Page 61 - Plastics News Issue October 2025
P. 61

BUSINESS NEWS








           Covid supply chain crisis, there seemed to be a        tunities that the sector offers, such as mould-
           heightened appetite for British-made products,         ing, toolmaking, robotics, AI/smart factories and
           which could command a premium to account               even the development of sustainable and/or
           for the higher production costs associated with        biodegradable polymers. We must all strive to
           bringing work back to the UK.                          change the perception around plastics and en-
                                                                  courage more young people to come onboard
           However, the reality does not appear to have           and join us – or the current skills shortage will
           matched the expectation. Of the companies              only get worse.
           with whom I’ve had discussions, reshoring has
           not made the positive impact on their business         Investment
           that they had hoped for. In fact, increased UK
           staffing and energy costs have negatively af-          As well as an ageing workforce, the plastics in-
           fected overall productivity. For any home-grown        dustry is also coping with an ageing field of in-
           moulding firms considering reshoring, the advice       jection moulding machines and other essential
           is to do your research thoroughly and speak to         equipment. There is a tendency among mould-
           companies who have already followed this path          ers to run a machine for years and years, then
           – forewarned is forearmed.                             repair it and carry on. However, investing in a
                                                                  legacy machine is risky – the bill to repair it will
           People                                                 be extremely expensive and ultimately, you’re
                                                                  still left with an asset which consumes far more
           The UK has an ageing workforce and an ageing           energy that today’s new models. This can be a
           population as a whole. In this sense, the plastics     costly strategy, albeit one that many moulders
           industry is no different. But the negative conno-      feel they have no choice but to follow.
           tations surrounding plastics in terms of its green
           credentials means we are finding it particularly       With moulders struggling on a number of fronts
           difficult to attract young people into the industry.   – not least high energy costs – the industry
                                                                  would  greatly  benefit  from a  government  in-
           Mainstream media reports of plastic as being           vestment strategy to support plastics firms to
           bad for the environment and damaging to the            invest in new, energy efficient, highly productive
           oceans have prompted an anti-plastic back-             and accurate machines. As well as helping the
           lash among Gen Z. While nobody could argue             industry to become more environmentally sus-
           against fewer single-use plastics, plastic prod-       tainable, we will also be better able to compete
           ucts are essential to our everyday life and can        internationally, creating more jobs, generating
           last for years – from the tables and chairs we sit     more revenue and ensuring a continued domes-
           at in our favourite coffee shop, to the plane we       tic pipeline of plastic production – which, as we
           take to reach our holiday destination, to the in-      saw during the pandemic, was literally lifesaving.
           halers and medical devices that keep us healthy.
                                                                  The smart choice
           We need to showcase just how useful and es-
           sential plastic is to the next generation,and get      For  moulding  firms themselves, investing  in  an
           them switched onto the exciting career oppor-          accurate all-electric injection moulding solution



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