25 Oktober 2011

Asian WPC makers eye local markets, but face overcapacity

Companies to diversify away from their traditional focus on decking and building materials

Facing declines in their traditional export markets in North America and Europe, Asia’s wood-plastic composite makers are increasingly switching their focus to their regional markets, where local demand is growing more than 10 percent a year.

While that might suggest good times, it seems that too many people have had the same idea – the massive factory building binge among China’s WPC makers in recent years has left the country saddled with overcapacity, executives said at a recent conference In China.

… Full text: www.plasticsnews.com/headlines2.html?id=23505&channel=337

Keywords: composites, door panels, automakers, furniture, natural fiber composite, WPC technology, natural fiber-polypropylene

Source: Plastics News, 2011-10-25.

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