{"id":7168,"date":"2022-11-22T14:38:41","date_gmt":"2022-11-22T14:38:41","guid":{"rendered":"https:\/\/cpmirror.com\/?p=7168"},"modified":"2022-11-23T11:51:23","modified_gmt":"2022-11-23T11:51:23","slug":"sabic-launches-value-chain-partnership-with-jinming-and-bolsas-to-foster-innovative-flexible-film-packaging-solutions","status":"publish","type":"post","link":"https:\/\/cpmirror.com\/index.php\/2022\/11\/22\/sabic-launches-value-chain-partnership-with-jinming-and-bolsas-to-foster-innovative-flexible-film-packaging-solutions\/","title":{"rendered":"SABIC launches value chain partnership with Jinming and Bolsas to foster innovative flexible film packaging solutions"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><strong>SABIC\u2019s close collaboration with Guangdong Jinming Machinery Co., Ltd., and Bolsas de los Altos will focus on application development activities for flexible packaging<\/strong><\/li>\n\n\n\n<li><strong>The collaborative efforts will augment SABIC\u2019s position in the Americas as a polyethylene resin supplier with local production capabilities<\/strong><\/li>\n<\/ul>\n\n\n\n<p>SABIC, a global leader in the chemicals industry, has teamed up with Guangdong Jinming Machinery Co., Ltd., a plastic packaging equipment manufacturer and Bolsas de los Altos, a leading plastic film and packaging converter to support growth of polyolefin based innovative applications in the flexible packaging segment. Engagement with value chain players remains critical to SABIC\u2019s vision of bringing market driven innovation to customers. By exchanging mutual expertise on polymer technology and processing, this collaboration will secure the development of a robust applications pipeline based on current and future market trends.<\/p>\n\n\n\n<p>Sustainability trends continue to transform the flexible packaging industry. As a result, incumbent film structures need to be updated to conform to latest circularity needs. A partnership involving SABIC\u2019s deep materials knowledge, Jinming\u2019s equipment manufacturing excellence and Bolsas\u2019 converting capabilities can address these challenges. The collaboration will provide an outlet to test and validate performance of SABIC polyolefin resin products including polyethylene resin offerings from Gulf Coast Growth Ventures (GCGV) and from&nbsp;<a href=\"https:\/\/www.sabic.com\/en\/sustainability\/circular-economy\/trucircle-portfolio-and-services\" target=\"_blank\" rel=\"noreferrer noopener\">TRUCIRCLE<sup>\u2122<\/sup><\/a>, SABIC\u2019s commitment to circularity for plastics. The collaborative efforts will feature installation of Jinming\u2019s multilayer coextrusion machinery at Bolsas\u2019 Mexico facility.<\/p>\n\n\n\n<p>Waleed Al-Shalfan, Vice President Polymers Technology &amp; Innovation at SABIC, said: \u201cAt SABIC, we continue to invest in market driven innovation to deliver value added solutions to our customers. We understand that partnerships with the right value chain players have the potential to bring newer, game changing innovations to the market faster. The current partnership with Jinming and Bolsas holds great promise to tap into mutual capabilities and adapt global trends in flexible packaging applications to regional needs.\u201d<\/p>\n\n\n\n<p>Mars Ma, General Manager of Jinming, commented: \u201cIt\u2019s a great milestone to sign off this MOU which officially kicks-off the strategic collaborations among the 3 parties. It\u2019s an excellent example of value chain collaboration. We are glad to work together with SABIC and Bolsas to address market needs via innovative solutions.\u201d<\/p>\n\n\n\n<p>Guillermo Lopez Orozco, Founder and CEO of Bolsas de los Altos, added: \u201cAs a leading provider of plastic packaging, Bolsas de los Altos is excited to expand into the broader flexible packaging market. Flexible packaging has shown remarkable resilience in a market disrupted by a global pandemic and supply chain issues. The installation of multilayer coextrusion equipment at our Mexico facility was made possible through our collaborative partnership with Jinming and SABIC, and will allow us to target several new applications including long term sustainability trends in this space.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SABIC, a global leader in the chemicals industry, has teamed up with Guangdong Jinming Machinery Co., Ltd., a plastic packaging equipment manufacturer and Bolsas de los Altos, a leading plastic film and packaging converter to support growth of polyolefin based innovative applications in the flexible packaging segment. Engagement with value chain players remains critical to<\/p>\n","protected":false},"author":1,"featured_media":7169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98,67],"tags":[484],"class_list":{"0":"post-7168","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-finance","8":"category-flexible-packaging","9":"tag-sabic"},"_links":{"self":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/7168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/comments?post=7168"}],"version-history":[{"count":1,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/7168\/revisions"}],"predecessor-version":[{"id":7170,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/7168\/revisions\/7170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media\/7169"}],"wp:attachment":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media?parent=7168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/categories?post=7168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/tags?post=7168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}