Page 62 - Plastics News - April 2026
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BUSINESS NEWS
Avneet Singh Marwah, chief executive at Super increases have been steeper.
Plastronics, which sells televisions under the
Kodak, Thomson and Blaupunkt brands. "For Satish said the industry has implemented price
memory chips, inventory has increased to 60 hikes from April, but visibility remains low. "No
days from 45 days earlier." one can confirm if prices will hold in May or if
another round of hike will be needed, given the
Companies have raised prices of televisions, ap- volatility in raw material costs.
pliances and smartphones by 12-30% over the Source – The Economic Times
past four to five months, weighing on demand,
particularly in smartphones and smart TVs where
USING AI FOR TRANSPARENT POLICYMAKING
ers synthesize large-scale datasets to make in-
formed decisions.
LCEI data comprises interconnected elements,
such as the studied product, system boundaries,
methodological choices, and underlying data
sources. This complex data can be difficult to
parse using a large language model (LLM) with-
out customization. Researchers used a custom-
ized LLM-driven workflow to build a Plastics LCEI
database with over 65,536 data points.
Artificial Intelligence (AI) may help bridge the Developing a Knowledge Base
gap between scientific research and policy in
the plastics industry. To create the custom LLM-based framework, re-
searchers developed a plastics lifecycle knowl-
Better Data, Better Decisions edge base. This knowledge base served to
improve prompt precision and contextual un-
ata is a key driver of evidence-based derstanding for the LLM. It focused on various
policy. Communicating the intricacies of areas vital to understanding the plastic lifecycle,
Dthe plastics industry to decision makers including the fundamental properties of plastics.
is crucial for effective governance. To support The knowledgebase also reviewed over 200
the interface of science and policy, researchers common production pathways for plastic resins
developed an AI-driven framework using plastic and 130 typical recycling technologies.
lifecycle environmental impacts (LCEI) data. This
framework can help researchers and policymak- Creating a Structured LCEI Database
64 PLASTICS NEWS April 2026
