Issue link: https://www.e-digitaleditions.com/i/1366075
May 2021 / 13 ISPE, North Bethesda, MD, is a not-for-profit association serving members through scientific, techni- cal, and regulatory advancement in the pharmaceutical industry. MARKETS UPDATE Global coal, lignite, anthracite market to recover short term The global coal, lignite, and anthra- cite market is predicted to reach $1,115.8 billion in 2021 from $1,028.32 billion in 2020, registering a 12 per- cent compound annual growth rate (CAGR). The report Coal, Lignite, and Anthracite Global Market Report 2021: COVID-19 Impact and Recovery to 2030 by Research and Markets notes that the growth is mainly due packaging and labeling; and labora- tory operations. The publication was written and reviewed by a group of experts in the field. The guide cov- ers the equipment life cycle from design to decommissioning. Accord- ing to Michael Berkey, the team lead for the guide and Merck & Co. Inc.'s associate director, "As innovation extends to and transforms the sup- ply chain, equipment life cycle costs and availability become ever more relevant for maintaining a compet- itive advantage. The strategy and tactics of reliability can help com- panies maintain the value of their equipment throughout its useful life and mission, and the application of asset management principles can help companies leverage equipment towards a competitive advantage." of experience in international plant design and was previously the prod- uct manager and sales manager for large-scale plants at an internation- ally active manufacturer of cement plants. The company and CoC develop and implement complex system solutions for the mining, raw materials, and port handling industries. Tigges succeeds Andrea Prevedello, who was appointed CEO of Beumer Group Austria. IFS Coatings begins work on new facility expansion IFS Coatings has broken ground on a new facility located next to its current headquarters and manu- facturing plant in Gainesville, TX. The first phase of the project will be a 40,000-square-foot facility, which is part of the 70,000-square-foot expansion plan and is set to open later this year. The expansion will support the company's increased capacity and new technology for manufacturing thermoplastic pow- ders, functional products, and environmentally responsible pow- der for alternate substrates. The new building will include space for manufacturing, warehousing, and development projects. ASSOCIATION NEWS ISPE publishes equipment reliability guidance The International Society for Phar- maceutical Engineering (ISPE) announced that it has released the ISPE Good Practice Guide: Equipment Reliability. The guide offers best practices with respect to equipment reliability and addresses opportu- nities within the pharmaceutical industry beyond equipment reliabil- ity. Concepts covered in the guide include physical assets; production- related facilities, utilities, and equipment; materials management; Best-in-class industrial grade magnetic metal separators. Designed for your process application and built to last. INDUSTRIAL MAGNETICS, INC. 231.582.3100 • www.magnetics.com STRENGTH AND ENDURANCE. KEEPS WORKING WHEN THE OTHERS HAVE GIVEN UP. LESS • Maintenance Costs • Plant Downtime • Headaches MORE • Captured Metal • Product Purity • Equipment Protection • Employee Safety • Plant Uptime