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.

Kenya Medical Supplies Authority to Dispatch Medical Supplies

With the University Health Coverage Launch, Kenya Medical Supplies Authority dispatched a medical supplies consignment to four pilot countries. University Health Coverage is expected to be launched in Kisumu and rolled out in the other three countries including Isiolo, Nyeri and Machakos. The CEO of Kenya Medical Supplies Authority, Jonah Mwangi told the press that the orders that were delivered included critical care items, public health chemicals, point-of-care clinical diagnostic devices, orthopedic implants, basic medical equipment, dental consumables, and lien.

Kenya Medical Supplies Authority has been dedicated towards delivering renal and dialysis consumables, non-communicable disease commodities through access programs, digital films and radiology products, CT scan and MRI products, along with expanded oncology products.

The agency in the University Health Coverage program has been entrusted to ensure quality medical products to be provided at fair prices, delivery of supplies and medicine in good time according to the requirements of health facilities, and sufficiency in vital health medicines and supplies’ stock.

Know Why Pilot Countries were Chosen

Rashid Aman, the Health Ministry CAS was present and stated that Kisumu was chosen as a pilot country for the programme as it has registered a high predominance of communicable disease burden. Similarly, Isiolo has a scanty population along with a high rate of maternal mortality, Nyeri a recognized a leader in communicable disease burden, while soaring incidences of road accidents are witnessed in Machakos.

The University Health Coverage program would focus on a primary health care approach and would include maternal and child health services, antenatal and postnatal care services, enhancing immunization services, family planning, prevention of diseases such that are vector borne or water borne, HIV, sexually transmitted diseases, and improving the nutrition of conceiving women and carried out these activities throughout the initial five years of the child’s life.

New Research Revelations

The need for effective medical devices and medical supplies has been an increasing requirement across the world. According to a new research conducted by Future Market Insights, the point-of-care devices such as point-of-care cholesterol monitoring devices are increasingly utilized especially in the home care setting. Moreover, with the increasing emergence of technology, the point-of-care devices are expected to be integrated with advanced technologies. With the supply of medical devices and effective clinical care, such programs are expected to boost the capabilities of healthcare.

To know more about the effectiveness of point-of-care cholesterol monitoring device, and gain insights regarding the market scenario, click here.

FDA Approves New Orphan Drug for Frontotemporal Dementia

Orphan Drug Designation to Foster Rising Consumption of Drug

Orphan drugs are developed specifically for the treatment of rare medical conditions that are known as orphan diseases. Approvals of the US Food and Drug Administration (FDA) play a crucial role in the implementation of drugs for treatment. The new and first-of-its-kind protein aggregation inhibitor LMTX developed by TauRx has reached Phase 3 clinical development for neurodegenerative disease treatment. Backed by the company’s three decades of research, this drug was granted an approval by FDA getting an Orphan Drug Designation (ODD) for treating frontotemporal dementia.

Protein aggregation is widely considered to be a driver in dementia development, owing to which, protein aggregation inhibitors are used for undoing the process. This approach helps in potentially reducing the speed at which underlying disease pathology spreads, consequently helping preserve the function, cognition and quality of patient’s life. An active substance in LMTX is reflected to be active against TDP-43 protein aggregation apart from primarily focusing on tau protein.

Addressing Rare Neurodegenerative Conditions

Professor Claude Wischik, Excutive Chairman of TauRx along with Professor of Old Age Psychiatry at the University of Aberdeen stated that the FDA Orphan Drug Designation of the drug acts as a favorable step for clinical researchers, care teams, and patients, reinforcing their persistent research for disease-modifying treatment for the in-adequately addressed category of rare neurodegenerative conditions. LMTX has also been granted the Orphans Designation by the European Medicines Agency (EMA) in 2010.

FDA approvals of the ODD status are provided only to those medicines that are developed for diagnosis, treatment, or prevention of rare disorders. ODD is recognized to offer incentives for sponsors for the development of products intended for rare diseases.

Research Unveils Promising Future for Orphan Drugs

Similarly, other orphan drugs are undergoing key developments that are boosting the capabilities of the clinical and medical science for the diagnosis, treatment, and prevention of rare orphan diseases. A clinical-stage biopharmaceutical company, Entera Bio recently announced the completion of the part 1 of Phase 2 clinical trials of Natpara, an injectable orphan drug developed for treating the rare endocrine disease, hypoparathyroidism. A recent market study presented by Future Market Insights reveals the developments in treatment of hypoparathyroidism. The senior team of analysts state that favorable government schemes related to orphan drug, tax incentives for qualified clinical trials, along with regulatory approvals are some major factors that could translate in promising earnings for companies. Such support combined by the process of gaining regulatory approvals is expected to paint a favorable picture with respect to treatment of rare diseases.

Key insights and opportunities in the hypoparathyroidism treatment market could be availed here.

Automotive Shock Absorbers: A Key Component in Next-generation Automobiles

Car Makers to Compete at Dakar with New Versions

Automotive shock absorbers are amongst the key components of any automotive vehicle. Major automotive companies are continually developing automobiles that are designed for next-generation requirements. Nissan has developed the new version of their Navara for competing in the Dakar 2019. The purpose built pickup truck is well-equipped with new and improved components. With a suspension of double-wishbone or live-axle setup, equipped with Reiger shock absorbers, the T1 Navara also has a massive fuel tank and a raised ride height. This truck is built by the custom off-road car and truck builder, Red-Lined Motoring Adventure is ready to compete in Dakar 2019, an annual rally raid organized by Amaury Sport Organization.

New Entries Focus on Improved Component Offerings

New automotive editions are being integrated with advanced components, thereby improving the output and performance of automotive vehicles and contributing to the increasing profits for manufacturers. Nexon Kraz special edition, by TATA motors has been launched in Nepal. This new edition of the vehicle showcases key features and specifications of its predecessor, with an appealing color scheme that is expected to attract the customers. Amongst they features owned by the SUV, shock absorbers are a key component.

Ideal Shock Absorbers for SUVS

Monotube shock absorbers offer rapid damping reaction and immediate response to changing road conditions, with the help of a continuous pressure exerted by gas on the oil, making them an ideal alternative for SUV rear axles. Such advanced shock absorbers boost the performance and durability of vehicles helping them attract customers that demand similar attributes from automotive vehicles. Monotube shock absorbers are also well suitable for luxury sedans and sport cars.

Automotive gas charged shock absorbers are gaining major demand owing to their advanced attributes. The research study on automotive gas charged shock absorbers market presented by Future Market Insights (FMI) highlights the significance of automotive gas charged shock absorbers. According to the senior analysts at FMI, the technologically advanced variants of automotive gas charged shock absorbers are expected to be preferred increasingly, owing to the design that prevents any occurrence of cavitation and aeration. The automotive shock absorbers improve the capabilities of automotive vehicles, making them more robust and effective in terms of effective stability and strength on roads, thereby boosting their demand in future.

More valuable insights and a glimpse of growth opportunities of the automotive gas charged shock absorbers could be obtained here.