(IN BRIEF) Novonesis has agreed to acquire a fermentation production facility in Rayong, Thailand from Meihua for approximately USD 50 million, expanding its footprint in Southeast Asia. The facility will enhance the company’s global production capabilities and support its long-term … Read the full press release
Posted in Business, Denmark, Germany, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Anders Lund, biosolutions, emerging markets, fermentation facility, global manufacturing, GROW strategy, HMO, Human Milk Oligosaccharides, Meihua, Novonesis, Novonesis Advances Growth Strategy with Acquisition of Key Biosolutions Facility in Thailand, Novonesis Invests in Thailand Production Capacity to Support Rising Demand for BioSolutions, Novonesis Strengthens Global Production Network Through Investment in Thailand Manufacturing Site, production capacity, Rayong Thailand, Southeast Asia expansion
(IN BRIEF) OMV and XRG have finalized the creation of Borouge International, a new global polyolefins leader formed through the merger of Borouge Plc and Borealis and the acquisition of NOVA Chemicals. Headquartered in Austria with global operations, the company … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged ADNOC, advanced materials, AI Infrastructure, Alfred Stern, Austria, Borealis, Borouge International, Borouge Plc, chemicals industry, Daniel Turnheim, EBITDA synergies, energy sector, feedstock advantage, Global Expansion, global manufacturing, Hasan Karam, INNOVATION, investment grade ratings, mobility, NOVA Chemicals, OMV, polyolefins, Roger Kearns, Shareholder Value, Stefan Doboczky, Sultan Al Jaber, Sustainable packaging, UAE, XRG
(IN BRIEF) Evonik is advancing its global growth strategy by expanding production capacity for hydroxyl-terminated polybutadienes (HTPB), following recent investments at its Marl site in Germany and a new POLYVEST® ST-E 60 facility in Shanghai. The company has now begun … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Government, Industrial, Investment, Management, Science, Technology
Tagged capacity expansion, Coatings and Adhesives, Dr Anna Maria Ickert, Dr. Jürgen Herwig, Evonik, Evonik Accelerates Growth Strategy Through Further Investment in Global Polybutadiene Production, Evonik Advances Global HTPB Expansion with New Capacity Investments in Germany and Asia, global manufacturing, HTPB, hydroxyl-terminated polybutadienes, industrial materials, Marl Germany, polymer materials, POLYVEST ST-E 60, Shanghai China, specialty chemicals, supply reliability
(IN BRIEF) ABB has announced its intention to spin off its Robotics division as an independent company, with a targeted listing in Q2 2026. The spin-off will be executed via a dividend in-kind, allowing shareholders to receive shares in the … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Financial, Industrial, Investment, Management, News, Switzerland, Technology
Tagged 2026 IPO, ABB, ABB Robotics, AI robotics, automation, autonomous mobile robots, discrete automation, dividend in-kind, electrification, global manufacturing, industrial robotics, intelligent automation, machine automation, Morten Wierod, Nasdaq Switzerland, operational EBITA, Peter Voser, Process Automation, Robotics spin-off, Shareholder Value, Switzerland tech industry
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