SRF plans S. Africa BOPP film facility
GURGAON, INDIA — SRF Ltd. is setting up its second overseas packaging film plant, in South Africa.
The Gurgaon-based company plans to make biaxially oriented polypropylene film at a 20-acre site in Durban. The company is in the final stages of acquiring the property.
SRF is investing about $70 million in the 66 million-pound-per-year plant, according to Prashant Mehra, vice president of marketing and strategic sourcing. The company plans to start production in the second quarter of 2013.
SRF believes the South African market offers opportunities for growth, in part because local customers currently depend on imported film.
“We find a decent BOPP market in South Africa, “ Mehra said. He added that the country is known as the gateway to the South American market, as well as the southern African market.
The new unit will mark SRF's entry into BOPP film. The company currently has two plants in India, in Indore and Kashipur, which together have annual capacity for 126 million pounds of PET film.
SRF also has plans to set up a PET film plant in Bangladesh.
Mehra said SRF is open to the idea of making BOPP film in India, but the firm does not have a time line for investment there.
“We know the packaging market is growing rapidly in India and offers growth prospects,” Mehra said.
Pacific Plastics sees pickup in electronics
SAN DIEGO — Pacific Plastics Injection Molding of San Diego is developing molds for a proprietary product and nine custom projects, involving the electronics and consumer product end markets.
“The products include an iPhone accessory and several for the recreational golf market,” said Jae English, president.
Pacific has projects “coming down the pipeline,” high interest in tooling and indications that “people are fed up with China because of total cost,” said English.
The firm offers product design and development, in addition to tooling and molding. It operates 10 injection presses of 28-500 tons, including a vertical press for overmolding, in 18,000 square feet of space.
Formed in 1980, Pacific Plastics employs 25, including seven mold makers. The company had 2010 sales of $2 million.
Japan's Daiei to open molding plant in Tenn.
TOKYO — Japanese auto supplier Daiei Inc. is opening its first U.S. molding facility.
The Murfreesboro, Tenn., plant of Daiei America Inc. will make parts for Nissan Motor Co. Ltd. in North America.
Daiei America began assembly and injection molding operations in June. It expects to employ 55 in Murfreesboro, the company said in a May 20 news release.
Daiei has produced injection molded auto parts since 1964.
Tokyo-based Nissan is expanding production in North America with goals to make 1.7 million vehicles in the region by 2015, up from 1.1 million currently.
Inteva Products opens Ohio technical center
TROY, MICH. — Auto supplier Inteva Products LLC has opened a 73,000-square-foot technical center in Ohio that will be the focus of the development and testing of future auto interior products.
The Vandalia, Ohio, site will house 150 engineers, technicians and other employees, Troy-based Inteva said in a news release.
Private investors created Inteva in 2008 when they bought most of the interiors operations of Delphi Automotive LLP.
Vandalia will be one of three Inteva technical centers globally, joining sites in Seoul, South Korea, and Wuppertal, Germany, the firm said in the release.
Inteva designs, molds and assembles cockpits, headliners, door trim, instrument panels and other interior parts.
Inteplast acquires Vibac's US BOPP unit
LIVINGSTON, N.J. — Inteplast Group has acquired Vifan USA Inc., the U.S. part of Vibac Group's biaxially oriented film business.
Terms were not disclosed.
Morristown, Tenn.-based Vifan will continue to operate its Morristown, and Lanoraie, Quebec, plants, the company said in a June 1 news release.
According to Ticineto, Italy-based Vibac Group SpA's website, it formed its BOPP unit in 1980 in L'Aquila, Italy.
Vibac will continue to serve European markets from its BOPP film plants in L'Aquila and Potenza, Italy. It also operates tape plants for BOPP, PVC and paper adhesive tapes in Ticineto and Termoli, Italy; and Montreal.
Before selling Vifan to Livingston-based Inteplast, Vibac had a combined worldwide production capacity of 380 million pounds per year of clear, metalized and cavitated white opaque BOPP.