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Wacker Chemie AG to expand capacity for silicon metal at Norway facility

Wacker Chemie AG is preparing to expand its production capacity for silicon metal at Holla, Norway. The Munich-based chemical company has already started a feasibility study to this effect. The construction of a new furnace is planned, which will increase capacity in Holla by around 50 percent of its current level. The feasibility study also examines how the infrastructure in Holla can be developed in order to accommodate any further expansion measures in the future. To this end, consultations are also being held with the local authorities on the adapted zoning plan and with energy suppliers. If these preparations are completed as planned and the expansion measures are approved by the authorities, the decision to build the new furnace could be taken toward the end of the year. It would then be scheduled for completion in 2025.

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Dr. Theodore Duclos, Chief Technology Officer for Freudenberg Sealing Technologies to retire

Freudenberg Sealing Technologies announced that Dr. Theodore Duclos, Chief Technology Officer (CTO), has elected to retire from the company on June 30 after more than 25 years of service. Dr. Duclos, who is recognized for championing innovative approaches to technology and manufacturing processes, has agreed to continue in an advisory role with Freudenberg’s e-Power Systems Business Group.
“Dr. Duclos distinguished himself as both an exceptional Chief Technology Officer and as a visionary, yet practical, manufacturing executive throughout his Freudenberg career,” said Claus Möhlenkamp, Chief Executive Officer (CEO). “His support for lean systems, flexible manufacturing and core technology and innovation programs has contributed to Freudenberg’s success as a future-oriented, global sealing specialist.

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Royal DSM announces €2.50 dividend

Royal DSM confirmed its resolution to declare a dividend for the financial year 2021 of €2.50 per ordinary share at its Annual General Meeting of Shareholders. This represents an increased dividend versus the €2.40 paid for 2020. An interim dividend of €0.80 per ordinary share having been paid in August 2021, the final dividend thus amounts to €1.70 per ordinary share.

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Yokohama begins field trials of marine hoses and conveyor belts with built-in RFID

The Yokohama Rubber Co., Ltd., has begun field trials of its marine hoses and conveyor belts with built-in RFID. The field trials, conducted with cooperation from users in Japan and abroad, seek to verify that internal conditions of marine hoses and conveyor belts that cannot be confirmed by normal inspections. Through this trial, Yokohama Rubber will demonstrate that it can remotely detect minute changes of conditions of the products while in operation using its own RFID technology.

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