(IN BRIEF) BASF’s Coatings division has significantly increased the production capacity of its Caojing plant in Shanghai from 8,000 to 18,800 metric tons per year for polyester and polyurethane resins used in automotive spraycoats. This expansion, part of BASF’s broader … Read the full press release
Posted in Automotive, Business, Chemicals, Germany, Industrial
Tagged Asia Pacific, automotive OEMs, automotive spraycoats, BASF Coatings, Caojing plant, component manufacturers, electrocoat binder, intermediate grind resin, Jinhua Hou, Patrick Zhao, polyester resin, polyurethane resin, process optimization, production capacity, renewable energy, Shanghai, Shanghai Chemical Industry Park
(IN BRIEF) Hydro has unveiled plans to invest in a new wire rod casthouse at its Karmøy aluminium smelter in Norway, aiming to supply aluminium for Europe’s critical energy infrastructure. With a production capacity of 110,000 tonnes per year, the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Investment, Management, Media, Metals and Minerals, News, Norway
Tagged 2028, aluminium, aluminium conductor, automotive, building systems, casthouse products, critical energy infrastructure, Eivind Kallevik, energy transition, EU, Hydro, investment decision, Karmøy, low-carbon aluminium, NOK 15 billion, Norway, power cables, primary aluminium, production capacity, R&D, recycled aluminium, renewable energy, smelting technology, wire rod casthouse
(IN BRIEF) ANDRITZ has successfully launched a new pressurized refining system at the Wisewoods mill in Phetchaburi, Thailand, enhancing the mill’s production capacity for high-quality medium density fiberboard from rubberwood. The system’s high-efficiency technology improves fiber quality while reducing energy … Read the full press release
Posted in Austria, Environment, Industrial, Technology
Tagged Andritz, ASIA, collaboration, dewatering, energy consumption, fiber quality, global supplier, high-efficiency pressurized refiner, Ltd, MDF products, Medium Density Fiberboard, Middle East, panelboard industry, Phetchaburi, Plug Screw Feeder, pre-steaming, pressurized refining system, production capacity, Refining, rubberwood, technology group, THAILAND, Wisewoods, Wisewoods Co., wood panel industry
(IN BRIEF) Rheinmetall has secured a €21 million contract to supply an international customer with 155mm M107 artillery ammunition, scheduled for delivery in the first half of 2025. The ammunition will be produced by Rheinmetall Expal Munitions in Spain. The … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Spain, Technology
Tagged 1.1 million shells, 155mm M107, 2025, 2027, aircraft armament, ammunition production, anti-aircraft guns, artillery ammunition, delivery, high-energy laser applications, infantry fighting vehicles, international customer, large-caliber ammunition, medium-caliber ammunition, NATO, partnership, production capacity, Rheinmetall, Rheinmetall Expal Munitions, Spain, tank shells, €21 million
(IN BRIEF) Symrise has completed the expansion of its food and beverage (F&B) powder blending facility in Jinqiao, Shanghai, marking a significant step in enhancing its production capabilities and operational efficiency. The new state-of-the-art blender in the seasoning plant increases … Read the full press release
Posted in Business, Chemicals, Food & Beverage, Germany, Industrial, Investment
Tagged blender installation, Chinese market, F&B powder blending, food and beverage industry, Global President F&B, high-quality products, INNOVATION, Jinqiao, Kapil Sethia, manufacturing capabilities, Operational Efficiency, Operational Excellence, production capacity, Robert Marti, seasoning plant, Shanghai, STRATEGY, Symrise, Walter Ribeiro
(IN BRIEF) The European Investment Bank (EIB) has awarded Belgium-based medtech company Nyxoah €37.5 million in venture-debt financing to support the development of innovative treatments for obstructive sleep apnea (OSA). This funding, backed by the InvestEU Life Sciences programme, will … Read the full press release
Posted in Banks, Belgium, European Union, Financial, Healthcare, Pharma & Biotech
Tagged Belgium, commercialization, EIB, equity offering, Europe, European Investment Bank, financing, Genio system, hypoglossal neurostimulation therapy, INNOVATION, InvestEU, InvestEU Life Sciences programme, life sciences, manufacturing capacity, medtech, Nyxoah, obstructive sleep apnea, Olivier Taelman, OSA, production capacity, research and development, Robert de Groot, technological innovation, US, venture-debt financing
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