NEWS
New CEO at Borealis
Borealis has named Alfred Stern as its new CEO, with effect from 2 July. Former- ly with DuPont, Stern has been on the board since 2012 and is currently executive vice-president for the Polyolefin business, which he has led through a strategy re-direction leading to record profit- ability last year. He also led the acquisition of recycler MTM Plastics in Germany in 2017. Current CEO Mark
Garrett joined Borealis in 2007, during the final stages of a scrap-and- build programme in Europe. He has overseen growth and expansion, with a tripling of both volumes and net profits. �
www.borealisgroup.com
Stern takes over from Mark
Garrett in July
Wintec to start machine sales in Americas
Engel’s China-based subsidiary Wintec is expand- ing distribution of its injection moulding ma- chines into the US, Cana- dian, Mexican and Brazilian markets as of May. It will introduced itself to the US market for the first time at NPE2018 in May. Peter Auinger has been named Wintec’s president for the Americas, with responsibility for sales and service. He had previously built up sales in China for Wintec, then managed the firm in Mexico. A team of experienced service technicians and a spare parts warehouse are already in place.
Christoph Steger, Engel
CSO, said that Wintec sees strong growth in demand in the Americas for the kind of machines it supplies to handle standard applica- tions, as well as for more sophisticated ones. “By expanding the sales area to the American markets, as the Engel Group we can
The servo-electric Wintec E-Win series
provide tailored solutions at an attractive price/perfor- mance ratio,” he said. Wintec makes preconfig-
ured machines mainly for high-volume, single-compo- nent injection moulding at its site in Changzhou. The facility will be expanded to deal with the expected increase in orders. This is set to come onstream in the fourth quarter. The hydraulic two-platen
Wintec T-Win machines are used for large, three-dimen- sionally complex compo- nents in the automotive and white goods sectors, among
others. They are available with clamping forces of 450-1,725 tonnes. Also being launched in the Americas is the servo-elec- tric Wintec E-Win series, with clamping forces of 50-280 tonnes for a wide range of applications. n Engel has announced that Michael Feltes is becoming president of sales and service for Wintec in China and is consequently being replaced as vice president of the Packaging business unit by Frank Schuster , previously sales manager in packaging. �
www.wintec-machines.com
Platinum Equity completes Husky purchase
Platinum Equity has closed the acquisition of Husky Injection Moulding Systems International of Bolton, Ontario, Canada, from Berkshire Partners and OMERS Private Equity. A definitive agreement had originally been signed on 18 December 2017. Husky’s management team remain important investors in the business through continued equity ownership. Husky supplies highly engineered injection moulding equipment and services for the plastic injection moulding equipment industry, as well as PET systems, hot runners, after-market tooling, medical and speciality closure moulds, and after-market services. About 70% of its sales are now outside North America and it has 30 manufacturing locations in nine countries. �
www.husky.co
4 INJECTION WORLD | April 2018
Husky PET preform mould
www.injectionworld.com
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