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The Board of Directors of The French Oil Mill Machinery Company, a renowned equipment manufacturing company, is pleased to announce the election of Tayte French Lutz as Vice Chair and Chief Executive Officer (CEO) during their meeting held on September 21, 2023. Tayte French Lutz, who previously served as Vice President of the company, will now lead the organization as its CEO, succeeding her father, Daniel P. French. Dan French maintains his role as Chairman of the Board.

Wacker Chemie AG is expanding its specialty silicone manufacturing capacities in China. A kick-off event today at the Zhangjiagang site in Jiangsu Province marks the start of construction of several new production lines, where the globally operating chemical group will manufacture functional silicone fluids, silicone emulsions and silicone elastomer gels. Investments of some €150 million have been earmarked for the expansion project. The project has already received all necessary permits from local authorities. The new facilities are scheduled to come on stream in the second half of 2025.

The proposed plan will change the Company’s operating model to a third-party distribution and retail sales model instead of a company-owned approach. The proposed plan will lead to a reduction of approximately 700 positions, the exit of nine warehouse locations, and the sale or exit of approximately 100 retail and fleet store locations

M. Holland Company announced that Interfacial Consultants LLC, a leading material science-based products and services company, is acquiring M. Holland’s 3D Printing group. Interfacial is a NAGASE Group company providing advanced materials and manufacturing process solutions. The acquisition leverages M. Holland’s expertise in industrial markets with Interfacial’s advanced additive manufacturing technology.

The new Freeport MDI facility, which replaces Dow’s North America capacity in La Porte, Texas, will supply an additional 30% of product to Dow’s customers. In coordination with the start-up of the new MDI facility, Dow shut down its polyurethane assets at the La Porte site.