Boosting productivity with effective maintenance strategies
By 2025, the global plastics injection moulding industry is expected to reach USD$496 billion. As one of the fastest developing regions, Europe is due to total at USD$122billion in the same timeframe. A burgeoning market means there are strong growth opportunities for businesses afoot, which are only furthered by the dawn of Industry 4.0.
Rapid advances in new technologies are moving us towards the ‘smart factories’ of the future. This is an exciting, but also daunting step for businesses to take. High up-front costs and the requirements of re- or up-skilling staff mean securing a strong return on investment from new high-value equipment is business critical.
To capitalise on market growth opportunities, businesses must adopt a Total Cost of Ownership approach that recognises the importance of long-term cost savings. A key part of this is implementing an effective maintenance regime that helps to combat equipment challenges such as varnish and sludge build up; water in oil; and aeration – all of which can contribute to breakdown and monetary loss.
In this report, Shell Lubricants showcases how high-performance lubrication and maintenance services can help to mitigate risk of breakdown and generate efficiency gains to help businesses thrive in the output-intensive industry of plastics injection moulding.