PREFORM PRODUCTION PETplanet Insider Vol. 18 No. 0/17 www.petpla.net 18 Status quo and developments in preform manufacturing Minimising waste Based on an article by Gaurav Saraogi, Managing Director Chemco Plastics Industries Limited Chemco Group, a supplier of PET preforms with its headquarter in India, announced that it currently has a global capacity in PET processing of 95,000 t/a and it will expand to 110,000 t/a in 2024. It also processes over 20,000 t/a of other polymers, such as PE and PP. PET preforms have gained traction in the packaging industry because of their characteristics and material properties, including strength, impact resistance, dimensional stability and light weight along with its barrier properties and processability. The development of biodegradable and bio-based PET are leading to more environmentally friendly preforms, reduction in fossil fuel dependency and growth of circular manufacturing solutions, have further boosted PET’s appeal. Its range of markets and applications have been extended with innovations such as nanocomposite materials, multilayer structures and specialised coatings for sensitive products. Chemco Group operates manufacturing facilities equipped with machinery from leading providers such as Husky HyPET Systems, Krauss Maffei, Nissei ASB, Ferromatik, Chen Hsong and Toshiba and more. Its R&D team focuses on material science and engineering and exploring new formulations and additives that enhance PET preform properties. Currently, it has teams working on the development of high-performance barrier materials, lightweighting techniques, and biodegradable or bio-based PET formulations. The main thrust of most of the companies is towards sustainability in terms of reduction of materials, use of postconsumer recycled (PCR) materials and strengthening the networking of the collection mechanism of PCR plastic packaging waste materials. Chemco has got in-house dedicated recycling facilities which allow the company to control the quality of input materials. The high-quality machines and an attached laboratory ensure the recycled materials are safe and can be used for food packaging applications. PREFORMS PET preform markets In the PET preforms market, Asia Pacific is the fastest expanding region. PET preforms are in significant demand in growing economies like China, Japan, and India. Amongst all these countries, China is the primary market for PET preforms. Due to the rising demand for carbonated soft drinks, purified water, food, beverages, and medicinal liquor in economies such as India and China, the need for plastic goods and industries has expanded, boosting the PET preform market in this area. The PET preforms market in the Asia Pacific is predicted to develop with a CAGR of over 6% in-between 2016 and 2026. www.chemcogroup.com
RkJQdWJsaXNoZXIy NTY0MjI=