The Principal of iPlast 4.0, Anston Tan, was invited as a speaker at the MPMA International Plastics Conference (MIPC) 2017.
The conference – the eight edition of its kind – took place in Kuala Lumpur from 23rd to 24th May. It was organised by The Malaysian Plastics Manufacturers Association (MPMA) and Malaysian Investment Development Authority (MIDA).
Anston spoke on the topic of “Industry 4.0 Updates – Implications for the Plastics Industry.” He said the concept of Industry 4.0 can be injected into the the traditional plastic industry and SMEs, thus giving way to Smart Product, Smart Production, Smart Equipment and Smart Service.
Anston said the pros of Industry 4.0 to the plastics industry are manifold. This includes bringing more young Malaysians into the industry.
Various stakeholders in the plastics industry attended the conference, including industry leaders, engineers and academics. Datuk Seri Ong Ka Chuan, Minister of International Trade and Industry II, officiated the event. Also present were Vice-President of MPMA, Datuk Noraini S Talib, and Eddie Fong, Secretary-General of MPMA, and Ahmad Khairudin, Executive Director of MIDA.
This year’s conference theme was “Navigating the Future of Plastics for the Next Decade.”
Since the organisation of the first MIPC in 2002, Penang, MPMA has been a leader in creating a platform for the sharing of information on latest technology developments for plastics professionals who want to advance their knowledge and grow their businesses.
Malaysia is one of the top exporters of plastics in the ASEAN region. The year 2016 saw an increase of 1.24% to RM13.06 billion from RM12.90 billion in 2015. Meanwhile, the growth momentum continued at RM3.5 billion in the first quarter of 2017. The primary export destinations include Europe, China, Singapore, Japan and Thailand.
Between 2013 and 2016, a total of RM4.5 billion of investments were given to 186 projects.
These investments have created 14,500 job opportunities and more than 1,300 plastics companies are in operation in the country today.