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Most resins saw prices drop in December

Plastics News

Strong seasonal demand for bottled water and other beverages played a role in earlier PET price increases, as well as a lack of new capacity and freight and logistics challenges. The automotive sector is a big end market for many engineering resins. In the first quarter [of 2023], they'll be buying again at lower prices."

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State of the Industry: Creating a Sustainable Future

Fabricating & Metal Work

Novelis has partnered with its suppliers and its customers in the aerospace, automotive, beverage can and other industries on the road to being carbon neutral by 2050 — or sooner. Recycling aluminum cans, for instance, is one thing, but what about reclaiming material from an electronics product, which has a variety of materials?

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Global robot installations at an “all-time high”, says International Federation of Robotics

Automation Mag

The automotive industry is still by far the number one adopter with 9,782 units installed in 2021. The food and beverage industry installed 25 percent more robots, reaching a new peak level of 3,402 units in 2021. Demand from the automotive industry was steady, while demand from the general industry was up by 51 percent.