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Wacker expands its specialty silicone manufacturing capacities in China

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.

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M. Holland sells off 3D Printing group to Interfacial Consultants

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.

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Newsrss1Tire Technology & Manufacturing

Egypt announces €1 billion tire factory to be built in the Suez Canal Economic Zone

Egypt’s Main Development Company for the Suez Canal Economic Zone (SCZONE) signed a contract with Rolling Plus for chemical industries to build a tire manufacturing plant for passenger cars and light and heavy vehicles with €1 billion ($1.07 billion) investments in Ain Sokhna, read an official statement on Wednesday.

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Enviro and Siemens sign MOU regarding cooperation around the European expansion plan

Scandinavian Enviro Systems and Siemens has signed a MOU, memorandum of understanding, regarding a collaboration in support of the European expansion plan that Enviro announced earlier this year together with Antin Infrastructure Partners. Through the collaboration, Enviro gets access to Siemens’ extensive experience in automation and digitalization for efficient industrial production.

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Carbon Black, Silica & Reinforcing MaterialsMarket ReportsNewsrss1

Global carbon black market set to reach $46.9 billion by 2033

The carbon black market is characterized by high competition and fragmentation, with numerous global companies operating within it. Competition is driven by factors such as product quality, pricing, innovation, and brand reputation. Notable developments in the market include Birla Carbon’s launch of the Birla Carbon Specialty Blacks product line, featuring high-performance specialty carbon blacks for various industrial applications, and Cabot Corporation’s introduction of the TransfinityTM series of carbon black products, designed to enhance performance and processing efficiency in the tire and rubber industries.

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