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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 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.
Dow recently announced that it is looking to encourage debate across the industry at K 2019, which will be held October 16-23, 2019 in Düsseldorf, Germany.
Henkel recently introduced Loctite Liofol LA 2798, a formulation that was reportedly specifically developed for high-performance packaging applications such as thermal processes like sterilization.
Specially engineered for curing at temperatures lower than the current standard of 180-190°C, the new offering is TGIC-free polyester, which reportedly saves energy and helps customers to improve their efficiency.
Avery Dennison recently announced that it will create its biggest-ever trade show presence at Labelexpo Europe 2019, which will be held in Brussels from September 24-27.
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 GC3 is seeking 10 startups to present their technologies to large companies (“strategics”) in many sectors across the value chain that are seeking new green chemicals and materials for their products; new green products and manufacturing technologies; joint development, licensing, investment and other partnership opportunities.
During this new North American edition, the conference will explore the current state of the surfactants industry with topics such as Raw Materials Supply & Demand, Regulatory Issues & Supply Chain Activity, Analysis of Bio-Based Surfactants, and Evolution of Performance & Applications.
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