India's SRF ordered a new BOPP line from Germany's Bruckner

(PlastEurope) -- Making its first foray into the biaxially oriented polypropylene (BOPP) film market, India's SRF has ordered a new 8.7 metre wide BOPP line from Germany's Bruckner. The new EUR 40m line will be located in Durban / South Africa.


SRF claims to be India's second largest thin PET film manufacturer, with overall capacity for 60 KTa. The group operates plants manufacturing technical textiles in Dubai / United Arab Emirates, Port Elizabeth / South Africa and Rayong / Thailand. Over the past four years, the group has invested roughly EUR 200m into expandings its Technical Fabrics, Chemicals & Polymers and Packaging Films business units.


MRC

Leading beer brands choose new PET kegs

(PlastEurope) -- Leading international beer brands Heineken and Amstel are now available in four litre PET kegs in The Netherlands. The new ⌠Tapje small draft-beer system was developed together with APPE, formerly Artenius PET Packaging, a member of Spanish PET giant La Seda de Barcelona, which supplies the kegs. The breweries plan to launch the new system in other countries as well.


The PET container is said to be an innovative cost-effective alternative to traditional beer crates. It features APPE's ⌠monoBLOX barrier technology with oxygen scavengers, which guarantee a robust container with what the Wrexham-based company calls ⌠superior barrier performance that protects the integrity of the beer by keeping out oxygen whilst keeping in the carbonation. Once open, the beer reportedly remains fresh for 30 days.


MRC

Alfa Laval to supply heat exchangers to a petrochemical plant in Singapore

(Plastemart) -- Alfa Laval - a world leader in heat transfer, centrifugal separation and fluid handling - has received an order to supply Alfa Laval Packinox heat exchangers to a petrochemical plant in Singapore. The order value is about SEK 110 million and delivery is scheduled for 2012.


The Alfa Laval Packinox heat exchangers will be used in a catalytic processing section for production of mixed Xylenes, which is, among other things, used for PET bottles and synthetic nylons. "We continue to see a good demand for our energy efficient Alfa Laval Packinox heat exchangers. This latest order also confirms the continued positive development of the process industry in Asia", says Lars Renstrom, President and CEO of the Alfa Laval Group.


MRC

GM to restart its assembly operation at Bekasi, West Java

(Plastics Today) -- Recent announcements by global automakers regarding investments in Indonesia paint a bright picture for the local processing scene given commitments to local sourcing. General Motors (Detroit) is the latest to throw its hubcap into the ring with plans to invest USD 150 million to restart its assembly operation at Bekasi, West Java, that has been idle since early 2005.


GM reports it will begin assembling seven-seater minivan at the plant in 2013. Initial capacity will be about 40,000 units per year for distribution throughout Southeast Asia. The plant will join a GM manufacturing network with existing plants in Thailand and Vietnam. Among the factors behind the restart are an expanding middle class and improving macroeconomic conditions.


Localization of as many vehicle parts as possible is reportedly an important component of GM's plans for Indonesia. A target of at least 40% has been set for local content.


Toyota Motor (Aichi) is also bullish in developments in Indonesia, announcing in May this year its plan to expand capacity at its Karawang Plant from 100,000 vehicles to 140,000 vehicles by early 2013.


MRC

PS buyers in Europe don't hurry to settle pricing for August

(ICIS) -- Polystyrene (PS) buyers in Europe are in no hurry to settle pricing for August, several said on Wednesday, and sellers agreed. ⌠We don't even have a handful of settlements, said a major PS producer, referring mainly to business at large accounts.


PS producers announced target increases of up to EUR 140/tonne (USD 203/tonne) for August PS earlier in the month, following the settlement of the new monthly styrene barge contracts at an increase of EUR 121-129/tonne. While these targets have been modified as the month has progressed and crude oil prices have fallen and stock markets crashed, PS producers are still confident of achieving substantial increases.


Imminent maintenance shutdowns in the upstream styrene industry have led to expectations of stability or even another upwards move in September styrene contracts, and PS pricing has become very closely linked to styrene prices in past months.


However, buyers do not report a particularly strong month and are not convinced that they will be paying three-digit increases when they finally settle for August.


MRC