Restrictions on Manufacturing and Usage of Methyl Tertiary-Butyl Ether Impede the Growth of the U.S. Methyl Tertiary-Butyl Ether (MTBE) Market

While methyl tertiary-butyl ether is commonly used in a variety of industrial applications, the growth of the U.S. methyl tertiary-butyl ether market might be hindered due to the imposition of stringent rules and regulations on the manufacturing and usage of methyl tertiary-butyl ether. As any kind of exposure to methyl tertiary-butyl ether can pose serious harm to the human health, governing bodies and environmental organizations in the U.S. have imposed stringent rules to regulate the manufacturing of methyl tertiary-butyl ether. The U.S. methyl tertiary-butyl ether market may witness slow growth in the upcoming years. Owing to the extremely hazardous effects on the human health due to any kind of exposure to methyl tertiary-butyl ether, manufacturers in the U.S. methyl tertiary-butyl ether market need to conform to the strict regulatory requirements established by the policymakers in the country.

Many states in the U.S. had banned the use of methyl tertiary-butyl ether in the oil & gas industry as a fuel additive due to its negative effects on the human health. After the government passed the Energy Policy, the oxygenate requirement for reformulated gasoline (RFG) was removed, which has made a negative impact on the growth prospects of the U.S. methyl tertiary-butyl ether market. The RFG survey data published by the Environment Protection Agency (EPA) states that the demand for methyl tertiary-butyl ether has decreased in the oil & gas industry as a fuel additive. This is expected to make a major impact on the growth of the U.S. methyl tertiary-butyl ether market in the upcoming years.

With the increasing health and environmental concerns among the governing organizations in the U.S., the stringency of regulations on manufacturing and usage of methyl tertiary-butyl ether in the country is becoming more intense. Manufacturers, as well as other market players, in the U.S. methyl tertiary-butyl ether market are mandated by the government to comply with the stringent regulations imposed by the government. Many American states have banned the use of methyl tertiary-butyl ether as a gasoline additive, which can hamper the growth of the U.S. methyl tertiary-butyl ether market in the upcoming years.

Not just the manufacturers and distributors in the U.S. methyl tertiary-butyl ether market, but end-user industries in the U.S. methyl tertiary-butyl ether market are mandated to conform to the rules and regulations imposed on the usage of methyl tertiary-butyl ether. Groundwater contamination due to methyl tertiary-butyl ether is one of the major issues that lead to regulating its use in various industrial applications. The U.S. methyl tertiary-butyl ether market is witnessing relatively slower growth as many governing organizations in the U.S. are filing lawsuits against petroleum companies over groundwater pollution from methyl tertiary-butyl ether. Increasing number of such cases are leading to refrain the end-user industries in the U.S. methyl tertiary-butyl ether market from using methyl tertiary-butyl ether as a fuel additive or an oxidizing agent. This is another factor that can impede the growth of the U.S. methyl tertiary-butyl ether market in the near future.

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Regulatory Framework Restricting the Use of Eugenol as a Flavoring Agent Impacts the Growth of the Europe Eugenol Market

Eugenol is one of the most popular flavoring agents used in a variety of food products, which encourages a number of eugenol manufacturers in the Europe eugenol market to enter the food industry in the region. However, the regulations established by the European Commission that restrict market players in the food & beverage industry from adding certain substances to food products, which also includes methyl eugenol. The Europe eugenol market may witness hindrance in its growth due to the regulations associated with the use of eugenol as a flavoring agent. As eugenol is naturally present in a variety of food ingredients, adding more eugenol externally is regulated by the governing body in the region, which may impact the growth prospects of the Europe eugenol market in the near future.

The regulatory bodies in the European Union have set maximum levels of methyl eugenol in food products. Eventually, as eugenol is naturally present in various food products, the demand for additional eugenol as a flavoring agent may decline in the upcoming years. This is one of the leading restraints for the development of the Europe eugenol market. Market players including manufacturers and distributors in the Europe eugenol market need to rely on other applications of eugenol to improve sales in the region. Despite the impressive growth of the food & beverage industry in the region, it may not prove to be a leading end-user industry for the Europe eugenol market in the near future.

Other than the regulations that restrict the use of eugenol as a flavoring agent, the European Commission has imposed labeling regulations on manufacturers introducing other products that contain eugenol. This one of the important factors that is further influencing the growth of the Europe eugenol market. The European Chemical Agency (ECHA) states that if eugenol enters airways and is swallowed by the consumer, it can cause an allergic reaction or even prove to be fatal. Eventually, manufacturers in several industries, which make use of eugenol to manufacture their products, must follow the labeling regulations imposed by the ECHA to suggest precautionary measures. This is another factor that may have a significant impact on the growth parameters of the Europe eugenol market in the near future.

Despite the presence of strict regulations in the Europe eugenol market, wide-ranging applications of eugenol continue to complement the development of the Europe eugenol market. Eugenol is witnessing a high demand in the region owing to its versatile applications such as cleaning & washing products, personal care products, perfumes & fragrances, and air care products. In addition, the Europe eugenol market continues to witness healthy growth due to its increasing demand for production of waxes and polishes. Mainly, the applications of eugenol in cosmetics and personal care products are expected to continue driving the growth of the Europe eugenol market, in the upcoming years. Even though the regulations and rules imposed by the regulatory bodies in the region restrict the use of eugenol in food products, its applications in other personal care products contribute to the growth of the Europe eugenol market. Manufacturers and distributors in the Europe eugenol market are focusing on attracting cosmetics, personal care products, and perfume manufacturers in the European Union to improve their sales in the upcoming years.

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Europe Methyl Tertiary-Butyl Ether (MTBE) Market: Proposed Ban on Petrol and Diesel Cars in European Countries can Impact the Market Growth

The Europe methyl tertiary-butyl ether market is witnessing healthy growth with its applications in the oil & gas industry as a fuel additive. However, leading European countries such as the United Kingdom, France, and Norway are proposing to ban conventional fuel-based vehicles in the coming years. The Europe methyl tertiary-butyl ether market may witness a significant impact on its growth prospects due to the proposed ban on fossil fuel-based cars in the regions. Taking into consideration the negative environmental impact caused due to the transportation sector, the UK government has proposed to ban new petrol and diesel cars by 2040. France government, also, has taken a decision to end sales of conventional fuel-based vehicles by 2040 in order to meet targets set under the Paris climate accord. This may hamper the growth of the Europe methyl tertiary-butyl ether market.

With an increasing number of European countries willing to reduce the use of conventional fuels, the growth parameters of the Europe methyl tertiary-butyl ether market may witness a major impact in the upcoming years. As methyl tertiary-butyl ether is commonly used as a fuel additive, the ban on petrol and diesel cars in European countries can hamper the growth of the Europe methyl tertiary-butyl ether market in the upcoming years. Manufacturers and distributors in the Europe methyl tertiary-butyl ether market are undertaking the regulatory impact analysis to plan appropriate future business strategies. With the increasing sales of electric vehicles in the region and proposed a ban on petrol and diesel vehicles, the growth of the Europe methyl tertiary-butyl ether market may be hampered in the upcoming years.

Increasing Use of Fuel Ethers to Reduce Harmful Emissions Boosts the Growth of the Europe Methyl Tertiary-Butyl Ether (MTBE) Market

Though the proposed ban on petrol and diesel vehicles in the region may hamper the future growth of the Europe methyl tertiary-butyl ether market, the current demand for methyl tertiary-butyl ether remains high in the region. When methyl tertiary-butyl ether is used as a fuel additive, it can reduce the greenhouse gas emissions and improve the air quality. With the use of fuel ethers like methyl tertiary-butyl ether, refining flexibility and gasoline production can be increased to a greater extent. This is boosting the growth of the Europe methyl tertiary-butyl ether market.

Growing environmental concerns among consumers as well as governing bodies in the European Union continue to trigger the growth of the Europe methyl tertiary-butyl ether market. With the use of methyl tertiary-butyl ether, the CO emissions in the region can be reduced and it helps in improving the indoor air quality, which is further improving the growth prospects of the Europe methyl tertiary-butyl ether market. Increasing awareness about these benefits of using fuel ethers such as methyl tertiary-butyl ether is boosting adoption of methyl tertiary-butyl ether in the automotive industry in Europe and, thereby, the development of the Europe methyl tertiary-butyl ether market. The Europe methyl tertiary-butyl ether market is gaining momentum with various governing bodies in the region promoting the use of fuel ethers such as methyl tertiary-butyl ether.

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Strong Energy Regulations and Standards Developed in the U.S. Market Impact Growth Prospects of the U.S. Blenders Market

With the changing lifestyle and a rise in discretionary income of American consumers, sales of kitchen appliances, such as blenders, have increased in the country over the past few years. The U.S. blenders market is gaining momentum with the need for convenience in cooking applications among American consumers and high demand for electronic kitchen appliances including blenders. Demand for blenders is likely to remain high in the U.S., as it is one of the most important and commonly used kitchen appliances. This is expected to boost the growth of the U.S. blenders market in the upcoming years. Increasing sales of blenders in the country are encouraging manufacturers in the U.S. blenders market to introduce advanced blenders to meet the dynamic consumer demands in the country.

However, the growth prospects of the U.S. blenders market are majorly impacted by various rules and regulations established in the U.S. market. Regulatory bodies, such as the Department of Energy and the United States Environmental Protection Agency, have developed regulations to reduce the environmental impact of using electronic appliances such as blenders. The growth parameters of the U.S. blenders market are changing as policymakers and governing bodies in the U.S. regulate the manufacturing and marketing processes involved in the U.S. blenders market. Leading manufacturers in the U.S. blenders market are introducing energy efficient blender in the U.S. blenders market in order to comply with the regulations related to the environmental impact of blenders. Clean energy regulations are forcing manufacturers in the U.S. blenders market to modify their manufacturing and marketing strategies in order to establish a strong position in the U.S. blenders market in the near future.

Employing Advanced Technologies to Improve the Blenders’ Designs to Remain a Popular Trend in the U.S. Blenders Market

With the increasing demand for kitchen appliances such as blenders, which can offer convenience in cooking applications, manufacturers in the U.S. blenders market are aiming to introduce advanced models of blenders. The U.S. blenders market is gaining momentum with the increasing number of technologically advanced blenders available on the market. Leading manufacturers in the U.S. blenders market are adopting advanced technologies to improve the functionality and efficiency of blenders. This is helping market players to attract an increasing number of consumers while consolidating a stronger position in the U.S. blenders market. Leading manufacturers in the U.S. blenders market are introducing advanced features of blenders to improve energy and cost-efficiency of blenders and gain a competitive edge in the U.S. blenders market in the upcoming years.

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U.S. Meatainers Market: Substantial Level of Consumption and Preference for Uncooked Meat to Fuel the Demand for Meatainers

The U.S. meatainers market is expected to remain under the influence of rising consumer preference for meat, especially uncooked meat. Owing to the spreading awareness for healthy cooking practices among U.S. Baby Boomers, demand for uncooked meat is on the rise, marking gainful opportunities for the U.S. meatainers market. Further, the meat and poultry industry in the United States is the largest segment of the agriculture sector, representing enormous consumption of beef and chicken and demand for meatainers. According to the U.S. Department of Agriculture (USDA), U.S, chicken production has increased five times since 1970s, portraying consistently rising and evolving meat consumption trends among American consumers and lucrative opportunities for the U.S. meatainers market. The growing pressure on the meat industry is being addressed by encouraging consumption of plant-based foods towards creating a sustainable food future. Consumer inclination towards plant-based food can influence future progress of the U.S. meatainers market in the future.

U.S. Meatainers Market: All-time High Consumption of Meat to Boost Meatainers Demand

Chicken and beef are estimated to report an all-time high demand in the United States, in turn, bolstering good opportunity for the U.S. meatainers market. The United States is one of the largest producer of beef and poultry in the world. According to the USDA, the beef and poultry industry in the U.S. has evolved to comply with the altering consumer preferences for meat consumption. Further, Americans are likely to consume approximately 92 pounds of chicken per person this year, breaking the record of 2017. The forecast as such projects an all-time high consumption of meat, presenting lucrative opportunities for the meatainers manufacturers operating in the U.S. meatainers market in coming years.

U.S. Meatainers Market: Preference for Uncooked Meat to Bode Well for the Meatainers Market

Majority of the consumers in the United States has been observed to purchase uncooked or precooked chicken. Baby Boomers, especially, are more likely to purchase uncooked chicken which they prefer to cook at home. Also, health, wellness and food safety concerns of Baby Boomers have led to the increased preference for uncooked meat over precooked or cooked one. Although millennials are prone to purchase precooked meat, with the past incidences of foodborne diseases, rising awareness regarding best cooking practices has, in turn, increased consumption of uncooked meat. Given that increased purchase of uncooked meat is expected to bode well for the U.S. meatainers market in the foreseeable future.

With the manufactures of meatainers in the U.S. meatainers market offering efficient, durable and affordable packaging solutions such as meatainers, projected high meat consumption and increasing preference for uncooked meat are some of the prime factors bolstering the growth of the U.S. meatainers market in coming years.

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Ball Corporation Signed a US$ 225 Million Deal to Sell its Metal Beverage Packaging Facilities

Ball Corporation, a Colorado-based packaging firm, announced that it has entered an agreement with ORG Technology Co. Ltd., a Chinese metal can manufacturing company, to sell metal beverage packaging facilities in China for approximately US$ 225 million.

The total transaction of US$ 225 million includes cash payments and potential additional payments, ranging between $50 million and $75 million, associated with the relocation of the current manufacturing facility. The company also announced that the assets mentioned in the acquisition agreement include its beverage can and end facilities in Foshan, Beijing, Qingdao, and Hubei, China.

Ball Corporation has agreed to reinvest approximately $50 million in ORG Technology’s shares for the projects needs for relocation of its facility in China. Furthermore, the company will be licensing its beverage can and end technology to ORG technology as a part of the deal. Ball declared that, while leveraging ORG’s expertise in the Chinese market in its respective markets, it will cooperate with ORG Technology post acquisition with mutual customers to help the company leverage lucrative commercial opportunities in the upcoming years.

“The acquisition of Ball’s metal packaging facility by ORG Technology is directed towards freeing up Ball’s capital investments in the Chinese beverage can and end plants that did not generated the anticipated annual returns. This acquisition will enable us to follow a disciplined approach in capital allocation across our business segments and help both the companies to benefit from each other’s expertise and presence in our respective geographical markets,” said John A. Hayes, chairman, president and CEO.

The company declared that, anticipating an incremental rise in demand for environment-friendly packaging solutions such as metal packaging, Ball will continue to offer sustainable aluminum beverage packaging in Asian markets. The wholly owned metal packaging facility of Ball in Myanmar and several joint ventures in South Korea, Vietnam, Taiwan, and Thailand will maintain the presence of Ball Corporation in the Asia Pacific region.

The company is planning to close the transaction during the second half of 2019, and use proceeds from the deal to support its multi-year share repurchase programs and current global growth initiatives.

Australia-Based Company Gets Recognized for Path Breaking Cancer Treatment Technology

OncoRes Medical a technology start-up based in Perth, Australia has been given global recognition for its attempts to improve the results of breast cancer surgery.

Digital Imagery to Play Major Role

OncoRes Medical created an imaging tool for surgeries that generates digital images of cancerous tissue. Currently, the primary method for tumor identification is through the feeling of stiff lumps in the body, which is difficult when the stiffness of tumors is at minute scale which can’t be detected by touch.

In surgery, healthcare professionals are often relying on feel and vision to find out every bit of the tumor has been removed, which is considered to be outdated in terms of today’s technology.

A large percentage of patients who require surgery for removing breast cancer tumors, find that they need extra surgeries to get rid of diseased tissue which was not detected in earlier operations.

Study Displays Positive Results

The CEO of OncoRes, Katherine Giles stated that results from recent research on the new technology has been extremely positive. The company just completed a study at the Fiona Stanley Hospital, which has shown in its results that, the accuracy of the new technology is more than 90 per cent, which is far higher than any expectation and better than competing technologies. The technology is now operating with great results, in a hand-held devices, which is expected to be released to healthcare professionals worldwide to utilize in operations within the surgical cavity, to find any bit of tumor that might have been missed by surgeons during operations.

Technology Showcased to the World

The firm is aiming establish itself firmly in the United States market, where it is expected to have a global impact. The win at Pitch@Palace, that was initiated by Prince Andrew, the Duke of York, is a huge step in this direction.

A major aspect of the Pitch@Palace meeting is that actually higher access is provided to the start-up network present at the House of York, and the networks are promoted by Prince Andrew himself.

So OncoRes Medical has been given specific directions that if the company were to require anything, that they could go and directly speak to a secretary appointed to the Duke of York’s office, and make requisitions for exactly what they require to assist in the faster growth of the business. OncoRes Medical aims to develop tools and technology in the end to give help in other areas, such as the different causes of cancer that are commonly faced by the medical fraternity.

Diary Giant Kerry Group acquiring Ariake USA, Southeastern Mills for €325m

Kerry Group, a diary giant announced on Friday about its plan to acquire two businesses for roughly €325 million. In a note, the foods group said that it is going to take over Ariake USA, the North American business of Ariake Japan. The discussions are going on around regulatory approval and customary closing conditions.

The Irish consumer foods company will also acquire Southeastern Mills’ North American coatings and seasonings business (SEM), following the customary closing conditions.  The group’s spokesperson said that such acquisitions are helpful in improving the foundational technology portfolio of the group and will also strengthen its foodservice positioning matching the strategic growth priorities. As a whole, the acquisition are expected to cost €325 million to the group.

The purchases have annualized pro-forma third-party revenues of nearly €125 million. Kerry will rely on the existing lines of credit to finance the two acquisitions. Kerry Group is a producer of brands like Galtee, Dairygold, Low Low, and Denny.

Ariake USA produces clean and natural savory taste products using raw materials derived from poultry, pork and vegetables at its Harrisonburg, Virginia facility.

The acquirer mentioned that Ariake USA has highly specialized extraction technologies and boasts superb development capabilities to develop a group of customized solutions for numerous end use markets. As per the diary giant the acquisition will also add to Kerry’s widespread authentic taste and clean label portfolio.

The food group spokespersons added that SEM manufactures seasonings and coatings at its manufacturing base in Rome, Georgia. They noted that the acquisition will further enhance the Group’s industry leading offering into the meat end use market.

The food group added that its business volumes climbed by 3.5 per cent in the first nine months of 2018, reaffirming its full-year earnings per share growth of 7% to 10%.  During the nine months till September 30th, the group’s business volumes rose by 3.5%, with a 4.1% growth in nutrition and taste, and a 1.2% profit in the consumer foods division of the group. It recorded a rise of 2.2% in its revenues.

Pricing decline by 0.2% during the period, indicating the lower raw material prices on average, but the group said that its trading margin was maintained. On Friday morning, the shares in Kerry Group were up 0.2% at EUR89.50.

BASF Produces Products Based on Chemically Recycled Plastic Waste

In a novel move, BASF has manufactured products composed of chemically reused plastic waste, and has become a worldwide pioneer across the industry.

Dr. Martin Brudermüller, CTO and Chairman of the Board of Executive Directors of BASF SE, said that companies, consumers and institutions must use plastics responsibly, if the world wants to set itself free from existing waste problem. He added that with chemical recycling, the company wants to reduce the amount of plastic waste significantly.

Brudermüller said that the company’s ChemCycling project uses waste derived from plastic as a resource, in order to create value for the society, economy and the environment. He added that the company has also collaborated with partners across the value chain to create an efficient working circular model.

The German chemical company and the biggest chemical producer in the world, BASF is closely associating with its partners and customers, ranging from waste management firms to packaging producers and technology providers, to form a powerful circular value chain.

At the first stage of the production chain, BASF feeds oil obtained from plastic waste through an oiling process into the Production Verbund. The company received this feedstock for the pilot products from one of its partners Recenso GmbH, Germany. Syngas, which is also composed of plastic waste, can also be used as a substitute in the process.

In October, BASF fed the first batch of this oil into the steam cracker at its Ludwigshafen site. The steam cracker begins the Verbund production, breaking down the raw material at about 850°C temperature.

Ethylene and propylene are the main outputs of this process, and these general chemicals are used in the Verbund to produce different chemical products. The company spokesperson said that following the mass balance approach, the recycled raw material share can mathematically be assigned to the final certified product. In fact, customers can choose the allotted amount of recycled material.

The chemical producer is already producing preliminary products like components of a refrigerator, insulation panels, and mozzarella packaging with 10 customers from different industries. BASF-supplied ChemCycling products exhibit the exactly same properties as products composed of fossil resources, thus they meet high quality and hygiene standards, which are seeing high demand especially in food packaging industry.

Nissan Inaugurates First of its Kind Global Digital Hub in Kerala

Nissan has opened its first Global Digital Hub to boost the development of software and information technology. The Japanese multinational automobile manufacturer has inaugurated its first Global Digital Hub in Kerala’s IT hub, Technopark in Thiruvananthapuram, India.

It will be the first of its kind facility, along with many other upcoming technology development centers coming in different parts of Asia, North America, Latin America and Europe.

Nissan’s Corporate Vice President and CIO Tony Thomas, said that they are quite excited to achieve this important milestone in its journey towards growth of Nissan Digital.

Thomas added that the Hub in India is going to play a vital role in driving Nissan’s worldwide digital transformation, especially when they already have some of the best technology talent driving outcomes to deliver their global customers in a better way.

This Global Digital Hub along with the technology centers setting up across the world are going to trigger the digital transformation in the manufacturer’s business by incorporating digital technology with the pivotal services and operations. For now, the Thiruvananthapuram located facility will allow the manufacturer to offer application portfolio management, optimized user experiences, cyber security, better product development competences, and connectivity with the evolution of automotive industry, owing to the increasing dependency on connected, autonomous and electric vehicle technology.

Shri Pinarayi Vijayan, the Honorable Chief Minister of Kerala has inaugurated the facility in the presence of Shri K.J. Alphons, who is the Minister of State for Tourism; Japanese Ambassador to India- His Excellency Mr. Kenji Hiramatsu; Mr. Tony Thomas, and MP from Thiruvananthapuram Shri Shashi Tharoor.

The Kerala chief minister said that Nissan’s entry to Thiruvananthapuram will mark the beginning of a new era for the IT sector in Kerala. Vijayan also mentioned that the state officials will try their level best to prove Kerala efficient enough to become second home for Nissan after Japan.

Headquartered in Nishi-ku, Yokohama, Nissan sells its cars under the brand names Nissan, Infiniti, and Datsun with in-house performance tuning products regarded as Nismo. It is the biggest electric vehicle (EV) manufacturer in the world, and registered worldwide sales of over 320,000 all-electric vehicles as of April this year.