Sabic at K show 2022 -Making the change real.
Photo Sabic
Sabic will highlight its commitment to circular, sustainable solutions designed to eliminate plastic waste and support the shift to product electrification under its theme of ‘Making the change real’ at this year’s K Show, the leading industry trade show for plastics and rubber.
Sabic will demonstrate how chemistry is making a remarkable difference across industries and driving tangible change. This year, its solutions will emphasize two key areas – the circular economy for plastics and a clean air economy through the transition to product electrification.
On display at K 2022 will be Sabic’s elevated commitment and dedicated program in support of the world’s shift to electric power, with the transition to electric vehicles as a starting point. The new program, known as BLUEHERO, is Sabic’s evolving ecosystem of products, solutions, intelligence, and initiatives, designed to help accelerate the world’s energy transition from fossil fuels to electric power. With road transport making up a significant share of total global CO2 emissions, the program will build upon the company’s established materials and capabilities to help the automotive value chain move ever closer to a world with zero tailpipe emissions.
Sabic’s stand will showcase its latest innovations and sustainable solutions across a range of industries, including building and construction, electrical and electronics, transportation, health and hygiene, consumer goods, and advanced packaging.
K Show is encouraging industry players to set the example for how a circular economy for plastics can be achieved. Making this changing reality will require a total transformation of the value chain. With this in mind, Sabic’s Trucircle program is designed to give manufacturers access to more sustainable materials and offers a range of solutions, including design for recyclability, mechanically recycled products, certified circular products, certified renewable products, and closed-loop initiatives.
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The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.
As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.
The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are grown similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.
For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.
We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.
The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans and to inspire and mobilize our editorial and advertising teams!
