February 17, 2023
CJ Biomaterials Leverage their 100% Bio-Based PHACT to Enter the Injection Molding Market
CJ group comprises various businesses in many industries around the world operating in sectors such as Food & Food Service, Bio & Pharma, Entertainment & Media and Retail & Logistics. And it seems that they also intend to dabble in the injection molding industry as well, by leveraging their eco-friendly amorphous polyhydroxyalkanoate (aPHA) technology to bring injection molded products into various markets. CJ Biomaterials a division of CJ CheilJedang mark their entrance into the Injection molding market by releasing their first ever cosmetic jar made from their PHACT aPHA and polylactic acid (PLA). The jar was released in Asia as the packaging container for Clean It Zero Ceramide Cleansing Balm, to be sold at popular retail stores across South Korea. interestingly, CJ's PHACT is 100% bio-based and produced via the bacterial fermentation of sugar from natural sources such as corn, sugar cane, cassava, and cellulosic biomass. PHACT is described as being more rubber-like , softer and with different performance characteristics when compared to crystalline or semi-crystalline PHA. It looks like Cj Group intends to build a positive environmental profile in the injection molding industry and with various ongoing eco friendly trends their strategy could prove to be immensely successful. Learn more here.
February 28, 2023
Covestro Strategically Selects China for their Largest Ever TPU Plant
Covestro Strategically Selects China for their Largest Ever TPU Plant
German materials firm Covestro selected South China as the location for its new thermoplastic polyurethanes(TPU) plant. This fully "green" powered facility will be Covestro's largest TPU plant ever, producing injection molding grades for a range of IT devices as well as footwear(among other things). The site will be constructed in Zhuhai, South China an economic development zone in Guangdong province. Investment for this ambitious project is estimated to be in the low hundred million US dollar range and it will be built over three phases eventually reaching its annual production capacity of 120,000 tones and covering an area of 45,000 square meters. The plant will feature cutting edge manufacturing and innovation capabilities and it is expected to promote market development for markets in China and the rest of Asia. Covestro's goal is to take advantage of the projected growth prospects in the TPU market in Asia and this is a massive step in the pursuit of that goal. Execs at Covestro have made it very clear that their intentions are to maintain success with their customers and partners in the long term. Learn more here.