NEWS
Schur Flexibles buys Termoplast of Italy
Schur Flexibles has further expanded by acquiring Italian film extruder Termoplast.
Schur buy 100% of the shares in
Termoplast, though the current owners – Salvino and Sandro Barnini – will remain as managing directors to ensure continuity. The purchase price has not been revealed. The transaction was finalised at the end of June 2021. “Termoplast is a perfect fit for us,” said Michael Schernthaner, CEO of Schur Flexibles. “Its entire production process is geared towards sustainabil- ity. We look forward to growing together in Italy as well as in our existing markets.” Termoplast’s facility in Gambassi
Terme/Florence has a production area of 26,500 sq m. Its portfolio includes sealable, barrier and high-barrier films as well as peelable and re-closable films. Its MDO-PE films have a low material thickness and good barrier and processing qualities. The company has customers in the industrial, food, medical and
Schernthaner: “Termoplast is a perfect fit for Schur Flexibles”
IMAGE: SCHUR FLEXIBLES
pharmaceutical sectors. With around 100 employees,
Termoplast reported a revenue of around €50 million (US$59m) in 2020, and produced an average of 28,000 tonnes of film per year. All waste from the company’s own production opera- tions is recycled in line with its ‘zero waste’ strategy. Plastic waste from the local region is also prepared for further processing by Termoplast’s own recycling company. �
www.schurflexibles.com
Covid causes 5% dip in European plastics output
Plastics production in Europe fell in 2020 as a result of the pandemic. Plastics Europe, which represents
European resin producers, said its production fell to 55 million tonnes in 2020 – a decline of around 5%. This took Europe’s overall market share from 16% to 15%. At the same time, China’s production rose (so that it now accounts for 32% of production), and North America’s remained stable at 19% of global production. World- wide plastics production reached about 367m tonnes, a decrease of 0.3% compared to 2019.
www.filmandsheet.com Plastics Europe added that
European demand fell to 48m tonnes – a dip of 5%, and the lowest figure since 2014. The lower demand was driven by a decline in packaging and automotive production. The amount of plastic used in packaging fell by 2.5% (around 0.5m tonnes), due mainly to the decline in commercial and industrial packaging. Consumer packaging remained stable in 2020. Early estimates of the building and construction sector show that the plastic demand here remained stable. �
www.plasticseurope.org
STRETCHING THE LIMITS
BOPE packaging for our future sustainability
Multi-layer mono-structures
Superior film properties Dedicated line concept
Perfect match with the circular economy
www.brueckner.com July/August 2021 | FILM & SHEET EXTRUSION 11
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