TICA New Materials Group

TICA New Materials Group, legally known as TICA New Materials Group Co., Ltd., operates as a specialized provider of comprehensive packaging solutions, primarily for the fresh meat and pre-prepared food sectors. The company was established on May 6, 2008, by founder and chairman Feng Chun, who holds a degree in Materials Engineering from Shanghai Jiaotong University and has a background in polymer materials and equipment research with the Chinese Academy of Sciences. This expertise in materials science is foundational to the company's focus.

The firm's business model centers on the research, development, manufacturing, and sale of multi-layer co-extruded high-barrier heat-shrinkable packaging films. It generates revenue by providing these advanced packaging materials and associated equipment to a diverse client base that includes meat processing and slaughtering enterprises, fruit processors, dairy companies, and food service businesses. TICA New Materials addresses the market need for food preservation, extending shelf life, and reducing spoilage without the use of preservatives, which in turn lowers packaging and logistics costs for its clients.

The company's product portfolio is extensive, featuring over 100 specialized packaging solutions across three main categories: high-barrier thermoforming materials, high-barrier stretch-lidding films, and high-barrier heat-shrink materials. Specific products include PVDC shrink bags and films, plastic trays (MAP, VSP), absorbent pads, and various films like heat-shrink wrap and thermoforming sheets. A key offering is a high-barrier material that allows food and beverages to be stored at room temperature for over a year, positioning it as an alternative to traditional glass and metal can packaging. This capability is achieved through multi-layer co-extrusion technology, incorporating materials like EVOH and PVDC to provide an excellent oxygen barrier.

Significant milestones in the company's history include its founding as Suzhou TICA New Materials Co., Ltd. in 2008 and its transition to a joint-stock company in 2011. The company was listed on the New Third Board in 2014, which was followed by several private placements before it delisted in 2021. Recently, TICA New Materials secured a substantial RMB 100 million in a Series B financing round led by Shengyin Investment. The company operates multiple production bases in Suzhou, Wuxi, and Chuzhou, with the Chuzhou facility housing an advanced nine-layer co-extrusion high-barrier sheet production line.

Keywords: food packaging solutions, high-barrier films, multi-layer co-extrusion, fresh meat packaging, prepared foods packaging, PVDC shrink bags, thermoforming materials, modified atmosphere packaging (MAP), vacuum skin packaging (VSP), EVOH barrier films, food preservation technology, packaging materials manufacturer, shelf life extension, heat-shrinkable film, flexible packaging, food-safe packaging, sustainable food packaging, meat processing supplies, packaging equipment, food industry supplier