Energy commodity prices increased by 2,7% in April, while non-energy prices declined by 2,4%.
The internet of things, artificial intelligence, networked production, smart homes – these are the magic words of digital transformation. While the big technology companies are already equipping their products and production with artificial intelligence, some medium-sized companies are not succumbing to its spell -- yet. Scientists report in a new article how they help companies implement Industry 4.0.
Oil prices may rise or fall in the short-term, but they will return to a range of $55 to $65 in the long term because that's the price of oil from fracking shale wells, the Goldman Sachs head of research said in Chicago Wednesday.
Roll-up computer screens and other flexible electronics are getting closer to reality as scientists improve upon a growing number of components that can bend and stretch. One team now reports another development that can contribute to this evolution: a low-cost conductive paper that would be easy to manufacture on a large scale.
All commodity price indexes fell in March, reversing February’s gains.
Energy and raw materials registered the biggest declines, falling 5,9 % and 2,9 % respectively.
Synthetic rubber and plastics -- used for manufacturing tires, toys and myriad other products -- are produced from butadiene, a molecule traditionally made from petroleum or natural gas. But those humanmade materials could get a lot greener soon, thanks to a team of scientists that has invented a process to make butadiene from renewable sources.
Manufacturing is getting smart. Companies are increasingly using sensors and wireless technologies to capture data at all stages of a product's life. These range from material properties and the temperatures and vibrations of equipment to the logistics of supply chains and customer details.