It's the worst enemy of environmental campaigners, but people around the world use mountains of plastic every day and business is booming for manufacturers. Business is still great for plastic manufacturers, but things may be about to change Much to the chagrin of activists, an increasingly restrictive regulatory environment appears to have put little dent in the industry's power so far. That is changing, however, and plastic giants are starting to adapt. From 2006 to 2016, global plastic output rose from 245 million to 348 million tonnes, according to the PlasticsEurope trade association. Production rose by 3.9 percent in 2017. In 2016 the growth rate stood at 4.0 percent, and in 2015 at 3.5 percent. Demand for thermoplastics alone -- which includes the most common kinds of plastic, such as PET used in water bottles, polypropylene, polyethylene and PVC -- has soared by 4.7 percent yearly from 1990 to 2017. "Is this going to continue in the coming years? We can assume it … [Read more...] about Business booming for plastic giants as change beckons
Why plastic is useful
Business Banter (05-09-2008) Why the spare-parts industry is so important by Viet Thang When Phan Anh Tuan worked for construction companies in Ha Noi three years ago, he spent hours at open-air market andmachinery trading companies to find parts for construction machines. Tuan had to buy accessories ranging from screws to link belts and blades for hydraulic excavators. He often complained that spare-parts manufactured by Vietnamese heavy-industry companies were not up to standard. He said they often broke when installed. As a result, Tuan bought imported accessories, despite their higher prices - and second-hand ones. To make high-quality accessories to match imported machinery, the supporting industry requires a big investment, plus technology and managerial skills. Through conversations with foreign and domestic investors, Tuan realised that Viet Nam’s supporting industry was in a corner. Since the nation joined the World Trade Organisation (WTO), billions of US dollars from … [Read more...] about Why the spare-parts industry is so important
VietNamNet Bridge – From January 1, 2012, plastic bags will bear the environment tax as stipulated by the Environment Protection Law. However, people still have doubts about if the goal of reducing the plastic bags in use is attainable. Under the national strategy on solid waste control approved by the government, by 2015, Vietnam will see the volume of plastic bags to be used at supermarkets and shopping malls reduce by 40 percent from that in 2010. Run before one's horse to market Once the Environment Protection Law comes into effect, every one kilo of plastic bags will bear the tax of 30,000-50,000 dong. If so, plastic bags will become more expensive, which will force Vietnamese people think carefully when using plastic bags. However, some analysts do not think that the high tax can help. Most Vietnamese people do not have the habit of bringing fabric bags when going shopping. Though people well understand the ill effects of plastic bags, more than 50 percent of the … [Read more...] about Will high tax help drive back plastic bags?
VietNamNet Bridge – In the Dong Mai lead recycle craft village in Van Lam district of Hung Yen province, Ta Thi Tan has been well known to everybody as the woman who successfully collects fumes from lead smelting. The lead recycling can bring high income and a comfortable life to Dong Mai village’s residents. 61 out of the 529 households with 500 members here have been living on the job. However, due to the lack of reasonable production management methods and waste treatment equipments, the village has become seriously polluted with lead-contaminated dust and acid waste water. According to the General Department of Environment, the lead content emission in Dong Mai is relatively high, with the lead content in water resources higher by 7.7-15 times than the allowed level, and the lead content in atmosphere by 4600 times. 100 percent of people who directly smelt lead have been contaminated with lead. Ta Thi Tan, who was born and grew up in the Dong Mai village, … [Read more...] about Collecting fumes from lead smelting – why not?
VietNamNet Bridge – The prices of many kinds of plastic bags have been increasing dramatically in the last few days. Especially, some package shops have closed the doors these days, which has made the plastic bag supply short. Plastic bags now cost twice Khai, a small merchant, who specializes in wholesaling plastic bags to the sellers at the markets in HCM City such as Tan Binh, Pham Van Hai and An Dong, said the prices of plastic bags have increased by 100 percent these days. Showing some bags, he said that the price of this type of products has increased from 31,000 dong to 70,000 dong. “The small merchants at the markets complain that they are too expensive, but they still have to accept the price, because they need bags for the buyers to put products,” he said. At the Binh Tay Market in district 6, the prices of colorful plastic bags have increased by two folds. Some kiosk owners have increased the price from 40,000 dong to 65,000 dong, while some others … [Read more...] about Merchants at markets get puzzled because of plastic bag price increases