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Asia's export powerhouses face manufacturing slump amidst weak demand

According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more

ACC batteries’ demand to grow at a CAGR of 50%, says CII report

Raw Materials for Battery & Component Manufacturing, a report by CII in collaboration with 6Wresearch reveals that India is experiencing a robust demand of ACC batteries. By 2030, the anticipated demand for advanced chemistry cells to reach 220GWh.Read more

Handling efficiently

In April 2023, manufacturing activity in India grew the fastest in four months of 2023, driven largely by growth in domestic consumption, and limited impact of rising raw material prices. Read more

India: The beacon of growth

India’s exports - estimated at $ 767 billion - for FY 2022-23 recorded a rise of 14.5 per cent over FY22’s $ 669.65 billion.Read more

SAIL-ISP raw material handling plant installs electro-magnetic separator

The steel plant of the Indian Iron & Steel Company (IISCO), a SAIL subsidiary, has installed an electro-magnetic separator at its raw material handling plant (RMHP).Read more

Fastener makers hit by rising raw material prices

Raw materials account for about 60-70% of production cost in fastener industry. Post-Covid the prices of commodities are skyrocketing causing a concern among fastener manufacturers.Read more

Shortage of raw materials hits global adhesives industry

German adhesives manufacturer Jowat SE faces a disruption to the supply of key raw materials and adhesive intermediates caused by outages at several European and American chemical manufacturersRead more

Stainless steel industry seeks to reduce import duty on key raw materials

This move is expected to catalyse Make in India and also will spur the domestic market. Read more

Enable MSMEs to fight competition

The clamour for boycott of Chinese goods in India is growing due to the heightened tension at the Galwan border in Ladakh where 20 Indian soldiers were killed in action on the night of July 15. Read more

PET is a perfect polymer for recycling

PET Packaging Association for Clean Environment (PACE) promotes the benefits of PET packaging and supports efficient recovery & recycling of post consumer bottles for sustainable environment.Read more

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