Industry Trends

The supplier of plastic-based multi-packaging systems has committed to achieving four ambitious goals, including ensuring that all of its plastic packaging is 100% reusable, recyclable, or compostable by 2025.

The post-consumer recycled (PCR) resin for collation shrink film gives North American customers one more tool for sustainable packaging alternatives, said Dow.

The medical technology industry is successfully navigating this recession like it has many others, and the supply chain is happy to go along for the ride.

A study by Harbour Results reports that 2020 automotive vendor tooling spend in North America will be $6.4 billion less than originally forecast and 31% below the $9.3 billion total in 2019.

The annual report from the Flexible Packaging Association notes that flexible packaging represents approximately 19% of the $177-billion US packaging industry.

The US plastics industry accounted for an estimated $432 billion in shipments and more than one million jobs in 2019, according to the "2020 Size & Impact Report" from the Plastics Industry Association.

Eastman’s Naia Renew portfolio, sourced from 60% wood pulp and 40% recycled waste plastics, is described as an eco-friendly alternative to viscose, the third most-used textile fiber in the world.

Perc Pineda, Chief Economist of the Plastics Industry Association, outlines three possible economic scenarios for the US plastics industry as it transitions back to a post-pandemic world.

Materials supplier Trinseo and German packaging company Fernholz have collaborated on the development and commercialization of a new grade of post-consumer recycled polystyrene for form-fill-seal formulations.