News


25.2.2021
China’s Social Commerce Sales to Soar by 36% to $363 Billion in 2021
Though the US social commerce market is growing at a rapid pace, China is not likely to lose its position of dominance in the near future. According to the research data analyzed and published by Finaria, the total social commerce sales in China was worth $242.41 billion in 2020, accounting for 11.7% of online sales. It will grow to $363.26 billion in 2021 and account for a 13.1% share of the eCommerce market. The US will take the lead in retail sales in 2021, with $5.506 trillion against China’s $5.13 trillion. But China’s eCommerce sales will outperform the US by a $2 trillion margin. The total number of social buyers in China was estimated to be 357.2 million in 2020. It is forecast to increase to 392.2 million in 2021, 420.0 million in 2022 and 446.8 million in 2023. The commerce market’s performance is partly attributable to China’s smartphone-driven culture. Most social buyers use mobile devices to shop and most digital storefronts start out on mobile layouts. WeChat’s Mini Programs is among the most popular platforms for social commerce. In 2020, the platform facilitated transactions worth 1.6 trillion yuan ($250 billion).
(Source: Psychic Ventures Ltd.)
25.2.2021
Semiconductor Equipment Industry Billings Topping $3 Billion for First Time
North America-based manufacturers of semiconductor equipment posted $3.04 billion in billings worldwide in January 2021 (three-month average basis), the first time monthly billings have reached $3 billion, according to the January Equipment Market Data Subscription (EMDS) Billings Report published today by SEMI. The billings figure is 13.4 percent higher than the final December 2020 billings of $2.68 billion and is 29.9 percent higher than the January 2020 billings level of $2.34 billion. “January billings of North America-based semiconductor equipment manufacturers marked a historic monthly high for the industry and a great start to the year,” said Ajit Manocha, SEMI president and CEO. “The acceleration of digital transformation is fueling strong, durable demand for semiconductor equipment.” The SEMI Billings report uses three-month moving averages of worldwide billings for North American-based semiconductor equipment manufacturers. Billings figures are in millions of U.S. dollars.
(Source: SEMI)
25.2.2021
New Managing Director for Arburg France
Pascal Laborde has been in charge of the French Arburg subsidiary in Aulnay-sous-Bois since 1 November 2020. His main objectives are to further develop the successful business in France and to continue to advance the excellent reputation Arburg enjoys as a machine builder and automation, turnkey and digitalisation partner for the plastics processing industry. Traditionally, Arburg has had very close links with the French market, which is why Arburg SAS was the company’s first foreign subsidiary to be set up back in 1985. This long-standing subsidiary has been under the leadership of Pascal Laborde since November 2020. Pascal Laborde has the ideal credentials for his role as Managing Director. He completed a degree specialising in sales and marketing in France and also has many years of experience in the fields of machine construction and automation solutions. Most recently, Pascal Laborde was a member of the management team for a medium-sized French engineering company. He has an in-depth understanding of both French and international B2B business as well as the machine construction industry in France.
(Source: ARBURG GmbH + Co KG)
24.2.2021
REED Exhibitions UK Announces Peter Kumposcht as Sales and Marketing Director
Reed Exhibitions UK today announced that Peter Kumposcht has been appointed as Sales and Marketing Director for Reed Exhibitions UK. In addition to this role, he will oversee the Reed Exhibitions India business, supporting COO Anuj Mathur and CFO Arun Bhalla. He reports to Anna Dycheva-Smirnova, CEO of Reed Exhibitions UK, Russia, Middle East and Turkey, and joins her UK Exhibitions Leadership Team. Commenting on the appointment, Anna Dycheva-Smirnova said: “I’m excited that Peter has joined the team at such a time of transformation. His experience in digital and data as well as his knowledge of marketing and sales within the B2B world will be a fantastic asset to our team in the UK. In addition, his leadership qualities will enable us greatly during this time of significant transformation for the Reed Exhibitions’ brand.” Kumposcht commented: “I am eager to get stuck in with the team as we reshape the business to get us back to growth in the coming years. I love to work with great teams finding new solutions for customers and this role will enable me to utilise my previous experience at RELX to empower our teams to fulfil this next exciting step for Reed Exhibitions.”
(Source: REED Exhibitions UK)
24.2.2021
Lufthansa Group Launches Integration of Covid-19 Test Certificates Into Digital Travel Chain
Prior to Lufthansa flights from Frankfurt to Istanbul, Turkey and from Newark, USA to Frankfurt and Munich, customers have the option of sending their Covid-19 test certificates and confirmations of digital entry applications to a specially setup Lufthansa Group Health Entry Support Center via a contact form as early as 72 hours before departure starting Friday. SWISS customers will be able to use this service on the Newark, USA to Zurich, Switzerland route during March. Passengers traveling on these flights will receive advance notification and a link to a portal where the relevant contact data and certificates can be stored. At the service center, the documents are checked. After the check, the customer receives a confirmation by e-mail, whether the certificates meet the entry
requirements or a feedback if the documents are not sufficient. Regardless of this, the original certificates must continue to be carried on the trip.
(Source: Deutsche Lufthansa AG)
24.2.2021
Covestro Successfully Navigates Exceptional Year 2020
Covestro saw a strong end to an exceptional year in 2020 and benefited, especially in the second half, from its consistent crisis prevention measures and a recovery in demand. Despite the very successful fourth quarter, the Group could not fully compensate the massive, pandemic-related cut-backs that arose in the first six months. In 2020, the Group's core volumes sold were down by 5.6% over the prior-year period. Group sales also declined, falling 13.7% year over year to approximately EUR 10.7 billion. By implementing extensive cost-saving measures, Covestro was able to limit the year-over-year decline in EBITDA to 8.2%, finishing fiscal 2020 as forecasted at approximately EUR 1.5 billion (previous year: approx. EUR 1.6 billion). Net income reached EUR 459 million (–16.8%), while free operating cash flow (FOCF) increased to EUR 530 million (+12.1%).
(Source: Covestro AG)
23.2.2021
BIOFACH/VIVANESS 2021: The Organic and Natural Cosmetics Community meets Digitally
The organic food and natural and organic personal care products community came together for their annual sector gathering on 17-19 February 2021. This year’s event was entirely digital. With 775 sessions during the three-day event, divided between Congress, exhibitor presentations and round tables involving 1,442 exhibitors from around the world, the BIOFACH/VIVANESS eSPECIAL provided a wealth of highlights for a total of 13,800 registered participants from 136 countries. More than 400,000 chat messages were sent and over 10,000 video meetings held as the participants interacted at a highly professional level. This year’s BIOFACH and VIVANESS Congress proved very popular. The session “The German Organic Market: Facts, Figures, Analysis 2021”, for example, achieved record participant numbers with more than 700 attendees. The next meeting of the international organic food and natural and organic personal care products sector will move to a Tuesday-Friday slot, and will take place on 15-18 February 2022.
(Source: NürnbergMesse)
23.2.2021
tw-elektric Relies on Green Solder Masks from Peters
tw-elektric relies on solder resists from Peters: The PCB manufacturer located in the Black Forest has chosen the green ELPEPCB® solder resists Elpemer® GL 2467 SM-DG - a curtain coating ink - and the AS 2467 SM-DG - a spray coating ink - for their production. By the combination of a casting table and a spray system, the family-owned company from the town of Furtwangen has found an optimum solution for applying these solder resists. The company ahk Service & Solutions has designed the machinery for this purpose. According to Andreas Harsch, ahk's Managing Director, "the well-established curtain-coating method combined with modern spray coating technology offers the optimum coating solution for every PCB design option with the appropriate ink colour". For tw-elektric, the benefits presented by the Peters ink systems are short exposure times and direct imaging. This way, they will also permit excellent direct exposure properties in the future with LEDs or laser light sources. "Another important point for us to go for Elpemer® inks is that they are free from photoinitiators of the types 907 and 369," says Andreas Müller.
(Source: Lackwerke Peters GmbH & Co. KG)
23.2.2021
SEMI and 16 Industry Groups Send Letter to President Biden
In a letter sent to President Biden today, SEMI, the industry association serving the global electronics design and manufacturing supply chain, and 16 organizations representing industries including automotive, medical and technology urged the Biden administration to bolster domestic semiconductor manufacturing and research. The letter calls for funding the initiatives authorized in the CHIPS for America Act and the enactment of a federal investment tax credit (ITC) for semiconductor manufacturing facilities and equipment that would quickly provide a significant, direct and transparent incentive to all companies investing in new and expanded semiconductor facilities in the United States. While U.S.-headquartered companies account for nearly half of global semiconductor sales and lead in market share across semiconductor manufacturing equipment, design software and key materials, only 12 percent of global semiconductor manufacturing capacity is located in the U.S.
(Source: SEMI)
19.2.2021
SunBrush® mobil and Infinity Establish Service Base at Benban, Africa's Largest Solar Park
SunBrush® mobil, the world market leader for solar cleaning equipment, and Infinity, the Egyptian solar project developer, have opened a service base at Africa's largest solar power plant. From now on, four Infinity employees will maintain and repair the 24 SunBrush® mobil Compact cleaning devices currently in use at the 1.65 GWp Benban Solar Park near Aswan. In a newly equipped workshop, the team trained by SunBrush® mobil can handle any repair and maintenance work. So that the technicians can replace wear parts quickly and easily, SunBrush® mobil has built a 100 square-meter warehouse and equipped it with spare parts. As its exclusive agent, Infinity represents SunBrush® mobil throughout Egypt. “We have put together a powerful team that provides fast and reliable service to our Egyptian customers,” says SunBrush® mobil's Managing Director Franz Ehleuter, pleased. In the future, he also plans to handle sales in Egypt from Benban.
(Source: SunBrush® mobil GmbH)
19.2.2021
CRO Leaving Swiss Steel Group After Target Achievement
Swiss Steel Group, a global leader in special long steel, announced today that acting CRO Josef Schultheis will leave the company as planned on February 28, 2021. Since joining the company on August 12, 2020, the departing CRO Josef Schultheis had been driving the transformation to turnaround on an interim basis as a full member of the Group Executive Board. With his experience, Swiss Steel Group was able to counter the drastic effects of the COVID-19 crisis more effectively and identified various additional potentials under his leadership. In particular, he was largely responsible for the negotiations on the financing concept and played a key role in driving forward its implementation. In view of the conclusion of the planned capital increase, which is expected by March 22, 2021 at the latest, Josef Schultheis will step down from the Executive Board as originally planned on February 28, 2021. The Board of Directors and the Group Executive Board thank Josef Schultheis for his commitment to the company and wish him all the best for the future.
(Source: Swiss Steel Group)
19.2.2021
ALTANA completes acquisition of TLS business with metal powders for 3D printing
The specialty chemicals group ALTANA has completed the acquisition of the business of TLS Technik GmbH & Co. Spezialpulver KG, thus strategically expanding its ECKART division. TLS, based in Bitterfeld, Germany, has more than 25 years of experience and is one of the leading international specialists in the production of high?quality metal powders for industrial 3D printing. The business will operate under the name ECKART TLS GmbH as of immediately. The acquisition was announced on September 14, 2020. “TLS’s expertise in the manufacture of metal powders and alloys for metallic 3D printing supplements the strengths of ECKART as an experienced specialist in the atomization of metals,” says Dr. Wolfgang Schütt, President of ALTANA's ECKART division. “With the acquisition, we are expanding our business with functional applications and positioning ourselves in a technological market of the future.”
(Source: ALTANA AG)
16.2.2021
International Experts Examine the Future of the Corporate Events Industry
The events industry has been hit hard by the corona crisis, and the long-term repercussions are uncertain. International experts from the events industry and other sectors will meet virtually in mid-April 2021 to advise Rotterdam on the future of the MICE industry (Meetings, Incentives, Conferences and Exhibitions). The experts are part of a special MICE edition of the International Advisory Board Rotterdam (IAB). The IAB provides the City Council of Rotterdam with economic perspectives, and the consequences thereof, for the MICE sector worldwide. The advisory board also examines the specific impact on the city of Rotterdam. The IAB will be carried out by Rotterdam Partners, in close collaboration with the Municipality of Rotterdam and representatives from the sector. Wilbert Lek, Director of Rotterdam Partners: ‘Attracting conferences, trade fairs, meetings and business events is of great value to the Rotterdam economy. The industry promotes employment, provides considerable support for the tourism sector and profiles Rotterdam as a high-quality knowledge city.’
(Source: SEMI)
16.2.2021
European SEMI Award Honors KU Leuven and CEA-Leti for Chip Industry Contributions
The Catholic University of Leuven, Technical University of Dresden and CEA-Leti have won the 2019 European SEMI Award at the SEMI Technology Unites Global Summit for their pivotal contributions in the fields of telecommunications and nanotechnology. The award winners’ pioneering research and collaboration with academia and industry led to major advances in semiconductor technologies and their market adoption. The European SEMI Award, established 32 years ago, recognizes key players in the global manufacturing supply chain for their leadership excellence and strategic contributions that help drive critical advances in the microelectronics industry.
(Source: SEMI)
16.2.2021
Positive outlook for the SPS 2021 in Nuremberg
The figures for the SPS Connect demonstrate the considerable importance of an exchange of ideas with other professionals from the industry, even if it has to be online. For 2021, however, organizer Mesago is once again making plans for an in-person event: "Interest for the SPS 2021 in November has been great. Currently, figures for stand space and exhibitor numbers are above last year's level, despite the ongoing pandemic. The full report can be found in our section "Trade Fairs 2021, SPS 2021."
(Source: Mesago Messe Frankfurt)
11.2.2021
Lufthansa Innovation Hub spins-off startup RYDES
The Lufthansa Innovation Hub, the central digitalization unit of the Lufthansa Group, spins-off the startup RYDES. Forward31, the company builder of Porsche Digital, is contributing with its expertise and resources to the venture. Both Porsche and the Lufthansa Group are now strategic minority shareholders in the startup. "The spin-off and subsequent funding from RYDES has been a great success. Once again, we are proving that startups from corporate digital units can adapt to market conditions. With Forward31, Porsche's company builder, we have gained an important strategic partner that shares and further enhances our vision of a seamless mobility chain," says Gleb Tritus, Managing Director Lufthansa Innovation Hub. "The Lufthansa Innovation Hub is an authority on the development of new business models. Together with such a strong partner and the founding team, we look forward to continuing the successful development of RYDES in the future," says Christian Knörle, Head of Company Building at Porsche Digital.
(Source: Deutsche Lufthansa AG)
10.2.2021
Koelnmesse CEO Böse: "We stay at operating temperature"
"We intend to stay at operating temperature", said Gerald Böse, President and Chief Executive Officer of Koelnmesse. "Our industries want to return to in-person encounters as soon as possible. In spite of the many opportunities digital formats we have to offer, we look forward to re-establishing the linkage between the new possibilities of the digital trade fair world and in-person meetings. We want to get going full throttle again in our halls - with our first trade fair in 2021. This is something for which we have prepared very well during the past few months of the pandemic." The full report can be found in our section "Fair Messages".
(Source: Koelnmesse GmbH)
10.2.2021
LABVOLUTION 2021 moves from May to September
In September, the current situation will be less critical - this is the opinion of the vast majority of LABVOLUTION exhibitors. Although there would have been an elaborate security concept for the original date in May, the organizers of Deutsche Messe AG are now postponing the trade show for the smart laboratory by four months. The new date is September 7 to 9, 2021. "We have intensively discussed and coordinated with the market and are very pleased that the decision for the September date has met with great approval," says Dr. Andreas Gruchow, member of the Board of Management of Deutsche Messe AG. "The later date provides companies with a better reliability in planning and allows us to organize a true hybrid event. In other words, a physical meeting with an exhibition and conference as well as seminar elements in Hannover - enriched with digital participation options for exhibitors, sponsors and visitors".
(Source: Deutsche Messe AG)
10.2.2021
K 2022 from 19 to 26 October 2022 in Düsseldorf
The time is ripe: with immediate effect the registration documents for K 2022, the world’s most relevant trade fair for the plastics and rubber industry, will be available at www.k-online.com. The deadline for registration for all the companies wishing to participate in K 2022 is 21 May 2021. The ranges on show at K 2022 include the segments machinery and equipment, raw materials and auxiliaries as well as semi-finished products, technical components and reinforced plastic products. “K in Düsseldorf is not only the performance barometer for the industry and its global marketplace for innovations, but also provides orientation, sustainable economic impetus and forward-looking trends as well as concrete approaches to solutions,” says Erhard Wienkamp, Managing Director at Messe Düsseldorf.
(Source: Messe Düsseldorf)
9.2.2021
Cloud Gaming Revenue to Surpass $1 Billion for the First Time in 2021
There was a massive surge in engagement and spending across the gaming industry in 2020. Cloud gaming is among the verticals expected to experience continuous exponential growth in 2021. According to the research data analyzed and published by Safe Betting Sites, annual revenue from the global cloud gaming revenue will surpass $1 billion for the first time in 2021. This is nearly double the estimated revenue for 2020, which was about $585 million. Analyst firm Omdia offered a much more optimistic outlook, projecting 188% growth for the industry’s revenue. Per its forecast, it will grow to $4 billion in 2021, tripling to $12 billion by 2025. The cloud gaming market was valued at $170 million in 2019 according to Newzoo. Its Total Addressable Market (TAM) is forecast to grow from $12.58 billion in 2018 to $56.57 billion by 2027. Similarly, mobile gaming is projected to grow massively in 2021. According to AppAnnie, its revenue will rise by 20% in 2021 to reach $120 billion. In 2019, the mobile gaming industry generated $68.5 billion according to Newzoo.
(Source: Psychic Ventures Ltd.)
9.2.2021
Apple and Energetiq Executives Appointed to SEMI Foundation Board of Trustees
The SEMI Foundation has appointed Debbie Gustafson, CEO of Energetiq Technology, a maker of advanced light sources used in semiconductor equipment, and Tony J. Blevins, vice president of Procurement at Apple, to the SEMI Foundation Board of Trustees. “Debbie’s long career and experience in the semiconductor industry has formed her passion for and support of diversity and inclusion,” said Shari Liss, Executive Director of the SEMI Foundation. “Having Tony on board brings Apple’s vast expertise in diversity, equity and inclusion to the SEMI Foundation. Their passion will help the Foundation fulfill its vision to spur growth of the industry talent pipeline while promoting greater diversity and inclusion and advancing women in positions of leadership.”
(Source: SEMI Foundation)
9.2.2021
Former US Deputy Assistant Secretary of Defense Dr. Joe Felter joins 6K’s Advisory Board
6K, the world’s leading developer of microwave plasma technology for the production of advanced materials, today announced that Dr. Joe Felter, a former senior Department of Defense official under then Secretary of Defense James Mattis, has joined 6K’s advisory board. Dr. Felter will guide 6K’s strategy in working with the US Department of Defense and other Federal agencies for the innovation and deployment of advanced materials products to support the national interest of the US. He joins other industry luminaries including Magnus Rene, prior CEO ARCAM, and Robert Galyen, prior CTO CATL. “We are honored to have Dr. Felter join the 6K team as part of our advisory board. 6K has a unique technology that not only addresses scarcity of strategic materials and reduces our dependence on foreign imports, but for the first time enables domestic production of advanced materials typically produced overseas due to our dramatic reduction in production costs and ability to produce in an environmentally sustainable way,” explained Dr. Aaron Bent, CEO for 6K.
(Source: 6K)
9.2.2021
Trina Solar: First Half-Year Momentum Continues as Revenues and Profits Rise Steadily
Trina Solar Co., Ltd.a leading global PV and smart energy total solution provider, recently released its third-quarter reports for 2020, revealing that first-half momentum has held up, with revenues and profits both rising steadily. In the first three quarters, the Company reported total realized income of RMB 19.93 billion, a year-on-year increase of 18.66%, with third-quarter realized income accounting for RMB 7.38 billion. Shareholders enjoyed a stake in realized net profits of RMB 832 million, a year-on-year increase of 118.94%. Jifan Gao, Chairman and CEO of Trina Solar, said: “Since the start of the year, the PV industry has faced various challenges and considerable market turbulence. All of our Trina people are united in their commitment to creating value for customers based on a strict customer-centric approach. From market insights through to strategic adjustment and implementing feedback, we are now faster, more efficient, and have realized sharp gains in performance, so growth remains strong.”
(Source: Trina Solar)
5.2.2021
REED Exhibitons Taps Richard Prentice to Head up Sales Analytics
Reed Exhibitions today announced that Richard Prentice has been appointed Sales Analytics Manager of its new global Group Sales Analytics Team, effective 1 February 2021 and, reporting to Julian Barker, Group Strategy Director. His role will be to lead a new team of specialists to support the company’s face-to-face business and the rapidly increasing use of digital products by leveraging sales and marketing data analytics to create value and efficiency for customers. Commenting on the appointment, Julian Barker, Group Strategy Director, said, “Richard is a fantastic addition to our team, bringing a deep understanding of data collection and analysis. Richard’s experience in designing and managing analytics consulting projects, as well as developing systems and processes for sales measurement will be crucial as we streamline the way we work and provide continued growth for our customers.” Richard Prentice said, “I am delighted to be joining Reed Exhibitions at such an important time in its digital transformation. The opportunity of creating a dynamic Sales Analytics team for the company - leveraging on my experience to drive performance and create value - is something I am very much looking forward too.”
(Source: Reed Exhibitions Limited)
3.2.2021
SEMI: 2020 Global Silicon Revenue Remains Stable
Worldwide silicon wafer area shipments in 2020 increased while revenue remained unchanged from 2019 at $11,170 million, the SEMI Silicon Manufacturers Group (SMG) reported in its year-end analysis of the silicon wafer industry. Silicon shipments totaled 12,407 million square inches (MSI), compared to 11,810 MSI shipped in 2019, a rebound in volume of 5% year over year, recovering close to the historic high set in 2018. “2020 silicon wafer shipment growth was driven by healthy 300mm demand and a strong second half of 2020 despite disruptions to the semiconductor industry caused by COVID-19,” said Neil Weaver, chairman SEMI SMG and vice president, Product Development and Applications Engineering at Shin Etsu Handotai America.
(Source: SEMI)
3.2.2021
US Annual Home Sales Projected to Soar by 10% in 2020
As the US economy recovers from the 2020 recession, the housing market is expected to boom this year. According to the research data analyzed and published by Comprar Acciones, 2021 could see the most robust housing market since 2006, with growth in annual home sales soaring to 10%. That will be double the 5% growth seen in 2020. Sales volume for existing houses soared by 5.9% in 2020 reaching 5.7 million units according to Zillow. The performance will be pale in comparison to 2021, when sales volume will soar by 21.9% to 6.9 million units. Among the factors driving industry growth is record low mortgage rates. The rate of the 30-year-fixed mortgage will rise gradually from 2.7% to 3% per Redfin’s data. New house listings that declined by 3% in 2020 will increase by 5% in 2021. As a result of the increase in listings and the low mortgage rate, price growth will slow down. From a growth rate of 6% in 2020, it will drop below 5% in 2021.
(Source: Psychic Ventures Ltd)
3.2.2021
arburgXvision: A Successful Premiere!
"0 ppm production of plastic parts" was the title of the first programme shown on arburgXvision – the new digital Internet TV format from Arburg. On 28 January 2021, around 600 attendees from more than 30 countries seized the opportunity to find out all about the zero-fault production of plastic parts and took part in a two-hour, interactive, live event. Leading experts and Arburg’s Managing Directors Gerhard Boehm and Guido Frohnhaus appeared as guests in the company’s very own TV studio and there was also a live stream from the Customer Center in Lossburg. The programme was hosted by Guido Marschall from Plas.TV. "We are very satisfied with the launch of arburgXvision. The fact that we’ve received nothing but positive feedback on our unique Internet format demonstrates that customers still want to stay in contact with us despite the current coronavirus situation," states Dr Christoph Schumacher, Head of Marketing and Corporate Communications at Arburg, summing up the event.
(Source: ARBURG GmbH + Co KG)
2.2.2021
Xavier Ouvrard Appointed Chairman & CEO of Babilou Family
Babilou Family, world leader in non-formal education and early childhood projects, announces the appointment of Xavier Ouvrard as Chairman and CEO. A graduate of the Institut d'Etudes Politiques of Paris and HEC, Xavier Ouvrard founded the company MILONGA in 2001, which he headed until 2011. The company was then the leader in the distribution of musical instruments in France and was at the forefront of education. He then joined SODEXO group (2012 – 2016), where he was successively responsible for the international development of the Personal & Home Services division (2013), then Managing Director of the Child Care and of the Crèche Attitude company. In December 2016, he joined Babilou Family as Managing Director for the Middle East Region, before being appointed Group Managing Director in November 2017. Over the past three years, he has actively supported and led Babilou Family’s transformation and development, alongside its founders and co-chairs Rodolphe and Edouard Carle.
(Source: Babilou Family)
2.2.2021
BMW Group Sources Aluminium Produced Using Solar Energy
The BMW Group will begin sourcing aluminium produced using solar electricity with immediate effect. This marks an important milestone on the road to the company’s goal of lowering CO2 emissions in its supplier network by 20% by 2030. Since producing aluminium is highly energy-intensive, the use of green power – such as solar electricity – offers considerable potential for reducing CO2 emissions. That is why the BMW Group also plans to source aluminium produced with green power in the long term – enabling it to avoid approx. 2.5 million tonnes of CO2 emissions over the next ten years. This is equivalent to about three percent of the CO2 targets the company has set for its supplier network. “We aspire to lead the way in sustainability and implement our sustainability goals in a systematic manner. We will be able to meet over 50% of our CO2 targets for the supplier network, just by using green power. The use of solar electricity for producing aluminium is a major step in this direction,” said Dr. Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.
(Source: BMW Group)
2.2.2021
SEMICON Korea 2021 Open With AI, Sensors, Smart Manufacturing and Talent in the Spotlight
SEMICON Korea 2021 Virtual opens tomorrow with cutting-edge innovations in artificial intelligence (AI), smart manufacturing, sustainable manufacturing and sensors for a hyper-connected world in focus. Registration for the February 3-12 online conference is open until Feb. 5. Themed Toward the Hyper-Connected World, SEMICON Korea 2021 will offer the latest microelectronics industry insights and developments during 20 virtual sessions featuring more than 120 experts across critical areas of semiconductor manufacturing including AI, smart manufacturing, design automation, metrology and inspection, test, MEMS and sensors, and sustainability.
(Source: SEMI)
1.2.2021
BIOFACH and VIVANESS eSPECIAL: A Strong Show Backed by Strong Partners
Trade fairs thrive on people, encounters, dialogue and knowledge-transfer. Although the COVID-19 pandemic has turned the entire trade fair industry upside down, there remains a need to meet one another, get to know new products and trends, discuss industry-specific topics and share ideas. And that’s precisely what the organic food and natural and organic cosmetics community expects from the BIOFACH/VIVANESS 2021 eSPECIAL from 17 to 19 February. Yet what also shapes and distinguishes a strong event like BIOFACH and VIVANESS are its strong partners. BIOFACH’s long-standing supporters are its international patron IFOAM - Organics International, and national institutional sponsor BÖLW (German Federation of Organic Food Producers), while VIVANESS is sponsored by COSMOS and NATRUE. These partners have actively supported the combined event for many years and are continuing to do so in these current times, where everything is so very different and BIOFACH and VIVANESS are taking place in the virtual space as an eSPECIAL.
(Source: NürnbergMesse)
1.2.2021
Perimeter Protection: Highly Motivated Team Starts Preparing for Next Event
Perimeter Protection starts its next cycle with a new team at the helm. As a result of internal restructuring at NürnbergMesse, changes were made to the exhibition team in April last year. A familiar face is Hanna Hauser, who will continue in her role as manager. The team now welcomes Frank Venjakob as exhibition director and Christin Gmelch, who will be responsible for customer acquisition. Julia Urban, who will handle the organisation and liaise with registered exhibitors, has also joined the team. Since the beginning of the year Thomas Preutenborbeck has been the new head of the unit, which means he is also part of the NürnbergMesse Management Board. He is well acquainted with the trade fair and was also its exhibition director in 2014. As of 2021, NürnbergMesse plans to establish closer links between its “unmanned technologies” segment and other trade fairs. Instead of being exclusive to Enforce Tac, as it has been until now, U.T.SEC will in future also be able to present itself as a corresponding platform at other relevant events. The integration of U.T.SEC@Perimeter Protection as a new platform into Perimeter Protection will therefore give the drone detection and defence segment a greater reach.
(Source: NürnbergMesse)
26.1.2021
SEMICON Southeast Asia Postponed to August 2021 with Smart Technologies in Focus
With the world continuing to combat COVID-19, SEMI, the global industry association representing the electronics manufacturing and design supply chain, today announced the postponement of SEMICON Southeast Asia (SEA) to 17-19 August 2021 to ensure the safety of exhibitors, partners and guests. The exposition venue – the Setia SPICE Convention Centre in Penang – will remain unchanged. Themed Think Smart, Make Smart, SEMICON SEA 2021 will gather industry experts to highlight the latest developments, innovations and trends in segments of electronics including smart manufacturing, smart mobility, smart data, AI and 5G as technology continues to reshape the way people work and live. SEMICON SEA is the premier electronics manufacturing event in Southeast Asia. SEMICON SEA 2021 will offer traditional opportunities to generate new business opportunities at physical booths and as hybrid event will add a new online networking lounge, chat rooms on various key industry topics, and live broadcasts to enable business matching.
(Source: SEMI)
26.1.2021
SEMI: North American Semiconductor Equipment Industry Posts December 2020 Billings
North America-based manufacturers of semiconductor equipment posted $2.68 billion in billings worldwide in December 2020 (three-month average basis), according to the December Equipment Market Data Subscription (EMDS) Billings Report published today by SEMI. The billings figure is 2.6 percent higher than the final November 2020 billings of $2.61 billion and is 7.6 percent higher than the December 2019 billings level of $2.5 billion. “December billings of North America-based semiconductor equipment manufacturers grew to finish this challenging year with annual billings that surpassed the previous industry high set in 2018,” said Ajit Manocha, SEMI president and CEO. “The record high demonstrates the semiconductor industry's central role in enabling the digital transformation throughout the pandemic.” The SEMI Billings report uses three-month moving averages of worldwide billings for North American-based semiconductor equipment manufacturers. Billings figures are in millions of U.S. dollars.
(Source: SEMI)
25.1.2021
Britishvolt Appoints William Reynolds As Chief Financial Officer
Britishvolt today announced the appointment of William Reynolds as Chief Financial Officer effective 1 January, 2021. Britishvolt’s first UK battery Gigaplant with an investment of £2.6 billion will create over 3000 jobs. Mr. Reynolds has over 20 years of experience assisting companies with large-scale world-wide capital fund raising, strategic planning, financial and operations management and business development in Europe, the Americas, Asia and the Middle East. As CFO and a senior executive in the energy and construction sectors, including AMOCO, TAQA, Prisma Energy, Integrated Electrical Services, Halite Energy Group Ltd, and Pacific Coast Energy, Mr. Reynolds developed, constructed and financed energy, mineral, real estate and infrastructure projects.
(Source: Britishvolt)
25.1.2021
Annette Mann heads Corporate Responsibility unit
Since the beginning of the year, Annette Mann has headed the newly established unit of Corporate Responsibility at the Lufthansa Group. In this function, she is responsible for the further development, management and implementation of a holistic and Group-wide sustainability program. This includes, in particular, measures for climate-neutral flying, the optimization of the entire travel chain under the aspect of sustainability, Group-wide reporting on non-financial topics, and social commitment. Annette Mann reports directly to Christina Foerster, Executive Board Member Customer, IT & Corporate Responsibility at the Lufthansa Group. "Flying and climate protection should not contradict one another. The technological foundations for climate-neutral flying have been established and now it is a matter of shaping the demanding path towards implementation. We will integrate sustainability into the core of our business model and consistently develop new products and services for our customers that will make flight operations and the entire travel chain significantly more sustainable," says Annette Mann.
(Source: Lufthansa Group)
22.1.2021
Art Basel Postpones 2021 Basel Show to September
Due to the ongoing impact of the global pandemic and travel restrictions worldwide, Art Basel has decided to postpone its June fair. The 2021 edition of Art Basel in Basel will now take place at Messe Basel from September 23–26, with preview days on September 21 and 22. The postponement will allow Art Basel to offer the best possible visitor health and safety protection while allowing the broadest possible international audience to attend the show. Art Basel’s next initiative will be ‘OVR: Pioneers’, an edition of Online Viewing Rooms dedicated to artists who have broken new ground in terms of their aesthetics, conceptual approach, socio-political themes, and use of mediums. ‘OVR: Pioneers’ will run March 24–27, 2021.
(Source: MCH Swiss Exhibition (Basel) Ltd.)
22.1.2021
Technology Days 2021: June event extended by two days!
For over two decades now, Technology Days has been synonymous with hands-on technology and personal contact – both of which can only be experienced at a live, in-person event. To ensure it can deliver this unique industry event to the invited audience in a way that is Covid-secure, Arburg has decided to extend the Technology Days 2021, which had already been postponed until June: it will now run for six days in Lossburg, Germany, starting on 7 June and ending on 12 June. "After such a long time with no in-person events, in June 2021 we want to once again introduce our customers to innovations and impressive applications for the plastic processing industry ‘in living colour’," says Juliane Hehl, Managing Partner with responsibility for marketing.
(Source: ARBURG GmbH + Co KG)
22.1.2021
Laser-based Sensor Technology for Recycling Metals Instead of Mining Mineral Resources
In order to help the industry have greater access to raw materials, the Fraunhofer Institute for Laser Technology ILT and Cronimet Ferroleg. GmbH have jointly developed a laser-based sorting process for metal scrap as part of the BMBF-funded “PLUS” project. A new sensor they have developed makes the recycling of metallic raw materials many times more efficient than previously possible. The EU project “REVaMP” goes one step further: In this project, Fraunhofer ILT experts have also been contributing their expertise in the field of materials analysis at the European level since January 2020, thus making an important international contribution to securing a resource-efficient supply of raw materials in the long term. Germany as a production location and, thus, our social prosperity depends largely on the availability of metallic raw materials such as chromium, nickel, copper and cobalt.
(Source: Fraunhofer ILT)
19.1.2021
Arburg’s Entrepreneurial Families Hehl and Keinath Acquire AMK's Drives & Automation Division
Strategic investment in the future: Arburg’s entrepreneurial families Hehl and Keinath have acquired AMK Arnold Müller GmbH & Co. KG and with it the Drives & Automation division as of 1st January 2021. The company will operate under the new name of AMKmotion GmbH + Co KG in future. The AMK Group, which is based in Kirchheim/Teck, is one of the international technology leaders in the electric drive technology, control technology, industrial automation engineering, and automotive sectors. AMK has worked closely with Arburg as a development partner in electric drive systems for more than two decades. This combined effort has contributed significantly to the success story of the electric Allrounder injection moulding machines. Over the past five decades, AMK has evolved from an engine manufacturer into a system supplier. The AMK Group is divided into two divisions. The product portfolio of the Drives & Automation division, which previously belonged to AMK Arnold Müller GmbH & Co. KG, includes motors, centralized and decentralized drive solutions, and control systems.
(Source: ARBURG GmbH Co KG)
19.1.2021
SEMI: Annual Outlooks at Virtual ISS 2021 Point to Global Economic and Chip Industry Growth
The global economy will return to pre-pandemic growth levels in 2021 as the world begins an uneven gross domestic product rebound, marking the start of an expansion that will see the semiconductor industry grow to $1 trillion in chip sales in the early 2030s, speakers at the Virtual SEMI Industry Strategy Symposium (ISS) last week revealed. Conference content is now available to attendees on demand until February 13, 2021. Citibank Managing Director and Global Chief Economist Catherine Mann said that global GDP is expected to return to a 5% growth rate this year and rise to more than 7% in late 2021 or 2022 on the back of the widespread availability of COVID-19 vaccines, though the 2021 net gain will be slight after the 4% contraction last year. The United States and China, together accounting for 50% of global GDP, will drive much of the recovery. China has returned to its pre-pandemic GDP growth rate and the U.S. is not far behind, with projections that the world’s largest economy will normalize growth in the second quarter of 2021. The prospects reflect consensus forecasts of economists polled by Citigroup.
(Source: SEMI)
19.1.2021
Trina Solar first PV Manufacturer to Obtain a Dual Environmental Protection Certification
Trina Solar Co., Ltd. a leading global PV and smart energy total solution provider, has recently obtained dual “Environmental Product Declaration” (EPD) certifications from UL, the global independent safety science certification institute, and EPDItaly. These are the first EPDs in the photovoltaic industry mutually recognized by UL and EPDItaly, proving the Company’s environmental performance and sustainability. The recognition ceremony was held in Changzhou, Jiangsu Province on Jan 13th, 2021. Cao Bo, Deputy General Manager of Trina Solar, and Shi Jun, General Manager of UL-CCIC Company Limited, have attended the ceremony.
(Source: Trina Solar Europe)
18.1.2021
REED Exhibtions Announces $ $1 Million 5 Year Commitment To Black and Ethnic Minority Charities
Reed Exhibitions has today announced its commitment to donate $1M over the next five years to selected charity partners around the world who are working to improve inclusivity and diversity in their local communities by supporting social change, fighting injustice and fostering development. Alinne Rosa, Reed Exhibitions’ Global Executive Sponsor for Race commented: “The Reed Exhibitions Charity 2020 fund of $200k has been officially allocated to charities in Brazil, South Africa, UK and the USA. We are keen to embark on this journey, make a real impact in our communities and work with each of the organisations to help them to achieve their goals.”
(Source: Reed Exhibitons)
18.1.2021
Over 60 Galleries Will Participate in the 10th Edition of Frieze New York
This year’s gallery list is marked by strong representation from New York and US-based exhibitors such as Miguel Abreu Gallery, Tanya Bonakdar Gallery, Canada, Gagosian, Marian Goodman Gallery, Alexander Gray Associates, Hauser & Wirth, Pace Gallery, and many more. Major international galleries from around the globe participating in the fair include Massimo De Carlo, Fortes D'Aloia & Gabriel, Goodman Gallery, Victoria Miro, The Modern Institute, Thaddaeus Ropac, and White Cube, amongst others. The fair will take place at The Shed in Manhattan from May 7-9, 2021. Those who aren't able to travel can still experience the fair online through Frieze Viewing Room, which will run alongside the physical fair.
(Source: Frieze New York)
18.1.2021
Registration opens for virtual.drupa 2021
drupa exhibitors and interested companies from the international printing industry now have the opportunity to register for participation in virtual.drupa. After the face-to-face format of the world's leading trade fair had to be cancelled due to the Corona pandemic, drupa will now take place in a virtual format from 20-23 April 2021. During the four-day online show, companies will present themselves and their products to the global print community, interact and reactivate their business by generating important leads and sharing expert knowledge. Companies can now register for the virtual drupa at https://virtual.drupa.com. The basic package includes a presence in the Exhibition Space, where the company profile, service and product offerings are displayed in an online showroom.
(Source: Messe Düsseldorf)
14.1.2021
Cancellation of the International Handicrafts Fair 2021
The International Handicrafts Fair (IHM) planned for 10 to 14 March 2021 has to be cancelled as a consequence of the ongoing regulations to contain the corona pandemic. A tightening of the measures and a lack of planning certainty lead to this decision. GHM Gesellschaft für Handwerksmessen mbH as the organiser has decided today to cancel the International Crafts Fair (IHM) with "Handwerk & Design" as well as Garten München for the year of implementation 2021. This means that the annual summit of the skilled crafts sector cannot take place for the second time in a row due to the pandemic. The background to this is the continuation of the measures to contain the pandemic at federal and state level with stricter measures in the area of contact restrictions and avoidance.
(Source: GHM)
14.1.2021
SOI Industry Consortium Joins SEMI as Strategic Association Partner
SEMI today announced that the SOI Industry Consortium, a leading industry organization representing the complete SOI-based microelectronics value chain, has joined SEMI as a Strategic Association Partner effective January 1, 2021. Under the partnership, the Newton, Mass.-based consortium and its members will advance the electronics industry’s understanding, development, and adoption of SOI-based technologies as a critical pillar for innovation. The SOI Industry Consortium will continue to pursue its mission of accelerating the growth of the SOI (Silicon-On-Insulator) industry and connecting its members to new business opportunities. With the addition of the SOI Industry Consortium, SEMI deepens its materials technology focus and helps connect members with key players in this highly innovative field to collaborate and pursue new technology and business opportunities. The SOI Industry Consortium will also accelerate SEMI’s engagement in end-market applications such as 5G, IoT, automotive/mobility and medtech.
(Source: SEMI)
13.1.2021
CES 2021: Bosch Puts its Faith in AI and Connectivity
To improve people’s health and to protect our planet, Bosch is counting on AIoT, taking advantage of the possibilities offered by data, artificial intelligence, and the internet of things to benefit people and the environment with technical solutions. “We combine AI and connectivity to form the AIoT, which helps us improve energy efficiency and fight the coronavirus,” says Michael Bolle, Bosch board of management member. “AIoT offers enormous potential. We are already unlocking this potential and plan to expand our efforts in the future.” Under the tagline “Sustainable #LikeABosch,” the company will be presenting intelligent, sustainable solutions for health, living, and mobility at the virtual tech trade fair CES 2021. Among the innovations Bosch is debuting at the tech show is the world’s first self-learning AI sensor for wearables and hearables in fitness tracking. Since the AI runs on the sensor itself (edge AI), there’s no longer any need for an internet connection during an exercise session – this improves energy efficiency and data privacy.
(Source: Robert Bosch GmbH)
13.1.2021
New Arburg Trade Partner in Vietnam
Arburg is continuing to expand its injection moulding business in Vietnam. The trade partnership embarked upon in January 2021 with LSVN Co. Ltd. aims to find even more efficient ways of supplying this growing Asian market with high-tech machines "Made in Germany" and offering excellent on-site service nationwide. "We are seeing increasing demand from the Vietnamese market and want to work together with an excellent local partner to strengthen our injection moulding business in this location, including pre-sales and after-sales service," explains David Chan, Managing Director of Arburg ASEAN. "We have found the perfect partner in LSVN and are sure that working together will be of mutual benefit to our businesses. We are looking forward to a fruitful cooperation."
(Source: ARBURG GmbH + Co KG)
12.1.2021
Supervisory Board of Bayer AG Appoints Sarena Lin to Board of Management
The Supervisory Board of Bayer AG announced the appointment of Sarena Lin (50) to the company’s Board of Management as of February 1, 2021. Lin will become the company’s Chief Transformation and Talent Officer. She will be responsible for Human Resources, Strategy and Business Consulting and drive the accelerated transformation of Bayer. Additionally, she will serve as Labor Director. Lin will be based at the company’s headquarters in Leverkusen, Germany. She will join Bayer from Elanco Animal Health Incorporated, where she is a member of the Executive Committee, responsible for the areas of Transformation and Technology. She previously worked in senior positions at McKinsey and Cargill, among others. Lin holds citizenship from the United States of America and Taiwan. She speaks English, Mandarin Chinese and basic German.
(Source: BAYER AG)
12.1.2021
LANXESS aims to acquire disinfection and hygiene solutions provider Theseo
Specialty chemicals company LANXESS intends to further expand its Consumer Protection business and has entered into exclusive negotiations to acquire the Theseo group. The French group, headquartered in Laval, is a leading manufacturer of disinfection and hygiene solutions in Europe and Latin America. The products are used in particular in livestock farming to prevent and control diseases. Subject to completion of the transaction, LANXESS will significantly expand its range of products for the growth market animal hygiene and will in future also be able to offer products for the animal nutrition industry. Prior to the execution of the envisaged transaction, the usual French employee information and consultation process will be followed. Furthermore, the transaction is subject to antitrust clearance. Thereupon, the parties expect the envisaged transaction to be completed in mid-2021. “We are focusing on profitable specialty chemicals and here consumer protection products play an important role. Once we complete the planned acquisition of Theseo, we will yet again expand our high-margin business in this area,” said Matthias Zachert, Chairman of the Board of Management of LANXESS AG.
(Quelle: LANXESS AG)
12.1.2021
SEMICON Korea 2021: Goes Virtual With Focus on AI, Sensors, Smart Manufacturing and Talent
Cutting-edge innovations in artificial intelligence (AI), smart manufacturing, sustainable manufacturing, and sensors for a hyper-connected world will take the spotlight at SEMICON Korea 2021 as the event goes virtual February 3-12 to help curb the spread of COVID-19. Registration is open. All SEMICON Korea 2021 virtual conferences will be offered on-demand for unlimited viewing throughout the event with an All-In pass – enabling anyone in the world with a smartphone, tablet or PC to attend at their convenience. Themed Toward the Hyper-Connected World, SEMICON Korea 2021 will offer the latest microelectronics industry insights and developments during 20 virtual sessions featuring more than 120 experts across critical areas of semiconductor manufacturing including AI, smart manufacturing, design automation, metrology and inspection, test, MEMS and sensors, and sustainability.
(Quelle: SEMI)
11.1.2021
US Online Food Delivery Market to Grow at 7.4% in 2021 to $28.5 Billion
The global online food delivery market was worth $136.43 billion in 2020. It was a significant change over 2019’s $107.44 billion. According to the research data analyzed and published by Comprar Acciones, it is projected to grow by 11.1% in 2021 to $151.53 billion. In the US, the market is set to grow at 7.4% in 2021 to reach $28.49 billion. Moreover, based on a Morgan Stanley report, the US food delivery penetration rate was at 9% in 2019. In 2020, it rose to 13% and could go as high as 21% by 2025. The US online food delivery market has a handful of top players that play the dominant role. In 2018, these included DoorDash, Grubhub and Uber Eats. At the time, they had a collective market share of 70%. Grubhub was in the lead with a 55% share at the time but gradually lost to the competition. However, as of October 2020, DoorDash became the lead player with a 45% market share. Uber Eats was second with 30% and Grubhub took the third spot with less than 20%.
(Source: Psychic Ventures Ltd.)
11.1.2021
TDK Introduces World’s Lowest Power PDM Microphone with Acoustic Activity Detect
TDK Corporation introduces the InvenSense T5838, the latest technology breakthrough in the SmartSound™ product family. The T5838 is the world’s lowest power Pulse Density Modulation (PDM), multi-mode MEMS microphone with high AOP and high SNR for smartphones, microphone arrays, smart speakers, IoT and other consumer devices. The microphone offers an exceptionally efficient 130 µA ultra-low power mode to support ‘AlwaysOn’ applications. The T5838 has outstanding low current of 330 µA in ‘High Quality Mode,’ supporting high fidelity audio with 68 dB SNR and 133 dB AOP at 20kHz bandwidth in a 3.5 x 2.65 x 0.98 mm package. Smartphones and IoT devices continue to drive the requirement for lower-power ‘AlwaysOn’ sensors. To meet these needs, the T5838 adds Acoustic Activity Detect (AAD) capability, in addition to world leading low power and wide dynamic range, all in an industry-standard footprint.
(Source: TDK Corporation)
11.1.2021
ESD Alliance Reports Strong Electronic Design Automation Industry Revenue Growth
Electronic Design Automation (EDA) industry revenue increased 15% in Q3 2020 to $2,953.9 million, compared to $2,567.7 million in Q3 2019, with all categories logging significant gains, the Electronic System Design (ESD) Alliance Market Statistics Service (MSS) announced today. The four-quarter moving average, which compares the most recent four quarters to the prior four quarters, rose by 8.3%. The ESD Alliance is a SEMI Technology Community. “The EDA industry reported a substantial double-digit year-over-year revenue increase for Q3 2020,” said Walden C. Rhines, Executive Sponsor, SEMI EDA Market Statistics Service. “All product categories and geographic regions reported increases in Q3. The Computer Aided Engineering (CAE), Semiconductor IP (SIP), and Services categories and, regionally, the Americas, Europe, Middle East and Africa, and Asia Pacific reported double-digit growth. Further, the Semiconductor IP category and the Asia Pacific region both surpassed $1 billion in quarterly revenue.”
(Source: Electronic System Design (ESD) Alliance)
7.1.2021
Supervisory Board Approves Deutsche Messe 2027 Concept for the Future
At Tuesday's meeting of the Supervisory Board, the Deutsche Messe Managing Board presented its "Deutsche Messe 2027" concept as the exhibition company's response to a severe decline in sales and earnings in the wake of the COVID-19 crisis. As set out in the concept, the company will be intensifying its efforts to boost sales, spark new business and establish hybrid tradeshow formats. At the same time, plans call for considerable belt-tightening as regards labor and material costs – an objective deemed essential for the company's future. With the exception of attending board members representing employee interests, all members of the Supervisory Board agreed to the Managing Board's realignment proposal. "We are in the midst of the biggest crisis in the history of the exhibition and events industry," remarked Dr. Jochen Köckler, Chairman of the Deutsche Messe Managing Board.
(Source: Deutsche Messe AG)
7.1.2021
LIGNA.21 goes into Autumn - New Date from 27 September to 1 October
LIGNA.21 goes into autumn, postponing its original event date from May to 27 September to 1 October 2021. Following intensive reflections and discussions, and in view of the current developments in the global incidence of infections in the wake of the corona pandemic, Deutsche Messe and the German association VDMA have jointly decided to postpone LIGNA by around five months next year."Due to the ongoing pandemic, increasing restrictions and the renewed lockdown, there is great uncertainty in the market. We take this very seriously," emphasizes Dr. Andreas Gruchow, Deutsche Messe Managing Board member. "The decision to postpone LIGNA was a very difficult one for us, but it is the only consistent measure to give all those involved planning security and the necessary lead time for preparations. The corresponding hygiene and protection concept is in place, and with the staging of our event infa now in October, it has also been proven in practice that events in pandemic times can be held safely.
(Source: Deutsche Messe AG)
7.1.2021
Lufthansa Raised 500 Million Euros in Aircraft Financing in the Second Half of 2020
Since July 2020, Deutsche Lufthansa AG has raised a total of around 500 million euros by using aircrafts as security in eight financing transactions. This enabled the Group to secure additional funds on top of the 1.6 billion euros raised via a convertible bond and a corporate bond. The five Airbus A350s and three aircraft from the A320 family were used as securities for various financing instruments. Funds were raised through sale and lease back financing, secured loans and secured promissory notes (Schuldscheindarlehen). Banks, private equity funds and corporate investors, particularly from Europe and Asia, participated in the financing. Lufthansa was also able to agree upon attractive terms compared with the most recently issued bonds.
(Source: Deutsche Lufthansa AG)
6.1.2021
REIME NORIS Opened its Own Branch in China
In recent years, REIME NORIS GmbH Treading Technology, Feucht in Germany, has continuously expanded its activities on the Chinese market. In order to be able to expand its market presence in an even more targeted manner, the activities for China have been bundled in a separate sales branch. „With this new foundation, the growing demand for threading tools for internal thread machining on the Chinese market is taken into account. Especially in this important production step, quality tools „Made in Germany“ make a significant contribution to reliable machining processes“, says Mr. Martin Bieber, Managing Director of REIME NORIS GmbH. The company is based in Shanghai, the commercial center of China with excellent logistical connections. Sales Director of REIME NORIS Threading Tools (Shanghai) Co., Ltd. is Mr. Kevin Tong, who has extensive knowledge in the machining industry. He has many years of tool experience in various industry segments and in future his team will quickly and competently advise and support local customers and sales partners in the selection and application of tools.
(Source: REIME NORIS GmbH)
6.1.2021
REED Exhibitions Announces Anna Dycheva-Smirnova as CEO of REED Exhibitions UK
Reed Exhibitions announce that Anna Dycheva-Smirnova has been appointed CEO, Reed Exhibitions UK, in addition to her role as CEO of Russia, Turkey and the Middle East, effective from 1 January 2021. Dycheva-Smirnova joined Reed Exhibitions as Deputy General Manager of Reed Exhibitions Russia in 2008 and became CEO of Reed Exhibitions Russia in 2017. In 2019, she was named CEO of Reed Exhibitions Turkey and Reed Exhibitions Middle East. Dominic Feltham, Reed Exhibitions President of Europe, Middle East & Africa commenting on the appointment, said, “I am delighted that Anna has accepted the challenge and I’m looking forward to working alongside her in this new chapter for Reed Exhibitions. Her international expertise, deep events experience and understanding of our high performance culture will be crucial to us as we rebuild our UK business and thrive well into the future.”
(Source: REED Exhibitions Deutschland)
4.1.2021
GGF and Bank Lviv form new Partnership
The Green for Growth Fund (GGF) has provided a loan of EUR 5 million equivalent in Ukrainian hryvnia to its new partner Bank Lviv in Ukraine. The funds will be used to serve business clients, primarily from the agricultural and agri-processing sectors, in greening their production. Through the investment, the partners aim to support sustainability in these businesses’ operations while safeguarding them from exchange rate risk – thus contributing to their resilience and supporting a green economic recovery in Ukraine during and post the COVID-19 crisis. Bank Lviv has a long track record in green lending in Western Ukraine with a focus on business clients. This particularly includes those from the agricultural and processing sectors, where there is a strong demand for funding to replace or refurbish outdated, less energy-efficient machinery with modern, energy-saving equipment.
(Source: Bank Lviv)
4.1.2021
Meyer Burger Receives up to 22.5 Million Euros in Public Funding
The two positive grant notifications were received by Meyer Burger Technology Ltd at the end of 2020. The basis for the approval of the environmental protection aid is a specifically drafted expert’s opinion from the Fraunhofer Institute for Solar Energy Systems. The report confirms that Meyer Burger's heterojunction technology (HJT) for solar cell production has significant environmental advantages compared to conventional manufacturing processes. Meyer Burger's investments are considered exceptionally innovative and environmentally friendly, allowing for the award of the maximum grant volume of 15 million euros. "We are pleased to receive this significant environmental aid. It proves that heterojunction technology is not only more efficient but also more environmentally friendly than conventional solar cell technologies," says CEO Gunter Erfurt.
(Source: Meyer Burger Technology Ltd.)
31.12.2020
US Homeowners with Mortgage Gain a Collective $1 Trillion in Equity in 2020
Despite the coronavirus pandemic, 2020 has seen the largest equity gain for homeowners in more than six years. In the United States, 63% of properties are owned by homeowners with mortgages. According to the research data analyzed and published by Finaria, homeowners have seen their equity go up by 10.8% gaining a collective equity of $1 trillion. On average, each homeowner has gained an equity of $17,000. States with the highest equity gain include Washington State, California and Massachusetts. Homeowners in these states have gained average equity of $35,800, $33,800 and $31,200 year-over-year (YoY), respectively. In previous years, November has always seen a slowdown in the housing market. However, that is not the case in 2020. The markets remained hyperactive despite the economic uncertainty and the hotly contested elections. According to Zillow, from November 2020 to December 2020, inventory went down by 7%. During the week ending November 14, there was a 12.6% YoY increase in the median listing prices followed by a 13.1 % YoY increase in the median listing prices during the week ending November 21 and also the week ending November 28.
(Source: Psychic Ventures ltd.)
31.12.2020
Global Digital Payments Market to Grow by 23.7% in 2020 to $4.9 Trillion
While it was already under way prior to the pandemic, the global shift to digital payments has been positively affected by the crisis. According to the research data analyzed and published by Finnish website Sijoitusrahastot, the global digital payments market grew by 21% YoY in transaction value during H1 2020. Statista projects that the market’s total transaction value will grow by 23.7% year-over-year (YoY) in 2020 to reach $4.93 trillion. The number of users is also set to increase by 10.1% YoY to reach 3.47 billion. In the period between 2020 and 2024, the global digital payments will grow at a 13.4% compound annual growth rate (CAGR) to reach $8.17 trillion by 2024. The market’s top segment is digital commerce, estimated to grow at 4.8% YoY reach $2.93 trillion in 2020. By 2024, it is set to grow to $4.11 trillion, growing at a CAGR of 8.9%. China will take the lead in digital payments, growing to $2.31 trillion, as well as in digital commerce, reaching $1.17 trillion in 2020. For Asia as a whole, digital payments will reach $2.88 trillion in 2020 as per a Statista report.
(Source: Psychic Ventures ltd.)
30.12.2020
NVIDIA Posts 37% Spike in Gaming Revenue at $2.3 Billion in Q3 2020
During its fiscal year’s third quarter, NVIDIA posted a commendable performance driven in part by its gaming segment. According to the research data analyzed and published by Stock Apps, its overall revenue totaled $4.73 billion, its highest quarterly revenue ever. Its gaming segment accounted for nearly half the amount, at $2.27 billion. The segment grew by 37% YoY. Moreover, In September 2020, NVIDIA announced its intention to acquire chip maker ARM for $40 billion. The acquisition would bring its Total Addressable Market (TAM) to $250 billion by 2023. Its mobile and PC segments, which include gaming, would contribute $95 billion to this total. NVIDIA launched GeForce Now, its cloud gaming platform, on February 4, 2020. According to a company blog post, the service attracted over 1 million users by February 20. As of August 2020, the number had risen to 4 million and it was streaming over 15 million hours of content monthly. By November 2020, it had more than 5 million registered users.
(Source: Psychic Ventures ltd.)
30.12.2020
Global Banking Industry to Lose At Least $3.7 Trillion Over Five Years
For the global banking industry, the potential for economic recovery in the near term remains uncertain. The pandemic is set to pose a double-pronged problem for the industry in the months and years to come. According to the research data analyzed and published by Comprar Acciones, the global banking industry is projected to lose $1 trillion in foregone revenue and set aside $1.9 trillion in loan loss provisions (LLPs) by 2021. By 2024, the sector is forecast to suffer a loss of $3.7 trillion in revenue, a 14% drop from pre-crisis projections. In Q3 2020, banks across the globe set aside $1.15 trillion as LLPs, much higher than the amount set aside throughout 2019. According to McKinsey, in the coming years, LLPs will surpass those of the Great Recession. During Q1 to Q3 2020, the top 100 banks in North America provisioned $130.9 billion for loan losses. In APAC, the top 100 banks set aside $89.4 billion while in Europe, they set aside $72.2 billion. Based on a report from SP Global, banks across the globe are estimated to suffer credit losses of up to $2.1 trillion in 2020 and 2021. In 2020, the figure is expected to reach $1.3 trillion, more than double the $603 billion posted in 2019. It will drop to $825 billion in 2021.
(Source: Psychic Ventures ltd.)
30.12.2020
Global Digital Payments Market to Grow by 23.7% in 2020 to $4.9 Trillion
While it was already under way prior to the pandemic, the global shift to digital payments has been positively affected by the crisis. According to the research data analyzed and published by Finnish website Sijoitusrahastot, the global digital payments market grew by 21% YoY in transaction value during H1 2020. Statista projects that the market’s total transaction value will grow by 23.7% year-over-year (YoY) in 2020 to reach $4.93 trillion. The number of users is also set to increase by 10.1% YoY to reach 3.47 billion. In the period between 2020 and 2024, the global digital payments will grow at a 13.4% compound annual growth rate (CAGR) to reach $8.17 trillion by 2024. The market’s top segment is digital commerce, estimated to grow at 4.8% YoY reach $2.93 trillion in 2020. By 2024, it is set to grow to $4.11 trillion, growing at a CAGR of 8.9%. China will take the lead in digital payments, growing to $2.31 trillion, as well as in digital commerce, reaching $1.17 trillion in 2020. For Asia as a whole, digital payments will reach $2.88 trillion in 2020 as per a Statista report.
(Source: Psychic Ventures ltd.)
28.12.2020
Liwet Holding AG has Obtained a Block on the Registration of the Capital Increase
As already announced, at today's Extraordinary General Meeting the shareholders of Swiss Steel Holding AG approved the proposal of the Board of Directors with 66.85% of the votes represented to increase the share capital from currently CHF 304,249,999.95 by CHF 154,578,620.70 to CHF 458,828,620.65 through the issuance of 1,030,524,138 new registered shares with a nominal value of CHF 0.15 each. The capital increase is expected to be completed in the second half of January 2021. Following today's Extraordinary General Meeting, Swiss Steel Holding was informed that Liwet Holding AG has obtained a block on the registration of the capital increase from the Commercial Register Office of the Canton of Lucerne. The blocking of the Commercial Register is granted upon unilateral application. The application does not have to be substantiated and there is no substantive examination by the Commercial Register. Liwet Holding AG now has a period of 10 days to apply to the competent court for a justified precautionary measure. Liwet Holding AG's action lacks any basis and is contrary to the interests of Swiss Steel Holding AG and its other shareholders and employees.
(Source: Swiss Steel Holding AG)
28.12.2020
Trina Solar Vertex Super Factory: The Power Inside
Trina Solar Co. Ltd. a leading global PV and smart energy total solution provider, has presented its brand new Vertex Super Factories to industry experts, media and partners for the first time. The Company has recently built three Vertex Super Factories in Yiwu, Zhejiang, as well as Suqian and Yancheng in Jiangsu, China. By the end of 2020, Trina Solar will see its 210mm-module production capacity exceeding 22GW, and will further overshoot 50GW in 2021 across the globe. Development of the 210mm industry chain has matured, with customers recognizing and accepting the related products. The Vertex Super Factory project in Yiwu has progressed rapidly, completing the infrastructure and move-in of the equipment in just 112 days. On July 29, Trina Solar’s Yiwu production base started production of 4GW modules for the first phase. The groundbreaking ceremony for the second phase of 4GW modules was held on the same day. This is the world’s first factory base producing innovative and ultra-high-power products of 210mm silicon wafers, cells and modules. The factory has marked an important milestone in the history of Trina Solar while taking the industry to a new height.
(Source: Trina Solar Co. Ltd.)
28.12.2020
Lufthansa and Vereinigung Cockpit Agree on Pilots’ Contributions Until 31 March 2022
Lufthansa and the pilots’ union Vereinigung Cockpit (VC) have agreed on pilots’ contributions to help manage the crisis. The agreement runs until March 31 2022. Current cost-saving measures will not only be continued in the coming year but also supplemented by additional measures. In particular, the agreement includes the basis for an extension of short-time work for pilots in 2021, a reduction in working hours with a corresponding salary adjustment and the suspension of collective pay increases. These measures apply to pilots at Lufthansa, Lufthansa Cargo, Lufthansa Aviation Training as well as a subgroup of Germanwings pilots. Lufthansa is ruling out layoffs of pilots for operational reasons at Lufthansa, Lufthansa Cargo, Lufthansa Aviation Training and a subgroup of Germanwings pilots until March 2022.
(Source: Deutsche Lufthansa AG)
23.12.2020
Swiss Steel Holding AG shareholders approve capital increase
Swiss Steel Holding AG today held its Extraordinary General Meeting excluding shareholders in accordance with the COVID-19 Regulation 3 of the Swiss Federal Council. Shareholders holding 88.62% of the share capital of Swiss Steel Holding AG with voting rights used the option to be represented by the independent proxy, the law firm Burger & Müller, Lucerne. The shareholders approved the Board of Directors' proposal by 66.85% of the votes represented of an ordinary increase of the share capital of Swiss Steel Holding AG from currently CHF 304,249,999.95 by CHF 154,578,620.70 to CHF 458,828,620.65 through the issuance of 1,030,524,138 new registered shares with a par value of CHF 0.15 each. For further information on the capital increase by way of a rights offering, please refer to the press release from 22 December 2020 ahead of the Extraordinary General Meeting.
(Source: Swiss Steel Holding AG)
22.12.2020
Frank Koch new CEO of Swiss Steel Group
The Board of Directors of Swiss Steel Group, a global leader in special long steel, has appointed Frank Koch as Chief Executive Officer (CEO) of the Group effective January 1, 2022 at the latest. Now that key milestones in the realignment of the Swiss Steel Group have been reached, the current CEO Clemens Iller has decided to leave the company, thus also enabling a fresh start for the management of the Group. Frank Koch (48) has successfully managed and restructured the long-established German steel producer GMH Group (Georgsmarienhütte) as CEO for the last three years, having already been a member of the Group Executive Board there as CSO/Logistics and COO from 2008. Frank Koch began his career in 1991 with an apprenticeship in industrial general administration in the steel division of ThyssenKrupp. While holding various positions in the ThyssenKrupp Group, he was also working for the first time at Deutsche Edelstahlwerke, a subsidiary of the Swiss Steel Group, before becoming responsible for strategy and sales at leading Italian steel producer Danieli from 2004 to 2006. In 2006 he returned to Deutsche Edelstahlwerke, where he was also responsible for sales and strategy until 2007.
(Source: Swiss Steel Group)
22.12.2020
Global Data Alliance Comments on New EDPB Guidance on Data Transfers
The Global Data Alliance today filed comments to the European Data Protection Board (EDPB) on its draft guidance on supplementary measures for cross-border personal data transfers. “Global Data Alliance members rely on the ability to transfer data responsibly around the world to create jobs and make local industries more competitive. We share a deep and long-standing commitment to protecting data across technologies and business models, and we commend the EDPB for publishing its recommendations to help companies conduct a case-by-case assessment of their data transfers after the Schrems II decision,” said Thomas Boué, Director General, Policy – EMEA at BSA on behalf of the Global Data Alliance.
(Source: Global Data Alliance)
21.12.2020
SEMI: Helpful Steps to Support Microelectronics Innovation and Manufacturing
SEMI, the industry association serving the global electronics design and manufacturing supply chain, today released the following statement from president and CEO Ajit Manocha on the Fiscal Year 2021 National Defense Authorization Act. “SEMI supports the provisions included in the conference report on the Fiscal Year 2021 National Defense Authorization Act for programs to provide incentives for microelectronics manufacturing and research in the U.S. They are helpful steps to support microelectronics innovation and manufacturing. SEMI thanks Sens. Cornyn, Warner, Cotton and Schumer, Reps. Matsui and McCaul, and other congressional and administration leaders for their support and hard work to enact these provisions. We look forward to working with Congress and the administration to provide the funding needed to implement these programs and to enact the CHIPS Act investment tax credit which will provide the certainty needed to attract many more new, large-scale microelectronics manufacturing investments in the U.S.”
(Source: SEMI)
21.12.2020
SunBrush® mobil launches its Winter Kit
The world market leader for PV cleaning systems SunBrush® mobil from Lachen (Germany) has launched the new Winter Kit to clean PV systems of up to ten centimeters of snow in one run. The kit is now available worldwide and is supplied as an addition to the proven, all-purpose PV cleaning system SunBrush® mobil Compact. “In the winter, snow poses a major challenge for solar farms, because modules covered with snow do not generate any energy and, in the worst case, can even collapse,” explains SunBrush® mobil Managing Director Franz Ehleuter. Manual hand cleaning with a broom is slow and labor intensive, so a practical answer needed to be found. “We are pleased that with our Winter Kit upgrade, we have now found the ideal solution,” adds Ehleuter. SunBrush has completed extensive testing and run pilot tests successfully. The first mass-produced Winter Kits have been in operation in Kazakhstan for several weeks in Central Asia's largest solar farm, SES Saran. This solar plant was installed by GOLDBECK SOLAR. The 100 MW site is managed by the GOLDBECK SOLAR O&M team. They are taking care about the cleaning of more than 300,000 solar modules.
(Source: SunBrush® mobil GmbH)
21.12.2020
HyTest Group Welcomes Juhana Rauramo as its New CEO
Juhana Rauramo will become the new CEO of HyTest Group Oy with effect from January 1, 2021. Juhana has proven to be a very valuable person for HyTest and he has agreed to take on a more extensive role regarding the management of the company. Meanwhile, Maria Severina, the Founder and CEO of the company for the last 26 years will continue as a board member for HyTest Group Oy and she will be available as a consultant to the company. Juhana has been the CCO of HyTest and a member of the management team since September 2019. He has previously held management positions in various companies in the in vitro diagnostics, pharmaceutical, and venture capital industries. “I have a great team around me and working together we will be able to take the next steps in developing the company. For example, during this very challenging year we have been able to launch a range of products for COVID-19-related markers to address the needs of this rapidly emerging market. My vision is for us to become the world’s number one choice when selecting antibodies and antigens for in vitro diagnostic tests,” explains Juhana Rauramo.
(Source: HyTest Group)
16.12.2020
POWTECH 2022 Starts in Late Summer
The next POWTECH will be held from August 30 to September 1, 2022 in the Exhibition Center Nuremberg. The organizer NürnbergMesse, together with the honorary sponsors Arbeitsgemeinschaft für Pharmazeutische Verfahrenstechnik (APV) and VDI-Gesellschaft Verfahrenstechnik und Chemieingenieurwesen (VDI-GvC), has defined this date in close consultation with the Advisory Board and the exhibitors. The new date in late summer ensures planning reliability for exhibitors and visitors alike and embeds POWTECH ideally in the event schedule of the process industries.
(Source: NürnbergMesse)
16.12.2020
Leipziger Messe Takes Over PaintExpo
On 1 December 2020, Leipziger Messe took over PaintExpo from FairFair GmbH. Since the trade fair was first established in 2006, PaintExpo has taken place every two years in April at Messe Karlsruhe. PaintExpo has become the world's leading trade fair for industrial coating technologies with 537 exhibitors from 29 countries and 11,790 expert visitors from 88 countries attending the last event. The next PaintExpo will take place from 26 to 29 April 2022 in Karlsruhe.
(Source: Messe Leipzig)
15.12.2020
VDDI and Koelnmesse Postpone the IDS from March Until Autumn 2021
With a view to the unchanged challenges the Corona pandemic is raising in Germany and the anticipated continuation of the extensive restriction of personal contacts by the Government, States and municipalities at the beginning of the new year, the VDDI board, the Gesellschaft zur Förderung der DentalIndustrie mbH (GFDI) (the commercial enterprise of the VDDI) and Koelnmesse have decided to postpone IDS - the International Dental Show. The trade fair that was originally planned to take place from 10 to 13 March, will now be held from 22 to 25 September 2021. The organisers are taking this step in reaction to the currently ongoing Corona policy, which may be extended in Germany into the new year. By postponing the 39th edition of IDS to the September, the organisers are hoping that due to the then anticipated, improved health situation and relaxation of the travel restrictions more international partners and customers will travel to Cologne.
(Source: Koelnmesse GmbH)
15.12.2020
Anuga FoodTec Postponed to April 2022 due to Pandemic
The pandemic and associated travel and event restrictions have also had an impact on Anuga FoodTec, which was originally scheduled for March 2021. After extensive discussions with industry participants and the German Agricultural Society (DLG), the professional and conceptual sponsor of the trade fair, Koelnmesse sees no alternative but to postpone Anuga FoodTec. The next Anuga FoodTec will take place from 26 to 29 April 2022. "We sincerely regret that we have to postpone Anuga FoodTec until 2022 despite good preparation and encouragement from the industry. In the past few weeks, however, it has become apparent that there is growing skepticism and concern among all involved. As a result, many companies have pulled out in view of the infection situation and current uncertainty. However, Anuga FoodTec cannot take place without the important key factors of internationality and cross-industry participation. With this in mind, we have responded to the industry's wish to postpone the trade fair with the new date," says Oliver Frese, Chief Operating Officer of Koelnmesse.
(Source: Koelnmesse GmbH)
15.12.2020
Husky to Launch Interactive, Digital Platform
Husky Injection Molding Systems, a leading technology provider to the plastics processing community, is launching Experience Husky – a two-day interactive, digital experience where attendees will have the opportunity to explore an exciting agenda full of insight, collaboration and learning highlighting the various markets that Husky serves. Taking place from January 13-14, 2021, attendees will have the opportunity to engage and network with Husky experts and fellow industry leaders from all around the world. “While COVID-19 has affected our ability to communicate with one another face-to-face, it has also certainly accelerated our shift to digital experiences. Especially during these unprecedented times, we feel it is vitally important to connect with both existing and prospective customers to be as responsive as possible and to continue a mutual dialogue about what they need to be successful and competitive,” said John Galt, Husky’s President and CEO.“
(Source: Husky Injection Molding Systems)
11.12.2020
BIOFACH / VIVANESS 2021 eSPECIAL: Trends and Developments in the Market for Organic Food
Health, value-oriented change and ecological turnaround are moving into focus in times of pandemic, as is reflected in the current development of the organic food and natural and organic cosmetics industry. For example, the worldwide demand for organic products is increasing by up to 40% during the virus crisis. The natural and organic cosmetics market and consumers are also undergoing lasting change, demand is growing and differentiating, digitization is accelerating transformation - and vice versa. The BIOFACH / VIVANESS 2021 eSPECIAL from February 17 - 19, 2021 will be the digital platform for the exchange of information for the global organic and natural and organic cosmetics movement. Read more in our two current press releases on the organic and natural and organic cosmetics market!
(Source: NürnbergMesse)
11.12.2020
Lufthansa Group Expands Position as Market Leader
Just over a month after moving from Tegel to the new Berlin-Brandenburg airport, the Lufthansa Group is showing positive results. The airlines' relocation went according to plan and operating procedures at BER are working very well with the current low traffic volume. Lufthansa Group airlines are operating from Pier North in Terminal 1, which is a short walking distance from the Lufthansa Lounge and the new WorldShop flagship store. The start of flight operations also went very smoothly. Currently, the Group's airlines offer around 38 percent of all flights operating at BER. Out of a total of 1,700 departures and arrivals in November, around 650 were operated by the Lufthansa Group - that is over 400 flights more than the second largest operating carrier and over 500 flights more than the third largest at this airport. Eurowings in particular has positioned itself strongly in the weak environment caused by the crisis-: When comparing individual Lufthansa Group airlines, with around 300 BER connections in November, this Lufthansa subsidiary rose to the top. Eurowings flies at least three times daily to Cologne/Bonn, Düsseldorf and Stuttgart.
(Source: Deutsche Lufthansa AG)
9.12.2020
ISM and ProSweets Cologne Cancelled Due to Pandemic
Still early November, Koelnmesse, the top associations of the German sweets and snacks industry as well as important industry representatives were still confident that they would be able to stage both ISM and ProSweets Cologne 2021. However, the continuously growing number of infections and the related lockdowns as well as the travel restrictions in the international environment are now forcing Koelnmesse to call off the hybrid editions of ISM and ProSweets Cologne planned from 31.01.-03.02.2021.
(Source: Koelnmesse GmbH)
9.12.2020
spoga horse 2021 Cannot Take Place Due to the Pandemic
The preparations for spoga horse 2021 were progressing well, however as a result of the ongoing rising number of infections around the world, the related lockdowns and international, strict travel restrictions, in close coordination with industry representatives it has been decided that spoga horse cannot be staged from 06.02.-08.02.2021. However, one jointly agreed to use this decision as an opportunity and to start with the implementation of the new, innovative concept for February 2022 now already by launching initial formats in the year 2021.
(Source: Koelnmesse GmbH)
9.12.2020
BIOFACH / VIVANESS 2021 eSPECIAL: Shaping Transformation. Stronger. Together.
BIOFACH / VIVANESS 2021 eSPECIAL will be held from 17 – 19 February. In addition to exhibitor presentations and diverse opportunities for networking and virtual meet-ups, the eSPECIAL will offer all participants the comprehensive, deeply knowledgeable programme of the BIOFACH and VIVANESS Conference. The main theme for 2021: Shaping Transformation. Stronger. Together. The main focus: how diverse social movements – and the organic food industry – can achieve their goals better by acting together.
(Source: NürnbergMesse)
8.12.2020
Lufthansa: Sale of LSG Europe completed
In December 2019, Lufthansa Group and gategroup concluded a purchase agreement for the European operations of LSG Group. This accounts for about one third of LSG Group's total business. gategroup now meets all requirements of the European Commission. Thus, the purchase agreement could now be executed, the socalled "Closing" has taken place. Both parties have agreed not to disclose the financial details of the transaction. In addition to the European catering businesses, the purchase agreement also covers the lounge and train business and the retail convenience food brand Evertaste and its European facilities, the equipment business SPIRIANT and the retail stores of the "Ringeltaube" brand.
(Source: Deutsche Lufthansa AG)
8.12.2020
ZEISS Invests by Acquiring Majority Stake in arivis AG
ZEISS is expanding its imaging technology capabilities with 3D and big image data software by acquiring a majority stake in the imaging business of arivis. With this investment, ZEISS is further strengthening its software competencies and market position in 3D image visualization, image processing, and analysis software for research microscopy. Both companies have a long-standing collaboration and strategic partnership, as arivis has been an important development partner for ZEISS for more than seven years.
(Source: ZEISS Group)
2.12.2020
Digital Health Startups Receive Over $4.6 Billion in Q3 2020
The year 2020 is set to be a banner industry for investments in the digital health industry. According to the research data analyzed and published by Comprar Acciones, during the first nine months of 2020, the digital health sector saw over $10 billion in investments. It surpassed the whole year value for 2019 ($7.4B) and 2018 ($8.2B). Q3 2020’s performance was unprecedented with 109 deals valued at a total of $4.6 billion, thrice the figure reported in Q3 2019. Based on a RockHealth report, there were 24 mega deals in that quarter, raising $100 million or more, up from only 12 in 2019. In Q1 2020, there were 82 deals valued at a total of $2.9 billion. The figure increased to 89 in Q2, but the value dropped to $2.4 billion. In both instances, the figure was higher than the quarterly average of $2.1 billion.
(Source: Psychic Ventures Ltd.)
2.12.2020
Swiss Steel Holding AG Plans Capital Increase to Strengthen its Equity
Swiss Steel Holding AG today invited to an Extraordinary General Meeting (EGM) on December 22, 2020. The single item on the agenda is the proposal by the Board of Directors to resolve on an ordinary capital increase through issuance of new registered shares while preserving shareholders' subscription rights. The capital increase to be resolved by the EGM targets gross proceeds of at least EUR 200 million. The Company has been able to agree considerable reliefs with its lending banks under the existing syndicated loan. This concerns the contractual terms, the restructuring measures imposed and significant associated costs and risks for the Company. The aforementioned reliefs are subject to the condition that the Company raises the targeted minimum gross proceeds of EUR 200 million in the capital increase. In the ordinary capital increase, each shareholder will be granted pro rata to its shareholding rights to subscribe for new registered shares at market conditions. In order to ensure the targeted minimum proceeds of EUR 200 million, the main shareholder BigPoint Holding AG has committed to exercise all of its subscription rights in the capital increase.
(Source: Swiss Steel Holding AG)
1.12.2020
TDK Announces New Chip NTC Thermistors for Conductive Adhesion Mounting
TDK Corporation (TSE:6762) announces the development of new chip NTC thermistors designed for conductive adhesion mounting, expanding TDK’s NTCSP series product lineup. The chip NTC thermistors are used for temperature sensing and compensation, measuring without direct contact in automotive applications including ABS, inside the transmission or engine, and more. The new NTCSP series part numbers are available in 10 k?, 47 k?, and 100 k? types with dimensions of 1.0 × 0.5 mm and 1.6 × 0.8 mm. Responding to the need for diversified mounting methods, the new chip NTC thermistors product adopts AgPd termination, which enables conductive adhesion mounting. They are optimally suited for applications where soldering is difficult. With its wide operating temperature range, from -55? to 150?, the NTCSP series can be applied in various temperature measurement and compensation roles in low to high temperature ranges. They are highly reliable, certified by AEC-Q200, the global automotive standard for passive components.
(Source: TDK)
1.12.2020
No Enforce Tac in 2021
Following thorough consideration and in view of the difficult current situation, Enforce Tac, International Exhibition & Conference – Law Enforcement, Tactical Solutions and Homeland Security, will not be held on 10-11 March 2021 as originally planned. By taking this decision now, NürnbergMesse hopes to give all visitors, exhibitors, partners and media the ability to plan reliably in this time of uncertainty and thus avoid the risk of having to cancel at short notice. Health policy measures currently being put in place internationally, including quarantine regulations and travel restrictions, in addition to the rapidly increasing number of infections in particular, are making it difficult for everyone involved to plan and prepare with any confidence.
(Source: NürnbergMesse)
1.12.2020
Complete: Filter for Arburg Mask Rounds off Coronavirus Project
Arburg has been very active in the fight against coronavirus since the beginning of the pandemic. An outstanding example is the multifunctional face mask, which was developed in collaboration with partners and made ready for series production in only 41 days. May saw the start of production of face masks made from LSR (liquid silicone rubber) and PP (polypropylene), initially as versions for everyday use. To protect both the wearer of the mask and those in the surrounding area from the virus, this was followed by the next step: the design and manufacture of a supplementary disposable filter that can be easily attached to the mask opening. "It was important to us not only to develop the mask as a product for everyday use, but also to prioritise personal protection with the additional filter," says Gerhard Böhm, Arburg Managing Director Sales. He mentioned a high level of wearing comfort, sterilisability and multiple use in terms of sustainability and resource conservation as further requirements.
(Source: ARBURG GmbH + Co KG)
26.11.2020
INTERNORGA 2021 Cancels Physical Event
Rapidly increasing coronavirus infection numbers and a second lockdown are causing major destabilisation to the catering industry and events sector for the second time in just a few months. The unpredictable nature of future developments makes professional, reliable planning of a physical trade show impossible. Due to this uncertainty, Hamburg Messe und Congress GmbH has decided to cancel the physical INTERNORGA 2021 event, which was due to take place in the Hamburg exhibition halls from 12 to 16 March. Instead, the viability of a digital INTERNORGA event is being investigated.
(Source: Hamburg Messe und Congress GmbH)
26.11.2020
WindEnergy Hamburg 2020 Goes Digital
Unusual times require unusual measure – and new ideas. Sometimes a proven concept has to be reinvented entirely: From 1 to 4 December 2020, WindEnergy Hamburg will be held as the first purely digital event in the history of Hamburg Messe und Congress. After the trade fair had at first been postponed from September to December, it quickly became clear that holding a leading international trade event with exhibitors and visitors from 100 countries was going to be an impossibility in the year 2020. "We have reinvented the entire concept of the trade fair and got more deeply involved in the ongoing transformation of the exhibition sector, at a significantly accelerated pace. WindEnergy Hamburg will be the first in a series of purely digital events organised by Hamburg Messe und Congress. Within a very short period of time, we developed a new digital platform that includes two live streams. It will turn the world's biggest meeting place of the wind industry into a permanent global marketplace for the sector," says Bernd Aufderheide, President and CEO Hamburg Messe und Congress GmbH.
(Source: Hamburg Messe und Congress GmbH)
26.11.2020
Grid Edge Study: Grid Edge Opens up New Opportunities
Grid edge is at the focus of new energy systems – it's where the consumer, prosumer and the intelligent grid interact. Our energy systems are radically transforming. This transition is driven by digitalization, decentralization and a global call for decarbonization. Old energy models are replaced by intelligent, multi-dimensional grids where electrical energy is also produced, stored and used by so-called prosumers. Solutions at the grid edge enable buildings, infrastructures and industries to optimize their energy efficiency. They empower customers to intelligently integrate renewables and to take control of their energy supply. Grid edge technologies support infrastructure for eMobility expansion. They help us to enhance the way we live and work – creating environments that care.
(Source: Siemens AG)
25.11.2020
Double Honor for the SAERTEX® Group at the AVK Inovation Award 2020
This year, the AVK (Industrial Association for Reinforced Plastics) presented two innovation awards to the SAERTEX Group. Both SAERTEX and SAERTEX multiCom were honored for their innovations in the respective categories. For the first time, the award ceremony was held as an online event this year due to the Covid-19 pandemic. The globally operating non-crimp fabric manufacturer SAERTEX and its partner Hyconnect GmbH jointly received an award for fireproof composite metal hybrid structures in the category "Products and Applications." The winning combination is a SAERTEX LEO® fire protection sandwich with integrated Hyconnect steel-glass hybrid connector. The 3D reinforced SAERfoam composite sandwich structure has structural properties and fire protection layers that are integrated into the component. In addition, a hybrid glass-metal structure is integrated into the process by means of vacuum infusion which enables welding with classic metal components. This produces an innovative fireproof connection. Unlike classic metal composites, the weight of the product can be reduced by up to 55 percent. Possible fields of application for the product are, for example, shipbuilding, the railway vehicle sector or the automotive industry. This project was awarded third place.
(Source: SAERTEX GmbH & Co. KG )
25.11.2020
Hydrogen Summit HYDROGEN DIALOGUE Illustrates Unique Prospects for the Global Energy Transition
HYDROGEN DIALOGUE & NUEdialog from NürnbergMesse impressively reflected the international state of the art for hydrogen technology: more than 45 top-level speakers, including Bavaria’s Minister of Economic Affairs and the event patron, Hubert Aiwanger; economic sage Professor Veronika Grimm; Schaeffler CEO Klaus Rosenfeld; Armin Schnettler, CEO New Energy Business at Siemens Energy; and Nuremberg’s mayor Marcus König, gathered on 18 November for the first digital hydrogen summit. More than 700 national and international participants representing industry, science and policy-making had the opportunity to interact on the HYDROGEN DIALOGUE platform, with about 30 lectures illustrating unique prospects for the global energy transition to a new energy mix. In addition to bringing the hydrogen community together, NürnbergMesse also intends to play an active part in this field itself in the future: at the Congress it announced its plan to be the world’s first exhibition company to invest in a hydrogen power plant of its own, aiming to have a carbon-neutral energy supply system in place at the exhibition venue in Nuremberg by 2028.
(Source: NürnbergMesse)
25.11.2020
Arburg Summit: Medical 2020 – Summit Meeting With More than 400 Industry Experts
Anyone seeking to get one step ahead and sniff out trends in medical technology, made a point of attending the Arburg Summit: Medical 2020 on 19 November. Thanks to the digital format of this summit meeting, twice as many guests were able to attend as were at the comparable, physical event in the previous year. More than 400 participants from more than 40 countries were there to inform themselves about current developments, innovative applications and visions, and to exchange views at the highest level with many medical technology experts. The interactive response was intense and vibrant. The twelve lectures focusing on "Solutions", "Innovations" and "Visions" were accompanied by a high-calibre panel discussion. This special event was enhanced yet further by interactive breakout sessions with expert discussions and live presentations of exhibits in the Customer Center in Lossburg. The summit was chaired by Guido Marschall from plastics channel Plas.TV.
(Source: ARBURG GmbH + Co KG)
24.11.2020
SPS Connect 2020: A Stage for Professional Exchange
Today (24.11.2020) the SPS 2020 opens in a purely virtual format. The SPS Connect 2020 is the virtual extension of the SPS in Nuremberg. Artificial intelligence will not only be discussed at SPS Connect, but also demonstrated in practical application in the context of the AI-supported matchmaking function. The platform is designed to bring together exhibitors and participants on the basis of their profile data, user behaviour and the information they themselves provide about their offer or demand. With the 100% discount code "SPS2XNWBE", the SPS is making it possible in this unusual year for all visitors to take part in the three-day programme free of charge and to use the platform for exchange and dialogue from mid-November to the end of December. Further information and our current trade fair publication "NEWS on SPS Connect 2020" can be found in our section "Trade Fairs in 2020 (IV), SPS 2020".
(Source: Mesago)
23.11.2020
ETIP PV has Successfully Finished its First Virtual Annual Conference
The European Technology and Innovation Platform for Photovoltaics (ETIP PV) has successfully finished its first virtual annual conference. The Conference 'I3PV - Integrated, Innovative, Intelligent' has highlighted the latest advances in all major Integrated PV applications and how they will contribute to the energy transition as well as EU-based value creation. By 2050, when the world must achieve carbon neutrality, ETIP PV’s forecast based on conversion efficiency improvements and Solar PV’s declining cost is that solar PV will supply 70% of the world’s electricity generation. We will use solar PV to move, heat, cool, drive eco-friendly industrial processes, and produce fuels. Solar PV will be deployed everywhere, in systems large and small, designed for productivity and aesthetics as required. “Integrated PV” (PV deeply embedded into components used in the building industry or the car industry, for example) will play a key role in this scenario. This will be a profitable market for Europe, with a high potential for growth, which will bring numerous business opportunities. It needs R&D attention and accelerated innovation.
(Source: SINGULUS Technologies AG)
23.11.2020
Trina Solar Renews the Global Brand for Its Tracker Business
Trina Solar Co., Ltd. a leading global PV and smart energy total solution provider, announced the renewal of its global brand for tracker business, as well as integration and upgrade of its business system and channels, so as to make full use of and strengthen Trina Solar's brand influence and bring better service and more added value to global customers. In May 2018, Trina Solar acquired a 51% stake in Nclave, a well-known Spanish tracking solution provider. Trina Solar acquired the remaining 49% stake in July this year. After the acquisition, Nclave became a wholly owned subsidiary of Trina Solar. This marked the first successful merger and acquisition of an overseas tracker company by a Chinese photovoltaic company. As part of the brand renewal plan, Trina Solar will renew the brand name "Nclave," changing the brand name to "TrinaTracker". At the same time, SP160 and SP240 series product brand names under the original Nclave business brand will be changed to Vanguard and Agile respectively.
(Source: Trina Solar Europe)
23.11.2020
virtual.COMPAMED also Convinces in the Digital Form
For the first time in the history of MEDICA, the world-leading medical trade fair, and the industry's number one platform for the suppliers of the medical technology industry, COMPAMED, held from 16 to 19 November 2020, took place entirely online due to the pandemic - but still won over their audiences due to their high degree of internationaln resonance in this format too, as virtual.MEDICA and virtual.COMPAMED. The full Final Report and our Trade Fair Journal "NEWS from COMPAMED 2020" can be found in our section "Trade Fairs 2020, COMPAMED 2020".
(Source: Messe Düsseldorf)
19.11.2020
analytica 2020 With Very Good Results in the Digital Format
analytica 2020 successfully concludes five days of virtual trade fair and presentation formats: A total of 21,641 participants (unique users) from 152 nations took part in the world’s leading trade fair for laboratory technology, analysis and biotechnology, which was held for the first time in purely virtual fashion from October 19 to 23. Here, 268 exhibitors from 24 countries presented more than 700 product highlights. There was a total of more than 33,000 participations in the 200 exhibitor webinars and the 119 scientific presentations at the analytica conference. No. 1 topic: digital transformation.
(Source: Messe München)
19.11.2020
purmundus challenge 2020: Moorehuhn Bike wins first prize at Formnext Connect
From an innovative bicycle frame to a powered hand orthosis and a custom-made, recyclable sneaker: The winners of the international purmundus challenge 2020, announced today at Formnext Connect, demonstrate the diverse technological possibilities and the breadth of current and future applications of 3D and 4D printing. Under the theme Geometry and Material in Harmony, this year’s purmundus challenge awarded first place to Ralf Holleis from the company Huhn Cycles for the 3D-printed Moorhuhn Bike, which offers an impressive combination of stability and light weight. Second and third places were awarded to HKK Bionics with the Exomotion Hand One, and Svet Abjo with the 3D-printed Sneaker Zero.
(Source: Mesago Messe Frankfurt)
19.11.2020
Special Edition of imm cologne Cancelled due to Pandemic
The special hybrid edition of imm cologne planned for 20 to 23 January 2021 has to be cancelled due to the current developments in the corona pandemic in Europe and Germany. "We've had to face the reality, even though it's painful. In the end, because of the very dynamic way things are developing right now, the uncertainty among our exhibitors and visitors was just too strong. This decision was geared to the interiors industry and made in close consultation with our conceptual sponsor, the VDM (Association of the German Furniture Industry), as well as our exhibitors and partners," says Gerald Böse, CEO of Koelnmesse. "Because the concept for the special edition was based on the offline and online formats being closely interlinked and mutually dependent, not even a purely digital event made sense under these circumstances," explains the CEO. With ambista - the global online business network for the furniture and interiors industry - Koelnmesse already combines the most important functions that market players in the furniture and interiors sector need on a daily basis in a single platform," explains the CEO.
(Source: Koelnmesse GmbH)
18.11.2020
Stone+tec will not take place in 2021
Stone tec, the International Trade Fair for Natural Stone and Stone Technology, will not take place as planned from 12 to 15 May 2021. The trade fair could have been held in compliance with the hygiene concept of the Bavarian State Government in principle, however the number of registrations did not develop as hoped due to the difficult worldwide situation currently. This decision is meant to enable all participants to plan with more certainty at an early stage. The organizer NürnbergMesse announces that Stone tec cannot be held as planned in May 2021. “It was definitely not an easy decision to have Stone tec take another break. However, it continues to be difficult to foresee how the currently unusual situation will develop up to mid-May. The uncertainty in the industry is too great as to whether the accustomed experience character of Stone tec with products to touch, competitions, award ceremonies and get-togethers can be realized in this way. These concerns were also reflected in the number of registered exhibitors. After much consideration, we have thus decided to create planning security for all participants at an early stage“, says Petra Wolf, Member of the Management Board of NürnbergMesse.
(Source: NürnbergMesse)
18.11.2020
4th glasspro INDIA & 7th glasspex INDIA to be Held on Sep 23-25, 2021 in Mumbai
The forthcoming editions of glasspro INDIA, the country’s leading glass products and technology exhibition jointly organized by Messe Düsseldorf India and Glass Bulletin, and glasspex INDIA, the nation’s leading exhibition in glass production and processes organized by Messe Düsseldorf India, will be held from September 23-25, 2021 at Hall 4, BCEC, Mumbai. Both events are powered by glasstec, Düsseldorf, Germany – the world’s leading exhibition for the glass industry. glasspro INDIA 2021 will continue to showcase the latest trends and innovations in the field of flat and processed glass products and innovations and feature the largest display of the latest glass processing solutions, tools, auxiliary products and services. As an additional feature, glasspro INDIA will bring along fenestrationpro INDIA, a show designed to cater to the door, window and the façade segments and unite architects, fabricators, developers, policymakers, façade consultants, engineers, and stakeholders from the Indian industry and beyond.
(Source: Messe Düsseldorf)
18.11.2020
Trina Solar Will Purchase 85 Million Square Meters of Photovoltaic Glass from Almaden
Trina Solar Co., Ltd., a leading global PV and smart energy total solution provider, and its eight subsidiaries (hereinafter collectively referred to as "Trina Solar"), and Changzhou Almaden Co., Ltd. (abbreviated as "Almaden"), have signed a procurement contract of photovoltaic glass. According to the contract, from November 1, 2020 to December 31, 2022, Trina Solar will purchase a total of 85 million square meters of photovoltaic glass from Almaden. The estimated total contract value is about 2.1 billion Chinese Yuan (tax included). The photovoltaic glass purchased this time will be mainly used for the production of Trina Solar's Vertex ultra-high-power module products. The Vertex series modules are based on 210mm silicon wafers and adopt advanced technologies such as multi-busbars, non-destructive cutting and high-density packing. They are characterized by low voltage and high string power, which significantly improves anti-cracking performance and hot spot resistance. Vertex is excellent in reducing system costs and cost per kWh. The Vertex series are the photovoltaic products for the future, and the key to lower prices for photovoltaic power generation.
(Source: Trina Solar Europe)
17.11.2020
Mobile Phone Industry to Lose $51B in Revenue Amid COVID-19 Pandemic
The coronavirus outbreak caused the worst smartphone market contraction in history, as global demand plummeted in the first and second quarter of the year. Although the last few months witnessed a recovery in the number of smartphone shipments, the entire industry is expected to witness substantial revenue losses this year. According to data presented by StockApps.com, the global mobile phone industry is forecast to lose $51.1bn in revenue by the end of 2020, a 10% drop year-over-year. The revenues of the global mobile phone industry have been constantly rising over the last years. In 2016, the entire industry generated $435.7bn in revenue, revealed Statista data. Over the next twelve months, this figure rose to $462.6bn. By the end of 2019, global smartphone sales revenue surged to $506.2bn, a 16% jump in three years. However, as half of the world entered a lockdown, demand for new devices has been crushed in the first months of 2020.
(Source: Psychic Ventures ltd.)
17.11.2020
virtual.COMPAMED + virtual.MEDICA Hit the Starting Line With a Full Programme
The Fairs are open! For the first time in their history, the world-leading medical trade fair MEDICA and the international number one event for the medical manufacturing supply market, COMPAMED, will be held entirely online as virtual.MEDICA and virtual.COMPAMED from Monday, with around 1,400 exhibitors hailing from 56 countries. Throughout the four days of the trade fair (16 – 19 November 2020), international online visitors from all sectors of the healthcare industry will be offered a diverse programme at https://virtual.MEDICA.de and https://virtual.COMPAMED.de. This programme consists of three central areas: The Conference Area (conference and forum programme), the Exhibition Space (exhibitor and product innovations) and the Networking Plaza (networking/matchmaking). More Informationen about the Fairs and our new Trade Fair Journal "NEWS from COMPAMED 2020" can be found in our section "Trade Faris 2020, COMPAMED 2020".
(Source: Messe Düsseldorf)
16.11.2020
REIME NORIS Opened its Own Branch in China
In recent years, REIME NORIS GmbH Treading Technology, Feucht in Germany, has continuously expanded its activities on the Chinese market. In order to be able to expand its market presence in an even more targeted manner, the activities for China have been bundled in a separate sales branch. „With this new foundation, the growing demand for threading tools for internal thread machining on the Chinese market is taken into account. Especially in this important production step, quality tools „Made in Germany“ make a significant contribution to reliable machining processes“, says Mr. Martin Bieber, Managing Director of REIME NORIS GmbH. The company is based in Shanghai, the commercial center of China with excellent logistical connections. Sales Director of REIME NORIS Threading Tools (Shanghai) Co., Ltd. is Mr. Kevin Tong, who has extensive knowledge in the machining industry. He has many years of tool experience in various industry segments and in future his team will quickly and competently advise and support local customers and sales partners in the selection and application of tools.
(Source: REIME NORIS GmbH)
16.11.2020
Frieze New York 2021 at The Shed
Frieze New York at The Shed will host more than 60 of the world’s leading galleries and feature the fair's much-celebrated section Frame, devoted to emerging galleries. The fair will be accompanied by an expanded program of collaborations, special projects and talks. Frieze Viewing Room will run alongside Frieze New York at The Shed and benefit from enhanced digital functionality, reaching a global online audience and those that might not be able to travel to New York. I am proud that Frieze New York continues to be innovative and community driven, qualities that will be reflected in our 2021 programming - Loring Randolph, Director of Programming, Frieze New York. Frieze New York is supported by global lead partner Deutsche Bank, continuing a shared commitment to artistic excellence.
(Source: Frieze)
16.11.2020
arburgXworld – Arburg’s digital platform
In the recent past, Arburg has very successfully combined its digital products and services in arburgXworld. The ambitious goal is to enable customers to increase production efficiency and transparency and to produce plastic products as flexibly and reliably as possible and with high quality. The arburgXworld customer portal has been available worldwide in 18 languages since the autumn of 2019. Arburg experts Stephan Reich, Department Manager IT Applications Development, and Benjamin Franz, Manager Digital Solutions, provide answers to questions on the current status, customer benefits and perspectives of arburgXworld.
(Source: ARBURG GmbH + Co KG)
13.11.2020
BayWa on Track for a New Record Operating Result
BayWa AG, Munich, has continued the positive development seen in the first half of the year by recording a significant improvement in earnings after nine months. Earnings before interest and tax (EBIT) increased to €102.7 million (Q1–3/2019: €77.3 million). All three operating segments – Energy, Agriculture and Building Materials – contributed to this rise. Due to price effects, revenues fell year on year to stand at €12.2 billion (Q1–3/2019: €12.5 billion). Heating oil, agricultural equipment, fruit and building materials have been benefiting from solid demand for several months. In addition, international agricultural trade and project business involving solar parks and wind farms developed into drivers of earnings in the third quarter. “In view of climate change, the megatrend of promoting the expansion of renewable energies worldwide continues unabated, regardless of the coronavirus pandemic,” says Klaus Josef Lutz, Chief Executive Officer of BayWa AG.
(Source: BayWa AG)
13.11.2020
SunBrush® Mobil Delivers its New Cleaning Device for PV Tracking Systems to Chile
The leading manufacturer of PV cleaning systems SunBrush® mobil from Lachen (Germany) has commissioned its new device TrackFlex in Chile for the first time. The operator of the PV plant Eiffage Energía will use the device to clean its 103 MW solar power plant in the Atacama Desert. The company that is specialized on electrical infrastructures, renewable energies and construction has built the tracking systems with 300,000 solar panels on 150 hectares of public land. With an articulated arm and a brush that can simply be moved with a joystick in any direction, TrackFlex can clean the panels in every position, regardless of the orientation and the tilt angle. It is therefore not necessary to stop the tracking system during the cleaning process, thus saving time and money. TrackFlex can be mounted quickly and easily on all carrier vehicles such as tractors or wheel loaders and is ready for use within minutes.
(Source: SunBrush® mobil GmbH)
13.11.2020
First Lufthansa Flight With Tested Passengers Takes Off
This morning, the first Lufthansa flight, on which all passengers previously tested negative for Covid-19, took off for Hamburg from Munich: LH2058, which left Munich at 9:10 a.m., marked the start of Covid-19 antigen rapid testing on two daily flights between the two metropolises. Once the test was completed, customers received their test results within short time by push message and email. All guests on today's flight tested negative and were able to start their journey to Hamburg. All test results on the second daily flight, LH2059 from Hamburg to Munich, were also negative. In close cooperation with the Munich and Hamburg airports as well as with the biotech companies Centogene and the Medicover Group's medical care center, MVZ Martinsried, the airline offers its customers the opportunity to be tested for Covid-19 free of charge before departure of the two daily flights. Passengers who do not wish to be tested will be transferred to an alternative flight at no additional cost. Only if the result is negative, the boarding pass will be activated and access to the gate will be granted. Alternatively, passengers can present a negative PCR test not older than 48 hours at departure. Lufthansa takes care of the complete rapid test procedure. There are no extra costs for the passenger. All they have to do is register in advance and allow a little more time before departure.
(Source: Deutsche Lufthansa AG)
11.11.2020
Lufthansa AG: Remco Steenbergen Appointed as New Chief Financial
His contract will run until 31 December 2023. After the resignation of Ulrik Svensson and Thorsten Dirks, Carsten Spohr, Chairman of the Executive Board of Deutsche Lufthansa AG, took over the responsibilities of the CFO on an interim basis. With the appointment of Remco Steenbergen, the Finance division will be re-established. It will include controlling and risk management, corporate finance, accounting and balance sheets, taxes, purchasing, and mergers & acquisitions. "With Remco Steenbergen, we will have a distinguished financial expert with extensive experience in the capital markets joining us as the new Lufthansa Group CFO," says Karl-Ludwig Kley, Chairman of the Deutsche Lufthansa AG Supervisory Board. "Remco Steenbergen brings with him excellent financial expertise from various companies as well as industries and has also impressed the Supervisory Board with his personality. Especially now, when the pandemic is having such serious consequences for air travel, an internationally experienced and wellrespected CFO is more important than ever for Lufthansa Group: not only to
overcome the current crisis but also for the coming years, when we have to – and want to – pay back government stabilization funds."
(Source: Deutsche Lufthansa AG)
11.11.2020
Swiss Steel Group: Improved Resilience Through Cost Flexibility and Transformation
CEO Clemens Iller: "After two disappointing quarters due to COVID-19, the third quarter of 2020 got off to a cautiously positive start, and sales normalized in the second half of August after production capacities were ramped up smoothly following the summer break. The first signs of improvement have come from the automotive industry, while the recovery in mechanical and plant engineering as well as in the energy segment, especially with oil and gas, remains sluggish. Against this background, production for the automotive industry was scaled up again and short-time work was reduced in the respective production areas. The upswing-driven sales improvement is also reflected in the order books, though we are still noticing very short-term ordering patterns among our customers. This makes it difficult to assess how sustainable this recovery is. With the gradual implementation of our transformation program we have already improved our cost position significantly. Despite the decline in sales volumes and an unsatisfactory revenue situation compared with the same quarter last year, this has enabled us to achieve a better EBITDA result. The focus for the fourth quarter of 2020 as well will be on optimizing liquidity and implementing the transformation program."
(Source: Swiss Steel Group)
11.11.2020
Mimaki Illuminates 3D Printing Market with New Full-Colour 3D Printer
Mimaki Europe, in conjunction with Mimaki USA, a leading manufacturer of inkjet printers and cutting systems, today announces the launch of its new compact, full-colour 3DUJ-2207 UV Inkjet 3D Printer. Previously the first to bring over 10 million colours to the 3D printing market with its larger-scale industrial counterpart, the 3DUJ-553, Mimaki now combines the same impressive colour range and renowned build quality in a compact, affordable solution. With this latest offering, Mimaki aims to extend the reach and accessibility of its cutting-edge 3D printing technologies to an entirely new segment of customers. The innovative 3D printing solution represents a huge step forward for detailing and post-processing, with the unique combination of its full-colour capabilities and water-soluble support materials enabling super-fine details to be printed in vibrant colour, and then beautifully preserved without the substantial breakage risks usually associated with manual cleaning, painting and finishing.
(Source: Mimaki Europe)
10.11.2020
Lufthansa Issues Convertible Bond in the Amount of 600 Million Euros
Deutsche Lufthansa AG successfully placed senior unsecured convertible bonds in an aggregate principal amount of EUR 600 million. The Bonds have a denomination of EUR 100,000 per Bond, and a coupon of 2.0% per annum. The transaction was more than 6 times oversubscribed. The Company thereby further strengthens its liquidity. As of 30 September the Company had EUR 10.1 billion of cash at its disposal (including stabilization measures in Germany, Switzerland, Austria and Belgium which have not yet been utilized). “The transaction proves that Lufthansa still has access to attractive financing despite the Corona pandemic and highlights the trust in Lufthansa as a borrower and the Group's good international reputation. It is another successful step towards refinancing existing liabilities and government stabilization measures“, says Wilken Bormann, Executive Vice President Group Finance Lufthansa Group.
(Source: Deutsche Lufthansa AG)
10.11.2020
Skeleton Technologies Raises €41.3 Million to Support its Fast Growth
Saxony-based Skeleton Technologies – the largest European manufacturer of ultracapacitor-based energy storage – announced today it has completed a €41.3 million financing round. Current strategic investors, including EIT InnoEnergy, FirstFloor Capital, UP Invest and Harju Elekter, led the equity raise and were joined by European private investors. Taavi Madiberk, CEO and co-founder of Skeleton Technologies, stated: “Climate change is the most pressing issue for the coming decades and the momentum for energy transition and decarbonization of the economy is now stronger than ever. I am proud to see that our investors strongly believe in our vision and we now have new world-class partners behind us. Their support is a clear sign of where the markets are heading, and their experience will now help us scale and become one of Europe’s most successful cleantech companies.”
(Source: Skeleton Technologies Group)
4.11.2020
EuroBLECH Digital Innovation Summit 2020 ended last week
The first EuroBLECH Digital Innovation Summit, which took place online from 27 – 30 October 2020, provided the first meeting platform this year for the international sheet metal working community. More than 5,500 registered participants from 91 countries have used the opportunity to log on to the platform during the four virtual event days to network, watch webinar content live and on demand, view product demonstrations and visit virtual stands of exhibitors. This new event format proved successful in current times, as many participants from all over the world joined to discover innovations, trends and current solutions in the sheet metal working industry.
(Source: Mack-Brooks Exhibitions Ltd.)
4.11.2020
New date: art KARLSRUHE postponed to 21st –24th May 2021
The current course of the corona pandemic and the far-reaching measures for public life which the Federal Government and the Minister Presidents put into force at the beginning of this week are the reason why Messe Karlsruhe is rescheduling its portfolio of events in January and February 2021 with foresight. The art KARLSRUHE –fair for Classic Modern and Contemporary Art –will now take place from 21st to 24th of May 2021 atMesse Karlsruhe. The preview and vernissage for invited guests will take place on 19thand 20th ofMay. "In consultation with exhibitors, sponsors, the advisory boardand of course our curator Ewald Karl Schrade, we have looked for dates in our calendar that are suitable for art KARLSRUHE in the competitive environment and are accepted by the industry",explains Britta Wirtz, Managing Director of Messe Karlsruhe. "The new scheduling should lead to improved planning security for all those involved. It is important to us that the confidence of exhibitors, visitors and partners in the planning of trade fair participations is maintained. Our early decision to reschedule art KARLSRUHE isin the interest of all. By rescheduling, we have placed the interests of our exhibitors at the centre of our decision".
(Source: Messe Karlsruhe)
29.10.2020
Successful Launch of drupa preview will Reinforce the Digital Network
The digital platform drupa preview was opened on 27 October. Over 1.900 interested visitors took part in panel discussions and live web sessions as spectators, received valuable input on current issues via video keynote speeches and virtually connected with exhibitors and industry players. The three areas ‘Exhibition Space’, ‘Conference Area’ and ‘Networking Plaza’ reflect drupa’s cornerstones digitally, bridging communication needs between now and the next live event. The global pandemic has been a major challenge for the printing industry for months. This makes drupa preview a key tool, offering a platform in these difficult times for companies to showcase their innovative products and reach their target audiences. For exhibitors and visitors alike, this clearly marks a new beginning. “The drupa preview also has a special significance for Messe Düsseldorf: it shows that even in times of crisis we can offer solutions to keep the industries interacting and networking”, explains Erhard Wienkamp, COO Messe Düsseldorf.
(Source: Messe Düsseldorf)
29.10.2020
Messe Düsseldorf: Course Charted for K 2022
Last Thursday, 22 October 2020, the first meeting of the exhibitors’ advisory board marked the kick-off to the next ‘K’ in Düsseldorf to be held from 19 to 26 October 2022. The body of experts has met now to chart the course for the most important trade fair for the plastics and rubber industries worldwide and to enter into the concrete planning stage. The exhibitors’ advisory board supports Messe Düsseldorf in the preparations for ‘K 2022’ and provides consulting on basic conceptual and organisational issues. Here particular attention is paid to considering current developments as well as to the global economy and the discussion of forward-looking trends and technologies. The advisory board of ‘K 2022’ is composed of representatives from the exhibiting industries and leading trade associations. It mirrors the complete spectrum of ranges represented at ‘K’ in Düsseldorf, mechanical and plant engineering, raw and auxiliary materials as well as semi-finished products, technical parts and reinforced plastic products.
(Quelle: Messe Düsseldorf)
27.10.2020
Covestro with Significant Growth in Volume and Earnings in 3th Quarter
In the third quarter of 2020, Covestro increased core volumes by 3.0% year-on-year as the result of a significant improvement in demand. This development was largely driven by volume growth in the APAC region, particularly in China. At the same time, Group sales were down by 12.7% to around EUR 2.8 billion due to lower selling prices. As communicated on October 9, 2020, as preliminary key financial figures, at the time of publication EBITDA outperformed capital market expectations for the third quarter of 2020. At EUR 456 million, this figure was up by 7.3% over the prior-year quarter. The increase is attributable mainly to a lower cost level achieved with cost-cutting measures. Net income rose by 21.8% to EUR 179 million, while free operating cash flow (FOCF) grew to EUR 361 million (+48.6%). This development resulted from an increase in operating cash flows and reduced cash outflows for additions to property, plant and equipment, as planned.
(Source: Covestro AG)
27.10.2020
Bayer Acquires Asklepios BioPharmaceutical
Acquisition fuels Bayer’s cell and gene therapy platform with potential to bring urgently needed treatments to patients across multiple disease areas with high unmet need / AskBio's industry leading AAV-based gene therapy platform already yielding commercial and clinical stage assets with potential of helping larger patient populations / Portfolio includes investigational pre-clinical and clinical stage development candidates for the treatment of neuromuscular, central nervous system, cardiovascular and metabolic diseases such as therapeutics for Pompe disease, Parkinson’s disease and congestive heart failure, as well as out-licensed clinical candidates for hemophilia and Duchenne muscular dystrophy / Acquisition secures additionally revenue generating Contract Development and Manufacturing Business based on highly efficient Pro10™ Cell line / AskBio to operate autonomously and on an arms-length basis / Purchase price of USD 2 billion upfront and up to USD 2 billion in success-based milestone payments.
(Source: Bayer AG)
26.10.2020
SCHWEISSEN & SCHNEIDEN 2021 with new Topics
The 20th international trade fair SCHWEISSEN & SCHNEIDEN will take place from 13 to 17 September 2021 at Messe Essen. One thing is already certain: The anniversary edition of the world-leading event will be a very special one. Because it will take place for the first time at the modernized Messe Essen. Oliver P. Kuhrt, CEO of Messe Essen: "Exhibitors and visitors of SCHWEISSEN & SCHNEIDEN will benefit from an open, functional architecture, short distances, eight spacious, single-storey halls and plenty of daylight.“ This modernization is accompanied by a thematic rearrangement of the exhibition areas. That makes it easier for participants to find their way around. Several connected halls have been reserved for the areas of surface technology/heat treatment, gas, supplies and filler materials, equipment, safety and health. Companies involved in welding and joining have their place in the Galeria as well as in halls 2, 4, 5 and 6. The exhibitor interest in the welding sector was so great that this presentation area has already been expanded into parts of Hall 2, where related solutions for filler materials and quality assurance will also be on display.
(Source: Messe Essen)
26.10.2020
COLOGNE FINE ART & DESIGN 2020 with a Fine Selection of Dealers and Galleries
The 51st COLOGNE FINE ART & DESIGN presents itself from 18 to 22 November 2020 in Cologne with a fine selection of dealers and galleries. The journey through time at COLOGNE FINE ART & DESIGN ranges from early specimens from Antiquity through furniture design between classic and modern to art and objects from Europe and non-European regions. Due to corona, the traditional art fair is this year taking place parallel with ART COLOGNE and, together with the leading German art fair for prewar, modern and contemporary art, is an in every respect worthwhile art experience. As special events, "Vienna 1900" tempts visitors into the period around the turn of the 20th century, and the newly conceptualised "SHOWROOM" allows visitors to experience interior designs into which design objects and high-quality art from the collections of the exhibitors are integrated. "THE SHOWROOM" wants to show how the crossover of styles and eras can be realised not only in the context of the art fair, but also in one's own home. In addition to this, the following applies to both COLOGNE FINE ART & DESIGN and to ART COLOGNE, which is taking place parallel: two opening days (18 and 19.11) will be succeeded by three visitor days (20 – 22.11).
(Source: Koelnmesse GmbH)
26.10.2020
US Consumer Tech Sales to Grow by 18% in Q4 2020
According to the research data analyzed and published by ComprarAcciones.com, consumer tech sales in the US will grow by 18% year-over-year (YoY) in Q4 2020 as a result of the continued work and learn-from-home trends. Comparatively, the growth rate in Q4 2019 was only at 4%. A huge chunk of the sales from Q2 2020 took place online as eCommerce accounted for 69%. Comparatively, in Q2 2019, online tech sales accounted for 48% of the total consumer tech revenue. During the “back-to-school” season (virtual classes), sales of traditional supplies like pencils and notebooks declined by 32% YoY. In the seven-week period which ended on August 8, 2020, there was a revenue drop of 50%. Fortunately, the same period saw a remarkable surge in consumer tech products related to online schooling. Notebook computer sales soared by 51% as monitors surged by 79%. Communication devices like webcams/USB cameras saw a 116% increase in sales. Globally speaking, consumer electronics revenue will grow 16.6% YoY to $375.6 billion according to Statista.
(Source: Psychic Ventures Ltd.)
22.10.2020
Five Largest US Oil and Gas Companies Lost $307bn in Market Cap YoY
Even before the coronavirus pandemic, the oil and gas industry was faced with slumping prices. However, with a record collapse in oil demand amid the coronavirus lockdown, the COVID-19 crisis has further shaken the market, causing massive revenue and market cap drops for even the largest oil and gas companies. According to data presented by StockApps.com, the top five oil and gas companies in the United States lost over $307bn in market capitalization year-over-year, a 45% plunge amid the COVID-19 crisis. Global macroeconomic concerns such as the US-China trade war and the oil overproduction set significant price drops even before the coronavirus outbreak. A standoff between Russia and Saudi Arabia in the first months of 2020 sent prices even lower. After global oil demand plunged in March, Saudi Arabia proposed a cut in oil production, but Russia refused to cooperate. Saudi Arabia responded by increasing production and cutting prices. Shortly Russia followed by doing the same, causing an over 60% drop in crude oil prices at the beginning of 2020.
(Source: Psychic Ventures ltd.)
22.10.2020
MSEC 2020 Recognizes Products
Butterfly Network, a company out to democratize healthcare by making medical imaging universally accessible and affordable, has won the Ultrasonic Transducers Product Showdown at MEMS and Sensors Executive Congress (MSEC 2020), held last week for the first time in virtual format. Butterfly iQ, the winning product, is a connected, easy-to-use handheld whole-body ultrasound system that the company says is 10 times less expensive than traditional ultrasound medical imaging systems. The award was based on a poll of MSEC attendees. “MSEC 2020 underscored cutting-edge innovation that promises to help tackle shared challenges,” said Tim Brosnihan, executive director for SEMI-MSIG. “In the midst of an international pandemic, the product finalists, emerging leaders and MSIG Hall of Fame inductees recognized at MSEC 2020 all reflect forward-looking MEMS and sensors solutions that take aim at overcoming problems confronting societies around the world.”
(Source: SEMI)
22.10.2020
MTC invests in XJet Carmel 1400C
T– XJet Ltd. has announced today that the Manufacturing Technology Centre (MTC), will add XJet NanoParticle Jetting™ technology to its portfolio of additive manufacturing (AM) technologies at its facility in Coventry, UK. Determined that the global coronavirus pandemic will not slow progress, the Carmel system has been shipped to MTC and is scheduled to go live in the coming few months. Established in 2010, the MTC is an independent research and technology organisation (RTO) that provides integrated manufacturing system solutions for customers large and small across a diverse range of sectors. The MTC hosts the National Centre for Additive Manufacturing (NCAM) which accelerates the adoption of AM by developing the technology and systems required to industrialise AM. Ceramic AM is a key focus area for the NCAM, with the recently published whitepaper highlighting a route to widespread adoption for the UK.
(Source: XJet)
21.10.2020
Brabender Technologie: Innovations for Additional Flexibility and Safety
Brabender Technologie is pleased to present its latest development for the second half of 2020 for its bulk materials and liquids feeding, weighing, discharging and flow measurements products. These innovations have been focused on the areas of increased flexibility and safety. Brabender Technologie is pleased to announce that servo motors will become standard for additional feeders. Compared to standard AC motors, the flexible servo drive provides a wider speed range, while maintaining torque: Servo motors have the advantage of having their full torque available at low speeds and having negligible speed fluctuations during high torque demand situations. For these reasons, the servo drive is desirable as it eliminates the need for a second pair of screw and tube thereby reducing changeover downtime of the system.
(Source: Brabender Technologie)
21.10.2020
AUMA: Trade Fairs in Germany can Still Take Place
Even after the resolutions of the federal and state governments on October 14, 2020 to contain the corona pandemic, trade fairs may be held in Germany. In the talks between the Chancellor and the heads of government of the federal states, it was agreed, among other things, that the number of participants in events should be limited to 100 in regions with more than 50 new infections per 100,000 inhabitants on average over the last seven days. However events for which there is a hygiene concept agreed with the responsible health authority are excluded. Since there are corresponding concepts for exhibitions in Germany planned in the near future, trade fairs are not affected by this agreement, as AUMA - Association of the German Trade Fair Industry stated. In principle, separate specifications for trade fairs apply in the federal states; The central components include hygiene concepts agreed with the responsible authorities. According to the agreement between the federal government and the federal states on May 6, 2020, the individual states are responsible for the permission of trade fairs with corresponding requirements.
(Source: AUMA)
21.10.2020
Jade Kurian Receives Women in Technology Futurist Award
In a virtual presentation on 19 October, Jade Kurian, president and co-founder of latakoo, a leading developer of software solutions for the broadcast production industry, was honoured with the prestigious Women in Technology Futurist Award. The award was presented at TVNewsCheck’s tenth annual Women in Technology Leadership Awards ceremony and reception. The award recognises that Jade Kurian epitomises the quality of taking a long-range view of where the television industry should be moving and figuring out how to get it there. The Women in Technology Futurist Award celebrates women who have pioneered new technologies or who, although not working in the sciences, have significantly influenced the development of media industry technology. The award supports the National Association of Broadcasters Education Foundation’s Technology Apprenticeship Program, which provides training and industry internships to graduating engineers who are women or people of colour.
(Source: latakoo)
20.10.2020
Messe München by Offering New Hybrid Platforms
Messe München is devising new digital formats during the intensifying coronavirus crisis and is enabling exhibitors and visitors to take part in trade fairs despite international restrictions on travel by offering hybrid events. Flexibly deployable platforms and services are being created in close cooperation with customers. Special hybrid versions of EXPO REAL, BAU and ISPO will combine the best of both worlds. Messe München offers a wide array of the world’s leading trade fairs. Even in times of far-reaching travel restrictions, the internet facilitates international contacts. Klaus Dittrich, the Chairman and CEO of Messe München, said: “The coronavirus is a transformative accelerant in many industries. We, too, have responded to the current restrictions by quickly and agilely offering new business platforms to our customers. The extensive experience in digital products that we have gained over the years gave us a huge boost. Our customers really appreciate the efforts we are undertaking now to jointly apply new approaches and provide them with opportunities to cultivate business relationships and begin new ones even during times of crisis. Hybrid, that is, a mix of online and in-person events, has become the ‘new normal.’”
(Source: Messe München)
20.10.2020
DOMOTEX Postpones Trade Show from January to May 2021
Although two thirds of the exhibition space – about 62,000 square meters – had already been booked and a comprehensive hygiene concept had been developed to comply with COVID-19 safety regulations, Deutsche Messe AG has decided to postpone the next edition of DOMOTEX to 20 – 22 May 2021. The show was originally scheduled to take place from 15 – 18 January 2021. The reasons for the postponement are based on the latest developments regarding the worldwide rampant COVID-19 pandemic and on the fact that, in view of these developments, clients, exhibitors and visitors have asked for DOMOTEX to be held at a later date. DOMOTEX is now planning a digital conference to take place on 15 January 2021, the show’s original start date.
(Source: Deutsche Messe AG)
20.10.2020
glasstec VIRTUAL: Ready to Kick off Tomorrow!
From 20 to 22 October 2020 the new digital networking platform will provide the international glass sector with extensive insights into the state of the industry. “The course we have charted is important to the industry these days. With glasstec VIRTUAL we offer the global world of glass an additional contact platform – driven by the leading international trade fair and its leading position, the high internationality and the quality and expertise of contacts. Until this morning over 2,000 experts from the sector have already registered,” says Birgit Horn, Project Director glasstec. At the ‘Exhibition Showroom’ about 800 companies are presented. In addition, there are 65 interactive web sessions where the exhibitors introduce virtual visitors to their companies as well as products and solutions live. Click here to access exhibitors’ web sessions: https://virtual.glasstec-online.com/en/Exhibition_Space/interactive_Web_Sessions/
(Source: Messe Düsseldorf)
19.10.2020
SolarPower Summit can Look Back on an Excellent Event
Following safety protocol due to the COVID-19 pandemic, for the first time ever the Summit was held online. The SolarPower Europe team worked hard to ensure an innovative, immersive, and interactive experience for all participants. With over 2,000 attendees and a week’s worth of dynamic presentations and high-level speakers such as Kadri Simson, Energy Commissioner, Fatih Birol, Executive Director of IEA and many more, the SolarPower Summit demonstrated how solar is set to play a leading role in transitioning Europe to a climate-neutral energy system. On Day 3 of the Summit, we celebrated SolarPower Europe’s 35th anniversary with some very special guests, including Frans Timmermans, Executive Vice-President of the European Commission, and Bertrand Piccard, Initiator and Chairman of the Solar Impulse Foundation. The celebration was a time for us to look back with pride on Europe’s solar achievements, and also a time to look forward, to the many opportunities and challenges that we will face. Indeed, we are now at the beginning of a new decade, a defining decade for our technology – and a defining decade for climate action.
(Source: SolarPower Europe)
19.10.2020
RE-Source 2020 is Going Virtual!
The world’s largest gathering of renewable energy buyers and suppliers is back for another year and bigger than ever! The best-selling RE-Source annual event is being transformed this year into a week of knowledge and experience sharing, inspiring key notes and B2B networking. And all of this will be available online so that everyone interested in PPAs and renewable energy procurement, will be able to learn and do business. Whether you are an experienced buyer or seller, or new to this sphere, this event will have the right content for you. Each day will be customised to the differing needs and interests of our participants, and it will be up to you to choose and attend the most relevant bits. Be part of the growing community of green energy buyers and suppliers. Get inspired, understand the opportunities, learn from the experiences of others, and succeed to power your business by green electricity, to gain a competitive advantage and grow your company in a sustainable way.
(Source: SolarPower Europe)
15.10.2020
Trina Solar's Vertex Series Modules gets Worldwide Recognized IEC Certifications
Trina Solar Co., Ltd. a leading global PV and smart energy total solution provider, announced recently that the Vertex 600W and 550W series of glass-backsheet and dual-glass modules passed the TÜV Rheinland Photovoltaic Module IEC standard serial test and obtained two certificates, IEC 61215 and IEC 61730. The Vertex series became the first 600W+ high-power PV module that achieved IEC certifications in the PV industry. Trina Solar’s Vertex modules (600W & 550W), using 210mm size cells, have the characteristics of high power, high efficiency and high reliability, suitable for large-scale ground mounted PV power plants and large industrial and commercial rooftop projects. Besides Trina Solar's leading PERC and multi-busbar technology, it also adopts a low-voltage and high-string power design to increase the power of single-string of modules by more than 40%. At the same time, it integrates non-destructive cell cutting, high-density cell interconnection.
(Source: Trina Solar Co. Ltd.)
13.10.2020
HYDROGEN DIALOGUE: A “Who’s Who” of the Hydrogen Industry will meet in Nuremberg
A premiere in Nuremberg: HYDROGEN DIALOGUE & NUEdialog will be making its debut on 18 November 2020, under the auspices of NürnbergMesse in cooperation with the Department of Economics and Social Sciences at Friedrich-Alexander University of Erlangen-Nuremberg (Erlangen-Nuremberg University) and the Bavarian hydrogen centre Zentrum Wasserstoff.Bayern (H2.B), the event’s honorary sponsor. The HYDROGEN DIALOGUE – Summit & Expo is expected to turn the Nuremberg Exhibition Center into the go-to platform for the hydrogen industry. This new kind of event will include presentations, panel discussions, an exhibition and networking for attendees from business, science and government. “The idea is to engage the entire hydrogen industry loop. That’s what we want to support with HYDROGEN DIALOGUE – the indispensable new meeting point for the entire hydrogen industry,” says NürnbergMesse Group CEO Dr Roland Fleck.
(Source: NürnbergMesse)
13.10.2020
GHM: Cancellation of opti 2021
opti, the international trade show for optics and design, which was planned to take place from 8th to 10th of January 2021, has been cancelled due to the current volatile developments: This decision was a result of rising infection rates, travel restrictions and feedback from the industry. The organizer responsible for opti, GHM Gesellschaft für Handwerksmessen mbH, has decided to cancel opti 2021. Despite the hygiene concept that was developed together with Landesmesse Stuttgart and the responsible authorities, and the commitment of many market participants, including market leaders, which resulted in numerous registrations, participation from the entire industry is not sufficient in turbulent times like these to organise an opti that guarantees participants the desired success and can therefore be fully backed by those in charge.
(Source: GHM)
13.10.2020
Next Fakuma in October 2021!
In cooperation with the exhibitor advisory board for Fakuma 2020, trade fair promoters P. E. Schall GmbH & Co. KG have decided to postpone the 27th Fakuma international trade fair for plastics processing to 2021. The next industry highlight covering all aspects of plastics processing will take place from the 12th to the 16th of October, 2021. This year’s Fakuma will be postponed until next year. From the point of view of the trade fair organisers, the 27th Fakuma could have been held in Friedrichshafen from the 13th through the 17th of October, 2020. "Together with all involved parties, we struggled for a long time to amend the general conditions demanded by the corona pandemic in such a way that Fakuma 2020 could have been promoted successfully,” says Bettina Schall, managing director of P. E. Schall GmbH & Co. KG. A hygiene and security concept was developed for safe trade fair promotion to this end. "We fulfilled all of the prerequisites. However, in cooperation with the exhibitor advisory board we’ve now decided to postpone Fakuma 2020 to October, 2021.”
(Source: Messe Friedrichshafen)
13.10.2020
The Race For Water Odyssey in the Land of the Rising Sun
Flexibility has been our watchword since the beginning of the year. The health crisis affecting the whole world has had a strong impact on the Race for Water odyssey programme. The Foundation's catamaran was however able to travel and make numerous through the heart of Japanese waters on with the help of our local partners Saraya and Zeri Japan; and importantly the watchmaking company Breguet, who has been supporting us since 2018. Ishigaki, Okinoerabu, Amamioshima, Kagoshima, Sasebo, Fukuoka, Osaka, Nishinomia and Tokyo. A total of nine ports of call and nearly 300 meetings with guests, all very committed to the subject of plastic pollution of the oceans, were received in small groups in order to follow strict health and safety measures. "We have welcomed on board nearly 300 guests, including 80 elected officials, local decision-makers and 70 journalists since the beginning of March, including of course our partner representatives: Mr. Yusuke Saraya, President of Saraya Group and Zeri Japan.
(Source: RACE FOR WATER FOUNDATION)
9.10.2020
embedded world 2021: Call for Papers for Leading Expert Forums
The 2021 embedded world and electronic displays conferences will bring the embedded community together at Exhibition Centre Nuremberg parallel to the embedded world exhibition from 2 to 4 March. With the Call for Papers for the world’s leading gathering for embedded system developers and key industry platform for display technology, experts from around the world arenowinvited to submit their papers on new research results. This will allow the two conferences to offer ahigh-calibre thematic complement to the exhibition and forums taking place in the halls.
(Source: NürnbergMesse)
9.10.2020
The ETIP PV Elected new Board Chairmen
The European Technology and Innovation Platform for Photovoltaics (ETIP PV) elected during a virtual meeting the Chairman and two Vice-Chairmen for the term 2020 – 2022. Marko Topi?, Professor at the University of Ljubljana, Faculty of Electrical Engineering and Affiliate Professor at the Colorado State University, was reelected as ETIP PV Chairman. Wim Sinke, Energy Research Centre of the Netherlands, has been reelected as Vice-Chairman of the ETIP PV. Roch Drozdowski-Strehl, Chief Executive Officer of L’Institut Photovoltaïque d’Île-de-France (IPVF), was elected as new Vice-Chairman of the ETIP PV. Marko Topi? stated: “We all live in special times and PV will significantly contribute to the clean energy transition. I am honored to serve as the Chairman of ETIP PV for another mandate. With strong commitment and hard work ETIP PV will meet the big expectations and move PV from a cornerstone to the heart of the energy system for the benefit of all stakeholders and citizens.”
(Source: ETIP PV - European Technology and Innovation Platform for Photovoltaics)
9.10.2020
purmundus challenge Looks at Harmony Between Geometry and Materials
This year's finalists show the enormous potential of additive manufacturing. 3D and 4D printing are more than ever and increasingly around the world a core manufacturing process paving the way for smart innovations in various different markets. The 2020 purmundus challenge, which is being held from 28 October to 31 December 2020 of the Formnext Connect, shines a spotlight on forward-looking product ideas from 13 countries on 5 continents under the motto “Geometry and Material in Harmony”. The finalists in this year’s purmundus challenge are innovative, forward-looking concepts in the fields of medicine, 4D printing, automation, robotics, kinematics, mobility and aerospace engineering. In addition to a fashion collection, textiles as the frame for an item of clothing, and shoes, the finalists include two sports products. Design products from the film industry and the fields of architecture, interior design, leisure, education, food made from vegetable proteins and a luminescent organism for the living room are also in the running.
(Source: cirp GmbH)
7.10.2020
Newly Elected EUROTRANS President from Turkish Association MIB
The European power transmission engineering industry met at its first online meeting for its Annual Meeting of the European Power Transmission Sector Committee EUROTRANS on 29 September 2020. This year´s Annual Meeting focus was on the challenges of Covid-19. "Covid-19 functions as a catalysator for digitalization, it will speed up processes in our societies, in our global industry, and in the power transmission industry”, says Eric Goos, General Manager of Hansen Industrial Transmissions N.V., Belgium plant of Sumitomo Drive Technologies. He is the outgoing president of EUROTRANS and established a modern organization which is well prepared for the challenges of the future. During the Annual Meeting, Salim Haffar, I-MAK Gearboxes and Drives, Turkey was elected as President and André Thuswaldner, Novagear AG, Switzerland was elected Vice President.
Source: VDMA, EUROTRANS)
7.10.2020
Faber Infrastructure Launches Container-based Power Supply
In October, the subsidiary of one of Europe's leading cable distributors, Klaus Faber AG, has launched the compact solar battery container Mobile Power System and started series production. This intelligent overall solution combines a 24-kW solar system with 80-kWh lithium-ion battery storage and an emergency power generator. The new power supply of Faber Infrastructure GmbH is characterised in particular by its modular architecture and plug & play design. All components are stowed in a standardised 20-foot container for transport. On site, the solar wings can be quickly and conveniently folded out and put into operation. Individual module units such as the 24/7 backup unit are compactly mounted on slide-in grid-frame modules and easily accessible. The system is operated and monitored via the control panel on the container door. If required, both the generation and storage capacity can be retrofitted at any time.
(Source: Faber Infrastructure GmbH)
7.10.2020
Lufthansa: Ticket Refunds Over Three Billion Euros Paid
The number of ticket refunds still open fell to around 700,000 transactions worth around 350 million euros. Constantly changing travel restrictions and current political decisions are forcing Lufthansa to make frequent and extensive changes to flight schedules at short notice. This leads to unavoidable flight cancellations. The associated refund applications are processed as quickly as possible. Therefore, the number of open refund applications will continue to develop dynamically, decrease further in the coming weeks, but will not reach zero. Lufthansa Group Airlines is working continuously and intensively to further speed up processing. To this end, they have initiated many different measures. For example, capacity in the customer centers has been tripled, and in travel agency sales it has even quadrupled. Numerous employees from other departments have been activated to provide support and have been released from short-time working in return. Currently, around 1,700 applications per hour can be processed.
(Source: Deutsche Lufthansa AG)
5.10.2020
#EISEN Innovation Award 2020 Powered by ZHH in Digital Format this Year
For the first time, the top international award of the hardware industry will be a virtual experience – the highly coveted trophy will be presented in a purely digital format on 6 August 2020 at 10:00 am. You too can be there live. EISENWARENMESSE – INTERNATIONAL HARDWARE FAIR and the Zentralverband Hartwarenhandel e.V. (ZHH/Central Association of the Hardware Trade) have once again set out to find outstanding innovations and inventions. On 6 August 2020, it is time once again: Curtains up for the winners of the #EISEN Innovation Award powered by ZHH! This exceptional award is becoming more and more popular with each ceremony and is now a well-established institution in the hardware industry. This also shows the high level of awareness in the industry. Out of the 75 entries submitted and 60 companies from 14 countries that participated, ten products were nominated. The submission categories were tools, fastening technology and industrial supplies.
(Source: Koelnmesse GmbH)
5.10.2020
China, Japan and US controls 60% of Global Installations of Industrial Robots
Data presented by Buy Shares indicates that China, Japan, and the United States cumulatively control about 58.71% of the global industrial robot installations. As of September 2020, there were 381,000 units of industrial robots globally. From the data, China accounts for the largest share at 140,500 units, followed by Japan at 49,900 units. The U.S is third with 33,300 installed units. South Korea has the fourth-highest installation at 27,900 units while Germany closes the fifth spot with 20,500 million installations. The Czech Republic has the least industrial robot installation at 2,600.
(Source: Buyshares.co.nz)
2.10.2020
FIBO is on Again: The Fitness Sector Meets on the Web
From re-inventing fitness clubs and strategies for coping with the Corona crisis to the use of Artificial Intelligence in work-outs – the debut of FIBO@business looks to topics revolving around current trends in the industry, digitalisation, health and e-commerce. “After postponing the trade show in April we are now finally in the starting blocks, all digital but brimming with top-class content for the fitness industry,” says Silke Frank, Event Director of FIBO. From 1 to 2 October the first digital FIBO will take place delivering valuable input for club operators, trainers, physiotherapists and dealers – plenty of it broadcast live from the studio. For this new, virtual FIBO feel, the use of state-of-the-art communication technologies offers excellent interaction possibilities between trade visitors and exhibitors plus an extensive line-up of lectures. Visitors can also find out about new products launched in the industry at FIBO@business. On the Brand Portal exhibitors such as ACISO Fitness & Health, EGYM, Life Fitness, Ludwig Artzt and Technogym present themselves. An authentic trade show feel is ensured by so-called Drop-In Meetings that enable spontaneous exchange between exhibitors and trade visitors. Thanks to this feature questions and issues arising a short time after the contact can be addressed in a personal dialogue just like at a physical trade show paying a visit to a physical stand.
(Source: Reed Exhibitions Deutschland GmbH)
2.10.2020
FENSTERBAU FRONTALE 2022: Early Bookings for Exhibition Areas Recommended
FENSTERBAU FRONTALE – the Trade Show. Window. Door. Façade – is looking to the future, and preparations for the next event are already in progress. Prospective exhibitors can still take advantage of the early booking discount until 31 October 2020 by going to www.frontale.de/application. The show days will change starting in 2022, when FENSTERBAU FRONTALE will run from Tuesday 29 March to Friday 1 April – in parallel with HOLZ-HANDWERK as usual. In the meantime, the online channels for the trade show, with the theme of “FENSTERBAU FRONTALE connected”, will continue to be the main point of contact to help everyone with an interest in the sector to stay up to date with the latest trends and products. For an overview, see www.frontale.de/en/bridgingthegap.
(Source: NürnbergMesse)
1.10.2020
Meyer Burger Technology Closing of the Sale of the Muegge GmbH
Meyer Burger Technology Ltd announces today the closing of the sale of the microwave and plasma technology company Muegge GmbH to the investment company HQ Equita, which was announced on 10 August 2020. HQ Equita, which is part of the Harald Quandt Group in Bad Homburg, Germany, will acquire all of Muegge GmbH’s business divisions including its subsidiary Gerling Applied Engineering Inc. based in Modesto CA, USA, as well as its approximately 100 employees. As previously announced, the book profit will amount to approximately CHF 4 million. The contract also includes an earn-out of CHF 2.5 million, which is due the following year based on the agreed financial targets for 2021.
(Source: Meyer Burger Technology AG)
1.10.2020
Earnings Situation in German Industry Still Poor
The earnings situation in German industry is improving only slowly. This is a finding from the ifo Institute’s latest Business Survey. In September the indicator stood at minus 32 points – only a slight improvement over minus 43 in May. “The coronavirus crisis is still having a direct impact on industrial companies’ earnings,” says ifo expert Simon Litsche. Even prior to Covid-19, the industrial recession had caused the indicator to fall to minus 7 points in September 2019, after measuring plus 1 point in May 2019. In the clothing industry, the situation in fact darkened further in September, with the indicator falling to minus 94 points from minus 86 points in May. Earnings have collapsed in the pharmaceutical industry: the indicator plummeted to minus 7 points from plus 44 points in May. In the chemical industry, the indicator remains negative at minus 28 points. In metal production and processing, the index rose only marginally to minus 79 points from minus 81 points in May. The situation in the automotive industry, while still poor, has improved somewhat. The indicator rose to minus 69 points from minus 82 points in May.
(Source: ifo Institut)
1.10.2020
ifo Institute: Very Slow Recovery in the Automotive Industry
German carmakers and their suppliers assessed their current business situation better than in August, but the overall situation is still bleak. This is a finding from the ifo Institute’s latest Business Survey. In September, the indicator rose to minus 19.0 points, up from minus 35.9 points in August. It had bottomed out in April at minus 87.0 points. “The situation was catastrophic, then became abysmal. Now it is simply bad. This is the extent of the improvement,” says ifo expert Stefan Sauer. Business expectations for the coming months fell to 28.8 points, down from 36.1 points in August and from a high of 41.6 points in July. In addition, companies still expect to reduce headcount, with the corresponding indicator at minus 38.6 points, after minus 46.1 points in August. One glimmer of hope is to be found in the export expectations, which brightened somewhat as the indicator rose slightly to 32.2 points from 31.1 points in August. Production plans continue on their expansionary course: the corresponding indicator reached a healthy 53.1 points, up from 48.2 points in August. Order books improved further compared to the previous month, with the indicator rising to 53.7 points from 39.1 points in August.
(Source: ifo Institute)
30.9.2020
automatica 2020 Not to be Held as In-person Event
The automatica exhibition scheduled for December 8–11, 2020 will not take place due to the current travel restrictions in Europe in connection with the coronavirus pandemic, which are becoming more stringent. This decision has been taken by Messe München in agreement and close coordination with the conceptual sponsor VDMA Robotics + Automation and the automatica Advisory Board. In coordination with the industry, Messe München is now developing a compact new in-person event for mid-2021, which will be adapted to the specific circumstances in times of the coronavirus. In addition, auto-matica is further expanding its digital offering.
(Source: Messe München)
30.9.2020
Reference Value for Hospital Costs Amounts to 2.60% in 2020
In accordance with the provisions of the Hospital Fees Act, the Federal Statistical Office (Destatis) publishes the reference value for hospitals, as it is called. It is an important parameter for the partners in the German self-governing healthcare system (statutory health insurance institutions and hospitals). The reference value indicates the average annual percentage change of hospital costs which is due only to changed prices or earnings. It is thus a major basis for budget negotiations regarding in-patient care. For the 2nd half of 2019 and the 1st half of 2020, the reference value is 2.60% as compared with the same period a year earlier (2nd half of 2018/1st half of 2019). The sub-reference value for staff costs is 3.40%, that for material costs is 1.30%. As in previous years, the sub-reference value for staff costs takes into account changes in the earnings of the hospitals' nursing staff.
(Source: Destatis)
30.9.2020
Zayed Sustainability Prizes Announces Postponement of 2021 Awards Ceremony
The Zayed Sustainability Prize has announced the postponement of the 2021 Awards Ceremony, which was scheduled to take place in January, as part of the annual Abu Dhabi Sustainability Week. The decision was made due to travel restrictions for different countries and to ensure international participants’ safety and well-being in light of the unprecedented global challenges caused by the coronavirus pandemic. While the UAE is a safe travel destination, the current global climate means that the 2021 Awards Ceremony will not be able to deliver the physical event, networking, and knowledge exchange opportunities which the Zayed Sustainability Prize represents to its worldwide stakeholders. The Zayed Sustainability Prize values and recognises all efforts and reassures applicants who have already submitted their entries to the 2021 awards cycle that their submissions will be automatically moved to the 2022 cycle. More details will be announced in upcoming months.
(Source: Sheikh Zayed)
29.9.2020
ProSweets Cologne 2021 at the Previous Year Level
The Corona pandemic is keeping the entire world on tenterhooks and is also facing the supplier industry for sweets and snacks with new challenges. At the same time, undreamt-of forces are being unleashed, which are pushing the worldwide change processes such as the digitalisation or product development forward, this in turn is also influencing the behaviour patterns of people. ProSweets Cologne (31.01.-03.02.2021) can make an important contribution in these times above all as a catalyst. As the central supplier trade fair for sweets and snacks that is staged parallel to ISM, it not only enables the recently absent personal encounters among business partners. As a worldwide trusted trading place and unique platform especially for the sweets and snacks section, ProSweets Cologne additionally offers the possibility of the concentrated presentation of innovative products in one location to further promote the economic growth. There is a huge desire among the industry for a piece of normality in everyday business life. This is also reflected by the number of applications in the early bird phase of the trade fair, which expired at the end of May.
(Source: Koelnmesse GmbH)
29.9.2020
U.S. new home sales jump 108% over the last 10 years
Data presented by Buy Shares indicates that the United States' new home sales annual rate has grown by 108.45%. The growth was recorded between 2010 and 2020. The highest sales were recorded this year at 697, 542 as of September 28th, a growth of 2.9% from last year’s 677,386. Over the last decade, the lowest sales were registered in 2011 at 309,853, a drop of 7.40% from 2010’s 334,624. From the data, it is clear that the new home sales have been rising despite the economic uncertainties. According to the research report: "The rise in new home sales is a good indicator considering that the United States real estate market was among the worst hit by the coronavirus pandemic. The high sales show a rising momentum as the economy continues to recover from the pandemic." The research also overviewed the sales relating to the existing homes where the annual rate jumped by 128%. From the data, the highest sales were recorded this year at about 1.3 million. Last year, the figure stood at 1.2 million. The lowest sales were recorded ten years ago at 577,774.
(Source: Buy Shares)
28.9.2020
Healthcare Startups Raised $111.4bn in Total Funding, a 34% Jump Year-on-Year
The coronavirus pandemic put enormous pressure on the healthcare industry, forcing pharmaceutical giants and institutions to roll out clinical trials for a COVID-19 vaccine at breakneck speed. But behind the COVID-19 outbreak as the main healthcare issue in 2020, large health systems and venture capital firms continued investing millions in startups whose products could bring critical healthcare delivery innovation. According to data presented by BuyShares.co.uk, the total amount of funds healthcare startups raised over time hit $111.4bn in September, a 34% jump year-on-year. In 2015, healthcare startups worldwide raised $5.4bn in funding rounds, with the cumulative value of investments reaching $24.4bn that year, revealed the CrunchBase data. During the next two years, this figure surged by more than 68%, reaching $45.5bn in the fourth quarter of 2017. Statistics show that 2018 delivered a $19.2bn of investments into healthcare startups, while the cumulative funding value rose to $64.7bn. In 2019, the total value of raised funds jumped by $24.7bn to $89.4bn, the most significant increase year-on-year.
(Source: Buy Shares)
28.9.2020
Frieze Viewing Room Brings Today's Most Significant Galleries Together on One Platform
Following a successful launch in May which saw visitors from 156 countries, Frieze Viewing Room returns from 9-16 October. The Frieze London and Frieze Masters 2020 edition of the virtual fair will see participation from outstanding galleries, including Gagosian, Marian Goodman Gallery, Hauser & Wirth, Xavier Hufkens, Pace Gallery, Skarstedt, and Spru?th Magers. The Frieze Masters iteration of the Viewing Room presents a rare opportunity to bring museum-quality pieces to the digital sphere, underlining the fair’s longstanding commitment to presenting historical works within a contemporary setting. Discover artworks spanning six millennia of ancient art history to some of today’s most exciting artists. Registrations open on 30 September.
(Source: FRIEZE)
28.9.2020
New CFO for Meyer Burger Technology Ltd.
Jürgen Schiffer is appointed as the new Chief Financial Officer (CFO) of Meyer Burger Technology AG as of October 1, 2020. In this role he succeeds Manfred Häner, who is retiring. Jürgen Schiffer (*27.06.1966) is an experienced financial expert focusing on reporting, accounting, treasury management and tax law. In recent years, the graduate banker has held senior finance and CFO positions at European companies on a mandate basis. In addition to his core competencies in Finance & Controlling, Jürgen Schiffer has gained significant experience as a management consultant and interim manager in dealing with complex turnaround situations. He is familiar with company analyses, the design of quality assurance processes and the development of reporting structures. The responsibilities of the new Chief Financial Officer (CFO) include transforming the existing structures and aligning reporting with Meyer Burger's new business model as a technologically leading manufacturer of solar cells and solar modules.
(Source: Meyer Burger Technology AG)
24.9.2020
Plastics & Rubber Vietnam, ArabPlast and PLASTINDIA With New Dates for 2021
For months the Covid-19 pandemic has affected life and the economy worldwide. Due to its highly dynamic nature at present as well as the travel restrictions affecting exhibitors and buyers in numerous countries overseas both Plastics & Rubber Vietnam and ArabPlast and PLASTINDIA will be re-scheduled. Plastics & Rubber Vietnam will now be held in Ho Chi Minh City from 16 to 18 June 2021 instead of in November. The new date of ArabPlast originally planned for January 2021 in Dubai will be 15 to 18 November 2021, while PLASTINDIA in New Delhi will be postponed by one year to 17 to 21 February 2022.
(Source: Messe Düsseldorf)
24.9.2020
SEMI-NBMC Invites White Paper Proposals for Funding of Human Monitoring Innovations
SEMI Nano-Bio Materials Consortium (NBMC) today released a Request for Proposals (RFP) for innovations in ambulatory monitoring, wearable technologies for cognitive assessment, and innovative power sources for wearable monitors. Proposals are also welcome for new concepts to advance mobile human monitoring and diagnostic capabilities. Projects will be awarded with cash budgets ranging from $500,000 to $2 million. The RFP is funded by the U.S. Air Force Research Laboratory (AFRL).
(Source: SEMI)
24.9.2020
Most Expensive Property Market - Hong Kong $1.23 Million Per Property
Most of the global residential property market was enjoying a rosy outlook for the rest of the year before COVID-19 shrouded the world in a blanket of uncertainty. As of the halfway point in the year, the average residential property in Hong Kong (HK) is the most expensive in the world, with an average of $1.23 M per property. This is according to data presented by Stockapps.com which also outlines the global rental market for 2019 and 2020, key indicators that are important when it comes to better understanding the effects of COVID-19 on the global residential property market. Despite the effects of COVID-19 and the much publicised social unrest in HK, the city-state is listed as the most expensive place to get a residential property with a staggering average price of $1.23M per property. This puts it well above the 2nd most expensive city Munich, which has an average property price of $1M, a substantial quarter of a million dollars more.
(Source: stockapps.com)
23.9.2020
Klaus Schäfer appointed to the German National Hydrogen Council
The German Federal Government has appointed Dr. Klaus Schäfer, Chief Technology Officer (CTO) of Covestro, to the National Hydrogen Council. He is representing the chemical industry in Germany as an expert. For the chemical industry and Covestro, hydrogen is an important building block on the road to climate neutrality and the development towards a circular economy. In its Roadmap 2050, the German chemical industry has charted the sector’s path to CO? neutrality. The production and use of climate-friendly hydrogen for the manufacture of chemical products plays a pivotal role in this strategy. Covestro is also pursuing the goal of completely aligning itself with the circular economy. Here too, hydrogen is of great importance as an energy carrier and alternative raw material. As one of the world's largest manufacturers of materials, Covestro has been an innovation leader for decades in the field of electrochemistry, which produces important feedstocks for plastics production.
(Source: Covestro AG )
23.9.2020
LABVOLUTION in May 2021: The Ideal Time for a New Start
LABVOLUTION is preparing for the time following the peak of the Corona crisis. The desire for direct exchange is growing. This is exactly what the trade fair for the smart laboratory from May 4 to 6, 2021 in Hanover will make possible - with news, know-how and networking, but also with a well thought-out safety and hygiene concept. Out of consideration for the current slowdown in decision-making processes, LABVOLUTION is extending its discounts for early bookings. Virtual is not enough. This becomes more and more apparent, even though the many digital formats are a suitable way to stay in touch during the current pandemic situation. Corona has temporarily paralyzed the trade fair business. But just now it gets obvious: Trade fairs are missed. Luckily, LABVOLUTION can take place next year at the beginning of May, when the critical winter months are over and a vaccine has become more realistic. "The few real encounters these days show us: Nothing can replace direct exchange," says Bernd Heinold, LABVOLUTION project director of the Deutsche Messe AG team.
(Source: Deutsche Messe AG)
23.9.2020
Arburg Opens ATC Pinghu in China
With a market presence dating back 28 years, Arburg has been investing in China continuously and has earned itself a reputation for excellent product quality and service. On 18 September 2020, some 550 invited guests were in attendance for the official inauguration of the Arburg Technology Center (ATC) in Pinghu. 7,700 participants watched the event online. The official opening of the new location followed an open house ceremony featuring fascinating speeches and presentations of innovative applications and processes. “The ATC in Pinghu marks a significant milestone for Arburg’s presence in China, where we now have four locations,” said Gerhard Boehm, Managing Director Sales at Arburg. Due to the ongoing travel restrictions arising from the coronavirus situation, he gave his address on behalf of the parent company via video message: “By investing in the new location we are demonstrating our unwavering commitment to keeping our market promise even in difficult times. Now more than ever, ‘Wir sind da’ – for you, our customers.”
(Source: ARBURG GmbH + Co KG)
22.9.2020
AIRBUS Reveals New Zero-emission Concept Aircraft
Airbus has revealed three concepts for the world's first zero-emission commercial aircraft which could enter service by 2035. These concepts each represent a different approach to achieving zero-emission flight, exploring various technology pathways and aerodynamic configurations in order to support the Company's ambition of leading the way in the decarbonisation of the entire aviation industry. The full report can be found in our section "Fair Messages".
(Source: AIRBUS)
22.9.2020
Technology Days 2021: "ARBURG we are there"
The Arburg Technology Days have been a unique and firmly established event in the international world of plastics since 1999. In 2020, due to the coronavirus and with significant foresight at the time, Arburg cancelled the event to avoid exposing visitors and employees to risk. “Wir sind da.” will be our motto once again next year. Arburg has already decided to host next year’s Technology Days in the summer of 2021, from 9 to 12 June, rather than in the spring. “Welcoming around 6,000 visitors every year, the Technology Days are a hallmark that Arburg is famous for all over the world,” explains Juliane Hehl, who is responsible for the Marketing department in her role as Managing Partner. Arburg certainly does not intend to abandon this tradition and its concept of combining live technology with personal contact, which has now been proving successful for more than 20 years.
(Source: ARBURG GmbH + Co KG)
22.9.2020
SEMICON Taiwan 2020 Hybrid Opens With Green Manufacturing
SEMICON Taiwan 2020 Hybrid opens tomorrow with advanced, smart and green manufacturing in the spotlight on-site and online as industry visionaries and experts gather for the latest market trends, business opportunities and innovations across the semiconductor supply chain. The first hybrid SEMICON ever, the September 23-25 exhibition at the Taipei Nangang Exhibition Center, Hall 1 (TaiNEX 1), will feature a virtual platform with an exposition hall, live streaming forums, networking opportunities and virtual reality (VR) technology offering an immersive online experience accessible around the world. SEMICON Taiwan 2020 registration is open. Entering its 25th year, SEMICON Taiwan features 15 theme pavilions and innovation zones as well as 19 international forums as in-show experience. For the first time, Smart Manufacturing Taiwan, Compound Semiconductor Innovation Zone, Heterogeneous Integration Innovation Zone, and Smart Workforce Pavilion will go virtual.
(Source: SEMICON)
22.9.2020
Lufthansa Supervisory Boardextends Contract of Harry Hohmeister Ahead of Schedule
The supervisory board of Deutsche Lufthansa AG decided in a meeting today to extend the contract with Harry Hohmeister(56) ahead of schedule forthree more years until 30 June 2024.The Chairman of the Supervisory Board of Deutsche Lufthansa AG, Dr. Karl-Ludwig Kley, says:“Harry Hohmeister’s vast experience and expertise are more important than ever in these times of great challenges. He hastheconfidence of the Supervisory Board and we are delighted that he will continue his successful work withinthe Executive Board.”Harry Hohmeister has been a member of the Executive Board of Deutsche Lufthansa AG since July 2013. He is in charge of the Executive Board department "Commercial Passenger Airlines" and is responsible for the coordination of Network Planning, Revenue Management, Distributionand Sales for allpassenger airlines in the Lufthansa Group.
(Source: Deutsche Lufthansa AG)
18.9.2020
BASF Venture Capital Iinvests in Leading Industrial Artificial Intelligence Company IntelliSense.io
IntelliSense.io and BASF Venture Capital (BVC) today announced that BVC is leading a strategic investment round in IntelliSense.io with follow-on participation from a group of U.K.-based technology angel investors including Dr. Steve Garnett and Stephen Kelly. IntelliSense.io is a leading provider of AI-based solutions for the global mining industry. Its customers include mining majors and diversified mining groups. To extract metals from the mined ores, mining companies must overcome two main challenges: First, today’s known ore deposits are increasingly difficult to mine, with declining ore grades and greater environmental challenges. Second, the composition of the orebody is not known with high accuracy. This variability impacts operational conditions and control, as well as plant performance and throughput. This is where IntelliSense.io’s technology comes in. IntelliSense.io has combined the disciplines of mining expertise with software engineering and data science, enabling products to be designed by industry experts for end-users in the mining industry.
(Source: BASF)
18.9.2020
Setting the Course for GaLaBau 2022 and Beyond
NürnbergMesse and the Federal Association of Horticulture, Landscaping and Sports Facilities (Bundesverband Garten-, Landschafts- und Sportplatzbau, BGL) are sending out a strong signal in these unusual times by extending their collaboration for the two-yearly GaLaBau, Leading International Trade Fair for the Planning, Construction and Maintenance of Urban Green and Open Spaces, Sports Fields, Golf Courses and Playground Design, to include a further five events. This means they will continue working together until at least 2030. At the same time, the initial plans and objectives have been announced for GaLaBau 2022, which will be held in the Exhibition Centre Nuremberg from 14 to 17 September 2022. Preparations for this next green family gathering are already in full swing. And things are still happening in Nuremberg for the original dates scheduled for GaLaBau 2020, with smaller gatherings for the green sector to be held both on-site and online.
(Source: NürnbergMesse)
18.9.2020
North American Semiconductor Equipment Industry Posts August 2020 Billings
North America-based manufacturers of semiconductor equipment posted $2.65 billion in billings worldwide in August 2020 (three-month average basis), according to the August Equipment Market Data Subscription (EMDS) Billings Report published today by SEMI. The billings figure is 3.0 percent higher than the final July 2020 level of $2.57 billion, and is 32.5 percent higher than the August 2019 billings level of $2.00 billion. “August billings of North America-based semiconductor equipment manufacturers demonstrate solid performance and strong year-over-year growth,” said Ajit Manocha, SEMI president and CEO. “Semiconductor equipment demand remains robust despite supply chain uncertainties and new regulatory constraints.” The SEMI Billings report uses three-month moving averages of worldwide billings for North American-based semiconductor equipment manufacturers. Billings figures are in millions of U.S. dollars.
(Source: SEMI)
17.9.2020
Trina Solar Completes Acquisition of Spanish Solar Tracker System Manufacturer Nclave
Trina Solar Co., Ltd. a leading global PV and smart energy total solution provider, today announced its acquisition of the remaining 49% equity in Nclave Renewable S.L. (“Nclave”) to make Nclave a wholly-owned subsidiary of Trina Solar. Back in May of 2018, Trina Solar acquired a 51% stake in Nclave and became the first Chinese photovoltaic company to acquire an overseas solar tracker system company. The acquisition of the remaining equity is an important strategic deployment for Trina Solar, and will further enhance the company’s comprehensive market competitiveness. The Nclave smart tracker is one of the core hardware products in Trina Solar’s one-stop smart photovoltaic solution, TrinaPro. Launched in 2018, TrinaPro provides comprehensive solutions for owners and developers by offering project design and engineering services that meet the owners’ needs for integrated delivery.
(Source: Trina Solar Co., Ltd)
17.9.2020
The First Online Edition of EU PVSEC Reports a Huge Positive Outcome
The topics and discussions of the 37th edition of the European PV Solar Energy Conference and Exhibition have shown once again that a sustainable energy supply is becoming ever more important. New challenges lie ahead of us, but with initiatives like the Green Deal, there is hope for Europe. Here are a few impressions of one week full of discussions and presentations about PV and its future potential. The EU PVSEC 2020 comprised a vast scope of different PV topics. We have learned about advances ranging from solar cells in a range of technologies to applications and economics. Wafer-based silicon cells, the workhorse of the PV industry, continue to improve in manufacturing and efficiency, e.g. PERX, TOPCon, SHJ, Bifacial. From a European perspective it was a boost to hear of the 25% efficiency European record SHJ cell. A very comprehensive overview of OPV indicated the clear progress being made, and records in OPV efficiency were announced. Perovskites continue to progress, also as an element of tandem devices. There is also more attention to encapsulate perovskite cells and modules, allowing the field to move towards testing efficient devices under outdoor conditions.
(Source: WIP)
16.9.2020
CARAVAN SALON 2020: Passionate Event Charted for Success
This year’s CARAVAN SALON DÜSSELDORF has provided impressive proof that caravanning as a way of holidaymaking inspires people and that trade fairs can be held successfully even in Corona times. Messe Düsseldorf and the Caravaning Industrie Verband e. V. (CIVD) can look back on very positive results. "With 107,000 visitors the CARAVAN SALON sends an important signal for the entire trade fair industry in Germany and Europe. The world's most important trade fair for caravanning convinced with its well thought-out hygiene and infection protection concept", rejoices Erhard Wienkamp, Managing Director Messe Düsseldorf. “The whole team at Messe Düsseldorf and CIVD as well as all employees of our exhibitors turned this trade fair into a fantastic experience with great commitment and lots of passion – this passion for mobile leisure was omnipresent over the past ten days”, says Wienkamp. The mood at the fairground has been excellent. Just as positive, he adds, is the fact that more and more newbies as well as many young families have visited the caravanning trade fair.
(Source: Messe Düsseldorf)
16.9.2020
Lufthansa is Consistently Pursuing its Tourism Strategy
Lufthansa is consistently expanding its offering of flights to tourist and leisure destinations fromFrankfurt.During next year’s summer Season in 202115 new sunny destinations, which are highly attractive for holidaymakers, are now availa-ble for booking. The focus is on Greece (Corfu, Chania/Crete, Mykonos, Kos, Ka-vala/Thrace and Preveza/Peloponnese). Other attractive destinations in the pro-gram are in Spain (Jerez de la Frontera, Canary Islandsand Tenerife will be contin-ued from winter), Egypt (Hurghada), Cyprus (Paphos), Croatia (Rijeka), Italy (Lame-zia Terme), Tunisia (Djerba) and Bulgaria (Varna). The departure and arrival times of the new destinations are ideal for holidaymak-ers:Departures from Frankfurt were scheduled for the early morninghoursand re-turn flights to the Frankfurt Main metropolis in the evening. "Never before have we included so many new vacation destinations in our pro-gram. This is our response to the wishes of our customers. The demand for vaca-tion and leisure trips is recovering much faster than that for business trips. With Lufthansa, we already have a greatand longstandingdeal of expertise in tourist of-fers and we are now resolutely expanding this as part of our strategy," says Harry Hohmeister, member of the Executive Board of Deutsche Lufthansa AG.
(Source: Deutsche Lufthansa AG)
11.9.2020
Positive Trend in Exhibitor Numbers at the PARKEN 2021
From 23-24 June 2021, Germany's one and only platform for future-oriented solutions in stationary traffic will take place in Wiesbaden. Industry leaders and innovative start-ups will present current topics and products from car park renovation to smart mobility apps. After an almost trade fair-free year in 2020, the parking industry is highly motivated to present its product innovations to the specialized trade visitors in person next June: More than nine months before the start of the exhibition, 35 companies have already joined the PARKEN exhibitor list. This represents an increase of 29% compared to the same time in the last year of the event. Among the registered companies are well-known key players such as EasyPark, GOLDBECK, Nagels Druck, ParkNow and SKIDATA.
(Source: MESAGO Messe Frankfurt)
11.9.2020
BASF and 2M Group Donate Sanitizer in the North East of England
Working with partner 2M Group, BASF in the UK has donated 5 tonnes of hand sanitizer for use in schools, care homes, local councils and the NHS in the North East of England. The sanitizing product will help meet the increased demands needed to safely combat the COVID-19 pandemic. “When we learned of the supply shortage of disinfectant, we wanted to help,” said Scott Robinson, from BASF plc. “I‘m really proud of the team work and cross company collaboration that has made this possible.“ “Chemistry is our DNA and we are delighted to work with BASF is using our expertise to help the UK’s amazing front line staff stay safe” said Mottie Kessler MBE, Chairman & CEO of 2M Group. BASF is temporarily producing hand sanitizer at several of its facilities across Europe and is continuing to try and support in the current situation.
(Source: BASF SE)
11.9.2020
Solar Quality 2020 is going digital!
As health and safety of our attendees and partners is our top priority, we would like to announce that Solar Quality 2020 will be held online on 24-26 November. Solar Quality 2020 is the new name for our market leading O&M and Asset Management conference, which has been run for the past four years. We have rebranded the event in order to expand the scope and bring together experts from the fields of O&M, Asset Management and EPC to advance the long-term quality of Europe’s solar power assets. So, wherever your business sits in the solar-power value chain, this is your must-attend event of the year.
(Source: SolarPower Europe)
10.9.2020
Kaeser Kompressoren Introduces "i.Comp " Compressor
Premium quality for trades and workshops: the new i.Comp from Kaeser Kompressoren tirelessly delivers oil-free compressed air wherever it’s needed. Durable, powerful, compact, easy to handle, maintenance-friendly, efficient and much more – the new i.Comp is a mobile, infinitely-adjustable reciprocating compressor manufactured to the highest industrial quality standards for which Kaeser is world-renowned. It’s 100% Made in Germany and can be taken anywhere. This versatile trades and workshop compressor is suitable for continuous operation and, thanks to its variable-speed motor, delivers outstanding efficiency – with no need for an air receiver. Even at cable lengths of 150 metres, it operates flawlessly and delivers constant pressure up to 11 bar, with absolute operational reliability. Furthermore, the tried-and-tested Kaeser controller provides pressure preset and infinitely-variable speed capability.
(Source: Kaeser Kompressoren)
10.9.2020
DeburringEXPO Takes Place in Karlsruhe
International Meeting Place for Deburring Technologies and Precision Surface Finishing
Markets, supply chains, manufacturing technologies and processes are changing. Entire sectors are realigning themselves. This transformation is making it more and more important for companies to demonstrate presence, and to function as solution providers. Where deburring and the production of precision surface finishes are concerned, there’s no getting round DeburringEXPO. The 4th leading trade fair for deburring technology and precision surface finishing will be held at the Karlsruhe Exhibition Centre from the 12th through the 14th of October, 2021. The exhibition portfolio covers the processing of components manufactured by means of all technologies, and from all industry sectors. The expert forum, which is in great demand as a source of knowledge, rounds out the exhibition programme with highly practical, simultaneously interpreted presentations (German <> English).
(Source: fairXperts GmbH & Co. KG)
10.9.2020
Meyer Burger Divests Muegge GmbH
Meyer Burger Technology Ltd announces today the sale of its microwave and plasma technology company Muegge GmbH, headquartered in Reichelsheim (GE), to the direct investment company HQ Equita. HQ Equita will acquire all of Muegge GmbH's business divisions including its subsidiary Gerling Applied Engineering Inc. based in Modesto CA, USA, as well as its approximately 100 employees. Both companies signed a contract to this effect on 7 August 2020. This is subject to customary market conditions and must still be approved by the authorities in Germany. The transaction is expected to be completed towards the end of September 2020. Meyer Burger expects a cash inflow of approximately CHF 24 million and a book profit of approximately CHF 4 million from the transaction. The contract additionally includes an earn-out of CHF 2.5 million in 2022 based on agreed financial targets in 2021. The divestment of Muegge GmbH was already anticipated in the communicated guidance to achieve annual sales of CHF 400 million - CHF 450 million and an EBITDA margin of 25% - 30% within three years.
(Source: Meyer Burger Technology Ltd.)
9.9.2020
ESOF 2020 Hybrid Format was Huge Hit
ESOF2020 Trieste won its bet. The presence of Italian Prime Minister Giuseppe Conte sealed the success of the extraordinary organisational challenge and gave the Trieste System international fame. “ESOF 2020 has provided an innovative hybrid organisational model, something that should not be taken for granted. On top of that I would like to highlight the scientific relevance of the discussions made in the past days,” says Stefano Fantoni, ESOF2020 Champion. “I really hope my call to create an international institute on sustainability, based in part on the ideas heard in these days, will be answered,” he adds. “Among those sessions that struck a chord the most, there were the one that dealt with how agronomic innovation can contribute to mitigating climate change, and the one on how powerful supercomputers can help to find new strategic solutions for sustainable development, including those based on artificial intelligence. Finally, yesterday we talked a lot about quantum technology”.
(Source: EuroScience)
9.9.2020
Fraunhofer ILT: More Flexible Battery Design with Ultrafast Laser Ablation
The ultrashort pulse (USP) laser has been known to shine whenever highly sensitive material needs to be machined quickly yet gently. The Fraunhofer Institute for Laser Technology ILT has investigated one such application that certainly looks to have a bright future: The Aachen-based researchers developed a quick, reliable and nondestructive method of ablating lithium-ion batteries’ anode material with an ultrashort pulsed laser beam. This ablation technique exposes electrical contact points called tabs. Lithium-ion batteries are not only essential to electric vehicles; they also power consumer electronic devices such as tablets and smartphones. Manufacturing a wide variety of battery formats on a single production line poses a great technical challenge for battery vendors; even more so now that this has to be done more productively than ever before. Coating the metallic substrate foil with active material is a key step in this production process. This coating is a wafer-thin layer of paste applied to copper or aluminum foil that is just a few micrometers thick. Designated areas of the metal foil have to remain uncoated to provide an electrical contact for the electrodes. The coating process has to be interrupted and restarted repeatedly to create these tabs.
(Source: Fraunhofer ILT)
9.9.2020
SEMI: COVID-19 Drives Rise in Global Fab Equipment Spending
Soaring pandemic-inspired demand for chips that power everything from communications and IT infrastructures to personal computing, gaming and healthcare electronics will drive an 8% increase in global fab equipment spending in 2020 and a 13% increase in 2021, SEMI announced today in its World Fab Forecast report. Rising demand for semiconductors for datacenter infrastructures and server storage along with the buildup of safety stock as U.S.-China trade tensions intensify are also contributing to this year’s growth. The bullish trend for overall fab equipment investments comes as the semiconductor industry recovers from a 9% decline in fab spending in 2019 and navigates a roller-coaster 2020 with actual and projected spending drops in the first and third quarters mixed with second- and fourth-quarter increases. See figure below.
(Source: SEMI)
8.9.2020
Roland Bleinroth elected to AUMA Executive Board
Roland Bleinroth, CEO of Messe Stuttgart, is now a member of the AUMA Executive Board (Association of the German Trade Fair Industry), having been elected to the board in June of this year during its annual general meeting. Also newly elected to the AUMA Executive Board were Wolfram N. Diener, designated Chairman of the Board at Messe Düsseldorf GmbH, Hans Peter Wollseifer, President of the German Confederation of Skilled Crafts (ZDH), and Hans-Günter Trockels, Managing Director of Kuchenmeister GmbH in Soest. Dr. Isabella-Afra Holst, Senior Vice President at Software AG, and Gerald Böse, Chairman of the Board at Koelnmesse GmbH, were among those reelected.
(Source: Messe Stuttgart)
8.9.2020
ASIA FRUIT LOGISTICA is ON this November
ASIA FRUIT LOGISTICA is pivoting to an exciting new digital format in November 2020. It’s called ASIA FRUIT LOGISTICA ON and it’s the place where Asia’s fresh produce business meets online. It will give thousands of exhibitors and visitors the best platform for them to connect, do business and to continue to grow their business in Asia this season. “ASIA FRUIT LOGISTICA ON has arisen out of the of COVID-19 challenge,” explains Will Wollbold commercial director of ASIA FRUIT LOGISTICA. “Especially after the past months, you will know that there’s a solution for every problem in business, and ASIA FRUIT LOGISTICA ON is our solution for you to achieve your business goals in Asia. It has become clear now that we can’t host our physical event in Singapore in November, so we’re working hard with a specialist software company based in Asia to develop ASIA FRUIT LOGISTICA ON as a digital alternative.”
(Source: Messe Berlin)
8.9.2020
drupa: New Digital Platform for Knowledge Transfer and Networking
drupa extends its digital offering: starting in October the online platform drupa preview will offer exhibitors and visitors an additional channel for touching base with the sector, discussing trending themes and presenting product portfolios. The portal will consist of the content formats “Conference”, “Exhibition” as well as “Networking” and will bring the community together. The drupa preview thus enables continuous exchange of information until the hybrid trade fair in April 2021, which will combine the on-site event with additional digital content. In the “Conference Area” users will find lectures, videos and interviews – providing a preview of drupa 2021. It will reflect the agenda in terms of content and the knowledge transfer that drupa stands for. On fixed days and times interested parties can take part in the web sessions free of charge and chat with the speakers. Afterwards the videos will be available on demand.
(Quelle: Messe Düsseldorf)
7.9.2020
Successful re-start for Koelnmesse in China
Suspense and great anticipation accompanied the launch of the first Koelnmesse event since the coronavirus crisis began: interzum guangzhou in China (27 to 30 July 2020) demonstrated that trade fairs with strict hygiene rules in place and a limited number of admissions - in the food-service areas, for example - are possible in spite of the pandemic and can result in a good commercial outcome. 'The international participation was good and in keeping with the circumstances; thanks to digital business matchmaking, exhibitors were also able to reach visitors who were unable to travel to the event', according to Gerald Böse, President and Chief Executive Officer of Koelnmesse. 'This corroborates our efforts to begin hosting trade fairs again in our halls in Cologne as soon as possible. The success of interzum guangzhou encourages us to set the course for this outcome, together with our customers.'
(Source: Koelnmesse GmbH)
7.9.2020
CARAVAN SALON 2020 Attracts some 350 Exhibitors
Ten days before the trade fair begins, Messe Düsseldorf Director Erhard Wienkamp summarises the expectations about CARAVAN SALON 2020: “CARAVAN SALON will be the meeting point of the industry in 2020 as well. From September 4 to 13 in Düsseldorf, around 350 exhibitors and their top brands will show how a comprehensive hygiene concept can make trade fairs successful even in these times.” The trade fair organisation company from Düsseldorf has developed a concept with the motto “PROTaction”, that has been agreed with the authorities responsible and complies with the regulations that have to be observed in North Rhine-Westphalia. This concept makes it possible for exhibitors on their stands and visitors to the fair to plan a safe stay on the exhibition site. The specific measures taken can be found on the website www.caravan-salon.de.
(Source: Messe Düsseldorf)
7.9.2020
Trina Solar Reports 245.81% Year-on-Year Growth in Net Profits in 2020 Half-Year Results
Trina Solar Co., Ltd. a leading global PV and smart energy total solution provider, has published its half-year financial report for 2020. It shows a sharp increase in sales of PV products and PV systems, which the Company attributes to its years of operational experience and effective risk control mechanisms. Total revenue for the first six months of 2020 reaches RMB 12.55 billion, a year-on-year increase of 16.56%, while net profits – belonging to shareholders of the listed company – hit RMB 493 million, up 245.81% from the previous year. Jifan Gao, chairman and CEO of Trina Solar, pointed out that Trina Solar and other leading global PV companies had achieved growth despite the global economic downturn brought about by Covid-19 in the first half of the year. “The Chinese PV industry continues to grow in leaps and bounds as we enter the ultra-high-efficiency era,” he said. “Companies with outstanding sustainable development capabilities and those who are leaders in the global PV market are thriving.
(Source: Trina Solar)
4.9.2020
SMM 2021: “Together we Will Overcome this Crisis”
World trade has suffered a severe blow. Shipyards are sitting idle, and SMM, the leading international maritime trade fair, had to be rescheduled: The economic consequences of the coronavirus pandemic have sent shock waves through the shipping industry. How will shipowners, yards and suppliers find their way out of the crisis? Will the virus change their business forever? A market overview. The Covid-19 pandemic has turned the world economy on its head. “The recession this year will likely be more severe, and recovery in 2021 will be slower than we anticipated two months ago,” says Gita Gopinath, chief economist at the International Monetary Fund (IWF). She believes the global economy will shrink by nearly five per cent. The maritime industry will be hit especially hard: The global lockdown disrupted major supply chains. Maersk, the industry leader, saw container transports decrease by at least 15 per cent during the second quarter. SMM did not escape the effects of the coronavirus either: Holding an event with more than 2,000 exhibitors and around 50,000 visitors as early as September was simply inconceivable. The leading international maritime trade fair had to be rescheduled for 2 to 5 February 2021.
(Source: Hamburg Messe und Kongress GmbH)
4.9.2020
IFA 2020 Special Edition: A Sign that ‘Tech is Back’
IFA, gfu and GfK have opened the IFA 2020 Special Edition expressing their confidence that the tech industry is ready to bounce back from the disruption and economic uncertainties of the pandemic. They were addressing the IFA Global Press Conference, speaking to international media who have come to Berlin and thousands others around the world who were following the event at the IFA Xtended Space, both live and on demand. Jens Heithecker, Executive Director IFA Berlin, highlighted the significance and symbolism of this year's industry gathering in Berlin: "When it comes to doing business, nothing beats the personal connection. This is why having IFA 2020 as a real-life event is such an important sign. It is a symbol to show that together we can look beyond the pandemic and its consequences. There is a normal ahead, and now it is up to industry, retailers, media and consumers to build and shape the 'normal' that is going to emerge."
(Source: Messe Berlin)
4.9.2020
The First Online Edition of EU PVSEC will Start on Monday
The 37th European Photovoltaic Solar Energy Conference and Exhibition will start on Monday with the Opening Session, streamed live and free of charge via the EU PVSEC YouTube channel. The scientists will kick off with presentations on perovskite photovoltaics, intermediate band solar cells and high-performance organic photovoltaics. Afterwards, Professor of Physics Henry J. Snaith from the University of Oxford will be awarded with the Becquerel Prize for his ground-breaking work on solar cells based on organic-inorganic metal halide perovskites. Prof. Nicola Pearsall will address the conference speakers at the Opening Session which includes a presentation by Elias de Keyser, Next Kraftwerke, titled “Virtual Power Plants for the transition to 100% renewable”. He will explain how a visionary business idea became one of the largest virtual power plants in Europe. Following his presentation, a panel of CEO´s, Chairs and Directors from SolarPower Europe, Meyer Burger, AEM S.A. and the European Technology and Innovation Platform for Photovoltaics will discuss the role of PV in the Green Deal and the EU Recovery Package.
(Source: EU PVSEC)
3.9.2020
Messe Düsseldorf Departs Into a Hybrid Trade Fair Autumn
Messe Düsseldorf clearly steps up its digital offensive: under the buzzword “Hybrid Trade Fair” it extends and optimises its digital service portfolio, establishes new virtual events – thereby reinforcing the hybrid character of its leading international trade fairs. Hybrid trade fairs are a mixture of the physical event on site and digital content. This move consolidates the pole position of Düsseldorf’s leading global trade fairs as central communication and information platforms for their respective industries – both during the trade fair opening hours and throughout the entire year. Along these lines the leading international trade fairs glasstec and drupa will serve up new virtual events in October that will get their communities in the mood for the industry get-togethers in 2021 in Düsseldorf. Other Düsseldorf No. 1 events as well as guest events are also set to massively extend their digital ranges.
(Source: Messe Düsseldorf)
3.9.2020
CARAVAN SALON 2020 Attracts some 350 Exhibitors
Ten days before the trade fair begins, Messe Düsseldorf Director Erhard Wienkamp summarises the expectations about CARAVAN SALON 2020: “CARAVAN SALON will be the meeting point of the industry in 2020 as well. From September 4 to 13 in Düsseldorf, around 350 exhibitors and their top brands will show how a comprehensive hygiene concept can make trade fairs successful even in these times.” The trade fair organisation company from Düsseldorf has developed a concept with the motto “PROTaction”, that has been agreed with the authorities responsible and complies with the regulations that have to be observed in North Rhine-Westphalia. This concept makes it possible for exhibitors on their stands and visitors to the fair to plan a safe stay on the exhibition site. The specific measures taken can be found on the website www.caravan-salon.de.
(Source: Messe Düsseldorf)
3.9.2020
Art Basel Announces the Cancellation of its Miami Beach Fair
Given the current situation regarding the pandemic's impact, which spans from South Florida to other parts of the country and the world; limitations and uncertainty about the staging of large-scale events; international travel restrictions and bans, as well as quarantine regulations within the United States and internationally, alongside other factors, Art Basel has no other option but to cancel the 2020 edition of Art Basel in Miami Beach. Art Basel in Miami Beach was scheduled to take place from December 3 to December 6, 2020 at the Miami Beach Convention Center. The full report can be found in our section "Fair Messages".
(Source: MCH Swiss Exhibition [Basel] Ltd.)
1.9.2020
New Dates Announced for Stone+tec 2021
Good news for the stone industry: a new date has been set for Stone tec, the key meeting point for the stone industry in Central Europe that offers a comprehensive range of products and services for all aspects of natural stone used in construction, gravestones, monuments and design. In consultation with the advisory board, NürnbergMesse is announcing that the next International Trade Fair for Natural Stone and Stone Technology will be held at the Exhibition Centre Nuremberg from 12 to 15 May 2021. Plans are now in progress for a successful event next year.
(Source: NürnbergMesse)
1.9.2020
International Green Week 2021 will be an Exclusive B2B Event
Messe Berlin will place the emphasis on trade visitors at upcoming events, and in doing so will aim to maintain the core functions of trade fairs for individual industries even under Covid-19 conditions. This also means that due to the coronavirus the upcoming 86th edition of the International Green Week will be an exclusive B2B event without the general public. “With our trade fairs we want to continue to offer the companies from the many sectors we have been working with for many years a platform where they can engage in a dialogue. We will be developing individual concepts for each sector. Our focus will be on B2B business in for the time being“, said CEO Dr. Christian Göke. The International Green Week traditionally kicks off Messe Berlin events in the new year. In January of this year Messe Berlin welcomed around 400,000 visitors to the trade fair and conferences of the 85th International Green Week. “Under the current circumstances and as responsible hosts, it is impossible for us to hold a trade fair of this size and comply with the necessary distancing and hygiene regulations.
(Source: Messe Berlin)
1.9.2020
SPS 2020 Goes All-Virtual
“We’re very disappointed to have to cancel this year’s SPS event in Nuremberg,” says Martin Roschkowski, President of Mesago Messe Frankfurt GmbH. “Early this summer, all signs were pointing in the right direction and we were all but certain that the exhibition would go ahead in November. The safety and hygiene concept we had put together at the time was well received and developed further by many people involved in the SPS. For us, it was another example of how well the SPS community works together, and our sincere thanks go out to all those who pitched in.” The full report can befound in our Section "Trade Fairs 2020, SPS 2020".
(Source: Mesago Messe Frankfurt)
28.8.2020
gamescom 2020 Launches with Several Political Guests of Honour
gamescom 2020 has officially started. A large number of political guests took part in the political opening, which, like the rest of gamescom, was held exclusively online because of the COVID-19 pandemic. Andreas Scheuer, Federal Minister of Transport and Digital Infrastructure, visited Yager, the Berlin game developer and winner of ‘Best Studio’ title in this year’s German Computer Games Awards, to get a picture of game development in Germany. He took advantage of his visit to announce the start of the major games fund. Information about the funding programme will be available at the developers conference devcom, which is taking place now, before the programme launches at the end of September. In line with the gamescom trend ‘Games at school’, Minister of State for Digitalisation Dorothee Bär was given a demonstration in the chancellor’s office of two innovative serious games from HTW Berlin that help teach chemistry and electrical engineering. In her message, Bär made it clear that she wants to be a stronger advocate for the use of games in schools. North Rhine-Westphalian Minister-President Armin Laschet invited Jörg Adami, Managing Director of the esports player foundation (epf), and esports player Armin ‘Kaymin’ Kaymer to his state chancellor’s office.
(Source: game – Verband der deutschen Games-Branche e.V.)
28.8.2020
Change in the Supervisory Board of Deutsche Lufthansa AG
It is agreed, among other things, within the stabilization package of the Economic Stabilisation Fund (WSF) of the Federal Republic of Germany for Deutsche Lufthansa AG, that the Federal Government may appoint two members to the Supervisory Board of the Company inits role as shareholder. This part of the agreement has now been completed with the appointment of Angela Titzrath and Michael Kerkloh. Angela Titzrath and Michael Kerkloh will soon be appointed as new members of the Supervisory Board by courtorder. As agreed, the Chairman of the Supervisory Board of Deutsche Lufthansa AG, Karl-Ludwig Kley, had the right to propose new members and the German goverment confirmed the nominations. In order to enable the appointment of two new members, the current Supervisory Board members Monika Ribar and Martin Koehler are resigning from their positions with immediate effect. Monika Ribar has been a member of the Supervisory Boardof Deutsche Lufthansa AG since 2014. Martin Koehler is the longest-serving member of the Supervisory Board, which he joined in 2010. Histerm would have ended in 2023 without him being eligible for reelection.
(Source: Deutsche Lufthansa AG)
28.8.2020
Covestro: Design Variety in the Car Interior of the Future
New drive systems, increased connectivity and the trend towards ridesharing are all contributing to the fact that the car of the future will become a mobile, multifunctional living and working space. This also has a strong impact on the design of the interior. Here, the spotlight is placed on functionality, comfort and design along with efficiency and light weight. To meet these requirements, Covestro and its partners have developed a premium concept with material solutions for the interior and presented it for the first time at the K 2019 plastics fair. “In particular, a high-quality and individual design has considerable influence on consumers' buying decisions while providing car manufacturers opportunities for brand differentiation,” explained Jochen Hardt, Global Marketing Mobility in the Polycarbonates segment at Covestro, in a live webcast to journalists. “Here, the focus is on the design of surfaces using colors, optics and haptics, with light effects and functions. Products from Covestro open up almost unlimited possibilities.”
(Source: Covestro Deutschland AG)
25.8.2020
Lufthansa Group Restricts Exceptions from Compulsory Masks
Flying without mask only with a medical certificate and negative Covid-19 test The airlines of the Lufthansa Group are restricting the exceptions from the obligation to wear a mask on board their flights. From 1 September 2020, an exemption from the obligation to wear a mask during the flight for medical reasons will only be possible if a medical certificate is presented on a form provided by the airline. Passengers can download the document from the airlines' websites. In addition, passengers who are unable to wear a mask during the flight must present a negative
covid-19 test, which is not older than 48 hours at the scheduled begin of the journey. This ensures maximum safety for the passengers travelling with them. As of today, passengers will be comprehensively informed about the new requirements, including on the airlines' websites and social media channels, as well as via e-mail and via SMS. This is intended to give customers the opportunity to adapt to the changed rules in good time.
(Source: Deutsche Lufthansa AG)
25.8.2020
BIOFACH CHINA: Successful restart of trade fairs in China
The coronavirus is continuing to define public life and is also having a major impact on the international trade fair industry. BIOFACH World is also feeling the effects, which differ from country to country. But slowly, there is some light at the end of the tunnel. July 2020 saw the first trade fairs taking place in China again, including the combined BIOFACH CHINA and NATURAL EXPO CHINA event. And in Germany and many other countries, trade fairs are being allowed to take place again as of September, subject to stringent safety and hygiene standards. As a result, BIOFACH in Nuremberg, the world’s leading trade fair for organic food, is also looking confidently towards the pairing of BIOFACH and VIVANESS in February 2021.
(Source: NürnbergMesse)
25.8.2020
SEMI Statement on New U.S. Export Control Regulations
SEMI, the industry association serving the global electronics design and manufacturing supply chain, today released the following statement in response to the new export control rule changes announced by the United States Commerce Department. SEMI recognizes the role of export control measures to address threats to U.S. national security. However, we are very concerned the new export control regulations issued on August 17, 2020, by the U.S. Department of Commerce will ultimately undermine U.S. national security interests by harming the semiconductor industry in the U.S. and creating substantial uncertainty and disruption in the semiconductor supply chain. On July 14, in public comments on the May 15 regulations, SEMI cautioned that those relatively narrow actions created unique disincentives to purchase U.S.-origin semiconductor equipment and design software and had already resulted in $17 million lost sales of U.S-origin items to firms unrelated to Huawei.
(Source: SEMI)
24.8.2020
Lufthansa AG: Over 2.3 Billion Euros in Ticket Costs Reimbursed so Far
In the current year, the airlines in the Lufthansa Group have so far paid out over 2.3 billion euros in refunds to almost 5.4 Mio. customers (as of 16 August 2020). Lufthansa has already paid out around 92 per cent of all refunds from the first half-year. The aim remains to pay out by the end of August the justified claims received by the end of June. In recent weeks, the Lufthansa Group has worked hard to increase its reimbursement capacities significantly. In addition, the processes were adapted to the exceptional situation so that reimbursements can be made more quickly. Beyond that, for example, numerous employees from other departments were activated and released from short-time working.
(Source: Deutsche Lufthansa AG)
24.8.2020
CARAVAN SALON 2020: Exhibitors Announce Over 200 New Products in the Run-up to the trade fair
Be it a German premiere or even a global first – CARAVAN SALON DÜSSELDORF will also rise to its reputation as a launch-pad trade fair for caravans and motorhomes in 2020. In excess of 350 exhibitors will be showcasing a host of innovations in ten halls from 4 to 13 September. The focus here will be on the new recreational vehicles for the model year 2021. Already in the run-up to the trade fair numerous renowned exhibitors have announced their new products. Experience from previous years shows that many other highlights will only be unveiled at the beginning of the trade fair. In this respect visitors to CARAVAN SALON 2020 can expect even more innovations.
(Source: Messe Düsseldorf)
21.8.2020
International Green Week 2021 to Take Place as a B2B Event
The International Green Week is to take place in January 2021 as an exclusive B2B event. The reason for this is the coronavirus pandemic. ”Due to the current situation we are modifying the concept of next year’s International Green Week and focusing on services for trade visitors“, said Lars Jaeger, the head of the Green Week. Since 1926 the International Green Week has been a firm fixture on the industry’s calendar of events. People want to meet and exchange views more than ever in these times, said Lars Jaeger. ”As a vital part of the economy the food and farming sector faces new challenges. The goal is to find solutions together and to shape the future. At the International Green Week 2021 we want to create a platform for agricultural policy dialogue.“
(Source: Messe Berlin)
21.8.2020
Jan Brockmann to Become New Chairman of the Bosch Thermotechnology Division
Jan Brockmann will join the Bosch Group on 1 November 2020 and will take over as Chairman of the Bosch Thermotechnology Division (2019: revenues of EUR 3.6 billion; approx. 14,500 associates) on 1 January 2021. Brockmann is currently Chief Operations and Technology Officer of AB Electrolux, Stockholm, Sweden. He will succeed Uwe Glock, who will change to the Supervisory Board of Bosch Thermotechnik GmbH on 1 January 2021 and will continue to serve as President of the Federation of the German Heating Industry (BDH).
(Source: Robert Bosch GmbH)
21.8.2020
Spexor from Bosch Provides Security to go
According to current crime statistics, people in Germany report around 240 domestic burglaries and almost 600 thefts from vehicles every day (source: Polizeiliche Kriminalstatistik 2019). Especially when it comes to areas that are difficult to secure and monitor, such as attics, laundry rooms, garages, and community gardens, or even caravans and vintage cars, the only security solutions available are often intended exclusively for individual use cases. With Spexor, Bosch has developed a mobile alarm device that people can use flexibly in almost any location and for a wide range of applications. Its powerful battery means the device remains active for several weeks, while software updates ensure it is always up to date. “Our Spexor mobile alarm device is certain to give users peace of mind – whether they’re at home or out and about,” says Dr. Marko Häckel, the head of sales and alliance management for Spexor. He co-developed and brought Spexor to market with Tobias Riedel, the head of product management and engineering. Setting up the device is incredibly simple: just download the app, scan the QR code, and configure Spexor with the app. The device is available in Germany now from the Bosch Smart Home online shop.
(Source: Robert Bosch GmbH)
20.8.2020
Extreme Objects’ by Design Museum Holon
Take a closer look at Design Museum Holon’s current exhibition, State of Extremes, featuring works of contemporary design that tackle our world of extremes. The exhibition’s 5 categories – Spiraling, Extremer, Polarization, New Normals and Extreme Lab – are comprised of installations, objects, speculative proposals and videos, reveal, critique, resist, mitigate and sometimes even exacerbate extremes and the mechanisms that drive them. A contactless world is a notion that is slowly becoming the sad truth of our reality. Compression Cradle is an installation that mechanically, and “affectionately”, swaddles and wraps users to explore the human need for touch in a future when technology has dissociated us from our bodies. In anticipation of devoid of human touch, Compression Cradle is a suggested remedy. The immersive machine squeezes the participant in soft, tactile pads and cushions. The machine has a sequence of aerated volumes, creating the warm embodiment of a hug.
(Source: Design Museum Holon)
20.8.2020
Lufthansa Group: Safe Travel During the Corona Pandemic
Air transport is one of the sectors most affected by the corona pandemic. This makes it even more important to strengthen confidence in flying as a safe form of travel. This is why the Lufthansa Group has signed up to the European Union Aviation Safety Agency (EASA) charter for safe flying under pandemic conditions. In doing so, it has committed itself to the strictest infection protection standards in air travel worldwide. By voluntarily implementing this standard, the Lufthansa Group is underlining that the safety of its passengers and employees as always is of top priority. EASA is establishing guidelines that were developed in cooperation with the European Centre for Disease Prevention and Control (ECDC). The Robert Koch Institute is the German representative of the ECDC network. By involving all member states in cooperation with the ECDC, EASA was able to define the strictest rules of an association of states worldwide. Uniform standards have been established which reduce complexity for the airlines and create reliability and additional safety.
(Source: Deutsche Lufthansa AG)
19.8.2020
ISM 2021: Organic Product Segment Continues to Expand
Organic has been booming for years and has long since become part of the consumer's everyday routine. The Corona pandemic is contributing towards the further growth of the organic segment. According to the Association for Consumer Research (GfK), the demand for organically cultivated food rose significantly more strongly during the first three months of the Corona crisis than the turnover of the food trade as a whole. But also regardless of the Corona pandemic, the organic market continues to grow. According to the Research Institute for Organic Farming (FiBL) and the Agricultural Market Information Association (AMI), the expenditure of private households on organic products has more than doubled since 2010. In 2018, organic foodstuffs to the value of 40.7 billion Euros were sold throughout Europe, 37.4 billion Euros of which in the European Union.
(Source: Koelnmesse GmbH)
19.8.2020
Trina Solar to Add 10GW in Production Capacity of Ultra-high-efficient 210 mm Solar Cells
Trina Solar Co., Ltd. a leading global PV and smart energy total solution provider, has announced that it has signed an investment cooperation agreement with the Management Committee of Yancheng Economic and Technological Development Zone in Jiangsu province to expand its manufacturing capacity of 210mm solar cells. In line with Tina Solar’s strategy, the Company will add 7.6GW in annual production capacity at its Yancheng production site, increasing its 2.5GW overseas cell capacity. Another 2.4GW of existing production capacity at the Yancheng site will be upgraded. With other new production capacity and upgrading existing production capacity, the Company’s annual production capacity will reach 26GW with 70% Ultra-High-Efficient 210mm cells by end of next year. The 10GW 210 mm cells will be used in the new Trina Solar Vertex 600W+ product series, which has been widely acclaimed in the market. The latest moves will not only speed up technological innovation in the industry, but also provide a broader space for reducing balance-of-system cost and levelized cost of energy from the system side to ensure stable customer income.
(Source: Trina Solar Co., Ltd.)
18.8.2020
SEMI Launches World's First Flexible Hybrid Electronics Standards Technical Committee
SEMI today announced the formation of a new standards committee that aims to develop global standards for flexible hybrid electronics (FHE) spanning design, materials, manufacturing, packaging and systems and to drive industry growth. Unanimously endorsed by members of the SEMI North America Regional Standards Committee (NARSC) and approved by the SEMI International Standards Committee (ISC), the technical committee is the world’s first to focus on flexible hybrid electronics standards. The SEMI Standards Flexible Hybrid Electronics Global Technical Committee has established its first chapter in Taiwan.
(Source: SEMI)
18.8.2020
EXPO REAL Hybrid Summit: Hybrid Format Generates Great Interest
This year’s EXPO REAL in Munich is taking place as a hybrid event from October 14 to 15, 2020. The innovative format has already generated a great deal of interest throughout the real estate industry and the Smart Spaces exhibition areas are proving particularly popular. Visitors can now register for the EXPO REAL Hybrid Summit and be a part of this exciting event either on site or digitally. The number of tickets available for on-site attendees is somewhat limited this year due to coronavirus the event’s enhanced coronavirus protocols. Despite the ongoing coronavirus pandemic, the EXPO REAL Hybrid Summit in mid-October will provide the international real estate industry with an indispensable and innovative communication and networking platform. Working closely with key industry representatives, Messe München has developed an exciting hybrid format that combines both physical and virtual participation. The concept is built around three pillars: conferences that can be followed both on-site and via online livestreams; real estate industry exhibition areas; and special shows on topics including digitalization and start-ups.
(Source: Messe München)
17.8.2020
Powerful Worldwide Trade Fair Programme of German Organisers in 2021
The German exhibition organisers are planning around 360 foreign trade fairs in around 40 countries next year. This is the result of a survey conducted by AUMA - Association of the German Trade Fair Industry among the organisers of foreign trade fairs who are members of AUMA and the Special Association for Fairs and Exhibitions (FAMA). These exhibitions were geared to the standards of leading international trade fairs in Germany. Accordingly, they are summarised by AUMA under the seal “German Trade Fair Quality Abroad (GTQ)”. For 2020, 375 foreign trade fairs were originally registered; due to the corona pandemic, 107 trade fairs were rescheduled and 49 were cancelled. The foreign trade fairs in 2019 went remarkably well. German exhibition companies organised a total of 330 trade fairs outside Germany in 2019, more than ever before. Compared to their respective previous events, the number of exhibitors increased by 2.4%. The number of visitors exceeded the nine million mark for the second time since 2017. A comparison with the respective previous events shows a 5.8 % increase in visitor numbers. Among the five events with the highest number of visitors were four automotive exhibitions and one trade fair for production automation. With the exception of one automotive exhibition in Korea, the shows were held in China.
(Source: AUMA)
17.8.2020
U.S. Real GDP Registers Biggest Quarterly Slump in Last 70 years at 32.9%
Data presented by Buy Shares indicates that the United States’ real GDP slumped by 32.9% during Q2 2020. The drop was the worst in about seventy-three years. Over the last 70 years, notable slumps were recorded at the end of Q1 1958 when the real GDP declined by 10%. During Q2 of 1980, there was also a major drop of 8%. In the wake of the recession at the end of Q4 2008, the real GDP declined by 8.4%. The massive decline in the US real GDP was due to the economic impact of the coronavirus pandemic. According to the Buy Shares report: "The decline in the US real GDP is a clear indicator of how the coronavirus pandemic has taken a toll on the country’s economy which has been growing steadily in the last five years. The drop means that consumers had to cut spending with businesses freezing investment while at the same time the global trade activity has slowed down. The pandemic led to widespread joblessness, with many businesses closing down. The pandemic affected different key sectors like triggering a collapse in oil prices with most Americans staying at home while avoiding commuting. "
(Source: Buyshares.co.uk)
14.8.2020
EU Lifts Travel Restrictions at the External Borders
From 1 July 2020, travel to the EU from selected third countries will be possible again. This was announced by the EU Council on 30 June 2020. AUMA - Association of the German Trade Fair Industry expressly welcomes these first steps towards lifting travel restrictions from third countries: "This is an important signal for international exhibitors and trade visitors who come to Germany for our trade fairs and another important factor for the success of the trade fair relaunch this autumn," emphasizes AUMA Managing Director Jörn Holtmeier. The lifting of the travel restrictions decided by the EU affects the following countries: Algeria, Australia, Canada, Georgia, Japan, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea, Thailand, Tunisia, Uruguay and China. The decision is a recommendation to the EU Member States, as the opening and closing of borders remains the responsibility of each EU Member State. As a result, the Federal Government of Germany has decided, initially for eleven states, that unrestricted entry to Germany will be possible from 2 July 2020.
(Source: AUMA)
14.8.2020
AUMA: More Foreign Exhibitors in Germany Again in 2019
Last year, and before the corona pandemic, the trade fairs in Germany once again proved their attractiveness to foreign exhibitors. Their number increased by 3.5% in 2019 reaching 113,109. Similar to 2018, one of the "smaller" regions in terms of exhibitor numbers recorded the highest growth rate for foreign exhibitors at the German trade fair venue: after Latin America in the previous year Africa was the frontrunner in 2019, ahead of Asia. Almost 16% growth compared to the respective previous events was registered in Germany for the African states, with North Africa including Egypt (+10%), Morocco ( 22%) and Tunisia ( 30%) at the top, while South Africa (-1%) fell back as the second largest exhibitor country, otherwise almost on a par with Egypt. By far the most important region outside Europe, however, continued to be South, East and Central Asia with almost 31,000 exhibitors and repeated strong growth from the leading countries China ( 14%), India ( 7%) and South Korea ( 8%).
(Source: AUMA)
12.8.2020
STRATASYS Wins one of its Largest Ever Aerospace Orders
In what is one of its largest single orders to date, Stratasys, has announced that Latvia-based specialist aerospace additive manufacturing service provider, AM Craft, has purchased four large-scale production-grade Stratasys F900 3D Printers to provide certifiable 3D printed parts for a much wider range of aircraft interior applications. This includes everything from aircraft seating, paneling and ducting, as well as making it much more affordable for its aerospace customers to introduce customization within the cabin. “In recent years, we’ve seen an ongoing demand for 3D printed production parts among major aircraft OEMs,” comments J?nis J?tnieks, Co-founder and CEO, of AM Craft. “Although COVID-19 has shocked the industry in the last few months, we are seeing efforts to return to business by remodeling passenger planes for cargo shipments, as well as projects to increase customer safety measures and improve the inflight customer experience – for example by providing mobile device charging stations and Wi-Fi infrastructures. In such cases, additive manufacturing is way ahead of slower and more costly traditional methods.
(Source: Stratasys Ltd.)
12.8.2020
SEMI Partners with GLOBALFOUNDRIES to Offer Apprenticeship Program
SEMI, the industry association serving the global electronics design and manufacturing supply chain, today launched a new collaborative apprenticeship program to make it easier for companies to offer training and for more workers to pursue careers in electronics. The competency-based SEMI Industry Approved Apprenticeship Program (IAAP) is designed to identify skills gaps and deliver targeted training that efficiently meets industry employers’ hiring needs. SEMI developed the IAAP in partnership with GLOBALFOUNDRIES® (GF®), the largest pure-play semiconductor foundry in the U.S. and the world’s leading specialty foundry. Designed to be scaled to meet industry demand for technicians, the program leverages SEMI’s Unified Competency Model (UCM), which was formed with industry input as a new skills standard and is endorsed by the U.S. Department of Labor Employment and Training Administration (USDOL-ETA).
(Source: SEMI)
12.8.2020
SCHMOLZ + BICKENBACH Q2 2020 strongly affected by COVID-19
CEO Clemens Iller: "The second quarter of 2020 fell firmly in the grip of the COVID-19 crisis, resulting in a dramatic slump in sales and consolidated earnings. The biggest impact came from the extensive shutdowns of major European automobile manufacturers and their suppliers. From April, a negative trend materialized in the mechanical and plant engineering industry. We had no other option but to carry out extensive and prolonged shutdowns in our plants. Despite the slight increase in customer activity from May, demand is returning extremely slowly. A cautious, very limited recovery will not emerge until the fourth quarter of 2020. However, it is becoming clear that the negative adjusted EBITDA will not be effectively offset until the end of 2020 due to seasonal and market-related factors. Given the many uncertainties, particularly as a result of the COVID-19 crisis, it is still difficult to make reliable forecasts for fiscal year 2020. It is therefore impossible at the present time to produce a reliable estimate of adjusted EBITDA due to current uncertainty. To further strengthen our transformation organization, we have appointed restructuring expert Josef Schultheis as CRO on the Executive Board."
(Source: SCHMOLZ BICKENBACH)
11.8.2020
gamescom 2020: On the Pulse of the Community
As a purely digital event, gamescom 2020 will feature many conceptual innovations this year: new shows, a new way for visitors and companies to come together - and of course, many new games. What doesn't change: The heart of gamescom beats in the community - digitally too! This is brought to live through activities like the #supportsmallstreamers campaign and the digital cosplay village including the cosplay contest. Small Twitch and YouTube channels have recently attracted attention with the #supportsmallstreamers hashtag. Enough reason for gamescom to give this group a platform: 18 streamers selected from more than 200 applicants will have their streams hosted once every Tuesday and Thursday on the gamescom Twitch channel starting at 7 p.m. UTC+2. The applications and final selection reflect the great diversity of the gaming community: From the current "Valorant" shooter trend and global phenomenon "Animal Crossing: New Horizons" to classics like "Mario Kart" and "Magic: The Gathering," there is something for everyone. What's more, the up-and-coming streamers not only get more attention through the campaign but also valuable feedback directly from the community.
(Source: Koelnmesse GmbH)
11.8.2020
New KOSTAL Solar Portal for PV System Monitoring
The new KOSTAL Solar Portal offers private and commercial customers an attractive platform for monitoring their energy yields and consumptions. The design is inspired by the Red Dot Award-winning KOSTAL Solar App - intuitive to use and equipped with many new features. The new KOSTAL Solar Portal remains free of charge: Special attention was paid to the stability, performance and scalability of the new database structure. In addi-tion, the server structure was also changed to provide even greater IT security. “Due to massive performance problems of our previous portal, our customers were only able to use the ad-vantages of the system monitoring to a very limited extent in the past months. We sincerely apologize for this inconvenience and look forward to the launch of the new Solar Portal, which has been enhanced with many interesting features.” says Frank Henn, President and CEO of KOSTAL Solar Electric GmbH.
(Source: KOSTAL Solar Electric GmbH)
10.8.2020
TDK Announces Ultra-high AOP Analog MEMS Microphone
TDK Corporation introduces the InvenSense ICS-40638 MEMS analog microphone. The ICS-40638 microphone offers an ultra-high Acoustic Overload Point (AOP) of 138 dB Sound Pressure Level (SPL), exceptionally efficient 170 µA low power operation and high Signal to Noise Ratio (SNR) of 63 dB in a small 3.5 mm x 2.65 mm x 0.98 mm bottom port surface?mount package. The analog MEMS microphone is equipped with high dynamic range, operates up to 105°C, and is designed for IoT and consumer devices. The new ICS-40638 microphone is ideal for wearable and IoT applications, particularly in outdoor, industrial or harsh environments, where high temperature and high acoustic overload points present system design challenges. The ICS-40638 includes a MEMS microphone element, an impedance converter, and a differential output amplifier. Other high?performance specifications include a tight ±1 dB sensitivity tolerance and enhanced immunity to both radiated and conducted RF interference. The part is ideal for noise cancelling applications in challenging environments.
(Source: TDK Corporation)
10.8.2020
Meyer Burger Divests Manufacturer for Microwave and Plasma Systems Muegge GmbH
Meyer Burger Technology Ltd announces today the sale of its microwave and plasma technology company Muegge GmbH, headquartered in Reichelsheim (GE), to the direct investment company HQ Equita. HQ Equita will acquire all of Muegge GmbH's business divisions including its subsidiary Gerling Applied Engineering Inc. based in Modesto CA, USA, as well as its approximately 100 employees. Both companies signed a contract to this effect on 7 August 2020. This is subject to customary market conditions and must still be approved by the authorities in Germany. The transaction is expected to be completed towards the end of September 2020. Meyer Burger expects a cash inflow of approximately CHF 24 million and a book profit of approximately CHF 4 million from the transaction. The contract additionally includes an earn-out of CHF 2.5 million in 2022 based on agreed financial targets in 2021. The divestment of Muegge GmbH was already anticipated in the communicated guidance to achieve annual sales of CHF 400 million - CHF 450 million and an EBITDA margin of 25% - 30% within three years.
(Source: Meyer Burger Technology Ltd.)
6.8.2020
Positive Outlook for SPS 2020
The Bavarian Government has approved the protection and hygiene concept for exhibitions in Bavaria signalling the go-ahead for the SPS 2020 in Nuremberg from 24 - 26 November 2020. In addition to numerous national exhibitors, many international exhibitors have also confirmed their attendance and are looking forward to the exhibition season with eager anticipation. The full report can be found in our section "Trade Fairs 2020, SPS 2020".
(Source: Mesago Messe Frankfurt)
3.8.2020
POWTECH 2020 Special Edition Cancelled
NürnbergMesse has decided not to hold the POWTECH 2020 Special Edition that was planned for September this year. With this decision the trade fair organisers are addressing the reservations of many exhibitors and industry players about having an on-site event. Recently, exhibitors have been particularly hesitant in view of the partly unforeseeable effects of the coronavirus pandemic on the ability to travel and the economic situation of the various sectors involved. The next POWTECH will therefore take place in Nuremberg on the usual scale from 26 to 28 April 2022. The leading trade fair for the processing, analysis and handling of powder and bulk solids will be held in combination with the PARTEC Congress.
(Source: NürnbergMesse)
3.8.2020
Arburg Despite Corona: “Wir sind da.”
Arburg has responded to the Corona crisis very early on with great prudence and excellent know-how. Thanks to that, the machine manufacturer based in Lossburg considers itself well-positioned for the future after the pandemic, in terms of technology, know-how and organisation: production continues to progress and the development of innovative solutions for injection moulding, industrial additive manufacturing and progress in digitalisation is being driven forward. In order to contain the pandemic, Arburg produced high-quality masks and safety goggles very quickly at its headquarters in Lossburg as proof of its technology.
(Source: ARBURG GmbH + Co KG)

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