(Shanghai, PRC –Sept. 13, 2012) – Ringier Trade Media Ltd. and its magazine - International Plastics News for China have recently announced the winners of the 2012 Ringier Technology Innovation Awards for the Plastics Industry. Following a strict selection process of the independent judge panel, with reference to the results of online voting, 33 winning companies featured their innovative products across 10 categories. More than 120 high-level delegates from winning companies such as DOW Chemical, Evonik, Haitian International, and Mold-Masters participated the grand ceremony and gala dinner, together with the Awards judges, magazine readers and industry media.

This year, the Plastics Industry Innovation Awards attracted 93entries from 88 international and local companies. The number of companies and entries increased by 40% and 8% this year and this reflects the continued impact and widespread recognition of the Awards in this industry.

Since its launch in 2006, the Ringier Technology Innovation Awards have encouraged, acknowledged and rewarded those individuals and companies who have introduced and developed a new idea, a new method, or a new product or technology. The event is composed of three steps: nomination, judging and the award-presentation ceremony. “The bottom line is that these Awards are designed to drive innovation in China’s plastics industry”, said Mr. Mike Hay, President of Ringier Trade Media.

Mr. Hay also emphasized the difference between the Ringier Technology Innovation Awards and other industry awards present in the market by stating: “One of the most important elements in any Awards Program is that it must be honest, it must be fair, and it must be transparent and that it truly identifies -in our case – Innovation. Our judging process is completely neutral, objective and fair. First of all, it is the independent panel of experts – the judges who play the key role in the selection of the winners that is one important feature that makes the Ringier Industry Innovation Awards special and different from other such programs in China. These judges cannot be bought, we cannot be bought – nominations are open to everybody in the industry and the final winners are selected solely on their merit – and nothing more. Moreover, Ringier Plastics Innovation Awards is the only Award that not only focuses on the suppliers who introduce the products or technologies but recognizes end users that show Innovation in their manufacturing process and or product design.”

This category awarded manufacturers who significantly improved their plastic processing so as to achieve energy savings, environmental friendliness and material savings as well as have better and consistent product quality and design. Thirdly, local companies accounted for two-third of the Award winners this year, justifying that the plastic industry in China has been able to keep pace with international brands and in some cases improve on them.

The panel of judges and market professionals who presented the Awards to winners included Mr. Liu Jianguo, Secretary-general of Plastic Trade Association of Shanghai; Mr. Liu Depu, Vice president & Secretary, Shanghai Mould Industry Association.

Next year’s Awards will be held in September in Shanghai, 2013.

Appendix 1: Winners List for 2011 Ringier Technology Innovation Awards for the Plastics Industry

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