25 May 2007 14:38 [Source: ICIS news]
The company has a contract manufacturing agreement with the world’s largest EPS producer Loyal Group to carry out finishing steps in
“We supply the raw materials for ARCEL to the
NOVA was bullish on the demand of its product in
ARCEL, which contains 70% EPS and 30% PE, is being used for packaging products from Dell, Samsung, Lenovo and HP.
“I recently visited a brand owner, a TV producer, and he told me margins for plasma TVs are really coming down and they realised the best way … to increase margins is to use ARCEL and get the logistics savings back,” Wong said.
“They are able to increase their loadings by 50% in a container by switching to ARCEL from EPS.”
The company also has engineers to work with customers and original equipment manufacturers (OEMs) to optimise their packaging, Wong said.
He added that the product was also able to provide better cushioning than EPS and can be recycled in the PS stream.
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