CUSTOM Webinars
Without a Magic Wand: Improving Profit Margins
Date: March 05, 2014
Time: 2:00 PM to 3:00 PM EST

Peter Schmitt founded Montesino Associates LLC of Wilmington, Del., in 1996 to provide a full range of marketing services for companies in the plastics and packaging industries in the Americas. Schmitt's fluency in Spanish and extensive experience in Latin America have secured Montesino excellent credibility in the Latin American marketplace. Schmitt has a long career as a business owner and has worked in sales and marketing for plastics companies. He has a master's of divinity from St. Bernard's and a bachelorís degree from St. John Fisher, both in Rochester, N.Y.

Tom Langan has been providing risk management consulting services since 1997 to help businesses control costs and improve profit margins for commodity price-sensitive businesses. He has more than 20 years of experience in commodity trading and risk management, including establishing risk management policies for electric and gas utilities, oil companies and plastics processors. He is the author of the Hedging Corner and is widely published, including in ICIS Chemical Business Magazine. He holds a masters in business administration and masters' degrees in ocean engineering and civil engineering from the Massachusetts Institute of Technology.

Duration: 60 minutes
Cost: Free

Peter Schmitt, Managing Director of Montesino Associates LLC
Tom Langan, Risk Management Consultant, WTL Trading Inc.


This online event covers strategies for profit margin management while dealing with the reality of unpredictable and volatile resin prices.

Who Should Attend:
Any plastics industry official responsible for the resin buying strategies for their companies or business owners who want to know more about how to mitigate risk.

About the Plastics Financial Summit:
Plastics News' Plastics Financial Summit is a first-of-its-kind industry event. It will include business owners and the investment community and cover the latest topics in financial matters. The subjects will include careful succession planning to how to value a company in the market, including choosing an entity structure (C corporations, S corporations, partnerships and limited liability). If you are a business owner or an investor, this financial summit is for you. Now more than ever, there are myriad reasons to invest in plastics and this conference will cover the industry from a margin and future margin standpoint.

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