Globally, environmental conservation is a top priority. Industry, on the whole, is generally considered a top threat to resources and climate change. Recent statistics bear out the concern. Around 38% of overall global energy consumption and 24% of total CO2 emissions are attributed to industrial production.1 Continued industrial expansion suggests the percentages will continue to rise exponentially, as will energy prices since general worldwide demand for energy is predicted to nearly double by 2035.
In the first article of this two-part series, we explored global initiatives and legislation aimed at restricting or eliminating single-use plastics, especially as it relates to plastic packaging. Driven by mounting evidence that minimizing reliance on plastic is critical to ecological and environmental preservation, compostable packaging solutions are being pursued.
The past several decades have been a boon for plastics. Global production has topped 300 million tons annually, on its way to an estimated 650 million tons per year by 2035.1 In the EU alone, about 49 million tons of plastic are generated annually to meet varying degrees of need in the electronics, automotive, and building and construction industries — but at nearly 40% of overall consumption, plastic packaging is by far the greatest demand-generator.1
Pulp prices have seen their share of spikes over the years. 2011 brought with it the industry’s highest price point in 30 years, only to be usurped in 2015. Currently, the price of wood pulp is forecasted to rise at an estimated annualized rate of 5.1% leading up to and through 2019.
Private label tissue will soon own one-third of a market once dominated by name brands. What’s fueling the change? What’s next for tissue converters? Learn more in this brief video.
Data rules the day in the Digital Age, and no industry is exempt from its importance or impact. Increasingly, tissue converters need to rely upon generating, gathering and manipulating Big Data to improve both their operations and end products in order to balance customer satisfaction with profitability.