Vietnam has a population of about 100 million people, and more than 60% are young and middle-aged laborers. The per capita salary is 300-400 US dollars/month. The labor cost is low. The average annual GDP growth rate is more than 7%, and the growth momentum is strong.

At present, there are two Vietnamese PVC and PET plastic manufacturers with an annual output of 300,000 tons. There is only one PP plastic manufacturer in Rongju Factory in Guangyi Province, with an annual output of 150,000 tons. Domestic plastic companies in Vietnam can only supply 20-30% of plastic raw materials by themselves, and about 70-80% (about 3 million tons) of plastic raw materials rely on imports.

Vietnam's demand for waste plastics ranks first among Southeast Asian countries. The market for recycled plastics in Vietnam includes PET, PP, PE, PS, ABS, and PA. Main import ports: Haiphong, Ho Chi Minh.

PET: Chemical fiber plants that use PET waste as raw materials. There are 13 chemical fiber plants throughout Vietnam, and the annual demand for PET waste is 300,000-400,000 tons. At present, the country can only meet 1/3 of the quantity, and 2/3 of about 200,000 to 300,000 tons need to be imported.

PET straps: There are about 40 factories in Vietnam. 20% are sold locally in Vietnam and 80% are exported to China.

LDPE: Imported LDPE industrial film and LDPE recycled particles are used to produce packaging bags for daily shopping bags.

HDPE: In addition to blow molding and piping, a sunshade net factory with tens of thousands of tons of bottle caps as a raw material is ready to be put into production in the near future.

PP waste: processed to make woven bags and PP rope.

PS, ABS waste: the production of bags, small home appliances, tableware and other markets is also steadily increasing.

After the Sino-US trade war, China's furniture industry shifted. In 2018-2019, more than 20 large furniture factories moved from China to Vietnam. The production of one major category of office chairs has a huge increase in demand for PA and PP recycled materials. PA is used to produce five-star corner bases for office chairs. PP is used to produce office chair armrests and backrests. Nearly 10 billion US dollars of chairs are exported to Europe and the United States every year.

Therefore, the plastic optical brightener produced by RAYTOP Chemical Co., Ltd. has a large market in Vietnam.

Fluorescent brighteners are mainly used to remove yellowing and whitening of recycled plastics. Below we mainly introduce the characteristics and uses of our star product fluorescent brightener OB-1.

Fluorescent Brightener OB-1

The main feature is the high melting point, which can reach 360 ℃, which is a good choice for the production of high temperature products. 

The fluorescent whitening agent OB-1 has two appearance colors, green and yellow. The whitening effect is the same except that the shade of yellow OB-1 is a little purple. But for customers who produce color masterbatches, the yellow-green appearance of the fluorescent whitening agent OB-1 directly affects the appearance color of the particles, so be careful when choosing.

The optical brightener OB-1 is widely used in PP, PET, PS, ABS, HDPE, LDPE, PVC, PBT etc plastics industry. In addition, the optical brightener OB-1 is also widely used in polyester staple fiber and color masterbatch.