18 Dec 2017
SABIC’s new PP extrusion line is now operational in the Netherlands
Sittard, The Netherlands, December 18, 2017 - SABIC, a global leader in the chemical industry announced today the start-up of its new Polypropylene (PP) extrusion facility in Geleen, The Netherlands. This new extrusion line adopts state-of-the-art process technology to produce SABIC® PP products and the next generation PP copolymers and underlines the company’s drive to provide advanced materials that can support customers developing new lightweight applications in industries such as packaging, appliances, automotive, healthcare and help them reduce energy consumption in their process manufacturing.
18 Dec 2017
TE Connectivity helps stepper motor manufacturers improve energy efficiency and motion control with highly engineered terminals and splices
DARMSTADT, Germany – December 18, 2017 – TE Connectivity (TE), a world leader in connectivity and sensors, provides stepper motor makers and users with one of the broadest portfolios of terminals and splices on the global market. The company works closely together with its customers to develop and supply highly engineered solutions for their requirements. TE’s terminals and splices for stepper motors can be used in applications like robotics, machine tools and pick-and-place machines.
14 Dec 2017
Prague CE S.à r.l closes €234,000,000 of Senior Subordinated Notes due 2022
Perstorp 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.
14 Dec 2017
Perstorp announces the closing of €250,000,000 Senior Secured Floating Rate Notes due 2022
Perstorp 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.
14 Dec 2017
TE Connectivity presented innovative connectivity solutions to boost productivity in motion and drive applications at SPS IPC Drives
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.
14 Dec 2017
Clariant Offers ‘Future-Proofing’ for Next-Gen Drug Packaging, Delivery Devices at MD&M 2018
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.
14 Dec 2017
Clariant Sees Colors Becoming Muted for 2019, as Consumers Come to Grips with a Complex World
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.
13 Dec 2017
Belden appoints Dr. Oliver Kleineberg as Global CTO of Core Networking Business within the Industrial IT platform
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.
