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September 2011 | Modern Plastics & Polymers

EDITORIAL

Time to go green!

he recent years narrate a remarkable growth saga of polymer consumption in India. Primarily driven by user categories such as automotive, packaging, construction, agriculture, among others, its growth rate has consistently been double the country’s macro-economic progress barometer of Gross Domestic Product (GDP) rate. Moreover, according to a projection, India is likely to be the world’s third largest market in polymer consumption by as early as the next year! A key question at this juncture is regarding the enablers to further drive the growth of polymers globally. Amid the changing demand dynamics of user industries for high-performance and functional products, those innovative tools and applications, which can not only bring about the desired property and aesthetic elements in polymers, but also are cost-effective, will win the decision-makers’ mindshare in the foreseeable future. As far as the Indian market goes, with rising tech-savviness and quality benchmarks, the impact of this would not be significantly different. At the same time, it is important to analyse the growing footprint of biodegradable polymers among conventional petrochemical-based polymers. Especially in user industries, where eco-compliance is of utmost substance, it is only a matter of time when the former type of polymers gains prominence. With improved mechanical properties, cutting-edge additives and better pricing, the next generation of bioplastics would expand its application portfolio to more demanding areas. An estimation wherein the global bioplastics capacity is pegged to touch the one million tonne milestone by this year end, and to more than double from its 2010 level by 2015, clearly outlines the way forward. Turn to ‘Sector Watch’ for more such insights into the latest developments in polymers.

Editorial Advisory Board A E Ladhabhoy Plastics Technologist

Dr Sushil K Verma Former Director General, CIPET

Moving along this theme of increasingly greener products, flexible packaging has carved a niche for itself owing to its usage of fewer natural resources, less water & energy consumption and reduced gas emissions, thereby offering a lighter package. All these lead to a positive impact on several stakeholders in the value chain, including consumers, retailers, manufacturers of flexible packaging products and, above all, the environment. While the process of substitution of rigid packaging by flexible ones seems to be the way forward, one needs to be alert in ensuring their sustainability. ‘Market Trends’ offers an interesting account of flexible packaging and the need of the hour for the plastics industry.

Dr Swapan K Dhara Regional Technical Head, Basell Polyolefins India Pvt Ltd

Mohan K Jain MD, Indoplast & Past President, AIPMA

Manas R Bastia manas@infomedia18.in

P P Kharas Chairman, Ecoplast

Raman M Patel Chairman, Industrial Products Mfg Co

Vijay Merchant President, Polycraft

September 2011 | Modern Plastics & Polymers

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INVITATION

NEW BUSINESS OPPORTUNITIES

CUT HERE

23 - 26 Sept 2011 Gandhi Park 10 am - 7 pm

(Uttarakhand)

RUDRAPUR

invites you to

Brought to you

Supported By

Compressed Air Partner

Hospitality Partner

Online Media Partners

Exhibitor Proﬁle

Engineering Expo organised by Infomedia18 is one of the engineering industry’s biggest events in country. The 2010-11 edition of Engineering Expo saw business transactions worth over Rs. 161 crores. Launched in Ahmedabad in the year 2002, the event today boasts of a fabulous visitor turnout. The Expo is a preferred destination for SME’s and manufacturing & engineering companies to transact, network, tie-up and exchange ideas for the growth of the industry.

CUT HERE

For Further Details, Call Varsha + 91 98195 52270 Or Email engexpo@infomedia18.in

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Product Inquiry Card

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F A PLE T YOU ETAILS A D H E T TH RED ALL REQUI

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UR O L FIL TH PR OF YO D I S W E R/ SEN MB E A N D U N OIC CH

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09/2011

POSTAGE WILL BE PAID BY ADDRESSEE

Ruby House,1st Floor J K Sawant Marg Dadar (W), Mumbai 400 028 INDIA

Special Projects INFOMEDIA 18 LIMITED

Permit No. 555 Bhavani Shankar Post Office, Mumbai 400 028.

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