Industry News

Find out the latest news from our member companies and affiliated organizations.

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Curing and matting in seconds with UV and Excimer technology

PaintExpo 2020: IST Metz presents a wide range of UV solutions for industrial coatings.

UV and LED Technology for Printed Electronics

LOPEC 2020: IST Metz presents water and air-cooled UV technology in different performance classes.

Covestro goes for green electricity

The world's largest corporate supply contract for offshore wind energy.

ALTANA CO2 Neutral by 2025

CO2 Neutral Altana
By 2025 the specialty chemicals group ALTANA will reduce its CO2 impact from production and energy procurement worldwide to zero. Already in 2020, the company’s entire power supply will be converted to renewable energies. ALTANA will compensate for the unavoidable use of natural gas until 2025 by financing equivalent climate protection projects in the regions where CO2 emissions are generated. The same applies to offsetting CO2 emissions arising from necessary business trips, company cars, and the transport of goods. The specialty chemicals group will thus achieve climate neutrality in its direct sphere of influence by 2025.

Circularise, Covestro and Domo showcasing plastics traceability solution at CES 2020

UV Strahlen
Circularise PLASTICS initiative is entering the next stage. The collaborative project for circularity in plastics founded by polyamide supplier DOMO, materials manufacturer Covestro and Circularise, a supply chain transparency start-up, has reached the first milestone. With the support from the founding members Circularise successfully developed the first version of the platform tailored to the plastics industry. The group is piloting the system this year and demonstrating it on the market in a production environment in early 2020. At CES 2020 (Las Vegas, January 7-10), Circularise (Holland Tech Square, Eureka Park, booth 51726) and Covestro (Smart Cities, Tech East, booth 313) will present the project to customers and open the consortium for new partners to join on the pathway towards transparency and circularity in plastics.

ALTANA division ELANTAS Bolsters India Business

UV Strahlen
ELANTAS, a division of the specialty chemicals group ALTANA, is acquiring the wire enamels activities of Hubergroup India and thus growing its business in India. The products taken over will be manufactured at the Ankleshwar production site of ELANTAS Beck India Ltd. In 2018, the wire enamels business of Hubergroup India achieved sales in a one-digit million euro range.

ALTANA Acquires Overprint Varnish Specialist Schmid Rhyner AG

Schmid Rhyner
The specialty chemicals group ALTANA is taking over the Swiss overprint varnish specialist Schmid Rhyner AG, thereby strategically expanding its ACTEGA division. “In acquiring Schmid Rhyner, we are continuing to systematically pursue the ALTANA strategy of generating value-creating growth through targeted acquisitions,” says Martin Babilas, CEO of ALTANA AG.

Fraunhofer starts development of refrigerant-free, energy-efficient electrocaloric heat pumps

Fraunhofer
Heat pumps play a decisive role in the energy transition: Sustainably generated electricity provides heat in winter and a good climate in summer. Nowadays, heat pumps work almost exclusively on the basis of compressor technology. Compressors require harmful refrigerants, the use of which will be restricted even more by law in the future. In the Fraunhofer ElKaWe lighthouse project, six Fraunhofer Institutes are developing highly efficient electrocaloric heat pumps, which do without harmful refrigerants.

IGM officially broke ground on its new production facility in China

The official ground-breaking ceremony for IGM’s new greenfield site in Anqing, Anhui Province in China took place on 23rd October.

Perstorp breaks ground in India to significantly boost Penta business

• New Gujarat Penta plant will secure a long-term presence in the growth region of Asia. • State-of-the-art plant for production of Penta, including the renewable grade, Voxtar™, providing up to 60% reduced carbon footprint. • Construction commenced in October this year, with commercial production planned to start in Q1 2022.