A locating ring is a circular member fitted on to the front face of the mold over the sprue bush. Its purpose is to register (or locate) the mold in the correct position on the injection machine, to ensure proper alignment between the nozzle and the sprue bush, thereby eliminating leakage.
Locating Rings are used to align and center the mold into the press. 

The Locating Ring picture:


The locating ring size:




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