Page 35 - Plastics News May 2017

FEATURES
FEATURES

The world's leading chemical company, BASF, was (Beijing) Co., Ltd. Admission was not only free on the
exclusive event partner of the concurrent event "Design last day, but had a gift upon entry.
× Innovation" this year, with the theme of "Smarter The concept Car
Living". Prototypes of creative product design on smart
living, including robotics and inflatable bicycle tires, are BASF and Hyundai Motor partnered for high performance
being showcased. Meanwhile, a number of seminars were RN30 Concept Car. The RN30 combines key solutions from
organized to uncover the latest market trends for different the plastics industry with purposeful aerodynamic design
end user markets. and specialized high-performance technologies.
These include the "3rd Medical Plastics Conference",
"Seminar on Barrier Properties of Food-Contact Materials",
"China Blister Technologies Summit", "Seminar on Cutting-
edge Plastics Application in Consumer Electronics
Industry", "Seminar on Systematic Injection Moulding
Solutions for the Automotive Industry", and "Seminar on
Plastics Application Solutions for New Energy Vehicles",
are just some of the sessions scheduled. Also not to be
missed were 50+ technical seminars, as well as the "Plastic
Beverage Bottles Recycle & Reward Activity," co-organized
by CHINAPLAS and INCOM TOMRA Recycling Technology

China's machinery industry booming

Factories, in Indonesia, Vietnam, India and elsewhere, are still a prime market for China's cost-
competitive plastics machinery sector.

n the eve of this year's Chinaplas, the organizer of the "The One Belt One Road, by focusing on infrastructure
Ogigantic trade show were bullish. "China [plastics] linking countries around the world, especially the
machinery nowadays is No. 1 in terms of volume. China developing countries, provides a big visitor base for
is exporting a lot," Stanley Chu, chairman of Hong Kong- Chinaplas. They're coming here to source material and
based Adsale Exhibition Services Ltd., told reporters at a machinery," Chu said.
May 15 pre-show news conference.
Building that infrastructure will require lots of plastics
One engine of that growth is Beijing's "One Belt One Road" building materials, and that will fuel even more demand,
initiative to drive exports throughout Asia, Europe and Chu added. "So I see 'One Belt One Road' having a big
Africa, Chu said. impact," he said.

The Chinese plastics processing sector has traditionally
been pyramid shaped, with legions of small, low-cost
enterprises competing against a handful of big, highly
automated enterprises at the top, Chu said. The escalating
cost of mainland labor is driving the low-end factories to
other Asian countries. But those factories, in Indonesia,
Vietnam, India and elsewhere, are still a prime market
for China's cost-competitive plastics machinery sector.
The annual Chinaplas show alternates between Guangzhou
and Shanghai. Last year, 148,575 visitors trouped through

35 May 2017 | Plastics News