SMT & Inspection | June 02, 2006
Cookson continue China investment
Cookson Group plc thas announced three new projects - totaling £10 million of investment - which will further expand the Chinese activities of Vesuvius, Cookson's Ceramics division.
Commenting on the new investments, Francois Wanecq, Chief Executive of Vesuvius said: "We have successfully grown Vesuvius' local presence in China over the last ten years. These new projects - totaling £10 million of investment - will provide further profitable growth by exploiting our leading technologies in new, highly efficient facilities supplying growing markets in the foundry, glass and solar cell markets." Construction of £5 million Foundry Crucibles facility in Suzhou (Jiangsu Province) This £5 million facility will be constructed in Suzhou close to Vesuvius' two existing manufacturing sites which make, respectively, flow control products for the continuous casting of steel and fused silica ceramics used in the glass industry. The new facility, which will be operational by mid-2007, will produce long life, high performance alumina graphite crucibles for the fast growing non-ferrous foundry market. The Chinese foundry industry is the largest in the world and has experienced growth of around 10% over the last few years. Future growth is expected to be driven by the expansion of China's automotive and aerospace industries. This new investment, along with our existing crucible plants in Europe, India and NAFTA, will further enhance Vesuvius' position as one of the leading suppliers of crucibles for the foundry market in the world. £2 million expansion of our Glass Roller facility in Kua Tang (Jiangsu Province) Our existing facility, which manufactures fused silica rollers used in the glass tempering industry under the Zyarock® brand, is to undergo a major, £2 million, expansion to become Vesuvius' worldwide lead centre for glass roller production. As well as producing finished products for the Asian markets, the expansion will allow this facility to supply 'blank' rollers to other Vesuvius facilities in Europe and NAFTA for final finishing before distribution to end customers. The market for glass rollers has seen good growth in recent years driven by the buoyant construction sector in China combined with the very strong demand for flat screen televisions. The expansion of the facility is expected to be completed by the end of 2006. Construction of new £3 million Solar Crucible facility in Kua Tang (Jiangsu Province) A new, £3 million, facility will be constructed alongside the existing glass roller facility at Kua Tang to manufacture solar crucibles used to contain silicon at very high temperatures in the manufacture of photovoltaic ("solar") cells. This industry is currently experiencing double-digit growth and is forecast to accelerate as the market for renewable sources of energy develops. The facility is expected to be operational by the end of 2006. About Cookson Group plc Cookson Group plc is a leading materials science company operating on a worldwide basis in Ceramics, Electronics and Precious Metals markets. The Ceramics division is the world leader in the supply of advanced flow control refractory products and systems to the global steel industry and a leading supplier of specialist ceramic products to the glass and foundry industries. It is also the regional leader in the US, UK and Australia in the supply and installation of monolithic refractory linings. The Electronics division is a leading supplier of advanced surface treatment and plating chemicals and assembly materials to the automotive, construction and electronics markets. The Precious Metals division is the leading supplier of fabricated precious metals (gold, silver, platinum, etc.) to the jewellery industry in the US, the UK, France and Spain. Products include alloy materials, semi-finished jewellery components and finished jewellery.
U.S. polysilicon makers laud Phase 1 of China deal The United States’ three remaining manufacturers of polysilicon expressed appreciation to President Trump and praised U.S. negotiators for securing the Chinese commitment to purchase U.S. polysilicon in the first phase of the U.S.-China trade deal.
Dupont explores divestiture of electronics unit Following its recent USD 26.2 billion deal to sell off its nutrition business, DuPont de Nemours Inc. is weighing a divestiture of its electronics unit, according to people familiar with the matter.
AMD bolsters exec leadership team AMD has announced several promotions and one new hire to its senior leadership team, in an effort to enable the company’s continued growth in the high-performance computing, graphics and visualization technologies market.
Webasto opens new battery centre in Jiaxing Webasto has inaugurated its new roof plant and battery center in Jiaxing (Zhejiang Province) close to Shanghai.
Panasonic to expand its manufacturing footprint in India Panasonic is looking to build a new wiring device factory in southern India. The new factory is scheduled to start production in autumn 2021, responding to the increased demand in the country.
Season Group strengthens wireless R&D & manufacturing capability Season Group has invested in, and installed, two high-speed and high-precision wireless communication testers - Rohde & Schwarz’s R&S CMW500 Wideband Radio Communication Tester and R&S CMW100 Communications Manufacturing Test Set.
Rocket Lab expands capabilities in So Cal Rocket Lab announced this week it will open a new facility to serve as its corporate headquarters and provide increased production capacity.
PCB Piezotronics unveils new clean rooms PCB Piezotronics Inc., a wholly owned subsidiary of MTS Systems Corporation, has announced the completion of environmentally controlled clean rooms at their DePew, New York facility.
European loudspeaker company brings production back home Difficulties manufacturing smaller design series among reasons for the decision to return back to base.
China only region to register pure-play foundry market growth Rise of China-based fabless IC suppliers offers increased opportunities for foundries, IC Insights states in a recent report.
Mycronic receives first SLX order Swedish production equipment specialist, Mycronic, has recieved their very first order of its mask writer SLX.
600 new German jobs as VARTA expands production again The lithium-ion battery market continues to experiencing growth, currently the market is poised to continue to move forward with an annual growth of about 30% – and VARTA wants a big piece of the pie.
FTG achieves S9100D certification at acquired PCB fab Firan Technology Group Corporation has completed and received AS9100D Certification from SAI Global Ltd. for its recently acquired PCB manufacturing facility located in Fredericksburg, Virginia USA (formerly Colonial Circuits Inc.).
Dutch block sale of technology, China miffed Following ASML’s denial of an export license by the Dutch government to sell a piece of critical chip-making technology to the Chinese, China’s ambassador to the Netherlands has issued a statement expressing his country’s displeasure.
DuPont aids S. Korea in photoresist shortage The office of Korea’s Ministry of Trade, Industry, Sung Yun-mo, met with DuPont President Jon Kemp last week to confirm DuPont’s investment in the country’s need for diversification of its EUV photoresist supply.
Volvo building U.S. battery assembly plant In preparation for bringing a new line of electric vehicles to the U.S. market, Volvo announced it will build a battery assembly plant at its existing facility in Ridgeville, South Carolina.
New game consoles expected to trigger demand surge for graphics DRAM and SSD's TrendForce expects the year-end release of new generation game consoles to trigger a demand surge of graphics DRAM and SSD's during the second half of 2020.
A new year begins with new machinery at Swedish Microwave In Motala, Sweden sits Europe’s oldest manufacturer of Low Noise Block down-converters (LNB) for the global satellite market, namely Swedish Microwave (SMW). The company is now kicking off 2020 with an investment in production.
Lucid eyeing April reveal of pre-production sedan Luxury EV manufacturer Lucid has announced that production is underway in Silicon Valley of 80 beta prototypes of its luxury sedan, Lucid Air, to be unveiled in April in New York City.
Ideal Industries moving the ball forward at Cree Following its March announcement that Cree had sold off the entirety of its lighting business to Ideal Industries in a USD 310 million deal, Ideal said it would remain dedicated to pumping investment dollars into the now privately-held Cree Lighting.
Former pSemi exec and CEO Jim Cable retires pSemi Corporation has announced the retirement of former CEO and long-term executive Jim Cable.
Rohde & Schwarz inks agreement to use Benchmark's muscles The German electronics group has signed a strategic agreement with US EMS provider, Benchmark Electronics, to enhance its manufacturing capacities.
Stoneridge appoints new VP of operations Stoneridge Inc. has announced Kevin Heigel as its new vice president of operations.
Gartner: Worldwide semiconductor revenue declined 11.9% in 2019 Intel reclaimed top spot in global semiconductor market; Samsung moved to no. 2.Load more news