Henk reported that Henri Poulenc was said to be selling the plastic ring at about the same price as the PWI steel ring; since the production cost of the plastic ring would be much less than the steel, he emphasized that PWI was ignoring a good profit margin if it did not introduce a plastic ring. As the meeting concluded, it was decided that the company should prepare to manufacture the new ring as soon as possible but that until the inventories of the old model and the steel were exhausted, the plastic ring would only be sold in those markets where it was offered by competitors. It was expected that the new rings would not be produced by any company other than Henri Poulenc for some time, and this meant that no more than 10% of Precision Woldwide's markets would be affected.