On March 29, 2016, Liugong and Cummins formally announced that they will jointly invest RMB 240 million in its joint venture, Guangxi Cummins Industrial Power Co., Ltd. (hereinafter referred to as Guangxi Cummins), for the key capacity building and products of the joint venture company. And technical reserves. The new investment will be borne by the joint venture parties in equal proportions. While increasing investment, Guangxi Cummins will further coordinate the use of Cummins's overall capacity and key capabilities in China to strengthen its supply chain cooperation with its affiliates to further optimize manufacturing efficiency and reduce operating costs. At the same time, it will intensify efforts to enhance the engine's entire value chain system from R&D, manufacturing, quality, market, and after-sales, and further create the unique competitive advantages of Guangxi Cummins products in the market to create greater value for customers. Huang Haibo, vice president of Guangxi Liugong Machinery Co., Ltd., said: “This capital increase fully reflects the confidence of both parties in the healthy development and future prospects of Guangxi Cummins. The development of Guangxi Cummins will inject new energy and help to further stimulate joint ventures and cooperation. Win-win advantage." Wang Ning, vice president of Cummins Inc. and general manager of joint venture operations of China's engine division, stated: "By linking Cummins's overall manufacturing capabilities, technology reserves and scale advantages, Guangxi Cummins will support Liugong with more competitive products and technologies. And other customers have made greater breakthroughs in the domestic and global markets." Cummins Guangxi is Cummins' first joint venture focused on producing off-highway engines in China. The partnership between Liugong and Cummins brings unique advantages to the joint venture: the application of top-level engine technology to the world's leading engineering machinery OEM. Since it was put into operation in 2013, Guangxi Cummins successfully introduced L9.3, QSB7 and QSL9.3 third-phase products to the market, and the brands and products have gained market recognition. With the implementation of the three standards of non-highway countries nationwide, Guangxi Cummins has more obvious advantages in its products and technologies, and has the ability to further expand the market for packaging. PE Rope Pulp Mold Packing Machine PE Strap Automatic Bundling Machine,industrial binding machine,industrial baling equipment Huatao Group Limited , https://www.sjzpulpmolding.com
Liugong and Cummins will jointly invest 240 million yuan for their joint venture Guangxi Cummins
Liugong and Cummins announce further injection of Guangxi Cummins
Launch of PE rope pulp molding packaging machine, a cutting-edge solution for efficient and environmentally friendly packaging. This innovative machine aims to revolutionize the packaging industry by providing a sustainable alternative to traditional packaging materials.
The PE rope pulp molding packaging machine adopts advanced technology and uses pulp molding as raw material to produce high-quality packaging materials. Pulp molding is a biodegradable and renewable resource. This process not only reduces the environmental impact of packaging production, but also provides a cost-effective solution for businesses looking to adopt sustainable practices.
The machine can output 500 words of English content and can meet the needs of various industries such as food and beverage, electronics, and consumer goods. Its versatility allows for the production of custom packaging designs, ensuring products are securely and aesthetically packaged for shipping and display.
The machine's user-friendly interface and automated operation make it easy to operate, requiring minimal operator training. Its efficient production processes ensure fast turnaround times, allowing companies to meet tight deadlines and maintain a competitive edge in the market.
In addition to environmental protection and cost-saving advantages, PE rope pulp molding packaging machines provide excellent protection of products during transportation, reducing the risk of damage and minimizing returns. Not only does this increase customer satisfaction, it also helps build a positive brand image for businesses committed to sustainability.
In addition, using pulp mold packaging can help companies comply with regulations and standards related to environmental sustainability and demonstrate their commitment to corporate social responsibility.
In conclusion, the PE rope pulp molded packaging machine is a game changer for the packaging industry, providing a sustainable, efficient and cost-effective solution for businesses looking to reduce their environmental footprint and increase their packaging capabilities. With its advanced technology and versatile production capabilities, the machine is expected to change the way products are packaged and shipped, setting new standards for sustainable packaging solutions.