Page 44 - Plastics News March 2022
P. 44
PRESS RELEASE
organoleptic properties to help main- pounds the material of choice for all ing. Such applications include squeeze
tain food and beverages flavor. The low food types including fatty food contact bottles, closures, seals, valves and other
migration feature also makes the com- applications, especially for food packag- food packaging solutions.
Autotech-Sirmax India expands Thermoplastics Compounding Capacity to 45000 MT/a
Autotech-Sirmax India Pvt. Ltd. (ASI- Investment in latest high-speed, tive OEM’s such as Maruti Suzuki,
PL), a JV between Tipco Group & Sir- flexible length, multi-port, mega- Honda, Toyota, TATA, etc. In 2018,
max SpA, invests INR 90 million and torque, Co-rotating Twin Screw Ex- ASIPL launched the complete range
increases its continuous production truders having overall annual capac- of speciality Engineering Thermo-
compounding capacity in latest plant & ity of 10,000 MT has increased the plastics Compounds (ETP) based
machinery at its flagship plant in Valsad, company’s installed output to over Sirmax technology for making Poly-
GJ, India
45,000 MT. According to company’s amides (PA6/PA66/Blends), Polycar-
Valsad, GJ, 22-Feb-2022 – Autotech- marketing director, Mr. Ankur Betai, bonate (PC), Styrenics (ABS/SAN/
Sirmax announces an increase in its “These new compounding lines will HIPS), Polyesters (PBT/PET), Spe-
thermoplastics compounding capacity help us cater to rapidly increasing ciality Blends (PC/ABS, PC/PBT,
at an investment cost of INR 90 million market demand for high-quality En- PA/ABS, PPE/PS), POM, PEEK,
in modern extrusion plant & machin-
ery at Valsad. The Mumbai-based com- gineering Thermoplastics (ETP such Electrically & Thermally Conduc-
pany is part of Tipco Group. It produces as Polyamide 6 & 6,6, ABS, Poly- tive Compounds, Elastomers. Tipco
Polypropylene compounds, Engineering carbonate, PC/ABS, PBT, Flame re- Group was also the first company in
Plastics, Long-Glass Fibre Compounds, tardant compounds) as well as Poly- India to produce Long Glass Fibre
propylene (PP) Compounds, which Reinforced Thermoplastics Com-
have grown by 50% and 26% respec- pounds (LFT) and Carbon Fibre Re-
tively in the recent months”. inforced Compounds (CFRP) using
latest extrusion-pultrusion technol-
Tipco Group
ogy which is successfully substitut-
Tipco was established in 1945. It ing metals with LFTs for several sec-
is India’s first plastics raw materials tors. Autotech-Sirmax has recently
manufacturing company. Tipco was launched Bio-Degradable Com-
Bio-Degradable Compounds, Circular also the first company to begin Poly- pounds called BioComp® for films &
Economy Materials, etc. for India & S. propylene Compounding in India in disposable market.
E. Asian markets. 1982 catering to various Automo-
44 PLASTICS NEWS March 2022