New Zealand sees rise in manufacturing sales, boosted by equipment and machinery
The nation also noted a 0.6% growth in the value of...
In the first quarter of 2018, New Zealand saw its sales volumes rise by a seasonally adjusted 1.4%.
The nation also noted a 0.6% growth in the value of its sales during the review period, according to Statistic New Zealand.
Of the country’s 13 manufacturing sectors, nine (69%) saw a rise in sales in the three months ending March.
The sector with the largest growth was transport equipment and machinery manufacturing, with sales volumes growing by 6%.
“The rise in transport equipment and machinery manufacturing follows a fall in the previous December quarter,” remarked Manufacturing Statistics Manager at Statistic New Zealand, Sue Chapman.
“The latest rise is the largest since March 2011, and the fourth-largest rise since the series began.”
The meat and dairy manufacturing industry saw volumes increase by 2.2%, up from the 2.4% drop in the final quarter of last year.
However, despite the rise in volumes, sales value in the sector fell by 4.7% during the review period.
The volume of dairy exported dropped by 0.6% whilst meat exports fell by 8.8%. The volume of total finished goods rose by 3.7%
Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing
Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing
What is Ultium Cells LLC?
Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”
Who is Li-Cycle?
Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.
As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”
Why are Ultium Cells LLC and Li-Cycle join forces?
By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.
“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).
"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.
"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.
Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.
"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.