Arkema has successfully started its new Pebax® elastomer unit at its Serquigny plant in France, increasing its production of this bio-circular material.
Encina will supply Covestro with benzene and toluene pending the completion of Encina's production facility, which is anticipated to come online at the end of 2027.
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 infusion of artificial intelligence (AI) into R&D and manufacturing processes is responsible for the current unprecedented pace of the manufacturing landscape, which has unleashed a wave of innovation, efficiency, and quality in the sector.