Siegwerk Thailand wins Prime Minister’s Award for circular economy

The circular economy category focuses on cost-effective use of resources

130
Siegwerk Thailand team receiving the prestigious Prime Minister’s Award in the circular economy category
Siegwerk Thailand team receiving the prestigious Prime Minister’s Award in the circular economy category

Siegwerk, one of the leading global providers of printing inks and coatings for packaging applications and labels, has won the Thailand Prime Minister Industry Award in the circular economy category. The prize was presented by the Prime Minister on 13 December 2021.

The Industry Awards are presented every year, but the circular economy category is a new category that focuses on cost-effective use of resources, taking into account the use of sustainable materials as much as possible, aiming to reduce pollution and environmental impacts sustainably by developing a stable economy along with preserving the environment and natural resources of the country.

Siegwerk Thailand on highlighting the innovations

Siegwerk Thailand applied for the award in February 2021 and had to undergo a rigorous three-stage vetting process, including a site audit, to qualify for the award. In the application, Siegwerk Thailand highlighted innovations to facilitate recyclability in packaging, awareness-raising for paperization solutions, deinking/delamination technologies, collaboration with value chain partners for circularity solutions, and commitment to product safety, among other achievements.

“This award builds the pride of the company and all employees as part of its success and drives our company to continue to develop. We will also be an agent to raise awareness for partners as well as society, to focus on the circular economy in a sustainable way,” said Tussanee Leevongwat, entity manager, Thailand and Head of Human Resource for Siegwerk South East Asia.

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia.is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

Subscribe Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here