Electricity and Gas Procurement For Plastics Manufacturers

Even as the plastics industry recovers steadily from the economic downturn, competition from overseas and increases in raw material costs are harming profitability and growth.

However, demand for plastics and plastic products is increasing year on year. This means that, by successfully managing operating costs, UK businesses can remain competitive and secure new growth opportunities.
 
Using your energy purchasing strategy to boost competitiveness

In the January 2012 Business Conditions Survey undertaken by the BPF, 84% of plastics manufacturers responding cited Energy Supply and Cost as the most significant factor affecting the competitiveness of the UK plastics industry.
 
There’s no getting away from it; energy prices are volatile and must be managed proactively. With a slew of new legislation such as the controversial EMR (Electricity Market Reforms) hitting the energy industry over the coming years, this trend is set to continue.
 
The only way to improve your competitiveness by getting a handle on your energy costs is with a strategy that is suited to the way your business works.
 
Risk Managed Energy Procurement from Inenco

Inenco is not only the UK’s leading energy procurement consultancy, we also have an unrivalled track record of success within the plastics industry. This means we are the ideal partner to develop, support or manage your energy purchasing activities.
 
As pioneers of energy trading on the UK wholesale market, our FSA accredited energy trading team have experience of trading in flat, rising and falling markets. This puts us in a strong position to offer BPF members total confidence in delivery.
 
What are the benefits?
 

• Develop an energy procurement strategy to align with the business priorities of your organisation
•  Manage your risk in volatile energy markets by making trading decisions based on technical and fundamental analysis
• Optimise your energy price by applying advanced trading techniques
   

Why Inenco?

• Inenco is the UK's leading energy procurement consultancy. We purchase over £1.2 billion of electricity and gas every year - £50 million of which is for the plastics sector!
• In 2011 we were named 'Energy Broker of the Year' by a panel of experts at the Energy Awards. We were also Highly Commended for 'Risk Management Product of the Year'
• We were also named 'Energy Consultant of the Year' for the second year running at the Energy 'Buying and Supplying' Excellence Awards
• Looking at the past 6 years, overall within our half hourly electricity portfolios Inenco has beaten the market average by 11%, despite some of the most volatile and unpredictable prices ever seen in the UK
• To date Inenco has enabled savings of over £30 million for the plastics industry by administrating the plastics sector Climate Change Agreement working alongside BPF Energy Ltd

If you are interested in taking advantage of Inenco’s services and would like to discuss your requirements further please call us on: 01253785000.