COVID-19 has drastically changed the landscape for businesses across all industries, forcing immediate changes — but ones that will have long-term consequences. In the latest report by Boston-based Lux Research, “The Impact of COVID-19 on Tech Innovation,” Lux outlines five key trends that will define how the world beyond the pandemic will be different.
Saipem of Milan has acquired a proprietary technology for CO2 capture from the Canadian company CO2 Solutions Inc. (CSI). Quebec City-based CSI of is an innovator in the field of enzyme-enabled carbon capture, actively working to develop and commercialize the technology for stationary sources of carbon pollution.
The Sabic polycarbonate facility in Cartagena, Spain, is set to become the world’s first large-scale chemical production site to be run entirely on renewable power, following the signing of a major agreement.
Interroll has completed construction on its second plant on their campus in Hiram (Atlanta) Georgia. The 11 million dollar investment gives Interroll a substantial increase in capacity for the region.
Bridgewater, N.J.-based Henkel Adhesive Technologies recently broke ground for a new production area for UV-curable acrylic pressure sensitive adhesives (PSA) at its site in Salisbury, NC. The new facility is expected to be operational by the end of 2021.
Birmingham, AB-based Motion Industries, Inc., a distributor of maintenance, repair, and operation replacement parts and a wholly owned subsidiary of Genuine Parts Company, has announced two acquisitions.
According to a report by Canadian Manufacturers and Exporters (CME), manufacturing sales rose by a record 20.7% to $48.7 billion in June, extending the 11.6% gain in May. After removing the effect of prices, manufacturing volumes rose 18.4%.
Teadit North America of Pasadena, TX, has promoted Robbie Riggs to the position of vice president of sales and marketing. Working closely with the regional sales managers and technical support team, Riggs will have responsibility for all market strategies and sales performance.
Curtiss-Wright has announced that it has been awarded contracts valued in excess of US$220 million to provide propulsion valves, pumps and advanced instrumentation and control systems for the U.S. Navy’s Virginia-class nuclear powered attack submarine, Columbia-class submarine and Ford-class aircraft carrier programs.
Phillips 66 of Houston, a diversified energy manufacturing and logistics company, plans to reconfigure its San Francisco Refinery in Rodeo, CA, to produce renewable fuels. The plant would no longer produce fuels from crude oil, but instead would make fuels from used cooking oil, fats, greases and soybean oils.