Renowned German chemical manufacturer, BASF SE has recently announced plans to launch a program to enhance its annual earnings by $2.3 billion (2 billion euros) staring 2021, as a measure to counter slower profit growth compared with previous years. As per an official statement, the …
In a partnership with Mitsubishi Chemicals, Colossus, a Genk-based machine development startup, has launched what is considered to be the largest Fused Granular Fabrication 3D printer exclusively designed to process recycled materials. Contained within a shipping container, the Colossus boasts a build size of 2.67m …
TopTung Ltd., has reportedly agreed on a conditional agreement to acquire a 100% stake in Canadian Nickel Corporation which includes three advanced nickel-copper sulfide projects within the same Quebec district as TopTung’s Alotta project. As per trusted sources, the acquisition is set to fasten TopTung’s …
Indian conglomerate Reliance Industries Limited is reportedly contemplating on a plan aimed at boosting its oil refining capacity by around half. As per trusted sources, the company is looking to process the heaviest and dirtiest crude and is likely to focus on manufacturing feedstock for …
BASF Venture Capital, the investment division of BASF recently announced that it will be leading a Series A investment round in holdings company, Essentium along with additive manufacturing company Materialise. Reportedly, Essentium and BASF are looking to extend their strategic partnership through this investment to …
The portfolio company of Middle East Glass (MEG), Gulf Capital has reportedly announced to have sold a 74 percent stake in Medco Plast for Packing and Wrapping systems, its PET subsidiary. As per trusted sources, the stake has been purchased by Indorama Ventures Public Company …
Aleph Objects Inc., a US-based manufacturing firm that produces open-source hardware for 3D printing, has reportedly announced that it is further expanding into high-strength 3D printing with the HS (Hardened Steel)-Series Tool Heads for its award-winning 3D LulzBot printers. The new HS & HS+ tool …
Renowned food & beverage packaging company, LBP Manufacturing has reportedly acquired Dominion QSR, Dominion Packaging’s Quick-Service restaurant business. As per credible sources, Dominion QSR’s acquisition is expected to widen LBP’s product portfolio that can deliver customers a full set of folding carton and solutions for …
