Plastic, rubber industry exhibition opens in HCM City
HCM City (VNA) - The Vietnam International Plastics and Rubber
Industry Exhibition (VietnamPlas) opened on October 3 in HCM City, showcasing
advanced technologies and machinery and equipment used in the plastics and
rubber industry.
The event attracts more
than 580 exhibitors from 18 countries and territories, including Austria,
Australia, Belgium, China, Germany, Hong Kong, India, Italy, Japan, Malaysia,
New Zealand, Singapore, the Republic of Korea, Switzerland, Taiwan, Thailand,
the US and Vietnam.
They include extruder brands Everplast, Ming Jilee and Kim Minh; blow moulding
machinery suppliers Chum Power, Quingdao Weier, Kim Cuong and OPEC; blown film
equipment makers Polystar, Chyi Yang, Full Shine and Ye I; injection
molding machinery producers E-Shine, Jing Day and Pan Stone; and plastic
recycling machinery leaders Atlas, Changshu Shi Shouyu, LaiZhou
Jinlida and Nanjing Tengda.
VietnamPlas also features raw materials such as masterbatches, PVC additives
and engineering polymers and compounds.
Leading brands from around the world have brought high-calibre plastic
processing machinery and cutting-edge advancements and applications to help
local manufacturers upgrade their production lines.
A number of seminars, including “Intelligent and Sustainable: Guidelines for
Industrial Upgrades”, "First step to Plastics 4.0, Technology and Future
of Rubber” and “Circular Economy” will be held during the four-day exhibition,
according to the organisers.
Speaking to the media, Nguyen Quoc Anh, Chairman of the HCM City Rubber-Plastic
Manufacturers Association, said this year, export of natural rubber has
fallen significantly but that of rubber tyres and technical rubber was up
sharply.
Tyre exports were worth1 billion USD in the first half of the year, an increase
of 30 per cent over the same period last year, he said.
Talking about the prospect for the rest of the year, he said: “Exports to
the US and EU will be good, but shipments to the Republic of Korea and China
will face difficulties.
“The Chinese and Korean
currencies have depreciated by 3-4 percent and 6 percent against the US dollar,
making Vietnamese products less competitive in the two markets.”
So the exhibition offers a good opportunity for local manufacturers to access
new technologies to reduce costs and improve their competitiveness, he said.
Ho Duc Lan, Chairman of the Vietnam Plastics Association, said exports of
plastic products grew by 5 percent year-on-year in the first nine months.
The industry has an opportunity to boost exports this year, he said, adding
that with the current growth momentum, it would surely meet the target of 3.2
billion USD.
Organised at the Saigon Exhibition and Convention Centre by the Vietnam National
Trade Fair and Advertising Company in cooperation with Yorkers Trade and
Marketing Service Co., Ltd. and the Vietnam Plastics Association, VietnamPlas
will run until October 6./.