PETpla.net Insider 05 / 2016

TRADE SHOW PREVIEW 35 PET planet insider Vol. 17 No. 05/16 www.petpla.net company manufactures packaging for well-known brands such as Mondelez, Reckitt Benckiser, Johnson & Johnson and others. The UAE production plant, whose key focus is on beauty, health- care and household, is equipped with 30 machines for mixed applications from EBM, ISBM and IM. PET accounts for 30% of the production, followed by 30% for PP and 40% for HDPE. “Our business in UAE is worth US$14.5 million. Ten more machines are set to follow soon, and then we’ll hit the US$ 25 million mark,” Saraogi says. Chemco has also been making a big effort to conquer the market in Bahrain, where it has investments to the value of around US$20 million since 2014. Ten machines are operating on various applications, of which approximately 20% are PET, with PP and HDPE accounting for 40% each. Chemco exports about 25% of its manufacturing output, with products destined to more than 50 different countries worldwide. A new location for Global expansions is currently under discussion. Globally, 50% of its products are used in the drinks sector; 20% in food; and 30% in the non-food sector. Chemco Group has been showing a 25% growth rate with PET and has forecast global turnover of US$ 71million for 2016. Despite its many activities – or, perhaps, because of them – competition is not considered to be a serious issue. “There is no comparable operator in terms of the full range of products that we deal with,” Saraogi maintains. “In the sub-sectors relating to PET, however, we want to compete with companies and similar global players over the long term, and become more international.” The company also has commit- ments at the level of social responsibil- ity. It is a founding member of PACE (PET Packaging Association for Clean Environment) and, in collaboration with the public authorities, it supports recy- cling and has also been working on a project for the installation of water filters throughout India, with a particular focus on rural regions. Part of the company’s profits are donated to Corporate Social Responsibility India, which supports a number of initiatives aimed at improv- ing living standards. “A lot of things are going on here. We believe that, within five-seven years, there will be genuinely possible to able to supply everyone in India with clean water.” Chemco has pencilled in additional forward-looking projects for 2017, including its intention to move into “Chemco House”, an office in Fort, in the southern part of Mumbai, which is home to several well-known drinks manufacturers. In more recent developments, Saraogi adds: “We also believe there to be interesting possibilities in the area of 20l water coolers. The traditional polycar- bonate coolers have been banned, which is another huge opportunity for PET.” Chemco as a corporation is des- tined for tremendous growth and is well set on the path of packaging excellence mirroring India’s entrepreneurial vision for local as well as global influence. www.chemcogroup.com Vaibhav Ram Saraogi (left), Director of Chemco Plastics Industries, with Kay Barton