Respondents to a Q4 2024 survey of industrial leaders conducted by the ARC Advisory Group (Dedham, Mass.; www.arcweb.com) ranked artificial intelligence (AI) first, by a relatively large margin, among the digital technologies that they expect to be the most impactful…
A pilot plant intended to manufacture silica aerogel products for different applications, including spray insulation, is being planned by the company Aeroskin Tech AG (Zurich, Switzerland; www.aeroskintech.com). Aerogels are dried gels that maintain their volume when dried, and have nanoscale…
Olivine, a magnesium-iron silicate mineral, is common in the earth’s subsurface, and can sometimes contain other valuable elements, such as cobalt, manganese and nickel. Olivine has been explored as a possible sink for atmospheric carbon dioxide in carbon-capture methods that…
Thermo Fisher Scientific Inc. (Waltham, Mass.) announced that the company has entered into a definitive agreement with Solventum to acquire Solventum’s Purification & Filtration business for approximately $4.1 billion in cash. Solventum’s Purification & Filtration business is a leading provider…
Evertis Packaging Solutions (Portalegre, Portugal), the world’s largest PET multilayer film supplier for the food industry, unveiled plans to build a new leading edge production plant in Columbia, SC. With a total investment of $100 million, the new facility is…
Ruland Engineering & Consulting GmbH (Neustadt, Germany) has been planning and building process systems for the production of liquid products since 2000. What began with just seven employees has developed into an international company with 320 employees and 5 locations.…
Johnson Matthey plc (JM; London) officially unveiled its state-of-the-art Advanced Cracking Evaluation (ACE) units and associated equipment acquired last year from Kayser Technology Inc., a leader in catalyst and additive testing. This multi-million-dollar investment is aimed at enhancing JM’s innovation…
Arkema S.A. (Colombes, France) has decided to increase its polyvinylidene fluoride (PVDF) capacity by 15% in North America. This capacity expansion of Arkema’s PVDF production site in Calvert City, Kentucky, represents an investment of around $20 million and is aligned…
LG Chem Ltd. (Seoul, South Korea) announced that it will collaborate with HL Mando, a leading Korean automotive parts maker, to co-develop adhesives for automotive electronic components. This move aims to expand LG Chem's presence in the automotive adhesive market.…
As part of a review initiated by Air Products’ (Lehigh Valley, Pa.) newly-elected Board of Directors and Chief Executive Officer, the Company announced its decision to exit three projects in the U.S. As a result, Air Products expects to record…