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Ecoplast


Ecoplast is in the business of manufacturing and supplying co-extruded packaging film, which is apparently a higher value-added packaging film.

The company has reported growth in revenues and profits over the last five years.  It reported operating profits of about 6.6cr on revenues of 66cr in the last financial year.  It operated with a modest net debt of about 8cr.

The business is exposed to rises in its raw material prices (poly-ethylene – petroleum based).  It is also subject to risks of increased competition as a result of low barriers to entry in this industry and adverse foreign exchange movements on purchase since it imports a large proportion of its raw materials.
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