15 May 2020
Mondi produces and donates protective medical gowns for key health care workers in Germany
Mondi, leading global packaging and paper group, has contributed material and processing expertise to produce plastic protective gowns for staff at local nursing homes and retirement facilities in order to help mitigate the spread of the COVID-19 pandemic in Germany. The first 100 of these disposable, single-use garments have been delivered to the regional district’s Civil Protection Authority in Diepholz, who will oversee the distribution to facilities that need it most. Mondi plans to produce at least 10,000 further gowns in the coming months.
15 May 2020
SONGWON Industrial Group announces solid Q1/2020 financial results
SONGWON Industrial Group (www.songwon.com) today released its audited financial results for the first quarter of 2020, ended March 31, 2020. After a challenging finish to 2019, SONGWON experienced a solid start to the new year with sound growth and increased revenue: In Q1/2020, the Group achieved consolidated sales of 210,543 Mil. KRW and reported a 27.4% increase in net profit (11,182 Mil. KRW) in the first quarter 2020 over Q1/2019. Compared to the first quarter of 2019, the gross profit margin in Q1/2020 decreased slightly from 20.9% to 19.7%. However, both the EBITDA and EBIT margins increased respectively in the first quarter to 12.8% and to 8.8%.
14 May 2020
DOMO Chemicals and ZARE boost Sinterline® 3D-printed parts manufacturing
DOMO Chemicals, a leader in Selective Laser Sintering (SLS) materials innovation, is strengthening its position as a key player in the additive manufacturing sector by partnering with ZARE, a leading 3D-printed parts service bureau.
14 May 2020
Contec, Inc., Milliken partner to produce Sporicidin® brand disinfectant qualified to kill coronavirus
The demand for antibacterial cleaning supplies continues to climb in response to the COVID-19 pandemic, and healthcare institutions are looking for effective alternatives to traditional solutions. To fill this need, Contec, Inc., the industry leader in critical cleaning products and cleanroom supplies, is scaling up production of its Sporicidin® brand disinfectant, most often used for mold and water damage remediation, and turned to diversified global manufacturer and materials science expert Milliken & Company to help produce mass quantities.
14 May 2020
DSM and Lightyear join forces to scale the commercialization of integrated solar roofs for the electric vehicle market
High-tech mobility innovator Lightyear and Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, have signed an agreement to jointly scale the commercialization of Lightyear’s unique solar-powered roof for the electric vehicle market. With this solution, both companies aim to accelerate the global adoption of a broad range of Electric Vehicles (EVs).
14 May 2020
Clariant raises the bar for sustainable coatings solutions with new additives, dispersants and pigments available now to the North American Market
As we enter a new decade, where the environment will be an increased focus for businesses and consumers around the world, Clariant is stepping up to the challenge and supporting the industry with a full suite of more sustainable additives and coatings solutions.
13 May 2020
INEOS Styrolution supports the University Erlangen-Nuremberg to contribute to the fight against COVID-19
INEOS Styrolution has provided free product to the University Erlangen-Nuremberg to produce 100,000 pairs of protective glasses for frontline healthcare workers in local hospitals.
13 May 2020
Moog and Voith Successfully Established a Strategic Business Alliance
Moog Inc. and the global technology company Voith Group and, both developers, manufacturers and suppliers of electric, hydraulic and hybrid drive solutions, have signed the contracts to form the joint venture HMS – Hybrid Motion Solutions GmbH based in Rutesheim on 29 April 2020. The joint venture provides for a strategic business alliance to expand the hydrostatic servo-hydraulics business in various industrial markets.
