SHANGHAI (Sept. 28, 2:05 p.m. ET) — Like a lot of foreign plastic molders making medical devices in China, American injection molder MedPlast Inc. has its eye on the growing local market. It has previously focused on exports, but it hopes to now get approval from Chinese regulators to be a registered device maker for the domestic market.
North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.
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