Page 47 - Plastics News December 2022

BUSINESS NEWS

Airnov celebrates five years of manufacturing in Mitsui Sees Strong Demand
India for Recycled PP Compounds

President and CEO Osamu
Hashimoto outlines the resin
supplier’s strategy to develop
more sustainable materials for
mobility and other sectors.
• Cuddalore facility continues to market, which is proving very recep- redicting a 10% upswing in
serve a growing demand in the tive to the pioneering products that Ppolypropylene (PP) compound
Indian market and represents an we are able to bring to customers. sales in the second half of its fiscal
important hub for future regional “As we look ahead to the next five year ending in March 2023, Mit-
growth. years, India will continue to play a key sui Chemicals President and CEO

• Airnov to exhibit a broad range role in our business planning.” Osamu Hashimoto says the com-
of healthcare packaging solutions, The milestone arrives as Airnov ex- pany is more than well-placed to
including HAT-B®, EQius®, la- hibits at CPHI 2022 in India, a leading serve the sustainability needs of its
ser marked canisters and DRI- tradeshow connecting stakeholders in customers in the mobility segment
CARD™ at CPHI India 2022 the pharmaceutical sector. moving forward. He was speaking
Airnov Healthcare Packaging, a In particular, guests are invited to dis- in Tokyo at his annual CEO pres-
global leader in controlled atmos- cover a range of products. These in- entation.
phere packaging, has surpassed clude: “We have already received various
five years of manufacturing at its requests from clients for the sup-
production facility in India. • HAT®-B: Airnov’s latest innova- ply of recycled PP compounds in-
tive vial, is designed to limit car-
The plant, located in Cuddalore which bon footprints with an optimized corporating post-consumer recy-
sits south of Chennai in the Indian amount of plastic. They contain clate,” noted Hashimoto. Molders
state of Tamil Nadu, is operated by an adjustable desiccant quantity are currently evaluating colored
a workforce of around 40 dedicated and incorporate versatile sorbent compounds with 30 to 50% recy-
employees and is ISO 9001 and ISO materials to fit stability require- clate content exhibiting the same
15378. ments. The vial, suitable for the quality as virgin products, accord-

Beginning production in 2017, the pharmaceutical, diagnostic and ing to the company. “We are now
Indian site is an important local hub nutraceutical markets, is available working to establish a business
for Airnov serving what is a growing in two sizes and is compatible model, particularly through our af-
national and regional market. It will with existing filling lines. filiate Advanced Composites in the
also prove critical in meeting future • EQius®: Airnov’s equilibrium United States,” he added.
growth in demand for Airnov’s health- relative humidity stabilizers are Besides recycled grades, Mit-
care packaging solutions. sorbent products that can main- sui Chemicals is also establishing

Shrikar Trikannad, Head of sales India tain a specific required humidity frameworks for plastics based on
at Airnov, commented: “We continue level in pharmaceuticals. chemically recycled feedstocks
to see great promise in the Indian and biomass.

December 2022 PLASTICS NEWS 47