Toll blending, also known as contract blending, toll manufacturing, or contract manufacturing is defined as a service wherein different types of blends production is outsourced to an external or third party. The contract blender collects the formula, raw ingredients, and packaging and then converts them into a finished product.
Outsourcing blending at any stage of the process is a highly effective and cost cutting method. With the outsourcing industry increasingly becoming one of the fastest growing markets across diverse industries, the demand for contract blending services is likely to accelerate in the forthcoming years. Furthermore, outsourcing services save production time and the cost of storage and raw materials significantly, which is auguring well for contract blending services market.
Contract Blending Services Market: Notable Developments
Some of the leading players operating in the contract blending services market are RSBRUCE Metals and Machinery Ltd., UIL Blending Solutions, 2v Industries Inc., Grosvenor Chemicals Limited, Econo Pak, EMCO, Plantgistix, PacMoore, Sabinsa Europe, Fair Chem Industries Pte Ltd., Thermograde, CMC Milling, Haviland USA, Sigma Services, and Prestige Blending
Notable developments in the competitive landscape of contract blending services market include:
- In April 2019, a leading contract packager and manufacturer, Multi-Pack Solutions announced that it is spending US$ 16.3 million on the expansion of its Greenville County operations, which are expected to be online by the fourth quarter. Multi-Pack will extend its production and sales operations by shifting into a 125,000-square-foot facility at the South Carolina Technology and Aviation Center.
- In February 2019, Houston-based Plantgistix, a leading player in contract blending services market announced that it is constructing a new contract packaging plant in Texas. The new plant is likely to achieve full operational capability by June 2019, which will be focused on providing export contract packaging services. It will boost the services and supply chain abilities of Plantgistix by extending the company’s inbound hopper car capacity to roughly 300 per month.
- A leading contract blending services provider UIL Blending Solutions has recently designed and implemented a novel powder manufacturing facility with the aim to target large and lucrative scale contract opportunities. With the new facility, UIL Blending Solutions has got faster turnaround times, a greater variety of processing configurations, and more capacity for clients seeking outsource for their products.
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