Samples will be available in October 2014 to new packaging markets
Sekisui Chemical Co., Ltd. (whose president is Naofumi Negishi)’s High Performance
Plastics Company (whose president is Keita Kato) has developed a harsh chemical
resistant water-soluble film based on our unique PVOH resin and formulation
technology.
Using this film will reduce wasted packaging materials
and enable the easy and safe handling of chemicals that require caution when
handled. Samples of the film will be available as soon as preparations are
complete, with the goal launch date being October 2014. We are planning to
target new Japanese and overseas packaging markets such as disinfection, sterilization,
pesticides, and chemicals, etc., that make use of the unique harsh chemical
resistance characteristics (halide chemicals in particular).
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Image of potential packaging options with new water-soluble film |
1. Background to the Development
Sekisui Chemical's group vision is to advance the frontiers of the social/housing
infrastructure and chemical solutions. We aim to supply plastic products that
provide our customers safety and peace of mind in the fields of buildings, infrastructure,
and life sciences. Since its founding in 1947, Sekisui Chemical has been producing
cellophane tape and other film products. We are experts in high-performance
film products in a wide variety of fields such as electronics, automobiles and
transportation, packaging, and agriculture.
In July 2009, Sekisui Chemicals bought a PVOH resins business from the Celanese
Corporation in America with the aim of assuring the stability of raw materials
for interlayer films in laminated glass. We have been focused on expanding into
markets beyond interlayer film applications under the "SELVOL" brand
since 2011.
For more information about "SELVOL", visit http://www.sekisui-sc.com/ .
2. Future Business Development
Progress towards production continues with the aim of launching product sales in FY2015. Sales will mainly be supervised by the Sekisui Chemical High Performance Plastics Company and the Group's Sekisui Film Co., Ltd. (whose President is Takeshi Inoue). Markets will be cultivated both in Japan and overseas.
Disclaimer
This press release may contain forward-looking statements. Such forward-looking statements are based on current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements due to changes in global economic, business, competitive market and regulatory factors.