Smart Molding International 1-2021

machinery 22 smart_molding international 1/2021 F rom January to August 2020, the order intake of the Sumitomo (SHI) Demag Plastics Machinery GmbH with its production plants in Germany and China increased by 24 percent to 183.7 million euros, reports the head - quarter in Schwaig, Germany. This posi - tive development is primarily due to an extensive number of multiple machine orders in the packaging, medical tech - nology and electronics sectors. For the 2020 financial year, the man - agement anticipates total incoming orders and sales to reach 275 million euros and 250 million respectively. 2020 the breakthrough year for all-electric machines Sumitomo (SHI) Demag is benefiting from the significant increase in demand for all- electric machines. Com - pared to ten years ago when only one in five machines was fully electric, now the market share in Europe accounts for 50 percent of all small and medium- sized injection moulding machines. The packaging industry is also in - creasingly ordering all-electric ma - chines, especially for applications with low and medium injection speeds. Here, Sumitomo (SHI) Demag’s market share has significantly increased to 30 percent. Following the introduction of the new IntElect 2 machine generation and the expansion of its product portfolio, which now comprises the multi-com - ponent machines IntElect Multi and El-Exis Multi, Sumitomo (SHI) Demag offers customised solutions to suit the specific applications of each industry. "Wewant to gradual - ly close the price gap between hydrau - lic and fully electric machines. This will be achieved through global sourcing, optimisation of machine design and in-house production of drive technol - ogy optimised for the injection mould - ing process. These factors combined makes the costs and performance of our IntElect series highly competitive," says Gerd Liebig, CEO Sumitomo (SHI) Demag. Currently, more than 70,000 all-electric machines produced in Ja - pan and Germany have been delivered worldwide. Sumitomo (SHI) Demag focused ear - ly on the development and production of all-electric machines. Most recently, the Wiehe site initiated a number of production efficiency measures to increase its production capacity for this forward-looking technology. Con - centration on one product range has The German-Japanese injection moulding machine manufacturer Sumitomo (SHI) Demag ends the year 2020 with significant growth in order intake and market share despite the economic downturn in the plastics processing industry that has persisted since autumn 2018. Sumitomo (SHI) Demag: significant growth in 2020 The all-electric IntElect series is the growth engine at Sumitomo (SHI) Demag