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Date Archive - July 2023

Monthly Resin Report: Bearish Economy Weighs on Plastics Demand

The macroeconomic environment remained bearish through June, especially for manufacturing, which continued to weigh on demand for both polyethylene (PE) and polypropylene (PP). Industry participants are feeling bearish for the second half of the year for the most part, as well, with many players still holding larger than usual inventory levels. Purchasing Managers Index (PMI) data from the Institute for Supply Management (ISM) showed that US manufacturing activity declined for…

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Nearshoring to Mexico: Benefits, Challenges

Nearshoring is becoming more attractive as United States medical device companies aim to shorten manufacturing processes to avoid supply chain and other issues linked to manufacturing in far-away locations, like China. US companies have practiced nearshoring to Mexico for decades, however, there has been an uptick in interest in recent years, according to Douglas L. Donahue, co-managing partner, Entrada Group, which works with international suppliers establishing manufacturing footprints in Mexico.…

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Breaking News in Flexible Packaging July 2023

If you’re interested in an informative and fast read on the subject of flexible packaging, this is for you — an all-in-one location for a steady stream of curated news and developments in this dynamic market for the current month. You’ll find fresh news and developments updated once or twice weekly in the ever-widening world of applications for pouches, bags, films, and other types of flexible packaging sourced from supplier breakthroughs, brand launches,…

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