Contribution By Akshay Kedari
November 10, 2018
Switzerland’s specialty chemical company, Sika Corp. has recently acquired Propex Holding’s Tennessee-based Concrete Fibers business, which includes a U.S. plant that manufactures synthetic fiber used in concrete reinforcement. According to Sika spokesperson, the acquired business would be a perfect addition to the company’s concrete systems …
DSM expands Digimat-AM solution with new 3D printing material grades
November 8, 2018
Royal DSM has reportedly added four additive manufacturing (AM) grades to the Digimat-AM simulation solution of e-Xstream. In the planned Digimat 2019.0 release, the digital twins of the four materials would be made available as Digimat material models to enable end-users to perform FFF process …
Reid Canada to acquire Humberline Packaging & Polybottle Group
November 7, 2018
Leading rigid plastic packaging provider Consolidated Container Company (CCC) has reportedly announced that its subsidiary – Reid Canada Inc., has acquired Humberline Packaging Inc. and Polybottle Group Ltd from world’s leading components and automotive systems manufacturer ABC Group. With the acquisition, the company would be …
Golar LNG Limited to set up an LNG-fired power project in Nigeria
November 6, 2018
Golar LNG Ltd, a UK-based liquefied natural gas (LNG) shipping company, has reportedly announced that it is in talks with Nigerian government authorities to set up a power project in Nigeria. Report cite, the company has even offered one of its vessels to help with …
OMCs and CSC SPV sign MoU to provide LPG services in remote areas
November 5, 2018
Reports confirm that CSC e-Governance Services India Limited and Oil Marketing Companies (IOCL, HPCL & BPCL) have signed a Memorandum of Understanding (MoU) aimed at collaborating for LPG services. The MoU was inked in the presence of Minister of Petroleum and Natural Gas Dharmendra Pradhan …
Aerospace firm HEICO Corporation buys Specialty Silicone Products
November 4, 2018
Florida-based aerospace and electronics firm HEICO Corporation has reportedly announced to have purchased Specialty Silicone Products, Inc., through its subsidiary Electronic Technologies Group in an all cash deal. As per trusted sources, HEICO anticipates that the latest takeover would be valuable for the company and …
Island nation of Palau to enforce a ban on reef-toxic sunscreens
November 2, 2018
Palau, an archipelago of more than 500 islands in the Pacific Ocean, has reportedly announced that starting 2020, it will be enforcing a ban on reef-toxic sunscreens that are jeopardizing the health of the nation’s famed coral reefs. Reports claim, the toxic sunscreen ban – …
Canada’s Hudbay Minerals to acquire mining firm Mason Resources
November 2, 2018
Canadian mining corporation, Hudbay Minerals Inc. has reportedly signed an ‘Arrangement Agreement’ with mining firm, Mason Resources Corp., under which it will acquire Mason’s remaining 86% issued and outstanding common shares. Sources close to the deal state that Mason’s shareholders will receive $0.40 in cash …