Many industries have struggled due to the impact of COVID-19, but ecommerce certainly isn’t one of them. eMarketer reports that retail ecommerce sales alone grew 27.6% globally in 2020, to reach nearly $4.3 trillion.
Net sales growth is primarily attributed to increased selling prices due to the pass through of higher resin costs, organic volume growth, and favorable impact from foreign currency changes.
May 13, 2021
Berry Global Group, Inc. recently reported its second fiscal quarter 2021 results, including a 13% increase in net sales, to $3.4 billion, compared to the fiscal second quarter of 2020.
Ultraviolet (UV) light-emitting diode (LED) curing technology offers significant advantages compared to traditional mercury UV curing. As a result, adhesive bonding, sealing, and coating processes in factory assembly lines are rapidly upgrading to UV LED curing technology.
Taking a systematic approach and using selection tools available from adhesive manufacturers can streamline the pressure-sensitive adhesive selection process and help ensure strong bonding in each application.
The ideal pressure-sensitive adhesive (PSA) delivers exactly the right amount of bonding at the lowest cost. Choosing the right adhesive hasn’t always been easy, however. We have all heard stories about adhesives failing prematurely, as well as how costly those failures can be to product manufacturers.
Other building material prices have been steadily rising since 2020 and, like lumber, are in short supply as well.
May 10, 2021
Soaring lumber prices that have tripled over the past 12 months have caused the price of an average new single-family home to increase by $35,872, according to new analysis by the National Association of Home Builders.