NO INNOVATION, NO FUTURE

Recently, Simon Liu, the General Manager of BAST Plastic Machinery, was interviewed by "#Plastic Industry". He shared his opinions on topics such as overseas planning for enterprises, industry challenges, and directions for innovation and upgrading.

Throughout its history, BAST Plastic Machinery has been able to stand out in the market competition by providing high-quality products and services, creating more added value for customers, and continuously investing in R&D to drive the development of the enterprise. This is a benign and sustainable development trajectory, and also the core competitiveness of BAST.

In the process of development, innovation capability has always been emphasized by Simon Liu, ' A company without innovation capability has no future'. Innovation and R&D are not a one-time solution. We need to continuously monitor market trends and optimize product strategies to ensure our leading position in competition. Emphasize talent cultivation and build sustained innovation capabilities.

In order to combine its own advantages as an industry leader, further tap into growth potential, and seek new trends of integration with cutting-edge technologies, in the past few years, BAST has gradually extended to diversified fields such as Film Extrusion Lamination and Cast Film Line and Blown Film Line while consolidating its core business of Pipe Extrusion Line. By strengthening automation and customization, it has injected new impetus into the high-quality development of the enterprise.

The strategic for the second half of 2024 is mainly reflected in three aspects: firstly, automation upgrade. In the context of promoting Industry 4.0, in order to achieve the goal of building smart factories, equipment needs to reach a basic level of automation and have the ability to integra