Kyocera Corp. (KYO), a Japanese manufacturer of medical products, announced Monday that its units have made two acquisitions in Europe.
Kyocera Senco Industrial Tools, Inc., a U.S. pneumatic and cordless power tool manufacturing and sales company based in Cincinnati, Ohio, has concluded an agreement to acquire Van Aerden Group BV, a European pneumatic tool manufacturing and sales company.
In addition to manufacturing pneumatic tools and related products, Van Aerden Group sells power tools under multiple brands, including Senco, as a distributor.
Effective March 1, 2019, Van Aerden will be renamed Kyocera Aerfast Europe BV. With the manufacturing and sales assets brought by this acquisition, Kyocera aims to strengthen its pneumatic tool business in Europe.
Separately, the company said its Germany-based European headquarters, Kyocera Fineceramics GmbH has concluded an agreement with H.C. Starck GmbH to acquire its subsidiary H.C. Starck Ceramics GmbH, a European advanced ceramics manufacturing and sales company based in Selb, Germany.
H.C. Starck Ceramics will join Kyocera Group and begin operations in spring 2019, subject to regulatory approval.
Source: RTT News
When things are rushed, there’s a higher chance they can go wrong. We ended up with factories being built almost solely for the economic multiplier effect from construction activity without sufficient regard for raw-material supply and how to sell the output. We saw this in purified terephthalic acid.
INEOS has already committed over £500m spend on projects which are approved and currently being implemented at Grangemouth. This includes investment in our New Energy Plant, which is due for completion in late 2023 and will supply energy to all our site operations and the highly efficient technology will drive down emissions by at least 150,000 tonnes of CO2 per annum.
As with its other waste collection processes, Indaver will collect post-consumer polystyrene (PS), such as yogurt pots and single-use packaging, and recycle and produce the r-styrene through a proprietary depolymerization technology at its Antwerp, Belgium site.
