BPF - British Plastic Federation



























Budget Planning For 2009
Helping UK Plastics Businesses Establish the
Key Assumptions For Their 2009 Budgets
Wednesday 9th July 2008 - Stoke Moathouse Hotel, Stoke-On-Trent


Timed to coincide with the initiation of your Business plans and their underpinning Budgets for 2009, this Conference provides  a guide to the key  underlying assumptions  to use  and the potential factors which could affect your performance against budget.
Subjects  covered will include:

  • The UK economy in 2009
  • Expected materials pricing, supply and hedging trends
  • The challenges of future UK energy buying in 2009
  • Trends in wage costs and pensions
  • Plastics raw material outlook in 2009

The seminar will assemble arm delegates with the information they require to prepare their
budgets for 2009 and enable companies to plan for success.



CLICK HERE to download the registration form

Session 1:            Chaired by Peter Davis

09:45    Registration & Refreshments

10.00    Chairman’s Introduction

10.10    Current Status of the UK Economy and Future Trends   (David Paul, Global Head of Petrochemicals and Plastics, Barclays)

  • UK Economy and it’s impact on the manufacturing industry
  • Key indicators for the future
  • Global pressures affecting economic performance
  • Plastics Focus – A predication on industry trends
  • An overall examination of risk

11.10    Tea & Coffee

11.25    Trends in Insurance Premiums (Mark Radburn, Managing Director, Willis Network)

  • Overall insurance outlook
  • Trends in insurance costs for the plastics industry
  • Cyclical trends in insurance

12.00     The challenges of UK energy buying (John Hall, Managing Director, John Hall Associates)

  • Energy Prices and Trends
  • Setting the budget and understanding strategies
  • Implications for the energy buyer

12.30     Networking Lunch

13.30     Managing foreign exchange risk to protect the bottom line (Michael Low, Foregn Exchange Specialist, Moneycorp)

  • Future trends in the Euro and Dollar
  • Choosing the right time to buy
  • Risk management with foreign currencies
  • Managing risk to protect the bottom line

14.00     Trends in Wage Cost and Pensions (TBC)

  • A look at wage rate movements
  • how compensation packages are being shaped
  • Developments in pensions and their future budgetary impact

Session 2:           

14.30    Plastics Raw Materials Outlook (TBC)

  • Likely future trends in raw material prices
  • Key Factors effecting supply and demand
  • The emerging importance of the Middle East and Asia

15.00    Plastics Futures: The Story Into 2009 (Rob Sheldon, Plastics Development Manager, LME)

  • An overview of hedging and risk management
  • A review of the plastics futures market
  • Future developments and contract enhancements

15.30    Measuring The Cost and Value of Training (TBC)

  • Budgeting for training needs
  • The options for reducing the costs of training programmes
  • A case study of continues professional development

16.00    Close

Seminar Outline

This seminar is designed to help plastics businesses plan and budget effectively for 2009. It will examine existing and emerging drivers for plastics manufacturers and explore some of the potential pitfalls for 2009. The seminar will analyse key aspects affecting budgeting for plastics businesses and ample time is made available for discussions and for the audience to network, share experience and exchange views on the range of assumptions which could be used. The programme draws from the knowledge of a range of carefully assembled experts from blue chip companies such as Barclays and Money Corp and leading experts from organisations such as the London Metals Exchange and John Hall Associates. David Paul, Global Head of Petrol Chemicals and Plastics will be starting the day with an indepth look into the current financial situation and offering predications into likely future trends.

PRICE:

BPF MEMBERS                    - £200.00 + VAT
AFFILIATE MEMBERS          - £225.00 + VAT
NON BPF MEMBERS           - £250.00 + VAT  

        

Venue:
British Plastics Federation
6 Bath Place
Rivington Street
London
EC2A 3JE

Tel: 0207 457 5000
Fax: 0207 457 5045
Email: dgreenaway@bpf.co.uk
Web: www.bpf.co.uk

                          



CLICK HERE to Register

View printer friendly version of this page