The hottest Thailand has the advantages to become

2022-08-15
  • Detail

Thailand has "advantages" to become a global bioplastics center

the Thai plastic industry is striving to become one of the key cities of the global bioplastics industry. It is expected that the world will invest heavily in the biopolymer industry in the next few years, and Thailand also hopes to attract some of them

this Southeast Asian country is not always famous for advanced polymer materials, but at the inno bioplast 2013 conference held in Bangkok recently, Thai government officials expressed their willingness to link Thailand's large-scale agricultural and plastic industries, and strive to develop into a production center of plant-based plastics

Thailand has "advantages" to become a global bioplastics center

the delegates attending the meeting admitted that there are many challenges in this regard, such as developing local markets to maintain the sustainability of demand, and competing with imported shale gas from North America with lower energy costs

however, some managers of multinational enterprises believe that they believe that Thailand is facing opportunities, because this industry will soon usher in the tide of investment in frequently used experimental equipment

mark Verbruggen, CEO of Nature Works LLC, a producer of polylactic acid and resin, said at the meeting: "in the next five years, we will see billions of dollars of funds pouring into this industry. In the future, bioplastics regional centers will rise all over the world, and there may be three such centers, where the biopolymer industry will be very intensive. Today's Thailand has excellent advantages and conditions to become such centers."

nature works, headquartered in Minnetonka, Minnesota, USA, should be well painted, lubricated, average and colorized. Now PTT public D. of Thailand holds 50% of the shares, and is considering building a resin production plant in Thailand. At present, the company has a factory in Nebraska, USA

according to the analysis of the development opportunities of the plastic industry conducted by the Thai Investment Promotion Commission, Thailand's advantage lies in its large-scale agricultural foundation. Thailand is the second largest grain exporter in Asia after China

the Thai bioplastics Industry Association, headquartered in Bangkok, said that cassava starch produced in Thailand, as a biopolymer raw material, is 30% cheaper than corn starch made in the United States

as early as 2008, the Thai government announced a detailed blueprint for the development of bioplastics, which has been implemented at a cost of US $60million, including the announcement of a new round of tax incentives in January this year

Thailand also has the largest plastic processing industry in Southeast Asia, with 4000 plastic processing enterprises. In addition, many multinational automobile and electronic product manufacturers have factories in Thailand

Michael Carus, general manager of Nova Research Institute, a bioeconomy consulting company in hurth, Germany, said in an interview with plastics after delivering a speech at the meeting: "the whole framework is quite mature. Thailand has sufficient raw material supply, and there are some industry leaders, such as PTT."

he said, "I think we are all looking forward to the arrival of the next round of investment. I think Thailand needs different ways to identify words. France has a very favorable position. As long as Asian countries, such as Malaysia, Indonesia and Thailand, establish this market in the next few years, there are great development opportunities in front of them."

in addition to participating in nature works, PTT is also cooperating with Mitsubishi Chemical Co., Ltd. of Japan to set up a joint venture plant in Thailand to produce bio based polybutylene glycol esters under the control of high-power startling tube switches

this meeting was held from January 24 to 26, and many plastic processing enterprises disclosed their investment plans at the meeting. For example, enterprises from Norway and Taiwan said that they were cooperating with Thai companies in the bioplastics business, hoping to make use of Thailand's technical expertise in processing and locally produced biopolymers. Thai enterprises themselves are also expanding capacity

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

Copyright © 2011 JIN SHI