• PIECE PART PRICE REDUCTION

The Problem 
Small, medium and large Injection molding companies make plastic components for a variety of customers and industries. The product piece price is calculated at the initial stages of product development or at the onset of the program. This price includes material costs, labor costs, overheads and profit. The OEM, or the larger corporations or the consumer market or from competition, there is a constant pressure on the component manufacturer to reduce costs. Hence companies have to continually look for cost saving solutions.
   

IEI Solution 
IEI makes a variety of plastic raw materials from Recycled feedstocks. These products are typically lower in price than virgin resin. The products are made to a certain specification through rejuvenation and sometimes can almost meet the properties of virgin resins. Our materials are marketed to companies as an alternate resin for their applications. Customer would spell out their requirements and the final functional requirement of the component or part. Our product is made to suit these requirements. There might be need for one or two iterations of product development or adjustment. Once approved and put in use the customer enjoys a lower priced material and similar functional performance of their component.

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