12th Apr 2021
Neenah, a US-based global manufacturer of premium, performance-based papers, and specialty products used in a variety of applications, has completed the previously announced agreement to acquire Global Release Liners, SL, the parent company of Industrias de Transformacion de Andoain, SA (ITASA), from Magnum Capital and other minority shareholders.
12th Apr 2021
Royal DSM, a Dutch multinational global science-based company in nutrition, health and sustainable living, has announced the completion of the sale of its Resins and Functional Materials (RFM) and associated businesses to Covestro AG for an equity value of €1.6 billion. The proposed sale of RFM was first announced on September 30, 2020.
9th Apr 2021
A joint venture between South Korea’s SK Group and China’s Sinopec plans to start producing petrochemicals at its new facilities in Wuhan in 2021 second half. Sinopec-SK Wuhan Petrochemical was set up by SK Global Chemical, a subsidiary of SK Innovation, and Sinopec in 2013. Production is projected to rise by 40 per cent once full capacity is achieved.
9th Apr 2021
Origin Materials, the leading carbon negative materials company, and AECI Sans Technical Fibres, a leader in engineered thread for high-performance apparel and automotive applications, are extending their collaboration with a view to develop, industrialise and manufacture advanced materials built on the Origin Materials’ carbon-negative technology...
9th Apr 2021
FACC, an aerospace leader, has developed an innovative flap prototype as part of the “Wing of Tomorrow” programme. FACC is working on the “Wing of Tomorrow” programme in cooperation with the European aircraft manufacturer Airbus. The central goal of the programme is to develop the wing technologies of tomorrow and make them ready for series production.
8th Apr 2021
Concertex, a US-based company focused on coated fabrics and performance driven products to revolutionise hospitality and healthcare market, has introduced Air collection that includes the future of performance driven upholstery. The softness and tactile look of the coated fabrics and wovens included in the collection is new for the performance driven...
8th Apr 2021
Bell Textron, a Textron company, is ready with its state-of-the-art Manufacturing Technology Centre (MTC) and has announced start of operations at it. Bell broke ground on the facility on August 2020 and expects it to be fully operational later this year. The centre will be used to test and refine technologies and processes for Future Vertical Lift...
7th Apr 2021
Clariant will present innovative sustainable additive solutions for China at Chinaplas 2021, to be held during April 13-16 in Shenzhen. The country has banned single use plastics which has increased the focus on recyclable plastics and bioplastics for a circular economy. Clariant will showcase new additives from its EcoCircle initiative towards this...
7th Apr 2021
Kaman Composites – Wichita, part of Kaman Corporation, will produce the refuelling boom assembly for Boeing’s MH-47 programme. It has signed a contract in this connection. The MH-47 is an inflight refuellable version of the CH-47 Chinook helicopter. The boom assemblies will support MH-47 new-build production, as well as MH-47 Block II ReNew...