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Dor Chemicals
News.
Treofan presents product innovations for In-Mould Labels and Spot-Patch Labels at the Labelexpo Europe 2003
Raunheim, 24th September 2003. The bonding of the plastic label with the containers during the forming process not only saves a separate process for attaching the label but it also saves a material separation in a later recycling. In-Mould Labels (IML) is thus becoming more important due to the growing demand for one-substance packaging. Treofan, in order to satisfy the increasingly sophisticated requirements for IML, has extended its product range by new cast polypropylene films (CPP films) for the injection moulding application. The non-oriented PP films are being presented for the first time on the Treofan stand, at the Labelexpo Europe from 24th to 27th September 2003 in Brussels.
The multilayer PP films are manufactured by the coextrusion cast technology. The new cast films have a good performance, however their advantage is a reduced shrinkage after the injection moulding giving containers without distortion or orange peel. This means that also large containers with a perfectly smooth surface can be produced.
The cast films are available in transparent (CTD 82) and white (CWD 80 and 100). Their corona treatment guarantees good printing properties.
A new technology at the trade fair stand of Treofan are polypropylene spot patch labels which offer technical advantages. With this new technology new possibilities can be created in the product presentation. The PP labels are applied on conventional wet glue applicators so there is no need for large investments in machinery. The transparent film is excellently suited for the growing market of applications in the “no label look". As well as transparent film, Treofan also offers a white film in high gloss for the design of high-value labels.
The Treofan group was founded in 2002 - a merger of the Dor-Moplefan-Shorko group with film manufacturer Trespaphan. The Treofan group develops, produces and markets OPP(oriented polypropylene), CPP(cast polypropylene) and BOPLA(biaxial oriented polylactic acid films) under the brand names Trespaphan®, Biophan®, Shorko© and Moplefan®. World-wide, the group employs about 2,200 staff at 11 locations with an annual production capacity of a total of 280,000 tons.
www.treofan.com
www.trespaphan.com
Treofan at the Labelexpo Europe 2003: Hall 11, Stand 11 S 95
Press contact:
Charlotte Meerman
Tel: +49 (0) 6142-200 3224
Fax: +49 (0) 6142-200 3299
communications@de.trespaphan.com
Trespaphan GmbH
Am Prime Parc 10
65479 Raunheim
Germany | | CLOSE. |
20. December 2002Mr. Z. Mor, the Chairman of Dor-Moplefan Group had announced today, 20th December 2002, that the purchase of Trespaphan Group by the Dor-Bain consortium has been consummated.
The transaction has been completed following the receipt of the regulatory approvals, the investment of Bain Capital in Dor Film International B.V. which is the holding company of the Moplefan Group of companies and Shorko (Australia), and finalizing the financing agreements with a consortium of banks leaded by J.P.Morgan Chase and Bear Stearns.Mr. Mor, who is also the Chairman of Dor Film International B.V., has also informed that the enterprise value of Trespaphan as agreed with Celanese was approximately Euro 200 millions, the current annual turnover of the company is about Euro 500 millions and it employs about 2,200 people.
The company production facilities, capable of producing the full range of PP films are located around the world, in Italy, Germany, France, Belgium, Mexico, South Africa and Australia. The combined entity of Moplefan, Shorko and Trespaphan has a total of over 250,000 tons/year of actual Polypropylene films production capacity, representing about 10% of global consumption. Trespaphan is a dynamic and innovative company developing, producing and marketing high-performance BOPP films (biaxially oriented polypropylene) and BOPLA films (biaxally oriented polylacticacid) under the brand names Trespaphan & Biophan worldwide.
Dor-Moplefan is a group of international companies whose headquarters are located in The Netherlands with plants in Italy, Belgium, and Australia, and which is engaged in the production of polypropylene films.
Dor-Moplefan is a major global provider of polypropylene films, controlled by the Dankner Group which is engaged in various industries including banking, cable television, telecommunications, and has over 40 years of industrial experience. Dor-Moplefan has recently acquired the Australian polypropylene producer, Shorko, and together with Trespaphan will be a leading global producer of polypropylene films, taking a long-term view in this sector.
Bain Capital is one of the leading private investment firms. Bain manages several pools of capital including private equity, high-yields assets and public equity with over US$ 14 billion in assets under management.
Further information on Bain Capital can be found in the Internet at www.baincapital.com.
For further information please contact office@dorchemicals.com
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On October 30th the chairman of the Dor-Moplefan-Shorko group, Mr Z. Mor, executed agreements to acquire the Trespaphan Group (“Trespaphan”) from the German chemicals manufacturer Celanese AG with Bain Capital (“Bain”), a leading private equity firm. Following the acquisition the group of companies will be jointly owned by Dor-Moplefan and Bain.
The combination of Trespaphan, Moplefan and Shorko will create a leading worldwide producer of polypropylene (“PP”) films with approximately 10% global market share. The company will have combined production capacity of 250,000 tonnes, annual sales of approximately €500 million, 2200 employees worldwide and production facilities in Germany, Italy, France, Belgium, Mexico, South Africa and Australia. The newly formed company combines Shorko Moplefan’s film manufacturing capabilities with Trespaphan’s technical expertise in specialty films, to provide one of the world’s broadest PP film product offerings, serving all major end market applications.
Bain Capital is a premier global private equity firm with $14 billion of capital under management. Combining forces with Bain, according to Mr. Mor, will give rise to many further opportunities.
To see the Celanese publication for this news item, Click Here. | | CLOSE. |
On Friday, August 9th, 2002, following the receipt of necessary regulatory approvals, the acquisition of 100% of the share capital of Shorko Australia Pty. Ltd. by Dor moplifan group. from Basell Australia (Holdings)
Pty. Ltd. has been completed. | | CLOSE. |
Terni, Italy, July 8th, 2002 --
Basell and Dor have signed a definitive agreement for Dor to acquire 100% of Shorko Australia Pty. Ltd., the wholly owned PP film business of Basell Australia (Holdings) Pty. Ltd. The sale is subject to receipt of regulatory approval, which is anticipated within one month. Completion of the transaction is targeted for mid-August.
"We are very pleased that the negotiations with Dor/Moplefan have been successfully concluded and we look forward to continuing our close relationship with this Group as its supplier of resins," said Volker Trautz, Basell's president and chief executive officer. "This transaction will enable Basell to further focus on its core business activities of producing and marketing polypropylene, polyethylene and advanced polyolefins and the development of related technologies. The transaction will provide further potential for Shorko to continue to develop its polypropylene film business as part of a Group fully dedicated to this business".
Zvi Mor, chairman of Dor Chemicals and Moplefan, said, "The acquisition of Shorko is a further step towards Dor's objective to reach a leading role in the field of BOPP and cast films, starting with the recent acquisition of 80% of Moplefan's shares from Basell. With this transaction the extensive worldwide marketing organization of Dor/Moplefan's film business will be in a position to serve the most demanding customers in the global market. We are watching with great interest the growth of the Australian, New Zealand and Asian Markets and the synergies between the product portfolios of the two companies involved. We believe that the performance of both Moplefan and Shorko will be further enhanced after this acquisition".
Dor Chemicals, a company based in Israel and listed on the Tel Aviv Stock Exchange, is specialised in the production of a range of intermediate petrochemical products used in the chemical, plastics, pharmaceuticals, and wood industries, as well as in agriculture and motor fuels. Dor is part of The Dankner Group, one of the leading investment groups in Israel, with diversified capital intensive long-term industrial and other activities.
At the end of 2001, Dor acquired 80% of Basell's Moplefan polypropylene film business. Moplefan is one of the major manufacturers and distributors of polypropylene film (biaxially oriented polypropylene (BOPP), Cast and Sheet) in the world and today operates through six production plants in Italy, Belgium and Israel, with a total capacity of 130,000 tons per year. The Moplefan Group employs 600 people. Shorko is the largest manufacturer of BOPP film in Australia, and the leading supplier of a diverse range of packaging film to the region. Since 1982, it has been developing and producing cutting-edge products designed to enhance, protect and extend the shelf life of most packaged products and is continually increasing product performance, working with new technologies and exploring new solutions. Shorko films are produced at the modern, state-of-the-art complex at Wodonga (Victoria state), which is strategically located between Melbourne and Sydney, the two biggest markets and seaports. The plant has a production capacity of 20,000 tonnes per year and the company employs 115 people.
Basell develops, produces and markets polypropylene, polyethylene, advanced polyolefin materials, and polyolefin catalysts and also develops and licenses polyolefin processes. Basell's corporate centre is located in Hoofddorp, The Netherlands; the company has regional offices in Wilmington, Delaware, USA; Brussels, Belgium; Mainz, Germany; Sao Paulo, Brazil, and Hong Kong, as well as manufacturing facilities and sales offices in the major markets around the globe.
For additional information contact Gherarda Guastalla Lucchini Moplefan Communications Department at +39 02 4986697 - fax +39 02 48012746
Email: relazionipubbliche@g2g.it | | CLOSE. |
On Wednesday, June 26th, 2002 during the last general meeting of OPMA, in Zurich, Michael Yanovski, Managing Director and Vice President of Moplefan SpA was appointed, by the assembly, Vice President of Opma.
OPMA is a non-profit organization representing most of Europe's producers of BOPP films. It was founded in the mid-1970's by seven of the principal European producers, with the objectives: promote the use of oriented polypropylene films in packaging and industrial applications, and to provide a forum for discussion of issues relevant to the industry.
Moplefan Group is one of the major manufactures and distributors of polypropylene film (Biaxially Oriented Polypropylene -BOPP-, Cast and Sheet) in the world and today operates through 6 production plants in Italy, Belgium and Israel, with a total capacity of 150,000 tonnes per year.
OPMA
Oriented Polypropylene Film Manufacturers Association.
OPMA is a non-profit organization representing most of Europe's producers of Oriented Polypropylene films (OPP) and whose purpose is to promote the use of OPP films in the packaging and industrial markets.
The Association was established in the mid-1970's by seven of Europe's principal producers with the Secretariat services of Peat Marwick Mitchell. Its principal purpose was to monitor trade statistics for OPP and cellulose films (substitution of cellulose films providing the main market for OPP films in the early days).
The European market for OPP films has grown enormously since OPMA's inception, from 40,000 tonnes in 1976 to 700,000 tonnes in 2001, testimony to the popularity of these versatile, innovative and cost-effective films. This growth in demand has been accompanied by a significant rise in the number of producers of OPP, most of whom are members of OPMA.
OPMA members have manufacturing sites spread across Europe from Britain to Turkey. The organization is non-exclusive and membership is open to all European producers of OPP films.
The Association is headquartered in Zurich where meetings of the Management Committee are held under the impartial auspices of the Secretariat, and in the presence of an independent legal representative.
The objectives of the Association, elaborated in the Statutes, are to:
Promote the use of Oriented Polypropylene films in packaging and industrial applications
Provide a forum for discussion on issues relevant to the industry
Much of the Association's work in recent years had focused on the improvement of and compliance with industry standards, ranging from SHE (Safety, Health & Environment), to Regulatory Affairs and technical specifications. The proliferation of new legislation affecting the flexible packaging industry has required particular and sustained attention.
The Association also works to shape and facilitate compliance with environmental legislation through its links with other industry bodies such as EuPC (European Plastics Converters Federation) and has been instrumental in developing a wider appreciation of the environmental benefits of OPP films.
Where sustained effort is required, sub-committees operate; thus the Safety Committee seeks to benchmark and establish industry best practice, and the Technical Committee concentrates on test methods, standardization, nomenclatures and specifications which are rigorously pursued and applied.
Finally, the Association compiles industry statistics through the offices of its Secretariat, to monitor market trends in and across Europe.
For further information on OPMA please contact Mrs Cecile Vitelli (address overleaf)
Secretaria
Mrs. C. Vitelli
OPMA Secretariat
Bleicherweg 62
PO Box 10
CH-8027 Zurich
Switzerland
Telephone ++41 1 202 17 33
Telefax ++41 1 202 15 51
e-mail opma@actreu.ch
Legal Advisors
De Bandt, van Hecke, Lagae & Loesch, Belgium | | CLOSE. |
Terni (Italy), May 14, 2002 - Moplefan Group (Italy) has signed a Heads of Agreement with Basell Australia (Holdings) Pty. Ltd to purchase 100% of shares of Shorko Australia Pty. Ltd., its wholly owned PP film business.
Moplefan Group is 80% owned by Dor Chemicals, a company located in Israel and listed on the Tel Aviv Stock Exchange, and 20% by Basell (a joint venture between Shell and BASF).
The purchase is subject to due diligence, completion of the definitive agreements and receipt of the appropriate approvals.
The envisaged transaction will provide further potential for Shorko to continue to develop its polypropylene film business as part of a Group fully dedicated to if s core business; while, with the new acquisition in Australia, Moplefan Group will become a global strategic company with production sites in three continents, Europe, Asia and Australia.
Moplefan is one of the major manufactures and distributors of polypropylene film (Biaxially Oriented Polypropylene (BOPP), Cast and Sheet) in the world and today operates through 6 production plants in Italy, Belgium and Israel, with a total capacity of 145,000 tonnes per year. Its headquarters and R&D are located in Terni, Italy. Its products lines cover transparent, white, metallized and coated films. The Moplefan Group employs 600 people.
Shorko is the largest manufacturer of BOPP film in Australia, and the leading supplier of a diverse range of packaging film to the Pacific region. Since 1982, it has been developing and producing cutting-edge products designed to enhance, protect and extend the shelf life of most packaged products and is continually increasing product performance, working with new technologies and exploring new solutions. Moplefan's high end film technology will contribute to Shorko's capability to offer the full range of up-to-date packaging solutions to the Australian and Pacific markets. Shorko films are produced at the modern, state -of-the-art complex at Wodonga (Victoria State), which is strategically located between Melbourne and Sidney, the two biggest markets and seaports. The plant has a production capacity of 20,000 tonnes per year.
During the recent "INTERPACK 2002" the world's largest packaging exhibition in Dusseldorf, Moplefan unveiled ifs latest film development, the "High Barrier Chlorine Free" (BCF) coated film family and the revolutionary "Twistable Cast Film" line.
For additional information contact Gherarda Guastalla Lucchini Moplefan Communications Department at +39 02 4986697 - fax +39 02 48012746 E mail: relazionipubbliche@g2g.it | | CLOSE. |
Hoofddorp, The Netherlands, November 12, 2001 Basell's and Dor Chemicals. have signed a definitive agreement for Dor to acquire 80% of Basell's Moplefan polypropylene film business. The sale is subject to Italian regulatory approval, which is anticipate within one month, and completion of the transaction targeted for mid-December.
Dor Chemicals, based in Haifa, Israel, specializes in the production of a range of intermediate petrochemical products used in the chemical, plastics, pharmaceuticals and wood industries as well as in agriculture and in motor fuels. In recent years Dor has also begun to manufacture BOPP film on a new 13,000 tonnes per year line. The Moplefan assets to be included in the transaction are all European production plants and are located in Terni, Battipaglia, San Gimignano and Lamezia Terme in Italy and Liege, Belgium.
The plants have a total capacity of 120,000 tonnes per year and employ more than 500. Upon completion of the transaction, Basell would retain ownership of 20% of Moplefan and have representation on the company's board of directors.
"We are very pleased the negotiations with Dor have been successfully concluded and we look forward to continuing our close relationship with Moplefan as a supplier of resins," said Volker Trautz, Basell's president and chief executive officer.
"This transaction will enable Basell to further focus on its core business activities of producing and marketing polypropylene, polyethylene and advanced polyolefins and the development of related technologies."
Zvi Mor, chairman of Dor Chemicals., said, "Moplefan is a well established company with the potential for further growth in its field; it has the right people, know-how and equipment to be a growing and a major player in the field of BOPP and cast films".
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