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Market ReportsNewsrss1

Eurozone economic recovery fades further in July with weak manufacturing report

The eurozone manufacturing sector was again a key source of weakness. Production was down markedly in July, and to the largest extent in the year-to-date. As such, a rise in services activity stopped the overall private sector from falling into contraction. That said, the expansion in the service sector was only modest and the weakest since March. The two largest euro area economies continued to underperform the wider region. Output in Germany decreased for the first time in four months, while France posted a third consecutive monthly reduction in business activity. This performance contrasted with continued growth across the rest of the euro area, albeit the latest increase in output was the least marked since January.

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Semperit finalizes sale of the remaining medical glove business

Semperit has completed the sale of the medical business and transferred the remaining production and packaging of surgical gloves to the buyer of the entire medical business, the Southeast Asian Harps Global, as agreed. Combined under the discontinued operations “Surgical Operations”, these activities were most recently carried out as contract manufacturing for Harps Global.

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Ecore International cited for 16 violations at Mexia plant, faces $299K in penalties

An inspection of Ecore International Inc’s Mexia plant by the department’s Occupational Safety and Health Administration in January 2024 found more than a dozen safety and health violations. Investigators discovered the company made employees stand on a forklift’s elevated tines to reach work areas; failed to prevent small fires fueled by improper buildup of combustible dust and permitted potentially explosive atmospheres to exist; lacked safe areas for welding; exposed employees to slip, trip and fall hazards; allowed untrained workers to operate forklifts; and failed to ensure machines had required safety guards.

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Machinery & EquipmentNewsrss1

SUNY researchers claim super-lubricity achieved with near zero friction

The president of SUNY Polytechnic Institute (SUNY Poly), Dr. Winston “Wole” Soboyejo, and postdoctoral researcher, Dr. Tabiri Kwayie Asumadu, have published a revolutionary new paper titled, “Robust Macroscale Superlubricity on Carbon-Coated Metallic Surfaces.” This paper explores an innovative approach to reducing friction on metallic surfaces – a significant advancement that could have major real-world impacts.
These findings are significant for a number of practical reasons. In the automotive industry, more than 30 percent of fuel in passenger vehicles is used to overcome friction, so these novel coatings can help to drastically improve fuel efficiency. In manufacturing and industrial machinery, they could help to reduce wear and tear, leading to massive cost savings and decreasing the 1-4% of countries’ GDP that is spent on friction-related equipment issues. In electronic devices, friction at a minute scale can present large-scale challenges that coatings could help to alleviate.

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Jaguar Land Rover and Pirelli partner in FSC-Certified tires across full range of luxury vehicles

Jaguar Land Rover has joined forces with global tire manufacturer Pirelli in a global automotive industry‑first commitment to use FSC‑certified natural rubber tires across its range of modern luxury vehicles.

The luxury car manufacturer will be the first to adopt FSC‑certified tires at scale, transitioning all tires from Pirelli across its entire portfolio, debuting on the new Range Rover Electric. The commitment will amount to over 250,000 FSC‑certified tires per year.

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