Monday, October 25, 2010

Matrade In Germany Mission To Promote Rubber And Plastic Products

KUALA LUMPUR, Oct 25 (Bernama) -- Thirteen Malaysian companies will participate in K 2010, the world's largest international trade fair for the plastic and rubber industries.

Malaysia External Trade Development Corporation (Matrade) will lead the companies at the Malaysian Pavilion in K-2010, which will be held in Dusseldorf, Germany, from Oct 27 to Nov 3.

In a statement on Monday, Matrade said Malaysia's participation at K-2010 will coincide with its specialised marketing mission for rubber and plastic products to Dusseldorf from Oct 24 to 29.

"As Germany pulls out of one of the worst recessions in recent times, the Malaysian rubber and plastic industries are taking stock and preparing for the future," said Matrade chief executive officer Datuk Noharuddin Nordin.

"K 2010 has come at the right time to help them boost their export orders to Germany. Our specialised marketing mission to Dusseldorf and our presence at K 2010 will provide opportunities for Malaysian companies to assess Germany's market conditions and potential demand for Malaysian plastic and rubber products in 2011 and beyond," he said.

Among European Union countries, Germany was Malaysia's largest trading partner last year with Malaysia's total exports to Germany valued at RM14.83 billion.

Last year, Malaysia's exports of rubber and plastic products to Germany were worth RM629.6 million and RM125.5 million respectively.

From January to June 2010, Malaysia's exports of rubber and plastic products to Germany were valued at RM340.7 million and RM60.2 million respectively.

(bernama.com.my)

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