UK investment pays off as Perstorp targets bioplastics

Charlotte Eyre
EUROPEAN PLASTICS NEWS

Published: October 23, 2013 6:39 am ET
Updated: October 23, 2013 6:41 am ET

Related to this story

Topics Materials, Sustainability, Materials Suppliers, K 2013, Business News & Features

DÜSSELDORF, GERMANY — Caprolactones leader Perstorp Group says its expansion of a plant in Warrington, England, has allowed it to move into the bioplastics market with a new material, which was on display at K 2013.

Perstorp got hold of the plant in 2006 when it acquired the Solvay SA caprolactones business for 200 million euros. At time of purchase, the plant had sales of 60 million euros and was one of only three caprolactone plants worldwide.

Market development director Håkan Björnberg said the Perstorp, Sweden-based company has invested in boosting annual capacity at the site to 30,000 metric tonnes and that the new capacity, which became operational last year, has allowed the company to serve the bioplastics market.

"We have also been investing in R&D for six years," he said. "We are traditionally more of a coatings market but our investments, which are about 150 million to 175 million euros, are now paying off in bioplastics."

The company has launched Capa, a bio polymer that can be industrially or domestically composted.

One of the main advantages of Capa is that it can be blended with other biopolymers, Björnberg said.

"For example, you can blend Capa with [polylactic acid] so that it is less brittle and you can make a more flexible product," he said.

Capa is one of four of the company's "star products" on display at K this year, the others being Pevalen plasticizer, Akestra thermoplastic and Charmor for intumescent systems.

Pevalen is a non-phthalate plasticizer for sensitive applications and is aimed at close contact PVC applications such as flooring or toys, while Akestra is a co-polyester that can be used in moulded applications such as sports bottles. Charmor is designed for phosphorous/nitrogen-based systems and reduces smoke and heat in the event of a fire.


Comments

UK investment pays off as Perstorp targets bioplastics

Charlotte Eyre
EUROPEAN PLASTICS NEWS

Published: October 23, 2013 6:39 am ET
Updated: October 23, 2013 6:41 am ET

Post Your Comments


Back to story


More stories

Image

EPA fines RI polymer company

August 29, 2014 1:20 pm ET

A Rhode Island polymer manufacturer has reached a $60,000 settlement with the U.S. Environmental Protection Agency (EPA) for violating federal clean...    More

Image

Chinese compounders seek market shares, often at the expense of margins

August 29, 2014 10:02 am ET

China's largest compounder, Kingfa Sci. & Tech. Co. Ltd., as well as its more automotive-focused counterparts Shanghai Pret Composites Co. Ltd. and...    More

Image

Green trend boosts plastic building materials business in China

August 29, 2014 9:42 am ET

The greening of China's domestic building materials market is giving the plastics industry a boost.    More

Image

PP prices rise 5 cents

August 28, 2014 3:59 pm ET

After a one-month break, volatility has returned to the North American polypropylene resin market, with prices increasing by an average of 5 cents...    More

Image

DuPont fined for 2010 chemicals release

August 28, 2014 1:37 pm ET

DuPont Co. has been fined almost $1.3 million for the release of several chemicals — including plastics feedstock phosgene — at its plant ...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events