by Jeanine Vecchio | Feb 6, 2023 | Sustainability, Uncategorized
Gartner predicts 20% of organizations likely to ditch efforts and focus on reducing carbon footprint of packaging In 2020, a large McKinsey survey into sustainable packaging found that 55% of U.S. consumers were very concerned or extremely concerned about...
by Jeanine Vecchio | Feb 6, 2023 | Resin Increase/Decrease, Uncategorized
Resin buyers stayed stuck in the doldrums last week. Spot resin market activity was slower than a typical January, with completed volumes again below average. There was some rejuvenated demand, at least for polyethylene (PE), following severe weather and tornados in...
by Jeanine Vecchio | Feb 6, 2023 | Supply Chain
SAN MATEO, Calif., Feb. 1, 2023 /PRNewswire/ — Disruption and uncertainty have become the new normal for the global supply chain. A majority (82%) of supply chain leaders anticipate challenges will worsen or stay the same during the next 6 to 12 months according...
by Jeanine Vecchio | Jan 9, 2023 | Resin Increase/Decrease
Rising resin capacity in the United States coupled with slower economic growth will keep a lid on prices and margins in the new year. Zachary Moore | Jan 03, 2023 Heading into 2023, prices and margins for polyethylene (PE) and polypropylene (PP) in North America are...
by Jeanine Vecchio | Jan 9, 2023 | Sustainability
A look at what’s likely ahead triggers that déjà vu feeling. But we still have to be prepared and, in many ways, we are not. 1. Reverse material substitution will continue to grow. Cereal box liners. Paper bottles. Protective ecommerce packaging. The biggest trend...