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Prices rise for polyethylene, PET

Plastics News

Regional PET bottle resin prices also were up 2 cents for the month, according to market sources contacted by Plastics News. Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic, sources said. It's the first major PE manufacturing complex in the Northeastern U.S.

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H2 GO: Are Australians on board with hydrogen energy?

AU Manufacturing

Picture a future where bus fleets, freight trucks and even family cars powered by hydrogen fuel cells are cruising side by side with battery-powered electric vehicles on our roads, leaving only water vapour and warm air in their wake. The first uses renewable sources of energy like solar or wind to produce hydrogen from water.

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Assessing The Rising Input Costs Associated With The Global Pandemic

Donlouco

Increasing Input Costs for Manufactured Items of Metal, Steel etc. The trend actually started in 2018, lost momentum in 2019 due to economic downturn based on US import taxes etc and during 2020 saw poor demand but prices remained static due to reduced production. Fig 1: Source : Trading Economics. Increasing Sea Freight Costs.

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Most commodity prices drop, but PE stays flat

Plastics News

Regional PP prices were down an average of 15 cents per pound, according to market sources contacted by Plastics News. That drop was a combination of a decline in price for polymer-grade propylene (PGP) feedstock and buyers reclaiming some margin from PP makers, sources said. One market watcher said U.S. near Pittsburgh.

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Nature-inspired tech to move transport towards net-zero

E&T

Their PEM fuel cell can be 3D-printed or assembled from cheap printed circuit boards, which would enable manufacturing to be scaled up easily. In 2019, the company unveiled a theoretical design for a hybrid-electric, turbo-propeller aircraft for regional aircraft transportation.

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Is hydrogen the fuel of the future?

E&T

The government introduced secondary legislation in 2019 requiring all sectors of the economy to achieve net zero by 2050. Alongside transport, green hydrogen is being investigated for other potential uses including manufacturing, heating and energy storage, and together they are expected to form an integrated hydrogen economy.

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Top Legal Issues Facing the Manufacturing Sector in 2023

Foley

Agility and resiliency remain essential attributes for manufacturers in 2023. Manufacturers are no longer focused on figuring out when things will return to “normal.” Most major automobile manufacturers have set aggressive goals to electrify their fleets, many in the range of 40-50% by the mid-2030s.