British plastics processing industry sinks into the debt abyss

Last year, the number of loss-making enterprises in the UK plastics processing industry decreased significantly. Some companies are trying to restore their profitability. David Pattison, a senior analyst at Plimsoll, stated in his latest report: “When we studied the profitability of plastics processors in the United Kingdom last year, we found that the number of loss-making companies dropped from 335 to 232.” Pattyson Highly praised 187 high-profit companies, saying they are leading the wave of profit recovery. When the industry's profit margin is around 4%, the profitability of these companies can reach 13%. Of the 1000 companies surveyed by the company, 232 had losses, of which 144 were in losses for the second or even third consecutive years, and many had increased their debt.

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