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Market Updates 28/11/2022

Stavian Chemical leads the way with the 'One-Stop Shop' solution for the global plastics industry at K 2022

DÜSSELDORF, Germany, October 17, 2022 -- Stavian Chemical is showcasing its exceptional 'One-Stop Shop' solution' and a wide range of polymers, affirming its leading position in the global plastics industry, especially in Europe, during the K 2022.

With a history of 70 years and 22 successful events, K is the world’s No. 1 trade fair for plastics and rubber, gathering all leading enterprises to update and share about the industry’s latest innovations. This year, the K 2022 is taking place from October 19 - 26 at the Fairground Düsseldorf to present new products and innovations from all sectors of the industry – from production to processing, to mechanical engineering while guided by three main themes: Circular Economy, Climate Protection, and Digitalization. The event attracted the participation of more than 3,000 businesses from 60 countries.

The joy of the plastics and rubber industry finally being able to exchange ideas in person on a global level again after three years characterized K 2022 Düsseldorf and ensured an excellent mood among the 3,037 exhibitors from 157 countries and 176,000 visitors. Top marks were given by visitors to K 2022 for the completeness of its ranges and its mapping of the entire supply chain. 98% of all professionals stated they had fully achieved the goals associated with their visit.

The first time joining K as a Premium Exhibitor, Stavian Chemical showcased its exceptional  'One-Stop Shop' solution' and a wide range of premium quality resins.

Stavian Group Stavian Chemical

"The European plastics market is forecasted to grow by around 2% annually, reaching a volume of US$108 billion in 2031. As an international polymer distributor, and a major manufacturer of eco-friendly biodegradable packaging with high trustworthiness in the chemical industry, Stavian Chemical is proud to showcase One-Stop Shop at the K 2022 and become a strategic partner supporting the sustainable growth of European clients," said Stavian Chemical representative.

Proving its value to European clients, Stavian Chemical delivers innovative and sustainable solutions for customers and partners while maximizing values and prosperity for all stakeholders. In 2021, the company has developed a network of more than 21 offices and 40 warehouses across 30 countries. It also has served 14,000 partners across more than 100 countries, and this exponential business growth resulted in revenues of US$1.2 billion last year.

Stavian Group Stavian Chemical

"Spurred on by the European Union – Vietnam Free Trade Agreement (EVFTA), Stavian Chemical has entered Europe with a strong proposition, bringing premium quality polymers from Vietnam, China, South Korea, and other countries that are priced competitively. We have also developed a bonded warehouse ecosystem in Europe. This expansion is ongoing and we want to ensure effective logistics, timing, and cost efficiency not only in the European market but also for our clients worldwide," he added.

Source: PR Newswire