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The expansion of the foodservice industry, along with the emergence of “takeaway” and “grab-and-go” services, will continue to provide potential growth prospects for the compostable foodservice packaging market.
Worldwide sales of compostable foodservice packaging reached approximately 6,400 tons worth $16.7 million in 2018; the market is projected to grow at a CAGR of around 5% through 2029.
According to Molteni, the mixer’s two planetary shafts and the orbital rotation of the gearbox and scraper are driven by their own hydraulic motor for two independent motions.
Milan, Italy-based Molteni s.r.l. recently announced the introduction of its new vacuum-rated, 14-L (3.7-gal) double-planetary mixer model RHBB14, which is reportedly designed for processing highly viscous products under full vacuum.
Covestro recently announced that it is serving as a key raw materials partner in a consortium managed by the Technical University of Denmark that is currently carrying out a research project called DURALEDGE (from durable leading edges) to investigate erosion mechanisms and develop new coatings to permanently protect rotor blades.
Dean Doza, Brij Mohal, Jolyon Stickels, Frank Huynen, Kamilah King, Ivone Beato, Fernando Rodriguez, and Dan Santos have new or adjusted roles with Chromaflo Technologies.
Dow recently announced that it has reached an agreement for the divestiture of its Acetone Derivatives business to Altivia Ketones & Additives, LLC, an affiliate of Altivia, a privately held producer of chemicals headquartered in Houston, Texas.
The HMI index gauging current sales conditions for newly built single-family homes increased two points to 73, and the component measuring traffic of prospective buyers rose two points to 50.
Builder confidence in the market for newly built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Wacker’s technical center in Bengaluru specializes in the development of customized tile adhesive applications, where adhesive strength and flexibility are vital.
According to Jowat, the products feature high renewable raw materials content, which provides high efficiency and cleanliness during processing while facilitating recyclable bonds according to the German packaging law.
Jowat recently announced the launch of its new Jowatherm® GROW product range, comprising bio-based hot melts for the environmentally compatible bonding of packaging.
Ashland Global Holdings Inc. recently announced that it has received the remaining regulatory approvals needed to close the previously announced sale of certain assets of Ashland’s Composites business and butanediol facility in Marl, Germany, to INEOS Enterprises Holdings Limited.
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