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Geared products market to grow by 7.2% in 2022

Control Engineering

in 2022 and are projected to decline by 0.9% in 2021, with further price rises forecast in 2022. Steady growth has also been seen in 2022, with sales expected to increase by 7.2%. Steep drops in commodity and freight costs in 2023 are expected to push down prices significantly. Geared product insights.

Freight 52
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Australian PMI: manufacturing sector sees ‘weakening conditions’ in October

AU Manufacturing

In its report issued today , the Ai Group said three of the six manufacturing sectors comprising the Australian PMI contracted in October 2022. . Food and beverage and TCF, paper, and printing both recovered this month, while machinery and equipment showed a mildly positive result. . points to 49.4

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Signs of Australian trade rebound while New Zealand still struggles

AU Manufacturing

The increases in vessel volumes have been climbing rapidly since February 2022, reflecting a 34% increase in vessel capacity. The increases in vessel volumes have been climbing rapidly since February 2022, reflecting a 34% increase in vessel capacity. September data shows a 10% decrease in total vessel TEU volumes from 2020 to 2022.

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Prices rise for polyethylene, PET

Plastics News

Although demand was down in the second half of 2022, PE makers were able to hold prices flat by reducing production and increasing the amount exported from North America. Prices for all grades of PE were down a net of 2 cents for full-year 2022. billion pounds in 2022. Even with sluggish demand, the industry has been active.

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Plugging the gap: How HVO fuel is helping operators decarbonise

SMMT

Also, more than 200 of Belfast Council’s fleet vehicles previously powered by diesel, are now running on HVO, following a trial of the fuel on a selection of vehicles during the summer of 2022. Meanwhile, sustainable freight management specialist Zeus has partnered with multinational beverage company Diageo to begin HVO fuel trials in the UK.

Freight 52
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Commodity prices rise; engineering resins drop

Plastics News

PP prices were down 4 cents in December and down a net of 42 cents for full-year 2022. Regional PVC prices finished 2022 down a net of 31 cents. That number essentially was flat vs. December but down more than 27 percent vs. the same month in 2022. Prices for all grades of PE were down a net of 2 cents for full-year 2022.

Sourcing 108
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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

The Prices Index contracted for the third consecutive month and has declined in each reading since March 2022 , when it registered 87.1 ” [Food, Beverage & Tobacco Products]. December 2022. DECEMBER 2022 MANUFACTURING INDEX SUMMARIES. WHAT RESPONDENTS ARE SAYING. ” [Machinery]. MANUFACTURING AT A GLANCE.