A company that manufactures plastic products from recyclable plastic

Hey samguru68,

You're absolutely right that getting lost in wordy statements wastes WAY too much time. This is especially relevant to CR, but also to RC and to long word problems in Quant.
We suggest two main approaches to getting over this hurdle:
Step 1:
Break down the long wordiness into 'short logical chunks'. In RC this is basically the notes you take to summarize the passage, in Quant this would be translating the long, wordy, problem into small, clear, equations, and in CR it is a mix of the two: try translating the passage into a 'bulletpoint logical summary', i.e. writing separate pieces of logic in separate bullets (see below). This will make it much easier for you to reason about the passage.
In our case, we could break the passage down into:
1. company is not worried about bad economy
2. (because) in weak economy competitors will fail and
3. (therefore) there would oversupply of raw materials and
4. (therefore) raw materials would become less expensive.
5. (then) company could lower prices
Once you have a 'logical summary' such as the above in front of you, it is much (much) easier to reason about the passage.
Now, I'm not suggesting you make this summary for every CR question on the exam, but I am suggesting you practice with it. Over time, you won't actually have to write all of this out, but can rather 'mentally summarize it' similarly to what I did in the answer above.

Step 2:
Once you've done the work of breaking down the passage, analyze your breakdown. What is the weakest/strongest link? Which pieces of logic connect each of the statements? How could you attack them? GMAT CR answers are usually relatively straightforward -- once you've correctly understood the logic of the passage, you will easily be able to identify the logical links the question is pointing you towards. Then, all you have to do is look for the answer choice that addresses these links in the most direct way possible. In our case, the argument contains numerous steps so it is hard to guess which link will be addressed by the answer choices, but having the summary right there in front of you does serve as an anchor: when looking over the answer choice options, you can just ask 'does this option refer back to one of the logical links?'. If the answer is 'no', then the option is irrelevant (this happens for (B), (D), (E) in the above question). Only if the answer is 'yes' do you have to think about the option a bit more.
Step 2 is a big time-saver, as it prevents you from having to think through every single one of the available answer choices (whether you could infer a likely answer or not).

Together, the two steps will save you a lot of time once you get used to doing them. (It can take a while, but is certainly worth it!)

Best of luck!
(If you want to see more, check out our CR videos in our course)