Page 62 - Plastics News Issue November - 2024
P. 62

PRODUCT NEWS




             erating in the market. Major players such as           ity and efficiency, considering factors like
             Associated Bags,  Akshar Packaging, Aim                production output, resource utilization, and
             Plastic Pack, Bag Ladies, Polypro Packaging,           operational costs. This demonstrates the
             Champion Plastics, Marlex Poly Plast, Pearl            company’s commitment to quality control,
             Industries, Time Technoplast Limited, Essel            adherence to quality standards, and contin-
             Propack Limited (EPL), and Mutual Plastics             uous improvement.
             LLC are using various development strate-                                       Source – GlobeNewswire
             gies to gain competitive edge.

          ♦   In September 2024, EPL received Factory
             of the Year award for the overall productiv-


          Dow partners with Delian Group to develop


          sustainable solutions for circularity in automotive

          market products




                  ow a leading  global materials science        critical. Embracing sustainable materials can mit-
                  company, and Guangdong Delian Group           igate these issues, offering consumers more en-
          DCo., Ltd. (Delian Group) signed a memo-              vironmentally responsible options while promot-
          randum of understanding (MoU) at the 7th China        ing a circular economy in automotive services.
          International Import Expo. The two companies          Dow is dedicated to developing innovative solu-
          will collaborate to expand the application of         tions for a circular economy and enhancing our
          post-consumer recycled (PCR) resins in the au-        REVOLOOP  Recycled Plastics Resins portfo-
                                                                             TM
          tomotive market, supporting the industry's shift      lio to meet customers’ sustainability needs. We
          toward circularity.                                   are honored to collaborate with Delian Group to
                                                                advance the commercial application of REVO-
          Delian Group has successfully  incorporated           LOOP  in the automotive sector.”
                                                                       TM
          Dow’s REVOLOOP  Recycled Plastics Resins
                              TM
          into the packaging of auto care products. This        “We have been adhering to the business philoso-
          innovative solution not only reduces packaging’s      phy of energy conservation, emission reduction
          carbon footprint by greatly decreasing reliance       and a low-carbon environment’,” said Xu Tuan-
          on virgin resins, but also marks the first commer-    hua, Chairman of Delian Group. “The strategic
          cial application of Dow’s REVOLOOP  Recycled          partnership with Dow marks significant progress
                                               TM
          Plastics Resins in the auto care market.              toward  a  circular  economy,  further  distinguish-
                                                                ing Delian Group from competitors in the auto-
          Bambang Candra, Asia Pacific commercial vice          motive market and helping us meet the growing
          president of Dow Packaging and Specialty Plas-        global demand for sustainable products.”
          tics  said, “As  global  climate change  intensifies
          and  resources  become  scarcer,  the  sustain-                                Source – Plastics Technology
          ability of the automotive market is increasingly


             62   PLASTICS NEWS                                                                November 2024
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