Page 48 - Plastics News February 2024
P. 48

BUSINESS NEWS





                                             tries,  such  as  disposable  packaging,  tar, the United Arab Emirates, Oman,
                                             IML food packaging, medical packag-  Egypt,  and  Sudan,  which  provide
                                             ing, and disposable consumables.    strong support for its local market ex-
                                             With the expansion of global layouts   pansion and customer service.
                                             and  business  operations,  China's  In  the  future,  YIZUMI  will  continue
                                             manufacturers  have  begun  to  build  to  invest  resources  in  developing  its
                                             production  bases  abroad.  Due  to  support capability and mechanism to
                                             their substantial market demand and  meet  global  customers'  demand  for
                                             geographical advantages, Arab States  high-quality services and create more
                                             have become major locations for Chi-  value for global customers.
                                             na's manufacturers and supply chains
          The  PAC280K3  high-speed  injec-  to develop overseas.
          tion molding machine features an in-  YIZUMI  is  dedicated  to  provid-
          creased  maximum  system  pressure   ing  more  cost-effective  solutions  to
          by more than 10%, reaching 19MPa.   global  customers  while  adhering  to
          Also, its overall mold clamping rigid-  its  tagline  of  "Think  Tech  Forward"
          ity  is  enhanced  by  more  than  25%,   and  comprehensively  improving  its
          making it suitable for the molding of   global  customer  service  capabilities.
          thin-wall and deep-cavity products. It   YIZUMI now has service networks in
          has brought stable and high-speed so-  Arab States, such as Saudi Arabia, Qa-
          lutions for thin-wall products in indus-

          Shaping the future of the plastics and rubber industries

                                             mentum.  At  the  same  time,  China's  tions to enfold the accelerated indus-
                                             manufacturing industry is undergoing  trial  transformation,  enhancing  new
                                             a remarkable transformation, shifting  advantages  and  new  momentum  for
                                             from  its  traditional  "Made  in  China"  high quality industrial development.
                                             reputation  to  embracing  innovation   Keep Abreast of the Industrial Trans-
                                             with  the  concept  of  “Innovated  in   formation
                                             China”, gaining competitive advantage   The  new  generation  of  information
                                             in the global market.               technology,  new  energy,  bio  manu-
                                             CHINAPLAS 2024 provides an excel-   facturing, commercial aerospace, and
         CHINAPLAS 2024 provides an excel-   lent platform for buyers who are pur-  low-altitude economy are rapidly de-
         lent platform for buyers who are pur-  suing  innovative  plastics  and  rubber   veloping in China. The export perfor-
         suing  innovative  plastics  and  rubber   solutions  to  enfold  the  accelerated   mance of China's “new three”– solar
         solutions  to  enfold  the  accelerated   industrial transformation.    panels, lithium-ion batteries, and elec-
         industrial transformation.          CHINAPLAS 2024, the region’s fore-  tric vehicles is particularly impressive.

          The year 2023 marked a turning point   most  platform  to  promote  latest  China’s  high-tech  industries  enjoy  a
          for China as doors reopened, reveal-  market  trends,  breakthrough  tech-  growth and experience breakthrough
          ing  a  multitude  of  opportunities  and   nologies  and  innovative  solutions  of  in  recent  years.  In  2023,  the  capac-
          pathways.  Under  the  resumption  of   plastics and rubber industries, will be  ity of renewable energy facilities has
          normalcy, the economy grew at a rate   staged at the National Exhibition and  exceeded  1.45  billion  kilowatts  and
          of 5.2% in 2023, according to the Na-  Convention Center (NECC) in Hong-  has  surpassed  coal  power  for  the
          tional Bureau of Statistics of China. As   qiao,  Shanghai,  China,  from  April  first time. Among these, wind power
          the  economy  recovers,  sectors  such   23-26, 2024. It provides an excellent  installation  reached  440  million  kilo-
          as automotive, consumer electronics,   platform for buyers who are pursuing  watts, maintaining its position as the
          and e-commerce have regained mo-   innovative  plastics  and  rubber  solu-  world leader for the 13th consecutive



          50    PLASTICS NEWS                                                                        February 2024
   43   44   45   46   47   48   49   50   51   52   53