Galp and Northvolt form JV to develop a lithium conversion facility
With a 50/50 stake, the joint venture is aiming to develop Europe’s largest and most sustainable lithium conversion plant, to be located in Portugal, with an annual production capacity of up to 35,000 tons of lithium hydroxide and a start of commercial operations in 2026.
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Safran in talks to acquire Orolia
Safran announces that it has entered into exclusive discussions to acquire Orolia, a provider of resilient Positioning, Navigation and Timing solutions, from Eurazeo.
New leadership takes the helm at Samsung Electronics
The South Korean electronics giant has announced its new leadership for the next phase of the company’s future growth and to strengthen its business competitiveness. Jong-Hee Han to lead the newly merged SET Division, Kyehyun Kyung to head the Device Solutions (DS) Division
GM and POSCO plans factory to process battery materials
General Motors and POSCO Chemical plans to form a joint venture through which the parties will build a factory in North America to process critical battery materials for GM’s Ultium electric vehicle platform.
TRS Capital acquires majority stake in Alta Electronics
TRS Capital, an early stage investment company, has acquired a majority stake in Alta Electronics, a supplier of interconnect products headquartered in Canada.
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Cicor closes acquisition of Axis Electronics
Cicor Group announces today that the acquisition of all shares of the UK-based Axis Electronics has been successfully closed.
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Songwon to expand its semiconductor chemicals production
South Korean chemicals company Songwon Industrial, has announced that it is investing to expand its chemical production capacity for semiconductors.
The US adds 27 companies to the “Entity List”
The US Commerce Department’s Bureau of Industry and Security (BIS) has added 27 foreign entities and individuals to the Entity List for “engaging in activities that are contrary to the national security or foreign policy interests of the United States.”
TÜV Rheinland opens new testing services laboratory in Ohio
TÜV Rheinland announces that the company has opened its newest testing services laboratory in West Unity, Ohio, USA. The new testing facility will support nondestructive and destructive testing in the Mid-West.
Zimmer Group plans further expansion
Despite the difficulties on the market, German automation solution provider, Zimmer Group, continues to see strong demand. So much so that the company is looking to expand.
Lanxess to expand high-tech plastics production in China
Lanxess says it will expand its production network in China. The specialty chemicals company will build a second compounding line for Durethan- and Pocan-branded high-tech engineering plastics at its manufacturing site in Changzhou.
GM opens its new Factory ZERO – an American EV factory
Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after General Motors announced its massive USD 2.2 billion investment to renovate the facility to build a variety of all-electric trucks and SUVs.
SCS acquires Comelec SA
Specialty Coating Systems, Inc. (SCS), a provider of Parylene conformal coating services and technology, has acquired Comelec SA., a strong and established provider of Parylene, Atomic Layer Deposition (ALD) and multilayer coating services in Switzerland.
Sims Lifecycle Services opens site in Ireland
Sims Lifecycle Services (SLS), a provider of circular solutions for technology, is opening operations in Ireland with a new circular center dedicated to increasing the redeployment, reuse and recyclability of retired IT equipment and data center material.
Ascentec Engineering to open new design & manufacturing plant
Ascentec Engineering, a manufacturer of precision machined parts and assemblies for the semiconductor and aerospace industries, announces that it is opening a new location in Dallas, Oregon.
Johnson Matthey to leve the battery materials space
British speciality chemicals company, Johnson Matthey, is giving up its activity in the battery materials sector.
Lanxness' High Performance Materials unit to stand on its own
Lanxness' High Performance Materials business unit, a supplier of high-performance plastics, primarily used in the automotive, electrical and electronics industries, will be transfered to an independent legal corporate structure.
KLA opens new AI computing lab in India
KLA Corporation is opening two important facilities in Chennai, India, supporting the company's investment in research and talent development.
KION Group to build new warehouse technology plant in China
KION GROUP AG is continuing to pursue its strategy for growth in Asia Pacific (APAC) with the construction of a new plant for supply chain solutions in Jinan, China. The plant will be adjoining to KION’s new counterbalance truck plant, which is nearing completion.
Volkswagen partners with EIT InnoEnergy
EIT InnoEnerg and Volkswagen AG have announced a strategic partnership. Both companies are planning joint innovation and investment activities aimed at helping innovative technologies and business models to achieve economic breakthroughs, and thus decarbonise the transport sector and accelerate the shift to electromobility.
Depaneling With Laser Technology
How was it possible to save money here these days? And what actually were the advantages and disadvantages of laser technology? For the answers to these questions, read our interview below.
Capture 3D is now a part of the ZEISS Group
ZEISS has confirmed that the acquisition of Capture 3D, a US partner for GOM 3D non-contact measuring solutions, has been concluded successfully.
Former CEO of IAR Systems US subsidiaries pleaded guilty to criminal embezzlement
IAR. Systems Group informs that the former CEO / Country Manager at IAR Systems Software Inc, Nadim Shehayed, pleaded guilty to criminal embezzlement and was sentenced to a jail term, probation, and restitution.
Lockheed Martin opens new production facility in Alabama
Lockheed Martin has opened a new production facility in Courtland, Alabama, focused on hypersonic strike production. The new facility includes advanced production tools and intelligent factory solutions.
Panasonic to let 700 employees go
The Japanese manufacturer says that given the challenging global business outlook, as well as its own long-term strategic review of the refrigeration compressor business portfolio, the company will cease the manufacturing of refrigeration compressors in Singapore by the end of September 2022.
EU proposes a common charger for electronic devices
The EU Commission says it is "Pulling the plug on consumer frustration and e-waste." Following years of work together with the industry to bring down the number of mobile chargers, the Commission is now putting forward legislation to establish a common charging solution for all relevant devices.
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