Plastics R and D holds the key
A
Faraday Plastics product story
Edited by the Engineeringtalk editorial team
Aug 8, 2005
Faraday Plastics, will use Interplas 05 to promote the research and development agenda for companies, providing much needed tools, information and resources for visitors to the show.
Faraday Plastics, will use Interplas 05 to promote the research and development agenda for companies, providing much needed tools, information and resources for visitors to the show.
Richard Simpson, Faraday Plastics Director says: "Our recent research has shown us that the overall level of R and D in UK plastics overall - less than 0.5% of its total turnover - is sadly lagging behind any measure you might care to mention, not least the figure of 1.9% shown by UK industry as whole".
Simpson says: "We know that many plastics-based companies want to improve their R and D position but are currently struggling to fund and create the activity that will help take their businesses forward in this area".
"Faraday Plastics will be at Interplas 05 to help these companies in just this task; providing analysis, contacts, ideas and funding routes that will hopefully keep the spirit of innovation alive".
A key recent success for Faraday Plastics has been the Technology Road Map (TRM) tool - which can be applied to the future of individual companies or to sectors as a whole (such as nanocomposites or engineering plastics) or to issues within the sector such as energy consumption or machine utilisation and cost.
Simpson urges all in plastics to visit the exhibition and to check out their R and D plans, modus operandi and needs in strictest confidence with the Faraday experts on the Faraday Plastics stand.
"Every part of the plastics industry, like it or not, cannot stand still - has to innovate".
"But most undertake this work alone and without calling on resources such as ourselves".
"There may be connections, funding, ideas and resources that we can identify that might make all the difference to the life of an R and D project".
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