Manufacturers should work to reduce materials, energy consumption, and inefficiencies to improve their carbon footprint and achieve the triple bottom line.
Proactive companies pay close attention to opportunities to increase packaging efficiencies throughout the end-to-end supply chain to improve their profitability and sustainability.
OQ Chemicals announced that due to supply and demand issues, the company will increase prices for certain oxo intermediates products produced at its Bay City, Texas, facility.
OQ Chemicals has declared Force Majeure for certain products manufactured at the Oberhausen, Germany site due to a significant disruption at a raw material supplier.
Scott Bader has begun production of its structural adhesives and gelcoats at a new manufacturing facility in North Carolina. The development of the 15-acre site represents the company’s commitment to serving the needs of the North American market.
The latest research from Persistence Market Research estimates that the corrugated packaging market, currently valued at $217 billion, will increase to $394 billion by 2033, with a 6.2% CAGR.
The use of technology and automation will be of paramount importance to not just supplement the labor force, but also to meet ever increasing customer requirements and provide visibility across the end-to-end supply chain.