Higher earnings for plastics, packaging firms

Also, plastic players like Thong Guan Industries Bhd, BP Plastics Holding Bhd and SLP Resources Bhd have guided for stronger demand from their Japanese customers due to power disruptions in China, which diverted orders to Malaysia.

KUALA LUMPUR: The plastics and packaging sector is expected to see better earnings across the board in the fourth quarter (Q4) of 2021 compared with the third quarter.

This will be achieved on the back of normalisation of operations with 100% workforce capacity, elevated average selling prices (ASPs) and resilient demand.