Outlook 2023: Innovating our way into the future

International Metalworking News for Asia asked thought-leaders in the metalworking industry how their technology can give the industry a positive outlook for the future.

High-tech make-up applicators win at CES 2023

L'Oreal's HAPTA handheld computerized makeup applicator and L'Oréal Brow Magic win CES® 2023 Innovation Awards

Metal cutting tools market to reach 4.91% CAGR

The metal cutting tools market size is forecast to increase by US$5753.56 million from 2022 to 2027, at a CAGR of 4.91%, according to the recent market study by Technavio.

TSMC holds volume production, capacity expansion ceremony for 3nm facility

TSMC held a 3nm Volume Production and Capacity Expansion Ceremony at its Fab 18 new construction site in STSP last December 29, 2022.

Oterra names first global sustainability leader

Oterra will drive its sustainability in natural colours production, welcomes Vera Karmebäck to the team as Global Sustainability Lead.

Overcoming inhomogenous strength properties in 3D printing

With the Voxelfill process, AIM3D is breaking new ground that overcomes inhomogeneous strength issues by achieving defined, selective densities in the component.

South Korean make-up market to grow to USD2.5bn

Spurred by innovation, the South Korean make-up market is set to grow at 5.5% CAGR through 2026, says GlobalData

Outlook 2023: Cleaner, sustainable future as top industry priority

The key driver for the plastic industry will remain the question of sustainability, according to Sekaran Murugaiah, Vice President - Business Development, Asia Pacific at Davis-Standard

World's first magnesium extraction process production by Tenova

Tenova, a developer and provider of sustainable solutions for the green transition of the metals industry, was awarded a contract by Latrobe Magnesium Ltd (LMG), a company based in Australia.

Mühlenchemie launches award for research into composite flour

Flour specialist, Mühlenchemie has created the “Composite Flour Science Award” to honour scientific work on the use of wheat flour alternatives

Pet food packaging market to reach US$13.2Bn by 2026

A report by IndustryARC estimates pet food packaging market to post 4.5% CAGR from 2021-2026 to reach US$13.2 billion by 2026

Applied Materials launches Singapore 2030 plan

Company plans to strengthen its manufacturing capacity, R&D, ecosystem partnerships and workforce development in Singapore