03 October 2023
03 October 2023
The one-year extension allows industry stakeholders to refine the scheme, cut implementation costs and enhance sustainable packaging practices.
The deal is in line with Macfarlane's overall growth strategy.
Propelled by RFID innovation and industry giants, China's intelligent packaging sector is on a remarkable journey worth exploring.
The factory will be operated by Stenay under its new brand, Stenpa.
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Many of the vital metaverse technologies are already being used or piloted by packaging companies, who have brought together AI, AR, VR, cloud, the IoT, and other technologies to monitor and maintain key assets remotely. The sector could also use immersive metaverse solutions to optimize packaging design and quality control—testing prototypes in a virtual world before bringing them to market. Another disruptive benefit will involve using underlying blockchain and digital twin technologies to assist in creating more transparent and traceable supply chains.
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