Middle East & Africa PET Markets, Applications & Recycling
The Address Dubai Marina
|
Energy giant Reliance Industries Ltd. is commissioning two petrochemical plants in Gujarat – a 650 KTA PET resin (Polyethylene Terephthalate) capacity and a 1,150 KTA Purified Terephthalic Acid (PTA) plant.
The PET and PTA produced by the plants will be used for making polyester plastic used in clothing, packaging, foods & beverages and plastic bottles.
The new PET plant is one of the largest bottle grade PET resin capacity at a single location globally, positioning Reliance as a leading PET resin producer with more than 1.15 million tonnes of PET resin capacity.
This will help the company capture the demand for PET packaging in India which is one of the fastest growing markets with demand growing at 15-20 per cent per annum.
With these new plants, RIL’s total PTA capacity will increase to 3.2 million tonnes per annum and its global capacity share will rise to 4 per cent. The energy major also has another PTA plant of similar capacity under construction in Gujarat. Together this will help Reliance become one of the top five PTA producers globally.
Reliance Industries Limited is a leading panelist at the 17th MEAPET (Middle East & Africa PET Markets, Applications & Recycling) on 26-27 January, 2016 in Dubai.
Contact Ms. Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218 for more information.
14 Dec, 2015
Dairy industry is expected to use more PET packaging for milk and milk products, even though short shelf life of fresh milk as well as cold chain infrastructure issues persist.
In India the demand for PET bottle packaging of milk and milk products is growing at a CAGR of 25-30%. Currently, the beverage sector accounts for 60% of PET consumption in India. Liquor and milk is expected to consume 20% of the PET consumption by 2020.
India’s dairy giant Amul is planning to add aseptic lines at its two sites in Gandhinagar and near Godhra. This will help create an additional 1 million bottle per day capacity at two sites leading to Amul’s total bottling capacity touching 2.5 million bpd.
Gujarat Cooperative Milk Marketing Federation (GCMMF) which owns the Amul brand has been the pioneer in introducing aseptic technology in India. GCMMF offers its flavoured milk and certain products in PET bottles already. GCMMF wants to take advantage of PET packaging because it’s handy, comes in multi-serve as well as allows ease of transportation.
Besides GCMMF, there are other dairy producers such as Maharashtra-based Parag Milk Foods that is keen on PET packaging. Parag has already begun a trial for packing liquid milk in PET bottles while its flavoured milk is already available in PET bottles – which is in high demand in metro cities. Meanwhile Parag’s fresh milk brand 'Farm-to-Home' is packaged in PET bottles and available in select cities in India.
PET for dairy presents huge opportunities for companies such as Manjushree Technopack that provides bottling for top beverage companies in the country including Pepsico and Coca Cola.
Manjushree is already working with Parag for PET bottle packaging. It has also invested in a high-speed aseptic line in India worth over $5 million that is aimed to tap the diary market.
In southern parts of India, diaries are using PET packaging for products like ghee.
More on PET for dairy will be discussed at 17th MEAPET (Middle East & Africa PET Markets, Applications & Recycling) on 26-27 January, 2016 in Dubai.
Contact Ms. Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218 for more details.
14 Oct, 2015