MCRN Milacron Holdings Corp.

Milacron Continues to Innovate, New High Output Extruders and Sheet Extrusion Lines for Polyolefins

Milacron Holdings Corp. (NYSE: MCRN), a leading industrial technology company serving the plastics processing industry announced its entry into the polyolefin sheet extrusion market.

Polyolefins make up the highest volume of thermoplastic products in the world and uses range from rigid materials to industrial food packaging and waterproof film. Research and development are increasing the variety of polyolefins, and as a result, they are steadily replacing traditional materials in many applications.

In the second quarter of 2015 Milacron delivered its first polyolefin thick sheet extrusion line consisting of a PAK400 single screw extruder and a PAK650 single screw extruder. The twin machines increased the output rates to 2,100 lbs/hr (950 kg/hr). This represents a new product category for Milacron’s extrusion offering. Milacron has since delivered a second line in the second quarter of 2016 and has additional systems to deliver in early 2017.

The first Sheet Extrusion line has been in operation for 12 months, running 24/7 and the customer is reporting excellent performance. Milacron has installed in-line embossing capability to these sheet extrusion lines, eliminating the need to emboss offline, saving the customer another setup and eliminating the need to reheat the sheet, which can result in additional stress, and cause possible warping. These new sheet lines are engineered and installed by Milacron. This advancement allows Milacron to broaden their capability in packaging, medical and other high-output sheet applications.

Milacron is known globally for their injection molding prowess and industry leading brands Mold-Masters, Uniloy, DME and CIMCOOL, all well-known entities within the plastics and manufacturing community. Included in this portfolio are some of the industry’s most innovative extruder designs, a major part of the Milacron portfolio since 1972.

Brian Marston, President, Milacron Extrusion explains how Milacron’s extrusion offering differs from many of their competitors, “Milacron’s lineup of extrusion systems are designed and built in house, we are producing the equipment in our Cincinnati, OH, Ahmedabad, India and Jiangyin, China facilities. Our demonstration and development laboratories have made a science of optimizing processing via natural compression. This creates a highly customizable approach for our customers: one that increases productivity, output and accuracy, while reducing costs.”

Marston went on to explain Milacron’s depth of extrusion expertise, “From extruders, to new and rebuilt extrusion barrels and screws, pipe heads, dies and downstream equipment, with Milacron, you get powerful, reliable solutions that meet unique customer needs.”

Milacron continues to push the boundaries of possibilities in plastics with breakthrough products from leading brands including Milacron, Mold-Masters, DME, Ferromatik, Uniloy and CIMCOOL.

About Milacron

Milacron is a global leader in the manufacture, distribution and service of highly engineered and customized systems within the plastic technology and processing industry. Milacron is the only global company with a full-line product portfolio that includes hot runner systems, injection molding, blow molding and extrusion equipment plus a wide market range of advanced fluid technologies. Visit Milacron at www.milacron.com

EN
28/11/2016

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Jonathan Moreland
  • Jonathan Moreland

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1 director sold

A director at Milacron Holdings Corp sold 35,800 shares at 21.080USD and the significance rating of the trade was 84/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...

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