IT Shades Manufacturing July Edition M&A Updates

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I-Bytes
Manufacturing
July Edition 2021
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates................................................................................................................................................25
3. Rewards and Recognition Updates..................................................................................................................40
4. Customer Success Updates...............................................................................................................................55
5. Partnership Ecosystem Updates......................................................................................................................74
6. Environment & Social Updates.......................................................................................................................94
7. Miscellaneous Updates....................................................................................................................................104

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Financial, M & A
Updates Manufacturing Industry

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Financial, M&A Updates
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ABB (Switzerland) to acquire ASTI Mobile Robotics Group to drive next generation
of flexible automation with Autonomous Mobile Robots
ABB announced it will acquire ASTI Mobile Robotics Group (ASTI), a leading
global autonomous mobile robot (AMR) manufacturer with a broad portfolio
across all major applications enabled by the company’s software suite. This will
expand ABB’s robotics and automation offering, making it the only company to
offer a complete portfolio for the next generation of flexible automation. The
acquisition, a key part of ABB’s external growth strategy, was signed on July 19
and is expected to close in mid-summer 2021. Both parties agreed not to disclose
any details regarding the purchase price. Founded in 1982, ASTI is headquartered
in Burgos, Spain and employs over 300 people in Spain, France and Germany. It
is majority owned by Veronica Pascual Boé, who is also CEO. Other shareholders
include European Growth Buyout investor Keensight Capital. it supports one of
Europe’s largest installed fleets of AMRs and has a broad customer base in
automotive, logistics, food & beverage and pharmaceuticals in 20 countries.
Since 2015, the company has enjoyed close to 30 percent growth on an annual
basis and is targeting approximately $50 million in revenue in 2021.
Executive Commentary
“With their industry-leading portfolio, comprehensive suite of software and
deep domain expertise across growth segments, ASTI is the perfect choice for
us as we support our customers with the next generation of flexible
automation,” said President of ABB’s Robotics & Discrete Automation
business. “With this acquisition, ABB will be the only company to offer a full
automation portfolio of AMRs, robots and machine automation solutions,
from production to logistics to point of consumption. This is a game changer
for our customers as they adapt to the individualized consumer and seize
opportunities presented by significant changes in consumer demand.”
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ASSAABLOY (Sweden) acquires MR Group´s hardware division in Portugal
ASSA ABLOY has signed an agreement to acquire MR Group´s
hardware division, a leading supplier of aluminum profile
hardware and locks in Portugal. MR Group´s hardware division
has some 380 employees, and the company was established in
1976. Sales for 2020 amounted to about 23 MEUR with a good
EBIT margin. The acquisition will be accretive to EPS from start.
The acquisition is subject to regulatory approval and customary
closing conditions and is expected to close during the third
quarter of 2021.
"I am very pleased to welcome the MR Group hardware
division into the ASSA ABLOY Group. This acquisition
delivers on our strategy to strengthen our position in the
mature markets through adding complementary products and
solutions to our core business,” says and CEO of ASSA
ABLOY.
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BASF (Germany) expands chemical catalyst recycling capacity and capability
BASF has expanded its chemical catalyst recycling capacity and
capability with the acquisition of Zodiac Enterprises LLC in
Caldwell Texas. The site recycles precious metals from industrial
scrap, primarily chemical catalysts, and will complement BASF’s
existing precious metal recycling operations in Seneca, South
Carolina. It will also provide increased smelting capacity in North
America. Additional personnel will be hired to expand the site’s
production capabilities. The additional smelting capacity at the
Caldwell site will help utilize the recently announced refinery
expansion in Seneca. Recycled catalysts go through smelting and
are then refined to produce the high purity precious metal needed
to make fresh catalysts.
“This investment allows us to meet the increased customer
demand for recycling spent chemical and automotive
catalysts,” said Vice President BASF Precious Metals Refining
and Chemicals & Battery Recycling.
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Solvay (Belgium) completes acquisition of Bayer’s (Germany) global seed coatings
business
Solvay and Bayer announced the successful closing of Solvay's
previously announced acquisition of Bayer’s global Coatings
Business, with facilities in Méréville, France, and tolling
operations in the U.S. and Brazil. The business is recognized
globally for seed coating and seed enhancement products such as
Peridiam, fluency powders, Certop, Pro-Ized Pigment, and
Talkum, and its research and development capabilities for on-seed
formulations. The Méréville facility's entire product portfolio,
R&D projects and the business line’s international tolling
operations are now fully transferred to Solvay.
“This acquisition continues Solvay's strategy to strengthen our
range of sustainable, bio-based solutions for agricultural
customers, fully aligned to our G.R.O.W. strategy,”
commented president of Solvay's Novecare business unit. “We
are proud to welcome the legacy Bayer SeedGrowth coatings
team to our Solvay agricultural specialties family.”
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Brenntag (Germany) to Acquire Jm Swank and Thus Creates the Leading Food
Ingredients Distributor in the North American Market
Brenntag the global market leader in chemicals and ingredients
distribution announces the acquisition of the US-located Storm Chaser
Holding Corporation from Platinum Equity. The company is a leading
distributor of food ingredients “JM Swank and reported sales of
approximately USD 500 million in 2020. With an enterprise value of
USD 304 million, this is a decisive step in expanding Brenntag’s position
in the North American Nutrition industry and a key acquisition aligned
with Brenntag’s M&A strategy. The acquired company offers a highly
diversified product portfolio of food ingredients such as spices, dairy,
grain, sweeteners, fats & oils, texturants, flavors & colors, starches,
cocoa, and inclusions. JM Swank’s broad product line perfectly
complements Brenntag’s existing portfolio in the Nutrition industry.
Chief Executive Officer of Brenntag SE: “With JM Swank, we
acquire a renowned leader in the North American market in the sector
of food ingredients distribution. This strategic acquisition will double
Brenntag’s size in the Nutrition business in the region and thus creates
the leading food ingredients and food process chemicals distributor in
North America with approximately one billion US dollars in revenue.
Nutrition is one of the defined focus industries in the Brenntag
Specialties division. This acquisition is fully in line with our M&A
strategy as it accomplishes key strategic objectives: acquiring
companies generating a meaningful operating EBITDA contribution
as well as targets accelerating growth of our Brenntag Specialties
division.”
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Celanese (USA) to Acquire Exxonmobil’s Santoprene™ Tpv Elastomers Business
Celanese Corporation a global chemical and specialty materials
company, announced the signing of a definitive agreement to
acquire the Santoprene™ TPV elastomers business of Exxon
Mobil Corporation. Celanese will acquire the industry-renowned
Santoprene™ brand as part of a comprehensive TPV product
portfolio, along with intellectual property, production and
commercial assets, and a world-class organization.
“With the acquisition of the Santoprene™ business, we are
further expanding the unrivaled portfolio of engineered
solutions we bring to our customers,” said chairman and chief
executive officer. “This transaction represents a high-return
opportunity to drive future shareholder value by deploying our
excess cash from the monetization of our passive ownership in
Polyplastics and continued strong cash generation in our
businesses. We are eager to welcome the Santoprene™ team to
Celanese and look forward to their contributions to our
continued growth in Engineered Materials.”
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Celanese (USA) Acquires Pom Technology and Sales Agreements from Grupa
Azoty
Celanese Corporation a global chemical and specialty Materials
Company, announced that it has acquired certain technology
relating to the production of polyacetal (POM) products from
Grupa Azoty S.A. of Tarnow, Poland, after its decision to
discontinue its POM manufacturing. Celanese will take over all
existing Tarnoform® contracts in order to serve Azoty’s
customers. However, with the exception of certain equipment
transferred in connection with the intellectual property transfer,
this transaction does not include any of Azoty’s employees,
tangible assets, manufacturing facilities or sales offices.
“This transaction will enable Celanese to serve Azoty’s
customers with Celanese assets, thereby allowing for an
incremental volume opportunity for Celanese as well as access
to a POM customer base and a proven POM technology in
Tarnoform®,” said Senior Vice President, Engineered
Materials, and Celanese. “Our Engineered Materials business
is a critical growth engine for Celanese, and we continue to
take the strategic steps needed, such as this customer and
product acquisition, to fuel the ongoing success of the
business,” concluded Kelly.
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CNH Industrial (UK) to Acquire Raven Industries, Enhancing Precision Agriculture
Capabilities and Scale
CNH Industrial N.V. announced that it has entered into an agreement to
acquire 100% of the capital stock of Raven Industries, Inc. a US-based
leader in precision agriculture technology for US$58 per share,
representing a 33.6% premium to the Raven Industries 4-week
volume-weighted average stock price, and US$2.1 billion Enterprise
Value. The transaction will be funded with available cash on hand of
CNH Industrial. Closing is expected to occur in the fourth quarter of
2021, subject to the satisfaction of customary closing conditions,
including approval of Raven shareholders and receipt of regulatory
approvals. The acquisition builds upon a long partnership between the
two companies and will further enhance CNH Industrial’s position in the
global agriculture equipment market by adding strong innovation
capabilities in autonomous and precision agriculture technology.
“Precision agriculture and autonomy are critical components of our
strategy to help our agricultural customers reach the next level of
productivity and to unlock the true potential of their operations,” said
Chief Executive Officer, CNH Industrial. “Raven has been a pioneer
in precision agriculture for decades, and their deep product
experience, customer driven software expertise and engineering
acumen offer a significant boost to our capabilities. This acquisition
emphasizes our commitment to enhance our precision farming
portfolio and aligns with our digital transformation strategy. The
combination of Raven’s technologies and CNH Industrial’s strong
current and new product portfolio will provide our customers with
novel, connected technologies, allowing them to be more productive
and efficient.”
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Cummins (USA) to Acquire 50 Percent of Momentum Fuel Technologies from
Rush Enterprises
Cummins Inc. and Rush Enterprises, Inc. announced that they
have signed a Letter of Intent for Cummins to acquire a 50%
equity interest in Momentum Fuel Technologies from Rush
Enterprises. The proposed transaction is expected to close later
this year, subject to completion of customary pre-closing
activities and entering into mutually agreeable transaction
documentation. The joint venture between Rush Enterprises and
Cummins will produce Cummins-branded natural gas fuel
delivery systems for the commercial vehicle market in North
America, combining the strengths of Momentum Fuel
Technologies’ compressed natural gas (CNG) fuel delivery
systems, Cummins’powertrain expertise, and the engineering and
support infrastructure of both companies.
"This partnership will improve customer’s service for both
CNG and RNG through an improved support network. We are
thrilled to expand our network of clean and reliable power
solutions."
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Danaher (USA) to Acquire Aldevron
Danaher Corporation announced that Danaher has entered into a
definitive agreement to acquire privately-held Aldevron, for a cash
purchase price of approximately $9.6 billion. Danaher expects to
finance the acquisition using cash on hand and/or proceeds from the
issuance of commercial paper. Founded in 1998 by Michael
Chambers and John Ballantyne, Aldevron is headquartered in
Fargo, North Dakota and employs approximately 600 people.
Aldevron manufactures high-quality plasmid DNA, mRNA, and
proteins, serving biotechnology and pharmaceutical customers
across research, clinical and commercial applications. Aldevron will
operate as a standalone operating company and brand within
Danaher's Life Sciences segment.
Danaher President and Chief Executive Officer, said, "We are
thrilled to have Aldevron join Danaher's Life Sciences segment.
For nearly 25 years, Aldevron has made tremendous
contributions to the advancement of cell, gene and other novel
therapies and vaccines. This acquisition will expand our
capabilities into the important field of genomic medicine and
help us support our customers and their critical mission to bring
more life-saving therapies and vaccines to market faster."
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Hexagon (Sweden) to acquire Infor's EAM business and form a broader strategic
relationship with Infor and Koch
Hexagon AB, a global leader in digital reality solutions, announced an
agreement to acquire Infor’s global EAM (enterprise asset management)
business, for approximately 2,750 MUSD. The terms of the agreement
include establishing a deeper commercial relationship between Hexagon
and Infor as well as Hexagon and Koch Equity Development, both
subsidiaries of Koch Industries, Inc. Hexagon gains a best-in-class,
SaaS-based asset management solution – Infor EAM – which is used to
track assets, digitalise maintenance operations and enable customers in
nearly any industry to reach optimum operational efficiency. EAM
solutions provide the foundation of digital innovation in asset-intensive
industries, where digital realities, or digital operational twins, are
increasingly leveraged to provide a single source of truth and complete
line-of-sight to ever-changing situations.
“Infor EAM is continuously ranked by analysts as a market leader
among best-of-breed EAM solutions and is considered by thousands of
customers as one of the industry’s most compelling solutions,” says
Hexagon President and CEO. “Hexagon’s decision to acquire this
business is a strong endorsement of our mission to put data to work to
enable autonomous, connected ecosystems that boost efficiency,
productivity, quality and safety for our customers.”
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Huntington (USA) Ingalls Industries to Acquire Alion Science and Technology –
Enhancing its National Security Solutions Portfolio
Huntington Ingalls Industries announced that it has entered into a definitive
agreement to acquire Alion Science and Technology for $1.65 billion in cash from
Veritas Capital, subject to customary adjustments. Alion is a high value-added,
technology-driven solutions provider for the global defense marketplace. The
transaction represents an enterprise value-to-expected 2022 adjusted EBITDA1
multiple of approximately 12.2x. Alion will become part of Huntington Ingalls
Industries’ Technical Solutions division. The transaction is expected to close in the
second half of 2021, subject to customary closing conditions. Alion provides
advanced engineering and R&D services in the areas of ISR, military training and
simulation, cyber, data analytics and other next-generation technology based
solutions to the DOD and intelligence community customers, with the U.S. Navy
representing about one third of current annual revenues. Alion is poised for continued
strong growth with over $3 billion in backlog today, with more than $5 billion in
estimated contract value and a robust opportunity pipeline. Alion has more than
3,200 employees with over 80% of employees maintaining security clearances.
“We established the Technical Solutions division in 2016 with a vision and
strategy focused on partnering with our customers to solve their most pressing
challenges,” said HII’s president and CEO. “Announcement coupled with our
previous investments in leading edge technologies, such as cyber security and
autonomous systems, reflects our commitment to stay on the cutting edge of
critical, high-growth national security solutions and generate significant
long-term value for our shareholders.”
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Indorama Ventures (Thailand) completes acquisition of CarbonLite’s Texas PET
Recycling Facility
Indorama Ventures a global chemicals producer has completed its
acquisition of CarbonLite Holdings’facility in Texas as part of the
company’s commitment to increasing PET recycling capacity.
Now known as Indorama Ventures Sustainable Recycling (IVSR),
the Dallas site is one of the largest producers of food-grade
recycled pellets in the U.S., with a combined capacity of 92,000
tons annually. The facility will recycle more than 3 billion PET
plastic beverage bottles per year and support more than 130 jobs
directly. With this acquisition, IVL expands its U.S. recycling
capacity to 10 billion beverage bottles a year, towards its global
target of recycling 50 billion bottles (750,000 metric tons)
annually by 2025.
CEO of Combined PET IOD and Fibers Business at Indorama
Ventures said, “We are excited to have completed this
acquisition and welcome new employees to the Indorama
Ventures family. Dallas now joins Indorama Ventures
recycling sites around the globe, dedicated to giving new life to
post-consumer beverage bottles. We are also pleased to support
more than 130 green jobs for the Dallas community. Indorama
Ventures Sustainable Recycling, as it will now be known, will
complement our existing PET and fibre businesses in the US.
By providing an expanded global recycling presence, we will
meet the growing needs of our customers.”
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Ingersoll Rand (Ireland) to Acquire Seepex GmbH into Precision and Science
Technologies Segment
Ingersoll Rand Inc. a global provider of mission-critical flow creation
and industrial solutions, has entered into an agreement to acquire
positive displacement pump manufacturer, Seepex GmbH (Seepex). The
all-cash transaction, valued at €431.5 million, is expected to close during
Q3 upon obtaining required regulatory approvals. Seepex is a
world-leading manufacturer of progressive cavity pumps, a segment of
positive displacement pumps that primarily serves water, wastewater,
food and beverage, and chemical end markets. Based in Bottrop,
Germany with facilities in North America and Asia Pacific, Seepex has
approximately 800 employees and annual revenue of approximately
€160 million. Upon transaction close, the Seepex business will join the
Ingersoll Rand Precision and Science Technologies (PST) segment.
“Adding progressive cavity pumps to our portfolio has been a
strategic priority, and Seepex sets us up for future growth as well as
complements our existing PST brands,” said vice president and
general manager of the Precision and Science Technologies segment.
“The proven capability and expertise of the Seepex team is second to
none with their intellectual property outpacing key competitors in
terms of new patents and product development, and the robust
Industrial Internet of Things (IIOT) platform they have built around
the pump in which they have invested approximately €10 million.
This digital capability and associated aftermarket efforts are focus
areas we plan to scale across the whole PST segment of Ingersoll
Rand. We are honored to bring these two teams together and I look
forward to working with the Seepex team.”
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Ingersoll Rand (Ireland) to Acquire Maximus
Ingersoll Rand Inc. a global provider of mission-critical flow creation and
industrial solutions, has entered into an agreement to acquire Maximus, a
provider of digital controls and Industrial Internet of Things (IIoT)
production management systems for the agritech market. The all-cash
transaction, valued at CAD$135.4 million, is expected to close in Q3 upon
obtaining required regulatory approvals. Upon transaction close, Maximus
will join the PST segment. The Maximus System is a centralized controller
and IIoT platform which connects to farm devices and simplifies facility
management. The System tracks the state of farm infrastructure and
automates tasks based on artificial intelligence (AI) logic. Based in
Montreal, Canada, Maximus has approximately 100 employees and annual
revenue of approximately CAD$40 million. The company has experienced
greater than 30% revenue CAGR over the past five years, and is expecting
strong double digit growth over the next five years.
“Smart, connected products, digital capabilities and technology are core
to our growth and today’s announcement delivers on our commitment to
deploy capital in pursuit of this strategy,” said chief executive officer of
Ingersoll Rand. “Maximus has built significant expertise in controls and
IIoT technology that aligns well with Ingersoll Rand and our current
brands. Leveraging Ingersoll Rand Execution Excellence (IRX) will
help drive additional innovation and significant synergies with Dosatron
and other PST brands. This acquisition is expected to generate
significant value for our stockholders.”
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LyondellBasell (Netherland) announces acquisition of PolyPacific Polymers Sdn.
Bhd. in Malaysia
LyondellBasell one of the largest plastics, chemicals and refining
companies in the world, announced it has acquired 100 percent of
PolyPacific Polymers Sdn. Bhd. (PPM) in Port Klang, Malaysia.
PPM is a 25kt manufacturing facility producing reinforced and
modified polyolefin compounds. Upon completion of the
acquisition, the facility will undergo a rebranding and name
change, and its employees will become LyondellBasell
employees. PPM will continue to produce and supply the ongoing
business products to its customers.
"We admire PolyPacific Pty. Ltd for the business and
reputation they established over the past four decades, and
wish them well as they continue to operate their Australian
compounding business in Melbourne. We are excited to
capture the value of PPM within our APS Asian footprint" said
Executive Vice President, Advanced Polymer Solutions and
Supply Chain, LyondellBasell. "We welcome our new
employees to the LyondellBasell family."
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Motorola (USA) Solutions to Acquire Cloud-Based Mobile Access Control Provider
Openpath
Motorola Solutions announced it has entered into a definitive agreement to
acquire Openpath Security Inc., a cloud-based mobile access control
provider. Motorola Solutions expects to close the transaction by the end of
the month. Terms of the transaction were not disclosed. Openpath is a
leader within the access control industry. Openpath’s solution makes
businesses more secure with multi-factor authentication, enables a
contactless entry experience and can be easily scaled and managed due to
its cloud-based architecture. Businesses will have 24/7 visibility of their
access points anywhere around the world and be able to provide a
frictionless walk-through experience enabled by a mobile app. The
combined leadership of Motorola Solutions and Openpath in video security
and access control will allow Motorola Solutions to build on its extensive
footprint in supporting enterprise customers with an unparalleled security
solution.
“Securing businesses around the world has never been more critical,”
said chairman and CEO, Motorola Solutions. “This acquisition enables
us to combine the power of video security and access control together,
providing unprecedented situational awareness, where every physical
entry and exit is authenticated and recorded with access control and
video.”
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PPG (USA) Completes its Acquisition of Tikkurila, a Leading Nordic Paint and
Coatings Company
PPG announced that it has completed its acquisition of all of the shares of Tikkurila
tendered into PPG’s tender offer as of the expiration of the offer on June 4, 2021.
Tikkurila shareholders received €34.00 in cash for each of the 38,711,646 million shares
of Tikkurila tendered. Together with the shares it previously acquired, PPG now controls
97.1% of Tikkurila’s issued and outstanding shares. The remaining 2.9% will be acquired
through a squeeze out process, which will be initiated promptly. Tikkurila was
established in 1862, and is headquartered in Vantaa, Finland. The company is a leading
producer and distributor of decorative paint and coatings with operations in 11 countries
and more than 80% of its revenue coming from Finland, Sweden, Russia, Poland, and the
Baltic states. Its brands include Tikkurila, ALCRO, Teks, Vivacolor, and Beckers.
Tikkurila uses the Beckers brand only in its decorative paints in Scandinavian countries
as well as in some parts of Eastern Europe under a license from Aktiebolaget Wilh.
Becker, obtained in conjunction with its acquisition of Alcro-Beckers Ab in 2001.
Tikkurila’s industrial paint business produces paints and coatings for the wood and metal
industries, among others. The company employs approximately 2,400 people globally
and reported sales of approximately €582 million in 2020.
“We look forward to welcoming Tikkurila employees and leveraging the company’s
complementary geographic footprint and strong portfolio of decorative brands to
drive future growth,” said PPG chairman and chief executive officer. “Our teams will
work as One PPG to provide customers with expanded paint and coatings options
that will now include Tikkurila’s environmentally friendly decorative products and
high-quality industrial coatings.”
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Sandvik (Sweden) to acquire the Polish round tools company Fanar
Sandvik has signed an agreement to acquire the Polish company
Fabryka Narzędzi FANAR S.A. a manufacturer of round tools.
The company will be reported in Seco, a division within the
business area Sandvik Manufacturing and Machining Solutions.
The acquisition enhances Seco’s product offering in taps and solid
threading applications and improves the presence in Poland and
the growing market for round tools. Fanar was established in
1966, is headquartered outside Warsaw and has 230 employees. In
2020, Fanar had revenues of about SEK 175 million. Impact on
Sandvik’s earnings per share will be limited. The parties have
agreed not to disclose the purchase price.
“I am very pleased that we have reached an agreement to
acquire Fanar, it will enhance our presence in the important
Polish market and strengthen our exposure to our focused
segments” says President of business area segment Sandvik
Machining Solutions.
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Sandvik (Sweden) to acquire metrology and automation company DWFritz
Automation
Sandvik has signed an agreement to acquire US based DWFritz
Automation Inc., a leading global provider of precision
metrology, inspection- and assembly solutions for advanced
manufacturing. DWFritz Automation designs, builds and
supports engineer-to-order high-speed, non-contact metrology
solutions and automation systems. The company will be reported
in the Metrology division, within business area Sandvik
Manufacturing and Machining Solutions. With DWFritz
Automation, Sandvik would expand its current metrology
offering and take a leading position in in-line metrology,
including a broader position in high-speed, high-volume,
non-contact inspection and assembly automation.
“By acquiring DWFritz Automation we will be able to expand
our metrology and automation offering further. This will not
only strengthen our position, but will also enable us to offer
full metrology solutions to our customers – which will reduce
cost and improve quality significantly in their broader value
chain. I look forward to welcoming the DWFritz team to
Sandvik,“ says President of the Metrology division in Sandvik
Manufacturing Solutions.
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Sandvik (Sweden) to acquire leading CAM software company Cambrio
Sandvik has signed an agreement with Battery Ventures to acquire
US-based Cambrio, a leading company with an end-to-end portfolio in
CAD/CAM software for manufacturing industries like automotive,
transportation, energy, medical and aerospace. Cambrio will be
reported in the Design & Planning Automation division within
Sandvik Manufacturing and Machining Solutions. Sandvik’s strategic
ambition is to provide customers with software solutions enabling
automation of the full component manufacturing value chain – from
design and planning to preparation, production and verification.
Computer Aided Manufacturing (CAM) plays a vital role in the digital
manufacturing process, creating an offer of automated solutions from
design to machining.
“This is in line with our strategic focus to grow organically and
through acquisitions in the advanced manufacturing space, with
special focus on industrial software close to component
manufacturing, industrial metrology- and additive manufacturing
solutions. Cambrio will enable a broadened customer offering,
covering more of the total manufacturing value chain,” says
President and CEO of Sandvik.
Description
21

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Sandvik (Sweden) to acquire Australian rock tools supplier Tricon
Sandvik has signed an agreement to acquire Tricon Drilling
Solutions Pty. Ltd, a privately-owned supplier of rock tools for
the mining industry, based in Perth, Australia. Tricon will operate
as an independent, standalone business unit within the Rock Tools
division of Sandvik Mining and Rock Solutions. Tricon’s product
offering includes rotary bits, DTH (Down-The-Hole) hammers
and bits, as well as full rotary and DTH drill strings. The company
has 24 employees. Tricon has design capabilities for rotary bits
in-house but outsources manufacturing, with Sandvik being one
of its rotary bit suppliers. Drill string products are produced in
Tricon’s own facility.
“I am pleased that we continue to deliver on our active
acquisition agenda, and I look forward to welcoming Tricon to
Sandvik,” says, President of Sandvik Mining and Rock
Solutions.
Description
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Sime Darby (Malaysia) Berhad to acquire Australia’s Salmon Earthmoving Holdings
Sime Darby Berhad announced that its wholly-owned
subsidiary, Sime Darby Industrial Australia Pty Ltd will acquire
Salmon Earthmoving Holdings Pty Ltd a leading provider of
rental and maintenance services in Australia servicing the civil
construction, agricultural and mining sectors. Salmon Australia
is headquartered in Staplyton, near Brisbane in Queensland,
Australia with over 280 pieces of large plant and equipment on
offer, supported by over 120 employees and branch workshops
across Queensland, along with onsite maintenance facilities and
field service support vehicles.
“The transaction provides a rare opportunity for Sime Darby
to acquire an established company with more than 70 years
of know-how. We believe Salmon Australia will complement
and strengthen our Industrial division’s presence in the
Australian market,” Sime Darby Berhad Group Chief
Executive Officer Dato’ Davidson said.
Description
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Solvay (Belgium) completes acquisition of Bayer’s global seed coatings business
Solvay and Bayer announced the successful closing of Solvay's previously announced
acquisition of Bayer’s global coatings business, with facilities in Méréville, France, and
tolling operations in the U.S. and Brazil. The business is recognized globally for seed coating
and seed enhancement products such as Peridiam, fluency powders, Certop, Pro-Ized
Pigment, and Talkum, and its research and development capabilities for on-seed
formulations. The Méréville facility's entire product portfolio, R&D projects and the
business line's international tolling operations are now fully transferred to Solvay. The
Méréville facility has 36 permanent employees and conducts industry-leading research and
development of application technologies for seeds, such as seed coating and filming
processes, representing around 20% of the site’s activity, while the remaining 80% is
dedicated to research and formulation of aqueous solutions called film-coaters. The film
coaters developed at the Méréville site are exported and used in 35 countries all over the
world. Seed coatings can best be understood as the “glue” that allows any seed treatment
product to bind to the actual seed. In combination, the active ingredient that is coated on the
seed helps to protect seeds against insects and diseases that could prevent the seed from
germinating or growing. Seed treatments are especially important for field crop seeds such
as wheat, rapeseed, maize, sunflower, rice and soya, and vegetable seeds such as beetroot.
“This acquisition continues Solvay's strategy to strengthen our range of sustainable,
bio-based solutions for agricultural customers, fully aligned to our G.R.O.W. strategy,”
commented president of Solvay's Novecare business unit. “We are proud to welcome the
legacy Bayer SeedGrowth coatings team to our Solvay agricultural specialties family.”
Description
24

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Alstom (France) presents the world's first hydrogen passenger train in
Poland
25
Solution Description
The Coradia iLint, world's first hydrogen fuel cell passenger train, manufactured by Alstom, world leader in green and smart mobility, has made
its debut on the Railway Research Institute's test track in Żmigród, near Wrocław in Poland. Over two days, Alstom teams are presenting the train
to a variety of local stakeholders, including regional operators, transport authorities, government decision-makers and leading media, in order to
highlight the potential of the Coradia iLint for sustainable transport in Poland. The showcase comes in the wake of the announcement of Poland’s
National Recovery Plan, which includes provisions for the introduction of thirty low-emission trains for Polish regional operators by 2026. Alstom
Coradia iLint is the world’s first and only operational passenger train powered by hydrogen fuel cells. This completely emission-free train is quiet
and emits only water vapor and condensation. The train features several different innovations: clean energy conversion and efficient energy supply
and storage system combined with intelligent energy management. Designed specifically for use on non-electrified lines, it enables clean,
sustainable train operations. The world's first hydrogen train was built by Alstom in Salzgitter, Germany whereas body shells are produced at
Alstom Konstal site in Katowice, Poland. The train is based on the service-proven diesel train family Coradia Lint. Replacing the diesel traction
by fuel cell technology allows completely clean train operation with a performance matching that of regular Coradia Lint diesel multiple units,
which means these trains can operate the same timetable as the diesel ones.

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Arkema (France) launches a new renewable pvdf grade for batteries
26
Kynar® CTO PVDF grades using the mass balance approach under the ISCC+ certification process will be produced firstly in Arkema’s
Pierre-Bénite plant in France for its European customers, focusing initially on grades specifically targeted for the lithium-ion battery market.
This patent pending technology allows a climate change impact reduction of almost 20% of the Kynar® PVDF binder (expressed in kg eq.
CO2/kg, according to the ISO14040 standard) while reducing dependence on upstream crude oil consumption. The crude tall oil used in
upstream feedstock production is a residue of the Kraft process of wood pulp manufacture. The new Kynar® CTO grades are certified to be
compliant with industry leading responsible forestry standards. They do not result in deforestation, and there is no direct competition with
food crops. In a second phase, the production of this range of sustainable PVDF grades will be extended to each of Arkema’s global PVDF
manufacturing sites and will be made available to all traditional PVDF markets and applications. Furthermore, Arkema has already announced
a project in the United States to produce PVDF grades using fluorine derived as a co-product from the agrochemical industry, thus requiring
no dedicated fluorspar mining. These grades are expected to be commercialized by mid-2022. Kynar® CTO grades will be offered as
functionally identical alternatives to Arkema’s flagship binder grades, Kynar® HSV900 and Kynar® HSV1810.

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Avery Dennison (USA) announces new standard to identify sustainable
products
27
Avery Dennison announces the launch of Sustainable Advantage, its new flagship products and solutions portfolio, setting the benchmark for innovation and
sustainability. While many products and solutions within the portfolio have been readily available, bringing them together under one identifiable umbrella
will give customers confidence in meeting their own sustainability goals. By creating a clear standard, Sustainable Advantage will enable companies across
global industries to use fewer natural resources, cut carbon emissions, reduce waste, and build towards a low-carbon, circular economy. Through digital
strategies and intelligent labelling solutions, Sustainable Advantage drives circularity and provides customers with invaluable insight on their supply chain
impact. This can further efforts to reduce their environmental footprint, satisfy consumer demand and expectations, increase recyclability, and respond
effectively to government regulations, while achieving their own sustainability goals. The solutions within the range include adhesives that enable more
plastic to be recycled water-efficient digital printers labels and tags made with 100% certified paper industrial tapes to replace heavier fasteners compostable
paper packaging for shipping digital ID technologies and tools and services to empower companies to make not just their products more sustainable, but their
operations too. With a long-established commitment to advancing sustainability throughout the value chain, Avery Dennison has designed Sustainable
Advantage with the UN’s Sustainable Development Goals twelve and thirteen in mind. At the same time, the product range will contribute directly to the
company’s 2030 goal to provide a portfolio of products and solutions that will satisfy the recycling, composting or reuse requirements of single-use consumer
packaging and apparel and support its ambition to be net-zero on greenhouse gas emissions by 2050.

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BASF (Germany) launches QDYESTM for sustainable wide color gamut
display applications
28
BASF launches QDYESTM, an organic fluorescent material for display applications, to support manufacturers in producing the next generation wide
color gamut displays, serving needs in the TV/monitor, tablet, and mobile device markets. BASF’s proprietary SunvueTM color conversion technology
was launched in early 2018 to optimize blue LED light for different applications. It offers energy-efficient, bright, and comfortable lighting solutions
which are close to natural sunlight. BASF’s latest QDYESTM products, organic-based fluorescent materials specially created for use in LCD backlight,
are based on the ground-breaking SunvueTM color conversion technology. “SunvueTM technology represents a paradigm shift in LED lighting. It is
possible to change the light of conventional LEDs and adapt it optimally for different applications. Supported by the SunvueTM technology,
QDYESTM is the latest product we offer to display manufacturers in need of sustainable and wide color gamut display applications.” says Business
Manager Display, BASF Electronic Materials. Applied in color converting films via extrusion process, QDYESTM is insensitive to humidity and
oxygen, and is fully RoHS compliant with no heavy metal such as cadmium and lead or other hazardous materials like indium phosphide. Due to its
high efficiency and narrow emission spectra, QDYESTM achieve 100% in DCI-P3 and 80% in Rec2020 gamut when combined with suitable color
filters. In addition, the organic QDYESTM can efficiently convert long wavelength LED blue light into high quality white light with less sacrifice of
color gamut, the emission of harmful blue light (<455nm) is therefore drastically reduced for TUV Eyesafe® standard.

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Braskem (Brazil) develops the world's first renewable-source polyethylene
wax
29
Braskem launches the world's first polyethylene (PE) wax from a renewable source, intended for the production of adhesives, cosmetics,
paints and compounds used in the transformation of thermoplastic resins. The product, commonly used as a viscosity modifying agent in
several formulations, has the same properties and performance as the version made with PE of fossil origin. Produced from sugarcane
ethanol, the new solution offers a smaller CO 2 footprint, is recyclable and has a multimarket application. With the arrival of PE wax from
a renewable source on the world market, Braskem innovates and expands the I’m green TM bio-based portfolio with products that go
beyond existing resins supplied to date. The I’m green TM brand represents the company's commitment to the circular economy and is
comprised of renewable and recycled source solutions. The I'm green TM bio-based polyethylene used in the manufacture of renewable
PE wax is capable of absorbing carbon dioxide from the atmosphere during its production cycle. In addition, the manufacture of
renewable polyethylene from ethanol generates energy savings of around 80% compared to traditional routes. "We work daily with the
objective of uniting innovation and sustainable development to generate a better impact on the planet and society, and this launch is one
more result of our effort to decarbonize the value chain in which we operate", concludes Gustavo.

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Brenntag (Germany) Opens New Food Application and Development
Centre in Johannesburg, South-Africa
30
Brenntag is excited to announce the opening of the new Food Application and Development Centre in Johannesburg, South Africa. Aptly named, The Heart of
Africa, this new facility forms part of the greater EMEA Food & Nutrition network of Application and Development Centres supporting not just the Southern
African Food sector, but also Brenntag’s local food teams in East and West Africa. The FA&DC is an integral part of Brenntag‘s strategy in South Africa, to enable
the growth of Food Solutions to both existing and new customers and suppliers and to attract other world-class, local and international suppliers in search of a
suitable and reputable partner in the region. “The new centre enables us to focus on more pro-active, value-added and customised developments and provide that
step change in our solutions and service offerings to our valued customers. Macro-economic drivers and emerging food trends such as plant-based diets have
created a need for activities related to research and development and applications to become outsourced. Our facility will bring this service closer to the South
African and African Food Industry,” says Head of Applications and Development, Brenntag South Africa. The new site, located in the Pomona business district in
Johannesburg, is dedicated to the Life Science business. In addition to the FA&DC, it also houses a liquid flavor blending facility where Brenntag blends
tailor-made flavours for a diverse range of customers in the Confectionery, Bakery and Sport Nutrition sectors. Furthermore, the team is able to cater to all customer
demands regarding packaging ranging from drums to polycans. A modern state-of-the-art repacking line is yet another feature of this site. Repacks are a
value-added service that is synonymous with Brenntag, catering to the exact demands of the Food & Nutrition, Nutraceutical and Pharma sectors in Southern
Africa. All repackaging is performed and supported by the dedicated Quality and Regulatory teams.

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Dover (USA): 3RD Eye Launches New Eye-Site Next Generation Data
Interface
30
3rd Eye, part of Environmental Solutions Group (ESG) and Dover announced the launch of the new Eye-Site™ next
generation data interface, powered by Eye-Site Business Intelligence (“BI”). 3rd Eye’s next-generation digital strategy,
Connected Collections™, provides fleet owners with unprecedented access to asset-based data that enables faster critical
business decision-making. The launch of the new Eye-Site interface allows fleet owners to use the power of Eye-Site BI
to convert the abundance of data generated by vehicles into easy-to-understand, comprehensive reports that help inform
business decisions. The Eye-Site interface enables fleet owners to focus on specific areas of functionality and extract
information to make better decisions faster regarding safety, productivity, maintenance and profitability. The Eye-Site
interface is fully integrated with the 3rd Eye Verif-Eye™ and Safety Intelligence Connected Collection modules out of the
box and will soon be expanded to offer the complete suite of Connected Collections offerings.

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L3harris (USA) Launches Flight Safety Support Service with Flyr As
32
L3Harris Technologies launched Flight Safety Support Service, a new offering to the company’s current advanced
web-based flight data monitoring platform Flight Data Connect. L3Harris’ Flight Safety Support Service provides expert
analysis and investigation capability enabling operators to release pilots from the office and allow the airline to focus on
safe operations. The analysis provided to airlines will be led by L3Harris’ Rob Holliday, former head of operational safety
at the International Air Transport Association (IATA). Norwegian start-up airline Flyr AS, expected to launch during the
summer of 2021, will serve as the first customer for the new service. The airline plans to expand to a fleet of 30 B737’s in
the coming years. The data this new service will analyze and investigate comes from L3Harris’ Flight Data Connect. This
provides fast, accurate mapping of flights in graphical and 3D formats, with specific actionable insights generated by
statistical models and machine learning. All data is aligned and tailored to each customers’ defined safety operating
procedures.

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LG Chem (South Korea) Launches Integrated Green Brand, "LETZero"
33
LG Chem announced on July 19th that it is launching LETZero, an integrated premium green brand that actively targets the eco-friendly market
with PCR materials, biomaterials, and biodegradable plastics. LG Chem plans to strengthen its eco-friendly brand image through the LETZero
brand and proactively target the eco-friendly market, which is rapidly growing due to the increase of “greensumers” who seek to purchase products
that help protect the environment. At the recent CEO press conference, LG Chem announced that it would invest three trillion won in sustainability
business centered on eco-friendly materials, such as biomaterials, recyclable plastics, and industrial materials for renewable energy, until 2050.
The company will nurture the sector to become the key pillar of its future growth. LG Chem will apply the LETZero brand first to products made
of PCR materials, biomaterials, and biodegradable plastics first, then expand it to all the eco-friendly products, including battery materials. The
first product that applies this brand is the world’s first “bio-balanced SAP (Super Absorbent Polymer)” with ISCC plus certification to be released
at the end of July. This product, used for hygiene products such as diapers, has obtained ISCC plus, the most prestigious international certification
for eco-friendly bioproducts. Moreover, priority for the guarantee mark will be given to products made of PCR materials, plant-based biomaterials
such as waste cooking oil, and 100% biodegradable materials using waste glycerol and glucose from corn.

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Lonza Group (Switzerland): Kaged Muscle First to Launch with Lonza's
TWK10 Sports Probiotic in the USA
34
Kaged Muscle, a sports nutrition company based in Huntington Beach, California, and Lonza announced a collaboration to bring
Lonza's new probiotic ingredient, specifically for sports nutrition, to the US market. TWK10® sports probiotic helps answer
growing consumer demands for clean-label, naturally sourced and clinically proven dietary supplements and ingredients.
Originally sourced from Taiwanese kimchi, this unique form of the L. plantarum strain is the first probiotic formulated to address
athletes' health, performance and endurance at all levels. Kaged Muscle will launch Pro-biotic Premium Performance as part of
its product lines focused on endurance and active living. The company sells products with additional Lonza health ingredients,
including Carnipure® L-Carnitine and ChromeMate® ingredients. Kaged Muscle's Pro-biotic will be formulated using the
Capsugel® DRcaps® capsules, which feature a modified release profile ideal for the targeted release of probiotics in the gut.
Unlike traditional capsules designed to open the contents within the stomach, DRcaps® capsules feature a uniquely designed
release approach, ensuring maximum delivery of living probiotics to where they can be absorbed best.

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MHI (Japan) Thermal Systems to Launch Newly Developed Small-Capacity
Multiple- Air-Conditioner in Australia, New Zealand and Asia
35
Mitsubishi Heavy Industries Thermal Systems, Ltd. a Mitsubishi Heavy Industries (MHI) Group company, will launch its line of
small-capacity multiple air-conditioner outdoor units using the R32(Note1) refrigerant into the Australian, New Zealand and Asian
markets. The systems will be sold in those markets respectively through Mitsubishi Heavy Industries Air-Conditioners Australia, Pty.
Ltd. (MHIAA), which is an MHI subsidiary, and through Mitsubishi Heavy Industries-Mahajak Air Conditioners Co., Ltd., a joint
venture between MHI and a company based in Thailand. The simultaneous launches are aimed at further enhancing overseas sales of
MHI Thermal Systems as an outstanding air-conditioner brand, following robust sales of the same units in the European market since
their introduction in December 2020, coupled with high acclaim won in recent years by the company’s room air conditioners in
Australia and Hong Kong. In May 2021, MHI Thermal Systems also completed a complete revision of its KXZ Series (KXZ2) of
building-use inverter multi-split air conditioners for overseas markets (Note2). Once mass production kicks in, these new models,
which consists of Small-Capacity Multiple Air-Conditioner (4.5~5.5HP) and KXZ2 (10HP~) 17 in all. These units will also be
marketed in Australia, New Zealand and Asia.

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Motorola (USA) Solutions Introduces Concealed Weapon Detection Solution
to Alert Security Teams of Hidden Weapons
36
Motorola Solutions announced the newest addition to its video security and analytics portfolio, Concealed Weapon Detection (CWD), through an
agreement with Evolv Technologies, Inc. The scanning solution uses advanced sensors and artificial intelligence to detect a wide range of
concealed weapons and threats, such as firearms, metallic weapons and improvised explosive devices, on a visitor entering a premises. The
introduction of this technology is a part of Motorola Solutions’ongoing commitment to the innovation and integration of security technologies that
help organizations increase safety. The solution is designed to allow up to 3600 visitors to walk through one of the scanning systems per hour
without having to conduct pat downs or empty pockets as the technology can distinguish between personal items and weapons. If a threat is
detected, an alert is displayed on an Express tablet showing the location of the potential threat on the person’s body, or in their bag, to security
operators. Alerts are sent directly to Motorola Solutions’ video management system, Avigilon Control Center (ACC), which automatically notifies
and shares live video with the facility’s security team so they have precise awareness of the situation and can support an immediate response. In
addition, the sensitivity levels on the CWD solution can be adjusted to align with the safety needs of a facility based on their anticipated
threat-scenarios. This capability allows for the technology to identify and flag new threat profiles over time, and enables security personnel to
manage data and insights that help to provide a safe and positive experience for visitors and staff.

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MTU (Germany) Maintenance launches ON-SITEPlus product branding
37
MTU Maintenance, global market leader in customized aero engine solutions, launches ON-SITEPlus, a larger group of on-site, near-wing and
quick-turn services. This development and rebranding of the portfolio underscores the importance of on-site and near wing activities as a means to
reduce maintenance cost and extend on-wing times – a trend that has been particularly prevalent during the COVID-19 crisis and is expected to continue
as the industry recovers post-pandemic. MTU Maintenance’s growing ON-SITEPlusteam carries out AOG support, on and near-wing repairs from bore
scope inspections to module swaps as well as hospital shop visits for the largest engine portfolio worldwide, including the popular CF6, CF34, CFM56,
GE90, LEAP, and V2500 Engines. The Company has six on-site facilities across the globe and over 120 authority approvals. Its largest ON-SITEPlus
facility MTU Maintenance Dallas, which can dispatch teams to customers or provide work scopes up to hospital shop visits, has recently expanded its
available dock space by 40,000 square feet to provide short and long-term engine storage to support customer needs. MTU Maintenance Dallas is an
MTU center of excellence for on-site and quick turn repairs for CF34, CF6, CFM56, GE90, V2500, PW2000 and PW4000 engines on the American
continent. With over 30 engines in its portfolio, MTU Maintenance has completed over 20,000 shop visits in 40 years. The company combines this
engineering expertise with in-depth market understanding and robust financial strength to create the best solutions for customers. MTU Maintenance
has facilities in the Americas, Asia and Europe and employees over 5,800 engine experts from over 60 different nationalities.

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Philips (Netherlands) launches the youthful new Beard Trimmer- BT1000 series
with skin friendly blades catering to Gen Z needs in its male grooming category
38
Royal Philips a global leader in health technology launched its Beard Trimmer BT1000 series, the ideal product for Gen Z males who
are at the threshold of starting their grooming journey. Innovated and designed keeping in mind the sensitive skin of young men, the
BT1000 series will combine ease of use with a stylish look and feel and attractive pricing. With youngsters taking control of their
grooming style and regime in their own hands, this new product offering has been developed to offer both style and comfort to young
men. Featuring skin-friendly blades that guard against irritation, nicks and cuts, the ergonomically designed BT1000 is equipped with
Dura power technology which offers up to four times more battery life compared to any ordinary trimmer. The product features a
battery charging indicator and allows for 30 to 60 minutes of use with a single charge powering use for up to 2-4 weeks. Cordless in
design and equipped with a USB charger, the product’s durability is further enhanced with self-sharpening blades. Consumers are
looking for grooming solutions at home thus driving the ‘Do-it-yourself’ movement. Philips is betting big on personalized care with
these products, which is the perfect answer to the concern of getting salon-like results with ease, in the comfort of one’s home.

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Solvay (Belgium) launches its first partially bio-based textile yarn
39
Solvay is globally launching Bio Amni®, the first partially bio-based polyamide textile yarn developed by the company. It is a polyamide 5.6,
which is produced entirely at the company's textile industrial unit in Brazil. The development of Bio Amni® follows the growing global trend in
demand for more sustainable textile products, especially bio-based materials. Solvay's research and innovation teams worked on the creation of
the product for two years. The textile sector currently faces three main challenges in relation to the environment and sustainability: resources, the
production process, and disposal. Solvay already has developed sustainable alternatives in the production process, using cleaner energy sources,
closed water circuits, and zero effluent emissions at its industrial unit in Brazil, as well as more biodegradable products to support more sustainable
disposal. With Bio Amni®, Solvay is now offering its first partially bio-based textile yarn, further expanding on its diverse portfolio of sustainable
products. With the launch of Bio Amni®, sustainable textiles will now account for 30 percent of Solvay's global polyamide portfolio, a figure
which the group expects to reach 50 percent in the next three years. Bio Amni® is just the latest of Solvay's innovations for the global textile
market. In 2020, as a quick response to COVID-19, the company launched Amni® Virus-Bac OFF, a functional polyamide that inhibits
contamination between textiles and users, preventing the fabric transmitting viruses, including coronaviruses, and bacteria.

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Asahi Kasei (Japan) obtains “OK biodegradable MARINE” certification
for Bemliese continuous-filament cellulosic nonwoven fabric
40
Asahi Kasei obtained the “OK biodegradable MARINE” international certification in January 2021 that verifies the marine biodegradability of
Bemliese™ continuous-filament cellulosic nonwoven fabric. Bemliese™ has drawn attention as a sustainable material, and its demand is growing
overseas. To further raise competitiveness in global markets with a uniform brand image across all applications and regions for higher brand value,
the logo, tagline, and website for Bemliese™ have been renewed. OK biodegradable MARINE is a well-known certification issued by TÜV
AUSTRIA BELGIUM NV/SA1 in Europe, where proactive adoption of bioplastic2 is advancing. Being made using environmentally friendly
technology with 100% cotton linter as the raw material and strict control of chemical substances, Bemliese™ has already obtained the international
certifications OK compost INDUSTRIAL3, OK compost HOME4, and OK biodegradable SOIL5, making OK biodegradable MARINE the fourth
biodegradability certification obtained. Manufactured only by Asahi Kasei, Bemliese™ is a continuous filament nonwoven fabric made from
cotton linter, the short fibers around cotton seeds. Featuring high liquid absorption and retention, environmental compatibility being derived from
natural material, and low impurities, Bemliese™ is used in a wide range of applications such as cosmetic facial masks and disinfectant wipes.
Asahi Kasei will further expand applications for Bemliese™ by leveraging the marine biodegradability certification. Asahi Kasei continues to
advance the development of technology for environmentally compatible materials as part of its contribution to sustainability for the world.
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Barratt (UK) Site Managers win Pride in the Job Quality awards
41
Barratt have won a prestigious Pride in the Job award for the quality of the homes they are building. Known as the “Oscars of the
housebuilding industry”, the National House Building Council (NHBC) Pride in The Job Quality awards recognise the finest Site
Managers from around the country. This is the 17th year in a row that Barratt has won more Pride in the Job Quality awards than
any other housebuilder, showing its long-term commitment to building high quality homes. These awards, now in their 41st year,
rate Site Managers against key criteria such as technical expertise, health and safety, consistency, leadership and attention to
detail. The awards celebrate the vital role Site Managers play in ensuring new homes are delivered on-time, on safe sites, and to
the highest quality standards. Every Site Manager who is registered with the NHBC is automatically entered into the awards, with
just 450 winners being selected from 11,000 entrants, showing how difficult they are to win. These awards come off the back of
a Barratt Developments Site Manager being crowned the overall winner in last year’s awards. Kirk Raine, Senior Site Manager
won the supreme award, the fifth time in the last six years that a Barratt Site Manager has won the top prize.
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Triple Health & Safety award win for Berkeley (UK)
42
The Royal Society for the Prevention of Accidents has named St Edward as Winner of the Construction House building
& Property Development Industry Sector at its 2021 Health & Safety Awards. This is the third consecutive year of
winning the award for Berkeley St Edward, celebrating its outstanding performance in health and safety during
construction. Entrants must be able to demonstrate a robust and high-quality safety management system, together with
a minimum of four years' consistently excellent or continuously improving performance on its sites. Berkeley Capital
was also Highly Commended in the same category for the second consecutive year, and Berkeley Oxford & Chiltern
received a Gold Award for its safety performance. Berkeley Group's Annual Injury Incidence Rate consistently
outperforms the industry average and we target zero harm on every site, as we champion health and safety for every
employee and contractor working with us. Our current rate is 1.17, compared to the industry average of 3.66.
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Braskem (Brazil) is a finalist in the WEPs Award for the second time in
the category "Companies Empowering Women"
43
Braskem's mission is to contribute to the development of a better society for current and future generations, through various
actions and programs that carry the principle of equality and inclusion. As a result, the company was selected as one of the
finalists for the WEPs Award, recognized by the United Nations Global Compact, in the category "Companies Empowering
Women". Signatory of WEPs since 2015, the company won the Bronze position for the second time - the first was in 2019.
The recognition is in line with the purpose of the company, which has a pillar dedicated to the topic within the 7 macro
business objectives based on the UN sustainability goals and which, through the Diversity, Equity and Inclusion (DEI)
program, develops actions to enhance the representation and inclusion of women in leadership, carry out cross-cutting
initiatives aimed at the inclusion and empowerment of minority groups and ratifies the importance of organizations in this
transformation, diversifying internal processes and policies in the search for a culture of gender equity. Other objectives of the
DEI program include the socioeconomic pillar, people with disabilities, race and ethnicity and LGBTQIA+.
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Chemours (USA) Receives 2021 ACC Sustainability Leadership Award
44
The Chemours Company a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions,
Advanced Performance Materials and Chemical Solutions, was honored by the American Chemistry Council (ACC) with the 2021 Sustainability
Leadership Award in the Product Safety, Innovation, and Transparency category. Chemours received the award for its sustainable offering
methodology, better known as EVOLVE 2030. EVOLVE 2030 is a Chemours-developed, third-party validated method designed to scientifically
quantify the company's contributions to the UN Sustainable Development Goals (UN SDGs). The EVOLVE 2030 initiative is a part of Chemours'
Corporate Responsibility Commitment (CRC) Goals, which were launched in 2018 and include 10 bold goals to achieve by 2030, each aligned
with the UN SDGs. The company's sustainable offerings goal is for 50% or more of Chemours revenue by 2030 to come from offerings that make
a specific contribution to the UN SDGs. This is Chemours' second Sustainability Leadership Award in the program's short history, previously being
honored in 2019 for the development of Opteon™ low global warming potential refrigerants, part of an industry-leading family of more
sustainable products the company offers. The ACC developed the Sustainability Leadership Awards in 2019 to recognize ACC member company
achievements and contributions to sustainability in priority areas highlighted in the Council's sustainability strategy.
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The Chemours (USA) Company Receives Recognition from Honda Brazil
45
The Chemours Company a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions,
Advanced Performance Materials and Chemical Solutions, was among the select companies recognized as the best suppliers of Honda Automóveis
Brasil in 2020. The award takes into account criteria such as quality, delivery, service, costs, performance in the parts division and preservation of the
environment, among others. Chemours was also recognized by Honda Brazil in 2018 in the same category of Excellence in Quality and Delivery for
the supply of refrigerant fluid for the air conditioning systems of its cars. According to Renato Cesquini, Chemours Commercial Manager in Latin
America for the Thermal & Specialized Solutions business, this recognition highlights the quality of Chemours products and service. Supplying
refrigerant fluids to automotive manufacturers in Brazil has allowed Chemours to establish a large presence in the country’s automotive sector, and
today, many of the vehicles manufactured in Brazil use Chemours refrigerants in their air conditioning systems. That commitment to supplying
high-quality refrigerants for mobile air conditioning systems extends to Chemours work to help make a better world through responsible chemistry. The
company established its 10 goals to achieve by 2030 as part of its Corporate Responsibility Commitment. The goals, which are mapped to the United
Nations Sustainable Development Goals (UN SDGs), include having sustainable product offerings, such as the Opteon™ portfolio, that meet market
needs and comply with environmental regulations.
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CREC (China) Once Again Wins China Patent Gold Award
46
The State Intellectual Property Office of China recently announced recipients of the nation’s top awards for patents among
which the “welding method of Q345qDNH weathering steel for bridges invented by China Railway Shanhaiguan Bridge
Group Co., Ltd. won a Gold Award of China Patent Award, the“shield machine with cast-in-place support for large-horseshoe
cross-section tunnels”(ZL201510453835.7) developed by China Railway Engineering Equipment Group Co., Ltd. won a
silver award, and seven patents of China Railway Erju Group, China Railway No.3 Engineering Group, CREC Shanghai Civil
Engineering Co., Ltd., China Railway Major Bridge Engineering Group, China Railway Major Bridge Reconnaissance
Design Institute Co., Ltd., and China Railway Hi-tech Industry Corporation Limited won Excellence Awards. This is the
second time that CREC has won the China Patent Gold Award, following its first recognition in 2020. Co-sponsored by the
State Intellectual Property Office of China and the World Intellectual Property Organization (WIPO), China Patent Award is
China’s only governmental award specifically for patented inventions and creations, and is recognized by the WIPO.
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CNPC (China) Recognized as Low Carbon Model in China for the 10th
time
47
The 12th Forum on "Low-carbon Development • Green Life" hosted by China Newsweek, China News Service, was held in Beijing. Focusing
on the "carbon neutrality and carbon peak" targets, attendees at the forum discussed China's efforts and practices in green development. CNPC
was recognized as "Low Carbon Model in China" for the 10th time by the forum, due to its outstanding contributions to green and low-carbon
development and eco-environmental protection. CNPC actively implements the concept of "Lucid waters and lush mountains are invaluable
assets", and has taken solid steps on the path of green and low-carbon development. During the 13th Five-Year Plan period, while enhancing
the exploration and production of natural gas and unconventional natural gas, the Company actively expanded import channels of pipeline
natural gas (PNG) and liquefied natural gas (LNG) from abroad to form a diversified natural gas supply system. In 2020, the Company's
natural gas production accounted for more than 50% of its total domestic oil and gas production for the first time, marking a significant
progress in green and low-carbon transition. CNPC took the lead in formulating the Methane Emission Control Action Plan and initiated the
establishment of the China Oil and Gas Methane Alliance to deepen energy conservation, emission reduction and pollution control. As of
2020, 47 oil and gas production subsidiaries of the Company have been included in the list of the National Green Mines.
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Far Eastern New Century (Taiwan) was selected as the top ten in the
"Greater China Corporate Sustainability Index"
48
Far Eastern New Century Corporation was selected as the first "Greater China Business Sustainability Index (GCBSI)", ranking tenth among 200 listed
companies in the three regions of the Taiwan Strait, and fourth among Taiwanese companies, showing that the company will always The results of continued
development are obvious to all and have been affirmed. The Business Sustainability Center (CBS) of the Business School of The Chinese University of Hong
Kong released the first Greater China Corporate Sustainability Index (GCBSI) on June 24, 2021, covering the Hang Seng Index, the FTSE Taiwan 50 Index,
the Shenzhen Stock Exchange 100 Index and the Shanghai Stock Exchange 50. 200 listed companies in the A-share index. CBS stated that Taiwan listed
companies performed best in the first GCBSI, with an average score of 66.05, which is higher than the average of companies in Hong Kong, Shanghai, and
Shenzhen. Far Eastern New Century was named "Pace-setter" (80-89 points), leading the industry with outstanding performance. Far East New Century
promotes sustainable finance. In 2018, Taiwan private enterprises issued the first green bond (Green Bond), in 2020, the first sustainable development bond
of Taiwan enterprises (Sustainability Bond) and Asia's first perpetual index-linked loan and Commercial promissory note guarantee quota, Taiwan’s first
corporate social bond (Social Bond) will be launched in 2021, becoming the only company in Taiwan’s capital market that has completed the issuance of
green bonds, sustainable development bonds and social bond bonds. As a global leader in recycled polyester, Far East New Century processes more than 60%
of waste PET bottles in Taiwan every year. The global recycled polyester production capacity is equivalent to assisting in the elimination of 21 billion waste
bottles each year, contributing 900,000 tons of carbon reduction each year, which is equivalent to the carbon absorption of 2,300 Daan Forest Parks.
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Johnson Matthey (UK) and bp technology enabling waste to be converted
into sustainable fuels scoops top prize
49
Johnson Matthey have been awarded the RSC’s 2021 Dalton Division Horizon prize for their collaboration with bp to create bp-JM
Fischer-Tropsch Technology – a renewable route to sustainable aviation fuels created from household waste. The waste, which would
otherwise be sent to landfill and decompose to form methane, will first be separated from any recyclable items before being converted
to syngas and used to make sustainable aviation fuel, which burns cleaner and with fewer particles. The team developed a new
catalyst formation – using concepts from fundamental inorganic chemistry, optimising cobalt dispersion and molecular interactions
– as well as a new carrier for the catalyst that increases its surface area and removes the heat given off during the reaction. The fuel
will initially be deployed by Fulcrum BioEnergy in Nevada in 2021. Once operational, the plant – the first of its kind in the US – is
expected to convert approximately 175,000 tons of household waste into approximately 11 million gallons of fuel each year – the
equivalent of fuel needed for more than 180 transatlantic return flights. It is a vital step in the transition to low carbon fuels in the
aviation industry – one of the most challenging sectors to adapt due to the energy density needed in aircraft.
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Kubota (Japan) wins Chinese Supreme People's Court patent case
50
Kubota Corporation wins a patent infringement lawsuit against China Suzhou Jiufu Agricultural Machinery Co., Ltd. Kubota noticed
that Jiufu manufactured and sold rice transplanters with model names as "2ZS-4 (F4)" and "2ZS-6 (F6)". Kubota believes that Jiufu's
above actions infringed Kubota's Chinese patent right. So in October 2017, Kubota filed a patent infringement lawsuit with the
Intellectual Property Tribunal of the Suzhou Intermediate People's Court. In November 2019, the Intellectual Property Tribunal of the
Suzhou Intermediate People's Court held that Jiufu infringed Kubota patent and entered a judgment of first instance, awarding both
the injunction and the compensation for the losses of the plaintiff. After that, Jiufu appealed to the Intellectual Property Tribunal of
the Supreme People's Court. On April 14, 2021, the Intellectual Property Tribunal of the Supreme People's Court entered a
second-instance judgment that rejected the appeal and upheld the first-instance judgment. As a result, the winning of the patent case
was finally confirmed. According to the legally effective judgment, Jiufu is ordered to stop the production and the sale of the
infringing rice transplanters with model names as "2ZS-4 (F4)" and "2ZS-6 (F6)", and to pay Kubota RMB 1.3 million for damages
and reasonable expenses.
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LG Chem (South Korea) Achieving ESG with Small and Medium Enter-
prises LG Chem Selected as the First
51
LG Chem, which has supported the ESG management of small and medium-sized enterprises (SMEs), was selected as a “Voluntary Business for
Win-win Relationship” by the Ministry of SMEs and Startups for the first time in the petrochemical industry. Voluntary Business for Win-win
Relationship is a project to find large corporations that willingly share their know-how with small and medium-sized enterprises through cooperation.
The Ministry of SMEs and Startups recently upgraded this project to 2.0, expanding the scope of support for SMEs’ carbon neutrality and ESG
management. Through this agreement, LG Chem plans to contribute 100 billion won out of the 820 billion won ESG bonds previously issued to create
a fund and support SMEs in all directions. Shinhan Bank will apply LG Chem’s deposits to reduce or subsidize loan interest for SMEs. When SMEs
request assistance from LG Chem for activities that require funds according to their sectors, LG Chem will decide whether to provide financial support
considering the degree of contribution to the environment, society, and governance, as well as systematic measures to monitor the process. For the
environmental component of SMEs’ ESG management, LG Chem will support the improvement of environmental systems such as carbon reduction
and application of new technologies related to low-carbon emissions, conversion to renewable energy, improvement of energy efficiency in facilities
and processes, reduction of air pollutant emissions, and recycling of waste plastics. For example, when SMEs shift from coal to LNG as fuel, or replace
the deteriorated and inefficient energy facilities, they can receive funding from LG Chem.
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PulteGroup (USA) Named a Best Workplace for Millennials
52
PulteGroup, Inc. announced its recognition as one of the 2021 Best Workplaces for Millennials™ by Fortune and
Great Place to Work®. This is the company’s first time being named to this impressive list, ranking #54. The 2021
Best Workplaces for Millennials award is based on an analysis of survey responses from more than 5.3 million
current employees at Great Place to Work-Certified™ companies across the country. Within PulteGroup’s survey
results, 94% of the company’s employees said PulteGroup is a great place to work. This number is 35% higher than
the average U.S. Company. This recognition joins PulteGroup’s other recent Fortune magazine designations,
including 100 Best Companies to Work For® (ranked #75 in 2021) and Best Workplaces for Women (ranked #68 in
2020).
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Rockwell Automation (USA) recognized as a finalist for the 2021 Microsoft
Internet of Things Partner of the Year
53
Rockwell Automation, Inc. the world’s largest company dedicated to industrial automation and digital transformation has been named
a finalist of the 2021 Microsoft Internet of Things Partner of the Year Award. The company was recognized among a global field of
top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft
technology. The Microsoft Partner of the Year Awards recognizes Microsoft partners that have developed and delivered outstanding
Microsoft-based solutions during the past year. Awards were classified in various categories, with honorees chosen from a set of more
than 4,400 submitted nominations from more than 100 countries worldwide. Rockwell Automation was recognized for providing
outstanding solutions and services for IoT. The Internet of Things Partner of the Year Award recognizes a Microsoft partner that has
designed, developed and deployed IoT solutions built on its intelligent cloud and edge innovations, such as Azure, IoT and edge
devices with their customers. These solutions are helping companies quickly improve their business by increasing visibility into their
digital assets, such as where they are at a given time or predicting maintenance required to ensure zero downtime. As a result, they
can drive business results and grow customer value.
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Toray (Japan) Jointly Wins Sustainable Activity Prize in Logistics Environment
Award for Contributions to Green and White Logistics Movements
54
Toray Industries, Inc., announced that it and UPR Corporation jointly won the Sustainable Activity Prize as part of the 22nd Logistics Environment Award
of the Japan Association for Logistics and Transport. This was for Toray becoming the first company to use “Smart Pallet” employing UPR-developed active
RFID tags. This prize recognizes exceptional contributions from organizations, companies, or individuals to progress in the logistics sector by lowering its
environmental impact through conservation and environmental awareness enhancement activities or through pioneering technological development. Using
UPR’s tags has enabled through-transit pallet transportation and eliminated much manual loading and unloading for truck drivers. This has enhanced work
environments and logistics productivity. Another factor in receiving this prize was that Toray has been able to reduce carbon dioxide emissions by 197 metric
tons annually by better tracking pallets to streamline its network for recovering those items. Key outcomes from using “Smart Pallet” incorporating active
RFID tags:
• ・Carbon dioxide emissions lowered 83%, or 197 metric tons annually
• ・Product loading and unloading times reduced 75%, or 23,788 hours annually
• ・Work efficiency improved through 100% work time reduction, saving 1,584 hours annually
• ・Truck standby times cut 38%, or 5,947 hours annually
• ・Bag damage down 35%, or 148 incidents annually
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Alstom (France): First automatic people mover (APM) delivered to Beijing
Capital International Airport
55
Alstom’s Chinese Joint Venture CRRC Puzhen Bombardier Transportation Systems Limited (PBTS) delivered the first new automatic people
mover (APM) train to BCIA (Beijing Capital International Airport). A delivery ceremony was held in the assembly area of its workshop; the
customer toured the factory and was able to take the new APM train. Beijing Capital International Airport, as China's "first gateway", is a large
international airport with the most important geographical location, the largest scale, the most complete equipment and the busiest transportation
and production in China. The number of flights taking off and landing and the passenger throughput of the airport are in the leading position in the
industry worldwide. In 2008, Alstom delivered Beijing Olympic designated project–Beijing Capital International Airport APM to welcome the
Olympic Games, and in November 2019, PBTS and BCIA signed the APM trains supply and upgrading contract. Facing with the challenge of
COVID-19, the teams of both sides overcame the difficulties and worked together to push forward the project design, production and delivery, and
completed the testing of train in early July 2021, which was ready for delivery. Since established in 2014, PBTS has been committed to providing
small and medium volume rubber wheel rail system solutions, and the core products of PBTS, monorail and APM, have achieved impressive
results in the domestic and international markets. The rubber wheel APM system is one of the best solutions for passengers to move quickly and
easily between airport terminals.
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Huntington (USA) Ingalls Industries Wins Planning Yard Contract worth
a Potential $724 Million
56
Huntington Ingalls Industries announced that its Ingalls Shipbuilding division has been awarded a contract with a potential total value of
$724 million for planning yard services in support of in-service amphibious ships. Planning yard services provided will be in support of
amphibious transport dock (LPD 17), assault (LHD 1 and LHA 6), command (LCC 19), and dock landing classes of ships. The contract
includes options over a seven-year period and covers fleet modernization availability planning engineering, design and logistics support
material procurement program and configuration data management and on-site technical support through established homeport and
planning yard offices and resources. Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of
professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding
divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical
Solutions division supports national security missions around the globe with unmanned systems, defense and federal solutions, and
nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs more than 41,000 people operating both
domestically and internationally.
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