LyondellBasell and Zhengxin Packaging to Advance Heat Shrink Film Technology
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| New product launch ceremony |
LyondellBasell (LYB), a chemical innovation company, and Zhengxin Packaging Co. Ltd, renowned for its expertise in producing PE (polyethylene) heat shrink film, have announced a collaboration to advance heat shrink film technology that is used for beverage bottles and tetra pack packaging. The new high-performance packaging solution utilizes LYB CirculenRecover PE sourced from post-consumer plastic waste. With recycled content potentially reaching up to 60% in heat shrink film, the collaboration offers one of the highest ratios in the industry, providing a compelling, sustainable solution.
The collaboration between both companies comes at a critical time when the demand for more sustainable packaging materials is on the rise. Leveraging cutting-edge LyondellBasell technology and Zhengxin’s extensive experience in film production, the collaboration addresses the challenges associated with traditional heat shrink films by improving performance stability while embracing sustainable practices through the incorporation of recycled content.
"At LyondellBasell, we are committed to driving innovation and sustainability across industries," said Limin Fu, VP Joint Venture Management & Polyolefins China at LyondellBasell. "Our collaboration with Zhengxin marks a significant milestone in our journey towards providing more sustainable solutions to conventional packaging materials.”
As an industry leader, Zhengxin has already spearheaded the commercialization of the heat shrink film product incorporating CirculenRecover PE, with several successful cases demonstrating their efficacy in real-world applications.
