Business News

Shanghai – Sealed Air Corporation, a global provider of protective packaging solutions, has opened a production line at its Qingpu manufacturing facility in Shanghai, China for one of its most innovative solutions: Korrvu retention and suspension packaging. At a total investment of more than US$1 million, the line is capable of producing up to several million pieces of Korrvu . This brings the total production lines to nine, making the facility Sealed Air’s largest and most technologically advanced manufacturing plant in Asia. The investment in the new line is part of an expansion which will increase the plant’s capacity by 2018 to serve growing markets in China and the region. Korrvu suspension and retention packaging provides product protection, presentation, versatility, and space savings and is used by global manufacturers including those in the electronics industry. Korrvu is a patented solution for shipping products when presentation and customer experience are key. The unique design uses a low-slip film that positions and secures products to a corrugated backing, which guarantees that customers are presented with a retail experience directly out of the box. While material and storage reduction are key benefits of Korrvu, ease of use and versatility are also notable. The simplicity of the Korrvu design makes it easy for warehouse associates to assemble. Korrvu packaging is used by e-commerce retailers and companies in other industries including electronics. China is already the world’s largest retail e-commerce market, with sales expected to top $460 billion in 2017 and a growth rate of over 15% per year (source: Statista.com). Packaging will play a bigger role than ever in ensuring product integrity from the production floor to the customer’s door. China’s electronics industry is among the top ten fastest growing industries in the country and is set to reach over US$17 billion in 2017 […]

Eastman Chemical Company will introduce a new sustainably sourced engineering bioplastic at Chinaplas (May 16-19; China Import & Export Fair Complex, Pazhou, Guangzhou, PR China). The high-performing solution provides an excellent balance of properties for a wide variety of applications, enabling manufacturers to shape a better tomorrow in a naturally better way. Sourced from sustainably managed forests, this engineering bioplastic represents the culmination of nearly 100 years of Eastman’s innovation in cellulosics. In its development, the company asserted a new perspective by “seeing the trees for the forest.” Attendees at Chinaplas can visit Eastman’s booth to see how the solution came to life through a 3D holographic experience. To learn more, visit Eastman’s booth at Chinaplas (Hall 12.2, Booth M41) or secure an appointment by contacting Ms. Liu Li at +86-21-6120-6338 or by email at liliu@eastman.com. Eastman is a global advanced materials and specialty additives company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive end-markets such as transportation, building and construction and consumables. Eastman focuses on creating consistent, superior value for all stakeholders. 

Consoveyo S.A. (Consoveyo), a global leading expert for automated material handling and storage systems, today officially announces its name change. Formerly known as Efacec Handling Solutions S.A. (EHS), Consoveyo previously belonged to the Efacec Group, the largest Portuguese corporation in the field of electromechanics and electronics, with a strong presence across various international markets. Acquired by the international technology group, Körber AG, Consoveyo has been part of the Group’s Business Area Logistics Systems since September 2015. All subsidiaries under the company in Europe and Asia will now bear its new name. In Southeast Asia, Consoveyo Singapore Pte. Ltd. will continue to provide automated systems support to its customers in the region. Alluding to the Portuguese words, ‘aconselhar’ (for consulting), ‘consenso’ (for consent), and ‘consolidar’ (for strengthening and reinforcing), Consoveyo pays homage to the company’s origins in Porto, Portugal, and underlines the company’s competencies and engineering expertise. Consoveyo is also associated to the word ‘convey’ in English, which describes the act of transporting products, communicating, and advising. The new name aims to bind Consoveyo together with the other brand names within the Business Area Logistics Systems, to achieve better synergy within the Körber Group. With more than 30 years of experience, Consoveyo is a global leader for automated material handling and storage systems. The company will continue to supply its customers in Europe and Asia with automated systems for intralogistics. “The name change symbolizes an important milestone of our integration into the Business Area Logistics Systems and the Körber Group,” Jorge Couto, Chief Sales Officer at Consoveyo, explained. “Being part of this economically strong and successful Group provides Consoveyo with sustainable and comprehensive future growth prospects – both as a business and as an employer. Our staff are excited about the prospects of this new chapter, where we can leverage on […]

Following Six Years in Hong Kong, Organisers Relocate Seventh Edition Vitafoods Asia, the only event dedicated to the nutraceutical, functional food and beverages, and dietary supplement industries in Asia, announces that its next edition now in Asia’s leading food and nutrition hub – Singapore – is expected to be twice as large as before. From 5 – 6 September, the 2017 event will take place in Singapore for the first time in the Sands Expo and Convention Centre at Marina Bay Sands, and will present more of the best innovations that the industry has to offer. New City, New Opportunities The Singapore government’s efforts to grow its integrative research capabilities for food sciences, biomedical sciences, chemistry, and engineering industries in recent years have attracted investments from numerous multi-national corporations and international companies from the food industry to the island nation. The industry’s call to product innovation is keenly felt in Singapore, with top food companies – BASF, CP Kelco, DSM, Fuji, Ingredion, and Nestlé – having chosen to set up their R&D centres and regional offices in the Southeast Asian city. Vitafoods Asia’s strategic move to Singapore further strengthens the event’s appeal, both worldwide and within the Asia Pacific region. As a well-connected global city, Singapore is accessible to 4 billion people within a 7-hour flight radius. The organisers of the event expect to draw in new visitors from more parts of the world with this change in venue, catering to attendees that were unable to participate in previous editions. The industry has responded positively to the move, and the event has attracted the participation of a strong portfolio of major manufacturers and service providers to date, including analyse & realise, AstaReal, Catalent, Gelita, Graminex, Ingredia, KSM, Lesaffre, Sabinsa, Troikaa, and Vidya Herbs. Chris Lee, Managing Director at Informa Exhibitions’ […]

SEMICON Southeast Asia 2017, held at the SPICE arena in Penang on 25-27 April, is Asia’s premier showcase for electronics manufacturing innovation. KUALA LUMPUR – At SEMICON Southeast Asia 2017, Dr. Chen Fusen, CEO of Kulicke & Soffa Pte Ltd, Singapore, will give a keynote on the digital transformation in the manufacturing sector. Chen believes that Smart Manufacturing, or Industry 4.0, is no longer hype, but real and Asia needs to get on board sooner rather than later. SEMICON Southeast Asia (SEA) 2017, held at the SPICE arena in Penang on 25-27 April, is Asia’s premier showcase for electronics manufacturing innovation. “Digital transformation has proven to provide solutions for addressing challenges in the manufacturing industry but there is still the issue of acceptance as well as lack of skills and knowledge that needs to be addressed,” said Chen. “With disruptive technology changing our world, I expect that more companies will see the value of their investments realised as this technology accelerates the creation of more individualised products and services.” Dr. Hai Wang from NXP Semiconductors Singapore Pte Ltd, Singapore agreed that more consumer-related innovations would stem from digital transformation as demand for solutions that provide efficiency and security increases. “At NXP, we look at developing advanced cyber security solutions for the automotive industry, such as tracking and analysing intelligence around connected and automated vehicles, which will help to counter any adverse threats in real time. These innovations are real and will soon mark a shift in the future of automation and manufacturing. It is vital that we embrace the change and adapt accordingly,” he said. Other speakers at SEMICON SEA also feel strongly about the importance of Smart Manufacturing and digital transformation. David Chang of HTC Corporation, Taiwan, sees a dramatic shift in the value of being a “smart” manufacturer […]

Headquartered in Hong Kong, Gammon Construction is one of SE Asia’s leading construction companies, with an annual turnover of US$2.5bn, and is a keen adopter of new technology with a focus on adding value for its customers through innovative and sustainable solutions. With over 8000 employees, the engineering and construction company, like others in the Hong Kong construction industry, has long faced manpower shortages, together with an aging workforce. Consequently, in an effort to lure talented new workers and to reduce the workload of its employees, the company recently invested in two sets of “zero-gravity arms” (Zero G Tool Arms) from Sigma Ergonomics, one of Australia’s leading providers of ergonomic systems to a wide range of industries. Manufactured by US company Ekso Bionics, the innovative mounted exoskeletal system functions without the need for power, allowing workers to comfortably operate heavy tools including impact drills, chipping hammers and grinders for extended periods. With the zero-gravity arms shouldering the weight of the equipment, workers are not affected by the strain and fatigue caused by repetitive tasks such as drilling, tiling, chipping and grinding. The Ekso Bionics Aerial System, to which the Zero G system is mounted, is designed to increase safety and productivity while working from an elevated work platform (EWP). As well as eliminating the risk of dropping heavy tools from heights, the system significantly reduces the risk of injury from heavy tool usage and awkward body position. In a recent direct comparison with an Access Work Platform (AWP) at a height services installation, the Zero G system improved the productivity of the drilling work task by over 50% while reducing worker fatigue and improving safety and efficiency. Thomas Ho, Chief Executive of Gammon Construction, is a passionate supporter of innovation and highlights the Zero G system as one of the […]