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Mr. Long previously served as CEO of Miller Brewing Company prior to the 2008 merger of Miller and Coors. He is currently the Chairman of the Board of Wolverine Worldwide, Inc.
The global battery packaging market is projected to grow from USD 39.8 billion in 2025 to USD 118.7 billion by 2035 at a CAGR of 11.57%, driven by electric vehicle production expansion, grid-scale energy storage deployment, and next-generation battery formats. Cardboard/paperboard dominates the material segment (61.23% share), while cylindrical packaging leads with prismatic growing fastest. Electric vehicles represent the fastest-growing end-use segment at 14.18% CAGR, with Asia Pacific holding 41.28% of global market share.
Building off a shared history of advancing GHG emissions reduction efforts, the collaboration connects Dow's low carbon polyethylene (PE), materials science and carbon footprint expertise with Amcor's packaging
August PPI ran hot at 5.4%. Gold fell 2%, the 10-year hit 4.90% and economists split on a September Fed hike.
Analysts downgraded Varonis, Eastman Chemical, Workday and FMC; price targets fell for Eastman, Varonis and FMC.
JP Morgan analyst Jeffrey Zekaukas downgrades Eastman Chemical (NYSE:EMN) from Overweight to Neutral and lowers the price target from $82 to $66.