Read this section if you want to keep up with the developments in our company and newsworthy developments in the paper industry
New Product OfferingsIn mid-2012, the G.IN.SER Company added various cleaning products to her product catalogue.THE BIOCIDE DIRECTIVEThe European Union issued directives for the distribution of biocide-containing products. [EC Biocidal Products Directive 98/8/EC issued by the European Parliament and the European Council on the 16th of February 1998 (as amended)]. The objectives of these regulations are to keep the environment clean and safe for human beings and to ensure that the European market runs properlyCurrently, the paper industries utilize about 30 active substances in 600 formulations, which are offered by about 40 suppliers. We do not expect more than half of these products to survive the transition to the day when the EU Biocidal Products Directive enters into force. Currently, every individual European government assesses the risk of using biocides in its own way and therefore, every government imposes different regulations. br> However, since the beginning of 2000, the European Directive is in effect with provisions, which go far beyond the former regulations in individual countries. In the coming years, the affected industries expect considerable expenses for product adaptations and the process of obtaining permits for the active ingredients and the formulations. According to current estimates, the process of getting an active substance included in Appendix I of the EU Biocidal Products Directive will cost more than € 1.2M. The costs of obtaining a risk assessment for the basic formulation of a product line are estimated to be € 100,000. The overall costs of implementing the EU Directive are estimated to be more than € 20M. This amounts to half of the combined current annual proceeds from the sale of the respective products. No doubt, these costs will have an impact on the manufacturers' bottom lines and will in turn affect the consumer prices. Our products have many uses. Aside from serving the different branches of the paper industry, we also deliver to the industries producing corrugated paper boards, paper bags, glue, paint, print supplies and textiles. |