As one of the world's largest manufacturers of plastic and rubber machinery, De KraussMaffei Group, acquired by China National Chemical, continued to experience rapid growth in China.
According to the information obtained by China First Financial News from ChemChina, Goss, the president of KraussMaffei Group Injection Molding Department, recently said that the Group's injection molding business will have a 6.6% CAGR of global sales growth in 2012-2016. The global sales target is expected to further climb to 7%.
Goss said the focus will be on the Chinese market in the future, as KraussMaffei's sales growth in injection molding business in China is expected to reach 70% in 2017 alone.
"China is the most important market for us in the future, so we are implementing a strategy of more than 25% annual growth in the next few years," Goss said.
At present, China is a veritable plastics powerhouse with plastic output ranking the second in the world.In 2016, the total industrial output value of the plastics industry reached 3.5 trillion and the plastic enterprises in the country exceeded 140,000.As a result of the upgrading of China's consumption, including Demand for injection molded products from automobiles, construction, household appliances, foodstuffs, pharmaceuticals and other industries has boosted the demand for the entire injection molding and forming machinery.China has become the world's largest consumer of plastic machinery and accounts for 20% of the global market, , The major multinational companies are optimistic about this huge consumer market.But from the corporate product composition, high-end injection molding machine products are mainly from Germany, Japan's enterprises, a huge industry development opportunities for domestic enterprises to bring technological upgrading New requirement
Qian Guijing, former chairman of China Plastics Processing Industry Association, said earlier that China's injection molding industry is facing the challenge of transforming from traditional injection molding to intelligent injection molding. The development of Industry 4.0 has brought new opportunities for development for the injection molding industry. The entire industry is accelerating from the traditional Injection molding transition to intelligent injection molding, but the transformation process still need to overcome a series of technical problems.
In 2016, ChemChina announced the acquisition of KraussMaffei, the world's leading maker of rubber chemicals for the Onex Fund, for 925 million euros, directly to the most important player in the global injection molding market First-line business income in the bag, through KraussMaffei and China National Chemical Chemical Corporation's China Chemical Equipment Group strategic docking, directly enhance the technical level of its injection molding products.
Among them, China National Chemical Equipment Corporation can rely on KraussMaffei Group's brand influence, enrich the product chain, the production of injection molding, extrusion and reaction molding machinery to enhance its sales in China and its surrounding areas.Meanwhile, Klaus With approximately 130 sales locations worldwide and a sales and service team of more than 1,100 employees, approximately 100 service centers, approximately 700 service and spare parts employees, can provide worldwide influence and after sales service capabilities. 24-hour online monitoring, remote diagnostics, real-time assistance, and a unique full-service package covering system installation and configuration, parts logistics, maintenance, etc. Equipment companies can improve their sales and service network around the world by KraussMaffei Group, Further expand its market influence, enhance brand value and global competitive advantage.
KraussMaffei currently has only one plant in Haiyan located in China. After its integration with China National Chemical Corporation, KraussMaffei has speeded up the construction of a new factory in Sanming and introduced advanced production capacity into China.
Goss said it will be better positioned to enter the Chinese market after its merger with China National Chemical Equipment Co., Ltd. and will focus more on the local middle-technology market in China to launch standard machines and special machines suitable for the Chinese market. "To achieve successful integration, The high quality requirements of KraussMaffei are combined with the low cost structure of China National Chemical Equipment Co., Ltd. Therefore, we must improve the quality of production in Sanming and its supply chain by maintaining a low cost structure. '
Goss said KraussMaffei will build Sanming into an all-powerful IMM plant in an effort to launch the new electric PX injection molding machine manufactured by Sanming for the China market at Chinaplas 2019. One year ago, The device has received widespread attention, especially in Germany, the United States and China.
Data show that as of the end of August 2017, KraussMufi Group annual orders and sales growth of up to 10%, breaking the record set in 2016. Today the world is facing the digital transformation, urbanization, more efficient use of resources, etc. Trends Digital transformation, new technologies, new services and strong growth momentum from China have laid the foundation for KlaussMaffei's double-digit revenue growth this year, and technological progress paves the way for more future success.
The Chinese market has become an increasingly important driver of growth for KraussMufi as Dr. Frank Stieler, CEO of the company, said: 'In the future, China and other Asian markets will be more for us The more important.After joining ChemChina, we now have an unprecedented opportunity in this market.This will be a good foundation for our further development.'As the market demand continues to grow, KraussMaffei's China Sea Salt Factory has turned its output over It is estimated that in 2018 will continue to improve.