Nouryon (formerly, AkzoNobel Specialty Chemicals) to double production capacity of organic peroxides at its Los Reyes site, Mexico to meet increased customer demand for polyvinyl chloride (PVC) and polyolefin in North America. The expansion is planned to be completed by the first half of 2020.
Archer Daniels Midland Acquires the Ziegler Group to Expand Its Natural Flavors Business!
Archer Daniels Midland Company (ADM) (US) completed the acquisition of the Ziegler Group (Germany), a leading player in the European flavors market producing natural citrus flavor ingredients, on March 21, 2019.
Boeing 737 Max Aircraft Grounded Amid Safety Concerns
The tragic loss of life due to the crashing of the Lion Air flight 610 in October 2018 and the Ethiopian Airlines flight 302 resulted in the global grounding of the Boeing 737 Max until the cause of the crash could be reliably identified. Globally, 371 of these aircraft have been grounded. The potential risk… Continue reading Boeing 737 Max Aircraft Grounded Amid Safety Concerns
Electrification and renewables buoyancy across Europe will mandate huge grid resilience
The European power system is set to change radically in the future owing to the drive to reduce carbon emissions. At the same time electrification of transportation and heating sector will create a perennial demand on the grid infrastructure.
Qlik Collaborates with DataRobot for Leveraging Advancements in Artificial Intelligence
Qlik, a major provider of analytics and business intelligence solutions, has recently announced a partnership with DataRobot, an AI-based predictive solution provider, to implement technological advancements in predictive modeling. The collaboration would integrate machine learning (ML) capabilities of DataRobot directly into Qlik workflow solutions. The integration would enable business users to gain deeper insights from… Continue reading Qlik Collaborates with DataRobot for Leveraging Advancements in Artificial Intelligence
Azelis acquired Chemroy Canada Holdings to strengthen its position in North America
Azelis (Belgium), a specialty chemicals and food ingredients distributor, based in Europe, announced its 100% acquisition of Chemroy Canada Holding (Ontario, Canada), a privately owned distributor of specialty chemicals and ingredients, on 12th March 2019. The transaction would place Azelis as one of Canada’s leading specialty distributors. Additionally, with Chemroy’s dedicated sales force into the… Continue reading Azelis acquired Chemroy Canada Holdings to strengthen its position in North America
Volkswagen and Microsoft strategic partnership for the development of Volkswagen Automotive Cloud
Volkswagen and Microsoft shared progress on the development of the Volkswagen Automotive Cloud. The Volkswagen Automotive Cloud is to be extended to further regions of the world and will be available in Europe, China, and the USA—the core markets for the future, full-electric, and fully connected ID model family. Volkswagen and Microsoft are also working… Continue reading Volkswagen and Microsoft strategic partnership for the development of Volkswagen Automotive Cloud
Greif Concludes Acquisition of Caraustar Industries – A Strategic Move to Fortify its Market Leadership in Industrial Packaging
Greif, Inc. (US), a manufacturer of industrial packaging products and services has completed its previously announced acquisition of Caraustar Industries (US), an integrated manufacturer of 100% recycled paperboard and paperboard products.
Siemens acquires solar string inverter business strengthening its decentralized energy systems portfolio
German conglomerate Siemens acquired the solar string inverter business of KACO new energy GmbH, which specializes in the field of independent and decentralized energy supply. This acquisition will strengthen the decentralized energy systems portfolio of Siemens, which will get a fresh lease of life, through this acquisition.
Airbus Helicopters Announces 43 Orders at Heli-Expo 2019 and Launches a New Version of its H145
March 7, 2019 – Airbus Helicopters (France) concluded the Heli-Expo 2019 with 43 new orders for its major civil product range, namely the H125, H130, H135, H145, H160, H175, and H225 aircraft across the globe. Of the 43 helicopters, 49% orders were from its longstanding customer, Air Medical Group Holdings (AMGH) (US), for a mix… Continue reading Airbus Helicopters Announces 43 Orders at Heli-Expo 2019 and Launches a New Version of its H145