17-05-2022
GE Additive and Orchid sign agreement to enable Orchid to drive scalable metal 3D printing innovation in large joint orthopedic implants
At RAPID + TCT, GE Additive and Orchid Orthopedic Solutions (Orchid) – a global leader in the manufacture of orthopedic implants and instruments – announced they have signed a definitive agreement to continue driving the adoption of additive manufacturing to their suite of technologies through the development of electron beam melting (EBM) solutions in the medical implants sector.
17-05-2022
Westfalia’s colour of green: from avocados to carbon neutrality
Westfalia Fruit Group, a leading multinational supplier of avocados, has achieved the One Carbon World Carbon Neutral International Standard for 15 of its businesses for 2020.
17-05-2022
Reflo™ selects INEOS Styrolution Zylar® 631 for its award-winning children’s drinkware
Key material properties in durability and safety make INEOS Styrolution’s Zylar® 631 the material of choice in the production of reusable Smart Cups for children by Reflo™.
17-05-2022
Sustainable Specialty Chemicals provider Perstorp Group to be acquired by PETRONAS Chemicals Group
Perstorp Group, a leading sustainability-driven global specialty chemicals company, today said that it is to be acquired by PETRONAS Chemicals Group Berhad (PCG). PCG announced today that it has signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB. The agreement was signed with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm.
16-05-2022
Henkel s’associe à Porsche pour le championnat du monde ABB FIA de Formule E
Henkel, au travers de sa marque célèbre LOCTITE®, s’engage aux côtés de Porsche pour le championnat du monde ABB FIA de Formule E, la seule et la plus durable compétition de sports moteur pour véhicules entièrement électriques. Avec un héritage fort alliant performance, innovation, fiabilité et durabilité, LOCTITE devient le partenaire officiel pour les adhésifs de l’équipe TAG Heuer Porsche de Formule E, apportant ainsi des produits premium et une vaste expertise technique pour la Porsche 99X Electric, la première voiture de course entièrement électrique du constructeur allemand.
16-05-2022
BEAMIT invests in M Line system to meet the demand from aerospace & defense customers for large metal additive parts
BEAMIT Group (BEAMIT), partly owned by SANDVIK, has invested in a GE Additive Concept Laser M Line system to meet growing demand from its aerospace and defense customers for both large format metal 3D-printed components and assistance in industrializing additive production.
16-05-2022
SABIC launches new upcycled LNP™ ELCRIN™ iQ resin made with ocean-bound plastic waste to help reduce pollution and support circularity
SABIC, a global leader in the chemical industry, today introduced LNP™ ELCRIN™ WF0061BiQ resin, a novel material that uses ocean-bound polyethylene terephthalate (PET) bottles as a feed stream for chemical upcycling into polybutylene terephthalate (PBT) resin. Ocean-bound plastic is mismanaged waste that originates within 30 miles (50 km) of the coast and is likely to end up in the ocean. The new grade is the latest addition to SABIC’s extensive portfolio of chemically upcycled LNP ELCRIN iQ materials, which help support circularity while serving as potential drop-in replacements for virgin PBT resins. LNP ELCRIN WF0061BiQ resin is a candidate for consumer electronics applications such as fan housings in computers and automotive seating, as well as electrical connectors and enclosures.
13-05-2022
SONGWON delivers strong Q1/2022 financial results
SONGWON Industrial Group (www.songwon.com) today released its financial results for the 1st quarter of 2022. After a solid end to 2021, SONGWON started the new year strongly with sound growth and increased revenues. In Q1/2022, the Group achieved consolidated sales of 338,433 Million KRW and reported a robust 373.9% increase in net profit (43,427 Million KRW) over the same quarter the previous year (9,164 Million KRW). When compared to the 1st quarter of 2021, the gross profit margin in Q1/2022 increased from 21.6% to 29.4%. In Q1/2022, both EBITDA and EBIT margins increased respectively to 19.4% and to 17.0%.
