Attending the product launch were Mr. Nguyen Van Hoi, Party Secretary and Chairman of the Board of Directors of the Company; Mr. Bui Ngoc Duong, Deputy Party Secretary and General Director; Mr. Nguyen Viet Thang, Deputy General Director; Mr. Mai Tuan Dat, Deputy General Director; the Board of Directors of Dung Quat Refinery, and leaders of functional departments and employees involved in the research and production of the new product, TF4035.
BSR successfully researches and produces new PP resin products.
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Reporting at the launch event, Mr. Le Hai Tuan, Head of BSR Research and Development, said: “After a period of focused research, in April 2024, the Company successfully pilot-produced the heat-formable PP product TF4035, meeting the required technical standards. According to customer feedback after testing the product, TF4035 has been highly evaluated by large domestic processors and is ready for commercialization, even outperforming imported products.”
On June 30, 2024, BSR successfully produced 500 tons of the heat-formable PP product TF4035 to meet the production needs of many domestic enterprises that previously relied entirely on imports for their manufacturing processes.
The TF4035 PP resin product has a high degree of crystallinity and is used in heat-forming technology under pressure/vacuum to manufacture high-quality, everyday household items such as cups, boxes, food trays, cup lids, plastic sheets, etc. TF4035 offers superior features such as high hardness, transparency, heat resistance, design flexibility, balanced physical properties, and ease of recycling.
In terms of processability, TF4035 is very easy to work with and has excellent mold-filling properties, resulting in products with smooth surfaces, uniform thickness, no warping, and aesthetic appeal.
Additionally, when using TF4035 as a raw material for processing, plastic manufacturers do not need to add other materials or additives. This ensures consistent quality in the final product and simplifies the calculation, optimization, and blending processes for the manufacturers, preventing risks associated with incorrect material mixing.
Another notable feature of the TF4035 product line is that it helps plastic processing units reduce the production cycle per unit of product, or in other words, increase productivity and efficiency when using TF4035 on their existing production lines. Consequently, it helps reduce energy consumption, production costs, and carbon dioxide emissions during the manufacturing process, contributing to environmental protection.
Company leaders inspect the area containing the heat-formable PP product TF4035, ready for delivery to customers.
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Mr. Bui Ngoc Duong, BSR General Director, spoke at the launch event, recognizing and commending the efforts of the collectives and workers of the specialized departments of BSR, who have successfully researched and produced the new PP product TF4035 over the years. The General Director emphasized that TF4035 is one of the essential new products in the Company’s new product development strategy. With its high applicability in daily life and unique production and consumption characteristics, TF4035 will showcase its superior qualities in niche markets, especially as BSR faces increasing competition from domestic and regional oil refineries.
“This successful launch of TF4035 will pave the way for BSR to continue developing and introducing new products to the market. I request that the functional departments of BSR continue to optimize production, raw materials, and chemicals to manufacture high-quality, competitively priced products with strong market competitiveness,” said Mr. Bui Ngoc Duong, BSR General Director.
Company leaders present bonuses to collectives and individuals with outstanding achievements in researching and successfully producing the heat-formable PP product TF4035.
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The launch of the new PP product TF4035 is a testament to BSR‘s dedication and hard work. From the initial planning and process design stages to the rigorous laboratory and customer site tests and quality inspections, everything was carried out with the utmost care and dedication. The first batch of 500 tons of heat-formable PP TF4035 resin is expected to be offered to customers in July 2024.
Previously, BSR actively collaborated with many domestic customers to understand their needs, increase production volume, and expand the consumption market for new PP products. The company also continues to research and develop other PP product lines (biodegradable, glass fiber-reinforced, medical-grade, etc.) to enhance quality and value, meet market demands, and improve BSR‘s competitiveness and business performance.
Representatives of the Research and Development and Production and Business Departments present the heat-formable PP product TF4035 to the Sales Department and BSR Hanoi Branch, with the goal of increasing the production and sales of high-quality petrochemical products and enhancing BSR‘s value.
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At the launch event of the new PP product TF4035, BSR also presented bonuses to collectives and individuals with outstanding achievements in researching and successfully producing this innovative product.
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