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Merck Announces Investment of EUR 20 million to Expand its R&D and Manufacturing Site in Shizuoka, Japan

New investment to advance and accelerate innovations in the electronic materials space

16-Apr-2021

Merck announced an investment of EUR 20 million to expand research and development and manufacturing capabilities at its site in Shizuoka, Japan. As part of this plan, new infrastructure will be built to advance and accelerate innovations in the electronic materials space. The investment is ...

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High-tech start-ups benefit from Twitter hype

Study shows correlation between Twitter sentiment and the valuation of start-ups by venture capitalists

18-Feb-2021

The short message service Twitter has played a prominent role in US politics in recent weeks and months and attracted a lot of attention. Even in business, Twitter users' tweets are being closely followed and used as a basis for decision-making. A new study shows that venture capitalists can also ...

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Merck announced an investment of €18 million at its site in Tempe, Arizona

Merck strengthens site in Tempe as key strategic production and R&D hub for semiconductor materials in the United States

11-Feb-2021

Merck announced an investment of €18 million at its site in Tempe, Arizona, USA. Merck previously leased the 28,000 square-meter facility from Lexington Tempe L.P. This investment gives Merck the flexibility to invest in its production facilities and strengthen its R&D capabilities in its global ...

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NETZSCH Invests 50 Million Euros in the Plant Centralization in Waldkraiburg

09-Dec-2020

On 27 November 2020, the shareholders' meeting of the NETZSCH Group approved the centralization of the facilities in Waldkraiburg. With an investment of 50 million Euros, a new production unit will be built on Geretsrieder Straße, integrating the assembly hall and offices from the current plant ...

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Merck Announces € 20 Million OLED Manufacturing Expansion in Korea and China

Additional OLED sublimation units will help meet customer demand in the growing OLED market of Asia

29-Oct-2020

Merck announced a € 20 million expansion of its OLED (organic light-emitting diode) manufacturing capacity at its sites in Pyeongtaek, Korea and Shanghai, China. Additional sublimation units will be built to help meet customer demand in the growing OLED market. With the investment, Merck will ...

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BASF to increase production capacity for synthetic ester base stocks in Jinshan, China

Capacity to be almost doubled

13-Oct-2020

BASF will almost double the production capacity for its synthetic ester base stocks at its site in Jinshan, China. The investment comes in response to the rising demand for high-performance lubricants in Asia Pacific and further strengthens BASF’s position as a reliable supplier that strongly ...

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Pyrolysis oil from waste tires as additional raw material source

BASF invests into Pyrum as part of its ChemCycling project

23-Sep-2020

BASF SE is to invest €16 million into Pyrum Innovations AG, a technology company specialized in the pyrolysis of waste tires, headquartered in Dillingen/Saar, Germany. With the investment, BASF will support the expansion of Pyrum’s pyrolysis plant in Dillingen and the further roll out of the ...

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LANXESS plans to expand capacity for Oxone monopersulfate - a main active ingredient for disinfectants

Significant increase in demand due to African swine fever and corona pandemic

16-Sep-2020

Due to the continuous strong demand for disinfectants, specialty chemicals company LANXESS is planning to expand its production capacity for Oxone monopersulfate by around 50 percent. To this end, the company intends to invest a lower double-digit million euro sum in its production facility in ...

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BASF’s battery materials plants in Europe advance as planned

Construction started in Harjavalta, Finland and secured building permit for plant in Schwarzheide, Germany

16-Jun-2020

Preparations and construction of BASF’s battery materials plants in Europe are advancing as planned. After the casting of the foundation for its precursor cathode active material (PCAM) plant in Harjavalta, Finland, BASF has officially started construction. In addition, BASF has secured the ...

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Climeworks raises CHF 73M

The largest ever private investment into direct air capture

04-Jun-2020

Climeworks has successfully raised CHF 73 million (USD 75 million) in equity from private investors. This is the largest private investment into direct air capture to date. The funding will help to drive forward the company’s scale-up roadmap and expand its carbon dioxide removal ...

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