Industry News

Top 10 facts about plastic

THE creation of Bakelite, the first commercially successful totally synthetic plastic, was announced by its inventor Leo Baekeland on February 5, 1909.

Binh Duong attracts US$25 billion in FDI

The southern province of Binh Duong has so far attracted 2,713 foreign-invested projects with a total capital of around US$25 billion, including US$16 billiondistributed to 1,635 projects that are underway in industrial parks (IP).

Dong Nai’s FDI attraction surpasses 134% of the year’s plan

Dong Nai province attracted US$1.34 billion in new and additional foreign direct investment (FDI) pledges as of July 19, up 20% year-on-year and equivalent to 134% of the year’s plan, according to the provincial Department of Planning and Investment.

ASEAN region sees favorable climate for plastics

The plastics industry in Southeast Asia remains strong, thanks to a growing middle class, weakening of most currencies against the U.S. dollar and new trade agreements. Messe Düsseldorf, the organizer of the K 2016 trade show in Germany, recently took a closer look at the market.

Dong A Plastic to triple Danpla sheet production capacity

Dong A Plastic Group (DAG) is going to produce largest-size Danpla sheets in Vietnam after receiving a production line from Chinese company Handern Group.

Thailand’s Siam Cement earmarks $6b to bolster presence in Vietnam’s plastics industry

Thailand’s Siam Cement Group (SCG) is planning to allocate as much as $6 billion to strengthen its presence in the Vietnamese plastics and packaging industry, according to a Vietnamnet report, which cited speakers at a recent seminar.
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