Koplas: Korean rotomolder pursues expanded offshore presence

A welcome sight at a trade show that is traditionally dominated by injection molding machinery and auxiliaries was Rototec Diamond Co. Ltd. (Cheongju, Korea), a rotational molding processor with regional ambitions. Speaking to PlasticsToday at the Koplas Show in Seoul, Director Mi Kyeong Kim detailed the company's recent expansion drive and offshore initiatives.

"We boosted our local presence [in Korea] through the acquisition of Polytec in 2o12 and we went on to set up a subsidiary in China this year in the city of Zhangjiagang," says Kim. "We are currently in the planning phase for a manufacturing operation there." Kim adds that they are currently in exploratory talks with Australian companies looking at the potential for partnerships." The company also joined the Association of Rotational Molders this year to further boost its overseas presence.

Rototec Diamond operates nine rotomolding machines at its two sites in Korea, with five devoted to water tanks up to 10,000 liters in capacity and four concentrating on industrial products such as playground equipment and transportation components. "We see strength in diversity," says Kim. "The priority going forward will be various industrial products."