Published on September 16th, 2016 | By: April Gocha, PhD0
Ceramic and glass business news of the weekPublished on September 16th, 2016 | By: April Gocha, PhD
GE recently announced that 3-D printing companies Arcam AB and SLM Solutions Group will be folded into GE in a $1.4 billion deal. They’ll add a portfolio of products and capabilities, including airplane parts and medical scanners. Arcam AB, based in Sweden, and SLM Solutions Group in Germany are top-tied additive manufacturing companies, GE said.
Technavio has announced the top five leading vendors in their recent global advanced ceramics market 2016–2020 report. This research report also lists two other prominent vendors that are expected to impact the market during the forecast period.
U.S. Secretary of Commerce Penny Pritzker announced that “Manufacturing USA” is the new brand name for the National Network for Manufacturing Innovation. The network consists of public-private institutes dedicated to securing the nation’s future through manufacturing innovation, education, and collaboration.
HP is snapping up Samsung Electronics Inc.’s printing business in a $1.05 billion deal, according to a statement from Samsung. Samsung will spin off the printing business unit into a separate company as of Nov. 1 and sell 100% stake of the newly created company to HP.
Japan’s Renesas Electronics said it will buy U.S. chipmaker Intersil for $3.22 billion amid a wave of consolidation in the global semiconductor industry. Renesas, which controls nearly 40% of the global market for microcontroller chips used in automobiles, aims to complete the cash transaction by June 2017 to fully control the Milpitas, Calif.-based company, it said.
U.S. Silica Holdings Inc. announced that it has completed the acquisition of the NBR Sand unit of New Birmingham Inc., a leading regional sand mining company based in Tyler, Texas. The low-cost, state-of-the-art facility has annual capacity of just over two million tons and produces 40/70 mesh and 100 mesh silica sand used in hydraulic fracturing.
A few firms with links to the glass and glazing industry are on the Forbes list of America’s largest private companies, released last week. This year, 223 companies made it onto the annual ranking. Combined, these companies have revenues of $1.62 trillion and employ more than 4.5 million people, according to Forbes.
Seven Refractories has entered into an agreement with the refractory business of Dalmia Bharat Group to develop and supply a wide range of monolithic refractories for the Indian market. The cooperation agreement is intended to lead to a joint venture between Dalmia and Seven.
August was another great month for frack sand stocks, as shares of U.S. Silica Holdings, Hi-Crush Partners, Emerge Energy Services, and Fairmount Santrol all posted double digit gains. The one exception to this frack sand rally was Carbo Ceramics, which saw shares decline more than 10% last month.
A wide range of rare earth metal foils is available from Goodfellow, a leading supplier of high- purity metals and materials for research and industry. The foils represent 14 of the 15 metals in the lanthanide series (only promethium is unavailable), plus scandium and yttrium. All foils have a purity greater than or equal to 99%.
The 3-D printing ceramics market was valued at $27.8 million in 2015 and is projected to reach $131.5 m by 2021, at a CAGR of 29.6% between 2016 and 2021. Major factors driving the growth of the 3-D printing ceramics market include high demand for 3-D printing for dental and orthopedic applications in healthcare and in thermal insulation parts in aerospace and defense.
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