IDEX Corporation announced today the acquisition of thinXXS Microtechnology AG; a leader in the design, manufacture, and sale of microfluidic components serving the point of care, veterinary, and life science markets.
Located in Zweibrücken, Germany, thinXXS will operate within IDEX Health & Science LLC, part of IDEX’s Health and Science Technologies (HST) segment.
Commenting on the acquisition, IDEX Chairman and Chief Executive Officer Andy Silvernail stated, “thinXXS represents our second acquisition in this space, and with the addition of their advanced technology, our combination makes IDEX Health and Science the market leader in microfluidic technology. thinXXS’ product portfolio is a fantastic fit with IDEX’s core optics and scientific fluidics products and technologies that serve our life science customers. We look forward to thinXXS joining IDEX and we believe the transaction will accelerate our growth prospects in the life science, veterinary and point of care markets.”
Neste is announcing the conclusion of its first series of trials into processing liquefied waste plastic with chemical recycling technology at its Porvoo refinery in Finland. The oil refining company says it has processed about 800 tons of liquefied waste plastic over the last two years – roughly the same amount generated annually by a European city with 500,000 people.
Sika performed well in a challenging environment in 2021. Despite the persistent COVID-19 pandemic and bottlenecks in the procurement of raw materials, sales rose significantly to a record CHF 9.24 billion, corresponding to growth of 17.1% in local currencies.
Ineos Olefins and Polymers Europe is joining the pioneering polypropylene (PP) recycling project Nextloopp, supporting its delivery of food-grade recycled content. The chemicals company will orchestrate a pivotal two-year project that will inform the building of a demonstration plant in the UK to produce 10,000 metric tons of recycled polypropylene (rPP) annually.