NEWS
India to boost UAE exports
India’s plastics export promotion council (Plexconcil) has signed an agreement with Al Fajer – the organiser of Arab Plast – to boost trade with the United Arab Emirates (UAE) and the rest of the Middle East. It said that exports of
plastic products from India to UAE reached US$626 million in 2021- 2022. This is about 7% of UAE’s total plastic imports of US$9 billion. “The Middle East – especially UAE – is an important export destina- tion for Indian plastics,” said Hemant Minocha, chairman of Plexconcil. “India has the potential to increase exports to around US$5bn.” Products with good
export potential to UAE include consumer and houseware products, films and sheets, and medical items.
“India is an important
market for UAE and both countries enjoy historically strong trade ties,” said Nadhal Mohamed, general manager of Al Fajer. �
www.plexconcil.org
Plastics associations aim to reduce pellet leakage
Two European plastics associations have launched a certification scheme to prevent pellet loss. Plastics Europe, which
represents resin producers, and EuPC – the association for European plastics converters – say that the certification to Operation Clean Sweep (OCS) will help companies tackle pellet leakage through a series of recommendations and tools. It will set common
minimum requirements (based on the six pillars of the OCS pledge) that will be audited regularly. “The OCS Europe
certification scheme is an important step to further improve the impact of the OCS programme and help our members prevent pellet loss,” said Hervé Millet, director of climate and production, Plastics Europe. The certification scheme was developed with input
from policymakers, certifica- tion bodies and industry – and recommendations from a public consultation. Geoffroy Tillieux, techni-
cal director of EuPC, added: “We can now tackle the issue of pellet loss with a practical toolbox. Compa- nies in plastics masterbatch- ing, compounding and converting can now demon- strate how they prevent environmental pollution.” �
www.opcleansweep.eu
Holcim snaps up Duro-Last
Construction products supplier Holcim has acquired Duro-Last, a US-based manufacturer of roofing systems. This transaction is valued
at nearly US$1.3 billion. With the acquisition, Holcim roofing systems will exceed US$4bn in net sales. Duro-Last’s sales are around US$540 million. Duro-Last is a supplier of custom-fabricated thermo- plastic single-ply roofing systems. It has eight manufacturing locations. “Duro-Last is a perfect
strategic fit for our roofing
Duro-Last is a well-known manufacturer of PVC roofing systems
business,” said Jan Jenisch, CEO of Holcim. “Its propri- etary technologies and lead- ing brands complement our offering in the fast-growing North American market.”
The transaction is subject
to regulatory clearance in the USA and is expected to close by Q2 of this year. �
www.holcim.com �
www.duro-last.com
Constantia buys Polish flexpack supplier
Flexpack giant Constantia Flexibles is to acquire Drukpol Flexo of Poland. Founded in 1992, Drukpol Flexo employs more than 180 people, and has expertise in flexo printing, extru- sion lamination and vertical integra- tion. It mainly supplies domestic food
8 FILM & SHEET EXTRUSION | March 2023
and HPC markets for local and interna- tional customers. It runs two sites near Poland’s capital, Warsaw. Constantia has two sites in the country. “We are delighted to invest in the
growth of our European flexo printing platform whilst reinforcing our success-
ful footprint in Poland,” said Pim Vervaat, CEO of Constantia Flexibles. Terms of the deal have not been disclosed. The acquisition is subject to competition clearance and is expected to be completed in Q2 2023. �
www.cflex.com
www.filmandsheet.com
IMAGE: DURO-LAST
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