news | 2016 China XD aims for global growth
Leading Chinese compounder Xinda Group (better known as China XD Plastics) detailed its plans to broaden its applica- tion base and to extend its reach into Europe and the US markets.
Chief Operating Officer
Qingwei Ma said the company, which is the second largest compounding company in China and the number one supplier of polymer compounds to the country’s automotive industry, is following a two-pronged strategy. “In China we want to acquire companies with customers. In the European and US markets we want to acquire small boutique companies with specialty expertise,” he said. In China, the company aims
to buy firms that are already active in high growth vertical sectors outside of automotive, such as food packaging, transportation, electrical and aviation. However, in Europe and the US it is looking for companies with technologies
The new R&D facility will China XDs newest production plant at Sichuan in China
and knowhow it can use to raise its level of service. “Step one is to find partners [in the US and Europe]. Once we find the relationships we would want to buy a majority share,” he said. “The key strategy is not to sell materials into the US [or European] market; it is to sell material into China by leveraging the technologies we can acquire in the US and Europe.” Technologies that could be on the US and European target list include long fibre thermo-
plastics (LFTs) and bio-based plastics. While the company does not have a specific timescale for overseas acquisitions, Qingwei Ma said it is a key element in a development strategy that saw it recently open a manufactur- ing site in Dubai to service international customers in the Middle East and Russian markets. The company also announced plans at K2016 to build a Global R&D facility at Shanghai that will become operational during next year.
focus on development of high performance petroleum-based masterbatches and com- pounds, as well as bio-based plastic materials and 3D print resins. Qingwei Ma said 3D print is an area it believes it must be active in. “There are big demands for 3D print from the automotive market. Without 3D print we cannot be involved in the design phase; with it we can be involved in early design,” he said. “We also want to develop 3D materials for personalised design. China XD sees personalised design and customised production as a huge potential market.” NASDAQ listed China XD
Plastics posted annual sales of around US$1bn for 2015. It operates more than 100 compounding lines at its 10 operating sites in China and Dubai and claims a total production capacity of 400,000 tonnes. ❙
www.chinaxd.net
Gneuss puts emphasis on recycling systems
Gneuss Vice President of Sales and Marketing Monica Gneuss said the aim of the company’s display at K2016 was to emphasise its recycling system capabili- ties, highlighted with the example of a Gneuss Processing Unit (GPU) PET flake recycling system linked to its brand new Jump IV booster. The Jump system is designed for
installation directly downstream of the GPU and is claimed to provide a fast and more cost effective alternative to solid state polymerisation. The unit is said to allow IV to be improved by up to 0.3 dl/g in the melt phase with minimal energy consumption.
22 COMPOUNDING WORLD | November 2016 The Jump unit functions by keeping the
molten polymer under vacuum while passing it over a series of rotating elements, exposing a large surface area of melt and allowing residence time to be controlled. The company says the vacuum prevents exposure of the molten polymer to oxygen during polycondensation, keeping yellowing to a minimum.
Jump units are
available with throughputs of between 100 and 2,000 kg/h and can be used on
Jump offers a cost
effective in-line option for PET IV enhancement
www.compoundingworld.com
pellet production lines or as part of direct recycling plant for production of fibres and strapping. At the show, the company exhibited a Jump Model V600 connected to a 400 kg/h GPU comprising an MRS90i extruder configured with intermediate material buffer, auger crammer/ feeder, RSFgenius rotary filtration system and VIS online viscometer. ❙
www.gneuss.com
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