Raw Material Cost Tooling Cost Ultimately, choosing the right material for your application is a balance between sustainability goals, design requirements, end-to-end product costs, and performance targets.

Global medical device OEM reduces costs and environmental impact The three-way collaboration allowed the manufacturer to reduce shielding component costs from 30 to 50 percent due to machining, assembly and regulatory cost reductions versus traditional methods.

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.

Cost of sales Cost of sales:       Impact on cost of sales

In order to optimize its profit margins, the company sought to control system costs by avoiding secondary assembly and handling. Lower system costs = higher margins: By reducing waste from part deformation, the Avient TPE allowed the manufacturer to leverage efficient, fast 2K molding for system cost reduction. With OnFlex-S TPE, the company achieved system cost benefits that have made this product line a profitable one.

Cost-Effectiveness: Using engineered polymers in electric vehicle batteries can contribute to cost savings throughout the manufacturing process. Polymers can be processed at a lower cost than metals, reducing overall material expenses. Additionally, polymers' lightweight nature lowers transportation costs and simplifies assembly processes.

Cost of sales Cost of sales: Debt financing costs

Lightweighting: Replacing metal with advanced composite laminates for reduced weight, better dent resistance, and lower warranty costs Reduced VOCs: Eliminating paint with a metallic colorant for vehicle exterior components to reduce cost and remove VOC emissions Comptek, SilCoTec, Gordon Composites and Polystrand, including whether such businesses will be accretive, retain the management teams of acquired businesses, and retain relationships with customers of acquired businesses; 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; our ability to achieve new business gains; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; 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 achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; our ability to continue to pay cash dividends, including at the increasing rate, which will be subject to, among other factors, market conditions, our cash flow and cash requirements and restrictions contained in any of our debt agreements; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.

Avient engineered materials that combined the heat transfer and cooling capabilities of metals with the design freedom, weight reduction and cost advantages of conventional thermoplastics. As a result of the collaboration, Kruunutekniikka realized a cost savings of more than 10% through a variety of means: By replacing metal with engineered thermal composites, Kruunutekniikka has been able to drive growth in the emerging solid-state LED lighting market with a solution that is innovative, sought after, cost effective and consistent with the company’s ongoing effort to facilitate sustainable practices.

Replacing metal cuts heat sink costs for LED lighting assemblies Using a supplier for the parts also led to unexpected costs and shipping delays, created logistics challenges and tied up stock and working capital. But a significant hurdle remained: the cost of retooling.