Bioplasticizer-Avient Vietnam

  • Bioplasticizer-Avient Vietnam
  • Bioplasticizer-Avient Vietnam
  • Bioplasticizer-Avient Vietnam
  • When will Avient expand its production capabilities?
  • CLEVELAND – January 15, 2021 – Avient Corporation, a premier provider of specialized and sustainable material solutions and services, will complete an expansion of existing production capabilities for color concentrates at its Binh Duong site in Vietnam by next month.
  • How will Avient improve local turnaround for color concentrates?
  • Avient’s enhanced local turnaround for color concentrates will support middle to high end markets with consistent color quality, creative application of special effects, and unique colors to enhance product appeal and match branding requirements. With the expansion, Avient will also improve lead times for color matching locally.
  • Why should you invest in Vietnam's plastics industry?
  • In addition, we can be more responsive in accelerating customer development times and help them to reduce time to market.” According to Vietnam Economic News, Vietnam’s plastics industry is currently experiencing an annual growth rate of 16 to 18 percent, with key segments including packaging, construction and electronics.
  • Will Vietnam stop using disposable plastic by 2021?
  • Vietnam has adopted an ambitious roadmap to stop using disposable plastic at stores, markets and supermarkets in urban areas by 2021 and in the whole country by 2025, and replace them with biodegradable materials. Biodegradable materials can completely decompose into water, carbon dioxide (CO2) and biomass under the impact of microorganisms.
  • Who is an Phat bioplastics?
  • Dr. Nguyen Le Thang Long, Director of Research and Development at An Phat Holdings, said the group is the first producer in Vietnam to be granted the international certificate TUV Vincotte OK HOME CONPOST for microbiological products. An Phat Bioplastics is one of five Asian companies which are members of the European Bioplastics Association.
  • Is plastic waste a problem in Vietnam?
  • According to a report by Ipsos Business Consulting, a global growth strategy consulting firm based in Paris, Vietnam’s per capita plastic waste is the third highest in Southeast Asia after increasing more than 10-fold in the last three decades. The country generates 1.8 million tonnes of it annually, but recycles only 27 percent, the report said.

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