Both the companies have also signed a MOU to deepen strategic cooperation along the polyester raw materials value chain. Together they will also promote low-carbon products in China for the benefit of the environment.

Under the terms of the contract, Technip FMC is expected to support Kem One’s licensing efforts as well as prepare its Process Design Packages.

The M&A-boom in the chemical industry won't come to an end: After reaching record levels in 2015, the next wave of mergers and transactions might be even bigger. But not all takeovers are created equal: Certain factors distinguish successful corporate takeovers and mergers.

Evonik will increase its annual production capacity for precipitated silica at the existing site in Adapazari (Turkey) by 40,000 metric tons, investing a sum in the lower double-digit million euro range.

While deep drill operations reach far down underground, the space at the well –head is confined and costly. A huge problem for control systems in the operator cabin. So why not integrate them into the only piece of furniture that has to be there anyway — the operator’s chair? This is exactly what a cooperation of a drill specialist and an automation supplier for Ex areas came up with.

Many companies in the industrial ecosystem fail to take the necessary steps to minimize their security risks. In an effort to accelerate commissioning time, many companies do not even take advantage of a product’s built-in security features. Know more about best practices to secure the plant against cyber risks.

One solution for handling fluctuations in the generation of solar energy is to store the energy in the form of hydrogen. For the economical application of this technology, it is however necessary to increase the efficiency of direct solar water-splitting. An international team of scientists has now succeeded in increasing this value to a new record level.

The Indo-German bilateral relations have strengthened over the years and what boosts these trade relations further are, trade fairs. These trade fairs support German companies foraying into the Indian market and vice-versa by offering them a platform to network and present themselves to a wider audience. Here’s a look at how trade exhibitions help businesses to expand their international base...

Thyssenkrupp Industrial Solutions about the trends, opportunities and challenges facing Thyssenkrupp Industrial Solutions — Asked Helmut Knauthe, Head of Technology, Innovation and Sustainability, sees the business unit’s customer proximity and concerted efforts to boost its competitiveness, develop products and services tailored to customers’ needs, and research into areas such as resource efficiency, renewable energies, climate protection and digitization as key to delivering better technological solutions.

Prof. Peter Groche, leader of the Institute for Production Technology and Forming Machines (PtU) at Darmstadt TU, is certain that “the move towards autonomous production is a holistic challenge for society”. The Institute is a member of the Scientific Society for Production Technology (WGP), which this summer will publish its viewpoint paper on Industry Workplace 2025.