LTHS will license from LG Chem and Toray the technologies necessary to produce separators for LG Group lithium-ion batteries.  (Source: Pixabay)
Business Strategy

Toray, LG Chem to Form 50:50 JV for Battery Materials

Toray and LG Chem have plans to establish a joint venture – LG Toray Hungary Battery Separator for the manufacture and sales of battery separator film which are used in automotive lithium-ion batteries. For this, LG Chem will invest 375 million dollars in Toray Industries Hungary, a 100 % subsidiary of Toray which will then establish the joint venture.

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With the acquisition of Witte, Maag will establish a new integrated Gear Pumps business unit, which will be led by the Managing Director and former owner of Witte Pumps & Technology, Dr. Sven Wieczorek.  (Source: Pixabay)
Acquisition

Maag Pump Systems Takes Over Witte Pumps & Technology

With the acquisition, Maag Pump Systems will form a new integrated Gear Pumps business unit which will be led by the Managing Director and former owner of Witte Pumps & Technology. The deal is expected to expand Maag’s product portfolio, enhance its technical and manufacturing capabilities and also extend its global footprint.

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The new Smartvane vacuum pump from Pfeiffer Vacuum: Hermetically sealed pump housing for absolute cleanliness. (Source: Pfeiffer Vacuum )
Pumps

New Rotary Vane Pump for Mass Spectrometry

Pfeiffer Vacuum has launched a new Smartvane rotary vane pump for mass spectrometry which comes equipped with a hermetically sealed pump housing. Ideal for applications in environmental, food, pharmaceutical and clinical analytics, the pump ensures zero leakage.

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