Like almost every manufacturing sector, the building and construction products industry generally worked through their backlog, focused on margins, and experienced an overall drop in customer demand last year, yet expect a positive year ahead.
The new facility increases Cariflex's global manufacturing capacity, with future expansion already enabled to meet growing market demand in the foreseeable future.
Michelin is building an initial industrial demonstration unit for the 5-HMF molecule, a bio-sourced and non-toxic molecule that can replace ingredients derived from fossil fuels in a wide variety of industrial fields.