Prospering in Today's Plastics Industry
A White Paper by Principia Partners and Akin Bay

Overview
The North American plastics industry is still growing, but the rate of growth only mirrors overall GDP. Although the North American industry has relinquished its dominant position in the global marketplace, there are attractive opportunities for profitable growth over the next two to five years for savvy participants and investors.

Survival vs. Growth
A recent Principia survey among plastics industry executives showed that 60% of companies interviewed would consider a merger or joint venture over the next two to three years. Because industry profitability margins have dropped 5% to 6% over the last five years, most industry participants now face basic choices: survival for marginally profitable companies vs. growth for more successful ventures.

Survival means increasing profitability through revenue growth, cost cutting, restructuring, or other strategic moves. For industry leaders, on the other hand, this is an opportune time to consider transactions.

The clear point is that now is the time to prepare for an economic rebound. This report details transaction options in detail, and covers the following topics:

1. Financing Alternatives
2. Mergers and Acquisitions
3. Succession Planning
4. Restructuring

Survey: The Industry Speaks
Principia Partners polled over 150 key industry executives in Q1 2008 to evaluate their view of the state of the industry, their consensus on the future, and the ways they plan to navigate the current industry downturn and drive profitable growth.

The results of their comments are compiled in this analysis, along with our observations and view of the implications for the future of the North American plastics industry.

Simply complete the form to download your complimentary copy of the 32 page White Paper: Prospering in Today's Plastics Industry: Making the Right Decisions in Turbulent Times.