PLASTIC EFFECT
Learn how to create plastic looking text or images
Create a new image (800 x 800 px)
Select a foreground color (more effective with bright colors)
Draw an image or enter a text
Add a layer style to your image or text
Right-Click the layer, Blending Options..., Select Inner Shadow (use the following settings)
Make a selection of the image (CTRL-Click on the image layer)
Now go to the channels palette
Add a new Channel of the selection (Add new channel and paste image)
Gaussian blur the channel Filters>Blur>Gaussian Blur (12 px)\
Inverse the selection and hit delete (Black background in the color palette)
Return to the image layer in the layers palette
CTRL-Click the image layer
Ceate a new layer and fill the highlighted selection with black
Add a lighting effects filter Filters>Render>Lighting Effects (use the following settings)
Gaussian blur the layer Filters>Blur>Gaussian Blur (2 px)
Add a layer style to your image or text
Change the layer mode to Color Dodge and reduce the Opacity to 17
Duplicate that same layer and change the layer mode to screen
You now have a plastic looking image
The settings I used worked well with my image
Play around with the settings to get optimal designs on your image or text