Dragon International to Build Packaging Plant in China
Oct 5, 2006 - Dragon International Group said that has it plans to build a new manufacturing facility which will be utilized to make new packaging products developed through the use of nanotechnologies.
Using patent-pending technologies, Dragon will establish a production capability of 3,000 tons of high isolation, alto-extruded, multilayer film and sheet packaging material.
The Chinese pharmaceutical packaging industry has grown approximately $2 billion in annual sales with more than 10% annual growth rate. Major forms of pharmaceutical plastic packaging are plastic bottles, blister packaging, strip, and bag. All of the above forms account for more than 95% of packaged drugs. According to the industry statistics, the demand of PVDC and PVC/PVDC, PVC/PE compound materials in the Chinese marketplace was more than 60,000 tons per year in 2005.
Additional advantages of the newly developed products include being recyclable and reduction in waste emissions to protect the environment, Dragon said.
The new packaging material shows better isolation of water and oxygen, while also showing good resistance to oil, medicine, and the other solvents, Dragon added.
Dragon International Group Corp. is one of China's leading manufacturers and distributors of specialty paper products and packaging materials.
SOURCE: Dragon International Group Corp.