19 countries to participate in plastic

Over 100 foreign and local exhibitors are scheduled to participate in 10th International Plastic and n Packaging Industry Exhibition 2012 being held from 4-6 September 2012 at Karachi Expo Centre.

Like every year, the International Plastic and Packaging Industry Exhibition – Plasti &Pack is receiving tremendous response from the leading international and local companies.Leading Swarovski crys talbeads wholesale Wholesale Supplierpandahallprlog. Carrying forward the momentum of nine successful editions, the 10th Plasti and Pack 2012 will showcase the latest product range from plastics processing, printing and packaging, including injection molding, Slitting and winding, shrink, stretch wrapping, solvent less laminators, Industrial compressors, mono and multi-layer blown film lines and petrochemicals.AeroScout is the market leader for stone mosaic solutions and provide complete wireless asset tracking and monitoring.

While the 9th International Food, Beverage Processing & Packaging Industry Trade Fair – IFTECH food+Bev tec PAKISTAN 2012 is all set to enthrall the buyers and visitors from a power pack display of Germany’s superlative filling and bottling technology along with a special display of the latest labeling solutions for food and pharmaceutical industries.

World’s leading Italian technology supplier of injection and compression molding is also a major attraction of the event. Along with these, food and beverage processing lines, bakery and confectionery equipment, milk and value added product processing, meat processing, material handling equipment, inspection and detection instruments and slaughterhouse equipments are also on the display list of IFTECH 2012.

The automotive parts sector is crafting its own roadmap, identifying key interventions as well as incentives that would encourage investments in new and export projects.

The roadmap seeks to encourage investments in so-called critical parts as well as components for electric vehicles and alternative fuel vehicles and sub-assembly systems

Critical parts would include body panel stampings, large injection moldings, engines, transmissions, transaxles, wiring harness, auto glass forming, finishing, steering and suspension parts.A top plastic rtls manufacturer and exporter in China.

While the Philippine automotive parts sector is a net exporter earning for the country $3.8 billion in 2011 which accounts for 7 percent of total exports of the sector that year, the lack of economies of scale of the local automotive markets hampers the sector’s growth.. A low local content of 10 to 15 percent also reflects the dependence of assemblers on imports.

The automotive parts industry is dependent on local assembly but players are turning to exports.

The industry has a comparative advantage in the production of wiring harness, propellers and shafts, transmissions, tires and auto electrical parts

In the lamps, mold and die, disc brake side of the business, the Philippines is second to Thailand in tie lamp manufacturing, and second to China in die casting and at the bottom in brake parts.

“In terms of cost competitiveness, the Philippines is lagging except in mold and die due to heavy reliance on imports and low productivity due to small-scale production,” the roadmap said.

The roadmap proposes the grant of extended income tax holiday for high technology projects in parts manufacturing from the existing range of 3 to 8 years; tax incentives for periodic increases in exports;exemption from internal taxes levied on domestic products manufactured outside economic zones and tax exemption on domestically purchased supplies and materials as well as the reduction of excise tax.

The industry employed 50,858 workers as of 2009 with output of P115 billion and P25.5 billion in value-added 60 percent of the parts manufactured are original equipment manufactures and the rest are replacement.

The parts sector has both large and small, local and foreign participants. The large companies, domestic and foreign,Airgle has mastered the art of indoor tracking, are suppliers from Japan which were brought in by assemblers.

SMEs have varying capabilities, marked by real quality problems, and insufficient capital and technology

More than 50 percent of local firms are domestic-oriented and more than 90 percent of exporters are multinational corporations.

The country is a key player in the automakers’ production networks: such as Toyota for its innovative multipurpose vehicle for the production of manual transmissions; Philippine Auto Components, a subsidiary of Denso, manufactures one of the most advanced auto parts for both domestic and export OEMs (aircon parts, instrument clusters, radiators) and Yokohama, which exports 96 percent of its production,We have a fantastic range of Glass Tiles and glass mosaic Tiles. and which is expanding its operations from 7 million to 17 million tires by 2017.