news
One51 snaps up IPL in ‘transformational’ deal
Irish plastics and environmen- tal group One51 has bought a majority stake in IPL, a Canadian-headquartered producer of injection moulded and IML packaging. IPL operates manufacturing plants at Quebec and New Brunswick in Canada and Kansas in the US and employs 800 people. The company produces around 2.8bn parts each year and generated sales in 2014 of around CAN$215m. One51 said the acquisition is expected to increase its group
revenues from €276m to €450m.
“This is a transformational
deal for One51 but it’s not just about scale; it’s about strategic fit,” said One51 Group Chief Executive Alan Walsh. “IPL gives us access to significant new markets for our existing products while also allowing us to bring a wide range of exciting new products, especially in food packaging and bulk containers, to our existing customers.” One51’s plastic injection moulding activities are focused in Ireland, the UK and China and are organised under the OnePlastics brand. The group, which includes Protech Perfor- mance Plastics and MGB
Plastics, operates 150 moulding machines and generated sales last year of around €150m. IPL was previously owned by Canadian private equity group Novacap and labour- sponsored fund Fonds de Solitarité (which will retain an 11% holding). One51 will hold a 67% controlling interest with the remaining shares held by Canadian public sector investor Caisse de Dépôt et Placement du Québec. IPL is particularly strong in produc- tion of IML. ❙
www.one51.com ❙
www.ipl-plastics.com
San Miguel PET opts for XForm
Peruvian PET preform manufacturer San Miguel Industrias PET (SMI) has installed a new XForm 500 production system from SIPA of Italy. The 144-cavity production system is produc- ing CSD preforms at the company’s subsidiary at
Guayaquil in Ecuador. It is the company’s third
XForm 500 system – SMI already has 96 and 128-cavity systems running at its plants in Ecuador and Peru. The equipment is producing CSD preforms with PCO 1881 neck finishes for a range of CSD
applications. Preform weights range from 17.7 to 54.7g. “We chose the XForm 500
for its high level of perfor- mance and its competitive overall total cost of ownership. Our initial experience was very positive, which is why we had no hesitation in ordering a third system for our Ecuador operation,” said SMI CEO Juan Alberto Franco. The new production system is equipped with SIPA’s latest high speed cooling robot, which the company says can be used with legacy end-of- arm-tooling. The robot can be configured to provide three or four cycles of preform cooling when used with SIPA’s own EOAT systems. ❙
www.sipa.it ❙
www.smi.com.pe
6 INJECTION WORLD | July/August 2015 news in brief
❙ UK-based plastics plating specialist Borough has bought a new Engel e-Motion 300 tonne all-electric machine to meet growing demand for plated and non-plated parts from the automotive industry. The company said the new machine will increase both its moulding capacity and manufacturing efficiency.
www.borough.co.uk www.engelglobal.com
❙ Polyone officially opened its Asia Innovation Centre at Shanghai in China last month. The new facility, which also becomes PolyOne’s regional headquar- ters, is intended to improve the support the company offers to customers in the Asia region and includes a laboratory, product display and training area. It will focus on regional and global R&D for fast growing markets such as healthcare, packag- ing, transport, electronics and consumer goods.
www.polyone.com
❙ French beam robot maker Sepro Robotique has announced OEM branding agreements with two Europe- an injection machinery makers, Billion of France and Stork IMM of the Netherlands. The agree- ments mean the injection machinery makers will be able to supply turnkey systems to customers incorporating Sepro robots under their own branding.
www.sepro-group.com www.billion.fr www.storkimm.com
www.injectionworld.com
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