PlastIndia 2018: Experts push capacity increase

PlastIndia 2018: Experts push for capacity increase

9:42 AM, 13th February 2018
Vijaybhai Rupani, chief minister, Gujarat (center) and other prominent dignitaries at PlastIndia 2018.
Vijaybhai Rupani, chief minister, Gujarat (center) and other prominent dignitaries at PlastIndia 2018.

AHMEDABAD, INDIA: PlastIndia 2018, a colossal international exhibition, conference and convention on plastics organized by PlastIndia Foundation was inaugurated by Gujarat chief minister Vijay Rupani.

The six-day conference, held on 7 to 12 February, in Ahmedabad, India, created a common platform for end users, manufacturers and global plastic industry thought leaders from across the nation.

The chief guests were Dr J N Singh, chief secretary, Gujarat; Avinash Joshi, MD, OPal; Parindu K Bhagat, Ind. Director, IOCL and Pujya Bhai; Ramesh Oza, founder, Sandipani Vidyaniketan and also a Hindu spiritual leader honoured the inaugural ceremony.

"Plastics have penetrated deep into our everyday lives. Of the total oil production in the world, 8 percent is utilized in the manufacturing of plastics. In India, while plastic consumption per person is 9.7 kilogram, the figure stands at 109 kilograms per person in US. Over 10,000 MSMEs are engaged in plastics in the state. An institution dedicated to research and study in plastics is on way. The state is one of the largest producers of plastics in the country. The state has done investment worth Rs 1400 crore. We do 1/4th plastic waste recycling. We have offered interest subsidies to enthuse the sector. A dedicated plastic park in Sanand is underway. PlastIndia International University is being set up. Land has been allotted. MSMEs have received a policy push in the Budget 2018-19. To minimize adverse effect on the environment is also our key responsibility," said Vijay Rupani.

"PlastIndia Foundation is promoting quality innovation in plastics and working on holistic solutions for recycling. A PlastIndia International University is being set up in Vapi on a 50-acre plot for Undergraduate and Postgraduate courses. India is one of the fastest growing economy and plastics are one of the biggest contributors to the story. Plastics are all about inclusive and futuristic growth and a large middle class, the youth, higher disposable income, large infrastructure projects are driving the growth," added KK Seksaria, president, PlastIndia Foundation.

Various industries such as Dow Packaging and Specialty Plastics, Clariant, Kraton, Sundaram Polymers etc exhibited their innovative products at the event.

Dow Packaging & Specialty Plastics (P&SP) has advanced its partnership with a local leading barrier film manufacturer, Vishakha Group, to develop a “Recyclable Barrier Film” for liquid packaging at PlastIndia 2018. This allows for an increased use of recycled plastic materials and provides an incentive for recovery of post-consumption plastics waste.

Clariant highlighted how its speciality chemical products and solutions provide appealing functionality, in addition to sustaining product safety and environmental compatibility for customers in the global megatrends areas of lifestyle, health & nutrition, urbanization and mobility in India.

Kraton Corporation presented its trademark speciality polymer technologies at the event. With the brand promise of "Sustainable Solutions. Endless Innovations", the company showcased a broad product portfolio that improves application performance and enhances the lives of people all over the world.

Sundaram Polymers, a division of Brakes India Pvt Ltd displayed new products - compounded grades based on carbon fibre and complex coloured products. These products are customized to meet customer specifications and cater to various market segments like automotive, appliances, electrical & electronics, telecommunications and other engineering sectors. 

Overall, the event concluded that the Indian plastics industry eyes a buoyant future with India expected to be the third largest plastic consumer on the planet by 2020. Nearly 2 times growth in the consumption of plastics by packaging industry alone in the next 5 years is foreseen. A 3X growth in per capita plastics consumption in the next 10 years is likely to happen. Agriculture will consume 2 million tonnes of plastics by 2020. A 13 percent CAGR for engineering plastics by 2020 is likely.

© Worldofchemicals News

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