The 33rd edition of SPS Smart Production Solutions, a magnet for the industry for intelligent and digital automation, has come to an end. With 1,114 exhibitors, around 100 companies fewer than last year presented their innovations. However, the number of visitors increased slightly to 51,300. “In view of the current challenging economic situation in industry, the increase in visitor numbers...
In the third quarter of this year, Evonik again earned significantly more than in the same period of the previous year. Group sales increased by two percent to €3.83 billion. Prices remained stable, while sales volumes rose by five percent. Adjusted Ebitda increased by 19 percent to €577 million from July to September. As a result, the specialty chemicals group reached the level of the second...
Ifm and the Schuler Group have now agreed to work together to monitor and improve quality in press shops through digitalization. The aim is to offer customers greater transparency and increase efficiency in sheet metal forming. Presses for sheet metal forming are among the most important machines in all industries in which sheet metal is processed. Schuler has over 180 years of experience in...
Following a positive first half of 2024, the third quarter also went well for Krones. The company remained on a profitable growth path and, after the first nine months, confirms the group's financial targets for the full year 2024. The strong revenue growth continued from July to September 2024. At more than €1.3 billion, revenue increased by more than 13 per cent compared to the previous year...
Siemens has signed an agreement to acquire Altair Engineering, a provider of industrial simulation and analysis software. The acquisition is to be carried out by purchasing Altair shares. Siemens will spend around ten billion dollars on the deal. The purchase is intended to strengthen the company's position as a leading technology company and its leading role in the field of industrial software.
In the third quarter, the EBITDA before special items for the BASF Group rose by €77 million to €1.6 billion due to significantly higher contributions from the core businesses Chemicals, Materials (high-performance plastics), Industrial Solutions and Nutrition & Care. “The positive earnings momentum in our core businesses was already visible in the first half of 2024 and continued in the third...
Perstorp Group announces new leadership within its Animal Nutrition business, with Ian Atterbury joining as Senior Vice President, effective January 13th, 2025. Atterbury is an established executive leader and has over 30 years’ experience in the animal nutrition industry. He has been working globally for the majority of his career. Additionally, he has a strong background in leading and growing...
Roche increased its sales by two percent to almost CHF 45 billion in the first nine months of 2024. Adjusted for currency effects, the pharmaceutical company achieved sales growth of six percent from January to September. Strong demand for modern medicines and diagnostics more than offset the expected decline in Covid-19 sales and the effects of erosion by biosimilars/generics. These include...
Manufacturers of modern microchips are constantly facing new challenges, including in the electrical connections required for them. BASF and Fraunhofer IPMS have therefore been working together on this issue for ten years. By combining their infrastructure and expertise, they enable industry-oriented evaluation of chemicals, as well as process and product tests for chip integration. Together, they...
From 8 to 15 October 2025, the global plastics and rubber industry will meet in Düsseldorf for K, the world's most important trade fair for the industry. Preparations for K 2025 in Düsseldorf are in full swing. The exhibition space is already fully booked a year in advance. A number of new and established special shows are planned under the motto ‘The Power of Plastics! Green - Smart - Responsible...
