Companies / Markets

 
ALTANA’s goal is to become CO2 neutral by 2025 (graphic: ALTANA)

ALTANA CO2-neutral by 2025


Companies / Markets

By 2025 the specialty chemicals group ALTANA (Wesel, Germany) will reduce its CO2 impact from production and energy procurement worldwide to zero. Already in 2020, the company’s entire power supply will be converted to renewable energies. ALTANA will compensate for the unavoidable use of natural gas until 2025 by financing equivalent climate protection projects in the regions where CO2 emissions are generated. The same applies to offsetting CO2 emissions arising from necessary business trips, company cars, and the transport of goods. The specialty chemicals group will thus achieve climate neutrality in its direct sphere of influence by 2025.

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The team behind MICLEDI (photo: imec)

Imec spin-off MICLEDI Microdisplays raises €4.5M for the development of AR glasses


Companies / Markets

MICLEDI Microdisplays, the latest spin-off of imec (Leuven, Belgium), has raised €4,5M seed capital from imec.xpand, with participation of PMV and FIDIMEC. The funding will be used to develop microLED displays for next generation Augmented Reality (AR) glasses.

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CPI’s support in a smart food labelling project aims at reducing food wastes (photo: Maria Lindsey Multimedia Creator – pexels.com)

CPI supports smart food-labelling project set to reduce food waste in 2020


Companies / Markets

CPI has supported the development of a next-generation smart labelling technology aimed at dramatically cutting food waste and health risks across the perishable goods industry.

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Canatu’s new building in Vantaa (photo: Canatu)

Canatu celebrates opening of new factory


Companies / Markets

Canatu’s new factory was opened on 20 November 20129 in Vantaa, Finland. The new factory has room to increase the manufacturing capacity 150 times compared to the old Konala factory. In the new site, Canatu introduced the new CNB production line and one of Finland's largest clean rooms. The company has several design wins which will lead to mass production according to their customer's product plans. The first mass production case started in 2015.

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Avery Dennison expands its offering with the acquisition of Smartrac (photo: Avery Dennison)

Avery Dennison to acquire Smartrac’s RFID inlay business


Companies / Markets

The Avery Dennison Corporation (Glendale, California) announced a definitive agreement to acquire Smartrac’s Transponder (RFID Inlay) Division, for the purchase price of €225M, subject to certain closing and post-closing adjustments. The division is a leader in the development and manufacture of RFID products, with 2019 estimated global revenue of approximately €125M, or approximately $140M, and approximately 900 employees.

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