In the United States, the growing freight transportation sector is driving demand for intermediate bulk containers (IBCs). With a predicted 3.5% CAGR, the rise in exports of food, chemicals, and pharmaceuticals necessitates safe and convenient bulk packaging solutions. The versatility of IBCs caters to various industries, reducing shipping costs and ensuring compliance with safety regulations. Similarly, in India, the flourishing chemical and petrochemical industries are propelling IBC sales, with an anticipated robust CAGR of 8.3%. As chemical production grows, the need for efficient and secure packaging solutions like IBCs will continue to surge, positively impacting the market.
A Texas federal judge has ruled that a furniture procurement service can't prove a container company's negligence was to blame for a fire that did $4 million in damages to its Houston property and took 200 firefighters to extinguish.
Mauser Packaging is expanding its sustainable packaging business in Valparaiso.
The German-based firm is now leasing 25,110 square feet at Barley Properties new 65,592-square-foot multi-tenant flex building at 2650 Barley Road in Valparaiso.
âThe decision by Mauser Packaging to expand its operations in our new building at 2650 Barley Road fulfills the vision for our investment in this building and the city of Valparaiso,â said Jeff Leetz of Barley Properties. âThe building is designed to fill a need for flexible light industrial and commercial space offering local businesses an option to grow here, and it provides an ideal location to attract new businesses to our community.â