Innovia Films introduced new high speed BOPP film

MOSCOW (MRC) -- Innovia Films (Innovia) recognises that today’s competitive market place demands packaging films that perform on a variety of machines, at the highest possible speeds. As overall production costs are scrutinized, achieving high efficiencies is becoming increasingly vital. In response to these trends, Innovia is pleased to introduce its latest high speed Biaxially Oriented Polypropylene (BOPP) film - Propafilm REF, as per Plastemart.

This new coextruded material compliments their already well-established range of high speed materials and increases the options for its customers. Propafilm REF was designed with speed in mind. The product presents a wide sealing range, when compared to standard coextruded films. At typical laboratory conditions, scientists have been able to confirm over 30 C lower heat seal threshold (the minimum temperature required to achieve acceptable seal strength of 200g/25mm) compared to basic films.

In addition to the wide seal range, this film also provides an enhanced hot tack performance over standard films. This means that the seals, when pulled still hot, resist opening on a larger range of temperatures. Combined, these two properties enable Propafilm REF to be ideally suited to horizontal-form-fill wrapping applications.

Innovia has been able to validate their laboratory findings with actual packaging machinery trials. SPS Italiana Pack systems (PFM Group), was one of the partners chosen to confirm the film’s performance. "We were asked by Innovia Films to confirm the performance of their new film on our machinery. We ran Propafilm REF on our Modulo machine and we can confirm that speeds of 80m/min were achieved, a substantial 30 m/min improvement. At these speeds, the film was still passing our stringent micro-hole acceptance level. (i.e.200 mbar/20 sec. pillow bag configuration)" says Roberto Spatolisano, Project Manager from SPS.

As MRC wrote previously, in April 2016, Innovia Group reached an agreement to sell its Cellophane business and assets to Futamura Chemicals, and will continue to deepen its focus on it films and polymer banknote products going forward.

Innovia Films is a leading global manufacturer of two 'families' of speciality products supplied into the packaging, labels, tobacco overwrap and securities markets - Biaxially Oriented Polypropylene (BOPP) and Cellulose based films. With a turnover in excess of EUR400m, its total annual film production capacity currently stands at more than 120,000 tonnes.
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BASF completes transfer of leather chemicals business to Stahl Group

MOSCOW (MRC) -- Following the approval of all relevant authorities, BASF has closed the previously announced transfer of its global leather chemicals business to the Stahl Group, with Stahl taking over the activities as of September 30, 2017, said the company on its website.

The company is a leader in process chemicals for leather products, performance coatings and polymers. BASF will continue to manufacture and supply leather chemical products to Stahl under mid- to long-term supply agreements.

The transaction includes the leather chemicals production site in L’Hospitalet, Spain. Around 210 positions globally have transferred to the Stahl Group. BASF now holds a 16% minority stake in the Stahl Group.

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about EUR58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS).
MRC

Asahi Kasei expands S-SBR plant in Singapore

MOSCOW (MRC) -- Asahi Kasei Synthetic Rubber Singapore Pte. Ltd., a fully owned subsidiary of Asahi Kasei Corp., has announced that it will increase the production capacity of its S-SBR plant on Jurong Island, Singapore, according to GV.

The company said it will expand both of the S-SBR lines at the site by a combined 30,000 t/y, raising the plant’s total capacity to 130,000 t/y, to reinforce its supply capability and meet further demand growth.

Start-up of the expanded capacity is scheduled for January 2019.

According to the company, demand for tyres that provide enhanced fuel-efficiency has been growing rapidly and is forecast to continue to do so as tyre production in emerging countries grows in line with greater motorisation and as environmental regulations around the world become increasingly stringent.

Asahi Kasei currently operates S-SBR plants in Japan (Kanagawa and Oita prefectures) and Singapore. The Singapore plant began operation in 2013.

As MRC informed previously, on 15 February, 2016, Asahi Kasei mothballed its styrene monomer (SM) plant in Japan. The exact reason behind the permanent shutdown could not be ascertained. Located in Mizushima, Japan, the plant had a production capacity of 320,000 mt/year.

Asahi Kasei Corporation is a global Japanese chemical company. Its main products are chemicals and materials science.
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Hungarian processor Simon completes €3m expansion scheme

MOSCOW (MRC) -- Technical injection moulder Simon Plastics has become a significant plastics processor in Hungary after it invested almost EUR3m in a new plant in the west of the country, said Plasticsnewseurope.

The company, which specialises in producing plastics and metal components for the auto sector, expanded its capacity with the addition of a new production hall and six new injection moulding machines at its site in Koszarhegy.

With the assistance of European Union funding worth EUR1.13m, Simon Plastics, which was founded in 1985 by its owner Simon Istvan, spent EUR295,600 to extend the IT system to allow for planning and monitoring all injection machine moulding.

The project included converting a previous warehouse on the site into a mould making shop and offices. Simon utilises overall working space amounting to 15,000m2.

Its latest investment brings to three the number of plants now run by Simon Plastics. Its main production is centred on the village of Koszarhegy, near the city of Szekesfehervar, and the site of an existing facility. A third manufacturing unit is located in the nearby village of Szabadbattyan.

Simon Plastics, employing a total workforce of 480, now operates almost 100 injection moulding machines with a clamping force ranging from 25 to 1,000 tonnes. The equipment can be used for silicone and multi-component moulding.

Apart from automotive parts production, the firm moulds electrical connectors and plastic components for the electronics, medical, energy and food industries. Company customers include European auto product brands including Bosch, Hi-Lex, General Electric, Denso and Valeo.

Simon Plastics has recorded growing annual turnover in recent years and is reported to be expecting revenue to peak at nearly EUR20m in 2017 against around EUR17.6m last year.
MRC

Petrobras board approves listing fuel distribution arm

MOSCOW (MRC) — The board of Brazilian state-controlled oil company Petroleo Brasileiro SA voted to list its fuel distribution unit on the Sao Paulo Stock Exchange, said Reuters.

Petrobras will sell a 25% to 40% stake in BR Distribuidora, as the unit is known, the filing said. The transaction is subject to approval by regulators.

As MRC informed earlier, in December 2016, Petroleo Brasileiro said its board approved the sale of two petrochemical companies, Petroquimica Suape and Citepe, to Mexico’s Alpek SAB de CV for USD385 million.

Headquartered in Rio de Janeiro, Petrobras is an integrated energy firm. Petrobras' activities include exploration, exploitation and production of oil from reservoir wells, shale and other rocks as well as refining, processing, trade and transport of oil and oil products, natural gas and other fluid hydrocarbons, in addition to other energy-related activities.
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