News & Opinion>>Business

U.S. molder sees Baxter robots as way to compete against China

A small custom injection molding factory in the United States says its use of Baxter collaborative robots helps it stay competitive against China.


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Chinese suppliers, with Beijing's blessing, embark on global buying spree

A subsidiary of Ningbo Joyson Electronics Co. announced plans to acquire the assets of bankrupt Japanese airbag maker Takata Corp.
With the $1.6 billion deal, Joyson joins a wave of Chinese auto suppliers that have used major acquisitions to raise their global profile.


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Sales foaming over at Yizumi

Chinese injection press maker Guangdong Yizumi Precision Machinery Co. Ltd. is making investments to increase capacity, as it says orders are rising by double-digit levels from last year.


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China’s plastics sector remains a driver of global industry

Guangzhou, China -- For all the challenges in China's manufacturing sector, from slowing global growth hurting exports to rising production costs within the country, it remains the world's largest market for plastics and a significant driver for industry growth.


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Robots on the march in China’s plastics industry

Robotization is gaining steam in China's plastics industry, driven both by companies seeking refuge from rising costs, and, increasingly, by demands for more efficiency and quality control in their manufacturing.


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Canton Fair shows Chinese industry upgrading

The massive China Import and Export Fair - informally known as the Canton Fair --traditionally caters more to budget-conscious buyers from places like Southeast Asia, Africa and Eastern Europe. Yet even here, amid the pressure of closing deals at the three-week long event, plastics companies were focused on upgrading technology and looking for new ways to be competitive.

 


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Chinese firms see gains but worry over costs, trade

China's Hong Kong-listed plastics companies are reporting mixed results for 2016, with some helped by government infrastructure spending, while others were citing increased pressure to move to lower cost countries like Vietnam or watching for signs of potential trade wars.


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China XD privatization plan criticized

Some stock analysts and investors are sharply criticizing the privatization plans of automotive compounder China XD Plastics Co. Ltd., saying it undervalues the company.


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American injection molder grows from 'crawl' to 'run' in China

Steady growth is prompting Poly-Cast Plastics (Suzhou) Co. Ltd., a U.S.-owned injection molding company in China, to plan a sizable expansion.


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Haitian reports 2016 sales up 10 percent

Haitian International Holdings Ltd., China's biggest maker of injection molding machines, marked the first day of spring by reporting 2016 sales springing up 10.4 percent to a record 8.10 billion yuan ($1.18 billion).


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