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Tool identification increases production efficiency
Simple to retrofit: Easy Tool-ID from Balluff is an economical entry level solution for tool management. T ool identification using Balluff Industrial RFID increases production efficiency, as it makes incorrect tool allocation or missing tools a thing of the past.Read more
Metal 3D Printing is being increasingly adopted by the industry
Vikas Khanvelkar, M.D, DesignTech Systems Ltd, showcases an interesting perspective on the Indian machine tool industry.Read more
LANXESS increases dividend after successful fiscal year
LANXESS started 2017 with a very good first quarter. Global sales of the specialty chemicals company increased by a substantial 25 per cent to EUR 2.4 billion, up from EUR 1.9 billion a year earlier. EBITDA pre exceptionals also improved by 25 per cent to EUR 328 million, compared with EUR 262 million in the first quarter of 2016. Net income rose by a substantial 47 per cent to EUR 78 million, against EUR 53 million in the year-earlier quarter. Read more
