POLYMERIC TECHNOLOGY SDN BHD | APEA - Regional Edition - Asia Pacific Enterprise Awards

POLYMERIC TECHNOLOGY SDN BHD

 

CORPORATE EXCELLENCE CATEGORY

POLYMERIC TECHNOLOGY SDN BHD

Chemical & Plastics


www.polymerictechnology.com

Information about the Company

Polymeric Technology Sdn Bhd is a dynamic chemical manufacturer specializing in polymer synthesis, with a particular focus on resin and additive production for coating and ink applications. Founded in October 2004, Polymeric Technology Sdn Bhd embarked on a journey into the chemical manufacturing sector, with a primary focus on coating resin. It offers an extensive range of coating resins and additives, which are marketed under a registered product trademark.

At Polymeric Technology Sdn Bhd, the mission is to establish itself as an international brand and manufacturer that offers unparalleled value and innovative resin, coating solutions, and services. It achieves this through a synergistic blend of business streams, all aimed at exceeding customer expectations.

The company’s vision is to become a world-class innovative polymer manufacturer, driving advancements in polymer technology, and propelling the coating industry to new heights.

In the journey of achieving its vision and mission, the most challenging obstacle that the company has ever experienced is sustaining its operations during the Covid-19 outbreak where the global population was affected socially and economically. When surrounding businesses collapsed and ceased production, Polymeric Technology Sdn Bhd was able to pull through by engaging closely with existing and potential customers and restructuring its plan of action in managing the company.

Corporate Culture & Company Activities

Polymeric Technology Sdn Bhd believes in maintaining a strong commitment to empowering the right person with a strategic approach that aligns leadership practices with the company’s values and goals. The company has cultivated a corporate culture where employees from all levels feel valued, motivated, and empowered to contribute to the success of the organization. It has developed Lead by Example programs where its employees will have a chance to organize programs and offer autonomy and decision-making authority with the guidance of an Advisor.

These programs include Innovative and Connectivity Seminars, Sports Club Tournaments, 5S events, Annual Dinners, and other kinds of events. Thus, Polymeric Technology Sdn Bhd has created opportunities for skill development, and the promotion of collaboration and teamwork. It avoids a hierarchical approach within the organization and instead promotes a culture where everyone’s contributions are valued.

Polymeric Technology Sdn Bhd regularly fosters an environment where open and honest communication is encouraged. Leaders should actively listen to employees, value their input, and involve them in decision-making processes. The company also actively solicits feedback from employees regarding the effectiveness of the culture and leadership approach. Using this feedback, it will be able to make informed decisions and adapt strategies to better empower employees for further advancement.

The Coating Industry’s Path to Innovation That Wins Polymeric from Evolution to Innovation.

Achievements and Impact

The company was established in 2004 with one employee, producing resin with toll manufacturing, working with its self-supplied raw materials, formulas, and manufacturing process. Since then, Polymeric Technology Sdn Bhd has set up its own manufacturing plant with six production lines, featuring high-temperature and low-temperature reactors for condensation polymerization and radical polymerization. Polymeric Technology Sdn Bhd has expanded its business worldwide with a presence through distributors in Vietnam, Thailand, Philippines, Indonesia, Taiwan, South Korea, China, and India, as well as through representatives in Italy.

Polymeric Technology Sdn Bhd has also registered its product brand name and logo, producing more than 100 types of coating resins for various applications. The company has achieved a breakthrough with its thixotropic resin technology that produces metallic coatings with no-leafing metallic pigment, which can be applied with a paintbrush or roller.

Polymeric Technology Sdn Bhd has earned recognition from prestigious awards and standards. It proudly boasts ISO 9001:2015, ISO 14001, and 45001 standards for QMS, EMS, and OHSMS, delivering top-tier products and services to customers worldwide.

In order to remain suitability and stay in a technology-oriented direction, Polymeric Technology Sdn Bhd has set up the Polymer Innovation Lab, the Coating Development Lab, and the Analytical Lab equipped with advanced scientific analytical equipment. This has allowed the organization to acquire the ability to perform tests to analyze the performance of its resin. These enhanced capabilities are not only limited to the innovation of resin technology but are also used to guide the development of downstream applications.

Future Direction

Polymeric Technology Sdn Bhd aims to be one of the leading organizations in polymer evolution and innovation.

Therefore, Polymeric Technology Sdn Bhd has been focused on producing environmentally friendly coating products, aiming to reduce the global CO² emissions. The company has already taken note of how water-based, low-VOC (volatile organic compound) coating resins and bio-based coating resins are becoming more prevalent.

Polymeric Technology Sdn Bhd is also exploring ways to incorporate renewable materials and implement recycling and circular economy practices. The company will also be doing more to promote R&D efforts aimed at innovating new products or improving existing ones using recycled or bio-based materials.

There are also currently discussions for investments in technology and partnerships with suppliers, research institutions, or other companies there facilitate these advancements to achieve the ultimate target of Net Zero CO² emissions in the future.

COMPANY MILESTONES