Lower costs: Annualized production costs came in at $30,000 less than budgeted. Based on reduced lead times and supply chain costs to get the same formulations from Avient’s manufacturing facilities in China, Andwin Scientific is working to develop Asian markets for the SealSafe® adapter.

Producing your plastisol in-house can be one way to save costs, but it also comes with a number of challenges that could have an impact on your overall operations. Scrap disposal: Be sure to consider the cost of scrap plastisol disposal. Astute planning keeps scrap to a minimum and helps offset the costs associated with disposal.

Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks, including recessionary conditions; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to raise or sustain prices for products or services; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; the ability to obtain required regulatory approvals and otherwise consummate the proposed sale of the Distribution business; and other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions. This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition related costs, and other non-routine costs.

Using less of a higher performing material is not only a tactic to reduce weight but can also lower overall material costs, especially when fiber reinforcement is used to up-engineer the structural properties of a lower cost polymer or as a price diluent in higher cost engineering resins.   Lower System Cost When all the costs of producing a component are accounted for, using a material that is easier to work with can result in lower overall costs even if it is more expensive on a per pound or kilogram basis.

OnColor™ WC Wire and Cable Colorants Feature Cost-Effective Performance CLEVELAND – June 24, 2020 – PolyOne today launched OnColor™ WC Choice, a new line of cost-effective colorants that reliably achieve the per

We offer cost-effective masterbatch or dry colorant solutions in small or large volumes that are compatible with a variety of resins. Cost-effective solid masterbatch or dry colorant options

Mesa Liquid Colorants answer the need for essential liquid solutions that are consistent and cost effective to use with all common resins.  Cost-effective liquid solution

Making matters worse, the pre-colored PC/ABS material used to mold the parts required up to 10 weeks for delivery, further hampering operational efficiency and increasing inventory costs. Reduced material costs for the affected parts by 16 percent

In addition, the more efficient impact modifier saved the company nearly $40,000 a year in processing costs. In addition, reducing the tote wall thickness resulted in a savings of about $470,000 a year, based on reduction in material usage and lower unit costs for fuel to transport products to retailers.

In addition, the more efficient impact modifier saved the company nearly $40,000 a year in processing costs. In addition, reducing the tote wall thickness resulted in a savings of about $470,000 a year, based on reduction in material usage and lower unit costs for fuel to transport products to retailers.