Industry Trends

April 2024

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?

Supply chain prioritizes sustainability, How to enhance the sustainability of plastic packaging, Plastics by the numbers, and more. Find out what plastic & rubber journals and industry experts have been discussing in the last four weeks.

Latest Plastics & Rubber Articles

Supply Chain Prioritizes Sustainability
PlasticsToday.com

Shipping expert identifies three continuing trends in packaging, along with a fourth surprising one.
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How to enhance the sustainability of plastic packaging
Medical Plastics News Magazine

Katie Kellogg, global product line manager, Milliken & Company discusses strategy to enhance the sustainability of plastic packaging.
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Plastics by the Numbers
PlasticsToday.com

Plastics market reports for thin-wall packaging, polyethylene furanoate (PEF), functional films, PCR plastics, plastic compounding, and more are featured in this slideshow.
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Dow and P&G sign joint development agreement to create new recycling tech
Global Cosmetics News

Dow and Procter & Gamble have announced a joint development agreement (JDA) to create a new recycling technology targeting hard-to-recycle plastic waste. The duo hopes to enable the efficient conversion of post-consumer plastic waste into recycled polyethylene with near-virgin quality and a low greenhouse gas emissions footprint. To this end, the companies plan to combine their patented technologies and know-how.
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Plastics Substitute Barks Up the Right Tree
PlasticsToday.com

Sustainable-packaging startup turns tree bark into a bioplastic-based alternative that runs on existing package-molding lines.
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How Life Cycle Assessment (LCA) Measures a Manufacturer’s Carbon Footprint and Environmental Impact
Plastics Technology

Life cycle assessments (LCA) are one tool OEMs, fabricators and suppliers can use to understand — and improve — the environmental impact of composite parts and materials. As manufacturers work toward requirements for reduced carbon emissions and overall environmental impact, many of these goals are likely to have ripple effects down the supply chain.
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Infrastructure May Prove Big Landing Spot for Recycled Plastics

Plastics Technology

For decades, plastics have proven themselves as viable materials in building and construction. Industry veterans may recall the concept house GE Plastics (now SABIC) built in Pittsfield, Massachusetts, in 1989 to demonstrate possible applications for plastics in homes. “The plastics industry … is in a prime position to contribute to our nation’s infrastructure needs. From improved recovery facilities to uses in pavements and pipes, plastics can play a role.

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Reduce Downtime and Scrap in the Blown Film Industry
Plastics Technology

Over the years, purge compounds have demonstrated their effectiveness in substantially minimizing downtime and waste in numerous plastic industries. Plastic processors have distinct purging compound requirements, varying based on the equipment they use. The blown film sector, historically constrained by limited purge compound options due to its unique equipment needs, now benefits from a tailored solution developed by Chem-Trend to meet the specific requirements of companies in this industry.
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Goodyear opens simulation center in Luxembourg to enhance tire development process
Tire Technology International

On March 26, the Goodyear Tire & Rubber Company officially opened its simulation center in Luxembourg purposed for tire design and development. This follows the launch of the inaugural center in Akron, Ohio, in 2021. Outfitted with a DiM250 dynamic driving simulator developed by VI-grade, the center is designed to enhance Goodyear’s collaboration with OEMs and support tire performance through personalized product development. Back in 2020, Goodyear purchased two driving simulators from VI-grade.
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Intelligent sensor from Sumitomo reduces risk of loose wheel accidents
Tire Technology International

Sumitomo Rubber Industries (SRI), the maker of Falken Tyres, has expanded its Sensing Core intelligent tire technology with a new feature designed to prevent wheel detachment incidents, set to debut in production vehicles this year. The sensor-less system is designed to address various safety concerns like tire pressure, wear, load distribution and road hazards.
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Nordell's Path to Sustainability: Transforming Plastic Injection Moulding for a Greener Future

InterPlas Insights

Dan Grover, Nordell’s head of marketing & data analysis, sheds light on the various initiatives and innovations at Nordell that are driving its journey towards improved sustainability.

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Giti Tire appoints chief sustainability officer
Tire Technology International

Dr Pang Chong Hau has been appointed chief sustainability officer at Giti Tire as the company looks to bolster its sustainable business practices. Operating from Giti’s global headquarters in Singapore, Dr Pang brings a wealth of experience, having led the development of sustainable procurement frameworks and initiated key green projects in his previous roles.
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Nissei Opens Third Injection Molding Machine Plant in China

PlasticsToday.com

The new plant is dedicated to assembling 30- and 50-ton NEX Series all-electric presses and machining parts.

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FDA warns China-based syringe suppliers for unauthorized US marketing
Plastics News

The U.S. Food and Drug Administration sent warning letters to medical suppliers amid its evaluations of quality and performance issues in plastic syringes made in China.
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CHINAPLAS hosts World Trends and Plastics and Rubber Technology Summit

Medical Plastics News Magazine

CHINAPLAS 2024, the Asia No. 1 Plastics and Rubber Fair, will be held at the National Exhibition and Convention Center (NECC) in Hongqiao, Shanghai, PR China, on 23-26th April.

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Rubber Board: Smallholders in Sabah, Sarawak get production incentive payments for March
The Malay Mail Online

The Rubber Production Incentive (IPG) for smallholders has been activated for Sabah and Sarawak from April 1-30, 2024, based on the rubber production in March 2024. In a statement, the Malaysia Rubber Board said beginning January 2024, the IPG will be activated if the average monthly farmgate price for cuplump rubber is at RM3.00 per kilogramme (kg) or below. In March 2024, the average farmgate price for cuplump is RM 3.20 per kg for Peninsular Malaysia, RM2.
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Natural resources minister: Plastic pollution laws to be reviewed

The Malay Mail Online

The Ministry of Natural Resources and Environmental Sustainability will review the related laws to address plastic pollution in the country, said its minister Nik Nazmi Nik Ahmad. He said the existing laws are considered as “fragmented laws”, where their implementation depends on local authorities (PBT) according to the locality’s suitability and context.

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Ocean Cleanup 'interceptor' in Thailand to tackle trash in Chao Phraya river
NST Online Latest News

Black flies exploded into the air as plastic waste fell from bamboo conveyor belts into skips on a solar-powered barge attempting to remove rubbish from the main river of Thailand’s capital Bangkok.
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Malaysian rubber company hopes Thai govt will permit import of raw rubber

The Malay Mail Online

Malaysian rubber company, Thung Yai Rubber Co. Ltd, is hopeful that the Thai government will consider allowing natural rubber producers to import raw rubber from sources beyond the country. Director Steven Te of Thung Yai said currently there is a supply shortage and the company is facing difficulties in getting supply of rubber from plantations.

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China chides United States for ‘economic bullying’
BusinessWorld

China on Thursday criticized a US trade mission to Manila for dissuading American allies including the Philippines from working with the economic superpower on semiconductors, accusing its trade rival of “economic bullying.
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Plastics & Rubber Vietnam 2024 exhibition kicks off in HCM City

VietnamPlus

The 11th international exhibition on plastics and rubber technology, materials and machinery opened in Ho Chi Minh City on March 13, with the participation of more than 60 booths showcasing products in the plastics-rubber industry from 12 countries and territories, including the UK, Germany, China, Singapore and Vietnam, among others.

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US wants to help PHL double the number of its chip-making plants
BusinessWorld

American companies are looking to invest in the Philippines’ semiconductor industry with the aim of doubling the number of existing packaging, testing, and assembly facilities, the US Department of Commerce said on Tuesday. “The US companies realized that our chip supply chain is way too concentrated in just a few countries in the world,” US Commerce Secretary Gina M. Raimondo told a business forum in Makati City on Tuesday.
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Tyre maker Goodyear to close manufacturing plant in Malaysia

Straits Times

The shutdown is part of the company’s restructuring programme aimed at cutting costs by US$1 billion (S$1.3 billion).

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Guizhou Tyre Jumps on Plan to Build New Plant in Vietnam for USD228 million
Yicai Global

Guizhou Tyre’s share price rose after the Chinese supplier of commercial vehicle tires said it will meet strong demand by investing USD228 million to build a large new factory in Vietnam.
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