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.

As this existing steel pipeline infrastructure ages, the need for repair or replacement to prevent failures from corrosion increases; 80% of inspection costs are spent on monitoring corrosion of steel pipes.* To improve longevity in these critical components, the industry is shifting to alternatives such as spoolable reinforced thermoplastic pipe (RTP). RTP offers many benefits over steel throughout its lifespan starting with a 20% cost savings during the installation process due to reduced time and labor.* It requires less maintenance and monitoring while also providing improved flow characteristics over rigid steel pipe.   The corrosion resistance improvements provided by Polystrand-reinforced pipe offer significant savings in monitoring, inspection, and maintenance costs compared to traditional steel.

Paint adds a great surface finish to automobile parts, but painting also adds cost, time, and other logistics requirements. Suitable for standard injection molding machinery, Smartbatch™ FX reduced the cost per part by 30 percent or more compared to painted parts.

Cost of sales Cost of sales: Debt financing costs

Cost of sales Cost of sales: Debt financing costs

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

Cost of sales Cost of sales: Debt financing costs

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

Cost of sales Cost of sales: Debt financing costs

However, price per pound is just one aspect of the overall cost. Use this simple calculation: Specific Gravity X Price Per Pound = Pound/Volume Cost Tooling Costs