Vietnam's plastics processing industry is projected to grow by 16-20% annually up to 2010Prominent speakers from the Vietnam Plastics Association as well as global experts shared their insights on topics such as new trends in the plastics industry in the region, orientation of the plastics industry in Vietnam and industry's requirements for plastics technology in Vietnam. They also addressed global trends in PP and PE, development in bioplastics and plastic modification processes. Vietnam is an attractive market for some of the global players with projected investment required in plastic processing equipment in Vietnam to reach $3 billion from 2005-2010. This is assuming that targeted export revenues during this period hit $1 billion. Europe has been in the forefront of the development and manufacture of machinery, raw material and R&D in rubber and plastics processing in Vietnam as indicated by the large number of European exhibitors and visitors at the show.
Major industries push demand for plasticsVietnam's position as a promising leading importer of processing machinery and raw materials was affirmed during the first edition of the show which gathered 115 exhibitors and was attended by 5,785 visitors from 35 countries, of which 87% came from the Southern region of Vietnam where 80% of the plastics process industry is located. The second edition of premier plastics and rubber processing machinery and manufacturing technologies is timely, according to industry insiders, considering Vietnam's accession to the World Trade Organization combined with its membership to the Association of Southeast Asian Nations (ASEAN). The market comprises 560 million people giving Vietnam full exposure to global and regional opportunities.
Vietnam is the world's third largest rubber producerVarious industries are also fuelling demand for plastics materZapatillas Running Baratas
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