Honeywell has plans to separate its Automation and Aerospace Technologies business to establish two separate companies. In addition to this, Advanced Materials, previously announced to be spun, will also be established as a separate firm.

The four Covestro sites that are now running completely on renewable energy are all based in the USA and include the sites of Channelview, Texas; South Deerfield, Massachusetts; New Martinsville, West Virginia and Pittsburgh, Pennsylvania.

Bentley’s Digital Twin applications digitized factory operations to save CNY 6 million in annual management costs and support sustainable practices.

The Pepperl+Fuchs Group has introduced Tab-Ex 05, a new tablet which offers 5G support. Designed for use in hazardous areas, the tablet is capable of meeting the high demands of digitalized process chains in IOT and Industry 4.0 scenarios.

Siemens has entered into an agreement to acquire Altair Engineering, a global leader in computational science and artificial intelligence software. With this move, the company intends to strengthen its position as a leading technology firm.

Covestro has invested a low triple-digit million Euro amount to expand its Hebron site in Ohio, USA. With this, the company will increase its capacity in the Solutions & Specialties business for the American market.

Edgecom Energy is claimed to be the first in the market to make use of a generative AI copilot to help industrial and commercial users manage and reduce peaks in their power demand. ABB has made a minority investment in Edgecom through ABB Electrification Ventures.

Metso recently opened a digital design and development studio in Poland. This new studio will focus on software development, design, data, UX design and AI, thus meeting customer demands for advanced digital solutions.

Kemira has plans to move to three externally reported business units: Water Solutions, Packaging & Hygiene Solutions and Fiber Essentials. With an aim to further strengthen its operational backbone, the company has established a centralized Operations unit which includes Kemira’s manufacturing network, Sourcing and Supply Chain Management.

With an aim to strengthen Nextchem’s funding power to support investments in technological innovation and R&D, the company has recently undertaken a new 125-million -euro loan which is backed by Sace’s guarantee.