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Malaysia announces that 30% of plastic recycling companies may go bankrupt due to the lockdown of the country!

 Last Update: 2022-08-22
 Source: Internet
 Author: User

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On the evening of March 16, Malaysia's new Prime Minister Muhyiddin said in a televised speech: Malaysia will implement strict immigration control measures from March 18 to 31: prohibiting nationals from leaving the country, while prohibiting foreigners from entering

From March 18th to 31st, Malaysia will implement gated community management throughout the country

Large gatherings, including religious, sports, social and cultural events, will also be completely banned across the country

Muhyiddin said that China has effectively controlled the spread of the new crown pneumonia, indicating that the epidemic is under control

The escalation of prevention and control measures shows that the Malaysian government attaches great importance to the epidemic, and all the consequences and impacts brought by it

Recently, affected by the new crown epidemic, Ho Lianwei, president of the Malaysian Plastics Recycling Association (MPRA), accepted an exclusive interview with Nanyang Siang Pau.
It subsided a month ago, and 30% of local plastic recycling companies will face bankruptcy

He Lianwei described that the plastic recycling industry has been almost paralyzed by this sudden epidemic

This wave of epidemic affects all walks of life.
"Just as China imports plastic raw materials to China, once its status as a world factory is affected, there may be a shortage of auto parts in minutes, and the entire automobile manufacturing will be paralyzed

Domestic plastic recycling companies supply a large amount of plastic raw materials to China.
Even if orders come in, they will face freight problems in the current situation
.

Under such circumstances, "closing the country" is a helpless move, and it is imperative
.
The new crown pneumonia epidemic has brought a "fatal blow" to the plastic recycling industry.
We wish Malaysia and believe that Malaysia will break through the epidemic as soon as possible!

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