news Adval Tech turnaround
Swiss engineering group Adval Tech reported a turnaround in EBIT for the fi rst half of 2012. Group sales for the fi rst six months amounted to CHF145m ($152m), with its moulds business accounting for CHF37m ($39m). Group EBIT was CHF0.7m ($0.73m) against a loss of CHF3.3m ($3.4m) for 2011 H1. The company said profi tability in the moulds
business was down due to losses at the AWM plant at Muri in Switzerland, which it hopes to reduce as the site takes on more manufacturing from the stronger Foboha division. Adval Tech said earlier this year its strategy
would in future focus on its global mould making activities –AWM, Foboha and Omni – and said it is in discussions with a number of interested parties over its automotive compo- nents and medical technology units, including its Styner+Bienz automotive (Switzerland and Brazil) and Teuscher and Adval Tech medical operations (Switzerland and China).
www.advaltech.com
PlastiComp claims translucent LFT
PlastiComp of the US has developed a translucent, long-fi bre reinforced com- pound that it describes as a “compounding breakthrough”. The patent-pending TPU
based product contains 20-40% long glass fi bres by weight. When moulded it is smooth and translucent, while
still maintaining the mechani- cal properties of a standard long glass reinforced thermo- plastic compound, the company claims. “Moulded structural parts
with translucent qualities lead to unique applications that require strength and optical transparency”, said Dr Raj
Mathur, vice president and director for technology and business development. Target applications include
medical devices, pumps, fi lters, power tools, sporting equipment, or anything requiring a see-through part-section.
www.plasticomp.com
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Nief Plastic grows with Poschmann
France’s Nief Plastic Group has acquired the German injection moulder Poschmann and its Poschmann Polska subsidiary in Poland. The acquisition is the
latest step in Nief Plastic’s European growth plans. The company, which is on
course to reach sales of €200m this year, now has 15 manufacturing locations operating more than 300 moulding machines across France, Germany, Poland, Hungary, Slovakia, Tunisia and Morocco.
The acquisition of the
€35m Poschmann opera- tion broadens Nief’s technology base, according to Nief Plastics president Gilles Nief. Poschmann’s German plant is particularly strong in pumps and valve moulding technology while the Polish facility includes thermoplastic and thermo- set moulding and metal pressing capabilities.
www.nief-plastic.com
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