R&P Polyplastic marks the end of H1 with increase of shipments and wages

R&P Polyplastic marks the…

During the first 6 months of the year Russian compounder R&P Polyplastic increased shipments both inside the country and abroad, introduced a number of important measures, successfully underwent audits of leading auto manufacturers and received high scores for financial stability and corporate social responsibility system. 

Shipments. Sales performance of Trade House “Polyplastic” improved by 13% compared to the same period of last year, while international shipments increased respectively by 6.6%. In 2021, the leading Russian compounder came into the Polish market. The first shipment took place in April, later a cooperation agreement with MOBI Sp. z o.o., one of the leading polymer distributors from this European country, was signed.  

“We managed to overcome the crisis connected with rapid price appreciation for raw materials. Increase in the cost of polypropylene and PA6 was a real shock for consumers. We tried as best as we could to keep prices down. However, in the end we were forced to increase the prices due to the dynamics of raw materials prices”, noted Pavel Kruglov, Director General of Trade House “Polyplastic”. 

Social measures. During the first half of the year R&P Polyplastic implemented a number of measures aimed at supporting its employees: a 20-30% increase of meal remuneration, new system of proportional growth of extra payments for length of employment over 1 year. Average pay rise for blue-collar workers amounted to 20%.   

“The most important part of any production are people rather than equipment and technologies. Today we are witnessing a lack of skilled production specialists on the Russian HR-market. Establishing appropriate working conditions allowing to attract best staff members is our top-priority. We are in the process of upgrading our corporate social system since the beginning of 2021”, says Aleksandr Pavlov, Director General of R&P Polyplastic. 

Audits and scorings. In H1 the company received audit results from Renault-Nissan-Mitsubishi Alliance, Magna International and Faurecia. The ASES audit resulted in the company’s rating improvement while audits of Magna International and Faurecia confirmed the existing sufficiently high ranking. Furthermore, R&P Polyplastic underwent an audit of the corporate social responsibility system by a reputable international company EcoVadis and doubled its results of the year 2017. Financial stability of the company was confirmed by the highest triple-A rating by “Kontur.Expert”. “Beginning of the year 2021 was marked with a number of hardships for the polymer industry, however, professional tactical decisions allowed as to maintain financial stability and a constructive relationship with our partners while good audit results proved us right. In the year of its 30th anniversary, R&P Polyplastic is demonstrating strong performance and does not intend to remain complacent. This year we are planning an expansion of production volumes by launching two new lines with a total capacity of 20 thousand tons”, summed up Andrey Menshov, Managing Partner of R&P Polyplastic.