Introduction Aluminium industry employs more than a million and half workforce across the world, considering both upstream and downstream across the globe, along with the directly related and peripheral industries . More than 60% of this huge workforce is blue collar or people working outside the office. They are the people working in the bauxite […]
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Introduction Aluminium is the second most abundant metal on the earth’s crust. The global consumption of Aluminium in 2023 has been estimated to be around 95.3 MT[i] (Million Tonnes), in line with AL Circle’s report on Global Aluminium Industry Outlook 2023. According to AL Circle’s research, the global size of the Aluminium ecosystem is over […]
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The aluminium industry is one of the most commercially important industries in the world and one of the most flourishing ones, too. The global aluminium demand will increase by almost 40% by 2030, and the aluminium sector will need to produce an additional 33.3 million tonnes to meet demand growth in all industrial sectors – […]
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The aluminium industry is going through a massive transformation as it adopts the principle of Industry 4.0 technologies, also known as the Fourth Revolution. Companies have already implemented this ongoing change, improving the aluminium industry’s efficiency, productivity and sustainability. The Industrial 4.0 technologies in the aluminium industry include interconnectivity, automation and robotics, machine learning, real-time […]
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With worldwide supply chain challenges impacting almost every aspect of our daily lives, the need for manufacturers to focus on driving efficiencies has never been greater. The rapid advancements in Artificial Intelligence (AI) and Internet of Things (IoT) have paved the way for transformative changes across industries. AI and IoT are already revolutionizing the manufacturing […]
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Speira, a major aluminium producer in Europe, announced in March 2023 that it would close down its German facility in Rheinwerk this year due to high energy prices and market uncertainty. The company had already reduced the plant’s capacity by 50% in September 2022 in response to surging power prices. Speira plans to focus exclusively […]
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The Ukraine-Russia geopolitical crisis has resulted in sanctions imposed by Western countries on Russia and has driven various effects on India’s trade. Both imports and exports from Russia have been negatively impacted. Still, specific sectors have greatly benefited from the situation, specifically raw materials that are crucial for Russian industry but have been sanctioned by […]
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Introduction: Industry 4.0 is a broad term used to denote the large-scale digitalization in an industrial environment using new-age technologies related to Automation, Artificial Intelligence & Machine Learning. The aim of integrating Industry 4.0 is to avoid human intervention & improve system efficiency by eliminating the chance of human error, which may occur due to […]
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The current landscape The industrial maintenance landscape is changing rapidly. Equipment is becoming more sophisticated and complex, making Maintenance more challenging. At the same time, there is a growing need for equipment reliability and availability, driving the demand for advanced Machine Health Monitoring Solutions. The industrial maintenance field is on the cusp of a transformative […]
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The Indian EV market The Indian EV market has seen growth only in recent years. India has a projection to reduce carbon emissions by 1 billion tonnes by 2030. India also intends to reduce its oil import dependency. Hence the Indian government believes faster adoption and promotion of EVs will help achieve these goals. India […]
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