Glycol Modified Poly Ethylene Terephthalate (PETG) Resin

PETG resins are thermoplastic polyester engineering resins .PETG  is  sort  of  plastic  without  nitrogen,  sulphur  and  halogen  components and without the need for stabilisers and plasticisers. PETG meets the needs of the consumers by having heavy gauge sheet for a  higher  clarity  resin  to  be  less  expensive,  than  polycarbonate  and significantly tougher than polymethyl methacrylate (PMMA). Two monomers, modified ethylene glycol and purified terephthalic acid are combined to form the polymer called polyethylene terephthalate. PET was discovered and patented in England in 1941. PET is the Most Widely Recycled Plastic in the World.

Physical Properties.

·         Appearance                     :                  Colorless solid pellet

·         Boiling Point                             :                  Not applicable

·         Softening Point                :                  Greater than 82℃

·         Specific Gravity               :                  1.27 / 23℃

·         Solubility in Water          :                  Negligible

·         Odor                               :                  No apparent odor.

·         Vapor Pressure (at 20¡E)  :                  Negligible

·         pH                                  :                  Not applicable

Applications

·         Besides  packaging,  PETG  is  also  used  in  thick  sheets  for  various  applications, particularly signs and displays and for credit cards.

·         PETG is used for the credit cards.  PETG credit cards should become increasingly popular, due to its environmental properties, durability and ease of use.

·         It is applied in packaging of food and cosmetics like Perfumes caps, Cosmetics cream jars, Cosmetics bottles, Nail enamels, Lip glosses and Mascaras.

·         PETG fluorescent resin matrix can be used to enhance daytime visibility of a roadway marker.

·         Specialty plastic materials, including PETG copolyesters and cellulosic polymers, have been used in machine guards and shielding for many years. These materials are versatile, easily handled and exhibit the remarkable toughness and strength required for guards and shielding.

Characteristics:

·         Clarity – clear transparent (glass-like)

·         Strength – copolymerization keeps it from crystallizing and reduces cracking

·         Resistance to heat – heats fast and stretches well

·         Expensive material often “co-extruded”

Adverse effects of PETG resins

Glycol-modified polyethylene terephthalate (PETG), and polystyrene (PS)) leach endocrine disrupting chemicals that most commonly exhibit estrogenic activity (EA). BPA is only one of many hundreds of chemicals having EA or anti- EA used to manufacture HC plastic products. Chemicals having EA or anti-EA have been reported to have significant adverse effects on many behavioral and physiological processes such as sperm counts, uterine and ovarian functions, aggressive behaviors, and some types of cancers. These adverse effects sometimes occur at very low (picomolar to nanomolar) concentrations, especially on fetal or developing mammals (including humans). Products produced from these resins represent the best commercial opportunity, and the greatest potential reduction in chemicals having EA.

PETG  has  a  tendency  to  absorb  atmospheric  moisture,  which  cause  degradation during  processing.  This  results  in  decrease  of  molecular  weight  of  the  resin  and  in reduced properties of the final products. In  order  to  avoid  this  degradation,  PETG  should  be  sufficiently  dried  before processing.

Processing method

PETG  can  be  processed  through  traditional  methods  such  as  extrusion  moulding, injection moulding, blow moulding, suction moulding and profile extrusion. PETG has good secondary processing behavior and no additives need to be added in processing.

Leading Markets of PETG

Worldwide demand for PETG is estimated at 0.2 million metric tons per annum .The consumption of PETG in China is around 30000 metric tons a year. The use of PTEG is increasing in given fields.

·         Construction

·         Food & Beverage

·         Manufacturing

·         Medical

·         Packaging

·         Point-of-Purchase / Displays

·         Retail

·         Thermoforming

          PETG  is  produced  by  Eastman  at  Hartlepool  in  the  UK,  at  Kingsport, TN  in  the  USA and at Gebeng in Malaysia. Eastman  Chemical,  produces  under  the  brand  name  Spectar  (the  grade  for  thick sheet) and Eastar (the general grade).

Liaoyang Petrochemical Cooperation Limited   in China started up of its 100 kilo ton per annum PETG pilot project in October 2012. SK  Chemical  in  Korea,  produces  a  glycol  modified  PET,  under  the  trade  name Skygreen mainly sold in Japan.

          Bonset America Corporation is going to introduce new production line which will be the first glycol-modified polyester (PETG) shrinkable film manufacturing line in South American continent and be up in stream in 2014. The production capacity of new PETG film production facility is in excess of the currently anticipated market demand in South America for next several years. The company has opened its manufacturing facility in Canelones, Uruguay in December, 2012 as the very first high quality heat shrinkable manufacturer in South America with one PVC heat shrink able film production line.

          Recycling of PET is gaining importance in the PET supply chain. Currently, more than two-thirds of recovered PET is used in textile applications, whereas bottles and sheets represent less than one-third of recycled product. Most of recycled PET is sourced from bottle and fiber scrap recycling and goes into end uses such as polyester staple and fiberfill (60–70%), strapping and bottles. China is the major world supplier of recycled PET, followed by Europe. During the next five years, production of recycled PET is expected to increase at an average annual rate of 12%.

How Niir Project Consultancy Services (NPCS) can be helpful:-

NPCS can provide project consultancy services to any budding entrepreneur, who wants to get knowledge on Manufacturing of Glycol Modified Poly Ethylene Terephthalate (PETG) Resin and its market growth. Consultancy can provide the complete report covering topics like Plant Economics, Production Schedule, Land & Building, Site Development Expenses, and Working Capital Requirement etc.

NPCS Project Consultancy Services helps in establishing business prospective in Manufacturing of Glycol Modified Poly Ethylene Terephthalate (PETG) Resin. Detailed project report can be modified as per requirement of cost and capacity of the project. Our consultancy has a state-of-the-art experience in preparing projects report on different subjects as per need.

Detailed project report contains:

·         Introduction

·         Properties

·         BIS (Bureau of Indian Standard) Specifications & Requirements

·         Uses & Applications

·         Present Indian Market Position

·         Expected Future Demand

·         Export & Import Statistics Data

·         Names and Addresses of Existing Units (Present Manufactures)

·         List of Plant & Machineries

·         Miscellaneous Items and Accessories

·         Instruments, Laboratory Equipments and Accessories

·         Electrification, Electric Load and Water

·         Maintenance, Suppliers/Manufacturers of Plant and Machineries

·         Process of Manufacture

·         Flow Sheet Diagram

·         List of Raw Materials

·         Availability of Raw Materials

·         Requirement of Staff & Labour

·         Personnel Management

·         Skilled & Unskilled Labour

·         Requirement of Land Area

·         Built up Area

·         Plant Layout.

Along with financial details as under:

•        Assumptions for Profitability workings

•        Plant Economics

•        Production Schedule

•        Land & Building

Factory Land & Building

Site Development Expenses

•        Plant & Machinery

Indigenous Machineries

Other Machineries (Miscellaneous, Laboratory etc.)

•        Other Fixed Assets

Furniture & Fixtures

Pre-operative and Preliminary Expenses

Technical Knowhow

Provision of Contingencies

•        Working Capital Requirement Per Month

Raw Material

Packing Material

Lab & ETP Chemical Cost

Consumable Store

•        Overheads Required Per Month And Per Annum

Utilities & Overheads (Power, Water and Fuel Expenses etc.)

Royalty and Other Charges

Selling and Distribution Expenses

•        Salary and Wages

•        Turnover Per Annum

•        Share Capital

Equity Capital

Preference Share Capital

•        Annexure 1          ::        Cost of Project and Means of Finance

•        Annexure 2          ::        Profitability and Net Cash Accruals

Revenue/Income/Realization

Expenses/Cost of Products/Services/Items

Gross Profit

Financial Charges    

Total Cost of Sales

Net Profit After Taxes

Net Cash Accruals

•        Annexure 3                    ::        Assessment of Working Capital requirements

Current Assets

Gross Working. Capital

Current Liabilities

Net Working Capital

Working Note for Calculation of Work-in-process

•        Annexure 4                    ::        Sources and Disposition of Funds

•        Annexure 5                    ::        Projected Balance Sheets

ROI (Average of Fixed Assets)

RONW (Average of Share Capital)

ROI (Average of Total Assets)

•        Annexure 6                    ::        Profitability ratios

D.S.C.R

Earnings Per Share (EPS)

Debt Equity Ratio

•        Annexure 7                    ::        Break-Even Analysis

Variable Cost & Expenses

Semi-Var./Semi-Fixed Exp.

Profit Volume Ratio (PVR)

Fixed Expenses / Cost 

B.E.P

•        Annexure 8 to 11 ::        Sensitivity Analysis-Price/Volume

Resultant N.P.B.T

Resultant D.S.C.R

Resultant PV Ratio

Resultant DER

Resultant ROI

Resultant BEP

•        Annexure 12        ::        Shareholding Pattern and Stake Status

Equity Capital

Preference Share Capital

•        Annexure 13        ::        Quantitative Details-Output/Sales/Stocks

Determined Capacity P.A of Products/Services

Achievable Efficiency/Yield % of Products/Services/Items 

Net Usable Load/Capacity of Products/Services/Items   

Expected Sales/ Revenue/ Income of Products/ Services/ Items   

•        Annexure 14        ::        Product wise domestic Sales Realization

•        Annexure 15        ::        Total Raw Material Cost

•        Annexure 16        ::        Raw Material Cost per unit

•        Annexure 17        ::        Total Lab & ETP Chemical Cost

•        Annexure 18        ::        Consumables, Store etc.,

•        Annexure 19        ::        Packing Material Cost

•        Annexure 20        ::        Packing Material Cost Per Unit

•        Annexure 21        ::        Employees Expenses

•        Annexure 22        ::        Fuel Expenses

•        Annexure 23        ::        Power/Electricity Expenses

•        Annexure 24        ::        Royalty & Other Charges

•        Annexure 25        ::        Repairs & Maintenance Exp.

•        Annexure 26        ::        Other Mfg. Expenses

•        Annexure 27        ::        Administration Expenses

•        Annexure 28        ::        Selling Expenses

•        Annexure 29        ::        Depreciation Charges – as per Books (Total)

•        Annexure 30        ::        Depreciation Charges – as per Books (P & M)

•        Annexure 31        ::        Depreciation Charges - As per IT Act WDV (Total)

•        Annexure 32        ::        Depreciation Charges - As per IT Act WDV (P & M)

•        Annexure 33        ::        Interest and Repayment - Term Loans

•        Annexure 34        ::        Tax on Profits

•        Annexure 35        ::        Projected Pay-Back Period And IRR

In order to get consultancy services for Manufacturing of Glycol Modified Poly Ethylene Terephthalate (PETG) Resin and to have a view in market growth of the product, you may contact Niir project Consultancy Services that offers every bit of information regarding subject.