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VietnamPlas 2025

2025-10-22

Latest company news about VietnamPlas 2025

Technological Empowerment Drives Industrial Upgrade: Haimin Technology Showcases at VietnamPlas 2025 to Deepen Presence in Southeast Asia's Plastics and Rubber Market  
—— Leading Domestic Manufacturer of Core Components for Twin-Screw Extruders Expands Global Footprint with Innovative Solutions  

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From September 17 to 20, 2025, the 23rd Vietnam International Plastics & Rubber Industry Exhibition (VietnamPlas 2025) commenced grandly at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. As the most influential plastics and rubber industry event in Vietnam and Southeast Asia, this edition attracted over 650 enterprises from more than 20 countries and regions, with an exhibition area spanning 22,000 square meters. It showcased innovative achievements in key areas of industrial transformation, including green materials, precision machinery, recycling technology, and smart manufacturing. Sichuan Haimin Technology Co., Ltd. (hereinafter referred to as "Haimin Technology") made a notable appearance with its core components for twin-screw extruders and customized solutions, leveraging its self-developed high-end equipment technology to precisely address the upgrading demands of the Southeast Asian market, garnering widespread attention from international buyers.  

Addressing Market Pain Points: High-End Components Demonstrate Technical Excellence  

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During the exhibition, Haimin Technology highlighted its core products, such as screw elements, high-precision barrels, heavy-duty gearboxes, and side feeders. These products became a focal point of the event due to their advantages in high load-bearing capacity, transmission efficiency, and operational stability. As a specialized manufacturer of auxiliary equipment and components for parallel co-rotating twin-screw extruders, Haimin Technology has consistently focused on technological innovation in core components since its establishment in 2017. Its products are now maturely applied in extrusion equipment of several internationally renowned brands, covering high-growth sectors such as plastic modification, biodegradable materials, and lithium battery separators.  

In response to the core demands of Vietnam's plastics industry transitioning toward "refinement, efficiency, and sustainability"—such as the high-precision requirements for modified plastic processing equipment in lightweight automotive component production and the urgent need for corrosion-resistant components in biodegradable material production lines—Haimin Technology's on-site customized solutions demonstrated the potential to increase production efficiency by over 15% and significantly reduce defect rates. These offerings perfectly align with local enterprises' transition from "capable production" to "excellence, precision, and profitability." At the exhibition, automotive parts manufacturers and plastic modification companies from Vietnam, Indonesia, Thailand, and other countries frequently stopped for consultations, with several expressing clear cooperation intentions and three preliminary procurement agreements being reached.  

Expanding in Southeast Asia: Technology Export Builds a Global Service Network  
Currently, the plastics and rubber industry in Southeast Asia is experiencing dual opportunities of capacity expansion and technological upgrading. Vietnam, as a core hub for manufacturing relocation, continues to exhibit robust demand for plastic processing equipment, with the new energy vehicle sector alone driving an annual demand for modified plastics exceeding 10,000 tons.*** twin-screw extruders have seen sustained growth, with a 19.8% year-on-year increase in export value in 2024, positioning Southeast Asia as a key overseas market. Haimin Technology's participation in this exhibition is a strategic move to capitalize on industry trends and accelerate its international expansion.  

"The demand for high-end extruder components in Vietnam and Southeast Asia is growing rapidly, with customers not only focusing on product performance but also emphasizing the adaptability of holistic solutions and localized services," stated Haimin Technology's overseas market director. The company has established a dedicated international service team to provide end-to-end support, from product selection and technical debugging to after-sales maintenance. Future plans include further deepening the service network in Southeast Asia to build a dual competitive advantage of "technology + service." This strategy aligns closely with the current characteristics of China-Vietnam cooperation, characterized by "technology transfer + capacity co-development," enabling the company to contribute to local industrial upgrading while expanding its global market share through the export of core technology and service expertise.  

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Innovation-Driven Development: Facilitating Sustainable Industrial Transformation  
Driven by global carbon neutrality goals and the wave of smart manufacturing, the plastics and rubber industry is accelerating its transition toward sustainability and intelligence. Haimin Technology keeps pace with industry trends, consistently increasing R&D investment in recent years. Its products have achieved breakthroughs in energy conservation, consumption reduction, and smart compatibility, seamlessly integrating with digital production management systems (MES) and supporting equipment status monitoring and remote diagnostics. These advancements align with the requirements for increasing the localization rate of key foundational components outlined in the "14th Five-Year Plan for Smart Manufacturing Development." The heavy-duty gearbox showcased at the exhibition, with an output torque exceeding 5,000 Nm, falls within the mid-to-high-end core component category, and its rising localization rate is challenging the previous market dominance of European brands.  

Moving forward, Haimin Technology will continue to prioritize technological innovation as its core driver, focusing on component demands in emerging fields such as new energy materials and biodegradable plastics, while continuously optimizing product performance and service systems. Additionally, leveraging international platforms like VietnamPlas, the company aims to deepen industrial synergy with Southeast Asian markets, promote the global expansion of domestic high-end equipment components, and contribute the power of "Chinese Intelligent Manufacturing" to the sustainable development of the plastics and rubber industry.

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