CoorsTek Inc. and Covalent Materials Corporation, a leading Japanese engineered ceramics manufacturer, today announced that CoorsTek has reached a definitive agreement with the Carlyle Group and Unison Capital Group to acquire Covalent Materials. The parties expect the transaction to close on December 26, 2014. The acquisition provides substantially expanded access to Japanese and other key Asian markets.
Corning Incorporated announced that Samsung has chosen 0.4 mm thick Corning Gorilla Glass 4 as the touch cover glass in the Galaxy ALPHA. At less than 7 mm thick, ALPHA offers a distinctive design experience of a sophisticated look and feel and superb durability.
Purdue University announced that GE Global Research will invest up to $10 million in a five-year partnership focused on research and development in advanced manufacturing. The GE/Purdue Partnership in Research and Innovation in Advanced Manufacturing (PRIAM) will promote technologies that enable digitization, decentralization, and democratization of manufacturing to lower cost, improve speed, and drive innovation.
Imerys Ceramics North America will increase prices up to 15% on all of its ball clay and kaolin products manufactured in the U.S., effective January 1, 2015, subject to any provisions in individual contracts. The price increase supports investment in manufacturing, quality systems, maintenance, environmental compliance, and new product development.
An Oxane Materials ceramic proppant plant in Van Buren, Ark. will close in January. While ceramic proppants are more effective in keeping fracked fissures “propped” open with deep reservoirs, sand proppants have become more in demand as drillers move to shallower, low-pressure reservoirs, according to analysts.
Air Products played a key role when NASA’s Orion EFT-1 lifted off the launch pad, signaling the beginning of a new era in deep space travel. The company supplied industrial gases and other services and has previously fueled all NASA travels of the Space Shuttle, Apollo, and earlier Mercury missions.
Rajasthan Industrial and Investment Corporation is planning to set up a “Ceramic and Glass Industrial Zone” at Ghiloth near Neemrana in India. “RIICO has planned this zone in the Delhi NCR so that the entrepreneurs of this zone can have easy access not only to the raw material sources nearby but also to the large consumer base of North India close to their plants,” says RIICO’s managing director.