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Indian plastics industry is poised to witness double digit growth rate

The All India Plastics Manufacturers’ Association (AIPMA), founded in 1945, is the largest apex body of the plastic industry playing a proactive role in development of plastic sector in India. AIPMA is catalyst for growth of the plastic industry.Read more

PlastIndia conference to focus on sustainability and profitability

With the economy recovering and heading for an upbeat growth, companies are optimistic about new business opportunities. True to the spirit of rejoicing the recovery, PlastIndia International Conference 2018, to be held at Gandhinagar (Gujarat) from February 8-9, will embark on an interesting voyage to discover ways for sustainability and profitability with the theme “Empowering sustainable and profitable growth”.Read more

Indian engineering plastics market is will grow at CAGR of over 13%

German specialty chemicals major Lanxess is one of the leading suppliers of high-tech plastics for the automotive and electronic industries.Read more

Lower taxes post GST rejig to benefit plastics industry

Welcoming the reduction in GST rates across the spectrum of products from 28% to 18%, the plastics industry feels the move will give a boost to the industryRead more

Slewing ring bearing from igus facilitates equipment monitoring

The lubrication-free and maintenance-free polymer slewing ring bearings from igus are suitable for installations where reliability is required. In order to avoid failure of the bearings and an unscheduled shutdown of equipment, igus has now developed the intelligent isense slewing ring bearing.Read more

High performance plastic market to reach $ 6,979 million in 2021

The global high performance plastics market in the transportation industry was estimated to be $ 5,182 million in 2016 and this is projected to reach $ 6,979 million by 2021, growing at a CAGR of 6.1% during 2016-2021 on account of supportive government policies and regulations, growing usage of high performance plastics by automotive and aviation industries and rising demand for plastics (with higher temperature stability, chemical resistance and better mechanical properties) worldwide.Read more

Indian packaging sector: Packed to perfection

Driven by the recovering economy and falling inflation rate, which enables consumers to buy more products, packaging has been registering a positive volume performance in India in the last couple of years. Nonetheless, Indian consumers are considered to be price-conscious and continue to seek value for money. This has led to rising demand for bulk packs.Read more

Lightweighting pushing demand for automotive plastics

The automotive manufacturers, looking to minimise manufacturing cost, are opting for plastics over steel due to its cost-effectiveness. Moreover, India is one of the major producers of automotive plastics, hence during last half a decade, demand for automotive plastics have reported an exponential growth.Read more

Indian plastics machinery industry needs ‘co-opetition’ to grow

Plastics Machinery Manufacturers Association of India (PMMAI) believes in ‘co-opetition’ - a term denoting cooperation between competitors. It is true cooperation between all types of machinery manufacturers regardless of size, scale or given product portfolio. PMMAI works for plastics industry as a whole: including raw material producers, machinery manufacturers and plastics processors. It is a novel approach in India where industry can work together supported on three pillars of Read more

INEOS Styrolution to expand its compounding capacity in India

INEOS Styrolution, the global leader in styrenics, announced its plans to increase compounding capacity for engineering plastics by an additional 34,000 metric tonnes per annum at its Moxi plant located in Gujarat, India.Read more

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