antici- pated to grow substantially,” he said. “We are eager to add Synventive’s innovative products and services to Barnes Group’s core manufac- turing capabilities and to work with them to create a stronger, more dynamic presence in the global marketplace.” ❙ www.synventive.comwww.bginc.com


www.injectionworld.com


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