Raw material shortages are harming the UK plastic industries growth...

22-07-2010

There is an overwhelming shortage in the raw materials needed to produce plastic according to the British Plastics Federation. BPF director-general Peter Davis noted a “faltering raw material supply.” Raw material costs have grown by as much as 50% for some plastics and this has directly impacted the cost of the end products.

With many suppliers passing on the entire increase onto their customers. Yet we at Component Force are working to absorb much of this increase ourselves so you’ll only see a marginal increase if any at all.

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