Latest News: Business
Fortinet signs MoU with Aramco to advance industrial cybersecurity
Fortinet Inc. (Sunnyvale, Calif.), the global cybersecurity leader driving the convergence of networking and security, announced it has signed a Memorandum of Understanding (MoU) with Saudi Arabian Oil Co. (Aramco; Dhahran, Saudi Arabia). The proposed collaboration aims to support the…
Borouge International expands mechanical recycling capacity in Germany and Austria
Borouge Group International AG (operating as Borouge International) announced investments to expand its European mechanical recycling capacity at its sites in Niedergebra, Germany, and Wildon, Austria. The expansion strengthens the ability of Borouge International (Vienna, Austria) to meet growing customer…
Thyssenkrupp nucera to open central electrolyzer cell assembly hub in Portugal
thyssenkrupp nucera AG & Co. KGaA (Dortmund, Germany) is establishing its first company-operated central Assembly Hub for electrolyzer cells in VGP Park in Vila Nova de Gaia, Portugal, south of Porto. With the Assembly Hub, thyssenkrupp nucera, a world-leading provider…
ENEOS constructs methylcyclohexane plant in Australia
ENEOS Corp. (Tokyo) has constructed a large-scale demonstration plant in Queensland, Australia, to produce methylcyclohexane (MCH), a hydrogen carrier, using its proprietary low-cost "electrochemical synthesis of organic hydride" method (Direct MCH®). An opening ceremony was held on Oct. 6. Following…
France’s Biotech Open Platform opens at Michelin’s Innovation Park
Two years after its creation by Danone S.A. (Paris), Compagnie Générale des Établissements Michelin SCA (Clermont-Ferrand, France), DMC Biotechnologies Inc. (Boulder, Colo.), Crédit Agricole Centre France (Clermont-Ferrand, France), Clermont Auvergne Innovation S.A.S. (Aubière, France) and Greentech S.A. (Saint-Beauzire, France), Biotech…
Sherwin-Williams opens expanded paint and coatings plant in North Carolina
The Sherwin-Williams Co. (Cleveland, Ohio) hosted a ceremonial ribbon-cutting celebrating the grand opening of its expanded architectural paint and coatings manufacturing facility in Statesville, N.C. The Statesville facility is now Sherwin-Williams' largest plant in North America. The expansion represents the…
Schneider Electric to acquire software firm PTC in $22.6-billion deal
Schneider Electric S.E. (Rueil-Malmaison, France) has signed a definitive agreement to acquire PTC Inc. (Boston, Mass.), a provider of industrial product design, engineering and data-management software, in an all-cash deal that values PTC's equity at about $22.6 billion (€20.1 billion),…
Sumitomo Chemical achieves production-scale manufacturing of bio-based LCP
Sumitomo Chemical Co., Ltd. (Tokyo, Japan) has achieved production-scale manufacturing of liquid crystal polymer (LCP) that contains a portion of monomer derived from biomass feedstock (bio-based LCP). As a global supplier in the LCP market, the Company is preparing a…
BinMaster Acquires environmental monitoring company Stevens Water Monitoring Systems
BinMaster Sensors and Technologies LLC (Lincoln, Neb.; www.binmaster.com) has entered into an agreement to purchase assets of Stevens Water Monitoring Systems Inc. (www.stevenswater.com), a company that specializes in providing highly accurate, rugged environmental monitoring equipment: the HydraProbe®, POGO®, and TurfPro™…
voestalpine and VERBUND expand H2FUTURE green hydrogen pilot plant
The H2FUTURE research project at the voestalpine AG (Linz, Austria) site in Linz is entering the next expansion stage. Enhancements to the pilot plant made over the past three years allow the two project partners—international steel and technology group voestalpine…