Polymer

DGAP-News: Wacker Chemie AG: WACKER Ends Q3 2021 With Strong Sales And Earnings Growth

Thursday, October 28, 2021 - 7:01am

GROUP SALES FOR Q3 2021 REACH 1.66 BILLION, UP 40 PERCENT YEAR OVER YEAR

Key Points: 
  • GROUP SALES FOR Q3 2021 REACH 1.66 BILLION, UP 40 PERCENT YEAR OVER YEAR
    FULL-YEAR FORECAST FOR 2021 CONFIRMED: WACKER EXPECTS GROUP SALES OF AROUND 6 BILLION AND EBITDA OF BETWEEN 1.2 BILLION AND 1.4 BILLION
    Munich, October 28, 2021 - Wacker Chemie AG ended Q3 2021 with strong growth in sales and earnings thanks to continued high customer demand across all business divisions.
  • Net income for the quarter amounted to 248.7 million (Q3 2020: 67.7 million) and earnings per share came in at 4.90 (Q3 2020: 1.30).
  • In Q3 2021, WACKER SILICONES generated total sales of 680.2 million (Q3 2020: 547.7 million), up 24 percent year over year.
  • The EBITDA margin for Q3 2021 was 23.6 percent, after 16.5 percent in Q3 2020 and 20.6 percent in Q2 2021.

Orion Engineered Carbons Announces CFO Transition, Appointment of Robert Hrivnak as Interim CFO

Wednesday, October 27, 2021 - 9:35pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211027006009/en/
    Bob Hrivnak Interim Chief Financial Officer at Orion Engineered Carbons (Photo: Business Wire)
    "We appreciate the contributions Lorin made to the company during his tenure, CEO Corning Painter said.
  • He has provided strong strategic financial leadership and played an integral role on our leadership team for the past two years.
  • The company also announced that Bob Hrivnak has been named Interim CFO effective immediately.
  • Orion has initiated a search to permanently fill its CFO position.

Reverse Osmosis (RO) Membrane and Component Market Size to Reach Revenues of USD 18.91 Billion by 2026 - Arizton

Wednesday, October 27, 2021 - 4:00pm

CHICAGO, Oct. 27, 2021 /PRNewswire/ -- The reverse osmosis (RO) membrane market is expected to grow at a CAGR of over 10.06% during the period 20202026.

Key Points: 
  • CHICAGO, Oct. 27, 2021 /PRNewswire/ -- The reverse osmosis (RO) membrane market is expected to grow at a CAGR of over 10.06% during the period 20202026.
  • In terms of end-user, water & wastewater treatment segment dominated the global RO membrane & components market in 2020 and is expected to add over USD 4.41 billion revenue during the forecast period.
  • The Middle East & Africa dominated the overall RO membrane & components market with a share of 35.82% in 2020 in terms of revenue.
  • Market Segmentation A detailed analysis by membrane type, components, end-user, and geography
    The TFC membrane, however, suffers from compaction effects under pressure.

Reverse Osmosis (RO) Membrane and Component Market Size to Reach Revenues of USD 18.91 Billion by 2026 - Arizton

Wednesday, October 27, 2021 - 4:00pm

CHICAGO, Oct. 27, 2021 /PRNewswire/ -- The reverse osmosis (RO) membrane market is expected to grow at a CAGR of over 10.06% during the period 2020−2026.

Key Points: 
  • In-depth analysis and data-driven insights on the impact of COVID-19 included in this global reverse osmosis (RO) membrane market report.
  • CHICAGO, Oct. 27, 2021 /PRNewswire/ -- The reverse osmosis (RO) membrane market is expected to grow at a CAGR of over 10.06% during the period 20202026.
  • In terms of end-user, water & wastewater treatment segment dominated the global RO membrane & components market in 2020 and is expected to add over USD 4.41 billion revenue during the forecast period.
  • The Middle East & Africa dominated the overall RO membrane & components market with a share of 35.82% in 2020 in terms of revenue.

VenoStent Embarks on Clinical Trial to Improve Success Rate of Vascular Surgery Outcomes

Tuesday, October 26, 2021 - 3:03pm

The clinical trial is testing the safety and efficacy of its 3D-printed bioabsorbable wraps in humans, a new methodology to improve surgical outcomes for hemodialysis patients.

Key Points: 
  • The clinical trial is testing the safety and efficacy of its 3D-printed bioabsorbable wraps in humans, a new methodology to improve surgical outcomes for hemodialysis patients.
  • This is a major milestone toward our mission to improve the quality and length of life for end-stage renal disease patients, as well as others needing vascular surgery.
  • The reason for this 60% failure rate is that the vein is not accustomed to, nor equipped for, the high pressure, high flow arterial environment.
  • VenoStents proprietary bioabsorbable scaffold goes around these blood vessels at the time of vascular surgery to aid in their arterialization process.

DGAP-News: CoroWare Subsidiary, CarbonMeta Research Ltd, Appoints Board of Director Members

Tuesday, October 26, 2021 - 2:32pm

OXFORD, ENGLAND and WOODINVILLE, WA / ACCESSWIRE / October 26, 2021 / CoroWare (OTC PINK:COWI) today announced that CarbonMeta Research Ltd, a wholly owned subsidiary of CoroWare that is based in Oxford, England, appointed Tiancun Xiao and Mohammed Khalil to the subsidiary's Board of Directors.

Key Points: 
  • OXFORD, ENGLAND and WOODINVILLE, WA / ACCESSWIRE / October 26, 2021 / CoroWare (OTC PINK:COWI) today announced that CarbonMeta Research Ltd, a wholly owned subsidiary of CoroWare that is based in Oxford, England, appointed Tiancun Xiao and Mohammed Khalil to the subsidiary's Board of Directors.
  • Dr Xiao has rich experiences in commercializing patent and transferring to industrial operation.
  • He co-founded Oxford Catalyst Ltd in 2004, now rebranded as Velocys.
  • "I could not be more excited to welcome and announce the appointments of Mr. Khalil and Dr. Xiao to the Board of Directors of CarbonMeta Research," said Lloyd Spencer, Chairman and CEO of CoroWare., "They bring decades of leadership in key areas such as strategy implementation, technology development, and operational management, all of which will be vital to the success of CarbonMeta Research and CoroWare."

Lightwave Logic CEO Dr. Michael Lebby to Chair PIC International Conference in Belgium on November 9-10, 2021

Tuesday, October 26, 2021 - 1:31pm

The 5th PIC International conference will build on the success of its predecessors, with industry-leading insiders delivering more than 30 presentations spanning 5 sectors.

Key Points: 
  • The 5th PIC International conference will build on the success of its predecessors, with industry-leading insiders delivering more than 30 presentations spanning 5 sectors.
  • At the conference, Dr. Lebby will lead a talk entitled "Increasing Power Efficiency with Electro-optic (EO) Polymers", focusing on the rapidly growing demand for improved power efficiency.
  • "This presentation is particularly relevant in today's market environment given the increasing urgency for increased power efficiency," said Dr. Lebby.
  • For more information or to register for the PIC International conference, please visit the event website at www.picinternational.net .

Brose and voxeljet AG Sign Beta Program for New VX1000 HSS 3D Printer for Additive Series Production of Polymers

Tuesday, October 26, 2021 - 1:00pm

voxeljet AG (NASDAQ:VJET) announces one of the first participants in the High Speed Sintering (HSS) Early-Access Beta Program for the VX1000 HSS.

Key Points: 
  • voxeljet AG (NASDAQ:VJET) announces one of the first participants in the High Speed Sintering (HSS) Early-Access Beta Program for the VX1000 HSS.
  • The new VX1000 HSS 3D printer has a significantly larger build volume and a much faster print speed than previous systems, enabling true series production.
  • (Photo: Business Wire)
    The aim of the HSS Beta Program is to test the features and capabilities of the VX1000 HSS in an extensively designed program for use in industrial production environments.
  • In addition to the production of prototypes and pilot series, Brose plans to implement the VX1000 HSS for series production.

Plastic Recycling: Plastic Energy, Freepoint Eco-Systems and TotalEnergies partner on Advanced Recycling Project in the U.S.

Tuesday, October 26, 2021 - 12:00pm

Under this agreement, Plastic Energy and Freepoint Eco-Systems plan to build an advanced recycling plant in Texas, which will transform end-of-life plastic waste into a recycled feedstock called TACOIL using Plastic Energy's patented technology.

Key Points: 
  • Under this agreement, Plastic Energy and Freepoint Eco-Systems plan to build an advanced recycling plant in Texas, which will transform end-of-life plastic waste into a recycled feedstock called TACOIL using Plastic Energy's patented technology.
  • Plastic Energy, Freepoint Eco-Systems and TotalEnergies are all firmly committed to developing plastics recycling to address the issue of plastic waste and to build a more circular and sustainable economy in the U.S. and globally.
  • "We are delighted to announce Plastic Energy's first project in the U.S., which is a region that has enormous potential for the plastic-to-plastic advanced recycling market.
  • Plastic Energyis a global leader in chemical recycling, offering a sustainable solution to help prevent plastic waste, transforming previously unrecyclable plastic waste into a valuable resource.

Bazan Group Inks Deal with UBQ Materials to Incorporate Climate Positive Thermoplastic into Resin Product Lines

Monday, October 25, 2021 - 1:30pm

Using an advanced patented conversion process, UBQ Materials turns unsorted landfill-destined municipal waste into UBQ, a climate-positive, cost-competitive, and fully recyclable thermoplastic.

Key Points: 
  • Using an advanced patented conversion process, UBQ Materials turns unsorted landfill-destined municipal waste into UBQ, a climate-positive, cost-competitive, and fully recyclable thermoplastic.
  • UBQ can be used both on its own and in conjunction with traditional resins made out of oil to offset the overall carbon emissions of end-products.
  • The UBQ thermoplastics will be incorporated into CAOL and Ducor's development of "Eco CAPILENE", a new resin market offering of specialty polypropylene, providing carbon-reduced and recyclable materials to manufacturers.
  • Bazan Group is the largest refinery and petrochemicals conglomerate in Israel and one of the leading energy groups in the region.