Page 28 - Plastics News August 2021
P. 28

FEATURE






          still to lower the closing pressure in the                             by changing the thickness of the shells.
          cylinders until the top roll “floats,” as that                         The cooling can be designed for “in
          takes into account every variable.                                     one end, out the other” or in/out the
                                                                                 same end. By making the center shaft
          Adding a larger-diameter top roll to an
          existing roll stack requires very extensive                            solid, almost all deflection of the shaft
          machine modifications.                                                 is eliminated.
                                                                                 I was reminded of the reverse-bending
          One possible solution is to use a top roll
          that deflects in the opposite direction.                               design when I was contacted by a sheet
          Even if both the top and middle are   In the reverse-deflection roll design, a   processor who has been using it for
          deflecting, the reverse-bending top roll   middle shell and center supporting the   approximately 20 years and wanted
          can take that into account to maintain   cooling surface off  the center shaft   some built for additional sheet lines. It
          a parallel roll gap. A schematic of this   is added so it deflects in the opposite   may resolve your roll-deflection issues
          design is shown in Fig. 2. There were   direction. If the design of the opposing   at much less expense than conversion
          many of these reverse-deflection rolls   (middle) roll is known, its deflection can   of your existing sheet stack or purchase
          made for several years             be exactly matched to the opposing roll   of a larger stack.




          Premji Invest Buys Significant Stake In SB Packagings



             remji Invest, the family office of  and PepsiCo. Following the acquisition,  Plus Glass and Shubham Housing among
          PWipro founder Azim Premji, has  SBP’s current managing director Amit  other companies.
          acquired a significant stake in India- Banga will continue to be a significant   SB Packaging’s is the manufacturer of
                                             shareholder in the company. He will   Flexible packaging material, both mono-
                                             endeavour to drive the business with   polymer and multi-layered, in form
                                             financial and strategic support  from   of Rolls and bags. SBP is the largest
                                             Premji Invest.  Mr  Amit Banga said:   manufacturer of PE Bags in India and
                                             “We have grown steadily over the last   has a large variety of bags for different
                                             decade, winning trust and market share   applications including Food and Hygiene
                                             with  our  marquee  global  customers,   products. The com-any boasts of state
                                             who have a very high threshold for   of the art European Flexo and Gravure
                                             quality and consistency. “Innovation and   printing facilities, Solvent-free lamination
                                             sustainability have been the core pillars of   and Film extrusion lines with a total
          based packaging company SB Packagings  SBP’s business model. “With the backing   capacity of 11000 TPA. We have the
          (SBP). The exact financial details of the  from Premji Invest, one of India’s leading   largest variety of Bags and Pouches in
          transaction have not been disclosed, but  PE investors, we look forward to further   the country including Wicket Bags with
          the deal is  said to be valued at around  expanding our capabilities through   handle and perforation, Side Gusset bags
          $25m. The acquisition primarily involves  organic and inorganic routes, thereby   with Patch Handle, Side/Bottom Seal
          the partial sale of a stake held by SBP’s  strengthening our position in the Indian   bags with gusset and Laminated Pouches:
          current promoter shareholders. SBP  flexible packaging industry.” EY and   Zipper, Stand-up, Spout, Shaped/Profile,
          will use the primary capital injection  Khaitan and Co served as SBP’s advisors   Quadra/Centre/3 Side Seal, Rope
          to expand its capacity and pursue  for the transaction. Premji Invest focuses   Handle etc.
          inorganic acquisitions. Based in Delhi,  on expanding medium-sized Indian
          SBP manufactures flexible packaging  companies to compete on a global scale.  Of late the company SB packaging has
          materials for companies in the hygiene  It primarily operates across the consumer,  been focusing working  on sustainable
          and food industries. Its clients include  financials, technology and manufacturing  and recycleable packaging and has also
          Procter and Gamble, Johnson and  industries. The company has invested in  developed  PE  based high barrier film
          Johnson, Unicharm, Kimberly Clark,  Fab India, Hygienic Research, ID Foods,  without using PET or EVOHor BOPP
          Nobel Hygiene, Walmart, Future Group  Lenskart, Policy Bazaar, Flipkart, Gold  so as to qualify as a monolayer film .

                                                28   PLASTICS NEWS  AUGUST 2021
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