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Greene, Tweed Releases Stock Shapes for WR®525 and AR®HT

Kulpsville, Pa. (November 15, 2016)Greene, Tweed is recognized globally for our industry-leading engineering capabilities and outstanding proprietary materials, including Arlon® and Chemraz®. Many of the world’s leading Oil & Gas OEMs choose our thermoplastics for their ability to withstand the most challenging applications in the harshest environments. Our WR®525 and AR®HT thermoplastics have long been utilized by leading petrochemical and power generation companies in a range of pump applications where exceptional temperature and chemical resistance, as well as wear and abrasion resistance, is required. While WR®525 and AR®HT were historically offered as fully manufactured components, we recognize that many of our customers prefer to machine their own parts. Now, these advanced thermoplastics are available in stock shapes (billets), providing customers a number of benefits: • Choose from a variety of sizes at competitive prices • Get material quickly – Typically within 24-48 hours of placing an order* • Utilize in-house resources to machine parts to your specifications • Better manage inventory levels and reduce turnaround times When it comes to performance and operational certainty, no other thermoplastics on the market can compare to Greene, Tweed’s. With WR®525 and AR®HT stock shapes, our customers can now harness Greene, Tweed’s proprietary material technology with the flexibility to machine their own parts. To learn more about WR®525 or AR®HT; or to request a stock shape quote or Machining Guide, visit our WR®525 and AR®HT Stock Shapes page.

강민정 2016-12-30

Lucid Announces Strategic Partnership with LG Chem

Advancedbattery cells will be used in Lucid vehicles and other applicationsLucid Motors has signed a strategic supplyagreement with LG Chem for lithium-ion battery cells. The agreement establishesLG Chem as one of the key suppliers of cells for Lucid’s products. Thecylindrical cells that LG Chem will be producing for Lucid will feature aproprietary chemistry that has been developed together in partnership.Lucid enters the agreement after nearly adecade of experience with electric vehicle battery pack research, developmentand commercial operations. These battery systems have logged over 20 millionmiles to date, and the data Lucid has collected and analyzed from theseoperations have been a critical factor in selecting the best strategicsuppliers.Lucid has recently announced a separatebattery cell supply agreement with Samsung SDI. Although both supply agreementsare intended for Lucid’s first vehicle, there are other possible applicationsfor these cells. These could include batteries developed for other companies aspart of Lucid’s powertrain supply business, or variants of the sedan withspecific performance requirements. The differing performance attributesavailable from the two cell suppliers provide Lucid with maximum flexibility toselect the best cell for each application.Lucid has very high expectations for thecells that are used in our batteries, and we are fortunate to have twocompanies that are willing and able to work with us to meet our requirements. Themarket now has multiple top-tier cell suppliers for automotive applications whoare continuing to improve the energy storage, life, safety, and fast-chargingcharacteristics of a cell. This emergence of high quality automotive gradecells is a positive development for Lucid, and it bodes well for the future ofelectric vehicles.“Lucid Motors is grateful for the tremendous level of supportfrom the LG Chem team,” said Albert Liu, PhD, Lucid’s Directory of BatteryTechnology. “LG Chem’s lithium-ion cells are among thebest on the market, and we are pleased to have them as one of the suppliers ofthis critical component. I look forward to continued collaboration with LG Chemon the many exciting projects we have in our product pipeline.”“It is a great honor to be nominated to be a batterycell supplier and a pleasure to support Lucid Motors to realize its vision”said Youngsun Kim, LG Chem VP of Sales.“Lucid Motors and LG Chem have collaborated ondeveloping power management technology by bringing our expertise in lithium-ionbattery cells. We are trying our best to meet the stringent and outstandingperformance and quality standards of Lucid Motors.”

강민정 2016-12-30

Mitsui Chemicals; Expansion of Electrolyte Solution Production Capacity for Taiwan JV

Mitsui Chemicals enhances mobility business to capture share in China’senvironment-friendly car market Formosa Mitsui Advanced Chemicals Co., Ltd. (“FMAC”), a joint venture of Mitsui Chemicals, Inc. (Tokyo:4183; President & CEO: Tsutomu Tannowa; “Mitsui Chemicals”) and Formosa Plastics Corporation (Taiwan:1301; Chairman & President: Jason Lin; “Formosa Plastics”), is to beef up the capacity of its lithium-ion, battery-use, electrolyte solution production facilities.Demand for lithium ion batteries has expanded in line with the growth of the laptop, smartphone, and tablet device markets. In the future, greater market growth is forecast for the mobility market with the surge in demand for environment-friendly plug-in hybrid and electric vehicles especially in China.Mitsui Chemicals, with Formosa Plastics, has exploited its extensive knowledge and cutting-edge technology to build high-quality production facilities for electrolyte solutions at FMAC to meet the needs of an expanding Chinese market, with operations commencing in July 2016. This latest plan for FMAC will expand production and supply systems in preparation for further market growth. Below is an outline of FMAC and the planned expanded production capacity.Demand for lithium-ion battery-use electrolyte solution is also forecast to grow in Japan, especially for onboard equipment. Mitsui Chemicals established a production facility for 5,000 tons/year at Nagoya Works in October 2016, with commercial operations scheduled to commence in April 2017. The Company has targeted the mobility domain as a growth driver. As one of the growth leaders in this domain, Mitsui Chemicals is actively pursuing development in the area of lithium-ion battery-use electrolyte solutions. Mitsui Chemicals will further strengthen its electrolyte solution business by expanding its production and supply systems in China and Japan.

강민정 2016-12-26

J.M. Huber Corporation Reaches Agreement to Sell Silica Business to Evonik for $630 Million

The J.M. Huber Corporation announced today that it has signed a definitive agreement to sell the Silica business unit of Huber Engineered Materials (HEM) to Evonik Industries AG—a global specialty chemicals company. The transaction will include HEM’s Silica facilities in North America, Europe and Asia. Until the transaction closes, Silica continues to operate as part of HEM. For 2016, Huber’s Silica business unit is expected to achieve revenue close to $300 million and an adjusted EBITDA of approximately $60 million.The sale of Silica will not affect HEM’s other business units, which include Fire Retardant Additives and Ground Calcium Carbonate.Mike Marberry, President and Chief Executive Officer of Huber, noted, “Silica has been part of Huber since the 1950s and paved the way for the Company’s global expansion in engineered materials. While it is difficult to part with a longstanding business, we expect Evonik to be an excellent fit for our Silica customers and our Silica employees.” The transaction is subject to government approvals and is expected to be completed within the second half of 2017.Explained Marberry, “Once the deal is closed, Huber expects to redeploy the proceeds from this sale to strategically invest in our core engineered materials businesses to further strengthen our portfolio of specialty products.”By integrating Huber’s silica operations into its business, Evonik will be able to expand its position primarily in North America and Asia. “Huber Silica will be an outstanding reinforcement for our growth segment Resource Efficiency,” said Klaus Engel, Chairman of the Executive Board of Evonik. “In addition, it will offer the opportunity to strategically develop Evonik’s corporate portfolio.”Huber’s Silica business is oriented towards the dental care sector. To date, Evonik’s silica business has been focused more strongly on industrial applications, for example in the tire and coatings industry. Bringing together these two entities will create a global integrated silica business that is better positioned to serve customers around the world.Representing J.M. Huber in the transaction were BofA Merrill Lynch, Moelis & Company LLC, and Jones Day.News Source: J.M. Huber Corporation

관리자 2016-12-14

Epoxy resin market projected to reach 8.77 billion USD by 2021 according to new research report

WhaTech ChannelThe global epoxy resin market size is projected to reach USD 8.77 Billion by 2021 from the estimated USD 6.31 Billion in 2015, registering a CAGR of 5.77% between 2016 and 2021. The key drivers of the market are increasing penetration of composites, emerging demand from developing countries, and revolutionary advancements in weight reduction and safety.The report "Epoxy Resin Market by Physical Form (Liquid, Solid, and Solution), Application (Paints & Coatings, Adhesives & Sealants, Composites), End-Use Industry (Building & Construction, Aerospace, Wind Power, Marine, Consumer Goods) - Global Forecast to 2021", The global epoxy resin market size is projected to reach USD 8.77 Billion by 2021 from the estimated USD 6.31 Billion in 2015, registering a CAGR of 5.77% between 2016 and 2021.Paints & coatings is the biggest application segment for the epoxy resin marketThe paints & coatings segment is the largest application and is projected to remain the same in the overall epoxy resin market, in terms of volume, during the forecast period. Economic expansion in the developing countries of Asia-Pacific will increase the demand of epoxy resin for paints & coatings application in building & construction and automotive end-use industries.Building & construction sector expected to be the dominant end-use industry for epoxy resinIncrease in employment, increase in public & private non-residential spending, and rise of green building construction are driving the epoxy resin market in the building & construction end-use industry. Though the growth of this sector has slowed down, it would still provide opportunities for the growth of the epoxy resin market.Asia-Pacific estimated to be the largest market during forecast periodAsia-Pacific is the largest market for epoxy resin, both in terms of volume and value, followed by North America and Western Europe. China, the U.S., and Germany are the largest producers of epoxy resins the respective regions.Building & construction is the largest consumer of epoxy resins materials in Asia-Pacific. China and Japan have the largest shares of the Asia-Pacific epoxy resin market.The market in India is witnessing the highest growth rate.Key players in the epoxy resin marketThe key players in the global epoxy resin market are Olin Corporation (U.S.), Nan Ya Plastics Corporation (Taiwan), Huntsman Corporation (U.S.), Hexion Inc. (U.S.), and Kukdo Chemical Co. Ltd.(South Korea).https://www.whatech.com/market-research/energy/220826-epoxy-resin-market-projected-to-reach-8-77-billion-usd-by-2021-according-to-new-research-report

Ms.Kang 2016-11-01

Sunrun and LG Chem Announce U.S. Partnership for Energy Storage

Sunrun BrightBox™ solar plus energy storage systems will be the first U.S. residential solar storage system to offer LG batteries for homes SAN FRANCISCO, October 26, 2016 -- Sunrun Inc. (Nasdaq: RUN), the largest dedicated residential solar company in the United States, and LG Chem, a leading global manufacturer of advanced batteries, today announced a partnership to launch LG Chem’s energy storage technology in the U.S. residential solar market. Sunrun will offer LG Chem’s best-in-class lithium-ion RESU batteries through Sunrun BrightBoxTM solar generation plus energy storage systems. Sunrun BrightBox offers advanced energy services that save families money day and night on their electric bills and supports the development of a modern energy infrastructure for America. Sunrun is committed to sourcing and integrating the highest quality technology to ensure customers have reliable, high-performing home energy services. LG Chem’s lithium-ion batteries have a track record of performance success in the electric vehicle market and offer durability at an affordable price point. LG Chem is the world’s largest automotive battery supplier, counting 16 of the top 29 global automakers as partners. The Sunrun/LG Chem partnership expands the application of LG Chem’s energy storage technology to the consumer residential market allowing more families access to clean, affordable energy. “The energy storage market is advancing at a breakneck pace. At Sunrun, we are enabling a home energy management service that integrates rooftop solar generation with onsite energy storage to offer greater energy choice and savings to our customers while helping to modernize the grid,” said Chief Marketing Officer Michael Grasso. “We’re thrilled to offer LG Chem’s best-in-class battery technology to homeowners. The partnership with LG Chem supports our financing advantage, enabling our customers to install solar plus energy storage for little to no money down.” “Sunrun understands the importance of giving consumers control of their energy by integrating storage with solar. Therefore Sunrun is the right partner for the launch of our residential energy storage product, the new RESU - a winner of ees Award at Intersolar Europe this year - into the North American market. With Sunrun BrightBox, Sunrun’s at the forefront of solar plus energy storage innovation,” said Wonjoon Suh, Global Marketing Department Leader of ESS Battery Division, LG Chem. “We share Sunrun’s commitment to innovation and delivering quality solutions to customers. We look forward to bringing our advanced battery technology to the growing North American residential solar market.” Sunrun BrightBox combines solar generation with energy storage giving consumers new ways to manage their energy. In Hawaii Sunrun BrightBox is giving consumers the ability to self-supply their own energy day and night. In the future Sunrun BrightBox will allow consumers with time-of-use tariffs to time shift when they use solar energy to minimize paying peak rate energy prices. BrightBox will also allow customers the ability to have access to power when grid power isn’t available. Sunrun and their installation partners take care of everything from permitting to installation so customers can go solar hassle-free. BrightBox is currently available in Hawaii to customers as an affordable monthly or prepaid lease for little to no money down or as a direct cash or loan purchase. All customers need to think about is how much money they’ll be saving. More states will be announced in the coming months. Sunrun will also make LG Chem’s battery solution available to the entire solar energy industry through its subsidiary AEE Solar, the leading nationwide distributor of solar products. For more information about Sunrun BrightBox, visit Sunrun’s plans and services page here. About Sunrun Sunrun (Nasdaq: RUN) is the largest dedicated residential solar company in the United States with a mission to create a planet run by the sun. Since establishing the solar as a service model in 2007, Sunrun continues to lead the industry in providing clean energy to homeowners with little to no upfront cost and at a savings to traditional electricity. The company designs, installs, finances, insures, monitors and maintains the solar panels on a homeowner's roof, while families receive predictable pricing for 20 years or more. For more information please visit: www.sunrun.com. About LG Chem LG Chem, Ltd. is Korea’s largest diversified chemical company which operates three main business units: Petrochemicals, IT & Electronic Materials and Energy Solution. The chemical business manufactures a wide range of products, from petrochemical goods to high-value added plastics. It also extends its chemical expertise into high-tech areas such as electronic materials and rechargeable batteries field. Based on the many years of experience in the development and production of batteries, LG Chem is one of the world's leaders in energy storage systems. As such, the company is a primary supplier for the mobile and automotive industry around the world. Entering the business of ESS in 2010, LG Chem has constantly developed and supplied innovative solutions for the ESS market segments such as Grid, Residential and UPS. Throughout multiple production facilities and an extensive distribution network globally, LG Chem has become a global leading company. Forward Looking Statements This press release contains forward-looking statements including, but not limited to, statements regarding expansion, customer savings, future potential for a specific market and demand for and availability of our products and services. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. You should read the section entitled "Risk Factors" in Sunrun's annual report on Form 10-K, which has been filed with the Securities and Exchange Commission and identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Jennifer 2016-10-27

Faraday Future Announces Supply Agreement with LGChem

LGChem to supply battery cells for Faraday Future Faraday Future today(October 3, 2016) announced a partnership with LGChem, the leading manufacturer of advanced battery systems, to supply lithium-ion cells for FF’s electric vehicles. The partnership also represents a joint commitment between both companies to collaborate on the development of EV battery technology, resulting in the world’s highest energy density for a production automotive battery. These cells will be incorporated into Faraday Future’s VPA platform, the company’s universal and scalable modular battery structure. The VPA platform is a critical component to Faraday Future’s future product portfolio. “LG Chem worked closely with Faraday Future to develop a tailored cell chemistry to optimize the range and safety of our mass production battery hardware,” said Tom Wessner, VP of Global Supply Chain, Faraday Future. “At FF, we are working with world-class suppliers to advance our technological innovations, and we look forward to our relationship with LGChem as we push towards our vision of future mobility.” “As a leading supplier of automotive cells and batteries, we are proud to work alongside Faraday Future as we work together to create the next generation of electric vehicles,” said UB Lee, the President of Energy Solution Company, LGChem. “Our progress so far represents a major step forward in battery technology, and we look forward to growing our partnership and co-developing hardware into the future.” With a customer base of more than 20 global automakers, LGChem’s leadership in the EV space makes it a strong partner for Faraday Future as both companies build towards the future of EV mobility.

Jennifer 2016-10-24

Solvay to showcase Advanced in lightweighting Solution

Jennifer 2016-08-31