Published on August 5th, 2016 | By: April Gocha0
Ceramic and glass business news of the weekPublished on August 5th, 2016 | By: April Gocha
Kyocera Corp. announced that it will acquire all shares in Melles Griot KK―a Japan-based manufacturer specializing in optical components, which is currently a subsidiary of U.S.-based IDEX Corporation―to further expand its optical components business. Melles Griot KK is expected to become a wholly owned Kyocera Group company effective September 1, 2016.
AGC Asahi Glass announced that AGC Automotive Europe has reached a basic agreement with Induver Holding, a glass manufacturer in Morocco, to set up a joint venture for manufacturing automotive glass. Establishment of the production base marks the AGC Group’s first operations in North Africa. This latest deal is subject to approval by the relevant local authorities.
Flexible OLED screens can allow for new and adaptable form factors when it comes to consumer devices, with their ability to bend instead of break and to fold. South Korean company LG Display Co., a supplier of phone screens for Apple, announced that it will be investing 1.99 trillion won ($1.75 billion) in flexible phone screens.
It’s Tesla Motors’ biggest bet yet: a massive, $5 billion factory in the Nevada desert that could nearly double the world’s production of lithium-ion batteries. Tesla officially opened its gigafactory recently, a little more than two years after construction began. The factory is about 14% complete, but when it’s finished, it will be about 10 million square feet, or about the size of 262 NFL football fields. That will make it one of the largest buildings in the world.
Fuyao Glass America is expanding its plant by 241,000 square feet to add space for logistics and warehouse operations, company officials said recently. The glass manufacturer signed a 15-year agreement to lease the new space in a part of its plant still owned by Industrial Realty Group.
Arkema Inc. is pleased to announce a distribution agreement with Materiant Inc. to further improve service levels to customers of Rilsan fine powders. Through Materiant, customers will efficiently and effectively place orders, receive technical support, and tap into the differentiated products and services.
The Energy Department’s Office of Energy Efficiency and Renewable Energy announced a total of $11 million for 16 projects intended to develop innovative, early-stage solutions in both photovoltaics and concentrating solar power. Ten of the projects are small-scale R&D projects designed to push the limits of PV technologies, potentially advancing the state of the art in new cell and module architectures, efficiency, energy output, service lifetime, and manufacturability.
Profits from the Kyocera business unit that includes its solar operations have slumped more than 50% in Q2, as a result of softening demand from the Japanese market. The company booked revenues of JPY45.6 billion ($440 million) in Q2 2016 from Applied Ceramics, a decrease of 13.2% QoQ.
Last year at the American Institute of Architects convention, elevator panel company SnapCab featured its then-new concept of decorative wall panels clad with Corning’s Gorilla Glass. Earlier this year at the 2016 AIA Show, that concept was put into practice at the company’s booth.
H.C. Starck is optimizing the corporate legal structure of its powder divisions, Tungsten Powders, Tantalum/Niobium Powders, and Surface Technology & Ceramic Powders. Four new affiliates were founded in late 2015: H.C. Starck Tungsten GmbH, H.C. Starck Tantalum and Niobium GmbH, H.C. Starck Surface Technology and Ceramic Powders GmbH, and H.C. Starck Infrastructure GmbH & Co. KG. The new companies will begin operating as independent enterprises on August 1, 2016.
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