SITTARD, THE NETHERLANDS: SABIC, a global leader in the chemical industry, is pleased to announce the launch of its collaboration with KraussMaffei HighPerformance AG at the partner’s Thin-Wall Packaging Application Center in Näfels, Switzerland, the site of KraussMaffei's Swiss subsidiary and manufacturer of high-performance injection molding systems known under the NETSTAL brand. The expanded Application Center was officially opened today in a virtual ceremony hosted by officials from both companies and attended online by customers, brand owners and other value chain partners. The Application Center will enable innovative application, material and processing solutions in the thin-wall packaging industry through closer collaboration across the segment’s entire value chain.
“This significant milestone underscores our continuous investment in innovation, collaboration and sustainability to help our customers achieve their goals and drive the industry forward,” said Abdullah Al-Otaibi, SABIC General Manager Engineering Thermoplastics Business & Market Solutions, Petrochemicals. “The Application Center will accelerate the pace at which we bring new material and processing technologies to our joint customers while we engage with them more closely to embrace global trends, turn challenges into opportunities and accelerate the development of both profitable and sustainable thin-wall packaging solutions.”
The NETSTAL injection molding portfolio for packaging applications can be further optimized as a result of improved material and process insights. "With the future knowledge gained from this valuable collaboration, we will further improve our injection molding technology in terms of usability, process control and performance. In addition, through the close branch exchange of our know-how, we will develop new processes for sustainable packaging solutions together with SABIC,” said Dr. Christina Härter, Head of Application Technology NETSTAL at KraussMaffei HighPerformance AG.
In addition to NETSTAL’s state-of-the-art injection molding, in-mold labeling and part handling capabilities, the Application Center provides advanced tooling and testing equipment. First new systems installed by SABIC include molding equipment designed to investigate injection compression molding options and test the mechanical properties of thin-wall packaging applications.
“We have a long history of innovation in thin-wall injection molding and welcome the collaboration with SABIC, who share our values of ideation and commitment to the further development of new process and material solutions in this important market segment,” commented Renzo Davatz, CEO of KraussMaffei HighPerformance AG. “Together, we will leverage our synergies to stimulate value chain interaction, identify new leads and help our customers succeed.”
“The joint Application Center brings new momentum in how we grow and implement our expertise in polymer science and processing from a more collaborative approach,” added Waleed Al Shalfan, SABIC Vice President Technology & Innovation for Polymers. “The value chain interactions and innovation sessions with customers will further enhance our understanding, and will enable us to respond more efficiently and effectively to our customers’ needs and create lasting value for all players, industry and society.”
- SABIC and brands marked with ™ are trademarks of SABIC or its subsidiaries or affiliates.
- SABIC should be written in every instance in all uppercase.
SABIC is a global diversified chemicals company, headquartered in Riyadh, Saudi Arabia. It manufactures on a global scale in the Americas, Europe, Middle East and Asia Pacific, making distinctly different kinds of products: chemicals, commodity and high performance plastics, agri-nutrients and metals.
SABIC supports its customers by identifying and developing opportunities in key end-use applications such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy. Production in 2020 was 60.8 million metric tons.
The company has more than 32,000 employees worldwide and operates in around 50 countries. Fostering innovation and a spirit of ingenuity, SABIC has 9,946 global patent filings, and has significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South Asia and North Asia.
ABOUT KRAUSSMAFFEI HIGHPERFORMANCE AG (NETSTAL)
With its NETSTAL product brand, KraussMaffei HighPerformance AG stands for the world's most powerful injection molding technology and system solutions. KraussMaffei HighPerformance AG offers its customers fast, precise and reliable machines for packaging and medical technology applications. With exceptional industry and application expertise and pioneering digital solutions, KraussMaffei HighPerformance AG makes a valuable contribution to making its customers' business models even more successful.
Learn more at www.kraussmaffei.com
KraussMaffei is among the world’s leading manufacturers of machinery and systems for the production and processing of plastics and rubber. Our brand stands for cutting-edge technologies – for more than 180 years. Our range of services covers all areas of injection molding machinery, extrusion technology and reaction process machinery. This gives KraussMaffei a unique selling point in the industry. With the high innovative power of our standardized and individual product, process, digital and service solutions, we can guarantee customers sustained additional value over the entire value-adding chain.
Our range of products and services allow us to serve customers in many sectors including the automotive, packaging, medical and construction industries, as well as manufacturers of electrical and electronic products and household appliances. KraussMaffei employs around 5500 people all over the world. With more than 30 subsidiaries and over 10 production plants, as well as about 570 commercial and service partners, we are represented internationally close to our customers. Global headquarters have been in Munich since 1838.
Learn more at www.kraussmaffei.com
SABIC Media Contacts
T: +31 (0) 652 341 679
T: +32 3 31 30 311
KraussMaffei HighPerformance AG Media Contacts
This press release and relevant photography can be downloaded from www.PressReleaseFinder.com
Alternatively for very high resolution pictures please contact:
Kevin Noels (firstname.lastname@example.org , +32 3 31 30 311).
© Press Release 2021