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(From Chemical Business NewsBase - Asian Chemical News)
The Malaysian plastics industry has been undertaking a restructuring programme in response to the fast-changing business environment and increasing competition from countries with low production costs. Malaysia expects to benefit from China's entry into the WTO and the creation of the Asean Free Trade Area (Afta). The country has hurdles to overcome, including a decline in foreign investments, a small domestic market and a shortage of skilled labour. The…