PETnews 6 NEWS PETplanet Insider Vol. 24 No. 04/23 www.petpla.net Chinaplas 2023: first-time use of all 18 exhibition halls of the Shenzhen World Exhibition & Convention Center Chinaplas 2023, to be held at the Shenzhen World Exhibition & Convention Center, PR China (SWECC), on April 17-20, 2023, will be the first world-class plastics and rubber industry event held in China after the relaxation of pandemic controls. “Over the past year, the uncertain and unpredictable environment has increased the difficulty of organising the exhibition. However, this year the exhibition can still set a new record in terms of scale, with a total area of 380,000m2, an increase of 8.6% from the 2021 exhibition. It is the first time for us to use all 18 exhibition halls of SWECC. It is encouraging and reflects the high confidence and expectations of the industry. Together with more than 3,900 prominent renowned exhibitors from all over the world, the show will follow the themes of high-quality development and vigorous development of advanced manufacturing, join hands together with the industry towards high-end manufacturing, smart manufacturing, and green manufacturing,” said Ms. Ada Leung, General Manager of organiser Adsale Exhibition Services Ltd. at a press conference held in Shenzhen on March 29. Over 3,900 exhibitors from China and abroad are showcasing a full array of solutions, including over 200 world / Asian debut technologies. It is expected that more than 1,400 materials suppliers and 3,000 sets of machinery exhibits will be on the same stage. Industry development At the press conference, the leaders of the exhibition organisers and co-organisers shared their insights on the current situation of plastics industry and made predictions and suggestions. In 2022, the total production of plastic products in China was 77.716 million tons, a year-on-year decrease of 4.3%; the revenue and profit of China’s plastics machinery industry decreased by 7% and 11% respectively compared to the previous year. The profit margin remained at 10%, which was higher than the overall machinery industry’s profit margin of 6% during the same period. Since the start of 2023, China’s economy has achieved a stable and upward trend, and all sectors have started to strive for economic development. This year, the “Government Work Report” proposes a target for the expected growth of China’s gross domestic product (GDP) of around 5% in 2023, focusing, amongst other things, on expanding domestic demand, accelerating the construction of a modern industrial system, strengthening the support of scientific and technological innovation for industrial development, promoting energy conservation, carbon reduction, and pollution reduction in key areas. www.chinaplasonline.com Aptar Closures acquires majority stake of Gulf Closures Aptar Closures, a global player in dispensing closures and active material science solutions, announced the acquisition of majority stake in Gulf Closures, a closure manufacturer for beverage products in Bahrain. With the acquisition, Aptar Closures intends to leverage its global business capabilities and Gulf Closures’ manufacturing expertise, regional network, and experienced team to better serve the company’s existing customers in the Middle East, while opening new market opportunities and strengthening its presence in the region. Gulf Closures employs approximately 60 people at its facility in Bahrain and holds ISO and FSSC certifications. Gulf Closures is a partner to several global and other major local beverage brands in Gulf Cooperation Council (GCC) countries, Levant, and Africa. www.aptar.com sidel.com COMBINING ROBOTICS WITH COBOTICS High palletizing performances in a compact footprint. With RoboAccess_Pal S, Sidel delivers an agile robotic palletizing unit ensuring fast Return on Investment with higher speed and payload.
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