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Global study reveals critical workforce issues, rising technology budgets, and evolving strategic priorities for CPG manufacturers SINGAPORE, July 11, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced the results of the 9th annual "State of Smart Manufacturing Report: CPG Edition." The global study encompasses the responses of 158 leaders from CPG manufacturers, inclusive of home and personal care, as well as food and beverage manufacturers, across 17 of the leading manufacturing countries. This year's report highlights the evolution of the CPG industry, specifically about utilizing emerging technologies to maximize workforce potential, improve forward planning and minimize risk. CPG leaders acknowledge that neglecting to adapt to the industry's transformation can stifle growth and competitiveness, especially considering that the manufacturing sector could see up to 2.1 million unfilled jobs by 2030 if current workforce challenges are not addressed. Key global findings include: Workforce issues, inflation and the energy crisis are the top external obstacles for CPG manufacturers in 2024. 86% of CPG manufacturers are using or evaluating smart manufacturing technology in 2024. Technology investments increased 26% year-over-year, from 21% to 27% of the operating budget. Blockchain technology is listed as one of the top 10 investment areas for CPG manufacturers in 2024, ranking second overall. Training current employees on new processes is the top workforce-related obstacle for CPG manufacturers in 2024. Product quality is the factor that matters most to CPG manufacturers' ESG programs. "As CPG manufacturing leaders navigate a complex and evolving landscape, they are realizing that the ability to support their workforce will be a critical factor for success," said Steve Deitzer, vice president, Global Industry – CPG, at Rockwell Automation. "This year's report underscores the need for CPG manufacturers to prioritize workforce development, as ensuring employees are well-trained and equipped to leverage emerging technologies will be essential in overcoming industry challenges and achieving sustainable growth." CPG manufacturers are prioritizing technologies, including smart manufacturing and automation, that enhance and augment the value of their employees to attract, engage and retain their workforce. "With our extensive industry knowledge and a broad range of industry solutions, Rockwell is uniquely positioned to be a trusted advisor for CPG companies globally," said Deitzer. "No matter where companies stand in their digital transformation and smart manufacturing efforts, we meet them where they are so they can achieve sustainable growth." The full findings of the report can be found here. Methodology This report is based on the responses of 158 managers and executives from CPG manufacturers in 17 countries. It's part of the 9th annual State of Smart Manufacturing report, which surveyed 1,567 manufacturing leaders across multiple industries and was conducted in association with Sapio Research and Rockwell Automation. About Rockwell Automation Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 29,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.
GOTHENBURG, Sweden, July 10, 2024 /PRNewswire/ -- SKF and voestalpine Wire Technology, a subsidiary of the leading steel and technology group voestalpine, have successfully produced the first prototype bearing made from steel that contains hydrogen direct reduced iron (H-DRI). This represents a breakthrough in the efforts to decarbonize bearing production as H-DRI is a low emission alternative to conventional iron ore-based steelmaking and one of the important methods to make steel sustainable in the future. SKF and voestalpine have been working together since 2022 to explore the possibilities of using H-DRI steel for bearing applications. By using H-DRI steel, SKF and voestalpine Wire Technology aim to meet the demand for green steel and thereby contribute to the global efforts to combat climate change. The Spherical roller bearing prototype was handed over to voestalpine Wire Technology at SKF's factory in Steyr, Austria. Spherical roller bearings can be used in many different applications and industries, such as marine, pulp and paper production, mining and construction. "Steel is a critical raw material in bearings, and to achieve the change and speed needed in decarbonizing bearing production, the whole industry must come together. Our collaboration with voestalpine is a tangible example of how we are working together and transforming ideas into actions towards a more circular industrial development. This technology is fundamental for the steel industry to be able to decarbonize with confidence," says Annika Ölme, CTO and Senior Vice President, Technology Development, at SKF. For voestalpine Wire Technology the partnership with SKF marks a milestone in the development of eco-friendly steel production technologies. By successfully integrating green steel solutions into the bearing production process, voestalpine Wire Technology is demonstrating its commitment to reducing CO2 emissions. This innovation, developed in collaboration with SKF, represents a significant step forward in the company's efforts to make the steel industry more sustainable. SKF is also increasing its use of steel production processes with low CO2 emissions (such as scrap based Electric Arc Furnace production) from its suppliers. In 2021, SKF became a member of the SteelZero and the ResponsibleSteel initiatives, joining other like-minded businesses in showing a clear commitment to decarbonizing the steel industry by 2050 and advocating for the changes needed to make that happen. Aktiebolaget SKF (publ) For further information, please contact:PRESS: Carl Bjernstam, Head of Media Relationstel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com INVESTOR RELATIONS: Sophie Arnius, Head of Investor Relationstel: 46 31-337 8072; mobile: 46 705-908 072; sophie.arnius@skf.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/skf/r/skf-and-voestalpine-reach-milestone-to-decarbonize-bearing-production,c4013367 The following files are available for download: https://mb.cision.com/Main/637/4013367/2909591.pdf 20240710 SKF and voestalpine reach milestone to decarbonize bearing production https://news.cision.com/skf/i/img-3480,c3318698 IMG 3480 https://news.cision.com/skf/i/skf-annika-olme,c3318697 SKF Annika Ölme
ADELAIDE, Australia, July 9, 2024 /PRNewswire/ -- Fleet Space Technologies, Australia's leading space exploration company, today announced the deployment of its end-to-end mineral exploration solution, ExoSphere, to advance Barrick Gold's copper exploration at its Reko Diq project in Pakistan. Powered by the latest advances in space technology, AI, and 3D multiphysics, ExoSphere is being used to generate 3D subsurface maps of local groundwater systems and copper porphyry complexes for multiple zones of interest, comprising over 1,150 km2 of the Reko Diq project. Image Credit: Barrick Gold "Barrick Gold and Fleet Space are united in our use of cutting-edge technologies to enhance mineral discovery and unlock sustainability benefits across the exploration journey," said Flavia Tata Nardini, Co-Founder & CEO of Fleet Space Technologies. "By applying the latest innovations in space, AI, and 3D multiphysics to copper exploration, we demonstrate a more sustainable, scalable path to achieve the copper supply needed for our clean energy future, in alignment with the United Nations' Sustainable Development Goals (SDGs). We are proud to deploy ExoSphere to advance Barrick Gold's ESG objectives and support the development of a world-class operation at Reko Diq." Reko Diq is a strategic part of Barrick Gold's copper portfolio and represents one of the largest undeveloped copper-gold projects in the world. The area is one of several volcanic centers in the Chagai mountain range and part of the Tethyan Magmatic Arc which is known to contain significant copper-gold ore deposits of various grades. With plans to begin production in 2028, Reko Diq is poised to be a major contributor to Pakistan's economy, delivering employment opportunities, investment in development programs, and regional economic growth in the Balochistan province in line with Barrick Gold's sustainability pillars. ExoSphere's end-to-end architecture unlocks new insights and predictive capabilities to enhance outcomes and streamline operations at every stage of the exploration process. Leveraging Fleet Space's satellite network in low Earth orbit, smart seismic sensors enabled with edge computing, and rapid data processing - ExoSphere delivers real-time 3D mapping of mineral systems and AI-powered drill targeting with near-zero environmental impact. This process enables a faster and more efficient end-to-end data journey, making exploration activities more dynamic and precise by giving remote onsite teams access to actionable insights in real-time. By radically simplifying data acquisition, processing, integration, and insight delivery with space technology and AI, ExoSphere enhances the quality and speed of decision making, while also reducing the environmental footprint of a project. The sustainability benefits and innovative capabilities of ExoSphere were recently recognised at Banksia Foundation's 35th National Sustainability Awards, winning the Climate Technology Impact Award for 2024. ExoSphere's rapid global adoption has propelled Fleet Space's exponential growth over the past year, including a A$50 million Series C funding round, a doubling of its valuation to A$350 million, plans to send a variant of ExoSphere to the Moon in 2026, and recognition as Australia's fastest growing company. About Fleet Space TechnologiesFleet Space Technologies, Australia's leading space company, is revolutionising humanity's search for critical minerals, space exploration, and defence with its satellite-enabled solutions and AI-powered, end-to-end mineral exploration technology, ExoSphere by Fleet®. Headquartered at the national centre of Australia's space industry in Adelaide, Fleet Space has expanded its global footprint to the US, Canada, Chile, and Luxembourg with over 120+ employees worldwide. In 2023, Fleet Space was named Australia's fastest growing company by the Australian Financial Review. ExoSphere: Fleet Space's end-to-end mineral exploration solution powered by space and AI. Photo - https://mma.prnasia.com/media2/2456297/Fleet_Space.jpg?p=medium600 Photo - https://mma.prnasia.com/media2/2456298/ExoSphere.jpg?p=medium600
GOTHENBURG, Sweden, July 8, 2024 /PRNewswire/ -- SKF will publish its Half-year results for 2024 on 18 July at approximately 07:00 (CEST). Investors, analysts, and media are invited to join a webcast, which will be held in English, at 08:00 (CEST). To join the webcast, please login at least 10 minutes before the start using the below link or phone numbers. Link to web event: https://www.investis-live.com/skf/66588e187e7bb30d00b5800f/haewt Sweden +46 8 5051 0031 UK / International +44 20 7107 0613 Passcode: 43658997 All information regarding the results will be made available on the Group's IR website: https://investors.skf.com/en/quarterly-reports Media: To book interviews with Rickard Gustafson, President and CEO, or Niclas Rosenlew, CFO, please contact Carl Bjernstam on carl.bjernstam@skf.com. Aktiebolaget SKF(publ) For further information, please contact:PRESS: Carl Bjernstam, Head of Media Relationstel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com INVESTOR RELATIONS: Sophie Arnius, Head of Investor Relationstel: 46 31-337 8072; mobile: 46 705-908 072; sophie.arnius@skf.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/skf/r/skf-half-year-report-to-be-published-on-18-july,c4012281 The following files are available for download: https://mb.cision.com/Main/637/4012281/2905291.pdf 20240708 SKF Half-year results to be published on 18 July
HANOI, Vietnam, July 8, 2024 /PRNewswire/ -- LUMIÈRE Evergreen, a prestigious residential project developed by Masterise Homes, has selected Otis Vietnam for new elevator equipment and servicing. Otis (NYSE: OTIS), is the world's leading elevator and escalator manufacturing, installation and service company. LUMIÈRE Evergreen, a prestigious residential project developed by Masterise Homes, has selected Otis Vietnam for new elevator equipment and servicing. Otis will complete the installation of 4 SkyRise® and 24 Arise™ elevators by October 2025. The company will then service the elevators for the 40-storey high-rise apartment, located in Hanoi's western city center, through June, 2028. "Vietnam's urban landscape is rapidly evolving with the rise of tall buildings in its cities and the growing need for advanced construction and smart engineering solutions," said Manivannan, K., Managing Director of Otis Vietnam and Malaysia. "Otis is proud to collaborate with Masterise Homes, a pioneer in the development of luxury real estate in the Vietnamese market, to enhance vertical transportation efficiency and facilitate seamless connectivity for its residents." The SkyRise elevator is Otis' most advanced high-rise system, integrating industry-leading technologies with space-saving design. Its controller employs adaptive motion profiling to adjust the acceleration rate in order to reduce energy consumption, while a patented control algorithm ensures a smooth ride. Designed to maximise energy efficiency, Otis' Arise elevator system is optimized with our patented ReGen™ drive, which recycles energy for other building systems. In recent years, Otis has also provided elevators to two other residential developments developed by Masterise Homes in Hanoi – the Ocean Park and Smart City high-end residential projects. To learn more about Otis products and services, visit www.otis.com. About Otis Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram and Facebook @OtisElevatorCo.
BANGKOK, July 5, 2024 /PRNewswire/ -- AIKO, a global-leading new energy technology company, unveiled its full range of high-efficiency n-type ABC(All Back Contact) modules at 2024 ASEAN Sustainable Energy Week (ASEW) held in Bangkok. Among them, the upgraded ABC modules 'INFINITE' with a remarkable deliverable efficiency of 25.2%, attracted significant attention from a global audience and industry experts. AIKO's exhibit included several series of ABC modules for different market needs: ABC 'Neostar' Series: The 'Neostar' module series aiming at the residential scenario, feature a power rating range of 485-700W, very high efficiency of up to 25% and upgraded roof-safety. ABC 'Comet' Series: The 'Comet' modules series for the C&I scenario comes at power ratings from 650-680W and very high module efficiencies of up to 25.2%, promising optimal rooftop space utilization with fast payback and high lifecycle benefits. ABC 'Stellar' Series: The 'Stellar' module series for the utility scenario is a large format (2382×1134) bifacial product. With a power rating of 660W, very high efficiencies up to 24.4%, and a bifacial rate of 70%, the 'Stellar' offers outstanding overall power generation performance. This product is designed to optimize LCOE for different landscapes, including ground-mounted power plants and floating power stations. ABC 'Nebular' Series: The 'Neostar' module series feature a power rating of 460W, a low weight of 8.6kg, easy-installation, and high reliability, ideal for roofs with low load-bearing capacity. "Our new ABC 'INFINITE' module represents a significant leap forward in photovoltaic technology," said Alex Hang, AIKO Asia Pacific President. "We are excited to bring this innovation to the Southeast Asian market, where it will deliver unprecedented efficiency and reliability." AIKO is a leader in n-type BC mass production technology, offering ABC modules known for their conversion efficiency and quality. For 16 consecutive months, AIKO's ABC modules have led the TaiyangNews global commercial module production efficiency rankings, delivering over 24%+ efficiency. The new generation of ABC modules, with 'INFINITE' technology, achieves a deliverable efficiency of over 25%, setting a new industry standard. AIKO's ABC modules feature optimized power output under shading, high-temperature suppression, better temperature coefficient of -0.26%/℃, and less performance of degradation(≤ 1% in 1st year degradation, ≤ 0.35% annual degradation from year 2-30), ensuring stable power output and reliability. These advantages provide financial benefits for customers. For example, commercial and industrial clients using ABC INFINITE 680W modules can see a 10.4% increase in installation capacity, a 10.6% rise in EPC profits, a 2.1% boost in IRR for owners, and a 5.87 million kWh increase in power generation over 25 years. At AIKO's booth, an interactive demonstration showed the performance of ABC modules under partial shading, maintaining a 30%+ power output gain compared to Topcon modules. This addresses the issue of power loss due to shading from objects like trees and chimneys, offering a practical solution for the industry. With its ample solar resources and supportive government policies, Thailand is a key market in Southeast Asia. AIKO plans to work with local distributors to bring advanced, high-efficiency ABC products to the Thai market, aiming to provide higher returns for local customers and support the growth of the global photovoltaic market. About AIKO AIKO is a leading global clean energy technology company that manufactures photovoltaic products and all-in-one solutions for various scenarios, including solar cells, ABC (All Back Contact) modules, inverters, battery storage, and energy management systems. AIKO's mission is to empower global energy transition towards a carbon-free society, and the company is committed to pursuing ultimate technological innovation to speed up the process to reach carbon neutrality. https://aikosolar.com/
A12 藝術空間
Mining/Metals
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