Published on February 10th, 2017 | By: April Gocha0
Ceramic and glass business news of the weekPublished on February 10th, 2017 | By: April Gocha
Boeing shares have reached an all-time high. The company’s stock jumped nearly 5% to $168.50 after it said it expects to generate $10.75 billion in operating cash in 2017. A big reason behind the profits is the 787 Dreamliner—after nearly a decade of profit loss, the Dreamliner is no longer loss-making and is finally being manufactured for less than its sales price.
The Army is increasing its footprint in additive manufacturing by printing spare parts for robotic ground vehicles, hand grenades, and even drones. To tackle this rapidly evolving technology, the Army has developed a technology roadmap, which was merged into an overarching DOD roadmap recently.
Saint-Gobain Gypsum announced the acquisition of all the stockholder’s equity of the Vietnamese company Vinh Tuong Joint Venture. The company has a manufacturing plant located near Ho Chi Minh City which can produce up to 9 million square meters of plasterboard.
Minerals sands miner Iluka Resources has made about 90 positions redundant following a company review that also flagged a significant impairment. The Perth-based company said the roles were made redundant as part of a strategy to remove cost from the business.
Chinese auto supplier Fuyao Glass Industry Group will complete a total of $1 billion in U.S. manufacturing investments by the end 2017, including about $500 million it has put into an automotive glass plant in Ohio, the company’s chairman told Reuters.
Hot trends in fired clay brick show preferences for whites, greys and lighter colors, thin brick, rustic/weathered textures, and larger brick sizes. Brick Industry Association member manufacturers around the country report that residential and commercial trends include whites, light greys, ivories, rough-hewn textures, glazed brick and larger brick sizes.
Lucideon will host a new training module, “QC During Refractory Installation,” specifically for the refractories, refineries, petrochemical, and power generation industries on Friday, May 19 in Stoke-on-Trent, Staffordshire. Using theory and case studies, the course will cover quality control for all aspects of monolithic, castable, and brick refractory installation.
In November 2016, Panasonic began a demonstration experiment of a hydrogen fuel cell that can efficiently generate electricity directly from hydrogen. With 2020, 2030 in sight, Panasonic will continue to develop clean energy solutions, which include the hydrogen fuel cell as well as a wide range of devices that will help bring to life the hydrogen society of the future.
Veruscript announced the launch of Veruscript Functional Nanomaterials, a new open access journal exploring the function of nanomaterials. The journal is the first science journal to employ Veruscript’s innovative reviewer rewards program, which offers rewards to peer reviewers.
The Office of Energy Efficiency and Renewable Energy SunShot Initiative announced up to $30 million in new projects to support the integration of solar energy into the nation’s electric grid. SunShot will fund 13 projects with a total of up to $30 million to develop next-generation grid planning and operation tools that help to integrate more solar power with the grid.
The American Composites Manufacturers Association (ACMA) and many members from its Corrosion Control Division will be part of NACE International’s first ever Composites Pavilion at the 2017 CORROSION Conference and Expo in New Orleans, La. Participants in the pavilion will highlight the use of composites in corrosion resistant equipment.
TenCate Advanced Composites, a leading global composite materials company, has supported Delft University of Technology with carbon fiber composite materials for the Delft Hyperloop pod, who achieved first place in the inaugural SpaceX Hyperloop Competition Weekend in Hawthorne, Calif.
AGC Asahi Glass announced plans to establish a new research and development system. AGC plans to construct a research facility at the site of its Keihin Plant in Tsurumi-ku, Yokohama, to centralize development of new products, processes, and basic technologies. The new R&D system is scheduled to start operation in June 2020.
3M is being recognized with the prestigious 2017 Catalyst Award, which honors companies for their proven approach to expand opportunities for women and business. 3M’s global initiative focuses on the advancement of women and is an important component of a diversity and inclusion strategy that positively impacts the company worldwide.
The Castolin Eutectic Group (Bad Soden, Germany) announced the acquisition of Furnace Mineral Products Inc. on February 1, 2017. A privately owned corporation based in Toronto, Canada, FMP specializes in the research, development, manufacture and field application of innovative, inorganic-hybrid coatings.
Saint-Gobain and Greentown Labs, the largest clean technology incubator in the United States, announce the extension of their partnership through 2019. The partnership includes construction of Greentown Labs’ expansion site, the Global Center for Cleantech Innovation, which will nearly triple the incubator’s current footprint in Somerville, Mass.
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