The export-oriented Malaysian plastics industry has to set higher quality and innovative standards to stay competitive, said Lim Kok Boon, president of the Malaysian Plastics Manufacturers Association.
For this, MPMA has formulated a technology roadmap to transform the industry into a world-class player within the next decade.
Lim spoke Sept. 28 at the opening of the MPMA International Plastics Conference 2010 in Kuala Lumpur.
Lim said the roadmap effort has identified five core areas: advanced materials, new product development, advanced manufacturing technology, education and training, and sustainable development.
Lim urged members to focus on these areas, and he announced that MPMA has submitted a proposal asking for government help on product development and worker training as well.
The proposal is aimed at helping MPMA members stay ahead of the competition in global markets, where rivals have started to upgrade.
Lim said Malaysia's plastics industry needs to ensure that future growth is both sustainable and inclusive. To meet this challenge, the industry has to adopt innovative production approaches, be it in the development of products or manufacturing operations, he said.
The association is working to help the Malaysian plastics industry move toward a higher-income economy, according to Lim.