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Category Archives: Manufacturing

thyssenkrupp-tata

Europe’s No. 2 Steelmaker: Thyssenkrupp and Tata Sign Deal

Thyssenkrupp AG and Tata Steel Ltd. reached a tentative deal to merge their European steel businesses in a bid to create the region’s second-largest producer and tackle overcapacity in the industry. The German and Indian companies have signed a memorandum of understanding for the joint

Chemical

EU chemical industry production to pick up in 2017

The EU chemical industry continues to weather the impact of globalisation as well as competitiveness challenges associated with the cost of doing business in the EU. While demand for chemicals globally is increasing year on year, the EU chemical industry’s share of that continues to

3D printer

3D printer shipments set to grow 108% over 2015

3D printer shipments worldwide are slated to more than double to about 455772 units this year, growing 108% over 2015 according to latest research report. Over the next four years, this number is likely to be at over 6.7 million by 2020. “Once a niche market,

Steel

Steel Tonnage Is Still Falling Globally

Global raw steel production totaled 133.7 million metric tons during July, according to the World Steel Assn., 1.8% less than the June tonnage and 1.36% less than the July 2015 figure. Through seven months of activity for 2016, steelmakers worldwide have produced 929.6 million metric

Manufacturing

Manufacturing Trends to Know in 2016

Manufacturing may be facing some headwinds, but it’s undeniably in the midst of a technological renaissance that is transforming the look, systems, and processes of the modern factory. Despite the risks and despite recent history industrial manufacturing companies cannot afford to ignore these advances. We