PETpla.net Insider 06 / 2010

NEWS 7 PET planet insider Vol. 11 No. 06/10 www.petpla.net New PET facility in Rotterdam The Board of Directors of the Indorama Ventures Public Company has authorised the expansion of the PET facility at Europort, Rotterdam. The facility is expected to come online by Q1 of 2012. The project will add a new production line with an annual capacity of PET resin of 190,000t, bringing total capacity at the site to 390,000t. The total cost for the expansion is expected to be low due to the existence of available infra- structure, utilities and a tank farm. The proposed expansion is intended to increase market share in Europe, to fully integrate with the 350,000 ton PTA capacity and utilities at the same location, and to benefit from economies of scale www.indorama.com New sales and service centres for Mold-Masters Global hot runner manufacturer Mold-Masters announced on 17 th March 2010 that it is expanding its sales and service organisation in Asia, Europe and the Americas. Due to its rapid business development in Asia, the company has opened new direct sales offices in Taiwan and Seoul, South Korea. These facilities offer sales and technical support, as well as a local spare parts inven- tory. Restructuring in South China means clients in Honk Kong will be serviced directly by Mold-Masters. In Europe, the firm has recently opened a new branch office in Barcelona, Spain, to help strengthen its support to its packaging and automotive clients in the region. It has also opened a new sales and service centre in Bondoufle, France. In the Americas, the company is opening a new sales and service centre in Toluca, Mexico. It is designed cover local sales, service, spare parts, repair and sup- port needs for hot runners and iPET Systems. It will be in full operation by summer 2010. The business believes that Mexico will continue to expand as a production region and this new centre, com- bined with local expertise, will enable it to better serve its local and global clients. www.moldmasters.com Erratum In Issue 11 of PETplanet Insider (page 42), we carried an article about Husky Injec- tion Molding Systems. Our article referred to two prod- ucts, HyPETT and EcoBaseT. These names were misspelled in error, and we wish to apolo- gise for our mistake. The prod- uct names should have read HyPET and EcoBase. www.husky.ca