News 

Global Personal Care Packaging Market to Reach USD 38.05 Billion by 2024

Zion Market Research has published a new report titled “Personal Care Packaging Market By Product (Flexible Packaging, Rigid Plastics, Paper, Glass, Metal, and Others), By Application (Skin Care, Haircare, Bath & Shower, Cosmetics, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024”. According to the report, the global personal care packaging market accounted for USD 25.95 billion in 2016 and is expected to reach USD 38.05 billion by 2024, growing at a CAGR of around 4.9% between 2018 and 2024. The personal care packaging market across the…

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300,000 could be rendered jobless by the Maharashtra Plastic Ban

In an interview to CNBC – TV 18, Mr. Neemit Punamiya, General Secretary of the Plastic Bag Manufacturing Association expressed concern over loss of over 300,000 jobs by closure of over 2,500 Plastic factories in Maharashtra. The ban could affect upto a million jobs indirectly. Over INR 15,000 crores of investment would be rendered useless by the ban. He expressed hope that the State Empowerement committee meeting on 27th June, 2018 would permit use of bags by small businesses like kirana stores, lijjat papad etc.

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SONGWON underlines commitment to packaging industry with new ink binders and adhesives

SONGWON Industrial Group is exhibiting its expanding range of ink binders and adhesives at ProPak, Asia’s number one show for food, drink & pharmaceutical processing and packaging. A leading specialist in polyurethane ink binder technology for gravure and flexography printing inks and polyurethane laminating adhesives used in flexible packaging laminates, SONGWON will showcase its latest high-performance products and solutions. “Our presence at ProPak demonstrates SONGWON’s commitment to the packaging industry,” emphasizes Kyuyeol Lee, Leader Business Unit TPP. “We are innovating continuously in the packaging field, leveraging our many years of…

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News Plastic Industry 

Clariant inaugurates new Additives production facilities in China

Clariant, a world leader in specialty chemicals, today announced the official opening of two new, fully-owned additives facilities at its site in Zhenjiang, China. This completes a multi-million CHF investment originally announced last year and puts Clariant’s Additives business in China on track to further expand its offering of customized, high-end solutions for the plastics, coatings & ink industries. “This completed investment in the Zhenjiang Economic and Technological Development Zone marks another milestone in our commitment to expand capability and capacity in China, one of the most important strategic markets…

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News Plastic Industry 

ASEPTO by UFLEX at PROPAK

With encouraging response from the market already, ASEPTO – the aseptic liquid packaging brand from the house of Uflex Limited – India’s largest multinational flexible packaging materials and Solution Company will test waters for its holographic applications in aseptic liquid packaging by participating in Propak China. Talking about the potential that the brand beholds, Mr. Ashwani Kumar Sharma, President and CEO of New Business Initiatives, Uflex Limited, said, “This show, considered to be the carnival of processing and packaging technology industry will help us showcase ASEPTO’s holographic excellence in the…

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News Plastic Industry 

ExxonMobil Singapore Butyl and Resins Plants Begin Production

ExxonMobil has started production of hydrogenated hydrocarbon resin and halobutyl rubber at its integrated manufacturing complex in Singapore, the company’s largest integrated refining and petrochemical complex in the world. “These new plants enhance the competitiveness and strategic importance of ExxonMobil’s integrated manufacturing facility in Singapore, and are part of the company’s long-term plan for advantaged investments around the world,” said John Verity, president of the ExxonMobil Chemical Company. “We remain committed to safe and environmentally-responsible operations as we manufacture products that support better living standards and economic progress for a…

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News Plastic Industry 

Clariant breaks ground on joint venture production site in Cangzhou, China

Clariant, a world leader in specialty chemicals, and Beijing Tiangang Auxiliary Co., Ltd. (Tiangang), conducted a groundbreaking ceremony in Cangzhou (China), just over 200 km south of Beijing. The ceremony marked the start of the construction of a world-class production facility for stabilizers for plastics and textiles that will form the heart of the joint venture between both parties. The event was marked by a special event with representatives from both companies, as well as local officials. The joint venture between Clariant and Tiangang was established in September 2017, and…

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News Plastic Industry 

Global Masterbatch market projected to reach US$13 billion by 2024

The global Masterbatch market is projected to reach US$13 billion by 2024, driven by the rising significance of colorful plastics in major end-use markets of packaging, construction and automotive sectors. Technology advancements aimed at improving masterbatch characteristics and increased focus on biodegradability will also drive growth in the coming years. Masterbatches are omnipresent raw materials used as colorants for plastics. Masterbatch has become an indispensable product with applications in almost all areas of plastic processing, including injection molding, extrusion, rotational molding, sheet, film, and blow molding. Masterbatch allows processors to…

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News Plastic Industry 

Detailed clarification on Plastics items banned in Maharashtra awaited

The empowered committee is scheduled for Wednesday 27th June, the minutes of the last expert committee meeting will only be cleared in this meeting. The confirmation of exemptions or what is exactly banned in maharashtra is unclear till then. What we are seeing in the media is only an interpretation. The government in principal has also agreed to release a list with PICTURES of the banned items which will be released by MPCB shortly. Akhilesh Bhargava Chairman Environment Committee AIPMA(All India Plastic Manufacturers Association)

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News Plastic Industry 

Global Thermoform Packaging Market Will Reach USD 51.5 Billion by 2024

Zion Market Research has published a new report titled “Thermoform Packaging Market by Material (Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Polyethylene (PE), Polystyrene (PS), Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), and Others), Paper & Paperboard, Aluminum, and Others); by Heat Seal Coating (Water Based, Hot Melt Based, and Solvent Based); by Packaging Type (Blister Card Packaging (Full Face Seal, Trapped Blister, Face Seal, and Others), Clamshell Packaging, Skin Packaging, and Others); by End-user (Pharmaceuticals, Food and Beverages, Electronics, Consumer Goods, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024’’….

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