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The fiscal year of 2017 marks the fifth record year in succession for Sumitomo (SHI) Demag.
The fiscal year of 2017 marks the fifth record year in succession for Sumitomo (SHI) Demag.
Photo: 12

Sumitomo (SHI) Demag reported rise in incoming orders and market shares for the fiscal year of 2017, marking the fifth record year in succession for the injection moulding machine manufacturer.

The incoming orders rose from 245.9m in 2016 to 297m in 2017, and the sales were up to 261.3m. Meanwhile, market shares in core segments increased by about 20%.

According to the company, two key factors contributed the high flying result in 2017: the successful launch of the specialist’s new generation of IntElect all-electric injection moulding machines, and the positive business development in the packaging and medical segments.

Introducing machines with mid-range clamping forces

Despite the general market growth in 2017, Sumitomo (SHI) Demag increased its market shares in the automotive and medical engineering segments by 10%, and even by 20% for its core segments of packaging and all-electric machines.

The company said it has finally climbed the summit and is now market leader in the packaging segment, mostly due to thin-wall applications.

“In practice, this means that our strategic focus will hone in on the key segments of packaging, medical and automotive as well as the on technical advancement of all-electric machines,” comments Gerd Liebig, CEO Sumitomo (SHI) Demag Group.

Hence, Sumitomo (SHI) Demag will enhance this product series by introducing machines with mid-range clamping forces at the beginning of 2019.

Increases production efficiency by 30 %

Meanwhile, over the coming months, a substantial modernisation programme will be implemented to help with the strained delivery situation.

During 2018, one in two injection moulding machines at the Schwaig production site will be modernised or replaced. At the Wiehe site, the company is busy preparing for a new pull production with an annual capacity of 1,000 all-electric machines to come on-stream at the end of this year. Sumitomo (SHI) Demag expects both measures to increase production efficiency by 30 %.

The new alignment of the company’s after-sales service unit has also been completed. At present, all international service technicians are being integrated into a web-based e-solution, which will speed up troubleshooting on-site.

The internet-based software solution myConnect provides customers with central access to the injection moulding machine manufacturer’s digital services such as online support, machine documentation, online order of spare parts and the management of service and maintenance activities.

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