Hot runners lead to huge cost savings for moulders: Vishal Agarwal, Yudo | Business Standard News

2022-05-29 18:21:47 By : Ms. Anna Zhong

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BS B2B Bureau  |  Mumbai  Last Updated at June 5, 2014 17:48 IST

The Korea firm Yudo is one of the leading companies in the field of hot runner system, which is the core of injection moulding industry, and auxillary equipment to plastics machinery industry. Representing its business in India is 1980-established Yudo Hot Runner India Pvt Ltd, which is one of the six companies of Yudo Group.   In this interview, Vishal Agarwal, President, Yudo Hot Runner (India) Pvt Ltd, focuses on the penetration of cutting-edge technology in the Indian plastics injection moulding industry and importance of automation to plastic products manufacturers.   How does the world’s leading manufacturer of hot-runner systems maintain its position in such a competitive scenario? Yudo was started in South Korea 32 years ago by Francis Yu, who is currently the Chairman of the Yudo Group. We are globally the number one player for hot runner systems, and also among the leaders in robots and factory automation for plastic injection moulding. Yudo established its operations in India 14 years ago and today we have become the leader here for hot runner systems and the only player capable of offering complete factory automation solutions for the injection moulding segment. ALSO READ: Plastics part supplier to Hero Group raises productivity using Yudo's solution With the passage of time, we have maintained our status quo by introducing cutting edge technology that helps Indian plastic processors. Recently, we introduced the world’s first hot runner systems that can process the extremely corrosive Chlorinated Polyvinyl Chloride (CPVC). As CPVC is not recyclable, processors find it very tricky to process this material. Although in the past, companies have attempted to manufacture hot runner systems for processing CPVC but those did not yield good results. With our technology now in the market, processors can reduce cycle time by 30% when processing CPVC.   Which are segments within plastics industry that you cater to in India? On an international and domestic level, we cater to hot runner system for plastic injection moulds, robots, factory automation, auxiliary equipment and entire lines for in-mould labelling, liquid silicon rubber (LSR) processing, polyethylene terephthalate (PET) test tubes and preforms. As LSR is being increasingly used in baby products, seals used automobiles, LED screens, etc., we see a lot of potential in this segment in India.   How is the demand for hot runner system and other auxiliary equipment in the Indian plastic industry? It is growing very fast, we have been experiencing a growth of more than 30% up till now and expect it to grow more and more. When referring to auxiliary equipment, demand is growing very steadily with 15-20% every year. However, there are not many players in the market that provide complete factory automation, this is one segment we are most optimistic about when it comes to growth.   What are benefits offered by Yudo's hot runner system and auxiliary equipment to plastics processors? Technology used in creating hot runner systems and auxiliary equipment is the key for success of injection moulding sector. Hot runners not only help moulders to hugely save on the cost and wastage of plastic material but it also helps eradicate moulding defects with increased productivity. At the same time, it enables the tool makers to produce moulds faster and achieve better part quality. ALSO READ: India has a golden opportunity to attract business from China: Anil Krishna, Borouge India   Similarly, auxiliary equipment help to achieve automation and make the injection moulding process more cost effective and less labour-intensive. As for Yudo, we support our customers in such a way that we start working with them from the mould concept to flow analysis, assembly to the trials of the part. For our auxiliary equipment portfolio, we have a team of experts who in collaboration of our Korean experts, study the customer requirement in depth and help them design their factory layout so as to get optimum utilisation of resources.   What is driving the demand for your products in India? The companies catering to the automotive sector are some of our biggest clientele. The increasing trend for new launches and face lifts in the four wheeler & two wheeler segment is the main driving force behind the demand for our machinery. However, we have not been able to grow at par with the prevailing demand as there are not many skilled and qualified tool makers in India. A lot many tools are still being imported from Korea and China.   Is the demand for robots and automation increasing among the Indian plastic processors? Due to the increasing presence of multinational companies and their strict manufacturing standards, the demand for robots and automation has been increasing in the country. Since product volumes are increasing, the standard of product quality with consistency is also getting stricter by the day. Moreover, the dearth of skilled and semi-skilled manpower is another main reason for the increase in the use of robots and automation. With our solutions, plastics processors can reduce manpower as much as 70% when compared to a conventional plastic injection moulding setup. ALSO READ: Chemical companies need to spend on improving environment and safety: Yogesh Kothari, ICC   Which are some of the export markets for your products? We cater to the Middle-East, SAARC countries, Nigeria and Kenya. These markets are big in terms of packaging and household products.    What are your long-term plans for Yudo Hot Runner India? We are very positive about the growth in Indian plastic industry especially when Yudo is catering to so many sectors in plastics. Going forward, we are committed to make India a technology, R&D hub for our global requirements and also get into manufacturing of hot runners and robots in near future. In addition, we are looking to venture into polymer processing in India. For this, a concrete plan will be in place by the second quarter of this fiscal year.

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The Korea firm Yudo is one of the leading companies in the field of hot runner system, which is the core of injection moulding industry, and auxillary equipment to plastics machinery industry. Representing its business in India is 1980-established Yudo Hot Runner India Pvt Ltd, which is one of the six companies of Yudo Group.   In this interview, Vishal Agarwal, President, Yudo Hot Runner (India) Pvt Ltd, focuses on the penetration of cutting-edge technology in the Indian plastics injection moulding industry and importance of automation to plastic products manufacturers.   How does the world’s leading manufacturer of hot-runner systems maintain its position in such a competitive scenario? Yudo was started in South Korea 32 years ago by Francis Yu, who is currently the Chairman of the Yudo Group. We are globally the number one player for hot runner systems, and also among the leaders in robots and factory automation for plastic injection moulding. Yudo established its operations in India 14 years ago and today we have become the leader here for hot runner systems and the only player capable of offering complete factory automation solutions for the injection moulding segment. ALSO READ: Plastics part supplier to Hero Group raises productivity using Yudo's solution With the passage of time, we have maintained our status quo by introducing cutting edge technology that helps Indian plastic processors. Recently, we introduced the world’s first hot runner systems that can process the extremely corrosive Chlorinated Polyvinyl Chloride (CPVC). As CPVC is not recyclable, processors find it very tricky to process this material. Although in the past, companies have attempted to manufacture hot runner systems for processing CPVC but those did not yield good results. With our technology now in the market, processors can reduce cycle time by 30% when processing CPVC.   Which are segments within plastics industry that you cater to in India? On an international and domestic level, we cater to hot runner system for plastic injection moulds, robots, factory automation, auxiliary equipment and entire lines for in-mould labelling, liquid silicon rubber (LSR) processing, polyethylene terephthalate (PET) test tubes and preforms. As LSR is being increasingly used in baby products, seals used automobiles, LED screens, etc., we see a lot of potential in this segment in India.   How is the demand for hot runner system and other auxiliary equipment in the Indian plastic industry? It is growing very fast, we have been experiencing a growth of more than 30% up till now and expect it to grow more and more. When referring to auxiliary equipment, demand is growing very steadily with 15-20% every year. However, there are not many players in the market that provide complete factory automation, this is one segment we are most optimistic about when it comes to growth.   What are benefits offered by Yudo's hot runner system and auxiliary equipment to plastics processors? Technology used in creating hot runner systems and auxiliary equipment is the key for success of injection moulding sector. Hot runners not only help moulders to hugely save on the cost and wastage of plastic material but it also helps eradicate moulding defects with increased productivity. At the same time, it enables the tool makers to produce moulds faster and achieve better part quality. ALSO READ: India has a golden opportunity to attract business from China: Anil Krishna, Borouge India   Similarly, auxiliary equipment help to achieve automation and make the injection moulding process more cost effective and less labour-intensive. As for Yudo, we support our customers in such a way that we start working with them from the mould concept to flow analysis, assembly to the trials of the part. For our auxiliary equipment portfolio, we have a team of experts who in collaboration of our Korean experts, study the customer requirement in depth and help them design their factory layout so as to get optimum utilisation of resources.   What is driving the demand for your products in India? The companies catering to the automotive sector are some of our biggest clientele. The increasing trend for new launches and face lifts in the four wheeler & two wheeler segment is the main driving force behind the demand for our machinery. However, we have not been able to grow at par with the prevailing demand as there are not many skilled and qualified tool makers in India. A lot many tools are still being imported from Korea and China.   Is the demand for robots and automation increasing among the Indian plastic processors? Due to the increasing presence of multinational companies and their strict manufacturing standards, the demand for robots and automation has been increasing in the country. Since product volumes are increasing, the standard of product quality with consistency is also getting stricter by the day. Moreover, the dearth of skilled and semi-skilled manpower is another main reason for the increase in the use of robots and automation. With our solutions, plastics processors can reduce manpower as much as 70% when compared to a conventional plastic injection moulding setup. ALSO READ: Chemical companies need to spend on improving environment and safety: Yogesh Kothari, ICC   Which are some of the export markets for your products? We cater to the Middle-East, SAARC countries, Nigeria and Kenya. These markets are big in terms of packaging and household products.    What are your long-term plans for Yudo Hot Runner India? We are very positive about the growth in Indian plastic industry especially when Yudo is catering to so many sectors in plastics. Going forward, we are committed to make India a technology, R&D hub for our global requirements and also get into manufacturing of hot runners and robots in near future. In addition, we are looking to venture into polymer processing in India. For this, a concrete plan will be in place by the second quarter of this fiscal year.

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