Packaging

GCC Polyethylene Terephthalate Market Analysis Report 2024: PET's Role in Eco-Friendly Packaging Solutions and Versatility in Automotive Applications - Forecast to 2029 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024
Packaging, Recycling, Chemicals, Plastics, Automotive Manufacturing, Environment, Manufacturing, MEG, PTA, Urbanization, Growth, Sport, Application, Dow Chemical Company, International, COVID-19, SABIC, PET, Transport, Food, Private sector, RPET, Ethylene glycol, Supply, GCC, Vision 2030, Tourism, Drink, Water, Compound annual growth rate, Polyethylene terephthalate, JBF, Food safety, Food industry, Bottled water

GCC PET market demand is forecasted to grow at a CAGR of 5.30% over the projected period of 2024-2029.

Key Points: 
  • GCC PET market demand is forecasted to grow at a CAGR of 5.30% over the projected period of 2024-2029.
  • GCC PET supply is expected to reach 3.61 million ton by 2029, while GCC PET demand in 2023 stood at 2.20 million ton.
  • Polyethylene Terephthalate (PET), formed by combining purified terephthalic acid (PTA) or dimethyl terephthalate with modified ethylene glycol, exhibits notable impact resistance and ensures food safety.
  • The GCC Polyethylene Terephthalate (PET) market is characterized by a moderately concentrated landscape with several established players vying for market share.

Cleanroom Film & Bags Announces CFB CleanTronics Advanced Packaging for Semiconductors and Microelectronics

Retrieved on: 
Tuesday, March 26, 2024
Networks, Hardware, Electronic Design Automation, Consumer Electronics, Technology, Semiconductor, Packaging, Nanotechnology, Engineering, Chemicals, Plastics, Manufacturing, Telecommunications, ESD, IEST, Film, Electronics, CFB, Transport, Antistatic agent, NASA, Multimedia, ISO, Cleanroom, Silicon, Printed circuit board

Cleanroom Film and Bags (CFB), a division of C-P Flexible Packaging, has expanded its line of CFB CleanTronics Advanced Packaging for semiconductors, silicon wafers, microchips, printed circuit boards, motherboards, integrated circuits, microprocessors, fiber optics and other sensitive electronic components.

Key Points: 
  • Cleanroom Film and Bags (CFB), a division of C-P Flexible Packaging, has expanded its line of CFB CleanTronics Advanced Packaging for semiconductors, silicon wafers, microchips, printed circuit boards, motherboards, integrated circuits, microprocessors, fiber optics and other sensitive electronic components.
  • View the full release here: https://www.businesswire.com/news/home/20240326091962/en/
    CFB CleanTronics Advanced Packaging for semiconductors and microelectronics (Graphic: Business Wire)
    Having pioneered some of the first low outgassing films for electronics packaging, Cleanroom Film & Bags has over 35 years of experience paving the way in advanced packaging substrates and materials for semiconductors and microelectronics.
  • CFB CleanTronics Advanced Packaging can be manufactured to meet Level 50 or Level 100 IEST and NASA cleanliness specifications.
  • “Using exclusively American-made virgin resins and materials for CFB CleanTronics Advanced Packaging is one of the many ways we go above and beyond to provide unmatched quality.”
    To learn more about CFB CleanTronics Advanced Packaging, visit www.cleanroomfilm.com/electronic-packaging or contact [email protected] .

South Carolina Jury Returns $1.75 Million Judgment in Workplace Mesothelioma Death

Retrieved on: 
Tuesday, March 26, 2024
Packaging, Legal, Professional Services, Manufacturing, South Carolina Supreme Court, Celanese, Supreme court, Mesothelioma, Courtroom View Network, Family, Workplace, Lawyer, Face, Asbestos, Cancer, Honeywell

Simon Greenstone Panatier trial lawyers secured a $1.75 million jury verdict for the family of a South Carolina maintenance worker who died from mesothelioma, a cancer caused by asbestos exposure at his workplace.

Key Points: 
  • Simon Greenstone Panatier trial lawyers secured a $1.75 million jury verdict for the family of a South Carolina maintenance worker who died from mesothelioma, a cancer caused by asbestos exposure at his workplace.
  • Curtis Wayne Bolton was responsible for replacing gaskets and packing on valves, pumps and other equipment at the Spartanburg, S.C.-area Celanese factory throughout the 1970s.
  • He was also exposed to amosite asbestos from insulation that he had to remove to access equipment at the plant, including flanges and valve and pump stems.
  • The case is Bolton v. Honeywell International et al., case number 2021CP4202480, in the 7th Judicial Circuit of South Carolina, and was heard by former South Carolina Supreme Court Chief Justice Jean Toal on a special asbestos docket.

Ennis, Inc. Declares Quarterly Dividend

Retrieved on: 
Monday, March 25, 2024
Natural Resources, Manufacturing, Other Manufacturing, Packaging, Forest Products

Keith S. Walters, Chairman, President and Chief Executive Officer of Ennis, Inc. (NYSE: EBF), a manufacturer of business forms and other business products headquartered in Midlothian, Texas, announced today that the Board of Directors has declared a quarterly cash dividend of twenty-five cents ($0.25) per share on its common stock.

Key Points: 
  • Keith S. Walters, Chairman, President and Chief Executive Officer of Ennis, Inc. (NYSE: EBF), a manufacturer of business forms and other business products headquartered in Midlothian, Texas, announced today that the Board of Directors has declared a quarterly cash dividend of twenty-five cents ($0.25) per share on its common stock.
  • The dividend is payable May 6, 2024 to shareholders of record on April 15, 2024.

Ingersoll Rand to Acquire ILC Dover to Expand Presence in Life Sciences

Retrieved on: 
Monday, March 25, 2024
Chemicals, Plastics, Aerospace, Manufacturing, Pharmaceutical, Professional Services, Medical Devices, Asset Management, Genetics, Other Manufacturing, Biotechnology, Machinery, Machine Tools, Metalworking & Metallurgy, Packaging, Health, Engineering, Conference call, Conference, ILC Dover, Growth, Goldman Sachs, ILC, Ingersoll Rand, Partnership, Simpson Thacher & Bartlett, Acquisition, LLP, ILS, DGX, Adjustment, Earnout, Investment, Jefferies Group, Kirkland & Ellis

In connection with this acquisition, Ingersoll Rand will establish a life sciences platform within its P&ST segment, consisting of ILC plus Ingersoll Rand’s life science-focused brands including Thomas, Welch, Zinsser Analytic, Tricontinent, Air Dimensions, and ILS.

Key Points: 
  • In connection with this acquisition, Ingersoll Rand will establish a life sciences platform within its P&ST segment, consisting of ILC plus Ingersoll Rand’s life science-focused brands including Thomas, Welch, Zinsser Analytic, Tricontinent, Air Dimensions, and ILS.
  • Corey Walker, ILC President and CEO, will lead the life sciences platform and join the Ingersoll Rand leadership team, reporting to Vicente Reynal, chairman and chief executive officer.
  • “This acquisition is the next phase of our long-term vision to expand into higher-growth end markets like life sciences.
  • We see a strong fit between Ingersoll Rand and ILC, and we are confident that Ingersoll Rand is the right partner for its next stage of growth.”
    This acquisition is immediately accretive to Ingersoll Rand’s growth and margin rates.

Starch Blended Biodegradable Polymer Market Report 2024: A Global $3 Billion Industry by 2030 - Trends, Forecasts and Competitive Analysis 2018-2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 21, 2024
Packaging, Chemicals, Plastics, Textiles, Manufacturing, Consciousness, Growth, Starch, Agriculture, Horticulture, Investment, Plastic, M&A, Porter's five forces analysis

The "Starch Blended Biodegradable Polymer Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Starch Blended Biodegradable Polymer Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global starch blended biodegradable polymer market is expected to reach an estimated $3 billion by 2030 with a CAGR of 8.4% from 2024 to 2030.
  • Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the starch blended biodegradable polymer market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the starch blended biodegradable polymer market.

Rockwell Medical Achieves Profitability on an Adjusted EBITDA Basis in the Fourth Quarter 2023 and Record Net Sales, Gross Profit and Gross Margin for the Full-Year 2023

Retrieved on: 
Thursday, March 21, 2024
Medical Devices, Packaging, Transport, Manufacturing, Biotechnology, General Health, Health, Logistics, Supply Chain Management, Science, Other Science, Rockwell Medical, The Company, Kidney disease, Patient, Sale, Investment, Dialysis, Security, LP, Cryptocurrency

Net sales for the three months ended December 31, 2023 were $22.1 million.

Key Points: 
  • Net sales for the three months ended December 31, 2023 were $22.1 million.
  • Net sales for the twelve months ended December 31, 2023 were $83.6 million, representing a 15% increase over the same period in 2022.
  • Gross margin for the twelve months ended December 31, 2023 was 10%, representing an increase from 6% gross margin for the same period in 2022.
  • During the fourth quarter of 2023, Rockwell Medical lowered its outstanding debt from $9.5 million to $8.0 million.

Laser Photonics Corporation Enters Distribution Agreement With Incredible Supply & Logistics for Its Military & Industrial Laser Solutions

Retrieved on: 
Thursday, March 21, 2024
Automotive, Textiles, Steel, Packaging, Utilities, Engineering, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Energy, Manufacturing, Logistics, Supply Chain Management, VoIP, Public Transport, Contracts, Satellite, Small Business, Trucking, Rail, General Health, Maritime, Defense, Air, Transport, Telecommunications, General Automotive, Health, Commercial Building & Real Estate, Construction & Property, Technology, Building Systems, Professional Services, Government, ISL, LPC, Partnership, MRO, Industrial Distribution, Coast guard, Missile Defense Agency, Defense Logistics Agency, Navy, Army, 3D printing

Laser Photonics Corporation (NASDAQ: LASE) ( LPC ), a leading global developer of industrial laser systems for laser cleaning and other material processing applications announced today that it has entered into a distribution agreement with Incredible Supply & Logistics (ISL), an award-winning product distribution, mission kitting, and third-party logistics (3PL) company specializing in supporting federal government customers and defense contractors as well as serving the maritime & space communities.

Key Points: 
  • Laser Photonics Corporation (NASDAQ: LASE) ( LPC ), a leading global developer of industrial laser systems for laser cleaning and other material processing applications announced today that it has entered into a distribution agreement with Incredible Supply & Logistics (ISL), an award-winning product distribution, mission kitting, and third-party logistics (3PL) company specializing in supporting federal government customers and defense contractors as well as serving the maritime & space communities.
  • “This partnership will increase our customer base and expand our distributor network while equipping an industry-leading supplier with the cutting-edge industrial laser solutions that Government and Defense clients have been demanding,” said Wayne Tupuola, CEO of Laser Photonics.
  • Laser Photonics joined with ISL in mid-February 2024.
  • As part of this vendor agreement, the initial products that will be offered through ISL will include:

Crystalline Polyethylene Terephthalate Industry Report 2024: Global Market Trends, Forecasts and Competitive Analysis 2018-2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 21, 2024
Packaging, Chemicals, Plastics, Manufacturing, Growth, Porter's five forces analysis, Investment, M&A

The "Crystalline Polyethylene Terephthalate Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Crystalline Polyethylene Terephthalate Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The future of the global crystalline polyethylene terephthalate market looks promising with opportunities in the trays, cups, films/sheets, and bottles markets.
  • Segmentation Analysis: Crystalline polyethylene terephthalate market size by manufacturing process, application, end use, and region in terms of value ($B).
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the crystalline polyethylene terephthalate market.

ProAmpac and Sammi Join Forces for Sustainable Fiber-Based Packaging Innovation

Retrieved on: 
Thursday, March 21, 2024
Sustainability, Environment, Other Manufacturing, Packaging, Chemicals, Plastics, Food, Beverage, Manufacturing, Retail, Honey, Partnership, Philadelphia Cream Cheese, MAP, Club, Heart, Multimedia, Freshness, Food preservation

View the full release here: https://www.businesswire.com/news/home/20240321489283/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240321489283/en/
    Sammi's commitment to sustainability is reflected in its selection of innovative packaging solutions, prioritizing sustainable impact and extended shelf-life, thus significantly minimizing packaging and food waste.
  • Using fiber-based packaging from well-managed forests, Sammi is a pioneer in grab-and-go sandwiches by replacing rigid plastic clam shells, thereby reducing its packaging footprint.
  • Customers love that Sammi Sandwiches are not just healthy and delicious, but the fiber-based packaging is what truly sets Sammi apart.
  • Sammi Sandwiches and our sustainable packaging is the future of grab-and-go in the U.S.,” states Joel Simpler, founder of Sammi.