Published on June 22nd, 2018 | By: Faye Oney0
Ceramic and glass business news of the weekPublished on June 22nd, 2018 | By: Faye Oney
Glass is a popular and indispensable packaging material for food and beverages of all kinds. Current product trends and innovations in production will be presented by manufacturers at glasstec 2018 in Düsseldorf from October 23–26, 2018.
Micromeritics Instrument Corporation, a global manufacturer of premium products for advanced material characterization, acquired Freeman Technology—a company that provides instruments for measuring powder flow properties and other behavioral properties of powders.
In May, prices for many materials used in glass and glazing manufacturing climbed again, according to the latest Producer Price Index from the U.S. Bureau of Labor Statistics. The monthly PPI for flat glass in the commodity category fell 0.4 percent from the previous month.
Umicore announced it is building a new lithium-ion battery cathode material plant in southern Poland that would contribute to the European Union’s initiative to promulgate a leading rechargeable battery industry based on innovative technologies and sustainable supply chain.
CATL, the world’s largest electric vehicle battery producer in sales terms, has raised nearly US $1Bn to finance its expansion as demand for electric vehicles grows in China. Regulators approved its IPO application within only 24 days.
Şişecam Group has completed its acquisition of the Sangalli Vetro Manfredonia facility in Monte Sant’Angelo, Italy. Its company operating in flat glass manufacturing has invested $18.2 million in a second facility in Italy and doubled its production capacity in the country.
Machines and Wheels will represent machinery manufacturer Skill Glass. According to a company release, this partnership will expand Machines and Wheels product lines and improve quality and customer support.
Kyocera Corporation held a groundbreaking ceremony for a new plant at its Kagoshima Sendai complex in Japan. The company aims to increase production of ceramic microelectronic packages to accommodate robust demand and expand related businesses in the future.
The National Association of Manufacturers released the results of the Manufacturers’ Outlook Survey for second quarter 2018, which shows that 95.1% of manufacturers have a positive outlook for their companies—an all-time record in the survey’s 20-year history.
ZEISS unveiled its next-generation VISULAS green photocoagulation laser at the World Ophthalmology Congress in Barcelona. Retinal Photocoagulation Lasers are used to treat a variety of eye diseases including two major causes of blindness.
In its 2018 New Energy Outlook, Bloomberg New Energy Finance sees skyrocketing growth in the global solar and wind energy markets up to 2050. Solar PV capacity is set to grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation.
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