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POLYMER is in a favorable position to address the challenges facing the Australian plastics industry, especially with rising input costs and the pressure on manufacturers. The increase in manufacturing expenses, combined with the new minimum wage, highlights the need for solutions that can help improve cost efficiency.
Established in 2011, Polymer Link is in the plastic rotational molding supply chain. The group specialises in the formulation, compounding, and grinding of plastic powder for both general and specialty applications, as well as the production of colour masterbatch.
The materials are used for producing large, hollow plastic products through rotational molding, such as insulated cooler boxes, water tanks, diesel fuel tanks, playground equipment, and modular housing components.
Polymer Link is allocating 20.7% of the fresh funds to open a new warehouse to store manufactured plastic powder in Brisbane, Australia. The company has also earmarked 25.5% of the proceeds for working capital, 14.9% for purchases of new machinery, and 8.2% for repayment of bank borrowings.
NCT Land Partners with Kuala Langat Municipal Council to Promote Smart Industrial Park and Urban Development Plans
In addition to the industrial park, the partnership extends to the overall industrial master plan and redevelopment projects aligned with local urban planning in Kuala Langat. This includes integrating smart city features, digital infrastructure, IoT systems, as well as human-centered amenities such as parks, markets, and community halls.
