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.
Last-mile delivery, which marks the end point of the supply chain, is generally considered to be the most challenging phase to optimize and also the most expensive phase.
New digital resources will give clients the ability to track the journey of their products through the supply chain, while also giving insight into consumer behavior.