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Industry News

  • Scientist Develops Math Formula to Improve Flour Milling

    A UK-based professor has developed a mathematical formula that aims to help wheat millers yield higher quantities of flour in the milling process, an article by the University of Huddersfield announced. The formula, which aims to help millers understand how different strains of wheat break up...

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  • Hershey Board Rejects $23 Bil. Mondelez Takeover Offer

    The Hershey Company announced Thursday that its board of directors rejected takeover offer from Mondelez International. The offer of about $23 million would have been composed of a 50/50 split of cash and stock, the Wall Street Journal reported. Shares of the Pennsylvania-headquartered...

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  • Endress+Hauser Invests in Raman Technology

    Endress+Hauser is expanding its manufacturing facility for Raman analyzers. Wholly-owned subsidiary Kaiser Optical Systems is investing $8.6 million to develop the Ann Arbor, MI location, which will more than double in size. “The new facility will be the core of our future Raman-...

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  • Innovation and Competitiveness Bill Passes Senate Committee

    The American Innovation and Competitiveness Act, a bipartisan bill intended to boost science and technology research and education in the US, was approved by the Senate Commerce, Science, and Transportation Committee Wednesday. “Basic science research is the foundation of our economy,...

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  • Schenck Process Names New CFO

    Eric Jaschke has taken over the position of chief financial officer (CFO) in the Schenck Process Group. Jaschke will preside over the Schenck Process Group’s global financial organization, working closely with Andreas Evertz, president and chief executive officer (CEO). Jaschke has...

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  • Natural Fiber Composites Market to Hit $10.8 Bil. By 2024

    The global market for natural fiber composites – eco-friendly materials used in lieu of carbon or glass fibers in applications like automobiles and construction – is expected to grow to $10.86 billion in 2024 from $3.5 billion in 2015, a research report released in June predicts. While...

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  • Carrier Vibrating Equipment Creates New Holding Company

    Louisville, KY-based Carrier Vibrating Equipment Inc. announced Tuesday that it and New York-based designer of processing equipment S. Howes LLC have created a holding company together called CPEG, or Carrier Process Equipment Group Inc. “We are excited to bring together some of the industry...

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  • OSHA, NFPA to Progress on Combustible Dust Standards

    2016 could be a major year for combustible dust standards. In June, the National Fire Protection Association (NFPA) starts its first revision cycle of NFPA 652, the organization’s newly introduced combustible dust standard for general industry. Later this fall, the US Department of Labor...

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  • Monsanto Licenses Use of German Gene Editing Technology

    Monsanto announced Tuesday that it has licensed the rights to use a German company’s technology to increase the efficiency of the St. Louis-based agricultural giant’s genome-editing projects. Proprietary technology of Munich-based Nomad Bioscience GmbH will be used to aid development...

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  • Dow Chemical Cutting 2500 Jobs

    The Dow Chemical Co. announced a series of actions to achieve synergy capture and accelerate shareholder value creation from the restructuring of its ownership of the Dow Corning Corp. Dow Corning’s silicones technology and product platform brings a highly complementary and growth-...

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