COMPANY NEWS
Nature works increases production capacity eanwhile, PLA maker NatureWorks is increasing its capacity to 150,000 tonnes/year, using new equipment from Swiss firm Sulzer Chemtech. Cereplast Chairman/CEO Frederic Scheer has said the investment will allow the firm to restart its production schedule and access raw materials. The funding will also allow it to support its recently opened office in Hyderabad, India, where the firm sees interest from potential customers totalling more than 1,800 tonnes of its materials. The firm also posted a loss of US$6.3 million in the first half of the year, compared to the US$4.1 million loss it made in the same period in 2011. NatureWorks,
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on the other hand, is increasing its production capacity and ability to make speciality products with proprietary equipment from Swiss manufacturer Sulzer Chemtech. The new equipment will be installed in early 2013 and will increase the site’s production capacity by 7%.NatureWorks says it will abe able to make speciality grades of high-performance resins and lactides based on its Ingeo-brand biopolymer. The new materials can be used in injection moulding applications and in fibres.NatureWorks owns patents to the process used to make the new materials, while Sulzer has exclusive worldwide sublicensing rights to the process
Natpack searching for distributors eener Plastic Packaging Group member Natpack is looking for distributors. Natpack was founded in 1997 under license from the German plastic packaging producers Weener Plastik AG, with the year 1999 witnessing its first production and supply of plastic packages. With a history of successful projects and winning the trust of its customers, suppliers and stakeholders, Natpack became a member in Weener Plastic’s Global group in 2003. Since then, Natpack's growth and development within the group have propulsed it to seek new international distributors
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worldwide. Natpack's products are manufactured in the company's state of the art production facility in Egypt, comprising four different manufacturing lines: tube extrusion, injection molding, blow molding, and injection blow molding. The company is a market leader in high quality rigid plastic packaging in the region for tubes, bottles, caps, deodorants, and more. Natpack is currently primed to expand operations globally and as such is seeking distributors for its products in Europe and North America, as well as on its home turf of the MENA region
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Sinopec orders closure of two refineries and a petrochemical plant inopec Group, the parent of China Petroleum & Chemical Corp. (Sinopec), has ordered the closure of two refineries and a small petrochemical plant in the southern province of Guangdong for environmental checks, according to Reuters. The two refineries, Sinopec Guangzhou Petrochemical Corp. and Sinopec Dongxing refinery have a combined crude processing capacity of 370,000 bpd. The petrochemical giant issued the order after a Chinese state television channel showed inspectors from the Ministry of Environmental Protection, and Guangdong’s provincial environmental protection bureau, berating the company for repeated regulatory violations, the South China Morning Post reported. “No one supervised [the companies] and asked them to correct [their wrongdoings] even though it was crystal clear that their pollution emissions were beyond national standards,” the SCMP cited the director of the bureau’s inspection office as saying.
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O C T O B E R 2012