Category Archives: Industry Insights

Advancing Packaging Technologies for Climate-Resilient Supply Chains

In response to the challenges posed by climate change, the biopharmaceutical industry is intensifying efforts to enhance packaging technologies for climate-resilient supply chains. The imperative to protect product integrity, ensure patient safety, and mitigate environmental impact has spurred a concerted focus on advancing packaging solutions tailored to address the evolving climate-related risks. The escalating unpredictability…

EU Approves €6.9 Billion Funding for Hydrogen Supply Chain Development

In a significant development, the European Commission has granted approval for up to €6.9 billion ($7.43 billion) in state aid to support seven member nations in advancing their hydrogen supply chain infrastructure. This funding, allocated through the Important Projects of Common European Interest (IPCEI) program, will bolster the IPCEI Hy2Infra project jointly initiated by Poland,…

Michigan Potato Supply Chain Contributes $2.5 Billion to State Economy

In a recent revelation by the Michigan Potato Industry Commission, the economic significance of Michigan’s potato supply chain has been underscored, with an estimated value of $2.5 billion. Executive Director Dr. Kelly Turner highlighted potatoes as the state’s second-largest produce commodity in terms of both volume and value, emphasizing the substantial impact of the industry…

Logistics Firm Secures $2M Funding to Expand Electric Vehicle Fleet

A logistics company has successfully secured a $2 million seed funding aimed at accelerating the integration of electric vehicles (EVs) into its fleet, marking a significant milestone in its commitment to revolutionize green logistics practices in the Philippines. The funding, led by RT Heptagon Holdings (RTHH), underscores the growing momentum towards sustainable urban mobility. The…

Partnership Strengthens Supply Chain for North American Lithium Demand

A leading energy solutions provider recently announced a strengthened partnership with Wesfarmers Chemicals, Energy and Fertilisers (WesCEF), aiming to secure a stable lithium supply chain for the North American market’s demand for efficient and sustainable power solutions. The agreement between the two entities entails WesCEF supplying lithium concentrate to the energy solutions provider, supporting the…

Manufacturer’s Commitment to Resolving Supply Chain Challenges Enhances A220 Program Progress

A major aerospace manufacturer is currently focused on addressing challenges within its supply chain to ensure the smooth ramp-up of production for its A220 programme. The company sees no immediate need to overhaul its industrial setup despite ongoing issues faced by its wing supplier. The supplier has been seeking improved contract terms, leading to speculation…

Malaysia Aims to Expand Role in Aviation Supply Chain

The Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong, has expressed Malaysia’s ambition to assume a more significant role in the global aviation supply chain. Highlighting Malaysia’s reputable presence in aviation material manufacturing and aircraft parts production, Liew emphasized the sector’s pivotal contribution to advancing the objectives outlined in the New Industrial Master…

Blockchain and Smart Tech Revolutionize Retail Supply Chain Security

In a realm where cargo theft experiences a surge, blockchain technology emerges as a beacon of hope for secure and transparent supply chains. Companies such as Overhaul are spearheading efforts by investing in preventive measures like smart door seals to uphold integrity and trust within the retail sector. With the exponential increase in cargo theft…

Boosting Palawan’s Egg Supply Chain with ₱2.6M Project in the Philippines

The Department of Agriculture’s Special Area for Agricultural Development (SAAD) has initiated a project aimed at strengthening the poultry farming sector in the Philippines. Allocated ₱2.6 million, the project targets to enhance local egg production by supporting three key associations: the Rizal Rural Improvement Club (RRIC) and Rizal-Lucban Farmers Livelihood Association (RLFLA) in Magsaysay, along…

South Korea Eyes Supply Chain Collaboration with Cuba for EV Battery Production

In the wake of establishing diplomatic relations with Cuba, South Korea’s presidential office is poised to explore opportunities for supply chain cooperation, particularly in the mineral sector crucial for electric vehicle (EV) batteries. Cuba’s status as the world’s fifth-largest nickel producer presents a promising avenue for enhancing South Korea’s presence in the global supply chain…