‘ESG,’ ‘Digital Transformation’ LS Mtron,

introducing a sustainable future with innovative injection molding solutions at 'NPE2024'!

Developing smart injection molding machines and digital molding solutions in line with the digital and Industry 4.0 era, LS Mtron Co., Ltd.(LS Mtron) is spearheading innovation in injection molding machines, leading the global injection molding industry. At NPE2024-The Plastics Show(hereinafter NPE2024), where industry leaders converge, LS Mtron will introduce its unique injection molding solutions(HALL A, W1101).

The Orange County Convention Center(OCCC) in Orlando, Florida, USA will host NPE2024 from May 6th(Monday) to May 10th(Friday), 2024, covering all industries from automobiles to medical care, consumer goods, construction, etc. It is an exhibition attended by world leaders and is considered the largest plastics trade fair in the Americas.

Held every three years to promote innovation and sustainability in plastics, NPE2024 is a plastic materials and manufacturing exhibition covering all industries, including automotive, medical, packaging, etc. It covers all industries, including automotive, medical, and packaging. NPE2024 will comprise six zones: Advanced Manufacturing, Bottle, Materials Science, Moldmaking, Recycling and Sustainability, and Packaging. The exhibition will showcase the latest technologies and products like injection molding, automation equipment, resins and compounds, extrusion, and blow molding.

During the remarkable period of high growth known as the miracle of the Han River, LS Mtron has grown together with major Korean clients. Now firmly established as a global standard, LS Mtron aims to use the needs of its international standard clients as indicators for its core technology. LS Mtron is positioning itself to take a firm lead in the next half-century by continuously developing its capabilities. The company plans to participate in NPE2024 to get closer to its customers.

■ LS Mtron plans to increase market presence with unique smart injection molding solutions, using NPE2024 as a stepping stone

Through an eco-friendly approach to plastics, LS Mtron plans on showcasing its latest technological achievements to its customers through the introduction of their own unique eco-friendly molding methods(Multi-Color, Foaming, etc.) and AI technology that is in line with the era of Digital Transformation. LS Mtron will participate in NPE2024, the largest plastics trade fair in the Americas, held at the Orange County Convention Center(OCCC) in Orlando, Florida, USA, from Monday, May 6 to Friday, May 10, 2024.

This year's NPE2024 will feature over 2,000 exhibitors in a vast exhibition space that exceeds 1 million square feet under the theme "Made for You." Anticipating approximately 55,000 visitors from 110 countries, the event promises a dynamic showcase of the latest industry innovations.

Despite the current economic instability in North America, the region continues to stand as one of the most crucial industrial and consumer markets. LS Mtron aims to leverage NPE2024 as a platform for advancing their smart injection molding solutions. The objective is to expand sales channels and provide customers with innovative and efficient solutions.

LS Mtron's Smart Injection Molding Solution(CSI4.0: Connected and Smart Injection) can be categorized into Smart Production, Smart Machines, Artificial Intelligence (AI), and Smart Service.

Smart Production involves advanced monitoring features that can be accessed and managed through mobile devices anytime and from anywhere. It also includes real-time production control capabilities that enable users to monitor and control the manufacturing process efficiently. The system features Smart Mold Recognition and an Injection Machine Controller capable of quickly verifying mold production details via QR codes and implementing the information. Additionally, it integrates Smart Peripheral Equipment Control that enables the seamless control of peripheral devices and a smart data interface that caters to customers' datafication needs.

LS Mtron provides its customers with the latest technology and services to ensure they receive the best experience. Among these, Smart Weight Control and Smart Remote Service are two state-of-the-art services that guarantee smart machines and smart services. Smart Weight Control technology is designed to automatically adjust the process conditions to correct the weight of molded products, which increases user convenience. The software of the Injection Molding Machine detects the weight change factor of the molded product, and the machine can change its conditions accordingly to partially correct the weight back to the target weight. On the other hand, Smart Remote Service is a system that allows experts to share the remote Injection Molding Machine screen in real-time, enabling another method to problem indentification. This service offers the advantage of allowing customers to solve problems in real-time with LS Mtron experts and shorten the offline service time.

The AI Injection System is the first Injection Molding System incorporating Artificial Intelligence technology for process optimization. Its integrated weight measurement device, connected to the Injection Molding Machine, detects changes in the weight of the molded product. With an Artificial Intelligence Weight Control System(AI Weight Control), the machine can autonomously adjust the conditions to achieve the target weight. Moreover, the AI Injection System features an Artificial Intelligence Molding Assistant System(AI Molding Assistant) that learns and replicates the process conditions derived from highly skilled molding experts which significantly significantly reduces the time required for initial process stabilization.

A dedicated digital zone will be set up within the booth during the exhibition based on the previously mentioned Smart Injection Molding solutions. LS Mtron aims to showcase its unique technical capabilities by utilizing unmanned factories, fences, and more. As an all-around player, LS Mtron can supply a diverse range of products tailored to customer needs, from electric to hydraulic and from small to large.

Meanwhile, at NPE2024, LS Mtron will showcase the recently launched ‘the ONE*-E,’ a Premium Electric Injection Molding Machine with ultra-high-speed packaging capabilities. Through an optimized toggle link design, this machine maximizes productivity by achieving a dry cycle of just 1.49 seconds, making it the fastest domestically produced machine in its class. During the last KOPLAS 2023 event, visitors were captivated by the 'WIZ PMC', which demonstrated the injection molding of electric vehicle interior materials. The materials used in the surface layer were new, while the core layer utilized recycled materials through a technology known as the sandwich method. The resulting products were sound in terms of exterior quality and product rigidity. LS Mtron's ‘the ONE*-E’ is another Injection Molding Machine developed to respond to changing trends and meet customer demand. It is a premium machine based on safety standards and utilizes the company's accumulated R&D on molding technology and design. Visitors can expect to see this machine on display and watch an injection demonstration at the upcoming event.

■ Sustainability: LS Mtron is with you through environmentally friendly injection solutions!

Since the implementation of the Kyoto Protocol, there has been a concerted global effort towards the development and industrialization of eco-friendly plastics to combat the effects of global warming. In recent times, researchers have been exploring the use of non-edible resources such as waste paper, cellulose, rice straw, corn husk, and sawdust as materials for the production of eco-friendly plastics, and some of these solutions are already being applied in practice.

As environmental concerns continue to gain traction around the globe, the traditional focus of the packaging industry on the research, development, and commercialization of biodegradable plastics is gradually evolving. This shift in focus has led to increased investment in the development of eco-friendly materials from the packaging industry and the automobile parts industry, among others.

An eco-friendly production process goes beyond just using sustainable raw materials. It also involves incorporating environmentally friendly elements into every stage of the completion process, from raw materials to production. This can be achieved by altering some of the raw materials or implementing new technology during production, which ultimately reduces carbon dioxide emissions.

The demand for eco-friendly solutions is on the rise with the growing implementation of ESG management and carbon reduction policies worldwide. The South Korean government's recent announcement to replace all petroleum-based plastics with bioplastics by 2050 has further brought attention to the need for sustainable solutions. At LS Mtron, we are committed to contributing towards a better future by integrating ESG management practices and eco-friendly injection solutions in our operations.

LS Mtron is a company that specializes in injection molding technology that is energy-efficient. In keeping up with the eco-friendly trend, the company is reaching out to customers through exhibitions such as KOREAPACK2022 and KOPLAS2023. At NPE2024, the company is also showcasing its energy-efficient technology that has gained popularity in Europe and North America. Additionally, LS Mtron is planning to present its unique technology, which focuses on crisis management and energy conservation, during the exhibitions.

LS Mtron operates with a customer-centric approach, ensuring that all its subsidiaries, including its headquarters, North America(IU), and China(MW), work in unison to meet customer needs. This seamless integration enables the company to provide consistent service across all areas, including sales, development, production, quality, and service. LS Mtron is committed to getting closer to its customers through various means, including NPE2024. The company values your support and encouragement as it strives to provide exceptional service to its customers.

■ Inquiry: LS Mtron's Molding Machine Division’s Website: www.lsinjection.com

NPE2024 Website: https://npe.org