ShengdaTech Inc. a leading manufacturer of
nano-precipitated calcium carbonate and coal-based chemical
products in the People's Republic of China, today announced it has
successfully developed a new NPCC product for use in polyethylene (PE)
plastic products.
After more than a year of collaboration with Peter's
Polyethylene Industries Pte., Ltd. ("Peter's Polyethylene"), the
largest plastic manufacturer in Singapore, ShengdaTech is launching
NPCC for use in PE products. PE is a highly attractive
plastic as it is the most versatile of all plastics and frequently used
in consumer products. Common end uses of PE range from
plastic bags, shrink wrap for plastic drink bottles, food packaging and
drink containers. The use of NPCC in PE products significantly improves
the mechanical property of the synthetic plastic, increases its
heat-resistant capability and reduces the quantity of heat of
combustion and secondary pollution. It can also enhance the
PE's printing quality and surface smoothness. Moreover, the
inclusion of NPCC in PE products reduces the amount of polyethylene
needed thereby reducing the overall cost of raw materials. According to
Univation Technologies, global PE consumption is expected to be 87.4
million metric tons by the year 2010 as global demand for PE is
expected to grow at a 4.4% CAGR.
"We are excited with the breakthrough of our NPCC application
for use in PE products. This is a major development in our
efforts to expand NPCC for use in other plastic applications beyond
PVC," commented Mr. Chen, CEO of ShengdaTech. "Our progress
on the application of NPCC for PE products not only opens the door for
new market opportunities, but also expands our efforts in developing
our overseas penetration. More importantly, we believe the Asian region
will be the world center for polyethylene growth."
Peter Polyethylene is initially incorporating NPCC in its
PE-injection plastic products such as plastic barrels for industrial
use and polypropylene film. ShengdaTech and Peter
Polyethylene continue to collaborate on R&D of NPCC for use in
PE for a variety of polyethylene products.