Page 50 - Plastics News February 2024

BUSINESS NEWS

power of digitalization, the plastics as key players but have also made Shanghai
and rubber industries can optimize significant strides in building world- China's foreign trade is experienc-
processes, reduce waste, and re- class brands. The “Made in China” ing a consistent growth in both scale
spond swiftly to market demands, ul- label now represents more than just and quality. Chinese enterprises are
timately fostering sustainable growth affordability, it also signifies a commit- proactively expanding into overseas
and maintaining a competitive edge in ment to innovation and the adoption markets, with a focus on the ASEAN
an increasingly digitalized world. of high-end technology. Companies countries aligning with their “going-
CHINAPLAS 2024 will introduce a in China are increasingly investing out” strategy and the Regional Com-
full spectrum of smart manufactur- in R&D, pushing the boundaries of prehensive Economic Partnership
ing solutions and machinery in In- technological advancements across (RCEP). In response, CHINAPLAS
jection Molding Machinery & Smart the plastics and rubber industries. By team has spread its legs across Viet-
Manufacturing Technology Zone with combining manufacturing expertise nam, Indonesia, Malaysia, India, Japan,
over 57,000sqm. Renowned global with cutting-edge technologies, indus- Turkey, Egypt, Mexico, Germany, Italy
companies like Arburg, Kraussmaf- try professionals are driving industry and Taiwan Region, to invite local as-
fei, Demag, Wittmann, Engel, Motan, growth, offering a diverse range of sociations, enterprises and potential
Kawata, Matsui, Fanuc, B&R, Sepro, high-quality products, and solidifying buyers to visit CHINAPLAS. Exhibi-
Beckhoff, Staubil and leading local China's position as a global leader in tors at CHINAPLAS shall undoubted-
suppliers Haitian, Tederic, Borch, Yi- these industries. ly expect to discover and seize more
zumi, Bole, Shini, LK, Topstar, etc. will This year, in response to the national new business opportunities on the
demonstrate how digitalization can and provincial policies, the exhibition fairground.
enhance efficiency, productivity and will gather more than 850 enterprises China has granted visa-free entry to
transformation of the industries. which is recognized as “Profession- citizens from France, Germany, Italy,
Showcasing Manufacturing Excel- alization, Refinement, Specialization the Netherlands, Spain, Malaysia,
lence: The Global Significance of and Innovation (PRSI)”, of which over Thailand, Switzerland, Ireland and
“Made in China” 250 have been awarded as a “Little Singapore has also introduced new
“Made in China” holds tremendous Giant”. The goal is to facilitate niche measures to simplify visa processes,
global significance in the plastics and companies’ innovations and promote making the trip to CHINAPLAS easier
rubber industries, symbolizing manu- the initiatives of the Government and more convenient. CHINAPLAS
facturing excellence and the prowess of the People's Republic of China in 2024 is ready to accommodate more
of Chinese companies. Renowned for strengthening the cultivation of niche international visitors in Shanghai.
their cost-effectiveness and industrial companies towards “PRSI”.
capabilities, Chinese manufacturers Pre-register Now to Witness the
have not only established themselves Strong Comeback of CHINAPLAS to
Reliance becomes first in India to use chemical recycling for circular polymers

NIReliance becomes first in India ing the circular economy in India. future," the release stated.
Ato use chemical recycling for cir- Reliance shipped its first batch of IS-
cular polymers. CC-Plus certified circular polymers,
Reliance Industries on Friday said it named CircuRepol (Polypropylene)
has become the first Indian company and CircuRelene (Polyethylene).
to chemically recycle plastic waste- "RIL's commitment to sustainability
based pyrolysis oil into International is demonstrated through its innova-
Sustainability and Carbon Certifica- tive methods like chemical recycling
tion (ISCC)-Plus certified circular which help create a Circular Econ-
polymers. omy. The company firmly believes
In a release, it said this innovation is a in finding smart solutions to reduce
testimony to Reliance's commitment plastic waste and inspire others to
to reducing plastic waste and support- join in this journey towards a greener

52 PLASTICS NEWS February 2024