Business

IKV has consistently pushed the boundaries of knowledge, fostered interdisciplinary collaboration, and driven progress in the dynamic field of plastics.

The concept of reward recycling has gained traction as a transformative approach to encouraging sustainable practices among consumers. By incentivizing individuals to recycle through tangible rewards, this trend is making significant strides toward enhancing recycling rates and promoting a circular economy.

The materiality of an issue is another way of asking ‘how relevant and important is it?’. This is considered from two perspectives, those of the broader stakeholders (internal and external) and those of the company itself. 

The global market for Intumescent Fire Retardant (IFR) coatings was valued at $1.19 billion in 2023, and according to Grand View Research, a Compound Annual Growth Rate (CAGR) of 5.3% is projected from 2024 to 2030.

Proprietary taggant systems empower plastics security by serving as authentication tools, integrating seamlessly into any resin.

The petrochemical industry, a vital yet often underappreciated player in the global energy landscape, is undergoing transformative changes. This sector is now the fastest-growing demand driver for global energy.

How Artificial Intelligence (AI) can succeed 6% reduction in energy consumption, a 9% decrease in rejects, and a 10% enhancement in systems efficiency. This approach significantly accelerates the timeline from project planning to AI deployment, condensing it from months to a matter of weeks.

Artificial intelligence can revolutionize Injection Molding by extracting insights and improving process indicators. The Lüdenscheid Plastics Institute in Germany is conducting some studies to teach companies to understand how to use AI effectively.

The worldwide market for flame retardants has the potential to grow significantly in the constantly evolving field of fire safety, with projected expansion persisting into the near future.

Optimizing manufacturing processes is paramount. This article delves into an innovative solution implemented at a compounding factory, where Programmable Logic Controller (PLC) tags seamlessly became cloud-based assets within Amazon Web Services (AWS).

The plastics industry is poised for transformative changes in 2024, marked by dynamic trends that underscore a commitment to sustainability, innovation, and digital transformation.

Many sites simply get the energy bill from the supplier and pay this some days later by direct transfer from their bank. The bill is not examined for accuracy or for potential areas to reduce costs and sometimes the production people don’t even see a copy of the bill – even though they are responsible for using most of the energy.