Month: April 2023

  • Saint-Gobain completes ₹400-cr acquisition of Twiga Fiberglass

    Saint-Gobain is a subsidiary of the French glass maker of the same name and has been in operation in India for over 25 years. In February, the company said in a press release that it had entered into a definitive agreement to acquire Twiga, a company that manufactures glass wool,…

  • GE Digital Recognized As A Leader For Second Consecutive Year In 2023 Gartner® Magic Quadrant™ For Manufacturing Execution Systems

     GE Digital, an integral part of GE Vernova’s portfolio of energy businesses and a leading and innovative provider of solutions in the Manufacturing Execution System (MES) market, announced that it has been positioned for a second consecutive year by Gartner® as a Leader in the Magic Quadrant for Manufacturing Execution…

  • BMD Completes First UK Acquisition As Part Of Global Growth Strategy

    BMD is taking its Australian civil construction expertise to the world with the acquisition of UK-based infrastructure consultancy, TUSP. As Australia’s largest privately owned civil contractor, this move marks a further step towards BMD’s positioning as a global brand, following the establishment of operations in the Philippines in 2017 and…

  • Dana Incorporated Reports 2023 First-quarter Financial Results with Record Sales and Higher Profit

    Dana Incorporated announced financial results for the first quarter of 2023. “Dana achieved strong sales of $2.64 billion in the first quarter, with significantly improved profit margin over the previous year, driven by healthy customer demand in all our end markets, as well as new and replacement business rolling-on,” said…

  • Saint Gobain – The Largest Cantilever Bridge In The World

    Constructed on a new section of the Norwegian coastal motorway, at 534m long, the Trysfjord Bridge is the largest cantilever bridge in the world. Its deck is made up entirely of cantilever beams, structures supported at just one end that extend horizontally. This technical feat was made possible by using…

  • GE Digital Recognized as a Leader for Second Consecutive Year in 2023 Gartner® Magic Quadrant™ for Manufacturing Execution Systems

    GE Digital, an integral part of GE Vernova’s portfolio of energy businesses and a leading and innovative provider of solutions in the Manufacturing Execution System (MES) market, today announced that it has been positioned for a second consecutive year by Gartner® as a Leader in the Magic Quadrant for Manufacturing…

  • Dow Receives CIO 100 Award For Smart Search Powered By CAS

    Dow was honored with a CIO 100 Award for its Smart Search tool, powered by CAS, which accelerates R&D and helps provide the best, most sustainable solutions for customers. The US CIO 100 awards recognize 100 organizations driving groundbreaking projects in enterprise IT and the companies and teams that create…

  • Motiv Power Systems Launches Next-Generation All-Electric Trucks For Medium-Duty Fleets

    Motiv Power Systems has launched its next-generation electric trucks for medium-duty fleets. Motiv is a 14-year veteran providing all-electric step vans, box trucks and shuttle buses capable of moving 2-6 ton payloads. The company has deployed more than 150 vehicles and driven more than 2.5 million miles with fleets across…

  • Cummins’ New X10 Fuel-Agnostic Engine

    The company’s historical focus on diesel engines is morphing into something more futuristic, with a host of new, battery-electric and zero-emissions powertrains underdevelopment and a recently completed acquisition of Meritor to work out. Cummins is interesting because with all the hype surrounding battery-electric trucks, hydrogen fuel cell technology and various…

  • Samsung Electronics Announces First Quarter 2023 Results

    Samsung Electronics today reported financial results for the first quarter ended March 31, 2023. The Company posted KRW 63.75 trillion in consolidated revenue, a 10% decline from the previous quarter, as overall consumer spending slowed amid the uncertain global macroeconomic environment. Operating profit was KRW 0.64 trillion as the DS…

  • Sumitomo Electric Establishes Power Cable Factory In Scotland, U.K.

    The introduction of renewable energy and interconnected national and regional lines are being promoted worldwide to achieve a decarbonized society. In the European market, where such trends are active, demand for power cables is growing. In particular, the UK is expected to be one of the largest markets for power…

  • Continental And Aurora Partner To Realize Commercially Scalable Autonomous

    The technology companies Continental and Aurora Innovation, Inc. have entered into an exclusive partnership to deliver the first commercially scalable generation of Aurora’s flagship integrated hardware and software system, the Aurora Driver. The organizations will jointly design, develop, validate, deliver, and service the scalable autonomous system for the trucking industry.…

  • First Solar, Inc. Announces First Quarter 2023 Financial Results

    First Solar, Inc today announced financial results for the first quarter ended March 31, 2023. Net sales for the first quarter were $548 million, a decrease of $454 million from the prior quarter. The decrease was primarily driven by a decrease in the volume of modules sold to third parties.…

  • Westlake Innovations Invests In Infinity Recycling’s Circular Plastics Fund

    Westlake Innovations, Inc., a subsidiary of Westlake Corporation, announced the company has invested in the Circular Plastics Fund. The fund seeks to accelerate the transition to a circular economy of plastics by scaling up advanced recycling technology companies that transform plastic waste streams into primary commodities used for new plastic…

  • Saint Gobain – 3D Printing Worldwide

    Saint-Gobain Weber Beamix, a specialist in 3D concrete printing in the Netherlands, hopes to break into new markets. Its motto is “seeing is believing”, which is why it has developed Weber Mobile Setup, an innovative solution to demonstrate the potential of printed concrete. Everything you need for 3D concrete printing…

  • Business And Capital Alliance With BJIT Group, A Bangladesh IT Services Company

    Marubeni Corporation will form a business and capital alliance with BJIT Group, which is based in the People’s Republic of Bangladesh and provides IT services for Japan, Europe, US, and ASEAN markets, and will enter the offshore DX service business as a next generation social infrastructure. The Alliance was announced…

  • Atlas Copco To Acquire Major Australian Pump Specialist

    Atlas Copco is to acquire National Pump & Energy (NPE), a major pump, power and compressor rental and sales business in Australia and New Zealand. The deal is expected to close during the second quarter of 2023. The price has not been disclosed. Headquarted in Queensland, the company employs 420…

  • Business and Capital Alliance with BJIT Group, a Bangladesh IT Services Company

    Marubeni Corporation (hereinafter, “Marubeni”) will form a business and capital alliance with BJIT Group (hereinafter, “the Alliance”)*1, which is based in the People’s Republic of Bangladesh (hereinafter, “Bangladesh”) and provides IT services for Japan, Europe, US, and ASEAN markets, and will enter the offshore DX service*2 business as a next…

  • Leeward Renewable Energy Announces 2-Year, 2 GW First Solar Order, Redoubling Its Commitment To American Solar

    First Solar announced an agreement to supply 2 gigawatts (GW)DC of advanced, responsibly produced thin film photovoltaic solar modules to Leeward Renewable Energy (“LRE”). The deal is expected to see First Solar deliver the modules in 2026 and 2027. First Solar, Inc. announced an agreement to supply 2 gigawatts (GW)DC…

  • SEE And Koenig & Bauer Announce Strategic Partnership To Shape The Digital Future Of Packaging

    Sealed Air and Koenig & Bauer AG announced they have signed a non-binding letter of intent to expand their strategic partnership for digital printing machines. The partnership aims to significantly improve packaging design capabilities by developing state-of-the art digital printing technology, equipment, and services. Solutions developed by SEE and Koenig…

  • Sidel Guides Niche Cocoa Industry Ltd’s Move Into Aseptic Beverage Production To Pioneer Aseptic In PET For The First Time In Ghana

    Niche Cocoa Industry Ltd, Ghana’s largest fully integrated cocoa processor, has successfully installed its first-ever aseptic line through Sidel. The line marks a significant milestone for the company, as it makes its first venture into milk-based products in PET with the assistance of Sidel’s long-standing expertise in aseptic production. “We…

  • Saint Gobain – A Joint Laboratory For More Sustainable Materials

    On March 20, 2023, the extra-mural MATILDE laboratory was created. This acronym covers the MATEIS and LAMCOS laboratories, and the three Saint-Gobain research centers: Saint-Gobain Research Provence, Saint-Gobain Research Compiègne and Saint-Gobain Research Paris. These structures have joined forces for the next 5 years to develop more sustainable materials. Saint-Gobain…

  • Sidel Aids Launch Of An Aseptic Production Line In Ghana

    The packaging manufacturer has helped Ghanaian cocoa processor Niche Cocoa Industry install ventures into milk-based products with PET. Niche Cocoa Industry has opted for Sidel’s Predis aseptic dry sterilisation line technology to reportedly produce Ghana’s first locally produced and aseptically bottled chocolate milk. The 16,000 bottles per hour aseptic PET…

  • AGC To Boost Production Capacity Of EUVL Photomask Blanks

    AGC, a world-leading manufacturer of glass, chemicals, and high-tech materials, has announced that it decided to expand the production capacity of EUV lithography photomask blanks (“EUVL mask blanks”) at its 100% subsidiary, AGC Electronics Co., Ltd.. Production will begin in January 2024, and through gradual expansion, the AGC Group’s EUVL…