By Anthony Clark, Plastics & Rubber Weekly
The UK's British Plastics Federation (BPF) has generally welcomed the Government's Going for Growth strategy but Peter Davis, the organisation's director general, warned that "the manufacturing sector's prosperity does not exist to provide tax revenues to support the bloated public sector".
The strategy, revealed Thursday 7 Jan, sets out how the Government hopes to foster entrepreneurial activity, knowledge creation and innovation, infrastructure investment, and build on the UK's industrial strengths.
"This plan is about a renewed politics of production," said Lord Peter Mandelson, Secretary of State for Business, Innovation and Skills (BIS), at the launch of Going for Growth.
"The BPF welcomes Going for Growth's support for the previously announced development of the composites and plastic electronics sectors in the UK," said Davis.
"We also see opportunities for plastics in the Government's support for developing electric vehicles. These will undoubtedly mostly be made from advanced durable, low maintenance and lightweight plastics."