Corporation News
KraussMaffei inaugurates new facility in Jiaxing
Source: ChemChina Date: 2020-07-13

On June 18, KraussMaffei had an opening ceremony and open day for its new integrated plant in Jiaxing, Zhejiang, marking the completion of another comprehensive functional headquarters of KraussMaffei beyond Germany.

During the ceremony, KraussMaffei exhibited 10 different type of machines and 16 diverse market applications, and held its first “Pioneering Plastics” innovation and development forum together with more than 600 customers and partners to discuss about the new technologies and trends of the rubber & plastics industry.

The new Jiaxing facility houses an R&D and technology testing center for plastics extrusion, injection and molding and will produce rubber and plastic machines. The Jiaxing plant Phase I project in floor area of more than 58,000 m2, and reserving land of 37,000 m2 for future use by Phase II project, offers functions of R&D, engineering design, manufacturing and supply chain management, and becomes another comprehensive functional headquarters beyond Germany. After its completion of the construction of the plant, KraussMaffei’s production capacity in China will be doubled.

The Jiaxing Economic and Technological Development Zone, where the new plant is located, is at the center of fostering world-class innovative industrial cluster in the Greater Bay Area of Zhejiang, and lists high-end equipment manufacturing as priority development industry of 100 billion RMB level. KraussMaffei will fully leverage local supply chain, and collaborate with partners to facilitate industrial upgrading of China's intelligent manufacturing and rubber and plastics industries.

"Cooperation wins future. With the rapid integrated development of Yangtze River Delta, we’d like to take this opportunity to invite more enterprises like KraussMaffei to invest here and seek development together", said Chen Lizhong, Member of the Standing Committee of CPC Jiaxing and Secretary of CPC Working Committee of Jiaxing Economic and Technological Development Zone (International Business Zone).

Cui Xiaojun, CEO of KraussMaffei China said: "China and the rest of the world are all facing challenges impacted by the pandemic to manufacturing industry and related industrial chains. Meanwhile, the emerging new technologies and mega trends, intelligent manufacturing, digital services and solutions are bringing new opportunities to our industry. The new Jiaxing plant is another important milestone along the over 180-year development history of KraussMaffei, which is meant to further expand the Chinese market, enhance our localization capabilities and create values for customers in China and across the globe."

The Germany-headquartered KraussMaffei has been cultivating the Chinese market since its entry into China in 2001. It joined China National Chemical Corporation in 2016, and was listed on Shanghai Stock Exchange in 2018. "With profound technical accumulation and enhanced local competency, KraussMaffei will respond to customers more efficiently, providing customers with comprehensive local support such as R&D, engineering, process, testing, training, service and overall project management, with cutting-the-edge technologies and tailor-made solutions", says KraussMaffei.

During the ceremony, with strict measures taken for epidemic prevention and control, KraussMaffei showcased its comprehensive strengths of one-stop injection molding, extrusion and reaction molding machines and technologies in all fields. The 10 rubber and plastic equipment and 16 applications at the site include star products such as a full range of PXA all-electric injection molding machines developed and manufactured in China, double screw extruder and innovative foaming machine.

Specifically, the homemade PXA all-electric injection molding machine, which has recently won the “Ringier Technology Innovation Awards 2020 – Plastics Industry”, became a highlight at the ceremony. The PXA all-electric injection molding machine is customized for Chinese customers. One year after its launching, it has increased its mound clamping force from 50t to 320t, and offers injection units with their lengths ranging from 55mm to 2,000mm, fully demonstrating the theme “Originality of Germany, and Rhythm of China”. In the future, KraussMaffei will continue to expand the product line and portfolio of the PXA series, so as to meet the needs of customers in the fields of health care, 3C electronics, 5G, home appliances, packaging, and automobile, etc.

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