PETpla.net Insider 04 / 2021

PETplanet Insider Vol. 22 No. 04/21 www.petpla.net 49 TRADE SHOW REVIEW expand and enhance its applications, the quality of plastic products and services, following to the expansion of the consumer market. The industry will continue to strengthen environ- mental development. Su Dongping, Executive Deputy Presi- dent of China Plastics Machinery Indus- try Association Ms Su Dongping, Executive Deputy President of China Plastics Machinery Industry Association, presented on the Development Status and Prospects of China’s Plastics Machinery Industry. During the 13 th Five-Year Plan, reve- nues reached RMB81billion (US$12.4 billion), at an average annual growth rate of 5.7%. Average annual growth in export value, major business income, total pro fi t, and research and develop- ment expenses of the leading plastics machinery companies reached 6.34%, 10.03%, 11.33%, and 12.11% respec- tively. During the 14 th Five-Year Plan, annual revenues may well exceed RMB100 billion (US$15.3 billion); they and total pro fi ts are expected to grow by over 6% annually. R&D investment will account for more than 6% of busi- ness income and professional techni- cal personnel will account for more than 25% of industry employees. In his presentation on Europe’s Plastics Machinery Industry - Eco- nomic Situation and Sustainability Goals 2020/2021, Mr Thorsten Kueh- mann, Secretary General of Europe’s Association for Plastics and Rubber Machinery Manufacturers (Euro- map) said that the industry is in good shape, overall. Plastics and rubber machine sales grew by 7% in 2020, despite plastics’ image being under pressure. The industry has to drive towards the circular economy and to get across the message that plastic is good for climate. Fu An, President of the Guangdong Plastics Industry Association Mr Fu An, President of the Guang- dong Plastics Industry Association, presented on the Development of & Forecast for the Plastics Industry in the Greater Bay Area. China strongly supports the development of the Area, as evidenced by the Outline Development Plan for the Greater Guangdong-Hong Kong-Macao Bay, implemented in February 2019. The Guangdong Provincial Key Construc- tion Project Plan in 2020, issued by the Guangdong Provincial Develop- Whether it is inhouse, post- consumer or bottle recycling: you can only close loops in a precise and profitable way if machines are perfectly tuned for the respective application. Count on the number 1 technology from EREMA when doing so: over 6000 of our machines and systems produce around 14.5 million tonnes of high-quality pellets like this every year – in a highly efficient and energy-saving way. WE DRIVE THE CIRCULAR ECONOMY. CHOOSE THE NUMBER ONE. VISIT OUR virtual showroom ShowHello! 2103029ERE_PETplanet.indd 1 24.03.21 09:54