Flaws in the country's energy regulations are posing challenges to UK's plastic industry. Plastics, moulding and packaging companies in the UK are being challenged with a 100% energy price hike. This quantum jump in the energy bills will have a severe impact on plastic businesses that are already facing brutal hikes in feedstock bills. Regulations in UK provide protection from energy price rise to domestic customers but do not extend the advantage to businesses. Energy regulator Ofgem is being pushed to re-examine the way energy firms deal with businesses.
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