“In view of the problems with global supply chains, we took a cautious approach at times and ultimately managed to do pretty well in terms of sales.” That’s how CEO Peter Fenkl describes the year 2021. The electric motor and fan manufacturer in Southern Germany generated sales of 716 million euro (previous year: 639...
Solvay, a global leader in naturally-derived beauty polymers, expands its range of biodegradable guar-based solutions, introduced in December 2021, with two additional thickening and conditioning polymers for beauty care. The two new ingredients, Jaguar NAT SGI and Jaguar Excel, will enable beauty brands to address...
Pharma and medical technology specialist Gerresheimer has established small series production at its Technical Competence Center at its Peachtree City, Georgia location. Small quantities of products can now be manufactured under series conditions and in ISO class 8 cleanroom. During the development and approval of...
As numerous industry players prepare to gather in Berlin for fruit logistica (5-7 April, 2022), the world’s leading trade fair for the fresh fruit industry, the Westfalia Fruit Group will be unveiling a collection of innovative initiatives as part of its drive towards sustainable production. In one key initiative,...
Together with 24 German research institutions and companies, the Fraunhofer Institute for Photonic Microsystems IPMS is working on a quantum computer with improved error rates in the collaborative project "QSolid" coordinated by Forschungszentrum Jülich. The goal is to make Germany a global leader in the field of...
TTP Group introduces the new top management of its subsidiary Venturis IT. Stephan Decker moves up to the management board and takes over the position from Dr. Andreas Bonhoff, CEO of TTP Group, who has chaired the company as interim managing director for one and a half years. Stefan Eisen is the new COO, Ulrich...
Beviale Moscow, the first holistic trade fair for the Russian beverage market, is being suspended indefinitely in light of current events. It will not take place, as planned, from March 29 to 31, 2022, in Pavilion 57 of the VDNH event center in Moscow. In its sixth edition, Beviale Moscow was well on its way to...
The management of the Schmersal Group has instructed the sales partner for Russia to stop the supply of safety switchgear and systems to the customers located in Russia. Managing Director Philip Schmersal: "In the past, we have worked together with our customers in Russia in a trusting manner via our sales partner. The...
BASF and Heraeus have agreed to form a joint venture (BASF: 50%; Heraeus: 50%) to recover precious metals from spent automotive catalysts. The new company named BASF Heraeus (China) Metal Resource Co., Ltd will be set up in Pinghu, China. The founding of the legal entity is targeted in Q1 2022, following the approval...
The South African energy and chemical company Sasol sells its German subsidiary Sasol Wax to Awax, an international group specialized in developing, producing and distributing wax products. The company with two production facilities in Hamburg, Germany, one in the UK and one in Austria will operate under the name Hywax...