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Polymer pricing requires a paradigm shift

Author : Jo Davis, Broanmain Plastics

31 May 2022

Last year, the polymer industry experienced complex material supply conditions. Although most British processors were anticipating some turbulence at the end of the Brexit transition period, the added global challenges of raw materials sourcing and price hikes – amplified by the pandemic – created the perfect pricing storm.

Here, Jo Davis, Managing Director of Broanmain Plastics, summarises the impact of these countless procurement challenges and how the company continues to navigate the ongoing pricing instabilities.

Severe shortages of raw materials have threatened the survival of SME plastic manufacturers and OEMs across Europe. No production plant has been immune to the effects. “Absorbing rising prices as they reached a six-year high while simultaneously overcoming the technical hurdles, without compromising production quality, has been immensely challenging,” explains Davis. 

Read the full article in DPA's June issue

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