Roto Molding Indusdtry Feasibility Study

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  • 8/13/2019 Roto Molding Indusdtry Feasibility Study

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    While solid data on the industry is hard to find, organizers of the 2009 China Rotomolding Conference,held Sept. 14-15 in Wenzhou, Zhejiang province, estimate resin consumption will grow 20 percentannually for the next five years, from a base of about 50,000 metric tons now (110.2 million pounds).

    Luo Hongyu , general manager of one of China’s largest rotomolding firms, Cixi Deshun Container Co.Ltd. in Ningbo, Zhejiang province, said China’s industry would like more foreign involvement.“In recent

    years Chinese rotomolders have developed fast, and we think now is the time to invest,” he said. “Wewant a chance to cooperate with foreign factories.” Chinese rotomolders have made good investments inimproving design and the industry has developed quickly and can meet some of the domestic needs.

    Bioplastics A new market study published jointly by European Bioplastics and the European Polysaccharide Networkof Excellence (EPNOE) at Utrecht University estimates it is technically possible to replace up to 90percent of today’s polymer consumption with bio-based alternatives.

    The authors of the Project Overview and Market Prediction of Emerging Bio-Based Polymers Studyemphasize, however, that this is a technical judgment and not a market prediction.

    "Bio-based plastics will not substitute oil-based polymers in the near future for several reasons includinglow oil price, high production cost and restricted production capacity of biomass-based polymers", saidPatrick Navard, chairman of the governing board of EPNOE.

    The study’s authors point out that the bio-based plastics industry must also address the poor performanceof some bio-based materials as well as limiting agricultural land usage to avoid competition with foodproduction and a resulting negative impact on biodiversity and the environment.

    The study considers bio-based polymers such as cellulose and polylactic acid as well as starch-basedblends and the newly emerging bio-based versions of conventional polymers such as polyethylene,polypropylene, PVC, PET, and nylon.

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    The report calculates that, based on recent company announcements, the production capacity of thesebio-based plastics would be expected to reach around 2.3 million metric tonnes by 2013, up from 360,000metric tonnes in 2007. However, the financial crisis means several key projects have been delayed.

    European Bioplastics managing director Hasso van Pogrell said: "We should keep a close eye on thesefigures. Important major projects were delayed in the years 2008 and 2009 due to the financial and

    economic crisis.”