How can you ensure your supply chain is protected at every stage?

The plastics industry is the eighth largest in the United States with more than one million jobs. On a global scale, approximately 367 million metric tons of plastic was produced in 2020 according to a report from Statista.

Plastics are extremely versatile and have in many cases replaced wood, metal and glass. But increased plastic production comes at the cost of environmental stability because the materials require an incredible amount of energy to produce. Atradius can help your business stay alert for changing industry trends and help offset the risks in the supply chain.

Plastics Industry
Price Fluctuations
Diverse End Markets
Environmental Regulations

Price Fluctuations Drive the Market

Versatility Comes at the Cost of Sustainability

Adhering to Complex Environmental Regulations

Price fluctuations for materials can be catastrophic, especially for small companies. The prices for plastics inputs are volatile and can result in abrupt higher costs to produce end products. Atradius can help mitigate return loss with accurate market insights and financial risk analyses.

Plastic production could triple by 2050, according to the World Forum. This comes with an impact on the environment as U.S. plastic emissions are projected to surpass coal emissions by 2030. To align with more sustainable options, some companies are moving away from single-use plastics. But many fossil fuel companies see plastics production as an investment opportunity in the wake of decreased demand for non-renewables. In the wake of rising costs from global efforts to reinforce sustainable practices despite the ever-increasing demand for plastics, Atradius will be there to help you predict which customers are financially sound and which are unstable before you’re left without payment.

Plastics companies must adhere to increasingly complex environmental regulations, or risk steep fines and penalties. Adhering to these requirements costs time and money, making it increasingly important to mitigate any unforeseen loss due to poor customer credit.

Plastics Team

Our business grew 25% last year, and I can confidently attribute 5% of that to Atradius.

Larry Beard - Encom Polymers
Larry Beard
President, EnCom Polymers

What is Credit Insurance?

Trade Credit Insurance is a risk management tool that can help protect your company’s commercial accounts receivable from the devastating effects of loss caused by an insolvency or protracted default of your buyers. No company wants to face the unknown. At Atradius, we give our clients peace of mind knowing that their credit insurance policy protects them from a customer’s sudden inability to pay.

Benefits to Credit Insurance

Trade credit insurance is a risk management tool that can help protect your company’s commercial accounts receivable from the devastating effects of loss caused by a bankruptcy or protracted default of your buyers. No company wants to face the unknown. At Atradius, we give our clients peace of mind knowing that their policy protects them from a customer’s sudden inability to pay. Especially in an industry that must adhere to high-cost environmental regulations, trade credit insurance can help with cash flow and to ensure companies are financially stable.

Risk Management
Sales Expansion
Increased Funding
Cost Effective

Risk Management

Sales Expansion

Increased Funding Options

Cost Effective

Atradius analyzes industry trends and the risk of every buyer to ensure you are working with stable customers. If a previously stable customer starts showing signs of deteriorating payment trends, we alert you right away so you can take steps to protect and ensure your accounts receivable. We evaluate the supply chain from each angle and can alert our clients to trouble coming down the pipeline before there is a loss.

For companies seeking to safely grow sales, working capital is essential. If your company doesn’t feel comfortable increasing existing credit lines or initiating credit lines in new markets, we can help. We are a global company with a presence on every continent. Our innovative services provide you with the practical tools you need to manage your receivables, building the foundation for solid business growth and success.

Companies in the midst of an intense growth phase may need to put up accounts receivable as capital to receive additional funds from a bank. Having a trade credit insurance policy with Atradius that mitigates your risk means banks are more comfortable loaning the funds you need.

Our policies are cost effective. On average, the rate we charge falls to less than one half of 1%. If a company sets aside a debt reserve of 5%, our services are extremely cost effective, because with our coverage you will always get any lost money back.