According to foreign media reports, Michelin has recently reached an agreement with PTChandraAsriPetrochemical, an Indonesian petrochemical product manufacturer, to form a joint venture in the region to produce synthetic rubber products.
The two companies recently issued a joint statement, the two sides will invest a total of 435 million US dollars in the formation of a joint venture in Indonesia, Michelin and PTChandraAsriPetrochemical will hold 55% and 45% of the new company's shares. The two companies will also start construction of new factories in early 2015, with the production start date set at the beginning of 2017.
In contrast to the declining trend in the European auto market, sales of passenger cars and trucks in many countries in Asia have continued to climb. For this reason, while Michelin closed its factories in Europe, it plans to elevate tire production capacity in Asia.
"They look like they are investing here to target the replacement of the tire market. Considering the current economic situation and road conditions in Indonesia, local motorists are expected to replace their tires every two years," said PTDanareksaSekuritas analyst Joko Sogie. The cycle time for changing tires is about 3 years.â€
As a result of overcapacity in Europe, Michelin recently announced plans to close down a French factory and sell truck tires in Algeria. The company announced on the 12th this month that it will stop tire production in Colombia and shut down two local factories. .
The Cartoning Machine uses a prefabricated carton to put sheets, blocks, bottles, bags, tubes, and other materials (or pre-packaged parts) and instructions into the carton, and seal the carton in the form of glue or insertion.
Mainly applicable to automatic boxing of medical masks, food, medical supplies, toys, stationery, auto parts, cosmetics, hardware, daily necessities, and other small products
Features:
This cartoner performs packaging in a continuous and fully-automatic mode with high speed and advanced technology.
The Carton Loader conveyor belt is 1600mm in length, greatly saves the time of placing cartons.
The cover is made of 304 stainless steel with an aluminum alloy tempered glass protective door.
The machine features a man-machine interface to adjust every step conveniently. It has the functions of statistical monitoring and will display any errors while sounding an alarm.
The PLC and electro-optical tracking system are applied to monitor the process of packaging. The machine will alert users of errors like when the equipment runs out of cartons or if there is a paper jam. When such problems occur, an alarm will sound to alert the operator. The number of products cartoned is displayed on this system.
The packaging machine adopts several reliable mechanical and automatic overload protection devices, which enable the machine to protect itself and avoid damage during operation.
When change the items, it is no need to replace the parts, it can be changed directly through the adjustment mechanism. The adjustment parts are fastened with adjustable set screws by the handle, which is easy to operate and can be adjusted without tools
Automatic Cartoning Machine,Box Packing Machine,Cartooning Machine,Cartoning Packaging
Ruian Science Machinery And Technology Co., Ltd. , https://www.science-packs.com