Industry Trends

August 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?

Top tools for injection molding, Additives boast sustainability without sacrificing performance, Why did this ice cream brand pick plastic pints over paperboard, and more. Find out what plastic & rubber journals and industry experts have been discussing in the last four weeks.

Latest Plastics & Rubber Articles

Top tools for injection molding
PlasticsToday.com

From nozzle leak-detection systems to precision-ground ejector pins, these recently introduced products promise to save injection molders time and money.
Additives boast sustainability without sacrificing performance
Plastics Technology

This year’s long-awaited NPE2024 did not disappoint in the realm of new developments in additives. Not surprisingly, sustainability ruled but so do performance attributes of replacements that claim to be at least equivalent if not better performers. Leading the pack of plastics for which these additives are targeted are polyolefins used in the food packaging arena. As such, this year’s highlights included non-PFAS processing aids, barrier boosters, oxygen scavengers and nucleating agents.
Why did this ice cream brand pick plastic pints over paperboard?
PlasticsToday.com

Blue Bunny’s preference for polypropylene containers points to a growing trend, according to packaging supplier Berry Global.
Goodyear Announces Sale of Off-The-Road Tire Business to Yokohama for $905 Million
Traction News

The Goodyear Tire & Rubber Company (NASDAQ: GT) (“Goodyear” or the “Company”) today announced that it has signed a definitive agreement to sell its Off-the-Road (“OTR”) tire business to The Yokohama Rubber Company, Limited (TYO: 5101) (“Yokohama”) for $905 million in cash. The transaction follows a previously announced strategic review of the OTR tire business in connection with the Goodyear Forward transformation plan.
Bridgestone and JAL expand predictive technology for jet aircraft tire replacements
Tire Technology International

Japan Airlines (JAL) and Bridgestone Corporation have expanded the use of tire wear prediction technology to schedule tire replacements for large jet aircraft, including the Airbus A350-900, which JAL began operating in May 2024. Aircraft tires must ensure safe take-off and landing under harsh conditions, such as heavy loads, at high speeds and across a range of temperatures.
Biden endorses ‘ambitious' plastics plan, less virgin resin production
Plastics News

A White House report released July 19 calls for phasing out single-use plastics in foodservice operations, events and packaging across the federal government by 2027 as part of much broader calls for government to do more. The 83-page report from the Biden administration is the most detailed federal government policy statement yet on addressing plastics in the environment.
End-of-life Plastic Gives Birth to Cell Clusters
PlasticsToday.com

Scientists at NTU Singapore are repurposing waste ABS from discarded keyboards into synthetic matrices to culture cells for medical research.
GPSNR implements digital platform to simplify reporting
Tire Technology International

Singapore-based software developer Agridence has developed a digital platform specifically for the Global Platform for Sustainable Natural Rubber (GPSNR) reporting requirements (RR) with the aim of simplifying the process of sustainability data reporting, collection and aggregation for the natural rubber value chain.
Malaysia to benefit from Chinese glove makers' shift to Europe and Asia from US
NST Online Latest News

Chinese glove makers’ decision to shift their target markets from the US to European and Asian markets will result in a near-term trade diversion from the US to Malaysia, which will benefit most Malaysian players like Hartalega Holdings Bhd and Kossan Rubber Industries Bhd.
Putrajaya studying impact of microplastics and new pollutants on water quality in Malaysia’s river basins, says DPM Fadillah

Malay Mail

Deputy Prime Minister Datuk Seri Fadillah Yusof said that the government, through the National Water Research Institute of Malaysia (NAHRIM), has been actively conducting research on the impact of new pollutants on water quality in several river basins in Malaysia under the 12th Malaysia Plan (12MP).

Myanmar Conflict Escalates, Thai Companies Pull Out

Khaosod English

The ongoing conflict in Myanmar between the military government and opposition forces shows no sign of abating. Fighting continues in several areas and has prompted Thai companies to pull out and divest 7 billion dollars. In the past, Thai investors ranked third in investment promotion applications with a total value of 11.6 billion dollars or 12.47percent in 155 approved projects. Currently, Thai investment in Myanmar ranks fifth with a value of 4.45 billion dollars or 6.

Bioplastics roadmap due for completion by fourth quarter

BusinessWorld

The Board of Investments (BoI) said the Philippine Bioplastics Industry Roadmap is expected to be completed by the fourth quarter. According to the BoI, the roadmap is one of the outputs of a zero-waste initiative known as “Building Plastic Circularity through Biodegradable Plastic to Ensure Zero Waste in the Philippines.” The Philippines’ partners in the project are the Global Green Growth Institute and the Korea Export-Import Bank.

As KK bans single-use plastic bags in city, Sabah govt hopes ban will be expanded statewide

The Malay Mail

The state capital’s ban on single-use plastic bags starting today is hoped to eventually be expanded to the entire state, said assistant minister in the Chief Minister’s Department Datuk Abidin Madingkir.

Thailand’s push to become an electric vehicle manufacturing hub

Channel NewsAsia

In the next five years, Thailand expects to see all EV and EV-related investments amounting to more than 200 billion THB (US$5.5 billion).

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