Entering the Chinese market will become a milestone in the history of Steer's development. Dr. Babu Padmanabhan, Executive Director of STEER, stated: “As one of the largest manufacturers of durable consumer goods, we are currently faced with an urgently demanding Chinese market for high-quality engineering plastics. STEER will use high-tech and widely-used single products. Screw, twin-screw extruders and components, and ancillary equipment to fill this gap. In the next few years, STEER will provide high-performance extruders for producers of polymer-based composites and masterbatches. This will certainly have a huge impact on the Chinese market."
STEER advanced extruder OMICRON and its YellowJacket series will play a key role in new application development. "China not only possesses technological wealth, but also has a huge manufacturing capacity. The powerful combination of the two has given Steer an unparalleled advantage in meeting customer needs in a unique way that meets cost-effectiveness." Dr. Babu concluded.
India's STEER enters China's extruder market
STEER Company recently announced that the company has acquired ZhengFeng Corporation, a Chinese manufacturer of single-screw pipelines in China. This major acquisition will enable the development and production of STER single-screw and twin-screw extruders to be faster and further strengthen STEER. The company is a market leader in the field of extruder design and production.