SMS Group: Pepyn Dinandt will be expected to maximise opportunities for the group

SMS Group announced today that Pepyn R Dinandt has been appointed to the company’s managing board with responsibility for its Plastics Technology business unit. Dinandt was president of the Mannesmann Plastics Machinery group from 2002 until July of this year. Before that he was responsible for the transformers business unit within Siemens. SMS chairman Heinrich Weiss said Dinandt’s responsibility will be “to further develop the Plastics Technology business area within a limited time frame in order to maximise potential for further options for the SMS group.” Top of SMS’s priority list will be its Battenfeld injection moulding business. After attempts to sell the business in 1999 collapsed, the company’s public statements have failed to convince that it has a strategic position within a group predominantly focused on extrusion.The decision late last year to close the loss-making German injection machinery plant in Meinerzhagen and focus production at its Austria plant, effectively ending large machine production, followed by the sudden departure of former business unit MD Wilhelm Schröder has only fuelled speculation.

Leave a Reply

You must be logged in to post a comment.