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Black Bear raises 11 million Euro to solve the global waste tire problem and slash CO2

The Dutch company aims to scale up its unique “Tire to Carbon Black” technology

07-Sep-2018

Every year, 1.5 billion tires reach the end of their life. The vast majority get dumped or incinerated, releasing massive amounts of CO2 and destroying highly valuable resources. To solve this waste tire problem, Black Bear has developed a unique carbonization process to transform used tires into ...

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Bayer completes biggest acquisition in its history

Group sales and earnings increase

05-Sep-2018

Bayer successfully completed the biggest acquisition in its history in the second quarter of 2018, while operational performance improved, even without taking into account the newly acquired Monsanto business. Sales advanced at three of the four segments on a currency- and portfolio-adjusted ...

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Climeworks raises USD 30.8M to commercialize carbon dioxide removal technology

29-Aug-2018

Climeworks AG announced it has raised CHF 30.5 million in equity funding, from a group of existing and new private investors as well as Zurich Cantonal Bank. The successful financing round brings the Swiss company another step closer to achieving its vision of capturing one percent of global CO2 ...

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Agilent completes acquisition of Young In Scientific assets

21-Aug-2018

Agilent Technologies Inc. announced that it has completed its acquisition of the Agilent-related business from Young In Scientific Co. Ltd. and its affiliates (“YI Scientific”). YI Scientific is a distributor of analytical and scientific instruments in South Korea and a long-time distributor of ...

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Merck: Slight increase in Group sales

Exchange rate effects lower sales and earnings in the first half of 2018

09-Aug-2018

Merck reported solid organic sales growth for the second quarter of 2018 and a slight increase in sales despite considerably negative foreign exchange effects. EBITDA pre declined in comparison with the year-earlier quarter and was also impacted by foreign exchange effects. Merck confirmed its ...

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Evonik: Strong results for the second quarter

03-Aug-2018

Evonik increased adjusted EBITDA to €742 million in the second quarter of 2018 (prior-year: €640 million). All three chemical segments contributed with excellent operational business development: All three segments were able to increase their adjusted EBITDA as well as EBITDA margin compared to ...

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Following a good second quarter, LANXESS specifies its earnings forecast for 2018

Net income increased very sharply to EUR 126 million

02-Aug-2018

Following a good performance in the second quarter, specialty chemicals company LANXESS has specified its earnings forecast for 2018. The Group now expects an increase of the operating result at the upper end of the guidance of five to ten percent that was presented in May. In the previous year, ...

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BASF Group records slight sales and earnings growth

31-Jul-2018

In the second quarter of 2018, BASF Group achieved a slight increase in sales and earnings. “Compared with the second quarter of 2017, sales rose by €518 million to €16.8 billion,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE. This was driven by higher ...

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Metrohm acquires B&W Tek

30-Jul-2018

Metrohm AG from Herisau, Switzerland and B&W Tek from Newark in Delaware, USA are pleased to announce the acquisition of B&W Tek’s Spectroscopy Solution Business, B&W Tek LLC, as well as several overseas subsidiaries. This acquisition contributes to the strategic growth of Metrohm enhancing the ...

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Waters acquires DESI-MS technology from Prosolia

Desorption Electrospray Ionization (DESI) imaging gives deeper biological insights

25-Jul-2018

Waters Corporation, Prosolia, Inc. and the Purdue Research Foundation announced that Waters® acquired exclusive rights to Desorption Electrospray Ionization (DESI) technology for all mass spectrometry applications from Prosolia and PRF. "The acquisition of DESI technology bolsters Waters' ...

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