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Albemarle Corporation to Release 2020 Sustainability Report on Wednesday, June 2, 2021

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CHARLOTTE, N.C., May 13, 2021 /PRNewswire/ — Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its 2020 Sustainability Report on Wednesday, June 2, 2021.

The company will also host a webcast on Thursday, June 3, at 10:00 a.m. EDT with CEO Kent Masters and CFO Scott Tozier, who will present an update on Albemarle’s sustainability initiatives. This year’s Sustainability Report will map out meaningful and achievable targets for greenhouse gas and water use and Albemarle’s priorities that support the United Nations Sustainable Development Goals.

This webcast can be accessed through Albemarle’s corporate website at https://investors.albemarle.com/ or via the webcast link here: Albemarle Corporation Annual Sustainability Conference Call

To view Albemarle’s 2020 Sustainability Report, available on June 2, please visit https://www.albemarle.com/sustainability.

About Albemarle
Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C., is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. We think beyond business-as-usual to power the potential of companies in many of the world’s largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of world-class resources. In conjunction with our highly experienced and talented global teams, our deep-seated values, and our collaborative customer relationships, we create value-added and performance-based solutions that enable a safer and more sustainable future.

We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses and the markets it serves.

SOURCE Albemarle Corporation

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Energy

Brenntag to acquire JM Swank and thus creates the leading Food Ingredients Distributor in the North American market

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ESSEN, Germany, June 23, 2021 /PRNewswire/ — Brenntag (ISIN: DE000A1DAHH0), the global market leader in chemicals and ingredients distribution, today announces the acquisition of the US-located Storm Chaser Holding Corporation (“JM Swank”) from Platinum Equity. The company is a leading distributor of food ingredients and reported sales of approximately USD 500 million in 2020. With an enterprise value of USD 304 million, this is a decisive step in expanding Brenntag’s position in the North American Nutrition industry and a key acquisition aligned with Brenntag’s M&A strategy.

Christian Kohlpaintner, Chief Executive Officer of Brenntag SE: “With JM Swank, we acquire a renowned leader in the North American market in the sector of food ingredients distribution. This strategic acquisition will double Brenntag’s size in the Nutrition business in the region and thus creates the leading food ingredients and food process chemicals distributor in North America with approximately one billion US dollars in revenue. Nutrition is one of the defined focus industries in the Brenntag Specialties division. This acquisition is fully in line with our M&A strategy as it accomplishes key strategic objectives: acquiring companies generating a meaningful operating EBITDA contribution as well as targets accelerating growth of our Brenntag Specialties division.”

The acquired company offers a highly diversified product portfolio of food ingredients such as spices, dairy, grain, sweeteners, fats & oils, texturants, flavors & colors, starches, cocoa, and inclusions. JM Swank’s broad product line perfectly complements Brenntag’s existing portfolio in the Nutrition industry.

Henri Nejade, Member of the Management Board of Brenntag SE and Chief Operating Officer Brenntag Specialties: “JM Swank has significant potential for continued future growth. The company provides Brenntag Specialties with an extended platform for strategic growth and strengthens our footprint in North America and the Americas as a region. With this acquisition we expand our portfolio, leverage logistics capabilities, and offer our customers an even more comprehensive range of services and products within the industry.”

Closing of the acquisition is subject to certain contractual conditions and regulatory approvals and is expected to be completed within Q3 2021. 

Contact:

Press contact:
Verena Blaschke
Brenntag S
Global Communications
Messeallee 11
45131 Essen
Germany
Telephone: +49 (201) 6496-1213
E-Mail: [email protected]  
www.brenntag.com  

Investor contact:
Thomas Altmann
Brenntag SE
Corporate Investor Relations  
Messeallee 11 
45131 Essen
Germany
Telephone: +49 (201) 6496-2102
E-Mail: [email protected]    
www.brenntag.com

SOURCE Brenntag SE

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Energy

Boliden invests in improved logistics for Harjavalta smelter

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BOLIDEN, Sweden, June 23, 2021 /PRNewswire/ —  Boliden has decided to invest 40 MEUR in long-term improvements of infrastructure at the Port of Pori, thus improving conditions for handling of concentrates to Harjavalta. The investment will be carried out during 2021-2022 and the facilities will be operational in the beginning of 2023.

To improve the standard of operations at Port of Pori, Boliden has decided to invest in improved environmental performance as well as commercial handling. The investment includes building a weighing and sampling facility and a new warehouse. In addition, the Port of Pori carries out investment to a new quay and its infrastructure.

“Through the infrastructure modernization of the Port of Pori, we are taking further steps in strengthening our productivity and competitiveness as well as contributing to our strong environmental performance,” says Daniel Peltonen, President of Business Area Smelters.

The investment is within the framework of Boliden’s total investment plan at just over SEK 7 billion in 2021.

For further information, please contact:

Klas Nilsson, Director Group Communications, tel: +46 (0)70-453 65 88

Timo Rautalahti, General manager, Boliden Harjavalta Oy, tel: +358(0)50-598 7620

Boliden is a metals company with a focus on sustainable development. Our roots are Nordic, our market global. Our core competence lies within the fields of exploration, mining, smelting and metal recycling. Boliden has around 6,000 employees and an annual turnover of SEK 50 billion. The share is listed in the Large Cap segment on NASDAQ OMX Stockholm. 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/boliden/r/boliden-invests-in-improved-logistics-for-harjavalta-smelter,c3372598

The following files are available for download:

SOURCE Boliden

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Energy

Rice milling machinery market to grow by USD 119.84 million|17000+ Technavio Research Reports

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Ag Growth International Inc., Alvan Blanch Development Co., Anzai Manufacturing Co. Ltd., Flour Tech Engineers (p) Ltd., GG Dandekar Machine Works Ltd., Hubei Yongxiang Grain Machinery Co. Ltd., Mill Master Machinery Pvt. Ltd., Mitsubishi Corp., Satake Corp., and Savco Sales Pvt. Ltd. are some of the major market participants. The expansion of rice processing plants will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Rice Milling Machinery Market 2020-2024: Segmentation

Rice Milling Machinery Market is segmented as below:

  • Product
    • Horizontal Roller Rice Milling Machinery
    • Vertical Roller Rice Milling Machinery
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • The Middle East and Africa

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44183

Rice Milling Machinery Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, the rice milling machinery market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Ag Growth International Inc., Alvan Blanch Development Co., Anzai Manufacturing Co. Ltd., Flour Tech Engineers (p) Ltd., GG Dandekar Machine Works Ltd., Hubei Yongxiang Grain Machinery Co. Ltd., Mill Master Machinery Pvt. Ltd., Mitsubishi Corp., Satake Corp., and Savco Sales Pvt. Ltd.

The report also covers the following areas:

  • Rice Milling Machinery Market size
  • Rice Milling Machinery Market trends
  • Rice Milling Machinery Market industry analysis

The growing adoption of automation to leverage profitability is likely to emerge as one of the primary drivers of the market. However, the nutrient deficiency in milled rice compared with other rice types may threaten the growth of the market.

Backed with competitive intelligence and benchmarking, our research reports on the rice milling machinery market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Rice Milling Machinery Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist rice milling machinery market growth during the next five years
  • Estimation of the rice milling machinery market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the rice milling machinery market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of rice milling machinery market vendors

Related Reports on Industrials Include:

Global Automatic Irrigation Equipment Market– The automatic irrigation equipment market is segmented by product (automatic irrigation controllers, automatic irrigation sensors, automatic irrigation valves, automatic irrigation injectors, and automatic irrigation flow meters), end-user (agriculture, commercial, and residential), and geography (North America, Europe, APAC, South America, and MEA).
Download FREE Sample Report

Global Agricultural Rollers Market– The agricultural rollers market is segmented by product (hydraulic and non-hydraulic) and geography (Europe, APAC, North America, South America, and MEA).
Download FREE Sample Report

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019- 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Horizontal roller rice milling machinery – Market size and forecast 2019-2024
  • Vertical roller rice milling machinery – Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ag Growth International Inc.
  • Alvan Blanch Development Co.
  • Anzai Manufacturing Co. Ltd.
  • Flour Tech Engineers (p) Ltd.
  • GG Dandekar Machine Works Ltd.
  • Hubei Yongxiang Grain Machinery Co. Ltd.
  • Mill Master Machinery Pvt. Ltd.
  • Mitsubishi Corp.
  • Satake Corp.
  • Savco Sales Pvt. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Report Page: https://www.technavio.com/report/rice-milling-machinery-market-industry-analysis

SOURCE Technavio

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Energy

Hexagon Adopts The Supercomputer Fugaku To Revolutionise The Use Of Simulations In Product Innovation

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LONDON, June 22, 2021 /PRNewswire/ — Hexagon has demonstrated how innovation can be accelerated by opening up the possibility of completing complex CFD (computational fluid dynamics) simulations that were previously too time consuming and expensive using the world’s fastest supercomputer, Fugaku. The company’s Manufacturing Intelligence division has shown that the performance of next-generation aircraft and electric vehicles can be explored in greater detail and with many more iterations using the power of simulation. By exploiting cutting-edge semiconductors, manufacturers can analyse all the complexities of reality with less than half the energy use and at a fraction of the cost of traditional simulation methods.

CFD simulations require significant computational power and resource. Consequently, engineers have to spend many hours simplifying a real product design just so that it can be simulated to make sure it will perform as needed. In some instances, 90% of an engineer’s time can be dedicated to this manual process, and engineers are increasingly being challenged to ‘scale-up’ simulations to manage more elements. As a result, the cost and time to achieve these simulations is prohibitive and engineers can only simulate an approximation of a product. Now, Hexagon’s Cradle CFD customers will have the opportunity to tap into the power of the ARM-based Fugaku computer architecture to achieve complex simulations quickly and easily. This is made possible through a new partnership which will allow customers to use Cradle CFD software on Fujitsu Limited’s commercially available Supercomputer PRIMEHPC series that utilizes the Fugaku technology.

Engineers will now be able to simulate complex designs without having to simplify them, not only saving time but also giving access to significantly enhanced detail. This in turn will enable them to explore multiple design options and do so quickly, using simulation more frequently to refine and test their designs and explore new concepts that cannot be explored with physical testing or simulation today. Manufacturers now stand to benefit from this increased speed and detail. Their engineers could also use this type of simulation routinely in their daily work, as the Fugaku architecture uses approximately a third of the energy of the computers they use currently, reducing cost and improving environmental sustainability. 

This development is revolutionary for engineers in a number of sectors, including automotive, aerospace and construction, all of which need the insights provided by large scale CFD simulation. This is particularly valuable at a time when the automotive and aerospace industries are racing to bring new forms of mobility and new electrified transport to market. For example, automotive OEMs are under pressure to accelerate the transition to electric vehicles. By saving time on manual processes like meshing, manufacturers can run more simulations to better understand how the aerodynamics of a new model for impacts energy efficiency and range, and be able to iterate more between design and engineering and ultimately achieve the optimal design. Thermal management is also particularly important in electric vehicles, as managing the heat of a vehicle optimizes its performance, safety and longevity – all of which are major challenges for the EV market. Understanding these issues through higher resolution simulations enables engineers to achieve optimal designs and bring models with attractive design and range to market faster.

Hexagon experts collaborated closely with Fujitsu Limited to tune the Cradle CFD code to run on Fugaku and complete test simulations. A typical family car was simulated in its entirety, which is only possible with enhanced computational power. This model comprised 70 million elements using 960 cores and was simulated until steady state using the RANS equation over 1000 cycles.

In aerospace, the impact of turbulence that forms around the wings of an aircraft is of critical importance to how it is controlled and its safety. Turbulence is the result of many vortices, some of which are so small that they are not feasible to simulate using current methods. Using Cradle technology with Fugaku’s extra computational resource, engineers can now achieve a higher resolution simulation to enable them to better understand the impact of turbulence on the structural safety of the aircraft and the forces it can withstand. This is important for the development of the next generation of aircraft, including supersonic and hypersonic, for which engineers need to understand the behaviour of shockwaves around the aircraft.

The team successfully completed a test simulation of transonic compressible fluid around an aeroplane. Transonic analysis is essential to the design of safe and efficient aircraft, helping engineers understand what happens when the air flows around a wing control surface. The simulation:

  • Comprised approximately 230 million elements
  • Was tested using 4,000 nodes (192,000 computing cores)
  • Used 48,000 processes via Message Passing Interface (MPI) and 4 threads via the OpenMP application programming interface.

This research was carried out by receiving the computational resources of the supercomputer Fugaku of RIKEN through the HPCI System Utilization Research Project (Issue No.: hp200209, hp200302).

Roger Assaker, President Design & Engineering, Hexagon’s Manufacturing Intelligence division, said: “Simulation holds the key to innovations in aerospace and eMobility. Advances such as the low-power Fugaku supercomputing architecture are one of the ways we can tap into these insights without costing the Earth, and I am delighted by what our Cradle CFD team and our partners have achieved.”

Masahide Fujisaki, Executive Director of Fujitsu Limited, said: “Fujitsu was pleased to have the chance to work with Software Cradle Co., Ltd. to tune and validate the performance of the scFLOW’s solver for large models on the supercomputer Fugaku and the Fujitsu Supercomputer PRIMEHPC series, which utilizes the technology of Fugaku. In the future, we look forward to working together with vendors to optimize commercial applications and contribute to the industrial use of Fugaku, while simultaneously offering the Fujitsu Supercomputer PRIMEHPC series to manufacturers and other companies so that the results of this work can be widely used in industry.”

Tomohiro Irie, Director of R&D for Cradle CFD, said: “By using the efficient computing power of Fugaku with our simulation tools, we will encourage users to simulate phenomena that simply weren’t feasible before due to the computation time and cost. Today we have simulated 192,000 elements but this is only the beginning – because Cradle CFD is used in diverse applications, I expect that these technical developments will contribute to making the power of Fugaku more accessible for general use, bringing huge freedom and improved insights to engineering teams solving tomorrow’s problems today.

“Both Cradle CFD and Fugaku are based in Japan, and I believe we can leverage these excellent achievements globally through Hexagon’s network.”

Media contact:

Robin Wolstenholme, Global Media Relations and Analyst Relations Manager, Hexagon’s Manufacturing Intelligence Division

Phone: +44(0)7407 642190

e-mail: [email protected]

SOURCE Hexagon’s Manufacturing Intelligence division

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