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Disruptive Innovation
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Lineage Logistics ranks third on CNBC's 2022 Disruptor 50 list, surpassing its 2021 rank at 17th; company has 22 automated plants worldwide, has reduced its energy intensity by 33% since 2015 and recently expanded into D2C fulfillment through acquisitions
Lineage Logistics Holdings LLC (05/19)
Executive Perspective: Reinventing paper supply chains, physical sourcing of pulp material stands to reshape paper industry, significantly reduce its environmental impact, Mohawk execs say; Mohawk Renewal paper line made from hemp fiber, cotton waste
Barron's (05/19)
CloudTrucks wins spot on the 2022 CNBC Disruptor 50 list, which recognizes private, venture-backed companies at the forefront of economic, consumer transformations; carrier offers products for instant payments, smart load scheduling and competitive rates
Business Wire (05/17)
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Smart Manufacturing/Smart Factory
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Bowery Farming opens its 'largest, most technologically advanced and sustainable commercial smart farm' in Bethlehem, Pennsylvania; the facility 'lays the groundwork for the next chapter in climate-smart agriculture,' company says
PR Newswire (05/26)
SecureAmerica Institute partners at The University of Texas at Dallas are building a trusted execution environment to thwart bad actors, enable end-to-end data protection in smart manufacturing; project focuses on protecting data generated by IIoT devices
Targeted News Service (05/23)
Manufacturers are shifting to making sustainability the goal of process improvements for equipment; manufacturers are using sensors and tools to increase flow of data, and technology is being used to build leaner and modular predictive processes: report
Canada Newswire (05/23)
China-based aseptic packaging producer Lamipak will expand capacity in Indonesia up to 18 billion packs in two phases, with an investment of US$200M by 2024; factory will include Industry 4.0 machinery as well as solar panels for energy efficiency
Antara (Indonesian National News Agency) (05/23)
Hyundai invests US$5.5B in new EV and battery intelligent manufacturing facility in Bryan County, Georgia, with annual capacity of 300,000 units; commercial production to start in 2025 and create about 8,100 new jobs
Hyundai Motor Co. (05/23)
Newbury Franklin Industrials acquires Indiana-based Metro Plastics Technologies, a custom plastic injection molding company that has integrated IoT into its smart manufacturing operations; Metro provides design, engineering, prototype development, more
Business Wire (05/23)
Metsa Board taps AFRY to deliver Industry 4.0 digital system platform to its Husum integrated board and pulp mill in Sweden; data information hub will have integration with logistics systems that control production flow, direct assigned logistics devices
AF Poyry AB (AFRY) (05/20)
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Bioeconomy
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Arkema releases annual report with new signature, 'Innovative Materials for a Sustainable World'; strategy emphasizes development of more sustainable paints and coatings, biosourced polymers and recycling, more efficient adhesives and more
Arkema Inc. (05/20)
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New Market/Market Expansion
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Fresno, California-based 3PL company CargoBarn triples Atlanta footprint to 1,000 employees with new 24,000-sq-ft headquarters, which houses 200 workers; company's proprietary tech uses AI, algorithms to provide pricing, tracking and sourcing
Indian Retail News (05/24)
Philip Morris International releases 2021 Integrated Report, highlighting long-term strategy to become a lifestyle, wellness and healthcare company; company aims to become provider of effective alternatives to smoking for adults who do not quit
Business Wire (05/18)
Cannabis Sativa to merge with MJ Harvest, which operates extraction and consumable products manufacturing in Colorado with plans to expand to California; merger supports Cannabis Sativa's shift from telehealth to a vertically integrated cannabis business
Accesswire (05/17)
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Transformation - Market
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SCG Chemicals expects chemical business to benefit from trends worldwide and in Asia, such as urbanization, transition to electric automobiles, clean energy; company to focus on high value-added products and services, green innovation including polymers
SCG Chemicals Co. Ltd. (05/24)
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Transformation - Company
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Lotte Chemical plans to invest a total about US$7.85B, by 2030 to boost its hydrogen and battery businesses; announcement joins company's green energy transition and financial targets that highlight hydrogen energy, battery materials, plastic recycling
Korea News Gazette (05/20)
Phillips 66 announces 50.4% of shareholders support an examination of how the company could shift plastic production from virgin to recycled polymers; shareholders have requested report assessing financial risks of a transition
Phillips 66 Co. (05/18)
London-based Jiffy to cease rapid grocery delivery service to become dedicated ‘Quick-Commerce as a Service’ company; Jiffy launched QCaaS in January, enabling brands, retailers to offer sub-15 minute delivery of their products via their own D2C site
Grocer (05/17)
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Digital
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Artificial Intelligence/ Machine Learning/ Robotics
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Irish biotechnology firm Nuritas building North American headquarters in Connecticut near Yale University in New Haven and is creating new partnerships with AdvanceCT, Yale Ventures; company uses AI, genomics platform to analyze untapped plant peptides
Nutra Ingredients (05/27)
New beauty discovery app Glamai is designed to help beauty influencers find new products based on personalized recommendations; platform aims to help content creators describe products' relevance and alternatives for people with different skin conditions
PR Web (05/26)
Gideon introduces Casey, an autonomous case picking and process optimization solution; Casey pairs AI and vision-based autonomous mobile robots with optimization software, eliminates product and equipment damage costs and reduces labor costs by up to 40%
PR Newswire (05/26)
Nokia, Mobile Industrial Robots to showcase real-time robot fleet management using private 5G wireless at LogiMat show; MiR will leverage Nokia Digital Automation Cloud solution, and its robots will be connected via Nokia Industrial dongles with SIM cards
Nokia Corp. (05/26)
House Labor Committee chairman requests assessment of surveillance tools, algorithm-based performance tracking systems, robotics at retailer-operated warehouses, fulfillment centers, delivery systems to find if such tools are linked to worker injuries
Targeted News Service (05/26)
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Augmented/Virtual Reality/Visualization
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Executive Perspective: PepsiCo is taking a trial-and-error approach to metaverse campaigns due to the platform's quickly evolving nature, knowing its presence is key, says Todd Kaplan, chief marketing officer for Pepsi
Adweek LLC (05/27)
Estee Lauder faces class action lawsuit over failure to disclose collection of consumer biometric facial scans from Virtual Try-One tools in Illinois, reports ClassAction.org; privacy policy doesn’t have disclosure for obtaining sensitive biometric data
Global Cosmetics News (05/26)
Metaverse living among emerging beauty industry themes identified at Cosmoprof; L'Oreal director says understanding consumer interest is vital, Coty and Estee Lauder representatives agree metaverse's creativity, community are interesting angles for beauty
CosmeticsDesign-Europe.com (05/20)
Perfect Corp. launches Top Gun: Maverick interactive AR movie experience in its YouCam Makeup app and photo editing app YouCam Perfect; features are powered by Perfect Corp.’s AI virtual eyewear try-on technology
Business Wire (05/19)
Pizza Hut announces entry into the metaverse at the third annual ComplexLand, a free, virtual, curated shopping experience that looks to convert attendees to shoppers via new first-person exploration
QSR Magazine (05/19)
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Digitalization
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Sealed Air to participate in upcoming KeyBanc Industrials and Basic Materials Conference on June 1; company's executive team will discuss growth strategy focused on automation, digital and sustainability
Sealed Air Corp. (05/27)
TIM and Confitarma - Italian Confederation of Shipowners sign agreement to promote adoption of digital technologies for maritime transport; collaboration includes development, implementation of IoT, cloud and 5G tech as well as cyber and crypto solutions
Contify Telecom News (05/26)
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Blockchain/ Distributed Ledger
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Nestle partners with Nozama-Plasticks to track its Dolce Gusto coffee capsules via blockchain when the consumer takes them to a recycling point in Spain; consumers must download the NDG Recycling app, will be rewarded with prizes and discounts
CE Noticias Financieras (05/24)
Italy's Datatex Group to present its fiber, textile blockchain platform Now 4.0 Textile ERP at Techtextil in Frankfurt, Germany, on June 21-24; software tracks, verifies authenticity across entire supply chain from raw materials, fibers to finished items
Industry Intelligence Inc. (05/23)
US Cotton Trust, a cotton farming sustainability program, joins India's blockchain-based supply chain platform TextileGenesis to offer full sourcing transparency to US brands, retailers; platform to record, verify movement of US cotton fiber using tokens
US Cotton Trust Protocol (05/23)
Packman Packaging founder discusses blockchain, estimates three impact areas for packaging--tracking and tracing, facilitating consumer awareness, safeguarding brands from counterfeits; blockchain technology ‘poised to have a rapid adoption rate’
Print Week (05/19)
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Cryptocurrency
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JPMorgan says bitcoin is undervalued by 28%, and bank has replaced real estate with digital/crypto assets as its preferred alternative asset, along with hedge funds; alternative assets typically refer to investments that aren't stocks, bonds or cash
Forbes Inc. (05/25)
Verra, which operates Verified Carbon Standard Program, prohibits creating of instruments or tokens based on retired credits; it will explore 'immobilizing' credits in Verra Registry accounts so they can be tokenized with transparency, traceability
Verra (05/25)
GameStop debuts wallet for cryptocurrencies and NFTs, sending stock up as much as 3% to US$98.52/share in early trading; self-custodial wallet will run on Ethereum blockchain, enable transactions on NFT marketplace that company aims to launch in Q2
Business Insider (05/23)
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Cloud Computing
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Xerox is named a leader in Quocirca's Cloud Print Services 2022 Landscape Report due to its cloud-first development path, strategic vision, depth of service offerings; company commended for its end-to-end security, MPS Advanced Analytics dashboard
WhatTheyThink (05/26)
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Data Management/Analytics/Privacy
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Voice phishing cases up almost 550% over last 12 months; social media impersonations of brands and executives are on the rise, and credential theft email scams continue to be most common email threat type reported by employees: report
PR.com (05/26)
WWF-Canada's Nature x Carbon Tech Challenge finalists include technologies for assessing carbon distribution in nature, forest carbon monitoring and reporting, forest biomass measurement, estimating tree height and above ground biomass
Globe Newswire (05/17)
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Manufacturing
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Efficiency
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Multivac receives US patent for self-controlling packaging machine; invention produces 'high quality' products in reduced clock cycles times, can be easily operated, is thermoform packaging machine, tray sealer, or belted chamber machine: USPTO 11,319,100
Engineering Business Daily (05/24)
Study on feasibility of replacing single-use paper boxes with reusable semi-rigid totes and rigid plastic boxes in the grocery business reveals effectiveness in improving sustainability and implications for efficiency in omni-channel retail networks
Supply Chain Management Review (05/24)
Trutzschler to showcase its sustainable technologies for nonwovens, synthetic fibers, textiles at ITM trade fair in Istanbul on June 14-18; company's solutions include TC 19i recycling card, 'efficient' cotton nonwovens lines made with lyocell, viscose
Trutzschler GMBH & Co. KG (05/23)
3M and Ontario-based Innovative Automation launch co-branded RoboTape System; system can be integrated onto other robots, and is optimized for variety of 3M VHB Tapes, capable of zero-downtime spool changes, adjustable for foam, felt, attachment tapes
PR Newswire (05/19)
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Manufacturing/Production
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Hyundai to increase investment in US to more than US$10B by 2025 to develop mobility solutions including robotics, autonomous driving, AI, advanced air mobility; company investing US$5.54B in new EV and battery facilities in Georgia
Kia Motors Corp. (05/25)
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Supply Chain Management
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Logistics/Transportation Management
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Parade and 3G partner to offer freight brokers intelligent capacity management on 3G's TMS, including capabilities to automatically qualify carriers, post to load boards and match loads to capacity; Parade users have seen booking increases of up to 30%
GlobeNewswire (05/23)
Einride introduces designs for the electric Einride Trailer, which provides AI-based insights for cargo, such as fill rates and monitoring; company also to add new features to Einride Saga, such as finding electrification and automation opportunities
Business Wire (05/20)
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Sustainability/Social Responsibility
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Environmental/Ecological/Carbon Footprint
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CEOs place environmental sustainability in top 10 business priorities and view workforce issues, such as talent retention, as significantly higher priority than financial issues; AI remains most impactful technology, metaverse is one of the least: Gartner
Gartner Inc. (05/18)
Messe Frankfurt to host Cinte Techtextil China in Shanghai on Sept. 6-8; event to focus on nonwovens growth opportunities, especially in hygiene and pandemic prevention segments, as well as greener, smarter production processes for fibers, yarns
Cinte Techtextil (05/17)
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Circular Economy/ Green Economy
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Germany's Cirplus--an AI-enabled plastic recyclates marketplace--enters UK market; Cirplus allows customers to specify procurement needs, built inventory of over 1.3 million tons of plastics meeting EU circular standard, has onboarded over 1,200 companies
EIN Presswire (05/25)
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Transformation & Innovation
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