Trading In Plastic Products Companies in Malaysia

The Malaysian government has been encouraging the use of recycled plastic products in an effort to reduce the country's reliance on imported raw materials and to create a more sustainable economy. As a result, many companies have started to produce recycled plastic products.

However, the market for recycled plastic products is still relatively small and most companies are only able to sell their products to other businesses, rather than to consumers. This is because recycled plastic products are often more expensive than their non-recycled counterparts and consumers are often not willing to pay the premium.

In order to increase the market for recycled plastic products, the government has introduced a number of initiatives, including a tax exemption for companies that use recycled plastic. This has helped to make recycled plastic products more affordable and has resulted in an increase in demand.

However, the government has also been working to reduce the amount of plastic waste that is produced in the first place. This is because recycled plastic can only be used to create new products if there is a sufficient supply of raw material.

To this end, the government has introduced a number of measures, including a ban on the use of plastic bags and a levy on plastic bottles. These measures have helped to reduce the amount of plastic waste that is produced