Heavy Industries News

  • Today November 19
Oct 02, 2018 13:45 KST
MHI Compressor Corp. Establishes Local Subsidiary in South Korea Through Joint Venture with Mitsubishi Corp.
Mitsubishi Heavy Industries Compressor Corporation (MCO), a group company of Mitsubishi Heavy Industries, Ltd. (MHI)(TOKYO:7011), has established MHI Compressor Korea, Ltd. (MCO-K), a joint venture wi
Oct 01, 2018 00:05 KST
Momentive Opens New NXT* Silane Manufacturing Facility in Leverkusen, Germany
Momentive Performance Materials Inc. (“Momentive”) today celebrated the official opening of its new NXT silane production facility in the Leverkusen Chempark. The city of Leverkusen and Chempark offic
Sep 30, 2018 21:10 KST
AerSale Launches New Parts Manufacturing Business
AerSale®, a global supplier of mid-life aircraft, engines, used serviceable material, and MRO services, today announced the launch of a new business unit, AerSale Parts Manufacturing, in Roswell, New
Sep 28, 2018 09:35 KST
Universal Laser Systems Expands Its Materials Database with SABIC, Solvay and Porex Corporation Materials
Universal Laser Systems (ULS) announces the addition of SABIC, Solvay and Porex Corporation materials to its materials database, the most extensive repository of laser material processing parameters f
Sep 27, 2018 19:05 KST
Clarke Valve Closes $5.5 Million Venture Funding Round Led by OGCI Climate Investments
Clarke Valve today completed the sale of $5.5 million of Series B Preferred Stock to a group of investors led by OGCI Climate Investments. Along with funding from Saudi Aramco Energy Ventures and Chev
Sep 21, 2018 19:15 KST
Afton Chemical’s S$380 Million Phase II Expansion of Its Jurong Island Plant is Now Complete
Afton Chemical Corporation, a global leader in the lubricant and fuel additive market, today announced the completion of the Phase II expansion of its Chemical Additive Manufacturing Facility in Juron
Sep 20, 2018 18:35 KST
Alibaba A.I. Labs Launches Hospitality Robot
The robotics industry is revolutionizing the world, and Alibaba A.I. Labs is raising the stakes in this cutting-edge industry with the announcement of launching service robots for the hospitality sect
Sep 19, 2018 17:35 KST
Rockwell Automation Opens Registration for 2018 Automation Fair
Registration is now open for the 2018 Automation Fair, hosted by Rockwell Automation and members of its global PartnerNetwork program. The 27th annual Automation Fair will be held Nov. 12-15 at the Pe
Sep 14, 2018 17:15 KST
Newmont Ranked Mining Sector Leader by DJSI World for Fourth Consecutive Year
Newmont Mining Corporation (NYSE: NEM) announced that for an unprecedented fourth year running, the Company was named the Metals and Mining sector leader by the Dow Jones Sustainability World Index (D
Sep 13, 2018 18:25 KST
MPM Holdings Inc. Enters into Agreement to be Acquired by Investor Group Consisting of SJL Partners, KCC Corporation and Wonik QnC Corporation
MPM Holdings Inc. (“Momentive” or the “Company”) (OTCQX:MPMQ), a global silicones and advanced materials company, and SJL Partners LLC (“SJL”), KCC Corporation (KS:002380) (“KCC”) and Wonik QnC Corpor
Sep 13, 2018 15:10 KST
Luxembourg Launches Business-Focused National Space Agency
The Luxembourg Space Agency (LSA) officially launched operations today with the goal of promoting the further economic development of the Grand Duchy’s space industry by attracting businesses, develop
Sep 11, 2018 14:00 KST
Greene Tweed Launches WR® 650 - a PFA Composite with Superior Dry Run Capability
Greene Tweed has announced the introduction of WR® 650, the newest thermoplastic composite in its wear-resistant (WR) portfolio. WR® 650 is reinforced with a three-dimensional carbon-fiber architec
Sep 11, 2018 13:50 KST
Greene Tweed Leverages Global Manufacturing and Copy Exactly! to Support Market Growth
Greene Tweed’s global customers rely on the company’s materials expertise, custom engineered solutions, and collaborative approach to design and manufacture elastomeric, thermoplastic, and thermoplast
Sep 07, 2018 14:00 KST
Rockwell Automation Board of Directors Approves $1 Billion for Common Stock Repurchase
The Board of Directors of Rockwell Automation, Inc. (NYSE: ROK) today authorized the company to expend up to an additional $1 billion to repurchase shares of Rockwell Automation common stock. This is
Sep 07, 2018 13:40 KST
Affiliates of Goldman Sachs Acquire Majority Shareholder Position in Boyd Corporation
Boyd Corporation, a global leader in highly engineered thermal management and environmental sealing solutions, announced today that its previously announced acquisition by affiliates of Goldman Sachs
Sep 06, 2018 11:55 KST
Sumitomo Corporation of Americas Makes Strategic Investment in Sintavia
Sumitomo Corporation of Americas (“SCOA”), the largest subsidiary of Sumitomo Corporation, one of the world’s largest traders of goods and services, announced today that it made a minority investment
Danish Robot Equipment Flagship Company Acquires Unique Robotics Firm
Aug 31, 2018 19:15 KST
OnRobot: Danish Robot Equipment Flagship Company Acquires Unique Robotics Firm
Within just one year, the new company Purple Robotics has developed an innovative vacuum gripper, the world’s first specifically for cobots. Purple Robotics has now been acquired by OnRobot, one of th
Aug 31, 2018 17:00 KST
Sumitomo Metal Mining: Settlement in Patent Infringement Lawsuit Concerning Infrared-Shielding Body
Sumitomo Metal Mining Co., Ltd. (TOKYO:5713)(SMM), has reached a settlement with the Korean company Nexfil in the lawsuit SMM brought about at the Seoul Central District Court on March 5, 2018 on the
Aug 29, 2018 09:25 KST
Sudan Gold Coin kicks off its Asian Roadshow with the first stop in Singapore
SGC (Sudan Gold Coin), the world’s first blockchain based investment project dedicated to raising funds for socially responsible, local government-backed, gold mining operations in Africa just launche
Aug 24, 2018 17:50 KST
Mitsui Chemicals to Increase Production Capacity for TAFMER™ High-Performance Elastomers
Mitsui Chemicals, Inc. (TOKYO:4183)(President & CEO: Tsutomu Tannowa) today announced that Mitsui Elastomers Singapore Pte Ltd (MELS; Managing Director: Shinya Matsunaga), a wholly owned subsidiary ba
Aug 24, 2018 15:55 KST
Mitsui Chemicals to Expand Production Capacity of LUCANT™
Mitsui Chemicals, Inc. (TOKYO:4183)(President & CEO: Tsutomu Tannowa) announced the decision to construct a new plant for the production of LUCANT™, hydrocarbon-based synthetic fluid, at its Ichihara
Aug 24, 2018 09:25 KST
Universal Laser Systems Expands Its Materials Database with Dyneema, Quadrant and ISOVOLTA Materials
Universal Laser Systems (ULS) announces the addition of Dyneema®, Quadrant and ISOVOLTA materials to its materials database, the most extensive repository of laser material processing parameters for m
Aug 22, 2018 14:40 KST
Dynacor Announces First Quarterly Dividend Payment
Dynacor Gold Mines Inc. (TSX: DNG) (OTC: DNGDF) (Dynacor or the Corporation) is pleased to announce today that its Board of Directors (Board) has approved the initiation of quarterly cash dividends to
Aug 22, 2018 13:50 KST
FAA Approves AerTrak for Boeing 757-200 Series Aircraft to Comply with Automatic Dependent Surveillance-Broadcast (ADS-B) Operations Mandate
The Federal Aviation Administration (FAA) has issued a Supplemental Type Certificate (STC) for installation of AerSale®’s AerTrak™ system on Boeing 757-200 series aircraft (ST04011NY), to comply with
Aug 17, 2018 11:40 KST
Meggitt Training Systems to highlight Australian presence and next-generation simulator at Land Forces
Meggitt Training Systems will emphasize its long-standing Australian presence and demonstrate the FATS® 100MIL simulator at Land Forces 2018, to be held September 4-6 in Adelaide. Meggitt Training Sys
Aug 16, 2018 16:45 KST
CTS Engines Inducts First PW2000 Engine
CTS Engines, the global leader for mature engine maintenance within the Aerospace & Defense industry, announced today that it had inducted the first PW2000 engine into its engine overhaul facility in
Aug 03, 2018 16:50 KST
Nordson INDUSTRIAL COATING SYSTEMS Launches New Encore® nLighten™ LED Kit
Nordson Corporation (NASDAQ-NDSN), a leading supplier of precision technologies for the application of powder coatings, announced today the launch of a new accessory for its Encore manual powder coati
Aug 02, 2018 13:40 KST
Ascend Performance Materials Acquires Britannia Techno Polymer
Ascend Performance Materials, the largest global fully integrated producer of nylon 6,6 resin, announced today the purchase of Britannia Techno Polymer (BTP), an engineering plastics compounder based
Aug 01, 2018 14:30 KST
Toshiba‘s Permanent Magnetic Synchronous Motors Now Started Commercial Operation in South Korea’s Busan
Toshiba Infrastructure Systems & Solutions Corporation (hereafter Toshiba-ISS) has announced that new five 8-car trains equipped with its permanent magnet synchronous motors (PMSMs) have entered servi
Jul 25, 2018 11:00 KST
Azbil Introduces Control Valves with Low-Emission Gland Packing That Reduces Leakage of VOC Air Pollutants
Azbil Corporation (TOKYO:6845)(head office: 2-7-3 Marunouchi, Chiyoda-ku, Tokyo / President and CEO: Hirozumi Sone) announced that it began to sell control valves with a low-emission gland packing sys
Jul 19, 2018 09:40 KST
Universal Laser Systems Expands Its Materials Database with 3M, Victrex and Dexmet Materials
Universal Laser Systems (ULS) announces the addition of 3M™, Victrex® and Dexmet materials to its materials database, the most extensive repository of laser material processing parameters for material
Jul 13, 2018 18:55 KST
Brazil Approves AerSafe for Airbus 321 Aircraft to Comply with Fuel Tank Flammability Reduction Rule
AerSale® announced today that the National Civil Aviation Agency of Brazil (ANAC) has approved the Federal Aviation Administration’s (FAA’s) Supplemental Type Certificate (STC) for the company’s AerSa
Jun 29, 2018 14:00 KST
Christophe Chicandard Joins AerSale® as Vice President of Leasing & Trading — Asia Pacific Region
AerSale, a global supplier of mid-life aircraft, engines, used serviceable material (USM), and MRO services, announced today the addition of Christophe Chicandard as Vice President of Leasing & Tradin
Jun 25, 2018 13:30 KST
Ascend Performance Materials Announces Price Increase for Intermediate Materials
Ascend Performance Materials announced today a price increase for its intermediate materials. The price increase will take effect globally on July 1, 2018, and includes the following terms: (To vi
Jun 21, 2018 11:35 KST
ABB and Kawasaki Create World’s First Common Interface for Collaborative Robots
ABB and Kawasaki Heavy Industries, both global leading players in industrial automation and robotics, are showcasing the world’s first common collaborative robot operating interface at automatica in M
Jun 19, 2018 21:05 KST
Universal Laser Systems Expands Its Materials Database with Henkel, Hexcel and Saint-Gobain Materials
Universal Laser Systems (ULS) announces the addition of Henkel, Hexcel® and Saint-Gobain materials to its materials database, the most extensive repository of laser material processing parameters for
Jun 19, 2018 09:25 KST
LG Chem Hosts Global Innovation Contest 2018 (GIC 2018) “Finding Innovations to Change the World”
LG Chem (KRX: 051910) is exploring innovative technologies that will change the world. LG Chem announced that it would hold a Global Innovation Contest (GIC) for leading universities and research i
Jun 14, 2018 13:50 KST
PTA Land Force Projection Systems with Improved Performance
The French Defense Procurement Agency has awarded CNIM a contract for modernization of PTA ground force projection systems (Fast Bridge laying System). This automatic launching system, designed and
Jun 13, 2018 15:35 KST
An Innovative Multi-Probe Military Radiation Meter for Harsh Environment and Emergency Situations: SaphyRAD MS (EX-DOM 420)
Bertin has developed the new multiprobe military survey meter (with the expertise of Saphymo*) under a contract awarded by the French Defense Procurement Agency. This latest generation portable monito
Jun 13, 2018 14:40 KST
A Modernized Version of Motorized Floating Bridges for the French Army
The CNIM Group's Motorized Floating Bridge (PFM) is a solution dedicated to river and similar type of crossings, in service in several armies, in France as well as in Italy, Switzerland and Malaysia.
Jun 12, 2018 11:55 KST
OnRobot: Collaborative Robotics Pioneer Enrico Krog Iversen and the Danish Growth Fund Reveal New Ambitious End-of-Arm Tooling Venture
Enrico Krog Iversen, former CEO of the industry-leading collaborative robot pioneer, Universal Robots, along with the Danish Growth Fund, is addressing the next challenge in automation with the merger
Jun 07, 2018 15:50 KST
Prysmian Completes Acquisition of General Cable
Prysmian Group (BIT: PRY) and General Cable Corporation (NYSE: BGC) today announced that Prysmian has completed its acquisition of General Cable. Pursuant to the terms of the merger agreement enter
Jun 07, 2018 13:45 KST
From Upgraded Bridging Systems to an Extended Range of Surveillance and Cybersecurity Solutions: CNIM’s Latest Innovations for the Armed Forces
As a leading player in Defense & Security in France and internationally, the CNIM Group presents on its booth H 267|Hall 5A its innovative systems and equipment for the Projection and Protection of th
Jun 07, 2018 13:10 KST
FLIR Launches Next-Generation Black Hornet 3 Nano-UAV
FLIR Systems, Inc. (NASDAQ: FLIR) today announced the Black Hornet® 3 nano-unmanned aerial vehicle (UAV) for use by global militaries, government agencies, and first responders. The Black Hornet Perso
Jun 04, 2018 23:05 KST
Nordson EFD’s New Collapsible Film-Pak Cartridges Provide Sustainable Two-Component Packaging
Nordson EFD, a Nordson company (NASDAQ: NDSN), the world’s leading precision fluid dispensing systems manufacturer, introduces Film-Pak® sustainable film-based dual cartridges for two-component (2K) p
Jun 04, 2018 14:00 KST
Prysmian and General Cable Announce Anticipated Closing Date of June 6, 2018 for Prysmian’s Acquisition of General Cable
Prysmian Group (BIT: PRY) and General Cable Corporation (NYSE: BGC) today announced that the parties have been informed that they have obtained clearance from the Committee on Foreign Investment in th
Jun 01, 2018 14:20 KST
Ascend to Grow Adiponitrile (ADN) Capacity by 220 Kilotons by 2022
Ascend Performance Materials, the world’s largest fully integrated producer of nylon 6,6 resin, today announced plans for expanding its ADN capacity through 2022. In total, Ascend will grow its ADN ca
Jun 01, 2018 13:45 KST
Hallstar To Divide Beauty & Personal Care And Industrial Solutions Business Into Separate Companies
Specialty chemical company Hallstar has announced an upcoming change to the organization of its global business, as well as new leadership roles. On October 1, 2018, Hallstar will begin to operate as
May 24, 2018 14:55 KST
General Cable Responds to Speculation Regarding Alleged Investigation
General Cable Corporation (NYSE: BGC) (“General Cable” or “the Company”) today issued the following statement in response to a recent press report about an alleged new investigation by the United Stat
May 23, 2018 21:05 KST
Nordson EFD Introduces New GV Series Gantry Fluid Dispensing Robot with Vision
Nordson EFD, a Nordson company (NASDAQ: NDSN), the world’s leading precision fluid dispensing systems manufacturer, introduces the vision-guided GV Series automated fluid dispensing gantry robot. Spec
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