Industry Trends

February 2023

See what has been happening in Asia’s plastics & rubber industries over the last weeks. What are experts and industry magazines talking about?

What has been happening?

Recycled tires used to create basketball court, Zero-defect production in injection moulding, Single-use plastic waste rises despite pledges, and more. Find out what plastic & rubber journals and industry experts have been discussing in the last four weeks.

Latest Plastics & Rubber Articles

Recycled Continental Extreme E tires used to create basketball court
Tire Technology International

A new basketball court produced using recycled tires has been opened in the Linden-Süd district of Hannover, Germany. The project, which was carried out by Continental and other partners, used 200 recycled racing tires from the Extreme E electric racing series to create the court’s surface.
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LyondellBasell, Lego family holding KIRKBI invest in APK
Plastics News

APK AG, a Merseburg, Germany-based chemical recycler that has developed a proprietary solvent-based recycling technology for low density polyethylene (LDPE), has entered into a strategic partnership with LyondellBasell and KIRKBI A/S, the family-owned holding and investment company of the Lego brand. Under the terms of the collaboration, both LyondellBasell and KIRKBI will become minority shareholders in APK.
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Collaboration aims for zero-defect production in injection moulding
Medical Plastics News Magazine

EVCO Plastics partners with Kistler to ensure consistent standards in plastics processing. For a current project in the medical sector, EVCO has opted for cavity pressure sensors from Kistler together with the ComoNeo process monitoring system – and in this application, ComoNeo’s MULTIFLOW feature plays a particularly important part.
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How does the plastic industry advance circularity? A deep dive into Systemiq’s report on reducing waste
InterPlas Insights

The question of whether (or what) the industry can do to reduce plastic and packaging waste is an everchanging debate with everchanging science and evidence pointing the industry in different directions.
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Polestar Vehicle Seat Integrates Bio-Attributed PVC
PlasticsToday.com

Made from renewable vinyl and recycled polyester textile, the bio-attributed MicroTech is a “vegan” alternative to leather and comes as standard equipment in the Polestar 3.
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Packaging CEO: PCR boost to come from cooperation
Resource-Recycling.com

Post-consumer resin is the way forward, the CEO of a large flexible film supplier said, but it’s going to take commitment, collaboration and follow-through from everyone to get there.
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Rubber Peptizers Market to Exhibit a Remarkable Growth by 2030
GlobeNewswire

The global rubber peptizers market is expected to gain significant growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.7% in the forecast period of 2023 to 2030 and is expected to reach USD 1,673,218.70 thousand by 2030
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Single-use plastic waste rises from 2019-2021 despite pledges
BusinessWorld

Polluting single-use plastic production rose by 6 million tons per year from 2019 to 2021 despite tougher worldwide regulations, with producers making “little progress” to tackle the problem and boost recycling, new research showed on Monday. Single-use plastics have emerged as one of the world’s most pressing environmental threats, with vast amounts of waste buried in landfills or dumped untreated in rivers and oceans.
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Biodegradable plastics may end up doing more harm than good
BusinessWorld

FOR those guilt-ridden about the environmental damage caused by everyday consumer purchases, there are myriad paths toward forgiveness. Stick your bottles, cans, and Amazon cartons into the recycling box. Buy the organic cold brew that’s made with 100% renewable power. Minimize the carbon from your ski holiday flight with Peruvian rainforest offsets. Then there’s biodegradable plastics.
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EV Pro is ZC Rubber’s first EV passenger car tire, launches in China
Tire Technology International

ZC Rubber has launched its new EV Pro line-up – the company’s first EV passenger car tires – for the Chinese market. Utilizing the latest in ZC Rubber’s technology, the new tires have reduced rolling noise, increased fuel efficiency and improved grip performance. The EV Pro tires feature ‘Zuper Silent technology, which reduces tire noise by using all-season noise-absorbing compounds, three-dimensional silent bolts and a special soundproof chamber.
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Intel weighs boost to investment in Vietnam chip packaging plant
Yahoo Finance

Intel Corp is considering a significant increase in its existing $1.5-billion investment in Vietnam to expand its chip testing and packaging plant in the Southeast Asian nation, two sources familiar with the matter told Reuters.
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CCEP Indonesia, Dynapack Asia unveil Amandina Bumi Nusantara PET recycling plant
The Jakarta Post

Coca-Cola Europacific Partners (CCEP) Indonesia and Dynapack Asia, the region’s leading rigid plastic packaging and components manufacturer, inaugurated on Wednesday the Amandina Bumi Nusantara polyethylene terephthalate (PET) recycling plant in Bekasi, West Java, as a major step in the two companies’ efforts to support the sustainable use of plastics.
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Plastic bags from supermarkets to be chargeable from mid-2023
AsiaOne.com

From mid-2023, shoppers at most supermarkets will need to pay at least five cents for each disposable carrier bag. Two-thirds of all supermarket outlets in Singapore — including NTUC FairPrice, Cold Storage, Giant, Sheng Siong and Prime — will impose the charge on all materials of disposable bags, including plastic and paper. The upcoming carrier bag charge is among several proposed amendments to the Resource Sustainability Act tabled in Parliament on Monday.
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Cotabato bans rubber planting materials from Basilan, Zamboanga
BusinessWorld

COTABATO, the Philippines’ top rubber producer, has temporarily banned the entry of all rubber planting materials from the island province of Basilan and the Zamboanga Peninsula region due to pestalotiopsis or leaf fall disease in these areas. The ban took effect on Feb. 3 following an executive order signed by Cotabato Governor Emmylou Talino-Mendoza.
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Estate Chronicle: Doubled-tapping for rainy days
NST Online

Those days, my parents and their fellow rubber tappers received wages on a daily basis. The more you tapped, the more you were paid.
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Rubber farmer income plan gets approval
Bangkokpost.com

The government has approved a 7.64-billion-baht income guarantee scheme for rubber farmers for the 2022-23 season, which is operating for the fourth consecutive year.
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Natural rubber to rebound with shift to net zero
NST Online

First, the major plantation players abandoned NR for oil palm. Then, the frequent bouts of low prices disincentivise small farmers from tapping.
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Rubber price hits K1,300 per pound in domestic market
Global New Light Of Myanmar

The price of rubber touched around K1,300 per pound, according to the rubber market in Mon State.
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Rebounding Phl’s rubber industry
Daily Tribune

Rubber is among the most sought after material in the production of vehicle tires and other vital rubber items. However, the Philippines is only the 12th among natural rubber producing countries in the world and has contributed about 0.77 percent of the world’s natural rubber production.
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Plastics & Rubber Trends – October 2024

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