Axion Consulting, Dow Chemical, Nestlé, Unilever and other global companies say they have made "significant" progress in a project that aims to improve the recyclability of flexible packaging.
The growth rate of the large and diverse chemical industry in North America tends to track GDP, but a confluence of factors is expected to accelerate the industry's growth relative to the overall economy during the next five to ten years. By the end of this period, the U.S. - representing more than 80 percent of the North American chemical market - will be a larger net exporter of chemicals than it is today.
Thanks to advancing capabilities and greater accessibility, the use of drones is continuing to increase. In fact, global drone sales reached $4.3m in 2015, a 167-percent jump from two years ago. This surge should come as no surprise as people find more and more useful ways to put drones to work.
The market for so-called "safer chemistry" is set to outpace the overall global chemical market during the current decade. Companies are reducing their use and generation of hazardous substances, creating safer products and lowering the impact of processes on human health and the environment. The impetus comes from a combination of tightening regulations and demand from consumers for more sustainable products.
Challenge: A large oil and gas corporation required a U.S. Customs broker to facilitate the clearance of 60,000 annual entries via rail and truck from Canada to the U.S. The company's complex supply chain included 12 different scenarios involving multiple locations, carriers, commodities, processes, and technology platforms. The customer sought a partner who would reduce manual entry processes, ensure Customs compliance, and streamline communication flow.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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