VPK Group, a leading packaging company founded in 1935 and headquartered in Belgium, has developed from a local enterprise into an international supplier of sustainable protective packaging solutions over the decades. Its core business revolves around three main product categories: packaging paper (VPK Paper), corrugated boxes (VPK Packaging) / corrugated board (AQUILA), as well as solid board (Smart) and paper tubes / paper edge protectors (Konsor Corex). VPK Group is committed to providing high-quality and reliable services, closely monitoring local market demands, while leveraging cross-border expertise and experience sharing to create customized solutions that meet customer expectations.   VPK's business model: driven by sustainability and innovation The business model of VPK Group is firmly built on two core pillars: sustainability and innovation. Raw Materials and Circular Economy: Every year, VPK recycles nearly 1.5 million tons of waste paper and cardboard, reusing it to produce packaging solutions. The company creates value by efficiently utilizing FSC® certified raw materials and respecting natural resources, all while strictly adhering to the circular economy model, ensuring that products meet the highest environmental standards. Product Design and Performance: VPK's goal is to make its products recyclable and biodegradable. In 2024, the products launched by the company are designed with this concept in mind from the very beginning. VPK continuously evaluates and verifies product performance to ensure they remain efficient across various applications, meeting the increasing regulatory and consumer demands for sustainability. Global Network and Production Capacity: VPK has a vast network of over 70 manufacturing plants across 21 countries/regions, enabling it to maintain strong production capacity and a flexible market response speed. In particular, in China, its subsidiary Kenson has factories in Hangzhou, Beihai, and Foshan, primarily producing paper tubes, core tubes, consumer packaging applications, and edge protection products, demonstrating VPK's deep layout in the Chinese market. Supply Chain and Talent: VPK Group's supply chain and distribution network are designed to improve efficiency and sustainability, ensuring timely delivery of materials and products. The company has a workforce of over 7,080 skilled employees (of which 216 are in China), which is the core driving force behind its innovation and operational excellence. Through the "Future Leaders Program" and an annual training time of 20 hours for each employee, VPK supports leadership development and career growth. This year, the average training duration for each employee has increased by 20% compared to last year, reflecting a commitment to continuous learning and development. Technology and Intellectual Property: VPK utilizes intellectual property including innovative designs and patents, as well as digital tools and automation technologies, to continuously improve its production processes and maintain its leading position in the industry. VPK Group provides customers with sustainable packaging solutions that are recyclable, biodegradable, and FSC® certified. Its optimized packaging design not only reduces material usage and provides a worry-free experience but also enhances durability, saving costs for customers and improving logistics efficiency. VPK provides customized packaging solutions for various industries such as food, retail, industrial, and e-commerce, ensuring better product protection and enhancing brand image. In addition, customers can achieve transparent management through VPK's sustainability certification, clearly tracing the source of their packaging and its environmental impact. Outstanding financial performance and robust governance. Investors can benefit from VPK Group's strong financial performance. In 2024, VPK Group achieved a revenue of 1.849 billion euros (approximately 15.6 billion yuan) and a pre-tax profit of 84 million euros. Even more remarkable is that the company has achieved a compound annual growth rate (CAGR) of 7% over the past five years, indicating robust growth momentum. In 2024, sales of corrugated boxes/cardboard reached approximately 2.256 billion square meters or 1.055 million tons, sales of packaging paper were about 1.283 million tons, and sales of solid cardboard/paper tubes/paper corner protectors were around 456,000 tons, all showing varying degrees of increase compared to 2023. The family ownership structure of VPK Group ensures stable governance, a long-term corporate vision, and resilience against market fluctuations. The company is firmly committed to sustainable development and continuously reinvests in research and development to provide momentum for future growth. VPK Group has a firm commitment to environmental sustainability: 100% utilization of recycled paper, using 100% recycled paper in paper production; high recycling rate; 90% of the paper used in packaging production is recyclable (non-virgin material); renewable resources, 98% of raw materials come from renewable resources; net-zero emissions target, VPK's net-zero emissions target has been certified by the authoritative Science Based Targets initiative (SBTi), indicating that its emission reduction goals are aligned with global climate science; water resources and forestry, during the papermaking process, VPK actively conserves water and supports reforestation and responsible forestry programs, protecting natural resources from the source. VPK is also a founding partner of Blue Box Partners, an alliance composed of four private capital-operated pan-European companies. Each partner has established experience and successful cases in their respective domestic markets, sharing the same structure, values, and long-term business vision. Blue Box Partners adopts a coordinated model, leveraging the expertise of over 13,500 employees and the production capacity of 114 production facilities to ensure customized design and delivery services based on the needs of clients of any scale. In addition, VPK has joined industry alliances such as the European Federation of Corrugated Board Manufacturers (FEFCO) and the Confederation of European Paper Industries (CEPI), actively promoting regulatory frameworks that support the circular economy. Supplier and Customer Ecosystem The main suppliers of VPK Group include: suppliers of recycled paper and cardboard; energy suppliers providing renewable energy such as biomass, solar, and wind energy; mechanical and technical partners for automated manufacturing equipment; and logistics and transportation partners that ensure efficient supply chain management. VPK Group mainly serves B2B customers across various industries by providing customized sustainable packaging solutions. Its primary customer base includes: food and beverage, retail and consumer goods, e-commerce and logistics, as well as industrial and manufacturing sectors. VPK sells customized packaging directly to business clients through direct sales and B2B contracts. Customers can also place bulk and regular orders through its online portal, enjoying convenient service. Although VPK is a B2B supplier, its products ultimately support a wide range of end-user industries—from retail consumers purchasing sustainable packaging products, e-commerce customers seeking worry-free packaging, to industrial clients requiring heavy-duty solutions, and logistics suppliers relying on durable, stackable packaging for transportation and warehousing—all benefit from VPK's packaging products. Future Outlook The success of VPK Group is not accidental; its business model clearly demonstrates how traditional manufacturing can achieve high-quality growth by deeply integrating sustainable development concepts, continuous innovation, and building a global network in the context of the current global economy and environmental protection. VPK's core competitiveness is reflected in the following aspects: A firm practitioner of the circular economy: VPK places recycling and renewable resources at the core of its business, which is reflected not only in the production of 100% recycled paper and the use of a high proportion of recyclable materials but also in achieving the net-zero emissions target certified by SBTi. This gives it a moral high ground and competitive advantage in a market where environmental regulations are becoming increasingly strict and consumer awareness of environmental issues is rising. Globalization and Localization in Tandem: With over 70 factories across 21 countries, including its presence in China (such as Coensel), VPK is able to effectively serve local markets while sharing global expertise and production capabilities to meet diverse customer needs. Technological innovation and customized services: VPK not only focuses on recyclable and biodegradable design but also optimizes production processes through innovative design and automation technology, providing tailored solutions for a wide range of industries such as food, retail, industrial, and e-commerce, enhancing product protection and brand image for customers. Robust financial performance and family governance: Continuous growth in revenue and profits, along with the stability and long-term vision brought by family ownership, provide a solid foundation for VPK's ongoing investment in research and development and its response to market fluctuations. People-oriented and industry collaboration: Investing in employee training, focusing on employee well-being, and actively participating in industry alliances demonstrate that VPK not only cares about internal development but is also committed to promoting sustainable progress and policy improvement throughout the industry. The case of VPK Group provides a successful transformation model for other traditional manufacturing enterprises: that is, while pursuing business growth, it deeply integrates environmental responsibility, technological innovation, and customer-centricity into the corporate DNA. In the future, with the ongoing explosion in global demand for eco-friendly packaging and the in-depth promotion of the circular economy model, VPK Group will undoubtedly continue to maintain its leading position in the industry and contribute more to the green and intelligent development of the global packaging industry.

On July 13, the Sichuan Provincial Department of Ecology and Environment issued a notice stating that, in accordance with the relevant regulations of the approval procedures for environmental impact assessments of construction projects, after review, it intends to make a decision on the approval of the special bamboo fiber functional material project of Sichuan Huanlong Ecological Technology Co., Ltd. at the Bamboo Health Bamboo Industry Park. At this point, the 1.5 billion yuan bamboo fiber project has obtained its "permit to start production," and another paper pulp molding large factory is about to be put into operation. This is also a milestone moment for the bamboo fiber industry in Sichuan! Sichuan Huanlong Ecological Technology Co., Ltd. is located in Meishan City, Sichuan Province. The total investment for the approved project is 1.5 billion yuan, which includes the construction of a production line for 250,000 tons/year (dry weight) of bleached bamboo pulp, a production line for 204,000 tons/year (dry weight) of fluff pulp (high-performance bamboo fiber water-absorbing substrate), and a production line for 46,000 tons of molded paper pulp specifically for tableware (dry weight, actual dryness 48%), as well as supporting public utilities, environmental protection, and other facilities. This project relies on Sichuan's abundant bamboo resource advantages. Once completed, it can replace approximately 300,000 tons of wood pulp raw materials annually (calculated at a 1:1.3 bamboo to wood conversion rate). In the context of the ongoing deepening of the "plastic ban," the breakthrough in the production capacity of bamboo fiber molded tableware-specific pulp provides a key raw material guarantee for the environmentally friendly packaging industry. "We have signed a Memorandum of Understanding with the Finnish National Technical Research Centre regarding the cooperative research on bamboo biomass refining technology and the full-value utilization of bamboo." The party secretary of Huanlong Company stated that in the next steps, both parties will rely on their respective advantages to carry out research on bamboo biomass refining technology, technology for the full-value utilization of bamboo, and the development of high value-added bamboo products, gradually forming a distinctive industrial system for bamboo biomass refining and full-value utilization of bamboo. Huanlong Ecological is a subsidiary of Huanlong Group, established in 1987. Huanlong Group was originally a global leader in the production of paper blankets and owns two major companies: Sichuan Huanlong New Materials Co., Ltd. (the parent company of Huanlong Ecological) and Huanlong Holdings Limited. In 2011, Huanlong Group established Sichuan Huanlong New Materials Co., Ltd. to develop a full bamboo fiber industry chain. In 2022, Huanlong Holdings successfully went public in Hong Kong. In 2023, the Banbu Health Bamboo Industrial Park officially commenced operations. It is worth noting that Huanlong has also jointly established Guangxi Zhuri Ecological Technology Co., Ltd. with Ningbo Jia, with both parties holding 41% of the shares. The first phase of the project has an annual production capacity of 200,000 tons of chemical bamboo pulp (used for making bamboo boards), 200,000 tons of chemical bamboo boards, and 100,000 tons of mechanical bamboo pulp. All chemical bamboo pulp will be used to produce chemical bamboo boards for high-end paper product enterprises within the Guangxi Zhuang Autonomous Region, while mechanical bamboo pulp will be directly supplied to downstream pulp molding enterprises within the park. The second phase of the project will have an annual production capacity of 200,000 tons of chemical bamboo pulp (used for producing household paper), 200,000 tons of high-grade household paper, and post-processing, with 200,000 tons of chemical bamboo pulp being converted into high-end paper products within the project. It is expected that the Huanlong Ecological and Guangxi Zhuri Phase I projects will be completed and put into operation by 2026. After the projects are put into operation, Huanlong is expected to become the largest bamboo fiber chain leader in the country.

International News Digest​​​​Materials News​​ – Avery Dennison unveils RFID label compatible with PET recycling stream ​​Trade News​​ – Safic-Alcan to distribute Evonik's functional silanes in Central Eastern Europe​​Policy News​​ – India imposes five-year anti-dumping duties on six Chinese imports to protect domestic industry​​Equipment News​​ – Coveris Installs 5-Layer Cast Film Line with AI Control in UK​​Macro News​​ – Report shows global energy sector CO₂ emissions hit record high in 2023​​Market Data​​ – CNY/USD central parity rate at 7.1620, up 48 pips ​​ Details of International News:​​   1.Borouge and Honeywell join forces to demonstrate AI powered autonomous operations Borouge  Plc is collaborating with  Honeywell  International Inc. (Charlotte, N.C.) to conduct a proof of concept for  AI powered autonomous operations, which has the potential to revolutionize Borouge’s UAE plant operations. The collaboration between Borouge and Honeywell is set to deliver the petrochemical industry’s first AI-driven control room designed for full-scale, real-time operation, establishing a new standard for the future of AI in petrochemicals.   2.Coveris Installs 5-Layer Cast Film Line with AI Control in UK Packaging manufacturer Coveris has installed a five-layer cast stretch film extrusion line of the type ALLrollEX 1500 mm from Colines at its Winsford extrusion hub in the UK. The system includes the Mastermind virtual assistant for process automation and was commissioned with full system integration, including downstream palletising.   3.Avery Dennison unveils RFID label compatible with PET recycling stream Materials science company Avery Dennison has developed a radio frequency identification (RFID) label that has received Association of Plastic Recyclers (APR) Design for Recyclability recognition validating its compatibility with North America’s polyethylene terephthalate (PET) recycling stream.Avery Dennison claims its new label is an industry first, combining the company’s CleanFlake adhesive technology and its expertise in RFID to develop the new product that can cleanly separate from the PET in the mechanical recycling stream and reduce contamination.   4.CAI Performance Additives launches flame-retardant synergist for PVC wires & cables CAI Performance Additives announced the launch of ST-FR6, a flame-retardant synergist for PVC wire and cable applications.ST-FR6 offers a cost-effective, stable alternative to Antimony Trioxide (ATO), addressing supply chain challenges while maintaining top-tier flame retardant performance and environmental safety.   ​​5.India lmposes Five-YearAnti-Dumping Duties onSix Chinese lmports to Safeguard Domestic IndustryIndia has imposed five-year anti-dumping duties on six key Chinese imports-PEDA, Acetonitrile, Vitamin-A Palmitate Insoluble Sulphur, Decor Paper, and Potassium Tertiary Butoxide- following investigations by the Directorate General of Trade Remedies (DGTR). The move aims to protect domestic industries from unfair trade practices and address the growing trade imbalance with China. The duties, aligned with WTO norms, are intended to promote fair competition and support local manufacturing. ​​ 6.Safic-Alcan to distribute Evonik's functional silanes in Central Eastern Europe Safic-Alcan announces a strategic distribution agreement reached with Evonik Smart Effects division. Effective July 1st, 2025, Safic-Alcan will additionally distribute EVONIK functional silanes in Central Eastern Europe.The new agreement will also include Albania, Bosnia & Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Kosovo, Latvia, Lithuania, Moldavia, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia and Slovenia.   ​​Global Macro Market Updates:​​   ​​[South Korea] President Calls for Capital Market Normalization to Achieve KOSPI 5000 Era​​South Korean President Yoon Suk-yeol urged the National Assembly on June 26 to expedite supplementary budget deliberations. Emphasizing economic revitalization, he warned that prolonged low growth could trap the economy in a "vicious cycle of intensifying competition and conflict." Yoon asserted that transparent capital markets would spur recovery, enabling the KOSPI to surpass 5,000 points.   ​​[Energy] Report Shows Global CO₂ Emissions from Energy Hit Record High in 2023​​The Energy Institute’s annual Statistical Review of World Energy revealed that energy-related CO₂ emissions grew for the fourth consecutive year in 2023, coinciding with global temperatures exceeding pre-industrial levels by 1.5°C for the first time. Despite record renewable energy adoption, fossil fuel consumption continued rising.   ​​[UK] Business Group Warns Tax Hikes Force SMEs to Cut Jobs​​The British Chambers of Commerce reported nearly one-third of UK SMEs have either laid off workers or are considering job cuts due to increased National Insurance contributions ordered by Chancellor Rachel Reeves in April. Director General Shevaun Haviland stated business confidence has plunged to 2022 lows, forcing many to reconsider expansion plans.   ​​[M&A] Shell Denies BP Acquisition Talks After WSJ Report​​On June 25, according to the Wall Street Journal, people familiar with the matter said that negotiations between representatives of the two companies were actively ongoing and that BP was carefully considering the proposal. BP currently has a market value of about $ 80 billion. Considering the acquisition premium, the transaction may become the largest oil industry transaction since ExxonMobil 's $ 83 billion merger at the beginning of this century. However, people familiar with the situation warned that the potential terms of the deal have not yet been determined, and the merger is far from a foregone conclusion. Shell denied the relevant negotiations after the report, saying that ' the report is further market speculation, no negotiations '. Price Information 【USD/CNY Central Parity Rate】 The central parity rate of RMB against USD was set at 7.1620, up 48 pips. The previous trading day's central parity rate was 7.1668, official closing price was 7.1713, and overnight closing price was 7.1750.   【Raw Materials - USD Market Prices】 Ethylene (Asia): CFR Northeast Asia: $850/ton, up $5/ton CFR Southeast Asia: $860/ton Propylene (Northeast Asia): FOB Korea average: $750/ton CFR China average: $800/ton North Asia LPG (CIF): Propane: $548-550/ton Butane: $518.5-520.5/ton South China LPG (July arrival, CIF): Propane: $588-598/ton Butane: $538-548/ton Taiwan LPG (CIF): Propane: $548-550.5/ton Butane: $518.5-520.5/ton   【LLDPE - USD Market Prices (CFR)】 Film grade: $920/ton (Huangpu) Injection grade: $950/ton (Dongguan)   【HDPE - USD Market Prices (CFR)】 Film grade: $910-920/ton (Huangpu) Hollow grade: $860-870/ton (Huangpu)   【LDPE - USD Market Prices (CFR)】 Film grade: $1,105-1,130/ton (Yantian) Coating grade: $1,330/ton (Huangpu)   【PP - USD Market Prices (CFR)】 Homopolymer: $890-975/ton (Huangpu) Copolymer: $965-995/ton (Huangpu) Transparent grade: $1,085/ton (Huangpu) Pipe grade: $1,160/ton (Shanghai)

International News Guide: Raw Materials News - OQ to showcase 17 new PP and PP grades at K 2025 Automotive News - HARMAN Launches New Display Featuring Samsung Neo QLED Technology Medical News - ThermoFab Rebrands to Better Reflect Breadth of Plastic Processing Services Packaging News - Industrial Packaging Manufacturer MAUSER Commissions IBC Recycling Plant at BASF Site in Spain Macro News - Israel Launches Airstrike on Iran's Capital; Iran's Supreme Leader Khamenei: Israel Will Face Severe Punishment Price Information - Ethylene Asia: CFR Northeast Asia $790/ton; CFR Southeast Asia $850/ton   Details of International News: 1.OQ to showcase 17 new PP and PP grades at K 2025 OQ, Oman’s global energy group, has introduced 17 new application-focused polymer grades over the past year. This reinforces its commitment to delivering transformative material solutions tailored to address global megatrends such as food preservation, water security, and energy saving. These grades will be showcased for the first time in Europe at K 2025, one of the leading plastics and rubber trade fairs in Düsseldorf. 2.HARMAN Launches New Display Featuring Samsung Neo QLED Technology Today, consumers expect vehicles to deliver premium visual experiences on par with high-end TVs and personal devices. However, the harsh requirements of automotive environments have made it difficult to achieve such display performance. According to foreign media, HARMAN, a leader in automotive technology and a subsidiary of Samsung Electronics Co., Ltd., has launched a new display product that brings true consumer-grade tech viewing experiences to vehicles. The display will be installed in the new Tata Harrier.ev model, marking the first in-vehicle integration of Samsung's proprietary Neo QLED technology, which has been exclusively licensed to HARMAN and optimized by HARMAN for automotive applications. 3.ThermoFab Rebrands to Better Reflect Breadth of Plastic Processing Services ThermoFab offers its customers in the medical device space and within other regulated industries far more than thermoforming services, and it has now rebranded to reflect that reality. It’s new name is Innova Engineered Plastics, explicitly calling out its “innovation, expanded capabilities, and focused vision as the full-service enclosure provider of choice for startups to Fortune 500 companies,” said Innova. 4.Industrial Packaging Manufacturer MAUSER Commissions IBC Recycling Plant at BASF Site in Spain Industrial packaging manufacturer commissions IBC recycling plant at BASF site in Spain Industrial packaging manufacturer Mauser Packaging Solutions has commissioned a new plant for processing intermediate bulk containers (IBCs) in Tarragona, Spain. Located on the premises of BASF (Ludwigshafen, Germany; www.basf.com), the facility reconditions used IBCs and extracts recyclates from containers that are no longer fit for reuse.  5.BASF Starts New World-Class Hexamethylenediamine Plant in France, Boosting Capacity to 260,000 Tons Recently, BASF announced that its new world-class HMD  plant in Charleroi, France, has been successfully started up. The plant, which began construction in 2022, is of great significance for the successful start-up, boosting BASF's annual HMD production capacity to 260,000 tons. 6.American Axle to Supply Core Components for Volkswagen Group's Scout American powertrain system supplier American Axle & Manufacturing Holdings Inc. announced that it has signed an important cooperation agreement with Scout Motors, a subsidiary of the Volkswagen Group, to supply front axle electric drive units and e-Beam rear axles for the upcoming new electric Traveler SUV and Terra pickup truck. Image source: American Axle It is reported that the two highly anticipated new Scout models will adopt a body-on-frame chassis architecture, standard with a pure electric powertrain system, and optional gasoline engines to enhance comprehensive range. Currently, Scout Motors has simultaneously opened the reservation channel for the two new Traveler and Terra models, and the first mass-produced models are expected to roll off the production line in 2027. 7. Borealis triples net income in 2024 Stefan Doboczky, Borealis CEO since July 2024, explains how the company's net income reached €566 million in 2024, with operating profit improved by €300 million 8. Farm plastic waste recycling options a 'leap forward for sustainability' Recycling agricultural bags could divert up to 45,000 tonnes of single-use soft plastics from landfill each year. Many farmers either burn or bury plastic to avoid significant landfill costs.   Overseas Macro Market Information: [Israel Launches Airstrike on Iran's Capital] Local time in the early morning of the 13th, the Israeli Air Force launched airstrikes on dozens of targets related to Iran's nuclear program and other military facilities within Iran, naming the operation "Strength of the Lion." [Iran's Supreme Leader Khamenei: Israel Will Face Severe Punishment] Local time on the 13th, Iran's Supreme Leader Ayatollah Ali Khamenei said that Israel would face severe punishment. Khamenei also confirmed the killing of several Iranian military commanders and nuclear scientists. [Japanese Trade Negotiator: Refuses to Reach Partial Agreement with the US] Japanese Trade Negotiator Akaike Ryohei said on Friday that Japan will insist on demanding a reassessment of US tariffs and will not accept a partial agreement. "Reaching a partial agreement is impossible. Our goal is to reach a comprehensive agreement that satisfies both Japan and the US," Akaike told reporters before departing for Washington. Akaike Ryohei is preparing for the sixth round of tariff negotiations with the US to conduct final negotiations before the meeting between Japanese Prime Minister Kishida Fumio and US President Trump on the sidelines of the G7 meeting in Canada. [US ITC Officially Launches 337 Investigation into Ink Cartridges and Components] On June 12, the US International Trade Commission (ITC) voted to launch a 337 investigation into certain ink cartridges and components I and II. A number of Chinese enterprises, including Dongguan Ocbestjet Digital Technology Co., Ltd. in Guangdong, China, are listed as defendants. The US International Trade Commission will determine the end date of the investigation within 45 days of filing. [Iran's Ministry of Energy: Hydropower Infrastructure and Oil Refining and Storage Facilities Undamaged] Local time on the 13th, Iran's Ministry of Energy and the National Iranian Oil Refining and Distribution Company said that Iran's hydropower infrastructure, oil refining facilities, and storage facilities had not been damaged. Hydropower services continued to operate normally, and the operation of oil facilities and fuel supply continued stably throughout the country without interruption.   Price Information: [RMB to USD Central Parity Rate] The central parity rate of RMB against the US dollar was reported at 7.1772, up 31 points; the previous trading day's central parity rate was 7.1803, the previous trading day's official closing price was 7.1824, and the overnight closing price was 7.1715. [Raw Material US Dollar Market Prices] Ethylene Asia: CFR Northeast Asia $790/ton; CFR Southeast Asia $850/ton. Propylene Northeast Asia: FOB Korea average $710/ton; CFR China average $750/ton. North Asia frozen cargo CIF price, propane $545-547/ton; butane $515-517/ton. South China frozen cargo July arrival CIF price, propane $591-601/ton; butane $531-541/ton. Taiwan region frozen cargo CIF price, propane $545-547/ton; butane $515-517/ton.   [LLDPE US Dollar Market Prices] Film: $895/ton (CFR Huangpu); Injection molding: $970/ton (CFR Dongguan);   [HDPE US Dollar Market Prices] Film: $900-920/ton (CFR Huangpu); Hollow: $865-870/ton (CFR Huangpu);   [LDPE US Dollar Market Prices] Film: $1,025-1,035/ton (CFR Huangpu);   [PP US Dollar Market Prices] Homopolymer: $885-935/ton (CFR Huangpu); Copolymer: $955-1,040/ton (CFR Huangpu); Film material: $1,025-1,090/ton (CFR Huangpu); Transparent: $1,085/ton (CFR Huangpu); Pipe material: $1,160/ton (CFR Shanghai).

News Headlines: Raw Materials News - $380 Million! PPG to Build New Aerospace Coatings Plant in the United States Automotive News - FF Officially Receives Factory and Operation Center in Ras Al Khaimah, UAE Packaging News-PepsiCo moves its sustainability goal posts Electronics and Electrical News-PLASTPOL Poland Exhibition ongoing! KINGFA responds to European market demands with new materials. Macroeconomic News- South Korea may hold a third round of trade negotiations with the U.S. after the election. Price InformationEthylene Asia: CFR Northeast Asia $780/ton; CFR Southeast Asia $870/ton   The following are details of international news: 1、 $380 million! PPG to build new aerospace coatings factory in the USA Recently,PPG will invest $380 million to build a new aerospace coatings and sealants production facility in Shelby, North Carolina, USA. The construction project of this 62-acre plant will initially include production and warehousing units, with plans to start construction in October 2025 and expected completion in the first half of 2027. 2、FF officially receives the factory and operation center in Ras Al Khaimah, UAE. On May 23, Faraday Future (FF) announced that it had officially taken over the Ras Al Khaimah factory and operations center in the UAE. This factory will be used to support the production of both FF and FX models. Previously, on May 21, 2025, during the "Made in UAE 2025" summit, the Ras Al Khaimah Economic Zone (RAKEZ) officially announced the cooperation project. FF’s wholly-owned subsidiary, Faraday Future Middle East FZ-LLC, signed the relevant agreement with RAKEZ on the spot. 3、Acquisition of SL Recycling site in Germany As expansion opportunities for German recycler Thees Kunststoffverarbeitung are limited at its headquarters location in the long term, the company plans to acquire an additional site in the neighbouring town of Bakum.According to Thees, the site already fulfils the requirements of a plastics recycler and offers enough space to efficiently organise and automate operations. By the end of 2025, Thees intends to install at least three recycling lines in Bakum and employ 10 to 15 people. The site is expected to focus primarily on the treatment of post-consumer waste, though the firm also recycles industrial waste. 4、Yizumi Turkey Subsidiary Opens: Leveraging the Asia-Europe Hub to Propel a New Global Landscape Local timeOn May 21, Yizumi Turkey Precision Machinery Co., Ltd. (hereinafter referred to as: Turkey Subsidiary) held a grand opening ceremony and open day event in Istanbul's Silivri. Industry experts, representatives from agency companies, and client representatives attended the celebration. At the event, Mr. Zhang Tao, Director and Deputy General Manager of Yizumi, General Manager of the Injection Molding Machine Division, and General Manager of the International Business Division, delivered a speech. He pointed out that the establishment of the Turkey subsidiary is not only an important milestone in Yizumi's globalization journey, marking substantial progress in the company's strategic layout to deepen its presence in the Middle East and Africa markets, but also symbolizes a key step in Yizumi's commitment to localizing its strategy and building a new pattern of coordinated development between the Asian and European markets. 5、PepsiCo moves its sustainability goal posts PepsiCo. Inc. is cutting some key environmental goals related to plastic packaging and extending its timeline to achieve those new targets.The Purchase, N.Y.based beverage and snack food giant is replacing a previous goal of using 50 percent recycled content in plastic packaging by 2030 to with a new target of "40 percent or greater recycled content in our plastic packaging by 2035 or sooner," the company said. 6、Researchers to develop a process to remove pollutants from plastic production Researchers at the University of Minnesota are developing a process to remove pollutants from plastic production with selective combustion.The process involves engineering certain materials to only react to one molecule found in a mixture of hydrogen and carbon atoms, called hydrocarbons, and effectively removing toxic pollutants found in different plastics. 7、PLASTPOL in Poland is ongoing! KINGFA responds to European market demands with new materials. The 2025 PLASTPOL Poland Exhibition has grandly opened! At Pavilion 5, B21, KINGFA is fully demonstrating to the European market how our innovative materials empower industries and contribute to the achievement of sustainable development goals..Focusing on the Three Core Highlights of the KINGFA Booth：1、The Charm of Biobased Materials；"Turning waste into treasure"Recycled plastic(PCR)；3、Driving performance upgrades"Hardcore" Special Engineering Plastics(SEP)。 8、Packaging company must pay £476,995 after fraud conviction A company and its director have been ordered to pay £476,995 at Birmingham Crown Court following an investigation into the fraudulent entry of waste packaging data.At Birmingham Crown Court, Shaobo Qin, a director of EDU Case Ltd, pleaded guilty to fraud by false representation and was handed a 2-year prison sentence suspended for 18 months. Overseas macro market information: 【Surging higherJapan's rice price rose by 98.4% in April, marking the highest increase since 1971. The Ministry of Internal Affairs and Communications of Japan announced that the data shows,In April, Japan's consumer price index excluding fresh food was 110.9, up 3.5% year-on-year. Among this, the rice category surged by 98.4% compared to the same period last year. This marks the largest increase since comparable data became available in 1971 and represents the seventh consecutive month of record-breaking growth. 【The EU will cancel the tariff-free policy for Ukrainian agricultural products.】  The spokesperson for the European CommissionOn the 22nd, it was stated that the EU will not extend the wartime "autonomous trade measures" implemented since 2022, which exempted Ukrainian agricultural products from tariffs. The EU spokesperson said that the current tariff-free policy for Ukraine will expire on June 5th, and from June 6th, agricultural trade between the EU and Ukraine will be carried out under the framework of the trade agreement signed by both parties in 2017. 【The European Parliament passes bill imposing tariffs on Russian and Belarussian fertilizers and agricultural products.】  Local timeOn the 22nd, the European Parliament voted to pass a new tariff bill imposing tariffs on fertilizers and some agricultural products from Russia and Belarus. Specific measures include a basic tariff of 6.5% on fertilizers imported from Russia and Belarus, with an additional tax of 40 to 45 euros per ton to be added during the period from 2025 to 2026. Regarding agricultural products, it was decided to impose a 50% tariff on agricultural products from Russia and Belarus that have not yet been subject to additional tariffs. 【To avoid uncertainty in trade policy, American importers are rushing to build up inventory. "Bonded warehouse" stockpiling Chinese goods Facing the abuse of export control measures by the US, American importers are accelerating the construction of bonded warehouses to stockpile Chinese goods, demonstrating the high degree of integration between the Chinese and American economies. According to ReutersOn the 21st, it was reported that importers in the United States, from clothing to auto parts, are rushing to build bonded warehouses for all kinds of Chinese imported goods. According to a previous CNN report, bonded warehouses can store imported goods for up to five years. These companies plan to use bonded warehouses to avoid tariffs and the uncertainty brought about by the US government's chaotic trade policies, waiting until the situation becomes clear before taking out the goods and paying tariffs at the latest rate. 【 Korea may hold a third round of trade talks with the U.S. after the general election】  According to Yonhap News Agency, South Korea may hold a third round of trade talks with the United States after the general election. 【Report: The U.S. Trade Representative will inform the EU.Their proposal is not good enough. The British Financial Times reported that, according to the information obtained by the US Trade Representative's Office, People familiar with Lille's thinking revealed that Griel is preparing to tell EU counterpartsMaroš Šefčovič, the EU's proposal for trade negotiations did not meet U.S. expectations. The U.S. was dissatisfied with the EU's offer to only mutually reduce tariffs rather than commit to independently lowering them. 【European Central Bank Governing Council member Stournaras: Expected There will be an interest rate cut in June. European Central Bank Governing Council member Stournaras said that he expects Interest rates will be cut in June and then remain stable.   Price information: 【Central parity rate of RMB against USD】 The central parity rate of the yuan against the dollar is reported.7.1919, down 16 points; the previous trading day's midpoint was 7.1903, the previous trading day's official closing price was 7.2040, and the previous night session closed at 7.2060. 【 Upstream raw material US dollar market prices】 Ethylene Asia:CFR Northeast Asia $780/ton; CFR Southeast Asia $870/ton. Propylene Northeast Asia: FOB Korea average price $760/ton; CFR China average price $795/ton. North Asia frozen cargo, propane FAS price540.5-542.5 USD/ton; Butane 514.5-516.5 USD/ton. South China Frozen Goods June CIF prices: Propane 617-627 USD/ton; Butane 567-577 USD/ton. Taiwan region frozen cargo CIF price, propane540.5-542.5 USD/ton; Butane 514.5-516.5 USD/ton. 【LLDPE USD market price】 Film:900 USD/ton (CFR Huangpu); Injection molding: $990/ton (Dongguan Bonded Area spot); 【HDPE USD market price】 Thin film:910-930 USD/ton (CFR Huangpu) The void: It seems there might have been a misunderstanding in the original request as "" translates directly to "middle air" or "center hollow", not "The void". If you meant something else, please provide more context.$865-880 per ton (CFR Huangpu) 【LDPE USD market price】 Film:1040-1060 USD/ton (CFR Huangpu) 【PP USD market price】 Uniform aggregation:970-985 USD/ton (spot); Copolymerization:980-1060 USD/ton (CFR Huangpu); Membrane material:1025-1090 USD/ton (CFR Huangpu); Transparent:1030-1100 USD/ton (CFR Huangpu), an increase of 15 USD/ton; Pipe materials:1,160 USD/ton (CFR Shanghai).  

In the second episode of the "Inheriting the Family Business Vlog," Shen Ruoyi recorded a scene of herself crying for the first time using her phone. That day, as the second generation who was to inherit the family business, she eagerly went to give her mother suggestions in the live streaming room, only to be doused with cold water: "If you don't grow food, don't come here to guide me." This sentence sounded particularly harsh to Shen Ruoyi, implying that the traffic she had fought for had not brought in any revenue, and if she couldn't produce results, she shouldn't speak. Shen Ruoyi argued a few more times, but the responses she received were still her mother's rebuttals. After leaving the office, she felt worse the more she thought about it and couldn't help but shed tears. After silently crying for a while by herself, she suddenly remembered that a colleague had once reminded her that sadness shouldn't be dealt with alone; recording it down might serve as material for a video later. So, Shen Ruoyi could only cry while setting up her phone. One must learn not to cry in vain, even when hurt, especially for a successor to a factory boss in the era of (flowing with the trend of internet celebrities and online traffic). Shen Ruoyi is the "heir" of Zhejiang Clarion Group. Clarion was founded in 1996 in Haining, Zhejiang Province, by her mother Zhang Xinhua and father Shen Zihong. It is a group-type luggage company that integrates design, production, and sales, with luggage brands such as Clarion and Monologue under its umbrella. Before 2020, the revenue from Clarion's offline business accounted for 78%, and at its peak, it had more than 3,000 stores. After 2020, facing the shrinking offline sales, promptly adjusted its business strategy, shifting its core product category to student backpacks and focusing on online channels. In 2023, the group's annual output value reached 630 million yuan, with a year-on-year growth of 35% in annual output value in 2024. In 2019, driven by reality, Shen Ruoyi gradually entered the Karayang brand founded by her parents, starting from scratch, and has learned in several departments. She now serves as the brand communication manager for Karayang. She candidly admitted that during her more than three years at the company, the challenges of adapting to senior employees and the conflicts with her parents made her want to give up on taking over countless times. However, during these three years, she once created a "Cheese Box," which generated over 35 million yuan in GMV (Gross Merchandise Volume). The "Factory Second Generation" IP account she planned single-handedly also broke out of its niche, achieving over 100 million views across the web. Recently, the first live broadcast of the sub-brand "Monologue" managed by Shen Ruoyi sold more than 5,500 units. These positive feedbacks are necessary and important for Shen Ruoyi, who is on the journey from 0 to 1, and they serve as the greatest motivation to encourage her to keep going.As the eldest daughter in the family, taking over has become a foregone conclusion. Now, Shen Ruoyi is even more convinced that she can shoulder the family business built by her parents in the future. The following is Shen Ruoyi's self-narrative (with omissions):   The Driving Force of the Eldest Daughter Ever since I can remember, my parents have been starting their own business, often leaving early and returning late, spending little time with me. Most of the time, it was my grandparents who took care of me. Even under the same roof, it is difficult for me to meet them, and even when I do, my parents are often in a state of arguing. Now, I can understand that their arguments in the early days of starting their business were essentially aimed at making the company better and better. But as a child, I felt very insecure because of it. I still remember that when my parents argued at that time, I often pretended to be asleep while worrying whether our family would fall apart because my parents were making suitcases and bags. All these events planted seeds in my heart, making me feel that taking over the luggage business was too exhausting, and that family members were not suitable to work together. As a result, for a long time, I was psychologically very resistant to the idea of succession. Until 2014, when I was 18 years old, my mother gave birth to twin sisters. I went from being the only daughter in the family to the eldest daughter. For some reason, I gradually felt a transition from being a child to becoming an adult, and I felt a sense of responsibility on my shoulders. Click the image to subscribe to "China Entrepreneurs" magazine. On the foundation of changing mindsets, our company faced a significant blow in 2016. At that time, due to issues with guarantees, the company suddenly had more than 40 million yuan in debt, with only over 3 million yuan left in the account. This event devastated my entire family, including myself. Later, I learned that my parents had also been supporting me to complete my education, even though they were going through these tough times. If there was a progress bar for succession,After this thing happened, I have already accepted 70% of the reality that I will need to return home and take over the family business.I must take on the business that my parents built from scratch. I majored in fashion design in university, and Kalayan's main business in luggage and bags is also related to fashion design. Therefore, right after graduation, my first thought was to gain experience outside and then bring the fashion design skills from a large company back to the family business. But I was really too naive. After graduation, I couldn't find a suitable job. When my mom heard about it, she asked me to come home and work. She said, "I'll pay you 5,500 yuan a month." Just like that, the next day I "entered the factory." Initially, I tried various departments such as the marketing department, photography group, Tmall operations, and merchandise department in a rotation format. During my more than a year in the merchandise department, I also participated in a project collaborating with Huawei to develop smart backpacks and suitcases, during which I completed my master's degree through a "work-study" arrangement. At the end of 2023, I obtained my master's degree and officially joined Karajan. "101 Times" Want to Give Up Succession But the reality of being a successor is really too different from what I imagined. Under my account, many netizens think that the boss is the one who gives orders, and subordinates just need to carry them out. At first, I thought so too, but I was soon proven wrong. At the beginning of last year, I was assigned to work as a co-host in the live stream room while also serving as my mother’s, who is the general manager, personal assistant. She said that since a position as General Manager’s Assistant has been set up for me, my thinking and behavior should align with hers, and I should consider the things she cares about. After a live stream, she asked me to lead a review for the team. I didn’t think much about it and went ahead directly. I am naturally introverted, so I politely asked everyone to analyze the strengths and weaknesses of the live stream individually, but everyone just smiled without commenting, and then dispersed, with no one paying attention to me. I awkwardly told my mom, "I tried to help you with the review, but they all left." She said, "See, being a boss isn't that easy. Even though I gave you the title of general manager assistant, you still couldn't handle this small task of reviewing." That day, she explained to me for the first time why many people think she has become nagging.She told me that if you want to lead a team to do something well, you must repeatedly emphasize the purpose, benefits, and consequences of the task; otherwise, everyone won't understand and won't take action with just a simple instruction. This incident also enlightened me. When I made suggestions, people superficially agreed but actually didn't approve, even mocking "What does she know". Essentially, they didn't approve of me, as a "second-generation", giving orders with the identity or title bestowed by the boss.To truly gain the obedience of team members, the only path is to achieve results. Not only do team members not recognize it, but even for the second generation without achievements, their parents' patience is also limited. At one point, I felt that the current live streaming visual effects were not diverse enough, so I proposed the idea of creating a new live streaming room. Coincidentally, my mom was planning to renovate three high-end live streaming rooms on the fifth floor, so I seized the opportunity to give her some suggestions. Actually, my mom already had some ideas for the design of the new live broadcast room, but she still called me over. So, I suggested transforming one of the live broadcast rooms into a French home style, because the real-life usage scenarios for suitcases and women's bags are more in the home rather than in factories or counters, which makes it more relatable. After I finished speaking, she angrily rejected it and said that if I don't generate any income from my traffic, then I shouldn't come to guide her. The implication was that if I haven't achieved any results, I shouldn't instruct her on how to do things. These words from my mother made me very sad. At that moment, I felt that what I was doing was not understood or recognized, and the position of brand communication manager had no meaning at all. I tried to explain my thoughts to my mom, but she still rejected me without giving me any chance. After leaving her office, I couldn't hold back my tears. Later, I included this segment in the video, and after it was released, many people questioned whether my tears were real or fake. The tears were definitely real, but it was difficult for me to explain to netizens the grievances behind not being understood. Self-reflection has become a mandatory lesson for me every day, but I still have to endure a series of blows and denials from the outside world, especially conflicts with my parents, which really hurts our relationship. This also includes my work in social media; even though I put in my utmost effort to revise every day, the data may still be poor, and negative feedback is quite common. All of this suddenly makes me feel that the succession work is meaningless. After that argument, for the 101st time, I thought about giving up on taking over, but then I cried and comforted myself, just like before, and continued with my work. By the next day, life, work, and the succession all went on as usual. In fact, over the past three years since taking over, I have thought about giving up countless times, but I have also comforted myself countless times to keep going. Sometimes I ask myself, what else can I do? Understanding parents better after taking over their responsibilities Entrepreneurs of my parents' generation often have unique imprints of their time as they started businesses from scratch. For example, my parents firmly believe in the spirit of hard work and endurance, which has gradually become a distinct personal charm of my mother. She herself has become a representative of the company's core spirit, continuously influencing the team with her actions. A few years ago, my mother suggested that her company should start short-video and live-streaming e-commerce businesses, but this proposal faced strong opposition. Many employees felt that they were neither hosts nor talented, so why should they engage in such activities. To allay the team's concerns, she had no choice but to personally take on the live streaming, making the business a success and proving its feasibility through actions. Only then were the employees willing to follow her lead and jointly push the company forward. The "second-generation successors" in businesses actually need to play the role of rallying morale and setting an example for the team. Because only when you have done something well yourself will others understand and follow you in moving forward together. This idea has also been gradually validated in the actual succession process. Recently, we launched a sub-brand called "Monologue" and introduced a women's bag, which sold 5,500 units in its debut live stream. This was a tremendous encouragement for me. It made me realize that the traffic I've accumulated over a long period finally has the potential for conversion, no longer just an abstract number. These positive feedbacks have also brought me more recognition. The most noticeable change is that everyone has started to value my suggestions. For example, when discussing how to improve products, they will ask for my opinions, and I've been involved in the selection of products for live broadcasts, which has increased my influence within the team. The deeper I delve into the company's business, the more I understand my parents during their entrepreneurial period, and I even resemble them more. From the mindset of a "worker" with a nine-to-five routine when I first took over, gradually I have transformed into a managerial mindset. I can feel that the company and the team have higher expectations of me. I have also become more diligent, and work has become muscle memory. I often wake up and get straight to it, calculating every penny to ensure it's spent wisely. On the rare occasions I rest on weekends, I feel a subtle sense of guilt, especially when I think about my parents still working hard. I ask myself, why should I rest? If the full score is 100 points, I would give myself 60 points for my 3.5 years of succession work. On one hand, I have overcome many difficulties and gained a preliminary understanding of the company's business model, but there are still many gaps waiting for me to tackle in the future. The women's bag brand "Monologue" that I am currently in charge of will definitely be a key focus for the company in the future. In my view, the Chinese market lacks a women's bag brand that combines high-quality products, a meaningful brand ethos, and reasonable pricing. This area holds great potential, and for me, it is an opportunity worth seizing.   News hotline & submission email: tougao@iceo.com.cn 。END 。 Duty Editor: Guo Liqi  Proofreading: Zhang Gege ProductionMao Li Yuan "Chinese Entrepreneurs"Video account See more insights from big shots and behind-the-scenes stories. [ Recommended Reading ]  

On April 15, 2025, the CHINAPLAS 2025 International Plastics and Rubber Exhibition, themed "Transformation·Collaboration·Shaping Sustainability," grandly opened at the Shenzhen World Exhibition & Convention Center (Bao'an New Venue). Furong New Materials showcased its innovative product matrix and professional solutions at Booth P31 in Hall 20, attracting in-depth discussions with clients from domestic, European, American, African, Middle Eastern, and other regions, with a notable increase in overseas client participation. Customer Communication As a globally renowned BOPP film supplier, Furong New Materials showcased functional films such as anti-fog film, flower film, low-temperature heat sealable film, and tissue film, as well as conventional films like paper composite film, heat sealable film, light printing film, and tape film. With innovative technology and outstanding product quality, they attracted significant attention and in-depth exchanges from numerous domestic and overseas customers, reaching preliminary cooperation intentions with multiple well-known overseas enterprises on-site. At this exhibition, Forun New Material continues to uphold its mission of "Driving Development through Innovation, Making Life Better," further enhancing its global marketing network to meet the growing demands of customers worldwide. The company is comprehensively boosting its competitiveness on a global scale, gathering momentum to become a leading and globally renowned enterprise in the film products industry. Source: Forun New Material

However, behind the slight decline in revenue, the company is facing considerable pressure on its profitability.Nevertheless, the company's operating income in the third quarter was acceptable at 162 million yuan, second only to the fourth quarter's 173 million yuan, demonstrating that the company still has certain capabilities in market expansion.Looking ahead to 2025, Hongyu Baochai has proposed the strategic development direction of "strengthening scale, focusing on technology, expanding the market, and pursuing efficiency." The company will focus on high-value-added sectors, fully leverage the production advantages of its existing advanced equipment, and relying on the "Phase II Project of the Intelligent Factory for Producing 30,000 Tons of Health Product Packaging Materials per Year," actively promote the effectiveness of IPO projects and VOCs environmental protection equipment.The project plans to have a total investment of 143 million yuan. As of February 28, 2025, 94.0738 million yuan has been invested, and the project progress has reached 78%. It is expected to bring new growth momentum to the company in the future.

Analysis of Modified Atmosphere Packaging Film Technology: Structural Design, Material Innovation, and Food Preservation Process OptimizationResearch on the Development of High Barrier and Functionalized Food Packaging Films1. Structure and Function Design of Air Conditioning MembraneModified Atmosphere Packaging (MAP) film achieves selective gas permeation through a multi-layer composite structure, typically consisting of a barrier layer, functional layer, and heat-sealing layer.Barrier Layer (Modified Atmosphere Layer)Usually made of high-barrier materials (such as EVOH, PA, PVDC), they regulate the permeability of oxygen (O₂), carbon dioxide (CO₂), and water vapor (H₂O) to create a low-oxygen, high-carbon dioxide environment, which inhibits the respiration of fruits and vegetables. Function layerAdd active ingredients such as antimicrobial agents, oxygen absorbers, or ethylene adsorbents to enhance preservation effects. For example, polylactic acid (PLA) based films are used for fresh food packaging due to their natural antibacterial properties.3. Heat-sealing layerMost are made of polyethylene (PE) or polypropylene (PP), ensuring packaging sealability while providing flexibility.Thickness design: The total thickness is typically 15-50 micrometers, with the thickness of each layer adjusted according to functional requirements. For example, the EVOH barrier layer accounts for only 5-10 micrometers, while the heat seal layer requires 10-20 micrometers to ensure strength.II. Material Selection and Technological Development TrendsTraditional materials:PA (Polyamide): High mechanical strength, puncture resistance, suitable for meat packaging.EVOH (ethylene-vinyl alcohol copolymer): Excellent oxygen barrier properties (oxygen permeability 1 cm³/m²·day·atm), but humidity sensitive, needs to be compounded with PE for use.PVDC (Polyvinylidene Chloride): It has both high barrier properties and moisture resistance, but is environmentally poor and is gradually being replaced.2. Biodegradable materials:PLA (polylactic acid) has an oxygen permeability about 10 times higher than that of PE, and a higher CO₂ permeability, making it suitable for fruit and vegetable preservation; however, its insufficient strength needs to be compensated for by multi-layer composite structures.PBS (polybutylene succinate): When compounded with PLGA (glycolide-lactide copolymer), it can regulate the gas permeability coefficient and enhance degradation performance.3. Nanocomposites:Adding nano clay, graphene, etc., enhances barrier properties. For example, SiO₂ nanoparticles combined with PLA can reduce oxygen permeability by 30%.III. Key Parameters of Modified Atmosphere Packaging ProcessGas ratio control:Fruits and vegetables: low O₂ (2-5%), high CO₂ (5-10%), inhibiting respiration.Meat: High O₂ (70-80%) maintains color, or CO₂/N₂ mixed gases inhibit microorganisms.2. Equipment and Process:Vacuum inflation technology: Replace the gas inside the packaging with a vacuum and fill it with a preset mixed gas.Heat sealing parameters: temperature (120-150°C), pressure (0.3-0.5 MPa), and time (1-2 seconds) must be precisely controlled to avoid seal leakage.3. Intelligent Controlled Atmosphere Technology: Use active packaging (such as oxygen indicator labels) or microporous membranes (automatically adjust air permeability in response to temperature changes) to achieve dynamic gas regulation.Four, market applications and competitive landscape1. Main application areas:Fresh meat and processed meat products: accounting for about 40%, mainly using high barrier PA/EVOH composite film.Fruit and vegetable preservation: Demand for PLA-based films grows, with the market size reaching 1.2 billion yuan in 2023, and an annual growth rate of 18%.Dairy Products: Moisture-proof and oxygen-barrier films (such as PVDC/PE) are used for cheese and yogurt packaging.2. Regional Distribution:The Yangtze River Delta region accounts for 45% of the market in China, dominated by companies such as Nantong Global and Altamir.The export-oriented model predominates in the South China region, focusing on the Southeast Asian fresh produce market.3. Competitive situation:CR5 concentration is about 50%, with leading enterprises expanding their advantages through technological upgrades (such as biodegradable films), while small and medium-sized enterprises focus on the low-end market.Five, Future Technological Challenges and Innovation Directions 1. Process optimization: Develop low-cost drying technologies (such as atmospheric drying) to replace the supercritical CO₂ process, promoting the large-scale production of modified atmosphere films.2. Functional integration: Develop an "integrated" modified atmosphere film that combines antibacterial, moisture-absorbing, and smart sensing functions.3. Environmental Trend: The EU plastic ban drives the development of PLA/PBS-based films, with biodegradable films expected to account for over 30% by 2030.

Oben Group is a globally leading manufacturer of packaging materials, primarily producing polypropylene (PP), polyester (PET), and nylon films.After acquiring KristaFilms in July 2023, the company plans to build a new production facility in Monterrey, Mexico. The facility will be equipped with the world's most advanced BOPP film production line, setting a new benchmark in the industry for output, speed, and roll diameter, provided by Bruckner.Recently, Oben Group has gained a competitive advantage with its new generation of BOPP production line. The plant is constructing the world's most efficient production line, with a speed of up to 700 meters per minute and a film width of 12 meters.Oben Group is one of Brückner's earliest and largest customers, and the two sides have maintained a close cooperative relationship. Markus Geschwentner, Managing Director of Brückner Maschinenbau GmbH, expressed his appreciation for this collaboration."I am particularly delighted that our long-term cooperation has led to the birth of the world's first 12-meter BOPP production line. This highlights our over 30 years of close relationship, which can now be considered the icing on the cake."The president of Oben Group emphasized the company's steadfast commitment to growth and innovation:"This new milestone demonstrates our commitment to突破效率和生产力的边界。与布鲁克纳的合作对于我们取得这些进步至关重要，我们期待进一步巩固我们在全球包装行业的领导地位。”It seems there's a part in Chinese that didn't get translated properly. The correct full English translation should be:"This new milestone demonstrates our commitment to breaking through efficiency and productivity boundaries. Our collaboration with Bruckner has been crucial for achieving these advancements, and we look forward to further solidifying our leadership position in the global packaging industry."Editor: Carrie

This issue takes you to explore the "paper blister" technology jointly launched by German processing and packaging technology supplier Syntegon and Finnish packaging material manufacturer Huhtamaki. This innovation replaces traditional plastics with renewable paper-based materials, achieving a triple breakthrough in environmental protection, safety, and convenience for pharmaceutical packaging through precision craftsmanship.From lab to pharmacy shelf, how does this paper redefine the medication experience?1 Eco-friendly: Ending "plastic dependency" with a green closed loop. Huhtamaki's patented coating technology seamlessly integrates the barrier layer with the paper base, achieving "tear and recycle," which can be regenerated through curb-side recycling systems without complex sorting. Compared to traditional plastic blisters, paper blisters reduce microplastic pollution by 90% over their lifecycle, providing pharma companies with a quantifiable and traceable low-carbon pathway.2 Protection: The "invisible armor" of pharmaceuticals, as the first FSC™ certified paper-based blister container, meets stringent pharmaceutical packaging safety requirements. The Push Tab Paper coating, made of a thermoformable base material and a covering film with a barrier coating, provides moisture and oxygen barrier properties comparable to traditional blister packaging made of single PVC or aluminum foil. Through Syntegon's high-precision thermoforming technology, the paper-based material can be accurately shaped to create customized holes ranging from 3 to 10 millimeters, tightly enclosing various forms of tablets and capsules.Practical: Say goodbye to "inhuman design." The one-push cover membrane adopts a "light push to open" design, allowing medicine to be accessed with a simple press of a finger, eliminating the pain points of tearing aluminum film or breaking tablets. The surface of the blister supports double-sided high-definition printing, allowing for medication instructions, brand identification, and even braille information to be directly presented, eliminating the need for outer boxes and paper instructions.The "Cross-Border Ambition" of Paper Blister Packaging The magic of paper blisters goes beyond pills. Carmex lip balm uses pre-formed paper trays with hanging holes, eliminating outer boxes while saving 8 tons of plastic. Atlantic Packaging's Paperform solution extends paper blisters to cosmetics, electronic accessories, and more—featuring curved compartments, multi-layer structures, and even transparent window designs, turning packaging into a brand billboard. From pills to daily essentials, paper blister packaging is reshaping packaging logic in the name of sustainability.Syntegon and Huhtamaki are replacing plastic with renewable paper-based materials, reducing microplastic pollution by 90% through "tear and recycle" technology, while providing protective performance comparable to traditional materials. This "paper" revolution is not only a breakthrough in technology but also a collective action towards a greener future globally. The future of packaging may only require the imagination of a single sheet of paper.

International Paper is undergoing a period of transformation, with company executives stating during last Tuesday's Investor Day event that their goal is to achieve growth in several business areas by 2027. They detailed the significant changes International Paper has undergone over the past year and in the coming months, including the expansion of International Paper's "80/20 optimization strategy" to Desma, a company recently acquired by International Paper.International Paper aims to reach sales of $26-28 billion by 2027; the company expects sales of $27 billion in 2025. CEO Andy Seigneur notes another goal is to achieve adjusted EBITDA of $6 billion that year. He believes, although this represents significant growth from the expected adjusted EBITDA of $3.5-4 billion this year, it is entirely achievable."We firmly believe that we can change this company," Silverner said. He led the attendees to recall the tremendous changes in the world over the past 25 years, and pointed out, "To be honest, International Paper has not been changing fast enough. The reason I joined International Paper was to drive the transformation—the real purpose."International Paper expects annual capital expenditures to reach $1.9 billion by 2027. The majority of this funding will be used to strengthen its box plant network, including the recently announced greenfield box plant in Waterloo, Iowa, which is expected to begin operations next year.During the Investor Day event, much of the content revolved around the strategic adjustments implemented by Silverneil after he joined the company in May of last year, which took place in a certain month last year. He previously described the "80/20 approach" as a strategy to align resources to drive outcomes, grounded in the Pareto Principle—the idea that 80% of results often stem from 20% of the causes. "For us, the '80/20' approach helps clarify what matters most, where the value lies, and how to relentlessly pursue that value to create a competitive advantage."Another important segment of this event focused on the integration progress of DS Smith, headquartered in London. International Paper (based in Memphis, Tennessee) completed the acquisition of the company this January. Company executives confirmed that DS Smith will initiate its own "80/20 Plan" based on International Paper’s successful experience to date.Silvernell explained that the merger of the two companies is essentially International Paper acquiring Dismat's business in North America, while Dismat is acquiring International Paper's business in Europe. Silvernell stated that as the integration progresses, "we will place a strong emphasis on various geographic regions." Considering the opportunities brought by the "80/20" strategy and other initiatives, International Paper has raised its synergy forecast with Dismat from the previous $514 million to between $600 million and $700 million.Optimization in North America centered on "The Lighthouse"Company executives pointed out that as part of International Paper's restructuring plan, their "lighthouse" pilot projects, centered around regional hubs, have been successful in streamlining the operational network and improving efficiency. However, this process has not been smooth. The optimization measures under the "80/20" strategy have led International Paper to close plants and reduce staff over the past year, with layoffs exceeding 1,500 since the fall. Last month, International Paper announced the closure of several plants, including the Red River Boxboard Mill in Louisiana. Executives stated that tougher decisions will be made in the future. "We will make difficult choices in resource allocation to ensure our employees are positioned for favorable development," Silvernell said, "This will enable us to achieve growth."The majority of the business scope reconfigurations in the North American region have been focused on International Paper's network of box plants. Silvernell explains that part of International Paper’s network in the U.S. suffers from excess capacity, while other parts are capacity-constrained, hence the need for coordination. These adjustments include "reinvesting in our existing footprint to give it the appropriate capability but also aligning with our actual needs," he said.Focusing on customer needs is also a fundamental theme of this investor day event. This is closely related to resource allocation. "We are discussing the packaging business, not just the linerboard business and converting business," said Tom Hamik, Executive Vice President and President of North American Packaging Solutions. The "lighthouse" factories include two types: super factories and hybrid factories. The former mainly produces standardized products for long-term customers, while the latter focuses on short-term and more complex product production. The initial two pilot "lighthouse" factories were launched in the metropolitan areas of Atlanta and Chicago.Creating "lighthouse" factories often requires closing facilities in certain areas to reduce costs while investing in nearby facilities. For example, when International Paper invested in a "lighthouse" factory in the Atlanta area, it closed a facility in Cleveland, Tennessee. "In the Atlanta and Chicago pilot areas, our preliminary assessment of the 'lighthouse' factories shows that we have reduced fixed costs by $20 million and increased productivity by 20%," said Tom Hamrick. Since these early pilots, the "lighthouse" factory model has been expanded to an additional 24 factories. International Paper plans to extend this model to over 60 factories by the end of this year.Desma adopts the 80/20 strategy. Not long after the acquisition is completed, it is clear that DS Smith will keep the name of its wholly-owned subsidiary and will not be replaced by International Paper. In February, International Paper announced that CFO Tim Nichols would take on the newly created position of executive vice president and president of DS Smith, effective April 1.Tim Nichols provided a detailed overview of the operational status of DS Smith post-acquisition, particularly the implementation of the "80/20" strategy in the company's Europe, Middle East, and Africa (EMEA) division. Company executives explained that due to the relatively weaker European market compared to North America, DS Smith's progress has been slower than anticipated. "We are in a period of market weakness, but we will recover. Although the integration of DS Smith into International Paper is still in its early stages, we have made a good start," he added.Tim Nichols said that implementing the "80/20" strategy in Europe, focusing on matching the right customers with the right asset base, is one of the opportunities to accelerate growth potential. "The good news is that we have well-maintained assets," Tim Nichols noted, as DESMAR has invested heavily in its corrugated board plants and paper mills. "There have also been some recent investments that will help us quickly get started on how to deploy the '80/20' strategy in the indirect sector."Developing "super factories" in Europe will involve investments in new facilities as well as expanding the capacity of existing ones. Tim Nichols emphasized focusing on meeting customer demand, stating, "We aim to invest in products we can sell rather than just selling what we produce." Next month, International Paper will gather over 100 Desma business leaders to receive training on deploying the "80/20" strategy in their respective regions. Desma employees who have already undergone some related training have "wholeheartedly embraced this strategy," he said. This service will first be launched in major European markets such as the UK and will expand to other regions over the next few months.Silvernel said that completing the restructuring in North America and successfully implementing the strategy in Europe would require overcoming many challenges. But he said that everything was proceeding smoothly and would eventually build a world-class, highly profitable international paper company. "We are not naive to think that the problems we are solving are easy. But this team has committed to making the transformation," Silvernel said in his final comments, "You have to take control of your own destiny."

In an era where the global economy is increasingly focused on sustainability, Vietnam’s packaging industry is at a critical juncture for transformation and upgrading. To maintain and enhance its international competitiveness, the industry must proactively adopt green production practices and principles of sustainable development. This response not only addresses global market trends but is also a necessary choice in light of domestic environmental pressures and policy directions. The green transition of the packaging industry is a strategic adjustment driven by both market demand and environmental responsibility.The Vietnam Beer-Alcohol-Beverage Association (VBA) emphasizes that packaging plays a crucial role in the modern economy. It safeguards products throughout the complex chain from production to consumption, serves as an important medium for brand communication, and is vital to the efficiency of the entire production and consumption system. Particularly for an economy like Vietnam, which is active in exports and has strong domestic demand, the healthy development of the packaging industry holds strategic significance.The Vietnamese packaging industry is experiencing strong growth, driven mainly by an active domestic consumer market (especially in the food and beverage, fast-moving consumer goods, and e-commerce sectors), the demand for high-quality packaging from an export-oriented economy, and the enhancement of technology, management, and market requirements brought by foreign direct investment (FDI).However, high growth comes with severe challenges, particularly regarding issues related to sustainable development. Firstly, the market's demands for the functionality, aesthetics, and environmental friendliness of packaging are continuously increasing, driving the industry to innovate towards greener, smarter, lighter, and recyclable/degradable solutions.At the same time, traditional production methods are energy-intensive and produce high emissions, requiring businesses to invest in upgrades to achieve energy conservation and emission reduction, thereby lowering environmental impact. The plastic waste crisis is one of the most pressing issues. Vietnam's plastic consumption surged from about 200,000 tons in 1990 to over 9 million tons in 2022, and it is expected to double again by 2029. If not managed properly, this will lead to severe "white pollution" and waste disposal crises. Nguyen Thi Thanh, from the Ministry of Natural Resources and Environment (now the Ministry of Agriculture and Environment), emphasized the need for urgent measures to curb plastic waste.In addition, the increase in environmental awareness has led consumers to prefer sustainable packaging. Packaging companies need to incorporate this into their products and brand values. Both domestic and international markets have increasingly stringent requirements for packaging quality, safety, and compliance, and companies need to continuously improve.Nguyen Thanh Giang, General Manager of Tetra Pak Vietnam, confirmed the huge potential of the industry: Vietnam's food and beverage industry is expected to achieve a compound annual growth rate of 10.3% by 2027, with a market size reaching 872.9 trillion Vietnamese dong. This powerful market force not only demands an expansion in production capacity from the packaging industry but also sets higher requirements for innovation, functionality (such as aseptic preservation), design, and sustainability.Facing opportunities and challenges, Vietnamese packaging companies are actively exploring sustainable development paths. Nguyen Thanh Giang believes that the industry needs to focus on three key areas to adapt to market demands. First, optimize production costs by improving energy efficiency, reducing waste, optimizing the supply chain, and automating processes while promoting green practices. Second, apply green technologies by investing in clean energy, water-saving technologies, environmentally friendly inks/adhesives, and efficient waste disposal technologies. Third, strengthen recycling efforts by establishing a comprehensive packaging waste recycling system, which requires collaborative efforts from enterprises, the industrial chain, and society as a whole.Turning to sustainable materials is at the core of industry transformation. Companies are increasing the proportion of recycled plastics (such as rPET), promoting highly recyclable paper-based packaging, and exploring bio-based/degradable plastics (such as PLA) and new materials made from agricultural waste. At the same time, the concept of "designing for recyclability" has gained widespread acceptance, encouraging packaging to adopt single materials and simplify structures to improve recycling efficiency.Embracing digitalization and automation, technology is an important driver of sustainable development. The introduction of the Internet of Things, big data, artificial intelligence, and automated production lines can significantly improve production efficiency, reduce energy consumption and waste rates, optimize supply chain management, decrease carbon emissions, and enhance product traceability. Tetra Pak is a pioneer in this regard, not only optimizing its own operations but also investing heavily in recycling technology, collaborating with various parties to reintroduce recycled materials (such as paper, plastic, and aluminum separated from composite packaging) into the market, supporting its "net zero emissions" strategy.Strengthening industry collaboration and social participation, sustainable development requires the combined efforts of the ecosystem. Since its establishment in 2019, the Packaging Recycling Organization Vietnam (PRO Vietnam), has united many leading enterprises to jointly promote responsible packaging waste management. Its Chief Operating Officer, Chu Kim Thanh, emphasized that effective recycling requires the participation of all sectors of society. Through member collaboration, the alliance funds projects that raise recycling awareness, improve collection facilities, and promote sorting and reuse, laying the foundation for the implementation of the extended producer responsibility system.Achieving a circular economy requires cooperation across the entire supply chain, from suppliers, manufacturers, and brand owners to retailers and consumers. Brand owners should choose recycled materials, retailers should set up recycling points, and consumers should participate in sorting, collectively reducing reliance on virgin resources, promoting the application of sustainable materials, and ensuring the smooth operation of the recycling system. The Vietnamese government guides and regulates the industry towards sustainable development through legislation (such as EPR regulations), setting standards, financial incentives (tax breaks, subsidies), and supporting research, development, and infrastructure.The Vietnamese packaging industry is at a transformative juncture, characterized by both dynamism and challenges. Market demand serves as a strong driving force, while environmental pressures and sustainability requirements present hurdles that must be overcome. The future of the industry hinges on effectively balancing growth with environmental protection, and cost with innovation.Embracing sustainable materials, investing in green technologies, advancing digital automation, improving recycling systems, and deepening cross-sector collaboration will be the key pathways for the industry to move toward a more resilient, responsible, and globally competitive future. Despite the formidable challenges, through the joint efforts of the government, businesses, industry organizations, research institutions, and the public, Vietnam's packaging industry is poised to seize the opportunities of green transformation. By achieving its own high-quality development, it can contribute to the overall sustainable growth of Vietnam's economy, ultimately realizing the harmonious unity of economic, social, and environmental benefits. 

CPiS2025 has reached a strategic cooperation with international authoritative chamber of commerce organizations, and will carefully organize international packaging buyers with packaging procurement needs to form an overseas buyers group. They will personally attend CPiS2025 to participate in packaging trade对接 activities and booth visits.CPiS2025International perspective, diverse cooperation opportunitiesCPiS2025 attracted buyers from many countries around the world. In terms of source distribution (see Figure 1), buyers from Southeast Asia accounted for 13.3%, and those from South Asia accounted for 12.8%, ranking at the top.In Southeast Asia, the economy has developed rapidly in recent years, leading to a continuous growth in demand for packaging products. The high level of attention indicates that the local market has huge potential, and Chinese packaging companies can take advantage of this opportunity to further explore business opportunities in the region. South Asia, with its large population and vast consumer market, also has significant demand for various packaging products, providing companies with ample space for business expansion.Figure 1 CPiS2025Analysis of Overseas Buyers SectorLatest data (see Figure 2) shows that overseas buyers come predominantly from the Food / Snack Food industry, accounting for 21.8%, followed by the Personal Care industry at 14.2%, and Dairy at 12.2%. The food and personal care industries are key areas for packaging demand among overseas buyers, with a particular emphasis on the procurement of food packaging materials and finished products.Figure 2 CPiS2025Overseas Buyer Procurement AnalysisOverseas buyers show varying levels of interest in different packaging types. Flexible plastic packaging garners the highest attention, accounting for 22.9% (see Figure 3), followed closely by rigid plastic packaging and paper packaging. This aligns with the fact that food and beverage packaging products and materials constitute 16.6% of procurement (see Figure 4).Flexible plastic packaging is widely used in industries such as food and daily chemicals due to its relatively low cost, strong plasticity, and convenience in processing and transportation, making it favored by overseas buyers. Paper packaging has gradually increased its market share in recent years due to its environmental advantages, especially in countries and regions with higher environmental requirements, where it has gained increasing attention. The higher proportion of food and beverage packaging products and materials in procurement further confirms the strong demand for packaging in the food industry, providing clear guidance for packaging companies in product development and production directions.Figure 3Figure 4

1. Definition of Air Column BagsBuffer air column bags, also known as inflatable bags or columnar inflatable bags, are a new type of packaging material in the 21st century that uses natural air for filling. The comprehensive, column-based cushioning protection minimizes product damage during transportation. These bags are made by laminating or co-extruding LLDPE and NYLON, offering tensile resistance and balanced characteristics. Through continuous pressure sealing, airtight inflatable columns are formed. The machine-produced protective film is called Air-Bag.Utilizing physical principles, fully inflated in one go with automatic air-locking. In case of damage, only the individual air column is affected, while the remaining columns remain fully functional, maintaining protective effects. Offers long-term storage and transportation without air leakage, providing comprehensive cushioning protection with air columns, significantly reducing damage rates. The air cushion bag is a new packaging system that utilizes air for cushioning, providing a snug wrap around the product to ensure its protection. Compared to traditional fillers, it prevents frequent shifting and damage during transportation due to large empty spaces inside the packaging box. Even when subjected to external pressure, the close-fitting design of the air cushion bag disperses the force through the air cushions to avoid damage.2. Advantages of buffer air column bagsHigh-quality PE+PA film, sturdy and durable, with high airtightness, offers more reliable protection. The base material, tested by SGS, contains no heavy metals and is non-toxic when burned, meeting the characteristics of air impermeability and moisture resistance, making it a suitable alternative to polystyrene, EPE, and pulp.The cost of cushion air column bags is very low, with production processes being fully mechanized and automated. The production efficiency of air column bags is high, and there is no need for mold creation, testing, or replacement, thus saving a significant amount of research and production costs.Compared to traditional cushioning packaging, air column bags take up very little space before inflation, saving both space and effort. Importantly, consumers no longer have to deal with large amounts of cushioning packaging after receiving their goods.4. Provides long-term shockproof protection during storage and transportation without air leakage, and automatically locks in air after inflation. Even if one air column is damaged, it will not affect the overall cushioning protection of the air column bag for the product.5. Improve the corporate image. Air column bags, as a relatively advanced modern packaging material, can reduce a lot of resource waste. Therefore, using air column bags can greatly help enhance the corporate image and gain positive reviews from users.III. Basic Principles of Air Cushion BagsBubble wrap is a "magical" packaging material that does not need to be sealed, as gas can only enter or exit during the inflation process, due to the reverse air check valve film of the air column bag.When manufacturing air column bags, two layers of reverse air valve films are used as the inner membrane. The function of these two layers of air valve films is to provide an air intake channel for each air column during the inflation process. Simultaneously, after the air pressure is applied, the reverse air check valve film tightly adheres to the outer membrane. Utilizing the bonding function provided by the pre-made heat-sealing points, the air circuit is tightly closed by the air pressure.Air column bags have strong pressure resistance because the raw material of air column bags is nylon co-extruded film. Co-extruded film belongs to new material technology, which allows different materials to be co-extruded into the same film through multi-die co-extrusion technology. Nylon (PA) is located in the inner layer to provide super toughness and durability, while polyethylene (PE) has compressibility, providing heat-sealing properties.Typically, the structure of the seven-layer nylon co-extruded film used for air column bags is PE-PE-TIE-PA-TIE-PE-PE. Each layer of the film provides different functions, and the different layers are combined into a single film. Air column bags can retain gas for an extended period, which is also enabled by the nylon co-extruded film. Nylon is a barrier material with strong gas retention properties, allowing air column bags to hold gas for up to six months. IV. Application Range of Air Cushion Bags Electronics PackagingElectronic products are related items that operate based on electrical energy, primarily including: watches, smartphones, telephones, televisions, video recorders, camcorders, radios, cassette players, stereo systems, CD players, computers, gaming consoles, mobile communication devices, and more. 02 Fragile Product PackagingFragile products made from materials such as glass, convex and concave mirrors, pottery, and porcelain have significant price variations. Using air column bags for cushioning during transportation can reduce losses. 03 Precision Instrument PackagingFor precision instruments or expensive products, such as pianos and medical equipment, accuracy is of utmost importance. Collisions and bumps can greatly affect their quality. The emergence of air column bags has significantly improved this situation, as the performance of the inflatable bags is pressure-resistant and impact-resistant.  

In the rapidly evolving cosmetics consumer market, innovation in packaging materials (referred to as "packaging") has become a key factor in brand competitiveness. Cosmetic brands are continuously introducing novel packaging designs to meet the growing consumer demand for product aesthetics, convenience, and environmental sustainability. Lao Lin will analyze the market demands and technological advancements behind the innovation in cosmetic packaging, as well as the interaction between these two factors.Source: TianLufen Plant Extract Double-Effect Cleansing OilCosmetic packaging innovation is not only a response to existing needs, but also a result driven by technological advancements and market insights. As consumers pursue personalization and differentiation in products, along with an increased awareness of environmental protection, cosmetic packaging is undergoing a revolution from the inside out.Driven by environmental trends, sustainability has become an important direction for innovation in cosmetic packaging materials. The use of new materials such as biodegradable materials and recycled plastics not only reduces environmental impact but also meets consumers' preference for green products. For example, some brands have launched packaging based on plant fibers, which is both aesthetically pleasing and capable of decomposing under natural conditions, a practice that has received a warm welcome from the market.Technological advancements have also provided possibilities for packaging innovation. The application of digital printing technology has made small-batch customization a reality, allowing brands to quickly adjust packaging designs based on market feedback, and even offer personalized product packaging for different consumers. Additionally, the development of smart packaging technologies, such as the integration of temperature sensing and anti-counterfeiting features, not only enhances user experience but also adds extra value to products.Innovation in cosmetic packaging materials is not without challenges. The development and application of new materials require significant RD investment, and it also takes time to promote new technologies in the market. The varying regulations and standards across different regions pose a major test for multinational cosmetic companies. Despite this, many enterprises remain optimistic about the long-term benefits of packaging innovation and are willing to invest in related RD and market promotion activities.From the perspective of market competition, packaging innovation has become an important means for brands to differentiate themselves. In today's environment of increasing product homogeneity, unique packaging design can help products stand out among numerous competitors and attract consumers' attention. Packaging innovation not only meets existing market demands but also serves as an essential component of brand building and marketing.The innovation of cosmetic packaging materials is a complex process involving multiple aspects such as market demand, technological advancements, environmental responsibility, and brand strategy. With continuous technological progress and the diversification of consumer needs, the innovation in cosmetic packaging materials will continue to evolve toward greater personalization, intelligence, and sustainability. This will bring new opportunities for brands while providing consumers with richer and higher-quality product experiences.

One, the core difference between upper blowing and lower blowing equipment is the direction of airflow determining the process characteristics.The essential difference between up-blowing and down-blowing equipment lies in the design of bubble cooling direction. Up-blowing equipment uses a vertically upward inflation method, where the bubble cools naturally as it rises, with the cooling air ring typically located below the die. In contrast, down-blowing equipment employs vertical downward inflation, with the cooling air ring directly enveloping the die, rapidly cooling the bubble through water cooling or strong air flow. This difference results in significant distinctions in process control and product performance between the two methods.1.Cooling efficiency and crystallinityThe downward-blowing equipment has a more direct contact between the cooling medium (water or cold air) and the membrane bubble, resulting in a cooling rate that is 30%-50% faster than upward-blowing equipment. This effectively suppresses excessive crystal growth and improves the transparency and gloss of the film. In contrast, the natural cooling process of the upward-blowing equipment is more beneficial for the directional arrangement of molecular chains, enhancing the longitudinal tensile strength of the film.2. Thickness uniformityIn downward-blown equipment, the film bubble extends vertically downward under gravity, reducing issues with uneven lateral tension, and the thickness deviation can be controlled within ±3%. In contrast, upward-blown equipment is more susceptible to environmental airflow disturbances as the film bubble rises, resulting in thickness uniformity typically around ±5%.3. Production capacity ceilingThe water cooling system of the down-blowing equipment supports a higher expansion ratio (up to 1:6) and faster drawing speeds (line speeds exceeding 30m/min). The annual production capacity of a single unit can reach 15,000 tons, while the up-blowing equipment is limited by cooling efficiency, with an annual production capacity of usually below 8,000 tons. 4. Cooling methods and transparencyUpstream blowing equipment: uses air cooling (such as IBC internal cooling system), the cooling speed is relatively slow, which may lead to a certain degree of stretching in the arrangement of the film molecules, resulting in relatively low transparency. However, through improved die design and parallel multi-channel technology, it can approach the transparency of cast films.Bottom-blowing equipment: Utilizes water-cooling technology, offering rapid cooling and more orderly molecular alignment, resulting in high film transparency, particularly suitable for packaging requiring high transparency (such as food vacuum packaging).Extrusion Volume and Production EfficiencyThe upward-blowing equipment, due to the stability of its air-cooling system, is typically suitable for large-scale production of high-barrier films, offering high extrusion output, lower equipment investment costs, and minimal material waste.The down-blow equipment is limited by the water cooling process, resulting in slightly lower extrusion rates, but it is more suitable for producing films with high tensile strength and puncture resistance (such as films containing PA or EVOH barrier layers). Performance DifferenceBubble film: Due to the stretching during the blowing process, there is a significant difference in the longitudinal and lateral molecular orientation, which may affect the heat seal performance and temperature resistance. However, through a seven-layer independent temperature control design (such as a planar stacking die head), the barrier properties and functional layer distribution can be optimized, making it suitable for high-functionality scenarios such as greenhouse films.Down-blow film: More uniform cooling and shaping, higher tensile strength, better puncture resistance, and more stable performance of the barrier layer (such as PA in the middle layer). Suitable for high-demand fields such as vacuum packaging and medical applications.II. Finished Product Market ApplicationsFood Packaging:The downward-blowing high transparent film is used for vacuum packaging (such as meat and seafood), blocking oxygen and moisture to extend shelf life.The seven-layer blown film achieves functional layering (such as adding slip agents in the inner and outer layers and a barrier layer in the middle), making it suitable for frozen food packaging and high-temperature cooking applications. 2. Agriculture:The seven-layer co-extruded greenhouse film enables multifunctional stacking (such as light conversion, insulation, and anti-drip anti-fog), enhancing crop yield. 3. Pharmaceuticals and Cosmetics:- The high barrier property of downward blown film is used for moisture-proof packaging of medicines, while upward blown film avoids material decomposition through independent temperature control, making it suitable for encapsulating sensitive components. 4. Industry and Construction: The building membranes produced by upward-blowing equipment (such as waterproof and thermal insulation membranes) are low in cost, while downward-blowing membranes are used for high-weather-resistance decorative materials. Three, Performance Parameter Comparison: The Technological Gambit Behind the NumbersIV. Market Application: Technical Characteristics Determine Value Positioning High-end food packagingThe high-transparency film (haze 5%) produced by the downward-blowing equipment is widely used in high-end fresh food packaging such as steaks and salmon. Its oxygen transmission rate can be controlled below 10 cm³/m²·day, and when combined with vacuum packaging technology, it extends the shelf life to 21 days. On the other hand, the high-strength film (tensile strength 45 MPa) produced by the upward-blowing equipment is more suitable for packaging scenarios that require impact resistance, such as sauce packets and liquid milk.2. Medical device packagingThe precise thickness control (±3%) and low migration characteristics of the downward-blown equipment make it the preferred choice for medical dialysis bags and sterile instrument bags. Data from a pharmaceutical company shows that packaging breakage rates using downward-blown 7-layer co-extruded films are reduced by 60% compared to traditional processes.Industrial Special FilmThe high-toughness film (elongation at break 600%) produced by the upward blowing equipment is used in chemical raw material ton bags, moisture-proof covers for precision instruments, and other fields, while the high-barrier film (moisture permeability 0.5g/m²・day) from the downward blowing equipment has made breakthroughs in new energy fields such as lithium battery aluminum-plastic film and solar back panels.Five, Intelligence Reshaping the Competitive LandscapeThe current industry is undergoing technological iteration:Downdraft equipmentDeveloping in the direction of intelligence, equipped with an AI thickness closed-loop control system, which can adjust the extrusion volume of each layer in real-time, improving material utilization by 15%. Blowing equipmentThe development of electromagnetic induction heating technology has reduced energy consumption by 20% while achieving precise temperature control within ±1℃. Some companies have tried hybrid processes, such as the 'top blowing + bottom blowing' combined production line, to meet both transparency and strength requirements.This decades-long "top vs. bottom debate" is essentially a comprehensive contest among materials science, fluid mechanics, and intelligent control. With the increasing application of bio-based materials (such as PLA, PHA), the two technological pathways may engage in a new competitive chapter in the field of biodegradable co-extruded films.   

Securities Star news, Cangzhou Mingzhu (002108) responded to investors' concerns on the investor relations platform on March 31.Investor's Question: Can your BOPA film be applied in the medical and special fields? For implantable medical devices: using its biocompatibility to develop biodegradable sutures and drug release membranes. Military materials: as a lightweight bulletproof vest substrate or corrosion-resistant ammunition packaging. Although we have not directly involved in military production, the material properties already have replacement potential. Additionally, in new energy and aerospace?Cangzhou Mingzhu replied: Hello! BOPA film products are one of the high-end packaging materials that have developed rapidly in recent years. They are mainly used for food packaging, especially for retort food packaging, oily food packaging, frozen food packaging, liquid seasoning packaging, etc. In addition, they are widely used in general industrial packaging, pharmaceutical packaging, cosmetic and cleaning products packaging, mechanical and electronic products (such as aluminum-plastic encapsulation film for lithium batteries, packaging for some electronic products), household products (such as vacuum storage bags), balloon decorations, and packaging for some grain products.

The National Intellectual Property Administration information shows that Hefei Zhongchen Light Industry Machinery Co., Ltd. has obtained a patent titled "A Rotary Blow Molding Machine with Bottle Bottom Cooling Device," with the authorization announcement number CN 222681732 U, and the application date being April 2024.The patent abstract shows that the utility model discloses a rotary blow molding machine with a bottle bottom cooling device, which belongs to the technical field of PET bottle production. It includes a transfer star wheel, a heating machine, a mechanical gripper one, a blow molding mold, a mechanical gripper two, and a bottle bottom cooling device. The bottle bottom cooling device includes a compressed air recovery component, a compressed air cooling channel, and a bottle bottom cooling component. During operation, the compressed air recovery component conveys the recovered compressed air to the compressed air cooling channel. The compressed air is cooled through the compressed air cooling channel and then conveyed to the bottle bottom cooling component. The bottle bottom cooling component uses the cooled compressed air to cool the bottom of the bottle, preventing the bottle bottom from shrinking due to untimely cooling, which would affect the performance and quality of the bottle. Moreover, the recycled compressed air is cooled through the compressed air cooling channel to cool the bottle bottom, without increasing additional compressed air consumption or requiring extra refrigeration equipment.According to Tianyancha data, Hefei Zhongchen Light Industry Machinery Co., Ltd., established in 2002 and located in Hefei City, is an enterprise primarily engaged in other manufacturing industries. The company has a registered capital of 20 million RMB and an actual paid-in capital of 5.15 million RMB. Based on Tianyancha's big data analysis, Hefei Zhongchen Light Industry Machinery Co., Ltd. has made investments in 6 external companies and participated in 149 bidding projects. In terms of property clues, the company holds 3 trademark registrations and 347 patent records. Additionally, the company possesses 2 administrative licenses.

A French entrepreneur has acquired the French branch of Tupperware and plans to relaunch the brand in multiple European countries, including Belgium and Germany.Tupperware, as a iconic manufacturer of plastic food containers, applied for bankruptcy in September 2024 after years of financial difficulties. The American company faces multiple challenges, including intense competition, the rise of meal delivery services, and a trend of consumers reducing plastic use.It has been reported that Tupperware was taken over by creditors at the end of 2024, who formulated a recovery plan to steer the company back on track. The company decided to retain only 8 out of the 67 countries it operates in and revoked its manufacturing and distribution licenses in the European region.April comeback planOn Tuesday, at a press conference in Paris, entrepreneur Cédric Meston announced the acquisition of '100% of Tupperware France', which was previously affiliated with a Belgian company. According to Meston's plan, starting in April, the brand will return to France, Belgium, Germany, Italy, and Poland.Meston hopes to help the French Tupperware branch emerge from judicial protection by June by submitting a new business plan to the French Commercial Court. As the co-founder of Happyvore, a plant-based meat alternative manufacturer, Meston will take over the business together with entrepreneurs Augustin Rudigoz and Aymeric Porte and collaborate with the current management team.License negotiations are underway.The new owner has set a target of achieving 100 million euros in turnover by the end of 2025 and plans to develop a network of 20,000 independent sales representatives. Meston revealed that he is renegotiating production and distribution licenses for multiple European countries with the US parent company. He stated, 'Approval may come within days.'It is currently unclear whether the Tupperware factory in the city of Aalst, Belgium is included in the restart plan. The factory, which once employed about 220 people, was forced to cease production and sales after losing its production and sales license at the end of 2024, and officially filed for bankruptcy in February 2025.