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Modern Plastics Middle East
Features & Insights

Myanmar to accept Thai baht for border trade, eyes using rupee

modernplasticsmeddleeast Mar 25, 2022
Myanmar to accept Thai baht for border trade, eyes using rupee Myanmar will start accepting the Thai baht currency for settling border trade transactions and is also looking at a similar plan to use the Indian rupee for such trade, the…
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Features & Insights

Myanmar’s sea trade surges in interim budget period

modernplasticsmeddleeast Mar 25, 2022
Myanmar's sea trade surges in interim budget period Myanmar's maritime trade increased by over US$770.2 million in the first four months of the interim budget period, compared to the same period of the last fiscal year of 2020-2021,…
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Features & Insights

Cambodia-EU trade up 4.6 percent to $4.98 billion last year

modernplasticsmeddleeast Mar 25, 2022
Cambodia-EU trade up 4.6 percent to $4.98 billion last year Bilateral trade between Cambodia and the European Union (EU) was valued at 4.5 billion euros ($4.98 billion) in 2021, up 4.6 percent from a year earlier, said a joint press release…
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Features & Insights

Meghna Industrial EZ receives $100m in foreign investment – highest in private zones

modernplasticsmeddleeast Mar 25, 2022
Meghna Industrial EZ receives $100m in foreign investment – highest in private zones A total of 12 foreign companies from seven different countries finalized agreements to put their money in the industrial hub near the Dhaka-Chattagram…
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Features & Insights

Recycling plastic bottles to make garments

modernplasticsmeddleeast Mar 25, 2022
Recycling plastic bottles to make garments Bangladesh is set to become a major source of recycled yarn and fabrics made from plastic bottles as the country looks to capture more market share of global high value-added garment items such as…
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Features & Insights

Germany’s Framas Group expands local production

modernplasticsmeddleeast Mar 25, 2022
Germany’s Framas Group expands local production Framas Group, the leading injection molding machine manufacturer of Germany, has unveiled its plan aimed at expanding production activities in Nhon Trach 2 Industrial Park in the southern…
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Features & Insights

Vietnam attracts nearly 5 billion USD of FDI in two months

modernplasticsmeddleeast Mar 25, 2022
Vietnam attracts nearly 5 billion USD of FDI in two months Foreign investors have poured nearly 5 billion USD in Vietnam so far this year, equivalent to 91.5 percent of that in the same time last year, reported the Foreign Investment Agency…
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Features & Insights

LANXESS increases prices for hexanediol

modernplasticsmeddleeast Mar 24, 2022
LANXESS increases prices for hexanediol Specialty chemicals company LANXESS is raising its prices for 1,6-hexanediol (HDO) globally with immediate effect. The increase amounts to EUR 1,200 per metric ton. HDO is an important precursor for…
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Features & Insights

Arburg at DKT 2022: working with fast-curing LSR

modernplasticsmeddleeast Mar 24, 2022
Arburg at DKT 2022: working with fast-curing LSR The German Rubber Conference DKT will be "live" in Nuremberg once again from 27 to 30 June 2022. The event is placing particular focus on the steadily growing market and developments in the…
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Features & Insights

KRAIBURG TPE develops next generation medical resealing compound for Asia Pacific

modernplasticsmeddleeast Mar 24, 2022
KRAIBURG TPE develops next generation medical resealing compound for Asia Pacific KRAIBURG TPE, a global manufacturer of a diverse range of thermoplastic elastomer products and custom solutions for a variety of industries, is introducing…
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