Cortec
Biodegradable Eco wrap patter.

Cortec is very excited to receive industrial compostability certification of it’s Eco Wrap stretch film! Cortec received the ‘OK compost INDUSTRIAL’ certificate from TÜV Austria on 24 November. This certifies that Eco Wrap confirms to the criteria for industrial compostability under EN 13432 (European equivalent of ASTM D6400). Eco Wrap is world’s first compostable industrial strength machine grade stretch film launched by the company earlier this year. Considering Cortec’s longtime focus on compostable films and green packaging materials, this is a huge step forward. Eco Wrap users can benefit from material/waste reduction in many ways. Most applications requiring three wraps of standard film can use two wraps of Eco Wrap without sacrificing strength or protection.  Eco Wrap is  certified industrially compostable by TÜV Austria (#TA8012106218) and  meets EN 13432/ASTM D6400 standard for commercial composting.

Cortec
Biodegradation of Eco Wrap lasts upto 10 weeks.

This green packaging solution may allow its users to avoid tariffs, fines, and tip fees in areas where polyethylene is prohibited or restricted. Eco Wrap is shelf and curb stable and will retain its integrity until disposed of properly.  The latest formula of Eco-Wrap uses a certified compostable resin plus a tackifier additive to make an industrial strength compostable stretch wrap that can be used on most standard automated stretch wrap equipment. This is a breakthrough for the industrial packaging and warehousing industries which rely heavily on automated stretch wrapping to prepare pallets of goods for storage, inventory, or shipment.

Eco Wrap can be used in numerous applications where conventional stretch film is needed, such as – Cortec

  • Agriculture bundling ( hay bales and lumber)
  • Corralling of goods for storage and shipment
  • Pallet wrapping
  • Luggage wrapping at airports
  • Packaging construction materials
  • Transporting furniture

Eco Wrap is extremely elastic and works on most existing automated machines. The film is easily applied by adjusting the tension. By opting for Eco Wrap, users can improve their environmental image while getting the necessary packaging job done. 

Development of Eco Wrap is huge step toward making commercially compostable packaging more versatile and widely available around the world. This compost certification of Eco Wrap and is a breakthrough after many years in development, making this compostable machine grade stretch wrap a viable option for use in countless industrial applications. Eco Wrap is available from Cortec’s European plant, EcoCortec located in Croatia and North American film production base, Cortec Advanced Films.

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As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are growing similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

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