Industrial

EQS-News: Semperit strengthened for further growth after transformation year – earnings 2023 still burdened by sold medical business

Retrieved on: 
Wednesday, April 10, 2024
Informal economy, Automation, EUR, Annual, Health, Sale, Acquisition, Food, SIA, Industrial, HARPS, Mining, Bookkeeping

Earnings after tax from continued operations were positive at EUR 24.9 million, while the loss from the medical business, which has been sold, had a significant negative impact as expected.

Key Points: 
  • Earnings after tax from continued operations were positive at EUR 24.9 million, while the loss from the medical business, which has been sold, had a significant negative impact as expected.
  • Earnings development 2023 in detail:
    The continued operations of the Semperit Group recorded revenue of EUR 721.1 million (–7.5%) in the 2023 financial year.
  • Also considering the proceeds from the sale of Examination Operations (medical business), results in EUR 111.5 million (previous year: EUR –2.8 million).
  • Overview of the main financial figures of the financial year 2023:
    Key figures of the Semperit Group, in EUR million

One-Two Punch of Wireless and PLC Set to Transform IIoT

Retrieved on: 
Tuesday, April 9, 2024
Marriage, Communication, PLC, Internet of things, Industrial internet of things, EMI, RF, Anomaly, Industrial, Immunity, Wireless, Atmosphere, RFI, G3

Reliable communication is a critical piece of industrial systems becoming "smart," as it facilitates remote monitoring and management capabilities.

Key Points: 
  • Reliable communication is a critical piece of industrial systems becoming "smart," as it facilitates remote monitoring and management capabilities.
  • Making this all possible is the marriage of two powerful communication technologies: Power Line Communication (PLC) and wireless mesh networks.
  • Together, they create a hybrid network that combines the reliability of PLC with the accessibility of wireless, forming the backbone of a robust IIoT ecosystem.
  • As technology continues to evolve, the adoption of PLC and wireless hybrid networks is expected to grow, unlocking new possibilities and driving innovation across industries.

Global Bioenergies has received letters of intent for its plant project corresponding to forecasted annual sales of over €70 million

Retrieved on: 
Monday, April 8, 2024
Cosmetics, Certification, Fermentation, Kerosene, CAPEX, Industrial, Deodorant, European, SAF, Renewable energy

This plant, mainly dedicated to cosmetics, will be commissioned during 2027 and will market Isonaturane™ 12 and 16, the first natural-origin equivalents to petroleum-based isododecane and isohexadecane.

Key Points: 
  • This plant, mainly dedicated to cosmetics, will be commissioned during 2027 and will market Isonaturane™ 12 and 16, the first natural-origin equivalents to petroleum-based isododecane and isohexadecane.
  • Concurrently with commercial development and under the supervision of Roland Desvignes, Industrial Director of Global Bioenergies, the engineering teams have finalised the first plant layouts.
  • Based on these layouts, the total construction cost of the plant (including hazards) has been estimated at nearly €80 million.
  • This will be followed by the construction phase of the plant itself, which will involve the main CAPEX outflows, and will be completed in 2027.

Nearly Half of High School Students Say Generative AI will Significantly Change the Future Workforce, Global Survey Reveals

Retrieved on: 
Thursday, April 4, 2024
Mathematics, Education, Growth, MathWorks, Data analysis, School, Ethics, Clarkson University, AI, Society, Student, Industrial, Senior, Creativity, Workforce, Computer science and engineering, Media, Workplace, Medical device

The survey polled 825 11th and 12th grade students from across the U.S. and sixth form students in England and Wales to get their insights on the impact of generative AI on their academics and future careers.

Key Points: 
  • The survey polled 825 11th and 12th grade students from across the U.S. and sixth form students in England and Wales to get their insights on the impact of generative AI on their academics and future careers.
  • Nearly half of the students polled expressed some degree of concern about potential loss of jobs in the future workforce due to certain roles becoming automated or obsolete.
  • Only 19% think the AI workforce of the future will deliver greater productivity as people work faster and smarter.
  • How can high schools prepare students for the future world of AI?

Verizon-ADOT and MAG pilot program wins transportation award in emerging technology category

Retrieved on: 
Wednesday, April 3, 2024
MEC, MAG, Communication, Verizon Business, Partnership, Transport, Multi, Public sector, Senior, Industrial, ADOT, Transportation systems management, Safety, Arizona Department, Road

PHOENIX, April 03, 2024 (GLOBE NEWSWIRE) -- Verizon Public Sector today announced that its pilot program with the Arizona Department of Transportation (ADOT) and the Maricopa Association of Governments has won a Transportation Systems Management and Operations (TSMO) Award in the Emerging Trends and Technologies category.

Key Points: 
  • PHOENIX, April 03, 2024 (GLOBE NEWSWIRE) -- Verizon Public Sector today announced that its pilot program with the Arizona Department of Transportation (ADOT) and the Maricopa Association of Governments has won a Transportation Systems Management and Operations (TSMO) Award in the Emerging Trends and Technologies category.
  • The pilot program tested a new vehicle-to-everything (V2X) technology in Maricopa County, Arizona.
  • “The award is a testament to the viability of this technology.”
    The pilot program, a partnership between Verizon Public Sector, ADOT and the Maricopa Association of Governments (MAG), tested the potential of utilizing V2X capabilities to deliver time-sensitive safety information between vehicles on Arizona’s interstate and state highway systems.
  • For more information on the pilot program, which ran from December 2021 to May 2022, visit our site .

Baker Hughes to Supply Snam with Hydrogen-Ready Technology to Support Decarbonization and Resilience of the Italian Gas Network

Retrieved on: 
Wednesday, April 3, 2024
Hydrogen, Natural gas, NEOM, Air Products, Partnership, Baker Hughes, Transport, Carbon, Industrial, Renewable energy

The adoption of Baker Hughes NovaLT™12 turbines, which provide the option to run on 100% natural gas or hydrogen blends up to 10%, represents a significant milestone in decarbonizing the Italian gas network infrastructure and aligns with Snam’s strategy to achieve carbon neutrality on direct emissions by 2040.

Key Points: 
  • The adoption of Baker Hughes NovaLT™12 turbines, which provide the option to run on 100% natural gas or hydrogen blends up to 10%, represents a significant milestone in decarbonizing the Italian gas network infrastructure and aligns with Snam’s strategy to achieve carbon neutrality on direct emissions by 2040.
  • “This milestone in our long-standing collaboration with Snam demonstrates that the energy transition requires continuous partnership.
  • Together, we are innovating and delivering critical world-firsts for the decarbonization of gas networks,” said Ganesh Ramaswamy, executive vice president, Industrial & Energy Technology at Baker Hughes.
  • Baker Hughes’ advanced technologies and solutions serve the entire hydrogen value chain, from production to transportation and utilization.

DB Roberts Expands Product Portfolio with KATO Threaded Inserts

Retrieved on: 
Monday, April 1, 2024
Transport, Partnership, DB, Industrial, Supply, Supply chain, 3D printing

WILMINGTON, Mass., April 01, 2024 (GLOBE NEWSWIRE) -- Leading fastener and hardware distributor, DB Roberts , is now an authorized stocking distributor for KATO Fastening Systems.

Key Points: 
  • WILMINGTON, Mass., April 01, 2024 (GLOBE NEWSWIRE) -- Leading fastener and hardware distributor, DB Roberts , is now an authorized stocking distributor for KATO Fastening Systems.
  • KATO product categories include Tangless and Tanged CoilThread inserts, hand tools, power tools, and thread repair kits.
  • President of KATO, Al Qaqish, added, “KATO's precisely engineered, innovative product line perfectly complements the DB Roberts product portfolio, enabling us to better serve the evolving needs of our mutual customers in Aerospace, Automotive, Defense, and beyond.
  • KATO is a synergistic addition to the DB Roberts product portfolio as DB Roberts already supports customers sourcing KATO for Aerospace, Aviation, Automotive, Defense, Industrial Equipment, Non-Automotive Transportation, and more.

SIAM Announces Class of 2024 Fellows

Retrieved on: 
Thursday, March 28, 2024
CNRS, Editorial, Mathematics, Sorbonne University, Climate change, Algorithm, Masaryk University, Utrecht University, Data science, State university system, Cornell University, Systems theory, University of Utah, City University, University of Massachusetts, Research, University of British Columbia, Platelet, University, Software, IBM, University of Cambridge, University of Exeter, Statistics, Industrial, Rutgers University, University of Zurich, University of Waterloo, Stanford University, Virginia Tech, Probability, Lehigh University, Engineering, Lawrence Berkeley National Laboratory, Information technology

Philadelphia, PA, March 28, 2024 (GLOBE NEWSWIRE) -- Society for Industrial and Applied Mathematics (SIAM) is pleased to announce the 2024 Class of SIAM Fellows.

Key Points: 
  • Philadelphia, PA, March 28, 2024 (GLOBE NEWSWIRE) -- Society for Industrial and Applied Mathematics (SIAM) is pleased to announce the 2024 Class of SIAM Fellows.
  • Through their various contributions, SIAM Fellows form a crucial group of individuals helping to advance the fields of applied mathematics, computational science, and data science.
  • Hans De Sterck, University of Waterloo, is being recognized for contributions to scientific computing methods including multilevel and nonlinear solvers, and for exemplary scientific leadership and service to SIAM.
  • Fred S. Roberts, Rutgers University, is being recognized for distinguished research in discrete mathematics, leadership of major research centers, and service to SIAM.

Brunswick Corporation Named one of ‘America’s Most Trustworthy Companies’ by Newsweek for Second Consecutive Year

Retrieved on: 
Wednesday, March 27, 2024
Trust, Brunswick Corporation, Ill, Newsweek, Industrial, Trust (social science)

METTAWA, Ill, March 27, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), the world’s largest recreational marine technology company, has been named by Newsweek to its list of America’s Most Trustworthy Companies for the second consecutive year.

Key Points: 
  • METTAWA, Ill, March 27, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), the world’s largest recreational marine technology company, has been named by Newsweek to its list of America’s Most Trustworthy Companies for the second consecutive year.
  • The award recognizes companies across three main public pillars of trust – customer trust, investor trust, and employee trust.
  • “We are honored to once again see Brunswick recognized on Newsweek’s list of Most Trustworthy Companies in America,” said Dave Foulkes, CEO, Brunswick Corporation.
  • Recently, Brunswick has been recognized with numerous national awards highlighting the company’s commitment to employee and customer satisfaction.

Quectel Broadens RedCap Offering With Commercial Availability of RG255C-GL RedCap 5G Module

Retrieved on: 
Tuesday, April 9, 2024
Consumer Electronics, Technology, IOT (Internet of Things), Telecommunications, Apps, Applications, Software, Networks, Internet, Mobile, Wireless, 5G, Hardware, PDA, MiFi, LGA, USB 2.0, Galileo Galilei, SGMII, BDS, LTE, Internet of things, SPI, Qualcomm, LAN, 3GPP, Gateway, UART, GPS, URLLC, Router, VEX, X35, Architecture, Industrial, USB, Data-rate units, PCM, CSO, Multimedia, GLONASS, Redcap, GNSS, Mobile phone

Embedded World--Quectel Wireless Solutions, a global IoT solutions provider, is delighted to announce the commercial availability of the RG255C-GL 5G RedCap Sub-6 GHz LGA module, delivering comprehensive 5G and 4G coverage across the globe.

Key Points: 
  • Embedded World--Quectel Wireless Solutions, a global IoT solutions provider, is delighted to announce the commercial availability of the RG255C-GL 5G RedCap Sub-6 GHz LGA module, delivering comprehensive 5G and 4G coverage across the globe.
  • View the full release here: https://www.businesswire.com/news/home/20240409408432/en/
    Quectel broadens RedCap offering with commercial availability of RG255C-GL RedCap 5G module (Photo: Business Wire)
    The RG255C-GL, conforming to 3GPP Release 17 standards, features a compact LGA form factor measuring 32.0mm x 29.0mm x 2.4mm.
  • "Having the RG255C-GL 5G RedCap module commercially available offers our customers access to the benefits of 5G without the accompanying expense and power consumption," commented Norbert Muhrer, President and CSO, Quectel Wireless Solutions.
  • Attendees to Embedded World will be able to find out more about the RG255C-GL 5G RedCap module on the Quectel stand at booth number 3-318.