Page 42 - Plastics News January 2020

Business news

Germany’s Gerresheimer opens Indian Oil Corporation to set up

second production site in India Ethanol Plant at Panipat

erman pharmaceutical and healthcare products ith an aim to tackle the problem of stubble burning,
Gpackaging supplier Gerresheimer has opened a Wthe Indian Oil Corporation Ltd (IOCL) is going to
second production site in Kosamba, India. The new set up India’s first ethanol plant at Panipat, which will
plant will increase the production capacity to meet the convert paddy straw into ethanol, a renewable fuel,
growing demand for Triveni round containers. In 2012, said an official. The Centre is formulating a scheme
to find a permanent solution to the practice stubble
burning by farmers and has constituted a committee to
come out with a report on the matter. Most incidents
of stubble burning are reported in major paddy
growing districts of Karnal, Kaithal, Kurukshetra and
Fatehabad Following the initiative an MoU has been
signed between the Haryana government and IOCL for
the project, which will, in addition to alleviating the ill
effects of stubble burning on the environment, also add
to the income of farmers in the region. After harvesting
Gerresheimer acquired 75% stake in Delhi-based Triveni
Polymers to accelerate its growth in emerging countries. the paddy with Combine harvester, bundles will be
Gerresheimer Plastic Packaging global executive vice- made of the straw with baler machines. As many as 30
president Niels Düring said: “Today marks the start of collection centres would be established in Karnal and
a new chapter in the success story of Gerresheimer and Panipat, of which 20 locations have been identified in
Triveni. “We acquired a majority stake in the company Karnal district and 10 in Panipat, he said. Each centre
on 18 December 2012 and now, seven years later, we are will be set up around 10 to 12 km of starch, which
opening a new production site to boost our capacity.” will purchase the paddy straw from the farmers at a
In addition to the second site, the company operates
warehouses in Hyderabad, India. Düring expects that the
new development will help to reduce product delivery
time, increase supply performance and ensure wider
coverage for business continuity. The plant in Kosamba is
expected to begin production of Triveni round containers
in class-8 and class-9 clean rooms later this month.
The facility will support the company’s vial production
from tubular glass for pharmaceutical and diagnostic
applications, as well as ampoules. The packaging company
is also planning to build a new greenfield production
facility on the same site. The product portfolio of the
Plastics & Devices Division includes complex, customer- fixed rate. Accordingly project is likely to start by the
specific products for the simple and safe administration end of March this year and it is expected to become
of medicines, such as insulin pens, inhalers and prefillable functional by August 2021. The plant at IOCL, which will
syringes. Also included are diagnostics and medical be spread across 34 acres of the refinery premises, has
technology products such as lancets and test systems, the capacity to produce 100 kilolitres of ethanol a day
as well as pharmaceutical plastic containers for liquid
and solid medicines with closure and safety systems from 425.5 metric tons of rice straw. Panipat Refinery is
Last month, the company has opened a new plant for lndianOil's seventh and the technically most advanced
manufacturing plastic pharmaceutical packaging in public sector refinery complex of India.In a sprawling
Changzhou, China. area of around 4222 acres of land.

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