17 November 2011 -- The Pakistan Credit Rating Agency (PACRA) said it had confirmed the long-term entity rating of A+ and short-term entity rating of A1 on Pakistani biaxially-oriented polypropylene
films maker Tri-Pack Films Ltd.
Further, the process needed to be applicable to a broad range of ISBM bottle polymers including polyethylene terephalate (PET), high-density polyethylene (HDPE), biaxially-oriented polypropylene
(BOPP), polylactic acid (PLA) and others.
PT, TKN is a producer of plastic sheet wrapper and plastic films known as biaxially-oriented polypropylene
Garware joins US company Toray plastics in producing an embossable PET, and Applied Extrusion Technologies (AET) which produces a biaxially-oriented polypropylene
at its plant in Quebec, Canada.
PropaLid is a biaxially-oriented polypropylene
(BOPP) film which allows an easy-peel seal to APET, CPET or PVC sandwich packs for an extended shelf life, says the company.
In the year ahead, demand for polyethylene (PE) and PP is forecast to grow in double digits in 2011, with some grades, such as biaxially-oriented polypropylene
(BOPP) film for packaging, non-woven PP and pipe grade PE expected to grow by more than 20%.