MarketTrends
Biotechnology at the Forefront: Japan’s Ambitious Plan for Economic Growth
April 3, 2025 – Japan has unveiled a sweeping new “Bio-Nation” strategy aimed at harnessing biotechnology to tackle pressing challenges in resources, food security, and healthcare, while positioning the bioeconomy as a key driver of national economic growth. This ambitious initiative underscores Japan’s aspirations in the biotechnology sector and its strategic intent to bolster its…
Brazilian Plastics Industry Remains Optimistic Despite Tariff Threats
March 31, 2025 – The Brazilian Plastics Industry Association, Abiplast, has recently revealed that despite potential tariff threats looming over trade relations, the Brazilian plastics industry remains optimistic about its investment prospects in the coming years, with an expected annual investment of 10.5 billion rand (approximately $1.8 billion). During the industry event “Brazil Plastics,” the…
Vietnam’s Plastics Sector to Shine at the 2025 VietnamPlas Exhibition
March 28, 2025 – Ho Chi Minh City, Vietnam is gearing up for a significant event in the plastics industry – the 2025 VietnamPlas International Plastics and Rubber Industry Exhibition. Scheduled to take place from September 17th to 20th at the Saigon Exhibition and Convention Center (SECC), this exhibition stands as one of the premier…
Automotive Industry’s Race to Sustainability: The Role of Sustainable Plastics
March 28, 2025 – The global automotive industry is racing towards a new phase of sustainability, with the environmental transformation of plastic materials emerging as a central topic. The extensive use of traditional fossil-based plastics in automobile manufacturing has triggered a series of challenges, including high carbon emissions, over-reliance on resources, and recycling difficulties. IDTechEx’s…
South Korea to Unveil New PP Recycling Standards
March 26, 2025 – South Korea’s Ministry of Trade, Industry, and Energy, through its Korea Research Institute of Standards and Science (KRISS), has recently announced plans to develop and unveil standards for polypropylene (PP) recycling, aiming to boost plastic recycling efforts in the country. Since 2021, the South Korean government has been actively devising and…
A Step Forward in Plastic Recycling: trinamiX at the European Plastics Recycling Show
March 26, 2025 – trinamiX, a leading provider of mobile spectroscopic solutions and a subsidiary of BASF, is set to make a splash at the 2025 European Plastics Recycling Show (PRSE) in Amsterdam, Netherlands. At the event, trinamiX will showcase its versatile technology for identifying various types of plastics and textiles, marking a significant step…
Plastics Industry Confident in North American Trade Stability Post-USMCA Review
March 25, 2025 – During the Plastimagen Mexico international plastics industry exhibition held from March 11 to 13, Perc Pineda, Chief Economist of the American Plastics Industry Association, expressed optimism about the sustainability of North American free trade following the renegotiation of the United States-Mexico-Canada Agreement (USMCA) in 2026, despite recent fluctuations in U.S. trade…
Saudi Arabia’s Gulf 4P Expo 2025: Unveiling Innovations in Plastics, Printing, Advertising, and Chemicals
March 21, 2025 – The Gulf 4P Exhibition, focusing on plastics, printing & packaging, advertising, and chemicals, is set to take place from December 1 to December 4, 2025, at the Dammam International Exhibition Center. Organized by Dubai’s MIE Group and with Shanghai Oucheng Exhibition Service Co., Ltd. serving as the official first-tier agent, the…
Europe’s Chemical Exodus: How BASF’s €10B China Bet Signals a Global Industry Reset
March 17, 2025 – Europe’s chemical industry is undergoing a dramatic contraction, with the European Chemical Industry Council reporting the shutdown of approximately 11 million tons of annual production capacity between 2023 and 2024. Olefins capacity has been reduced by 26%, resulting in a loss of 2.86 million tons of ethylene and propylene output. According…
Fuel Shortage in Gaza: Pyrolysis Devices Become Lifeline for Residents
March 14, 2025 – Gaza Strip Grapples with Severe Fuel Crisis Amid Escalating Conflict The ongoing escalation of the conflict between Palestine and Israel has plunged the Gaza Strip into a dire fuel crisis. In a recent move that has exacerbated the situation, Israel decided to shut down three crucial border crossings connecting to Gaza,…