Avient to Expand Color Concentrate Capabilities in Vietnam

Avient Corporation, a leading provider of specialized and sustainable material solutions and services, will complete the expansion of its existing color concentrate production capabilities at its Binh Duong facility in Vietnam next month. This initiative will increase the speed to market and service level for local customers seeking unique color solutions to enhance the aesthetics and appeal of high-quality end products. [caption id="attachment_121451" align="aligncenter"] Avient to Expand Color Concentrate Capabilities in Vietnam. (Photo Avient, AVIPR005)[/caption]  

Say-Eng Lee, Vice President and General Manager of Avient's Color & Additives Asia, states, "Plastic demand has become one of the fastest-growing areas of the Vietnamese economy," and adds, "As consumption increases, requirements for high-quality color concentrates become more demanding, and leading brands are focusing on new color solutions. We have increased our production area by more than 30 percent and added state-of-the-art equipment to our machinery portfolio to shorten lead times in developing and producing high-quality color concentrates. As a result, local customers will benefit from expert technical support as well as an efficient and agile operation. Additionally, we can be more responsive in accelerating customer development timelines and help shorten their time to market."

According to Vietnam Economic News, Vietnam's plastics industry is currently experiencing annual growth rates of 16 to 18 percent, with key segments including packaging, construction, and electronics. Avient's advanced local conversion for color concentrates will support mid and upper-end markets with consistent color quality, creative applications of special effects, and unique colors to enhance product appeal and meet brand requirements. With the expansion, Avient will also improve lead times for local color matching. Avient's sustainable color concentrates can particularly support the country's initiatives to promote recycling and reuse of plastic waste. For example, the use of recyclable CESA™ IR additives, which enable identification of black plastics for recycling, can reduce the environmental impact of dark-colored packaging. Avient has also strengthened its global commitment to helping customers overcome the challenges of plastic recycling with the official opening of its new CycleWorks Innovation Center in Italy. The new center will focus on facilitating partnerships and developing new technologies to further advance the feasibility of recycling. Avient also offers color concentrates for biodegradable plastics including PLA, PHA, PHBV, PBS, and TKBB, as well as custom blends of these materials that do not compromise the organic recyclability of the resins they have developed.