Industry Trends

May 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?

Soccer field made from recycled Lay’s chip bags, New skis from old plastics, Tire developed using 75% recycled and renewable materials, and more. Find out what plastic & rubber journals and industry experts have been discussing in the last four weeks.

Latest Plastics & Rubber Articles

First US Soccer Field Made from Recycled Lay’s Chip Bags Opens
PlasticsToday.com

Snack brand’s recycled flexible packaging serves as the underlying layer for the field and is the sixth such installation worldwide.
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Salomon creates new skis from old plastics
Plastics News

A group of designers, product developers and research experts at sports equipment manufacturer Salomon Group have put scrap plastic, including polyurethane offcuts, to good use. A 3 kilogram pair of skis, they said, also creates 3 kilograms of production waste. Could this be used to make new products?
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Bridgestone develops tire using 75% recycled and renewable materials
Tire Technology International

A run of demonstration tires made with 75% recycled and renewable materials – including synthetic rubber manufactured from recycled plastics and natural rubber harvested from desert shrubs – have been produced by Bridgestone. A total of 200 tires were produced for joint evaluation by OEMs for use on the next generation of electrified sports and crossover utility vehicles.
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Plastic Ingenuity strives to improve sustainability
Medical Plastics News Magazine

Plastic Ingenuity, a specialist in custom thermoforming for multiple industries including healthcare, is optimising designs to use less plastic in packaging.
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Are You Providing Sustainable Materials?
Plastics Technology

Not surprisingly, materials are playing a key role as processors look to figure out ways to make their products more sustainability. This is the case in virtually all extrusion processes, from flexible and rigid packaging to PVC products for construction, and just about everything in-between.
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Kickstart: A premium for better packaging
Plastics News

In a new survey, 82 percent of shoppers said they would be willing to pay more for products sold in sustainable packaging. For Gen Z shoppers, the response is higher, with 90 percent willing to pay a premium.
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Nexen Tire unveils demonstration tire made of up to 52% sustainable materials
Tire Technology International

On a pathway toward becoming more sustainable, Nexen Tire has announced that it has developed a demonstration tire that features up to 52% sustainable materials. The company’s engineers used a variety of current and emerging technologies to design the product. Nexen’s latest demonstration tire consists of up to 44% renewable materials, including natural rubber, bio-based synthetic rubber and silica derived from rice husk waste residue.
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PP Prices May Plunge, Others Are Mostly Flat
Plastics Technology

Despite some suppliers aiming to push through increases from month to month, the second-quarter prices of major commodity resins seem to be mainly on a flat trajectory, though a major correction is looming for PP. Other resins with potential for some modest downward movement — at least a give-back of increases gained in the first quarter, include PE, PS, and PVC.
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Returnable Packaging Market Shows Sustainable Growth
PlasticsToday.com

The value of the $98.6 billion sustainability driven returnable packaging market that relies on plastic packaging will grow 6.2% yearly through the end of the decade.
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Automotive Plastics Will Be $43 Billion Market by 2030
PlasticsToday.com

High-performance plastics replacing conventional metals and rubber will drive growth, according to new market report.
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US lifts import ban on Malaysia’s Smart Glove
The Malay Mail Online

The United States lifted a 17-month import ban on products from Malaysian rubber glove maker Smart Glove, saying the company has addressed exploitative labour practices. US Customs and Border Protection (CBP) in November 2021 sanctioned imports from Smart Glove and its group of companies over the alleged use of forced labour at its production facilities.
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Thailand’s packaging company to expand business in Vietnam
VietnamPlus

Bangkok-based SCG Packaging Plc (SCGP) has announced that it is acquiring a 70% stake in Starprint Vietnam JSC (SPV) for 1.53 billion BTH (44.5 million USD) to take advantage of positive prospects in Vietnam.
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Mondelez Philippines aims for plastic neutrality through partnership with PCX
BusinessWorld

The Extended Producer Responsibility (EPR) Act of 2022, passed in July of the previous year, is a law which mandates companies to participate in waste management programs. Simply put, certain companies who produce and use plastic are obligated to collect an equivalent volume back through diversion programs like recovery and recycling.
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Glove procurement cases take shape
Bangkokpost.com

The Public Warehouse Organization (PWO) has been working with the National Anti-Corruption Commission (NACC) and Anti-Money Laundering Office (Amlo) to proceed with lawsuits against those involved in corruption in procuring 500 million boxes of rubber gloves worth 112 billion baht in 2020.
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Thai condom exports gain in year China sees population decline
Bangkokpost.com

Thailand consolidated its position as the top global condom exporter in 2022, a year when its biggest buyer China coincidentally reported its first drop in population in six decades.
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Meditech gloves eyes RM88.62 mln sales from newly-formulated graphene gloves
NST Online Latest News

Meditech Gloves Sdn Bhd (MGSB) has set the initial sales target for its newly-formulated glove using graphene at RM88.62 million this year and an annual demand growth forecast of 50 per cent.
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Find ways to reduce packaging waste
NST Online Latest News

More Malaysians are shopping online, and the way they make purchasing decisions is changing. This has far-reaching consequences for businesses in the digital age.
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