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Technical University of Munich, Oerlikon, GE Additive and Linde to establish additive manufacturing cluster in Bavaria

3D printing is changing the way we manufacture


The Technical University of Munich (TUM), Oerlikon, GE Additive and Linde are collaborating to create an additive manufacturing cluster. This cluster is a grouping of companies and organizations that will conduct research on and develop additive manufacturing technology from a single hub ...


ABB to acquire GE Industrial Solutions

Purchase price of $2.6 billion


ABB announced the acquisition of GE Industrial Solutions, GE’s global electrification solutions business. GE Industrial Solutions has deep customer relationships in more than 100 countries and an established installed base with strong roots in North America, ABB’s biggest market. GE Industrial ...


GE Aviation to Build Unique Materials Factories

Enables GE to produce ceramic matrix composite components (CMCs) in high volume


GE Aviation is creating adjacent factories in Huntsville, Alabama, to mass-produce silicon carbide (SiC) materials used to manufacture ceramic matrix composite components (CMCs) for jet engines and land-based gas turbines. GE Aviation will invest more than $200 million to construct two factories ...


Using neutrons to peer inside a battery designed for hybrid locomotives

Study is a collaboration between General Electric and Technische Universitaet Muenchen


Rechargeable batteries may soon provide greater energy efficiency not only for road traffic, but also for rail transport. Scientists at the research neutron source FRM II of the Technische Universitaet Muenchen (TUM) are taking a closer look at a high performance rechargeable battery for future ...


GE Healthcare to acquire Whatman plc

Recommended acquisition at 270p per share in cash


GE Healthcare, a unit of General Electric Company , and Whatman plc announced that they have reached agreement on the terms of a recommended acquisition of Whatman by GE Healthcare. Under the terms of the transaction, each Whatman shareholder will receive 270 pence in cash for each Whatman share, ...


BASF further expands its position for engineering plastics in Europe

Acquisition of SABIC Innovative Plastics' shares in the joint venture for PBT production in Schwarzheide


BASF has signed an agreement with SABIC Innovative Plastics on the acquisition of SABIC Innovative Plastics' shares in the PBT joint venture, BASF GE Schwarzheide GmbH & Co. KG. PBT (polybutylene terephthalate) is an engineering plastic. The shares will be transferred on December 31, 2007, ...


GE, Bechtel to Collaborate on New Polygeneration Facility

Proposed TransCanada Project in Saskatchewan to Feature CO2 Recovery


GE Energy and Bechtel Overseas Power Corp. have signed a project development agreement with TransCanada Corporation of Calgary to develop the first polygeneration facility in Canada with the ability to use petroleum coke and incorporate carbon capture and storage. The proposed polygeneration ...


Launch of Sabic Innovative Plastic expands Sabic's global presence


Saudi Basic Industries Corporation (SABIC) announced the completion of its purchase of GE Plastics from General Electric for a purchase price of US$11.6 billion. The announcement was made by SABIC Chairman, HH Prince Saud bin Abdullah bin Thenayan Al-Saud. The former GE unit is now SABIC ...


Bayer MaterialScience is to transfer EXATEC shares to GE Plastics


Bayer MaterialScience is to transfer its shares in EXATEC to GE Plastics. This transaction will be completed subject to the approval of the relevant antitrust authorities. No statement will be made concerning the financial aspects. With this decision, Bayer MaterialScience has opted to carry out ...


GE, Mitsui Chemicals and Nagase Reach Agreement on their Japan Joint Ventures


GE, Mitsui Chemicals, Inc. (MCI) and Nagase & Co., Ltd. announced that they have reached the following agreement regarding their Japanese joint ventures GE Plastics Japan Ltd. (GEPJ) and GEM PC Ltd. (GEMPC). GE has acquired the entire equity interests of MCI and Nagase in GEPJ thereby increasing ...


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