The global market size of polypropylene (PP) recycled plastics has exceeded 8 million tons, with an annual growth rate of 12%, far exceeding the 3% growth rate of virgin PP. This "white gold", which accounts for 28% of global plastic consumption, is staging a counterattack from "white pollution" to "green circulation" through technological innovation and industrial chain collaboration.

As a popular destination for Chinese enterprises going global, what are the recent new developments in the plastic recycling industry in Vietnam? How will the Extended Producer Responsibility (EPR) system, which was implemented just last year, impact the plastic recycling industry there?

In April 2025, the comprehensive operation index of domestic recycled plastic enterprises was 50%, a decrease of 0.5 percentage points compared with the previous month.

Huizhou Tianhong Machinery Manufacturing Co., Ltd. participated in the 2025 CHINAPLAS International Rubber and Plastics Exhibition. The company showcased its new TX series products at the exhibition and received certain attention and recognition due to their technical advantages.

On April 14th, Guojun He, our General Manager will deliver a speech titled "Intelligent Purification, Extraordinary Filtration-Innovative No-Wire Filtration Solution, Embarking on a New Era of Efficiency for the Plastics Industry!" at the 2025 CHINAPLAS x CPRJ Plastic Recycling Forum.

With the construction of the domestic recycled plastic circular economy industrial park, it marks a crucial step forward for China's recycled plastic industry towards large-scale operation, intelligence, and green development. Centering on the core concept of "crushing 10,000 tons of large plastic pieces and reshaping the value of resource recycling", a comprehensive industrial chain base integrating waste plastic recycling, processing, and high-value utilization has been created. It is expected to process over 100,000 tons of various waste plastics annually, achieving a closed-loop development of "resources—products—recycled resources", and providing an industrial demonstration for the implementation of the "dual carbon" goal.

On March 14, 2025, the Launch Meeting of the National Standard for "Requirements of Production and Sales Management System of Recycled Plastics" and the First Working Meeting for the Formulation and Revision of the Standard were successfully held at the China National Institute of Standardization. More than 50 representatives from industry associations, universities, scientific research institutions, and enterprises participated in the meeting both online and offline.

As the key equipment in the plastic processing industry, plastic machinery occupies an important position in China's manufacturing industry system. After more than 70 years of development, a complete industrial chain has been established at present. It not only meets the domestic demand but also shows strong competitiveness in the international market.

On March 5th, during an exclusive interview with the reporters of our newspaper, Changyou Zhou, a deputy to the National People's Congress, focused on the hot topics of the recycling and utilization of waste plastics and the development of a circular economy, and deeply shared his research findings, opinions and suggestions. He stated that the problem of plastic pollution is becoming increasingly serious, and it is extremely urgent to strengthen the recycling and utilization of waste plastics and develop a circular economy.

In 2025, CHINAPLAS released the following ten technological trends in rubber and plastic, analyzing the trajectory of technological innovation in the rubber and plastic industry, helping upstream and downstream enterprises in the rubber and plastic industry chain seize market opportunities, and empowering the high-quality development of the rubber and plastic industry.