Extrusion International USA 1-2019

30 Extrusion International 1/2019 INDUSTRY NEWS Biopolymer Films Market Value The food & beverage segment led the global biopolymer films market end-user base in 2017. Escalating packaged food demand, particularly due to increasing per capita in- come, along with growing number of working populations across the globe will boost industry size. For instance, pack- aging products from biopolymers films are used in the pack- aging of fresh food, tetra packs, dry snacks, bakery goods, juice bottles, and meat trays along with coatings for bever- age cups, films, and card stock. Global Biopolymer Films Market will surpass USD 6.7 billion by 2025, according to a new research report by Global Mar- ket Insights, Inc. The overall market size is majorly driven by increasing demand for eco-friendly packaging among con- sumers. This has urged plastic manufacturers and packaging vendors to shift their focus toward biopolymer packaging and implement strategies for its branding and customer ac- quisition in coming years. This shift towards organic packag- ing of premium food items, medicines, and other consumer goods will propel the overall market growth. Furthermore, establishment of edible biopolymer films in the food market will complement the overall industry share over the estimat- ed timeframe. Global Market Insights www.gminsights.com Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/205 Toray Plastics (America), Inc www.toraytpa.com/ Expansion of OPP FilmManufacturing Toray Plastics (America) announced that it is invest- ing in a new, state-of-the-art 8.7 meter polypropyl- ene film line. The expenditure marks the next phase of Toray’s multi-year strategic plan, begun in 2016, to expand and automate production capabilities in order to meet customer demand and maintain its leadership position. The new capacity is targeted for packaging, label, medical, and industrial applications. Toray antici- pates start-up in 2020. “Toray’s commitment to our customers is unwavering, and this expansion continues our path of innovation and growth,” says Christopher Roy, Senior Vice President and General Manager, Torayfan ® Division. Roy notes that this expansion project features the construction of a new building to house the OPP equipment. Previously completed projects include the construction of a second cogeneration system, automation throughout the plant, including a fully automated packaging line, and the con- struction of a 28,800-square-foot facility to house a new, high-speed 4.5-meter metallizer.. Toray Plastics (America) is investing in a state-of-the-art 8.7 meter OPP film line and constructing a new building to house the equipment