PETnews 6 NEWS PETplanet Insider Vol. 23 No. 11/22 www.petpla.net Propak West Africa 2022 opens visitor registration Propak West Africa opens its doors in the end of November - with visitors now able to register for their badges. With a record number of over 5,000 visitors expected through the doors at Propak to witness the growth and innovation that the exhibition has gone through since 2021, exceeding its previous largest edition in 2019, it promises to be a catalyst for ideas across the industries served. The focus of Propak remains on the packaging, printing, plastics and processing industries and the auxiliary services and sectors that tie into them, with sustainability and green technologies having a rightfully larger presence for both the exhibitors and the conference agenda. The ninth edition is sponsored by Epson, Skysat and Neofyton and will take place from November 22-24, 2022, once again returning to the purposebuilt exhibition venue, The Landmark Centre that sits at the centre of commerce in Africa’s largest city of Lagos, Nigeria. Propak West Africa will see a large number of international companies arrive in Nigeria to showcase their product innovations and services to key buyers, business and factory owners from across West Africa. With substantial pavilions from Austria, Egypt, Italy in attendance alongside companies from 14 other countries, it is expected to be a truly international event. Not to be outdone by the international representation there is a strong and varied attendance from Nigerian companies who represent a broad range of household names and inspiring start-up companies in the sector. More than 150 brands already confirmed their participation in the exhibition. Retaining its importance more than ever is the conference theatre, where industry leading commentators and operators will be sharing their insight and experience with those who attend. With Prof Pierre Pienaar, President, World Packaging Organisation, Princess Layo Bakare, Managing Director/ CEO, FAE Limited and Amith Sukhnundan, Head, Markem-Imaje Dept, SBA Group already confirmed to speak. The sessions will cover key topics that are affecting the industries today, along with panel discussions covering green technologies, IntraAfrica trade and capital finance. These will be bolstered with presentations on specific areas of the industry including recycling, regulatory changes and industry 4.0. www.propakwestafrica.com Ceresana examines the global market for bioplastics According to the latest edition of the Ceresana report on bioplastics, the global market for “green” polymers will continue to grow dynamically: analysts expect bioplastics sales to rise to around USD 9.7 billion by 2031. Biodegradable plastics, for example polylactic acids (PLA) and starch polymers, reached a market share of 65% of the total bioplastics market in 2021. For this product group, Ceresana expects further volume growth of 10.4% per year until 2031. For bio-based plastics that are not bio-degradable, such as polyethylene, PET or PA, growth is expected to be lower at 7.5% per year. The most important application area in 2021 was the packaging industry: 58% of all bio-plastics were processed in this area. Ceresana expects the highest growth rate in the “bags and sacks” segment. www.ceresana.com Indorama Ventures opens the largest PET recycling plant in the Philippines in partnership with Coca-Cola Indorama Ventures Public Company Limited (IVL) announced the official opening of its PETValue bottle-to-bottle recycling plant in the Philippines, in partnership with Coca-Cola Beverages Philippines – the bottling arm of Coca-Cola in the country. The plant is IVL’s latest recycled PET facility as the global integrated petrochemicals company builds on its position as the world’s largest producer of recycled resin used in plastic beverage bottles. PETValue Philippines is located in General Trias in Cavite Province south of Manila. As a result of the joint venture with CocaCola, IVL will recycle about 2 billion additional used PET bottles in the Philippines every year and create about 200 new local jobs. The plant will wash and shred post-consumer bottles into flakes to produce recycled PET resin that is suitable for use in food-contact applications. Managed under IVL’s regional business lead for Recycling Vertical Mr. Anivesh Tewari, PETValue brings together an experienced leadership team led by Site Manager Mr. Joel Potian, who has nearly three decades of manufacturing and chemical engineering expertise in the Philippines and Korea. He is supported by Mr. Aris Castillo as Chief Financial Officer, formerly from Coca-Cola Beverages Philippines with more than 10 years in supply chain finance and manufacturing. PETValue will introduce advanced technology and infrastructure in the Philippines, helping to improve collection and recycling rates and prevent leakage into waterways. www.indoramaventures.com
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