HOUSTON, Dec. 16, 2014 /PRNewswire/ -- Dorf Ketal Speciality Catalysts, LLC - Tyzor® ACtivate™ PET catalyst improves the resin producer's position in the value chain by increasing profitability on a per metric ton basis and delivering a differentiated PET resin. This message was delivered by Dorf Ketal to resin producers, converters and brand owners through new technology forums conducted as part of sponsorships to ICIS PET Value Chain conferences in Amsterdam, The Netherlands, Miami, FL, USA and Singapore.
"We saw major themes emerge from discussions with producers, converters and brand owners across the regions," said Ralph Wagner, Director of Marketing and Business Development for Dorf Ketal. "Commoditization of PET resin is increasing. Excess resin production capacity and a continued shift in power to buyers and specifiers of PET resin are two factors driving this commoditization. PET commoditization is then accelerated by the PET producers' reduced appetite for innovation. Commercializing a new resin requires significant investment and producers are not going to invest in innovation if they won't be paid for it."
"PET resins producers are faced with tremendous challenges to maintain or even achieve profitability," said Andrea Smith, Technical Marketing Manager for Dorf Ketal. "Tyzor ACtivate catalyst technology can improve their profitability per metric ton PET and produce a differentiated PET resin for their customers. Enhanced resin performance is attributed to changes in the temperature of crystallization on the heat up and cool down curves for resins catalyzed with ACtivate. This translates into reduced molding cycle times for bottle preforms and increased light weighting for Hot Fill bottles."
"Chinese resin producers and specialty resin and film producers in Europe and North America have accelerated evaluation programs to utilize this technology," said John McChesney, Global General Manager for Dorf Ketal. "Converters see the value and are aggressively evaluating how they can bring this technology into their product development plans. We are optimistic that ACtivate PET catalysts technology will increase PET profitability across the PET value chain."
About Dorf Ketal
Dorf Ketal Speciality Catalysts LLC, based in Houston, TX is a wholly owned subsidiary Dorf Ketal Chemicals LLC. Dorf Ketal (I) Pvt. Ltd. (www.dorfketal.com) is a privately owned specialty chemical company based in Mumbai, India with operations in the Asia Pacific, the EU, South America and the USA. Dorf Ketal is the industry's fastest-growing provider of formulated specialty chemicals to upstream and downstream hydrocarbon markets and the market leader in organometallic catalysts and cross-linkers serving a broad range of applications and industries. The firm's innovative chemistries are reflected in numerous patents and a corporate vitality index of more than 35 percent. Dorf Ketal is a Responsible Care® company with RCMS, ISO 9001, ISO 14001 and OHSAS 18001 certifications.
Global General Manager
SOURCE Dorf Ketal Speciality Catalysts LLC