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Kraton Corp. recently announced that it will exhibit key innovations from a broad portfolio of bio-based tackifiers, polymers, and tread-enhancement additives at CHINA ADHESIVE 2019.
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 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.
Joining the CE100 is part of 3M’s strategic focus on science for circular, with the ambition to design solutions that do more with less material and advance a global circular economy.
3M recently announced that it has joined the Ellen MacArthur Foundation’s Circular Economy 100 (CE100), which brings together businesses, innovators, cities, governments, and universities committed to collaborating on the transition to a circular economic model.
The Carbon Footprint Challenge invites students and young professionals from all over the world to share ideas to fight climate change on an open innovation online platform.
Covestro recently announced that, for the second consecutive year, it is a partner of the global Carbon Footprint Challenge, an international business idea competition supported by leading global companies such as Bühler, Evonik, and Oracle, as well as nine top European universities connected to the Unitech network.
In 2018, Kraton certified 11 new product families under the European Biobased Certification Scheme, which specifies and validates a product’s biomass amount based on the European standard EN 16785-1.
Kraton Corp. recently announced the release of its “2018 Sustainability Report,” highlighting continued efforts to integrate sustainability throughout the organization.
While demand for industrial adhesives is expected to grow at a significant rate during the forecast period, the market is facing challenges due to crude oil price volatility.
A recent market research study projects that the global industrial adhesives market will add over $13.9 billion to its value from 2019-2023, growing at a CAGR of almost 5%.
The cashew nut shell liquid (CNSL) market is forecast to grow from $250.2 million in 2018 to $450.4 million by 2026, expanding at a CAGR of 7.3%, according to a recent market research report.
