The Dow Chemical company’s packaging and specialty plastics business has launched Innate precision packaging resins, a family of resins that will help define new market spaces and create new categories for everything from flexible food packaging to heavy-duty industrial shipping sacks.
Dow created the new resins after considerable analysis of market trends and discussions with brand owners and converters, which helped identify some of today’s most challenging packaging performance gaps.
“Innate resins were developed as a result of many discussions with converters and brand owners and careful analysis of the market trends,” says Diego Donoso, business president for Dow Packaging and Specialty Plastics. “The chemistry behind Innate resins allows customers to create a new standard of performance through a combination of film stiffness, toughness and processability, all from one packaging resin,” adds David Parrillo, global R&D director for Dow Packaging and Specialty Plastics.
“Innate precision packaging resins gives brand owners, retailers and converters what they’re demanding – the ability to create precision combinations that deliver high performing food, consumer and industrial packages,” says Nestorde Mattos, marketing director for Dow Packaging and Specialty Plastics.
The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.
A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has
demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.
As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.
The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.
Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.
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