Chemicals & Plastics
More productivity, less wastage and better managed inventories
As this typically stable and capital intensive sector matures into a least-cost producer dominated marketplace, there is a need to operate at maximum possible efficiency in order to minimise unit cost and maintain high service levels.
We work across many areas in this diverse sector including, synthetic fibres, paints and pigments, batch and continuous chemicals processes, injection moulding, extrusion, sugar refining, adhesives, insulation board, underlay, laminate flooring and protective packaging materials.
Where the product is a commodity, the largest opportunity is in maximising plant output where a 10-25% improvement is typical. Cost reductions areas include waste reduction, yield improvement, recycling optimisation, labour cost reduction, and working capital reduction.
Our work in this sector has delivered impressive results such as 53% reduction in scrap at an extrusion company, 21% reduction in resin batch cycle times, cutting waste by 63% in fibre spinning, 12% energy reduction in chemical process, and reducing giveaway in paint packaging by 75%.
For more information on how Newton improves operational performance, please choose from the services below: