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ReVive Compatibilizer from Ampacet Receives How2Recycle Prequalification for Store Drop-Off Labeling

ReVive Compatibilizer from Ampacet Receives How2Recycle Prequalification for Store Drop-Off Labeling

ReVive 311A Compatibilizer, a blend of functional additives from global masterbatch leader Ampacet has received How2Recycle Prequalification status for Store Drop-Off in eligible multi-layer PE film structures from the Sustainable Packaging Coalition (SPC).  The rigorous prequalification process included third-party testing at Plastics Forming Enterprises (PFE), which resulted in the Association of Plastics Recyclers (APR) Critical Guidance Recognition (CGR), recognizing significant new technologies that solve long-standing problems in sustainable package design.

ReVive, part of Ampacet’s R3 Sustainable Solutions product line can potentially be used to create Store Drop-Off recycle-ready multi-layer barrier films containing PA6 and/or EVOH. Post-industrial and post-consumer barrier films made with ReVive also can be reprocessed back into the polyolefin recycling stream and used for film production or other downstream plastics processing.

“ReVive offers the best of all possible worlds in food packaging,” says Doreen Becker, Ampacet Sustainability Director. “Although multi-layer barrier films (EVOH/PA6) have not been recyclable, they are superior to mono-material PE films in preserving food freshness and preventing food waste. Adding ReVive Compatibilizer means that processors can boost the use of PCR/PIR to meet sustainability goals and CPG companies can offer packaged foods with superior food preservation as well as good recyclability. The end result benefits consumers and the planet.”

“ReVive’s How2Recycle Prequalification for Store Drop-Off allows us to show CPG brands how they can use the How2Recycle standardized labeling system in their packaging to achieve circular economy goals and help encourage consumers to recycle as well,” adds Becker.

How2Recycle labeling for Store Drop-Off allows consumers to recycle eligible packaging at many area grocery stores and big-box retail locations.

How2Recycle Prequalification for Store Drop-Off confirms that multi-layer barrier films containing the appropriate combination of EVOH and/or PA6 with the correct loading of ReVive 311A may be eligible for How2Recycle Labeling for Store Drop-Off.

How2Recycle prequalification is not the final designation of the label that a brand will ultimately feature on the package (final designation can change based on product application, attachments, and more) but allows companies to design packaging and purchase materials with recyclability in mind. How2Recycle is the first standardized label system that allows companies to accurately track and measure the recyclability of packaging materials and products.

 The on-package labeling was created to provide consistent and transparent recycling information for consumers in the US and Canada. ReVive 311A, when used with EVOH (32 mol%) and/or PA6 nylon barrier layers in PE films, has been recognized by the Association of Plastics Recyclers (APR) as meeting or exceeding the strictest requirements for Critical Guidance Protocol for PE Film and Flexible Packaging. This APR recognition is based on the technical recyclability of 20% and less EVOH with ReVive 311A at a 1:5 ratio of ReVive to EVOH, 15% and less PA6 with 2.25% ReVive 311A and 10% PA6 plus 5% EVOH or less with 2.5% ReVive 311A in a multi-layer film structure of PE films.

“Ampacet ReVive maintains good flow properties at the recommended letdown ratios, among the lowest in the market, and can generally be added to the PE bulk layers as a drop-in as validated in testing by leading industry partners,” says Jim Morrison, Ampacet Strategic Business Manager, Flexible Packaging. “We are proud to be supporting the industry’s drive toward creating new opportunities for plastics circularity,” he added.

#Revive311ACompatibilizer #ampacet #sustainblepackingcolitation

https://www.ampacet.com/

 

Nations commit to develop a legal binding agreement

Nations commit to develop a legal binding agreement

Heads of State, Ministers of environment, and other representatives from 175 nations endorsed a historic resolution at the UN Environment Assembly (UNEA-5) today in Nairobi to End Plastic Pollution and forge an international legally binding agreement by 2024. The resolution addresses the full lifecycle of plastic, including its production, design, and disposal.

“Against the backdrop of geopolitical turmoil, the UN Environment Assembly shows multilateral cooperation at its best,” said the President of UNEA-5 and Norway’s Minister for Climate and the Environment, Espen Barth Eide. “Plastic pollution has grown into an epidemic. With today’s resolution, we are officially on track for a cure.” 

The resolution, based on three initial draft resolutions from various nations, establishes an Intergovernmental Negotiating Committee (INC), which will begin its work in 2022, with the ambition of completing a draft global legally binding agreement by the end of 2024.

It is expected to present a legally binding instrument, which would reflect diverse alternatives to address the full lifecycle of plastics, the design of reusable and recyclable products and materials, and the need for enhanced international collaboration to facilitate access to technology, capacity building, and scientific and technical cooperation.

The UN Environment Programme (UNEP) will convene a forum by the end of 2022 that is open to all stakeholders in conjunction with the first session of the INC, to share knowledge and best practices in different parts of the world. It will facilitate open discussions and ensure they are informed by science, reporting on progress throughout the next two years. Finally, upon completion of the INC’s work, UNEP will convene a diplomatic conference to adopt its outcome and open it for signatures.

“Today marks a triumph by planet earth over single-use plastics. This is the most significant environmental multilateral deal since the Paris accord. It is an insurance policy for this generation and future ones, so they may live with plastic and not be doomed by it.” said Inger Andersen, Executive Director of UNEP.

“Let it be clear that the INC’s mandate does not grant any stakeholder a two-year pause. In parallel to negotiations over an internationally binding agreement, UNEP will work with any willing government and business across the value chain to shift away from single-use plastics, as well as to mobilize private finance and remove barriers to investments in research and in a new circular economy,” Andersen added.

Plastic production soared from 2 million tonnes in 1950 to 348 million tonnes in 2017, becoming a global industry valued at US$522.6 billion, and it is expected to double in capacity by 2040. The impacts of plastic production and pollution on the triple planetary crisis of climate change, nature loss, and pollution are a catastrophe in the making:

  • Exposure to plastics can harm human health, potentially affecting fertility, hormonal, metabolic, and neurological activity, and the open burning of plastics contributes to air pollution.
  • By 2050 greenhouse gas emissions associated with plastic production, use and disposal would account for 15 percent of allowed emissions, under the goal of limiting global warming to 1.5°C (34.7°F).
  • More than 800 marine and coastal species are affected by this pollution through ingestion, entanglement, and other dangers.
  • Some 11 million tonnes of plastic waste flow annually into oceans. This may triple by 2040.
  • A shift to a circular economy can reduce the volume of plastics entering oceans by over 80 percent by 2040; reduce virgin plastic production by 55 percent; save governments US$70 billion by 2040; reduce greenhouse gas emissions by 25 percent, and create 700,000 additional jobs – mainly in the global south.

The historic resolution, titled “End Plastic Pollution: Towards an internationally legally binding instrument” was adopted with the conclusion of the three-day UNEA-5.2 meeting, attended by more than 3,400 in-person and 1,500 online participants from 175 UN Member States, including 79 ministers and 17 high-level officials.

#UN Enivornment assembly #UN MEMBER  #Lifecycleplastic 

https://www.unep.org/

Box Genie Introduces Highcon to Support its Growing E-Commerce Platform for Corrugated Packaging

Box Genie Introduces Highcon to Support its Growing E-Commerce Platform for Corrugated Packaging

Box Genie, an on-demand e-commerce platform for corrugated packaging, has begun full production on the Highcon Euclid 5C digital converting system. The Highcon Euclid is installed at the Box Genie’s facility in Kansas City, MO to support a digital workflow from print to finished product. After less than two weeks following installation, Box Genie has already started full production.

Box Genie, founded by a third-generation family-owned packaging manufacturer, began production in 2021 as an e-commerce packaging provider specializing in corrugated packaging for small to medium size businesses. The company specializes in custom mailer boxes of varying shapes, colors, sizes, and designs. Box Genie chose Highcon for its ability to reduce tooling costs and shorten lead times without sacrificing quality.

“Box Genie was particularly interested in shortening lead-times to better serve small-to-mid-size orders and meet our customers’ needs for custom boxes,” said James Beard, COO Box Genie.” Highcon digital finishing allows us to increase throughput and cutting capacity as well as the ability to run custom boxes and displays and gang multiple jobs to improve efficiency.”

In addition to expanding its capacity, Beard said that Box Genie expects to be able to go after new business as a result of the purchase. “We bought the Highcon because we wanted more capacity and shorter lead times,” he added. “We were very pleased with the Highcon installation process and the dedicated onboard and training staff.”

Highcon General Manager and VP Sales, Americas, Michael Ciaramella, said “It is our pleasure to welcome Box Genie to the ranks of our innovative customers, many of whom are experiencing the benefits of adding Highcon digital converting to their production capabilities.

Streamlining the workflow and optimizing production with an end-to-end digital manufacturing process helps our clients stay ahead of the competition while adding incremental value to their customers. Box Genie is joining a growing group of customers that are leading the Web to Pack market transformation.”

#Highcon #ecommerce #support #Corrugated Packaging

https://www.highcon.net/

“Electrification of machines is the trend”

“Electrification of machines is the trend”

Mr. Möller, what contribution can Baumüller, as a drive specialist for mechanical engineering, make towards mitigating the climate crisis?

We help to reduce the energy consumption of machines; less energy also means CO2 reduction. A good example is our drive automation solution for servo-hydraulics. Here we combine the advantages of hydraulic power transmission with the control quality and dynamics of energy-efficient electric drive technology plus intelligent software. In this way, a lot of energy can be saved. In the field of plastic injection moulding machines, the servo-hydraulic drive has already established itself as a standard.

Are there other advantages of electric drives besides energy efficiency?

It is much more precise. For example, high-voltage components of electrical connection technology and also complex plastic components for automotive interior or exterior components are produced on such machines. Such solutions are crucial for e-mobility and replacing heavier metallic components such as steel with plastic is very important for lightweight construction. This can reduce weight and increase the range of the vehicles. This also saves energy and is an important contribution towards the acceptance of e-mobility as well as climate protection.

The use of electric drive technology with its high precision and dynamics also makes an important contribution to high productivity with very good process reliability. This reduces scrap to a minimum, thereby generating additional savings. We have a very well-matched portfolio of solutions for the electrification of drive axes in plastics machinery, with which hybrid and fully electric machines can be realized.

Is the share of electrical machinery increasing?

We see a trend toward a further increase in the degree of machine electrification and the proportion of electrically driven axes in machines. We are witnessing increasing demand for drive solutions for hybrid and fully electric machines. This is understandable, as these machines are used to manufacture packaging or medical technology products for example.

So how extensive are the savings in terms of carbon footprint?

It is easy to quantify the energy savings in terms of kilowatt-hours saved. For servo-hydraulic solutions, for example, the benchmark is defined as savings of at least 30 percent. Ultimately, of course, the level of savings achieved always depends on the application. In addition, machine builders and users benefit from other advantages of electric drive technology.

Keywords here are productivity increases through parallel functions, less material input as a result of shorter start-up times after set-ups, better repeat accuracy in production, and lower noise emissions to protect production employees. This has always been important, which is why even earlier on, machines used electric drive technology. But the advantages of electrics have become even more significant with the current quest for combined sustainability.

To what extent does digitization help in this context?

In principle, digitization is an important catalyst for achieving ambitious climate targets. It is also a good tool for efficiently exploiting the potential of drive technology with optimum manpower and resources. One example is simulation software. By means of a digital twin, you can anticipate commissioning; you can optimally design the drive components before you start the real machine. Another example is modern communication interfaces for intelligent machine communication within the production network, with peripheral devices or, for example, with upstream and downstream value creation stages.

Apart from its core business of mechanical engineering, Baumüller also drives electrification forward in other areas. What are you doing specifically?

We have been enabling the electrification of mobile vehicles and ships for very many years. Here too, we work with fully electric and hybrid systems and combine the advantages of different technologies. In addition to a fully electric concept with batteries, we also use hybrid concepts with conventional fuels or hydrogen as a storage method.

For example, we often use such hybrid concepts for larger mobile machinery or ships, whereby the combustion engine always functions at the optimum operating point and supplies the electrical consumers via a high-voltage intermediate circuit. The result is fuel savings of 20 percent and more, meaning a further contribution to CO2 reduction and thereby to sustainable climate protection.

Is demand also increasing in this area?

We definitely see a push here as well. The quest for sustainability is clearly the driver. As is the case in the plastics industry, this trend is irreversible. Solutions have to be developed and implemented continuously. It’s a long road, but there is no alternative to this path. There has always been discussion about energy efficiency and energy saving, but it is only our current climate protection and our CO2 reduction targets that cause these concepts to be pursued more consistently and implemented to a greater extent, also as a result of stronger consideration of the total cost of ownership.

#interview #reduceenergy #electricmachinery #carbonfootprint #hybridconcept 

INEOS Aromatics reduces CO2 emissions and increases capacity with $70 million modernization of PTA facility in Merak, Indonesia

INEOS Aromatics reduces CO2 emissions and increases capacity with $70 million modernization of PTA facility in Merak, Indonesia

INEOS Aromatics has completed a $70 million modernization of its purified terephthalic acid (PTA) plant in Merak, Indonesia, that significantly reduces emissions and increases capacity, supporting the competitiveness and growth of the Indonesian polyester industry.

PTA facility in Merak

The installation of a larger oxidation reactor, reconfiguration of the reactor’s heat recovery system, and revamp of the process air compressor train will both reduce CO2 emissions per ton by 15% and increase the site capacity by 15%, from 500,000 tonnes to 575,000 tonnes per annum.

PTA is used by the polyester industry to produce items for homes and businesses such as clothes, furniture, food & drink packaging, and other industrial uses. The investment will also improve the reliability and competitiveness of the plant, increasing the availability of PTA for the Indonesian market and the use of local content in a fabric produced in the country.

‘The INEOS Aromatics facility in Merak has played an important role in the Indonesia polyester industry for some time. This new, multi-million dollar investment shows our commitment to its future growth,’ says Frank Yang, President Director, INEOS Aromatics Indonesia.

‘It also continues INEOS Aromatics’ tradition of deploying technology that helps lead the polyester industry to a more sustainable future,’ he adds. ‘It supports INEOS’ commitment to producing essential products while reducing emissions to net-zero by 2050.’

The plant modernization was completed safely amidst the COVID-19 pandemic that affected the movement of people and materials during the process. Frank adds, ‘We thank everyone who participated in the project, surrounding communities, and regulators in providing the support needed to complete the project safely.’

The Merak plant has been operating for nearly 25 years and is a major PTA supplier in Indonesia. It became part of INEOS, as part of its $5 billion acquisition of the bp petrochemicals business in January 2021, extending both its portfolio and geographical reach.

#reduceCO2 emission #modernization #PTAfacility #merak 

https://www.ineos.com/businesses/ineos-aromatics/

Hubergroup presents a system solution for faster offset printing

Hubergroup presents a system solution for faster offset printing

How can we print even faster? This question plays an important role in pressrooms. Press speeds of up to 20,000 sheets per hour are now possible in packaging and commercial printing, but they often lead to a critical ink-water balance. At the same time, job volumes are getting smaller and smaller, so a stable production with fast control response is important.

To meet these changing market requirements, Hubergroup Print Solutions is now launching PERFECT-DRY-FIX, a fountain solution additive that is suitable for both conventional and UV offset printing. PERFECT-DRY-FIX enables smooth operation and high quality even at high printing speeds. In addition, the new fountain solution additive is optimally matched to the already established ECO-PERFECT-DRY ink series, which Hubergroup has also developed specifically for fast printing.

High-quality prints at high speed

“In offset printing, the symbiosis of fountain solution and ink plays an important role. It is crucial for a high-quality print image,” explains Frédéric Kocher, Head of Product Development Fountain Solution at Huber group. “Fountain solution additives regulate and stabilize the ink-water balance. At high printing speeds, however, conventional fountain solution additives do not manage to maintain this balance.”

With this in mind, the Huber group developed PERFECT-DRY-FIX. The new fountain solution additive is specially designed for fast printing. Even at high press speeds, it, therefore, ensures fast control behavior, good wetting of the non-image area, fast plate free-running, and very stable production printing behaviour. In addition, PERFECT-DRY-FIX supports fast drying and thus rapid finishing of packaging, magazines, or commercial jobs. To reduce the workload of printers, the Huber group also made sure that the fountain solution additive ensures a clean fountain solution circuit and reduces the amount of maintenance required for printing presses.

System solution for smooth printing

Printers also benefit from the fact that the Huber group produces both fountain solution additives and printing inks. This means that the company has extensive knowledge in both product categories and can coordinate the products to ensure a smooth printing process. Frédéric Kocher explains: “When developing PERFECT-DRY-FIX, it was important to us that the fountain solution additive is an optimal complement to our ECO-PERFECT-DRY ink series. Both products promote a fast printing process and are characterized by a sustainable formulation – they are therefore an ideal match. In combination, they ensure a particularly high-quality print image and harmonious production with little effort.”

 

#pressspeed #fastprinting #highquality #sustainable 

http://www.hubergroup.com/

 

Medical & Healthcare TPEs’ Adhesion & Processing Characteristic

Medical & Healthcare TPEs’ Adhesion & Processing Characteristic

TPEs bond easily when processed either through overmolding or co-extrusion with most commonly used structural plastics, eliminating the need for additional adhesives and allowing for faster and more cost-effective processing.

One of the main areas of growth for TPEs is overmolding. Many product designers are utilizing TPEs to add a “soft touch” to a rigid material. KRAIBURG TPE, a global TPE manufacturer of a wide range of TPE products and custom solutions for multiple industries, offers the THERMOLAST  H series HC/AP, developed specifically for healthcare and medical device applications in the Asia Pacific. The HC/AP series compounds have a hardness range of 30-90 Shore A and can be used in a variety of applications due to their wide range of hardness from soft to semi-rigid.

Especially for medical and healthcare applications, KRAIBURG TPE’s HC/AP series of TPE compounds can be over-molded to produce comfortable, non-slip, and abrasion-resistant handles, grips, and buttons. 

Through multi-component injection molding and extrusion, the THERMOLAST  H HC/AP series has good bonding with polypropylene (PP) and polyethylene (PE) resins, allowing for flexibility in product designs. 

As such, the compounds can be over-molded to alter the surface feel, improve aesthetics, and cushion against vibrations. 

All-round material solutions 
Good haptics, soft-touch properties, and elasticity improve function and design, allowing medical device manufacturers to be more creative with their product applications. 

KRAIBURG TPE’s HC/AP compounds have a good compression set and are thus fitting for sealing and closure applications. 

Furthermore, the compounds can be sterilized in an autoclave at 121°C or with ETO (gas); and have good thermoplastics processing and flowability, stretching the possibility for more medical part designs.

The HC/AP series compounds are safe for use in medical applications and meet standards such as cytotoxicity ISO 10993-5, GB/T 16886.5, biocompatibility testing according to ISO 10993-5 and GB/T 16886.5, as well as a number of international food contact and medical standards.

Other properties such as good chemical resistance, good sealing, and no cytotoxic potential, as well as the ability to be colored into various chromatic effects, present KRAIBURG TPE’s HC/AP compounds as all-round material solutions for the medical and healthcare segments.

#TPEs #costeffectiveprocess #HC/AP compound #thermolast 

 

Comexi Will Expand Its Presence in the Middle East with a Showroom at Madayn Plastic Company

Comexi Will Expand Its Presence in the Middle East with a Showroom at Madayn Plastic Company

Comexi, a specialist in solutions for the flexible packaging printing and converting industry, will set up a showroom in the Middle East as a result of an agreement reached with Madayn Plastic Company. The Omani company has decided to venture into the flexible packaging sector with Reifenhäuser and Comexi, with the intention of investing a large percentage of the Sultanate’s market share.

 For this reason, Madayn Plastic has acquired a Comexi F2 ML flexographic press, a Comexi ML2 Evolution laminator, as well as a Reifenhäuser Blown Film. The three machines will be installed in the facility that the company is building in Sohar. Companies in the Middle East that are interested in Comexi’s technology will be able to view the flexographic press and the laminator.

“This is a very important operation for us”, explain Oriol Rabert, a Comexi Area Manager in this region, and Bharath Yalla, Managing Director of Reifenhäuser Middle East & Africa, who highlight that “the geographical location of Madayn Plastic Company allows us to reach potential clients from all over the Middle East and India. Having a showroom in Oman will help us to demonstrate the full potential of our flexographic printers and laminators”. This project, led by RMEA, reinforces the successful relationship between Reifenhäuser and Comexi, which has been a great success in India, for many years, and now extends to the Middle East.

Madayn Plastic Company began operating in the flexible packaging industry with very clear ideas. Unlike most companies in the sultanate, which work with low-cost machines, Madayn has made a clear commitment to quality through the acquisition of state-of-the-art technology such as the Comexi F2 ML and ML2 Evolution machines. “The investments of Madayn Plastic Company in Comexi and Reifenhäuser machinery will allow the Omani company to produce a substantial amount of flexible packaging within the country,” says Oriol Rabert.

The Comexi F2 ML printing machine is the ideal response to market demands, in reference to large format jobs, such as those of the polyethylene market for wrap-around, hygiene, as well as the majority of pet food sizes. The F2 ML is a mature machine, designed with every ergonomic and robust solution of the F2 family. It incorporates every GeniusTech solution that assists printers to conquer the main challenges they currently face, which include a lack of skilled operators, a job length reduction, and an increased number of job changes, among others.

 As a result of solutions, such as the fast, accurate, and automatic job setup with GeniusPrint, the high print quality provided by GeniusDrive, the absence of bouncing with GeniusRun, and the increased drying performance of GeniusDry, this machine is able to deliver the top-level performances that these markets require.

“This is the first Comexi F2 ML we have sold in the Middle East and India; it will undoubtedly be the most complete flexographic printer ever installed in Oman,” says Rabert, adding that with this machine, Madayn Plastic Company will be able to print more meters, as this machine is the first 1.5 meter F2 ML built by Comexi.

The Comexi ML2 Evolution laminator is a high and extremely versatile machine. It can be configured not only to laminate two or more materials with water-based, solvent-based, or solventless adhesives but as a coating machine, as gravure or flexo printing unit -at the register or full covering-, so a real all-in-one machine. The ergonomic design of the Comexi ML2 Evolution laminator allows for the simplistic and intuitive performance of daily operations at top speeds, thus subsequently maximizing production and minimizing downtime.

In order to meet the highest standards, the Comexi ML2 Evolution has incorporated new state-of-the-art options that will facilitate the conversion of flexible packaging. These include the ComexiClosed Loop, which automatically adjusts and maintains the adhesive grammage without solvents throughout production. Additionally, the automatic mark-to-mark registration adjustment system for cold seal will become a milestone in the industry, as avoids any operator intervention during the settings and considerably reduces material waste and the loss of adjustment time.

 In brief, the objective of the two systems is to facilitate the job set-up task and make machines more automatic, leading the industry towards full autonomous machinery. All of the aforementioned options, particularly in combination with an absolutely innovative new design, render a spectacular appearance that has never been seen on the market before, and which will become the new standard for Comexi.

#comexi #madyanplasticcompany #middleeast #autonomousmachinery #innovativedesign 

www.comexi.com

 

 

 

SONGWON delivers strong result for FY 2021

SONGWON delivers strong result for FY 2021

SONGWON Industrial Group today released its financial results for FY 2021. In Q4/2021, revenues continued to grow and totaled 283,475 Million KRW on December 31, 2021, marking a 39.1% increase when compared to the same quarter of 2020 (Q4/2020: 203,843 Million KRW). The net profit of 26,100 Million KRW for Q4/2021 amounted to a record 765.7% rise over the net profit achieved in the final quarter of 2020 (3,015 Million KRW). SONGWON ended 2021 strongly, achieving overall consolidated sales totaling 998,190 Million KRW, 23.6% higher than the previous year (FY 2020: 807,768 Million KRW).

SONGWON had a strong start to FY 2021, despite the global challenges and economic crises caused by the ongoing COVID-19 pandemic. Throughout the year, increasing demand across the Divisions led to sound growth with a notable rise in revenues overall in comparison to FY 2020. Particularly in the final quarter of the year, SONGWON’s Divisions delivered solid Q4/2021 results with higher profitability and returns.

For Division Industrial Chemicals, when compared to Q4/2020, revenues increased by 32.3% in Q4/2021, amounting to 202,611 Million KRW, and sales rose by 19.9% in FY 2021 (735,654 Million KRW) over the previous year (FY 2020: 613,593 Million KRW). For Division Performance Chemicals, Q4/2021 was also a strong quarter. The Division achieved a 59.5% increase in sales (80,864 Million KRW) compared to Q4/2020 (50,690 Million KRW) and a significant increase in sales of 35.2% for the year, amounting to 262,536 Million KRW over the same reporting period in 2020 (FY 2020: 194,175 Million KRW).

Division Industrial Chemicals’ solid sales performance in Q4/2021 was the result of strong global demand and the limited availability of certain chemical products. The previously implemented price increases across the product portfolio to offset the steep rises in raw materials and shipping costs also positively impacted the result. For SONGWON’s key business Polymer Stabilizers, sales volumes doubled in Q4/2021 due to the market’s short to balanced supply, high demand in all regions, and positive foreign exchange impacts. In Q4/2021, Fuel and Lubricant Additives also performed strongly.

The business recorded higher volumes on the back of the overall rise in demand across the industry. The positive performance was further enhanced by force majeure events and the formula-driven price increases implemented in the previous quarter which successfully counterbalanced the higher raw material and logistics costs. Q4/2021 was a record quarter for SONGWON’s Coatings business. Despite performing strongly above budget, and customers continuing to order in December instead of traditionally de-stocking, price increases were necessary to offset the skyrocketing raw materials prices and vigorous increases in logistics costs.

With increases in revenues and profit well above Q4/2020, SONGWON’s Division Performance Chemicals recorded results much higher than initially anticipated in the final quarter of 2021. Tin Intermediates saw signs of higher demand from Asia, particularly in China, and also performed strongly during Q4/2021, delivering a solid increase in turnover and margins despite necessary plant maintenance in November impacting sales. SONGWON’s PVC business recorded strong growth in Q4/2021 and delivered a robust performance with sales significantly above FY 2020 as a result of the improved market, particularly in Korea.

Despite facing unprecedented supply bottlenecks, logistics challenges, soaring raw material prices, and the emergence of new COVID-19 variants in 2021, executing our strategy has delivered positive financial results and is driving strong momentum moving towards 2022. Looking ahead, SONGWON expects the supply and logistics situation as well as raw material costs and pricing to remain volatile and demand to stay high.

Focusing on ensuring its supply reliability to customers, SONGWON will be expanding capacities to match the high demand, minimizing negative impacts to its supply chain and counterbalancing the escalating costs of materials and logistics. Amid the prevailing uncertainty, it is difficult to predict what FY 2022 will bring, and therefore, SONGWON remains cautious with its outlook.

However, with strong demand forecasted to continue, SONGWON anticipates that by strengthening its supply chain, driving additional operating efficiencies, and continuing to execute its strategy, the Group’s positive business performance will continue into FY 2022.

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Airnov develops sustainable upgrade to DRICARD moisture absorbers

Airnov develops sustainable upgrade to DRICARD moisture absorbers

Airnov Healthcare Packaging, a global leader in controlled atmosphere packaging, is now offering a new and more sustainable version of its DRICARD products to its customers.

DRICARD is a flat moisture absorber comprised of calcium chloride desiccant laminated between film layers. As with desiccant packets, DRICARD is designed to maintain a dry package environment to keep nutraceuticals, foods, and diagnostics safe from the damaging effects of moisture.

The new, more sustainable version provides twice the capacity in the same size card, uses less plastic, and is printed with high-contrast blue ink on a white background, meaning it requires 80% less ink to produce than the current orange DRICARD 

“Airnov continues to improve its products in a more sustainable way, decreasing the consumption of ink and plastics used in our DRICARDS being just the latest example of our sustainability commitments,” commented Nicolas Martinez, Global Product Manager at Airnov.

As well as numerous enhanced sustainability credentials, the new DRICARD also offers performance benefits – its double thickness provides twice the moisture absorption capacity as its predecessor, all the while maintaining the same overall size and surface.

Nicolas Martinez continued “This new ability to double absorption capacity in the same size DRICARD improves Airnov’s product performance which, crucially, allows our customers to better optimize their packaging.”

Other key features of DRICARD include dust prevention, made possible by binding the calcium chloride desiccant within the laminate structure.

Furthermore, the rigid structure of the card allows high-speed automatic insertion by card dispensers or pick-and-place systems, while its flat profile is designed for use in applications that require desiccation in small and narrow packaging spaces. The blue-on-white printing is high-contrast and high-visibility where it is essential to minimize confusion with the end-product.

The new product is available in a variety of standard sizes and can be tailored to custom sizes if required. It is also US FDA compliant for use in nutraceutical and food applications.

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