ICSTI Statement on Nanotechnology - Forfás

The markets served by this industry tend to operate on advanced
agreed prices. However, virgin polymer prices are linked to oil
prices and instability in oil markets can result in low margins.
To date innovation in this industry has tended to focus on
process rather than products, as many manufacturers are serving
OEMs7 and thus manufacture to a specific design. There is,
however, a shift away from this position as OEMs are demanding
design input from their manufacturing partners.
The industry is increasingly under pressure to produce more
environmentally sustainable products, and in areas such as the
automotive industry must demonstrate end-of-life recyclability.
This influences the choice of material and is likely to impact on
the future evolution of this market.
Exports from Ireland in 2002 for plastics in their primary form
were worth €169.4 million, and plastics in non-primary forms was
worth €199.4 million.
6.7.2 Technology Roadmap
In an effort to move up the value chain companies are now
working in partnership with OEMs to develop new products. The
OEMs are seeking products, which demonstrate the following
improved attributes:
Improved/increased recyclability;
Improved mechanical/optical and chemical performance to
access new markets;
Increased functionality, e.g. the inclusion of sensors,
electronics and communications devices.
For indigenous companies to participate successfully in such
partnerships, will require significant investment in research and
development capability and necessitate increased interaction with
the third level sector to access both facilities and skilled
professionals. The focus for innovation for indigenous companies
will be the key manufacturing processes in this highly cost
competitive industry.
7 Original Equipment Manufacturer
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