Polyplex’s innovation center has adopted a ‘lean innovation model’ in order to create enduring value for customers. It aims to provide more than a new product or a substrate. Polyplex’s innovation center has introduced value-added products in several areas through a well-defined customer engagement process to align innovations with customer requirements. The Company also focuses on developing applications and replacing existing products with alternative solutions.
- Commitment to open innovation: Polyplex leverages the concept of co-creation while working on various innovation programmes with its stakeholders – customers, brand owners, packaging designers, suppliers and adhesive manufacturers. On the basis of this, it classifies customer engagement initiatives as V+ (value plus), W2 (win–win) and P1 (power of one).
- Product and application development programmes: The purpose of this programme is to continuously come up with differentiated products and applications. Innovation in this area is mainly based on developing new functional surfaces and properties for PET and PP-based products based on future needs of customers.
The Company offers innovative solutions to its partners. Consequently, Polyplex has successfully adopted the 3R (reduce, reuse and recycle) concept while coming up with new-age packaging substrate solutions. It has taken various initiatives to recycle waste, save energy and use clean technology to reassert its environmental commitment and continually strives to manufacture sustainable products which can gain global acceptance, for example green candy wraps, direct digital printable films, transparent chlorine-free high-barrier films, UV printable carton lamination films, shrink sleeve wraps and label films, etc.
The Company has been consistently introducing specialty products with various innovative applications and uses. Recent examples include films for back sheets of solar panels, thick films for electrical and electronic appliances, easy-to-tear packaging films for food and cosmetics, foldable films for medical and industrial uses, high-barrier high-adhesion films for metallic surfaces, transparent barrier films for food packaging, specialty-coated PET films and films for print media suitable for digital printable and UV inks, among others.
The Company has come up with several projects focusing on CO2 footprint reduction. Digital printing offers high-quality graphics without the usage of solvents unlike conventional printing techniques such as Flexo and Rotogravure. With a lot of technologies available for digital printing itself, Polyplex has been able to develop products for most segments suitable for different digital technologies such as inkjet, dry toner, liquid electro-photography, etc.
Another project focused on sustainability was an attempt to convert general packaging laminate structures from 3 layers to 2 layers, which basically contributes to both source reduction as well as CO2 footprint reduction. With this idea in mind, the Company now has a high barrier PE which is successfully being used in shampoo and detergent packaging where it essentially converted a 3 layer structure to 2 layers.