Prague CE S.à r.l closes €234,000,000 of Senior Subordinated Notes due 2022

PerstorpPerstorp December 14, 2017 - Perstorp Holding AB (publ) (“Company”) has been notified that, Prague CE S.à r.l, a private limited liability company (société à responsabilité limitée) organized under the laws of the Grand Duchy of Luxembourg (“Issuer”) today closed an offering of €234,000,000 aggregate principal amount of Senior Subordinated Notes due 2022 (“Notes”). The Issuer was independently formed and is not an affiliate of the Company.

Perstorp announces the closing of €250,000,000 Senior Secured Floating Rate Notes due 2022

PerstorpPerstorp December 14, 2017 - Perstorp Holding AB (publ) (“Company”) today announced that it has closed the offering of its €250,000,000 aggregate principal amount of Senior Secured Floating Rate Notes due 2022 (the “Notes”). The Notes will bear interest at EURIBOR (with a floor of 0%) plus 4.25% per annum. The Notes will mature on September 15, 2022, subject to a springing maturity of (x) June 30, 2021 if the Company’s existing 11% Second Lien Notes due 2021 are not refinanced in full on or prior to June 30, 2021 or (y) September 30, 2021 if (i) the Company’s Mezzanine Facility Agreement is not (a) refinanced in full on or prior thereto or (b) extended in full on or prior thereto such that the termination date of the Mezzanine Facility Agreement is December 15, 2022.

TE Connectivity presented innovative connectivity solutions to boost productivity in motion and drive applications at SPS IPC Drives

TE Connectivity presented innovative connectivity solutions to boost productivity in motion and drive applications at SPS IPC Drives. (Source: TE Connectivity, PR220)DARMSTADT, Germany – December 14, 2017 – TE Connectivity (TE), a world leader in connectivity and sensors, demonstrated its expertise in motion and drive applications – strategically expanded through the acquisition of Intercontec several months ago – at SPS IPC Drives in Nuremberg, the company presented a series of new products for the first time.

Clariant Offers ‘Future-Proofing’ for Next-Gen Drug Packaging, Delivery Devices at MD&M 2018

Clariant Offers ‘Future-Proofing’ for Next-Gen Drug Packaging, Delivery Devices at MD&M 2018. 
(Photos: Clariant)Muttenz, December 14, 2017 – Clariant, a world leader in specialty chemicals, will share how its MEVOPUR® and REMAFIN-EP® products can help in ‘future-proofing’ pharmaceutical packaging and drug-delivery devices in advance of new USP<661.1> regulations at the upcoming MD&M West exhibition. Experts from Clariant’s Healthcare Polymer Solutions will be on hand in Booth 2049 at the medical device trade show being held from Feb. 6-8 at the Anaheim Convention Center, Anaheim CA.

Clariant Sees Colors Becoming Muted for 2019, as Consumers Come to Grips with a Complex World

Clariant Sees Colors Becoming Muted for 2019, as Consumers Come to Grips with a Complex World. 
(Photo: Clariant)Muttenz, December 14, 2017 – Clariant, a world leader in specialty chemicals, announces the release of ColorForward® 2019, the 13th edition of the annual color forecasting guide for the plastics industry.

Belden appoints Dr. Oliver Kleineberg as Global CTO of Core Networking Business within the Industrial IT platform

Dr. Oliver Kleineberg, Global Chief Technology Officer at Belden. 
(Photo: Belden, PR464)St. Louis, Missouri - December 13, 2017 - Belden Inc., a global leader in signal transmission solutions for mission-critical applications, has appointed Dr. Oliver Kleineberg as Global Chief Technology Officer (CTO) of the Core Networking Business within its Industrial IT Platform. This newly created position is a key strategic element for the platform, which comprises Hirschmann Automation and Control, GarrettCom and Tofino Security.

GE Additive reveals prototype of new binder jet machine

GE Additive reveals prototype of new binder jet machine.
(Photo: GE Additive, GEADPR003)Cincinnati, 13 December 2017 – GE Additive has released the first image of a prototype of a brand new additive machine (project name H1) based on binder jet technology that will eventually challenge the need for castings. Further iterations of this machine will be made in early 2018 with the first production machines being shipped mid-2018.

New senior appointment for TE Connectivity Industrial Business Unit System

Guanghua Yang. (Source: TE Connectivity, PR224)DARMSTADT, Germany – December 13, 2017 – TE Connectivity (TE), a world leader in connectivity and sensors, has announced the appointment of Guanghua Yang to the post of vice president and general manager TE Connectivity Industrial Business Unit Systems. Mr. Yang will take up his new appointment on 1 January 2018. He will report to Lars Brickenkamp, Senior Vice President and General Manager of TE’s Industrial business unit – and will be based in TE Connectivity Industrial Business Unit Systems global headquarters in Shanghai, China.

Clariant intensifies support for Chinese refining & chemical industries with new Catalysts office in Shandong

Picture of the new Clariant Catalysts office in Qingdao, Shandong Province. 
(Photo: Clariant)Munich, December 13, 2017 – Clariant, a world leader in specialty chemicals, today announced the opening of a new office for its Catalysts business in Qingdao, Shandong Province, which will focus on providing enhanced services for customers in central and northern China. The expansion follows the establishment of another office in Yinchuan city in July 2017, and reinforces Clariant’s commitment to supporting the Chinese refining and chemical industries and intensifying growth through strong local presence.

Bring sensing capabilities to market faster with TE Connectivity’s new pre-engineered sensor module

AmbiMate sensor module from TE allows customers to bring sensing capabilities to market faster. 
(Source: TE Connectivity, PR137)HARRISBURG, PA., USA – December 12, 2017 – TE Connectivity (TE), a world leader in connectivity and sensors, unveils its AmbiMate MS4 sensor module. This platform of products consists of a building automation-focused set of sensors brought together on a single printed circuit board assembly with an I2C (Inter-Integrated Circuit) digital output. Trends toward “big data,” the Internet of Things (IoT), and energy and air quality management are driving the need to integrate multiple commonly used sensors into a single, pre-engineered, compact and affordable module that OEMs can easily integrate into their designs. TE’s AmbiMate MS4 sensor module addresses customers’ needs to stay in line with these trends and enables them to go to market faster.

TE Connectivity unveils SlimSeal Connector Miniature wire-to-board connectors for outdoor lighting and high-humidity applications

TE Connectivity unveils SlimSeal Connector Miniature wire-to-board connectors for outdoor lighting and high-humidity applications. 
(Source: TE Connectivity, PR222)DARMSTADT, Germany – December 11, 2017 – TE Connectivity (TE), a world leader in connectivity and sensors, has introduced SlimSeal Connector Miniature compact vertical and right-angle IP67 rated wire-to-board connectors. Intended for outdoor lighting and other high-humidity applications, including commercial refrigeration lighting, kitchen appliances, and HVAC equipment, SlimSeal connector Miniatures series meet market calls for smaller connectors with reliable waterproofing.

ARLANXEO launches unique Keltan 5-digit EPDM grade

ARLANXEOMaastricht / Changzhou - ARLANXEO, a global leader in performance elastomers, has launched a semi-crystalline EPDM grade with a very high Mooney viscosity for demanding rubber applications, particularly in the Automotive industry.

Prague CE S.à r.l prices €234,000,000 of senior subordinated notes due 2022

PerstorpPerstorp December 8, 2017 - Perstorp Holding AB (publ) (“Company”) has been notified that, Prague CE S.à. r.l, a private limited liability company (société à responsabilité limitée) organized under the laws of the Grand Duchy of Luxembourg and registered with the Luxembourg Register of Trade and Companies (Registre de commerce et des sociétés, Luxembourg), (“Issuer”) today priced an offering of €234,000,000 aggregate principal amount of Senior Subordinated Notes due 2022 (“Notes”). The Issuer was independently formed and is not an affiliate of the Company.

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