Secondary sector of the economy

Daiwa Securities Upgrades Rating of Parent Company of Precision Tsugami (1651.HK) to "Outperform"

Retrieved on: 
Monday, September 6, 2021

HONG KONG, Sept 6, 2021 - (ACN Newswire) - Daiwa Securities, in its recently published research report, has upgraded the rating for the parent company of Precision Tsugami (China) Corporation Limited ("Precision Tsugami" or the "Company", stock code: 1651), which is the largest foreign-owned CNC high-precision machine tool manufacturer in the PRC .

Key Points: 
  • HONG KONG, Sept 6, 2021 - (ACN Newswire) - Daiwa Securities, in its recently published research report, has upgraded the rating for the parent company of Precision Tsugami (China) Corporation Limited ("Precision Tsugami" or the "Company", stock code: 1651), which is the largest foreign-owned CNC high-precision machine tool manufacturer in the PRC .
  • The "Outperform" rating was given to the firm as Daiwa Securities was particularly optimistic about Precision Tsugami's strong business foundation in the PRC, and the higher-than-expected number of orders received in July.
  • In the report, Daiwa Securities noted that Precision Tsugami brought a new plant on stream in Anhui Province, the PRC, in March 2021, thus increasing total production capacity by just above 15%.
  • In view of the higher-than-expected number of orders in July, Daiwa Securities raised its revenue forecast for the parent company of Precision Tsugami.

Worldwide Packaging Resins Industry to 2026 - Cost Effectiveness and Increased Shelf-life of Products is Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, September 6, 2021

The United States packaging industry in 2019 has generated a total value of USD 180 billion.

Key Points: 
  • The United States packaging industry in 2019 has generated a total value of USD 180 billion.
  • Hence, with such factors driving the demand for flexible packaging material, the consumption of packaging resins has also been increasing from the food and beverage industry across the world.
  • The revenue generated by the Indian food industry had increased from USD 68,960 million in 2010 to USD 262,339 million in 2019.
  • Considering the growth prospects for the cosmetics industry in China, international cosmetic brands entered the market, which led to intense competition in the domestic cosmetic industry.

Global Robotics, Additive Manufacturing, Sustainable Manufacturing, and Industrial Automation Market Growth Opportunities - ResearchAndMarkets.com

Retrieved on: 
Monday, September 6, 2021

The "Growth Opportunities in Robotics, Additive Manufacturing, Sustainable Manufacturing, and Industrial Automation" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Growth Opportunities in Robotics, Additive Manufacturing, Sustainable Manufacturing, and Industrial Automation" report has been added to ResearchAndMarkets.com's offering.
  • The Advanced Manufacturing report covers global innovations and developments related to manufacturing and industrial automation on a monthly basis.
  • Innovations are focused toward improving product traceability, energy efficiency and reducing environmental footprints, integrating product design and manufacturing aspects for reducing time-to-market.
  • The Advanced Manufacturing and Automation (AMA) Cluster covers technologies that enable clean, lean and flexible manufacturing and industrial automation.

Coventry University to Create Digital Building of the Future with Schneider Electric and Planon

Retrieved on: 
Wednesday, August 4, 2021

Coventry University selected Schneider Electric and Planon to help set and meet its specific requirements.

Key Points: 
  • Coventry University selected Schneider Electric and Planon to help set and meet its specific requirements.
  • The joint solution is another milestone in the partnership between Planon and Schneider Electric, which began in 2019.
  • By working with Schneider Electric and its smart building operating and analytics technology, we can bring new benefits to Coventry University.
  • "We are delighted to continue our collaboration with Planon and join forces to work on the project at Coventry University," said Kas Mohammed, UK&I Vice President of Digital Energy at Schneider Electric.

Encompass to Manage Parts Supply for Liebherr Home Appliances

Retrieved on: 
Wednesday, August 4, 2021

To streamline access to pricing, availability and ordering of Liebherr parts, Encompass has created a custom ecommerce portal.

Key Points: 
  • To streamline access to pricing, availability and ordering of Liebherr parts, Encompass has created a custom ecommerce portal.
  • Encompass has extensive experience implementing and managing parts supply chain programs for specialty high-end appliance brands like Liebherr, said Encompass Senior Vice President Joe Hurley .
  • Encompass President and CEO Robert Coolidge said forward-thinking manufacturers like Liebherr are increasingly opting to take advantage of external resources for parts supply.
  • Were confident in Encompass ability to maintain a strong, reliable parts supply chain and keep our customers satisfied with the Liebherr brand beyond the initial sale.

Green Builder Media Names Schneider Electric a 2021 Eco-Leader within the Building Industry

Retrieved on: 
Wednesday, August 4, 2021

Schneider Electric, the leader in digital transformation of energy management and automation, has been recognized as a 2021 Eco-Leader by Green Builder Media in their July/August issue .

Key Points: 
  • Schneider Electric, the leader in digital transformation of energy management and automation, has been recognized as a 2021 Eco-Leader by Green Builder Media in their July/August issue .
  • Green Builder recognizes pioneering companies confronting environmental challenges in innovative ways with the Eco-Leader award.
  • As a 2021 Eco-Leader, Schneider Electric join a prestigious list of companies renowned for developing sustainable products and creating manufacturing processes that reduce their environmental footprint, improve peoples lives and enhance profitability.
  • For more information on these grid-to-plug innovations from Schneider Electric, please visit https://www.se.com/us/en/home/offers/connected-home/ .

Desktop Metal Qualifies Titanium for Manufacturing with the Studio System 2

Retrieved on: 
Wednesday, August 4, 2021

With plans to begin shipping Ti64 next month, Desktop Metal will be the first and only company to make the material commercially available for extrusion-based bound metal additive manufacturing technologies.

Key Points: 
  • With plans to begin shipping Ti64 next month, Desktop Metal will be the first and only company to make the material commercially available for extrusion-based bound metal additive manufacturing technologies.
  • 3D printing this new design on the Studio System 2 in Ti64 reduces the part weight by 59 percent.
  • Titanium has been a challenging material for bound metal 3D printing because it is both extremely reactive in powder form and difficult to sinter, said Jonah Myerberg, co-founder and CTO of Desktop Metal.
  • The Studio System 2 is an office-friendly metal additive manufacturing system that leverages Desktop Metals proprietary Bound Metal Deposition (BMD) technology to produce parts.

World Leader In Industrial Tumble Mixing and Vacuum Drying to Exhibit at the 2021 Powder & Bulk Solids Event

Retrieved on: 
Wednesday, August 4, 2021

GEMCO will be displaying an acrylic test tumble mixer in Booth #1738 at The Powder Show.

Key Points: 
  • GEMCO will be displaying an acrylic test tumble mixer in Booth #1738 at The Powder Show.
  • With over 100 years of expertise, GEMCO has been providing best-in-class tumble mixing and drying solutions since 1916.
  • Throughout the pandemic, GEMCO has continued manufacturing, researching, and developing world class mixers and dryers for our partners and clients.
  • If interested in meeting with GEMCO before, during or after The International Powder & Bulk Solids Conference & Exhibition, please contact GEMCO directly at 800.654.3626 or [email protected] .

RAPID + TCT 2021: North America's Largest Additive Manufacturing Event Returns To Chicago For 30th Installment

Retrieved on: 
Wednesday, August 4, 2021

CHICAGO, Aug. 4, 2021 /PRNewswire/ --September 13-15 marks the reconvening of the additive manufacturing (AM) industry's most innovative and influential community, as RAPID + TCT returns to McCormick Place in Chicago.

Key Points: 
  • CHICAGO, Aug. 4, 2021 /PRNewswire/ --September 13-15 marks the reconvening of the additive manufacturing (AM) industry's most innovative and influential community, as RAPID + TCT returns to McCormick Place in Chicago.
  • The event, produced by SME and the Rapid News Group, is North America's largest and most influential AM event.
  • RAPID + TCT offers a massive collection of 3D-printing technologies, knowledge and insights from the industry's leading innovators, and the strongest and most-connected community in additive manufacturing.
  • In 2017, the two industry leaders in 3D technology events, SME and The TCT Group, partnered to produce the annual RAPID + TCT event.

3D Printing Metal Market Size to Reach USD 5,739.0 Million in 2027 | Increasing Application of 3D Printing Owing to Low Waste and Cost-Effective Manufacturing Processes is One of the Key Factors Driving Industry Demand, says Emergen Research

Retrieved on: 
Wednesday, August 4, 2021

Metal 3D printing enables direct manufacturing of complex end-use components, facilitates manufacturing tooling, and reduces expenditure and lead times.

Key Points: 
  • Metal 3D printing enables direct manufacturing of complex end-use components, facilitates manufacturing tooling, and reduces expenditure and lead times.
  • The technology is an efficient combination of design flexibility offered by 3D printing and robust mechanical properties of metals.
  • 3D printing metal can boost the production of parts with a drastic reduction in costs and efforts as compared to conventional manufacturing processes, even during low- to mid-volume production runs.
  • For the purpose of this report, Emergen Research has segmented the global 3D printing metal market on the basis of form, metal type, technology, industry vertical, and region: