The critical, enabling role of the chemicals and plastics industry for Australia’s future
The Australian chemicals and plastics industry has been described as the ‘anchor’ of the modern economy. Chemicals and plastics are essential for our continued health, safety and quality of life. Evidence of this invaluable contribution is around all of us, every day.
But the industry has reached a critical tipping point that requires urgent action.
PACIA’s ‘Strategic Industry Roadmap – Adding Value: The critical, enabling role of the chemicals and plastics industry for Australia’s future’ addresses the decline of the chemicals and plastics industry and map out the requirements for future sustainable growth.
The first, Elements in Everything, examines the Australian chemicals and plastics industry’s current profile and future trends. The second, Strategic Directions, discusses how the industry can achieve sustained growth by taking advantage of major global and domestic economic, social and environmental shifts known as Megatrends.
Drawing on these independent reports, PACIA’s Roadmap plots a course for the short, medium and longer term to achieve the industry’s vision and secure long-term benefits for Australia’s economy, society and environment. The Roadmap is a strategic plan that outlines how the industry can work with governments and other stakeholders to remove these roadblocks so that it can take advantage of opportunities, especially in Asia and the developing world, to achieve sustainable growth.
At the heart of the document is the belief that Australia will benefit from a balanced economy that adds value to its resources through a healthy manufacturing sector in which the chemicals and plastics industry drives innovation and sustainable growth.
The industry has identified fundamental needs (key settings) that must be in place to put it on a path to sustainable growth.
PACIA is calling for the following Key Actions:
The Australian chemicals and plastics industry can help meet the demands of global and domestic growth while continuing to add significant value to the national economy by enabling companies and supply chains to manufacture essential products and services. The sector welcomes the significant opportunities this Roadmap presents.
The Roadmap was officially launched by Ross Pilling, BASF Managing Director, PACIA board member and Chair of the PACIA Strategic Industry Roadmap working group at the PACIA National Conference 2013.
We look forward to working with leaders in governments, industries, trade unions, research organisations and academia, communities and other key stakeholders to ensure these opportunities are realised for future generations.