Days ago, the KraussMaffei Group delegation composed of its executives visited the Yiyang Rubber & Plastics Machinery Group to push forward their integration.
Yiyang Rubber & Plastics Machinery is a tier-three company under ChemChina, and directly under CNCE. Since the M&A was completed at the end of April, 2016, KraussMaffei has sent expert groups to conduct several rounds of survey and communication with Yiyang Rubber & Plastics Machinery in order to realize resource integration and collaborative development as soon as possible, and improve the technological and managerial level and thus the core competitiveness of the latter.
KraussMaffei is a world-leading German manufacturer of rubber and plastics machinery with a history of 178 years, and owns the best technology for making IMM products. It was acquired by ChemChina with EUR 925 million in 2016.
Experts from KraussMaffei watching the production and processing of the mixer rotor at Yiyang Rubber & Plastics Machinery