Düsseldorf - October 29, 2010
Styron, a global materials company, today announced the launch of CO2RE™, a patented foaming technology aimed at helping the dairy packaging and food service industries reduce raw material consumption in packaging.
Reduced Material Consumption
The technology allows converters to produce polystyrene sheet with a foamed core layer using physical blowing agents. Styron internal tests using CO2RE foaming technology illustrate significant total density reductions of up to 20% with the potential to reduce density even further.
More Value for the Entire Supply Chain
By reducing polystyrene packaging density, CO2RE foaming technology results in light weighting of packaging which benefits the entire value chain: converters use less raw material and energy to produce the packaging, while brand owners benefit from a lower packaging waste disposable tax. The lower the density, the higher the value extracted with CO2RE foaming technology.
Convenient Implementation and Flexibility of Supply
Styron's CO2RE foaming technology is available to license globally and can be implemented on existing lines at low cost. Although CO2RE foaming technology was designed around the leading STYRON A-TECH™ polystyrene resins, it also performs with other polystyrene resins - flexibility has been built into the license agreement in order for customers to maintain different sourcing options.
Australian Case Study
REMA Industries and Services (RIS), an Australian packaging and food service company, is one of the converters currently implementing CO2RE™ foaming technology. On September 28, 2010, REMA began installation of CO2RE on its extrusion line for food service products, successfully starting up the first extrusion line equipped with the foaming technology on October 20, 2010.
Peter Whatson, Managing Director of REMA explains why the business adopted the new technology: "We're excited about the prospects of introducing the CO2RE technology into our products: not only will it benefit REMA by giving us greater margins, it will also benefit our customers because we will be able to pass on a lot of the savings that we have been able to benefit from. It is going to be a win-win for ourselves and our customers."
"This exciting technology demonstrates Styron's commitment to stay close to its customers in order to help them meet future trends in the plastic packaging market," says John Case, Global Market Manager for Packaging at Styron. "CO2RE foaming technology improves the performance/cost balance of rigid food packaging within the whole supply chain and helps reduce packaging waste. This technology is yet another example of how we continuously look for opportunities to work together with our customers to develop innovative solutions that could help them succeed in their marketplace."
Styron experts are available to assist customers in the implementation phase of the new technology to help support a successful start-up.
For more information about Styron's CO2RE™ foaming technology, please go to http://www.styron.com/industries/packaging.htm
About Styron
Styron is a leading global materials company, dedicated to innovate and deliver for its customers. Styron's unique and balanced product portfolio brings together plastics, rubber and latex businesses that share feedstocks, operations, customers and end users. Styron has a leadership position in its two flagship products, polystyrene and latex. The company benefits from global scale, a long-standing tradition of unrivaled customer relationships and a robust innovation pipeline. Styron has approximately $5 billion in revenue (2010), with 20 manufacturing sites in all geographies. Styron's 2,100 employees are committed to listen to customers' needs and provide them with innovative and sustainable solutions in markets such as appliances, automotive, building & construction, carpet, commercial transportation, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. More information about Styron can be found at www.styron.com.
Legal Disclaimer
The information provided in the above report contains "forward-looking statements". The forward-looking statements rely on a number of uncertainties or other factors which are out of Styron's control. Styron does not undertake to update or revise any of the forward-looking statements.
The technical descriptions and information provided in the above report are not legally binding. The quality of our products will be specified in individual contracts with our customers. Unless otherwise explicitly agreed, the official product specification shall prevail in the form published from time to time.
For Editorial Information:
Philipp Zimmermann
Styron Europe GmbH
Horgen
+41 44 728 32 45
Nicholas Courant
Porter Novelli
+32 02 413 03 40
nicholas.courant@porternovelli.be
Samantha Nierman
Porter Novelli
+1 312 856 8814
Samantha.nierman@porternovelli.com