Silicone

Rogers Corporation Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, February 28, 2023
Technology, Semiconductor, Engineering, Chemicals, Plastics, Automotive Manufacturing, Manufacturing, Machinery, Machine Tools, Metalworking & Metallurgy, Hardware, AES, Electronics, EMS, ADAS, Silicone, Tax, SG, GAAP, EV, DuPont, Acquisition, Travel, COVID, Public expenditure, Video game, Bank, Security (finance)

Currency exchange rates unfavorably impacted total company net sales in the fourth quarter of 2022 by $4.2 million compared to prior quarter net sales.

Key Points: 
  • Currency exchange rates unfavorably impacted total company net sales in the fourth quarter of 2022 by $4.2 million compared to prior quarter net sales.
  • Gross margin was 31.8%, compared to 31.6% in the prior quarter from lower manufacturing spend and yield improvements, partially offset by lower sales volumes.
  • Selling, general and administrative (SG&A) expenses increased by $3.7 million from the prior quarter to $54.3 million.
  • GAAP earnings per diluted share were $3.58, compared to earnings per diluted share of $0.78 in the previous quarter.

DuPont™ MOLYKOTE® Specialty Lubricants brand marks milestone 75th anniversary

Retrieved on: 
Tuesday, February 28, 2023
Safety, Transport, Renewable energy, Lubricant, NVH, Silicone, NYSE, Maintenance, DuPont, Corrosion, Friction, History, BSR, Molybdenum, Oil, Molybdenum disulfide

WILMINGTON, Del., Feb. 28, 2023 /PRNewswire-PRWeb/ -- DuPont (NYSE:DD) today announced its recognition of the 75th anniversary of the company's MOLYKOTE® Specialty Lubricants brand and its Smart Lubrication™ solutions for customers' innovation, performance and sustainability needs.

Key Points: 
  • DuPont-owned brand celebrates heritage of solving complex, technical design and lubrication challenges through application-driven innovation, customer collaboration
    WILMINGTON, Del., Feb. 28, 2023 /PRNewswire-PRWeb/ -- DuPont (NYSE:DD) today announced its recognition of the 75th anniversary of the company's MOLYKOTE® Specialty Lubricants brand and its Smart Lubrication™ solutions for customers' innovation, performance and sustainability needs.
  • In 2023, the brand – which has grown to include a wide range of solutions that span multiple chemistries, including specialty hydrocarbons, silicones, perfluoropolyethers and dry-film anti-friction coating lubricants – is celebrating its rich 75-year heritage of providing products engineered to solve difficult lubrication-related problems and save energy by reducing friction and wear.
  • MOLYKOTE® Specialty Lubricants can help boost performance; meet regulations; reduce component failures and costly warranty repairs; improve safety and customer satisfaction; and aid designs for increased electrification, connectivity and reliability.
  • "MOLYKOTE® is one of the world's best known and credible specialty lubricant brands, having been at the forefront of not only lubrication science and technology, but also of customer support, for the past 75 years" said MOLYKOTE® Specialty Lubricants Global Business Director Eugenio Toccalino.

P2 Science raises funding round led by Lewis & Clark AgriFood

Retrieved on: 
Thursday, February 23, 2023
Unilever, Chanel, Nylon, Lubricant, Process, Silicone, Joint, Agrochemical, Chemistry, Living Proof, Beauty, Lewis and Clark Expedition, ADM (company), Cosmetics, Environment, Science, Polyester, Stifel, Health, Moisturizer, Phosphorus

WOODBRIDGE, Conn., Feb. 23, 2023 /PRNewswire/ -- P2 Science Inc., a leading green chemistry company, announced today the close of a funding round led by Lewis & Clark AgriFood.

Key Points: 
  • WOODBRIDGE, Conn., Feb. 23, 2023 /PRNewswire/ -- P2 Science Inc., a leading green chemistry company, announced today the close of a funding round led by Lewis & Clark AgriFood.
  • In the round, Lewis & Clark was joined by existing investors, including Heritage Group Ventures, Chanel, Elm Street Ventures, and SaferMade.
  • P2 Science announced today the close of a funding round led by Lewis & Clark AgriFood.
  • "P2 is one of the very few successful sustainable chemistry platform companies," said Chuck Warta, Operating Partner with Lewis & Clark AgriFood.

Award-Winning Singer, TV Host, Actress and Entrepreneur Keshia Chanté Launches Clean, Luxury, Inclusive Hair Care Brand KHAIR

Retrieved on: 
Tuesday, February 14, 2023
Family, Petroleum, Hair loss, Silicone, Paraben, Chemistry, Research, Beauty, Sleep, Mineral oil, Plant, Music, Friends, HAIR, Hair, Sulfate, Cosmetics

The Multi-Hyphenate Entertainer's new line KHAIR (Pronounced CARE) Offers Clean, Vegan, Cruelty-Free Products for Consumers with a Wide Range of Hair Care Needs

Key Points: 
  • With products ranging from hair oils to hair masks, KHAIR combines its CEO's immense love for plants with her equal adoration for opulence to deliver revolutionary high-performance essentials that can enhance everyone's hair wellness naturally.
  • "My hair journey has been a rollercoaster with everything from hair loss, breakage, shedding, brittleness, extreme frizz, and bald spots…honey, I've got horror stories."
  • On film sets, her hair was often in the hands of stylists who were unfamiliar with how to care for, manage or style her curls.
  • "My hair quickly became my signature as soon as I started my career in music and TV, but maintaining it was another story," said Chanté.

Freudenberg Medical Expands Medical Tubing Production to Massachusetts

Retrieved on: 
Tuesday, February 7, 2023
Chemicals, Plastics, Medical Devices, Health, Manufacturing, Pharmaceutical, Biotechnology, Silicone, Multimedia, Original equipment manufacturer, Platinum, Medicine, Medical device

Silicone tubing production started in January and additional capacity will be installed in Q1 to further support customers.

Key Points: 
  • Silicone tubing production started in January and additional capacity will be installed in Q1 to further support customers.
  • View the full release here: https://www.businesswire.com/news/home/20230207005631/en/
    Custom platinum-cured silicone tubing for medical devices (Photo: Business Wire)
    Freudenberg Medical is a leading processor for custom medical and biopharma tubing including multi-lumen, complex single lumen, and micro extrusions.
  • “Freudenberg has added silicone extrusion capabilities in Massachusetts to better serve our Eastern US customers with custom tubing solutions,” said Lars Gerding, VP of Technology and Silicones at Freudenberg Medical.
  • “Our extensive silicone expertise combined with our long-standing raw material partners, makes Freudenberg Medical the premier tubing design and manufacturing partner for medical device OEMs in New England and beyond.”

Top-Selling K-Beauty Brand KiGold Restocks Ginseng Hair Set At Costco

Retrieved on: 
Monday, February 13, 2023
Silicone, System, Treatment, K-Beauty, Costco, Hair loss, Paraben, Immune system, Hair, Scalp, Shampoo, Triclosan, Saponin, Cosmetics

LITTLE FERRY, N.J., Feb. 13, 2023 /PRNewswire/ -- In March 2021, leading K-Beauty brand KiGold launched their new Ginseng Blossom Shampoo and Treatment set into over 450 brick-and-mortar locations and online at Costco USA.

Key Points: 
  • LITTLE FERRY, N.J., Feb. 13, 2023 /PRNewswire/ -- In March 2021, leading K-Beauty brand KiGold launched their new Ginseng Blossom Shampoo and Treatment set into over 450 brick-and-mortar locations and online at Costco USA.
  • Following a successful re-launch, Ki Gold will continue its international expansion, debuting in Costco China, Costco UK, and Costco France at the end of 2023.
  • "The KiGold Ginseng Blossom set was curated to help restore healthy hair and scalp and we're thrilled to continue providing consumers an accessible solution."
  • Beginning today, the KiGold Ginseng Blossom Shampoo and Treatment Set will retail online and various Costco locations across the country.

IDTechEx Explores Nine Startups Innovating Polymer Additive Manufacturing

Retrieved on: 
Thursday, February 9, 2023
Silicone, P.E.Society English Medium High School and Junior College, VAM, 2D, Xolo, Gel, RAMP, SVP, STEP, Head, Carbon, AM, PET, Pressure, Research, PLA, 3D Systems, Printing, Biomaterial, Growth, PETG, 3D, Stratasys, 3D printing

In IDTechEx's market report on 3D printing, " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ", the polymer AM industry is forecast to rise to over US$21 billion by 2033.

Key Points: 
  • In IDTechEx's market report on 3D printing, " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ", the polymer AM industry is forecast to rise to over US$21 billion by 2033.
  • This article explores a selection of these innovators; further discussion on emerging players can be found in IDTechEx's report on " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ".
  • Many polymer 3D printer manufacturers have sought to address the throughput concerns inherent with additive manufacturing with varying degrees of success.
  • Meanwhile, developers of volumetric additive manufacturing look to flip the current 2.5D layer-wise nature of additive manufacturing on its head.

IDTechEx Explores Nine Startups Innovating Polymer Additive Manufacturing

Retrieved on: 
Thursday, February 9, 2023
Silicone, P.E.Society English Medium High School and Junior College, VAM, 2D, Xolo, Gel, RAMP, SVP, STEP, Head, Carbon, AM, PET, Pressure, Research, PLA, 3D Systems, Printing, Biomaterial, Growth, PETG, 3D, Stratasys, 3D printing

In IDTechEx's market report on 3D printing, " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ", the polymer AM industry is forecast to rise to over US$21 billion by 2033.

Key Points: 
  • In IDTechEx's market report on 3D printing, " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ", the polymer AM industry is forecast to rise to over US$21 billion by 2033.
  • This article explores a selection of these innovators; further discussion on emerging players can be found in IDTechEx's report on " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ".
  • Many polymer 3D printer manufacturers have sought to address the throughput concerns inherent with additive manufacturing with varying degrees of success.
  • Meanwhile, developers of volumetric additive manufacturing look to flip the current 2.5D layer-wise nature of additive manufacturing on its head.

Insights on the Therapeutic Contact Lenses Global Market to 2027 - Increase in Silicone Hydrogel Contact Lenses Application Presents Opportunities

Retrieved on: 
Thursday, February 9, 2023
Bausch, Human services, Corneal transplantation, Dailies, Near-sightedness, Keratoconus, Bausch & Lomb, Approximation error, Johnson & Johnson Vision, ACUVUE, RGP, Eye, Diabetic retinopathy, Cornea, Cooper, TCL, Glaucoma, Soft, AR, Presbyopia, Alcon, Korea Disease Control and Prevention Agency, Johnson & Johnson, Lens, CDC, City, Growth, Elasticity, Ophthalmology, The Cooper Companies, Wetting, Augmented reality, Government, Edema, Urbanization, Far-sightedness, Patient, Oxygen, CooperVision, Research, Risk, Ageing, Cataract, Bandage, Contact, Astigmatism, BCL, ULTRA, Sihi Kahi Chandru, Augment, Acuvue, TCL Technology, Medical device, Camera, Telescopic sight, Agriculture, Pharmaceutical industry, Silicone, EU

The global therapeutic contact lenses market is expected to grow at a CAGR of 4.90% from 2021-2027.

Key Points: 
  • The global therapeutic contact lenses market is expected to grow at a CAGR of 4.90% from 2021-2027.
  • The two most common contact lens variants available in the therapeutic contact lenses market include hard and soft contact lenses.
  • RGP contact lenses are the most common type of hard contact lenses available in the industry.
  • Many key players in the therapeutic contact lenses market do offer Silicone hydrogel therapeutic contact lenses, such as Acuvue Oasys (Johnson & Johnson Vision Care), Air Optix Aqua (Alcon), Biofinity (CooperVision), and PureVision2 (Bausch & Lomb).

Fourth quarter 2022 concludes a record year for Elkem

Retrieved on: 
Wednesday, February 8, 2023
Carbon, EPS, Silicone, Running, Maintenance, EBITDA, Forest, Silicon, CDP, Steel, EUR, Policy, Climate, Growth, Chinese New Year, NOK, Depreciation, New Year, Tax, Holding company, Renewable energy, Bank, Elkem, COVID-19

The quarter concludes a strong year for Elkem with an all-time high operating revenue and result.

Key Points: 
  • The quarter concludes a strong year for Elkem with an all-time high operating revenue and result.
  • Elkem's total operating income for the fourth quarter 2022 was NOK 10,404 million, which was in line with the corresponding quarter in 2021.
  • Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 1,787 million in the quarter, compared to NOK 3,059 million in the fourth quarter 2021.
  • The reference prices for silicon and ferrosilicon are somewhat down from the fourth quarter 2022.