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Global Plastics Industry Hot News

August 10, 2024

  1. Breakthrough in Low-Temperature Decomposition of Polyethylene in Japan: A research team in Japan has announced a breakthrough in the low-temperature decomposition of polyethylene, offering new hope for the plastic recycling sector and expected to significantly improve the efficiency and quality of recycled polyethylene.

  2. In-Depth Analysis of Europe's 'Plastic Tax' Policy: With growing concern over plastic pollution in Europe, the plastic tax policy has become a focal point. Recent analysis shows that the policy has not only driven green transformation among plastic manufacturers but also prompted the entire plastic supply chain to prioritize sustainability.

  3. Nordic Region Launches Recycled Plastic Component Reels: The Nordic region has once again showcased its innovative prowess in environmental protection by introducing component reels made from recycled plastic. This not only reduces resource consumption but also demonstrates the potential of recycled plastic in high-end applications.

  4. Canon Introduces New Plastic Sorting Equipment: Canon has launched a new plastic sorting device utilizing Raman spectroscopy technology. This equipment can accurately identify and classify black plastics, providing strong technical support for the plastic recycling industry.

  5. Strengthened International Cooperation in Plastic Circularity: Leading international petrochemical giants such as BASF and ExxonMobil have intensified cooperation in plastic circularity, jointly promoting the development of a circular plastic economy through partnerships and technological innovations.

Chinese Plastics Industry Hot News

  1. Chairman of Jinhua Chun Guang Rubber & Plastics Wins Prestigious Award: Chen Zhengming, the chairman of Jinhua Chun Guang Rubber & Plastics Technology Co., Ltd., has been honored with the title of "National Model Ex-Serviceman." This recognition not only acknowledges his personal contributions but also reflects the Chinese plastics industry's emphasis on social responsibility.

  2. Haikou Implements New "Plastic Ban" Model: Haikou City has introduced a new model to address "white pollution" with "green solutions." By promoting the use of biodegradable plastics and strengthening supervision, the city has effectively reduced the use of traditional plastic products, setting an example for urban environmental protection.

  3. Support for Biodegradable Plastics in Food Packaging: Guangdong Province has issued policies explicitly supporting the application of biodegradable plastics in food packaging. This measure will further drive the development of the biodegradable plastic market and meet consumer demand for eco-friendly packaging.

  4. Technological Innovations in Chinese Petrochemical Enterprises: Domestic petrochemical enterprises such as Sinopec and PetroChina are actively exploring the path to green development, achieving multiple technological breakthroughs in plastic recycling, including advancements in POE technology and the realization of a closed-loop recycling system for polycarbonate.

  5. Release of Plastic Industry Standards: The China Plastics Processing Industry Association and other institutions have issued several national standards for the plastic industry. These standards will further standardize the development of the industry and enhance product quality and environmental performance.

  6. Successful Online Seminar for the Plastics Industry: Hosted by Matsui Manufacturing Co., Ltd., the "Green Molding Webinar Week" Chinese session was successfully held recently, attracting numerous companies operating in Chinese-speaking countries to jointly discuss the green transformation and sustainable development of the plastics industry.


This summary showcases the latest advancements in both the global and Chinese plastics industries, highlighting technological innovations, policy advancements, and environmental practices. As global concern for environmental issues grows, the plastics industry is evolving towards greater sustainability.

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