I-Bytes Manufacturing Industry

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I-Bytes
Manufacturing
February Edition 2020
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates................................................................................................................................................33
3. Rewards and Recognition Updates..................................................................................................................54
4. Customer Success Updates................................................................................................................................88
5. Partnership Ecosystem Updates.....................................................................................................................110
6. Miscellaneous Updates....................................................................................................................................136
7. Events Updates.................................................................................................................................................139

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Financial, M & A
Updates Manufacturing Industry

Financial, M&A Updates
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3M (USA) Reports Fourth-Quarter and Full-Year 2019 Results; Implements
New Global Operating Model and Streamlined Structure; Provides
Fourth-Quarter Highlights:
• Sales of $8.1 billion, up 2.1 percent year-on-year
• Organic local-currency sales declined 2.6 percent year-on-year
• GAAP EPS of $1.66, includes charges of $0.49 per share from items not in prior
guidance:
• New operating model and streamlined structure resulted in restructuring charge of $0.20
per share
• Significant litigation-related charge of $0.29 per share
• Operating cash flow of $2.3 billion; free cash flow of $1.8 billion, with free cash flow
conversion of 186 percent
• Returned $1.0 billion to shareholders via dividends and gross share repurchases
Full-Year Highlights:
• Sales of $32.1 billion, down 1.9 percent year-on-year
• Organic local-currency sales declined 1.5 percent
• GAAP EPS of $7.81 includes:
• Significant litigation-related charges of $1.01 per share
• Venezuela deconsolidation non-cash charge of $0.28 per share
• Divestiture gain of $0.21 per share
• Adjusted EPS of $9.10 excludes significant litigation-related charges and Venezuela
deconsolidation non-cash charge
• Operating cash flow of $7.1 billion; free cash flow of $5.4 billion (all-time record), up 10
percent year-on-year, with free cash flow conversion of 118 percent
• Returned $4.7 billion to shareholders via dividends and gross share repurchases
Executive Commentary
“Our team executed well in the fourth quarter and delivered results that were in-line with
our expectations, said 3M chairman and chief executive officer. While we continued to
manage challenges in certain key end markets, we generated solid underlying margins
and robust free cash flow. We also continue to build for the future, including the launch
of our new global operating model which represents the next phase of our
transformation journey. As a result of our actions, we are well positioned to improve our
performance, return to growth and deliver a successful 2020.”
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ABB (Switzerland) Full-year and Q4 2019 results
Full-Year 2019 Highlights
• Orders $28.6 billion, steady; comparable +1%
• Revenues $28.0 billion, +1%; comparable +1%
• Operational EBITA margin1 11.1%, impacted by a combined 130 basis points
due to stranded costs and non-core activities
• Income from operations $1,938 million, -13%
• Net income $1,439 million, -34%
• Basic EPS $0.67, -34%2; Operational EPS1 $1.24, -7%
• Cash flow from operating activities $2,325 million, -20%, incl. cash outflows
for simplification program and Power Grids carve-out
• CHF 0.80 per share dividend proposed
Fourth Quarter 2019 Highlights
• Orders $6.9 billion, -1%; comparable +1%
• Revenues $7.1 billion, -4%; comparable -2%
• Operational EBITA margin 10.1%, impacted by a combined 170 basis points
due to stranded costs and non-core activities
• Income from operations $648 million, +136%
• Cash flow from operating activities $1,911 million, +2%, incl. cash outflows
for simplification program and Power Grids carve-out
“ABB gave a resilient performance in 2019 in the face of challenging market
conditions and a significant transformation. Our revenues and operating
margin both improved slightly. The divestment of Power Grids is on track and
we are clearly starting to see the positive effects of implementing our new
operating model and new culture, said Chairman and CEO of ABB. In line
with our dividend policy we are proposing a dividend of 0.80 CHF per share.
We are committed to providing attractive returns to shareholders, further
enhanced by the commencement of share buybacks using the net cash
proceeds from the Power Grids transaction later this year.”
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AECOM (USA) reports first quarter fiscal year 2020 results
First Quarter Accomplishments and Financial Outlook:
• AECOM completed the sale of its Management Services (MS) business at a premium
valuation.
• Revenue was $3.2 billion, and net service revenue2 increased by 1% on an organic basis3,
reflecting growth in the Americas segment and stable performance in the International segment.
• Net income was $31 million and diluted earnings per share was $0.19; on an adjusted1 basis,
diluted earnings per share was $0.46.
• Adjusted EBITDA1 increased by 27% over the prior year to $173 million, reflecting the
benefits of the Company’s strategic actions that focused on increasing profitability and margins
and capitalizing on a near-record level of backlog.
• The segment adjusted operating margin1, 4 on NSR2 was 11.7%, which was a 230-basis point
improvement over the prior year and was consistent with the Company’s full year margin
guidance.
• Underlying free cash flow6 in the quarter was consistent with expectations after adjusting for
timing-related impacts in MS; nearly all of these delayed collections were recovered prior to
the closing of the MS sale in January.
• AECOM reiterated its fiscal 2020 financial guidance, including its expectation for adjusted
EBITDA1 between $720 million and $760 million and for free cash flow6 between $100
million and $300 million.
• The Company expects to utilize the proceeds from the MS sale to reduce debt in the second
quarter, including the immediate repayment of substantially all of its pre-payable debt, and to
repurchase stock while maintaining its long-term net leverage7 target of 2.0-2.5x.
“The strategic actions we have taken and continue to take to simplify our operating structure
and transform into a higher-returning and lower-risk Professional Services business have
delivered a substantial increase in shareholder value, said AECOM’s chairman and chief
executive officer. I am proud of the many successes we have achieved as an organization
over the last several years and AECOM is better positioned than ever to continue this
momentum into the future.”
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Airbus (Netherland) reports Full-Year (FY) 2019 results, delivers on guidance
• Strong underlying financial performance, FY 2019 guidance achieved
• € -3.6 billion penalties recognised for agreements with authorities
• A400M € -1.2 billion charge; export assumptions revised
• Revenues € 70.5 billion, +11% YoY; EBIT Adjusted € 6.9 billion,
+19% YoY
• EBIT € 1.3 billion; loss per share (reported) € -1.75
• 2019 dividend proposal: € 1.80 per share, +9% versus 2018
• 2020 guidance to set the path for sustainable growth
Outlook
• Airbus targets around 880 commercial aircraft deliveries in 2020.
• Airbus expects to deliver an EBIT Adjusted of approximately € 7.5
billion, and Free Cash Flow before M&A and Customer Financing of
approximately € 4 billion before:
• € -3.6 billion for the penalty payments and;
• A negative mid-to-high triple digit million Euro amount for the
consumption of compliance-related provisions for tax and legal
disputes.
“We achieved a great deal in 2019. We delivered a strong underlying
financial performance driven mainly by our commercial aircraft
deliveries,saidExecutive Officer. The reported earnings also reflect
the final agreements with the authorities resolving the compliance
investigations and a charge related to revised export assumptions for
the A400M. The level of confidence in our ability to continue to
deliver sustainable growth going forward has led to a dividend
proposal of € 1.80 per share. Our focus in 2020 will be on reinforcing
our company culture, improving operationally, and adjusting our cost
structure to strengthen the financial performance and prepare for the
future.”
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ASSAABLOY (Sweden) acquires Biosite in the UK
ASSAABLOY has acquired Biosite, a leading solutions provider of
biometric access control to the UK construction industry. Biosite was
founded in 2010, has some 140 employees and the main office is located in
Solihull, UK. Sales in 2019 amounted to about GBP 14 million and the
acquisition will be dilutive to EPS from start. The ASSAABLOY Group is
the global leader in access solutions. The Group operates worldwide with
49,000 employees and sales of SEK 94 billion. The Group has leading
positions in areas such as efficient door openings, trusted identities and
entrance automation. ASSAABLOY's innovations enable safe, secure and
convenient access to physical and digital places. Every day, we help billions
of people experience a more open world. ASSAABLOY has acquired
Biosite, a leading solutions provider of biometric access control to the UK
construction industry.
"I am very pleased to welcome Biosite and their employees into the ASSA
ABLOY Group. Biosite is a strategic technological addition to the ASSA
ABLOY Group. The company will reinforce our current offering within
solutions for access control and will provide complementary growth
opportunities,” says President and CEO of ASSAABLOY”
Description
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Lower organic growth with strong profit and cash flow-ASSAABLOY (Sweden)
Fourth quarter
• Net sales increased by 8% to SEK 24,946 M, with organic growth of 1%
and acquired net growth of 3%
• Strong organic growth in Americas, good growth in Global Technologies
and stable in EMEA and Entrance Systems, while sales declined in Asia
Pacific
• Two acquisitions signed with expected combined annual sales of SEK 800
M
• Tax decision in Finland reconsidered to ASSAABLOY’s disadvantage.
Estimated tax exposure of SEK 920 M, but no material effect on the Group’s
net income
• Operating income increased by 8% and amounted to SEK 4,047 M
corresponding to an operating margin of 16.2%
• Net income1 amounted to SEK 2,767 M
• Earnings per share1 amounted to SEK 2.49
• Operating cash flow increased by 6% to SEK 5,235 M
• The Board of Directors proposes a dividend of SEK 3,85 per share for 2019
Comments by the President and CEO, “In the fourth quarter, total sales
grew by 8%, driven by organic growth of 1%, acquired net growth of 3%
and positive currency effects of 4%. Organic growth was strong in
Americas and good in Global Technologies. EMEA and Entrance Systems
reported stable growth, while organic sales growth in Asia Pacific was
negative. Operating income increased by 8% to SEK 4,047 M, which is the
first time we have exceeded SEK 4bn in a single quarter. The operating
margin was unchanged at 16.2%. The operating leverage was strong due to
lower raw material costs, together with mix and efficiency improvements,
but this was offset by higher acquisition and integration costs. Operating
cash flow improved by 6% to a record high SEK 5,235 M, driven by the
improved earnings and positive evolution from working capital. Our cash
conversion in the quarter was strong at 139%.”
Description
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BASF India Limited announces Q3 results for FY 2019-2020
• Sales of Rs. 20,143.8 million for the third quarter of 2019 which
ended on December 31, 2019, as compared to Rs. 14,049.9 million in
the corresponding quarter of the previous year, representing an increase
of 43%.
• The Company reported loss before tax of Rs. 240.4 million as
compared to loss before tax of Rs. 632.5 million in the prior-year
quarter.
• The Board of Directors of the Company approved the proposal to
transfer its Construction Chemicals business to Master Builders
Solutions India Pvt Ltd, a fellow subsidiary company, at a
consideration of Rs. 5,951.6 million, subject to the approval of the
shareholders of the Company and other required approvals. The
transaction is expected to close by the second quarter of the financial
year 2020/21.
• The Company’s Construction Chemicals business, which was
reported under Surface Technologies, generated sales of Rs. 4,835.2
million for the year ended March 31, 2019.
“Despite the backdrop of weak industrial and automotive growth, we
were able to increase revenues for the Company on account of change
in business model and price management,” said Managing Director,
BASF India Limited. With improvement in margins, we were able to
minimize our losses to Rs. 240.4 million as compared to Rs. 632.5
million in corresponding quarter of previous year.”
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BASF (Germany) closes acquisition of polyamide business from Solvay
BASF closed the acquisition of Solvay’s polyamide business. The
transaction broadens BASF’s polyamide capabilities with
innovative and well-known products such as Technyl®. This will
allow BASF to support its customers with even better engineering
plastics solutions, e.g., for autonomous driving and e-mobility. The
transaction also enhances the company’s access to growth markets
in Asia as well as in North and South America. Through the
backward integration into the key raw material adiponitrile, BASF
will now be present along the entire value chain for polyamide 6.6
and improve its supply reliability. The purchase price for the
polyamide business acquired by BASF on a cash and debt-free
basis amounts to €1.3 billion; sales generated in 2018 were about
€1.0 billion. The business will be integrated into the Performance
Materials and Monomers divisions of BASF.
“With a broader portfolio, a stronger regional presence and
improved supply reliability BASF will deliver significant
benefits to our customers, said Member of the Board of
Executive Directors of BASF SE. The acquisition stands for our
strong commitment to the polyamide business globally.”
Description
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Boeing (USA) Reports Fourth-Quarter Results
Fourth Quarter 2019
• Financial results continue to be significantly impacted by the 737
MAX grounding
• Revenue of $17.9 billion, GAAP loss per share of ($1.79) and
core loss per share of ($2.33)
Full-Year 2019
• Revenue of $76.6 billion, GAAP loss per share of ($1.12) and
core loss per share of($1.12) and core (non-GAAP) loss per share
of ($3.47)
• Operating cash flow of billion; cash and marketable securities of
$10.0 billion
• Total backlog of $463 billion, including over 5,400 commercial
airplanes
"We recognize we have a lot of work to do," said Boeing
President and Chief Executive Officer. We are focused on
returning the 737 MAX to service safely and restoring the
long-standing trust that the Boeing brand represents with the
flying public. We are committed to transparency and excellence
in everything we do. Safety will underwrite every decision,
every action and every step we take as we move forward.
Fortunately, the strength of our overall Boeing portfolio of
businesses provides the financial liquidity to follow a thorough
and disciplined recovery process."
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Bombardier (Canada) Announces Full-Year Financial Results
Overview Financial Performance
• Bombardier’s consolidated revenues for the year were $15.8 billion, highlighted by an 8.5% growth in business
aircraft activities. The growth in Aviation revenues were offset by the lower contribution from commercial aircraft
businesses following their divestitures. Revenues at Transportation also decreased, mainly due to contract estimate
revisions.
• Consolidated adjusted EBITDA and adjusted EBIT for the year were $896 million and $470 million, respectively,
reflecting (i) improvements at Aviation as it exits underperforming commercial programs and ramps-up production on
the Global 7500 aircraft; and (ii) additional charges and investments at Transportation to complete challenging
projects. Reported EBIT loss for the year of $498 million includes a $1.6 billion impairment charge related to the
ACLP investment.
• Fourth quarter cash generation reached $1.0 billion, reducing free cash flow usage to $1.2 billion for the year.
• Higher than anticipated cash usage was driven by additional investments made to address challenging rail projects,
as well as, the deferral of deliveries, mainly at Transportation. Cash usage from operating activities amounted to $680
million for the full year.
2020 Outlook
• Revenues from our sustaining business aircraft and Transportation activities in 2020 are expected to grow
organically by double-digit percentage over the $13.7 billion revenues recorded from these businesses in 2019.
• This strong growth is driven mainly from the acceleration of Global 7500 deliveries contributing to a total of 160
aircraft or more for the year at Aviation. The consolidated revenue growth is also supported by the ongoing
production ramp-up of Transportation, driven by the solid orders from the past few years.
• Adjusted EBITDA and adjusted EBIT are expected to increase to approximately 7.0% and 3.5% respectively, mainly
from the acceleration of Global 7500 deliveries at Aviation and gradual margin normalization at Transportation. The
adjusted EBIT margin expansion includes a higher amortization expense as Global 7500 deliveries increase. The full
year outlook for earnings reflects the partial year contribution from ongoing divestitures of the CRJ program and
Aerostructures businesses.
• Free cash flow is expected to be positive in 2020, excluding Credit and RVG payments. These residual liabilities
related to the exit of commercial aircraft are estimated to be approximately $200 million for the year and are expected
to be paid from the CRJ transaction proceeds.
“We are incredibly proud of the many achievements and tremendous impact Bombardier had on the commercial
aviation industry, said President and Chief Executive Officer, Bombardier Inc. We are equally proud of the
responsible way in which we have exited commercial aerospace, preserving jobs and reinforcing the aerospace
cluster in Québec and Canada. And, we are confident that the A220 program will enjoy a long and successful run
under Airbus’ and Québec’s stewardship.”
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Cat Financial (USA) Announces Fourth-Quarter and Full-Year 2019 Results
Full-Year 2019
• Revenues of $2.97 billion for 2019, an increase of $119 million, or 4%, compared with 2018. Profit was $410
million for 2019, a $105 million, or 34%, increase from 2018.
• The increase in revenues was primarily due to a $108 million favourable impact from higher average financing rates
and a $21 million favourable impact from higher average earning assets, partially offset by a $35 million
unfavourable impact due to the termination of a committed credit facility with Caterpillar.
• Profit before income taxes was $628 million for 2019, a $195 million, or 45%, increase from 2018. Most of the
increase was due to a $192 million decrease in provision for credit losses, driven by a lower allowance rate compared
with 2018.
• The provision for income taxes reflected an annual tax rate of 31% for 2019, compared with 25% for 2018. The
increase in the annual tax rate was primarily due to changes in the geographic mix of profits.
• During 2019, retail new business volume was $11.89 billion, a decrease of $189 million, or 2%, from 2018. The
decrease was primarily driven by lower volume in Asia/Pacific and EAME, partially offset by higher volume in
Mining.
Fourth-Quarter 2019
• Revenues of $725 million, an increase of $26 million, or 4%, compared with the fourth quarter of 2018.
Fourth-quarter 2019 profit was $104 million, an $86 million, or 478%, increase from the fourth quarter of 2018.
• The increase in revenues was primarily due to a $23 million favourable impact from returned or repossessed
equipment and a $20 million favourable impact from higher average financing rates, partially offset by a $10 million
unfavourable impact from lower average earning assets and a $10 million unfavourable impact due to the termination
of a committed credit facility with Caterpillar.
• Fourth-quarter 2019 profit before income taxes was $161 million, a $115 million, or 250%, increase from the fourth
quarter of 2018. Most of the increase was due to a $118 million decrease in provision for credit losses, driven by a
lower allowance rate compared with 2018.
• The provision for income taxes reflected an effective tax rate of 32% in the fourth quarter of 2019, compared with
48% in the fourth quarter of 2018. The decrease in the effective tax rate was primarily due to changes in the
geographic mix of profits.
• During the fourth quarter of 2019, retail new business volume was $3.26 billion, an increase of $160 million, or 5%,
from the fourth quarter of 2018. The increase was primarily driven by higher volume in North America, partially
offset by lower volume in Latin America.
"We were very pleased with the overall performance of our business during 2019, especially the portfolio health
improvements and solid operational execution delivered by our dedicated global team, said President of Cat
Financial and vice president with responsibility for the Financial Products Division of Caterpillar Inc. With our
ongoing focus on expanding our ability to serve customers globally through financial services solutions, we
remain well-positioned to serve the needs of Caterpillar, Cat dealers and our growing customer base worldwide."
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Celanese (USA) Corporation Reports Full Year 2019 And Fourth Quarter
Earnings
• Reported GAAP diluted earnings per share of $6.89 and adjusted earnings per share
of $9.53 for 2019.
• Net sales for the full year were $6.3 billion, as price and volume declined by 7
percent and 3 percent, respectively, from 2018. Despite weak demand and broad
industry destocking across 2019, all businesses executed controllable actions centered
on capturing new business opportunities, executing productivity initiatives, and
deploying high-return capital to deliver solid performance.
• The Company generated robust operating cash flow of $1.5 billion and free cash flow
of $1.1 billion. Celanese returned a record $1.3 billion in cash to shareholders during
2019, including $300 million in dividends and $1.0 billion in share repurchases.
• During the year, the Company repurchased 7 percent of total shares outstanding.
Based primarily on further controllable actions including productivity initiatives and
capital deployment, the Company expects to reach 2020 adjusted earnings of
approximately $11 per share despite no assumed meaningful improvement from 2019
market conditions.
• Celanese also recorded fourth quarter GAAP diluted earnings per share of $0.35 and
adjusted earnings per share of $1.99.
• The difference between GAAP and adjusted earnings per share for the quarter was
due primarily to Certain Items including a pension mark to market adjustment, a
reserve related to the European Commission investigation, and the incident at Clear
Lake.
"Against significant challenges throughout 2019, underpinned by disappointing
global demand, our teams demonstrated great resiliency in delivering the second
strongest performance in Celanese history. In this environment, our heightened
focus on the factors within our control, including a robust productivity program and
high-return capital deployment, has allowed us to weather these challenges and
remain positioned to deliver on our long-term growth ambitions in 2020 and
beyond," said Chief executive officer.
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Celanese (USA) To Acquire Nouryon’sRedispersible Polymer Powders Business
Celanese Corporation, a global chemical and specialty materials
company, and Nouryon announced they have signed an agreement for
Celanese to acquire Nouryon’sredispersible polymer powders business
offered under the Elotex® brand. As part of the acquisition, Celanese
will acquire all of Nouryon’s global production facilities for
redispersible polymer powders across Europe and Asia, all products
under the Elotex portfolio, as well as all customer agreements,
technology and commercial facilities globally. Celanese expects to
integrate Elotex’sredispersible polymer powder product portfolio and
production facilities into its global acetyl chain to further meet global
product demand. Elotex has production facilities in Europe and China
that include Frankfurt, Germany; Geleen, Netherlands; Moosleerau,
Switzerland; and Shanghai, China. Elotex’s manufacturing facilities in
Frankfurt and Geleen are co-located and operationally integrated with
Celanese emulsions assets at these locations. Elotex has its global
headquarters, R&D and Technical Services functions located in
Sempach, Switzerland.
“By acquiring Elotex, Celanese will have direct access to a relatively
fast-growing applications and a customer base that is complementary
to our emulsions business. The acquisition offers additional flexibility
and downstream growth optionality through derivatization, both of
which are vital to unlock value under our unique global acetyl chain
business model,” said Senior vice president, Acetyls. With this
acquisition, Celanese will extend its global leadership position in the
VAE emulsions space and continue to support our customers in
construction and building materials, where Celanese is already
focusing significant product, solution and customer development
efforts.”
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CF Industries Holdings, Inc. (USA) Reports Full Year 2019 Results
Highlights
• Full year net earnings of $493 million, or $2.23 per diluted share; EBITDA (2) of $1,620 million; adjusted EBITDA (2) of $1,610
million
• Fourth quarter net earnings of $55 million, or $0.25 per diluted share; EBITDA of $306 million; adjusted EBITDA of $325 million
• Full year net cash from operating activities of $1,505 million, free cash flow (3) of $915 million
• Lowest year-end 12-month rolling average recordable incident rate in company’s history
• Set company record for quarterly gross ammonia production in fourth quarter
• Redeemed $750 million in debt, lowering long-term debt to $4.0 billion
• Repurchased 1.9 million shares during the quarter
Executive commentary
“The CF team executed exceptionally well in 2019, achieving our lowest year-end recordable incident rate ever and delivering a 15
percent increase in adjusted EBITDA compared to 2018, said President and chief executive officer, CF Industries Holdings, Inc. Our
2019 performance and our position on the low-end of the global nitrogen cost curve enabled us to generate more than $900 million in
free cash flow, strengthen our balance sheet and increase shareholder participation in the underlying business. As a result, we
delivered a one-year total shareholder return of 13 percent, which was the top performance in our fertilizer peer group.”
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CNH (UK): 2019 Fourth Quarter and Full Year Results
Highlights
• Consolidated revenues of $28.1 billion in 2019, down 6% year-over-year on reported basis and down 2% at constant currency
• Net income of $1,454 million in 2019, up $355 million compared to 2018, after $274 million of pre-tax charges related to the
“Transform2Win” strategy, and the positive impact of a previously announced $539 million discrete tax benefit recognized in the
third quarter
• Adjusted net income of $1,178 million, up $61 million (up 5%) compared to 2018
• Adjusted diluted earnings per share (2)(3) of $0.84, up 5% compared to 2018
• Total of $332 million returned to shareholders in 2019 through cash dividends and share buy-back
• Recommended annual cash dividend of €0.18 per common share flat to 2019
Full Year 2020 Guidance
• Net sales of Industrial Activities in constant currency flat to slightly down versus 2019
• Adjusted diluted EPS between $0.78 and $0.86
• Free cash flow of Industrial Activities (2)(3) between $400 million and $600 million
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Danaher (USA) Reports Fourth Quarter and Full Year 2019 Results
• For the quarter ended December 31, 2019, net earnings were $792.9 million, or $1.07 per
diluted share which represents a 11.5% year-over-year increase from the comparable 2018
period.
• Non-GAAP adjusted diluted net earnings per share for the fourth quarter 2019 were $1.28
which represents a 12.5% increase over the comparable 2018 period. For the fourth quarter
2019, revenues increased 5.5% year-over-year to $4.9 billion, with non-GAAP core revenue
growth of 6.0%.
• For the full year 2019, net earnings were $2.4 billion, or $3.26 per diluted share which
represents a 4.0% year-over-year decrease. Non-GAAP adjusted diluted net earnings per share
for 2019 were $4.42 per share, which represents a 9.0% increase over the comparable 2018
amount.
• Revenues for the full year 2019 increased 5.0% to $17.9 billion, with non-GAAP core
revenue growth of 6.0%.
• For the first quarter 2020, the Company anticipates that diluted net earnings per share will be
in the range of $0.78 to $0.81 and non-GAAP adjusted diluted net earnings per share will be in
the range of $1.06 to $1.09.
• For the full year 2020, the Company anticipates that diluted net earnings per share will be in
the range of $3.96 to $4.06 and non-GAAP adjusted diluted net earnings per share will be
$4.80 to $4.90, which assumes non-GAAP core revenue growth of approximately 5.0%.
• These first quarter and full year 2020 estimated results do not include the impact of earnings
from the pending GE Biopharma acquisition, which is expected to close in the first quarter of
2020.
President and Chief Executive Officer, stated, "Our fourth quarter results wrapped up a
tremendous 2019 for Danaher. For the full year, we achieved 6.0% core revenue growth
with solid margin expansion and cash flow. We continued to capture market share in many
of our businesses through new product innovation and enhanced commercial execution. In
addition, we completed the split-off of our Dental platform in December and announced the
pending acquisition of GE's Biopharma business."
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DOVER (USA) To Acquire Soft-Pak Software Solutions, A Leading Provider Of
Software For Waste And Recycling Fleets
Dover announced that it has entered into a definitive agreement to acquire So. Cal.
Soft-Pak, Incorporated, a leading independent provider of integrated back office, route
management and customer relationship management software solutions to the waste
and recycling fleet industry. Following the close of the transaction, Soft-Pak will
become part of the Environmental Solutions Group business unit, a leading supplier of
waste handling solutions to the North American waste and recycling industry, in
Dover’s Engineered Products segment. Soft-Pak is headquartered in San Diego,
California, and has a 30-year track-record of serving hundreds of waste and recycling
fleets nationwide with innovative software solutions tailored to the fleet customers’
unique needs. In 2014 Soft-Pak launched a highly innovative and successful
Mobile-Pak in-cab connected tablet solution, which includes real-time GPS tracking,
route management in real-time, and various functionalities allowing integration of
moving fleet into the hauler’s back-office. The acquisition enhances ESG’s
industry-leading digital offerings centered around connected refuse vehicle and
productivity-enhancing solutions. Further integration between a fleet’s mobile assets,
customer management and back-office operations will position ESG to deliver an
industry-leading integrated offering for refuse vehicles.
“We are excited to bring together Soft-Pak’s well-recognized industry-specific
software solutions and ESG’s growing software & digital portfolio. We believe the
integrated solutions will drive growth of ESG’s core refuse vehicle offering and
associated software, and deliver tangible value-add to our waste and recycling
industry customers, said President and Chief Executive Officer. This transaction is
another building block in Dover’s capital deployment strategy that emphasizes
investments in attractive close-to-core markets that offer potential for sustainable,
profitable growth, and where our team can create value for our shareholders.”
Description
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PPG (USA) to Acquire Alpha Coating Technologies, Light Industrial Powder Coatings
Manufacturer
Power management company Eaton announced it has agreed to acquire Power
Distribution, Inc., a leading supplier of mission critical power distribution, static
switching, and power monitoring equipment and services for data centers and industrial
and commercial customers. The company is headquartered in Richmond, Virginia, and
had 2019 sales of $125 million. The transaction is subject to customary closing
conditions and is expected to close in the first quarter of this year. Terms of the
transaction have not been disclosed. Eaton’s mission is to improve the quality of life
and the environment through the use of power management technologies and services.
We provide sustainable solutions that help our customers effectively manage electrical,
hydraulic, and mechanical power – more safely, more efficiently, and more reliably.
Eaton’s 2018 revenues were $21.6 billion, and we sell products to customers in more
than 175 countries. We have approximately 101,000 employees. This news release
contains forward-looking statements concerning the expected acquisition of Power
Distribution, Inc. some of which are outside the company’s control. The following
factors could cause actual results to differ materially from those in the forward-looking
statements: unexpected difficulties satisfying closing conditions and failure to complete
all required steps. We do not assume any obligation to update these forward-looking
statements.
“PDI’s portfolio is highly complementary to our current offering and will allow us to
better serve our data center customers, said President, Electrical Sector, Americas
region, Eaton. We have watched the growth of PDI for the last decade and are excited
to have them become part of Eaton.”
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Fabege(Sweden) Announce Year-end report 2019
• Rental income increased to SEK 2,856m. In an identical portfolio,
rental income rose slightly more than 14 per cent.
• Net operating income increased to SEK 2,144m. In an identical
portfolio, net operating income rose by 16 per cent.
• The surplus ratio was 75 per cent.
• Profit from property management rose by 23 per cent to SEK 1,532m.
• Realised and unrealised changes in the value of properties amounted
to SEK 5,743m.
• Net lettings in the fourth quarter totalled SEK 55m. Net lettings for
the full year totalled SEK −37m.
• Profit after tax for the year was SEK 6,006m, corresponding to
earnings per share of SEK 18.16.
• The Board proposes a dividend of SEK 3.20 per share to be paid on
two occasions in April and October respectively, each of SEK 1.60 per
share.
“Overall, 2019 was yet another good year for Fabege; property
management earnings increased by an impressive 23 per cent, while
our long-term net asset value rose by 16 per cent to SEK 145 per
share. We are seeing a persistently strong rental market and believe
that average rents in Stockholm will continue to rise. Demand for
acquisitions of properties in Stockholm also remains strong in both
Sweden and internationally. I am confident that we will see
transactions at new, record levels for individual areas. We have a
robust balance sheet, which is important for implementing and
leveraging opportunities in our existing portfolio and in the projects,
we work with and, given the right conditions, considering bolt-on
acquisitions and withstanding potential fluctuations in the market,
says CEO.
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Ingersoll Rand Reports Fourth-Quarter and Annual 2019 Results
Highlights
• Reported revenues up 7 percent; organic revenues* up 5 percent
led by the Climate segment
• Exceptional cash conversion for full-year 2019; cash flow from
continuing operating activities of $2 billion; free cash flow* of
$1.8 billion, 118 percent of adjusted net earnings*
• Fiscal 2019 capital deployment of $510 million in dividends,
$1.5 billion in acquisitions and $750 million in share repurchases
• GAAP full-year continuing EPS of $5.61; adjusted continuing
EPS* of $6.37, up 14 percent
• Reverse Morris Trust transaction with GDI on track for early
2020
“We marked another year of top quartile financial performance
in 2019 with 6 percent revenue growth, 14 percent EPS growth
and free cash flow of 118 percent of net earnings, successfully
navigating a rapidly evolving global economic and geopolitical
landscape,” said Chairman and chief executive officer of
Ingersoll Rand. Our highly engaged team consistently executed
our strategy focused on global energy efficiency and
sustainability mega trends to deliver strong and differentiated
results for our customers and shareholders. While we grew in all
of our Climate businesses, our Commercial HVAC business
growth was truly outstanding, with high-single digit percentage
growth globally and low-teens percentage growth in North
America. It was a challenging year for our Industrial businesses
with a decline in short cycle industrial spending globally;
however, our team ended 2019 with better than expected fourth
quarter revenues and operating income.”
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LANXESS (Germany) completes acquisition of Brazilian biocide manufacturer
IPEL
LANXESS completed the acquisition of ItibanylProdutosEspeciais Ltd. The competent anti-trust authorities approved the
transaction beginning of January. IPEL with headquarters in Jarinu, São Paulo, is one of Brazil’s leading biocide
manufacturers and generated sales in the lower double-digit million-euro range in 2018. With the acquisition, LANXESS is
strengthening its position as one of the world’s leading manufacturers of antimicrobial active ingredients and formulations. In
addition to around 100 employees and the production facility, LANXESS has taken over the Brazilian company’s laboratory
facilities. IPEL generates the majority of its sales with biocides and specialty chemicals for the paint and coating industry. The
product portfolio also includes preservatives and fungicides for process control in water treatment as well as active ingredients
for disinfection and cleaning agents. LANXESS is a leading specialty chemicals company with sales of EUR 7.2 billion in
2018. The company currently has about 15,500 employees in 33 countries and is represented at 58 production sites worldwide.
The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives,
specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index and
FTSE4Good.
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Lonza (Switzerland) Delivers Strong Full-Year 2019 Group Results, with 11%
Pharma Segment Growth
• Lonza Group delivers on guidance1 with 6.8% sales growth,
resulting in CHF 5.9bn sales, and CHF 1.6bn CORE EBITDA,
resulting in a 27.4% margin
• Pharma Biotech & Nutrition as driver, with 11.0% sales growth
and 32.9% CORE EBITDA margin
• Specialty Ingredients shows improved 17.8% CORE EBITDA
margin, despite sales growth of -3.2%; carve-out progressing
according to plan
• Lonza Group outlook 2020: above mid-single-digit sales
growth2, driven by high single- digit sales growth in LPBN, and
overall stable CORE EBITDA margin
• Mid-Term Guidance 2022 confirmed, supported by solid
building blocks
“Our people and business have delivered a strong Full-Year 2019
result. The biopharma business achieved double-digit sales
growth and a stable CORE EBITDA margin, even though we are
investing in significant growth initiatives. Our specialty
chemicals businesses showed soft full-year performance after
headwinds, but margins began to show improvement.” Said
Chairman and CEO ad interim, Lonza Group.
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LG (South Korea) Display LG Display Reports Fourth Quarter 2019 Results
• Revenues in the fourth quarter of 2019 increased by 10% to
KRW 6,422 billion from KRW 5,822 billion in the third quarter of
2019 and decreased by 8% from KRW 6,948 billion in the fourth
quarter of 2018.
• Operating loss in the fourth quarter of 2019 recorded KRW 422
billion. This compares with the operating loss of KRW 436 billion
in the third quarter of 2019 and the operating profit of KRW 279
billion in the fourth quarter of 2018.
• EBITDA in the fourth quarter of 2019 was KRW 586 billion,
compared with EBITDA of KRW 613 billion in the third quarter of
2019 and with EBITDA of KRW 1,134 billion in the fourth quarter
of 2018.
• Net loss in the fourth quarter of 2019 was KRW 1,817 billion,
compared with the net loss of KRW 442 billion in the third quarter
of 2019 and the net income of KRW 153 billion in the fourth
quarter of 2018.
“LG Display’s liability-to-equity ratio was temporarily increased
in the fourth quarter due to the asset impairment, but this is
expected to start to gradually improve down the road. The
positive anticipation is that factoring in asset impairment this
time means that uncertainty in the future is expected to be
removed and possible fluctuation in the company’s future
business is also expected to be reduced. In addition, depreciation
costs will be reduced by KRW 300 billion each year in the next
five years.” said CFO and Senior Vice President of LG Display.
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Mitsubishi Chemical (Japan) to Acquire European Carbon Fiber Prepreg Manufacturer
Mitsubishi Chemical Corporation announced that it will acquire a German Carbon Fiber Prepreg Manufacturer, c-m-p GmbH
through its subsidiary, Mitsubishi Chemical Advanced Material in a move to strengthen its presence in the carbon fiber
composite material business. The closing of the acquisition will be in February 2020. C-m-p has superior production
technology of unidirectional /fabric prepreg and provides solutions to various markets, particularly in the aerospace and
automotive fields. By this acquisition, MCC will have prepreg plants in Europe, USA and Japan. Addition to the start-up of
MCC’s sheet molding compound production facility in Modena, Italy*, MCC will enhance its capacity to produce carbon fiber
composite materials in Europe, where the mobility markets are taking the lead in applications for advanced composite
materials. In light of the expectations for carbon fiber composite materials in the creation of a circular economy, MCC will
strengthen its capability to propose solutions to customers while leveraging the group’s comprehensive strength, and in turn
accelerate the realization of KAITEKI.
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PPG (USA) to Acquire Alpha Coating Technologies, Light Industrial Powder Coatings
Manufacturer
PPG announced that it has reached a definitive agreement to
acquire Alpha Coating Technologies, LLC, a manufacturer of
powder coatings for light industrial applications and heat
sensitive substrates. The transaction is expected to close in the
first quarter of 2020, subject to customary closing conditions.
Financial terms were not disclosed.Founded in 2000, Alpha
focuses on the development, manufacture and sale of powder
coatings for light industrial applications; medium density
fiberboard and heat sensitive substrates; and toll manufactures
powder coatings for metal and light industrial applications.
Alpha employs approximately 35 people at its operations in
West Chicago, Illinois.
“Alpha’s best-in-class service, technology and quick
turnaround color matching capabilities will be a strategic
complement to PPG, said PPG vice president, Industrial
Coatings, Americas. We are pleased to welcome Alpha into
the PPG family and continue providing our customers with
outstanding products and services.”
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PulteGroup (USA) Acquires Innovative Construction Group, Leading Off-Site Solutions
Provider
PulteGroup, Inc. announced that it has acquired Innovative
Construction Group, a leading off-site solutions provider focused
on single family and multifamily wood framed construction.
Based in Jacksonville, Florida, ICG’s comprehensive framing
solutions include design services, manufactured wall panels, roof
trusses and floor systems, and on-site installation to provide a
full frame shell construction process. ICG will remain a
stand-alone operation and continue serving its existing customer
base and builder clients. The acquisition of ICG builds on
PulteGroup’s unique commonly managed plan platform and its
long-term strategy to drive greater production efficiency and
overall build quality. Off-site solutions can deliver high quality
framing components with less waste and help address trade labor
shortages that are a persistent problem for the construction
industry.
“We are extremely impressed with ICG’s management team
and automated plant operations, and look forward to working
with the company’s founders, who will continue to lead the
organization, said President and CEO of PulteGroup. As we
capitalize on ICG’s existing products and services, we expect
to expand the factory’s production capabilities to provide
additional products and services to ICG’s customers. In
acquiring ICG, we see the potential for our Jacksonville
operations to benefit through faster cycle times, precision
structural components and savings on lumber and other
materials, ICG can also serve as a model to intelligently
integrate the use of off-site production with our existing trade
partners.”
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Rockwell Automation (USA) Reports First Quarter 2020 Results
First quarter
• Fiscal 2020 first quarter sales were $1,684.5 million, up 2.6 percent from
$1,642.3 million in the first quarter of fiscal 2019. Organic sales declined 1.0
percent, currency translation decreased sales by 0.9 percentage points, and
acquisitions increased sales by 4.5 percent.
• Fiscal 2020 first quarter net income attributable to Rockwell Automation was
$310.7 million or $2.66 per share, compared to $80.3 million or $0.66 per share in
the first quarter of fiscal 2019.
• Fiscal 2020 first quarter Adjusted EPS was $2.11, down 5 percent compared to
$2.21 in the first quarter of fiscal 2019.
• Pre-tax margin was 19.9 percent in the first quarter of fiscal 2020 compared to
7.4 percent in the same period last year. The increase in pre-tax margin was due to
the PTC adjustments.
• Total segment operating margin was 20.1 percent compared to 22.8 percent a year
ago. The decrease in total segment operating margin was primarily due to Sensia
one-time items, higher investment spending, and unfavorable mix. Total segment
operating earnings were $339.1 million in the first quarter of fiscal 2020, down 9.5
percent from $374.9 million in the same period of fiscal 2019.
• Cash flow provided by operating activities in the first quarter of fiscal 2020 was
$231.1 million, compared to $212.0 million in the first quarter of fiscal 2019. Free
cash flow was $194.1 million, compared to $170.0 million in the first quarter of
fiscal 2019.
"Despite a difficult macro environment for manufacturers, first quarter sales and
Adjusted EPS were slightly better than we expected. We saw growth in
Automotive and Semiconductor as well as strength in China. Our first quarter
sales also included strong double-digit growth in Information Solutions and
Connected Services and a significant contribution from our inorganic
investments, said Chairman and CEO. Our balance sheet remains strong, and we
continue to look for opportunities to accelerate progress on our strategic
priorities."
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Siemens (Germany)to acquire C&S Electric in India to meet growing electrification needs
Siemens Ltd. signed an agreement to acquire New Delhi-based C&S
Electric Limited. The acquisition of one of the leading providers of
electrical and electronic equipment for infrastructure, power generation,
transmission and distribution, will strengthen Siemens’ position as a key
supplier of low-voltage power distribution and electrical installation
technology in one of the world’s fastest-growing economies. Under the
agreement, Siemens Ltd. will acquire approximately 99 percent of the
equity share capital of C&S Electric Limited for around Rs. 2,100 crores.
Closing of the acquisition is subject to regulatory approvals. In the future,
Siemens envisions this partnership to pave the way for the establishment
of a design and manufacturing hub in India, supporting the export of
electrification solutions to fast-developing markets around the world. The
scope of the acquisition comprises the Indian operations of C&S Electric’s
low-voltage switchgear components and panels, low and medium voltage
power busbars as well as protection and metering devices businesses.
Other businesses of the company such as medium voltage switchgear and
package sub-station, lighting, diesel generating sets, EPC (Engineering,
Procurement and Construction) and the Etacom busbars business will be
retained by the owners.
Commenting on the acquisition, Member of the Managing Board of
Siemens AG and CEO Smart Infrastructure, said: “Safe, intelligent and
reliable electrification is the backbone of economic and societal
development. Joining forces with C&S Electric allows us to bring a
more comprehensive portfolio that addresses the needs of a very
important market. Siemens is committed to significantly improving
access to reliable and efficient power supply in India. This latest
investment demonstrates our commitment to strengthening our offering
in high growth markets in Asia.”
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Transdigm (USA) Group Reports Fiscal 2020 First Quarter Results
First quarter highlights include:
• Net sales of $1,465 million, up 47.5% from $993 million;
• Net income from continuing operations of $233 million, up 18.9% from
$196 million;
• Earnings per share from continuing operations of $0.83, down 72.8%
from $3.05;
• EBITDAAs Defined of $681 million, up 39.8% from $487 million;
• Adjusted earnings per share of $4.93, up 28.1% from $3.85; and
• Reaffirmation of our previously stated guidance for fiscal 2020 Sales,
EBITDAAs Defined and Adjusted Earnings Per Share.
• Net sales for the quarter rose 47.5%, or $472 million, to $1,465 million
from $993 million in the comparable quarter a year ago. Organic sales
growth was 8.7%. Acquisition sales contributed $385 million, all of
which are attributable to Esterline.
• Net income from continuing operations for the quarter increased 18.9%
to $233 million compared to $196 million in the comparable quarter a
year ago.
"We are pleased with our first quarter operating results and the strong
start to our fiscal year, stated TransDigm Group's President and Chief
Executive Officer. Our consolidated business performed well in the first
quarter with organic revenue growth driven mainly by the commercial
aftermarket and defense market. We are particularly pleased with our
EBITDA As Defined improvement for the quarter. Excluding the
dilutive impact of Esterline, our EBITDA As Defined continued to
expand sequentially and over the prior year period to above 51% in the
quarter. Additionally, the Esterline acquisition still continues to track
ahead of our expectations."
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United Technologies (USA) Reports 2019 Results
Fourth Quarter 2019
• Sales of $19.6 billion, up 8 percent versus prior year, including 1
percent organic growth
• GAAP EPS of $1.32, up 59 percent versus prior year
• Adjusted EPS of $1.94, down 1 percent versus prior year
Full Year 2019
• Sales of $77.0 billion, up 16 percent versus prior year including
5 percent organic growth
• GAAP EPS of $6.41, down 1 percent versus prior year
• Adjusted EPS of $8.26, up 9 percent versus prior year
"United Technologies delivered record sales, adjusted earnings
per share and free cash flow in 2019 on continued aerospace
strength and a return to profit growth at Otis, said UTC
Chairman and Chief Executive Officer Gregory Hayes. Organic
sales grew 5 percent and adjusted earnings and free cash flow
exceeded the high end of the ranges we expected. In a year of
unprecedented change, our 2019 financial performance is a
testament to our focus on our customers and the hard work and
dedication of the 240,000 employees across UTC."
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Vinci (France) announce annual results 2019
• Revenue up 10% to €48.1 billion
• Concessions up 18% (of which organic growth +6%): growth in traffic
levels at VINCI Autoroutes and in passenger numbers at VINCI Airports
• Contracting up 9%: higher business levels across the three business lines
• VINCI Immobilier revenue up 20%
• Solid earnings growth:
• Operating income from ordinary activities: up 15% to €5.7 billion
• Net income attributable to owners of the parent: up 9% to €3.3 billion
• Very strong free cash flow generation: €4.2 billion, €1 billion more than
in 2018
• Dividend proposed for 2019: €3.05 per share
• Accelerated social and environmental responsibility policy, including a
targeted 40% reduction in the Group’s carbon footprint by 2030
VINCI’s Chairman and CEO, made the following comments: “VINCI
broke records in 2019. Business levels grew strongly both in France and
abroad, earnings rose again and cash flow was outstanding. That very
good performance was achieved through the hard work of VINCI’s
222,000 employees. It confirms the strength of our
Concession-Contracting business model and our ability to integrate new
companies successfully. The year’s main highlight was the acquisition
of a majority stake in London Gatwick, the second-largest airport in the
United Kingdom and the eighth-largest in Europe.”
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Grainger (USA) Reports Results for the 2019 Fourth Quarter and Full Year
2019 Financial Highlights
• Sales of $11.5 billion, up 2.5 percent, 3.0 percent on a constant currency
basis
• Reported operating earnings of $1.3 billion, up 9 percent; adjusted
operating earnings of $1.4 billion, up 3 percent
• Reported operating margin of 11.0 percent, up 70 basis points; adjusted
operating margin of 12.1 percent, up 10 basis points
• Reported EPS of $15.32, up 12 percent; adjusted EPS of $17.29, up 4
percent
• Returned over $1.0 billion cash to shareholders
Fourth Quarter Financial Highlights
• Sales of $2.8 billion, up 3.0 percent
• Reported operating earnings of $181 million, down 37 percent; adjusted
operating earnings of $307 million, down 1 percent
• Reported operating margin of 6.4 percent, down 410 basis points;
adjusted operating margin of 10.8 percent, down 40 basis points
• Reported EPS of $1.88, down 49 percent; adjusted EPS of $3.88, down
2 percent
"In 2019, we grew sales, operating earnings and EPS despite
challenging and uncertain economic conditions. Our sales growth in the
U.S. outperformed the market throughout the year, and our share gain
accelerated in the fourth quarter, as our growth initiatives began to take
hold. At our U.S. endless assortment business, Zoro, we continued to
invest in the business to ensure ongoing success. At the total company
level, our strong expense control held SG&A stable and enabled our
advertising, technology and Zoro investments, " said Chairman and
Chief Executive Officer. As we look to 2020, we will diligently manage
expenses while continuing to invest in future growth. We are confident
in our strategy and ability to execute moving forward."
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Solutions Updates
Manufacturing Industry

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LANXESS (Germany) Tailored solutions for the tire industry
33
Solution Description
LANXESS will be showcasing its versatile and sustainable solutions for tire manufacturing at the Tire Technology Expo in Hanover, Germany.
These include a wide range of environmentally friendly Rhenodiv release agents, Rhenomark tire marking paints, Rhenoshape tire vulcanization
bladders, Rhenogran aramid-fiber masterbatches, and special additives. Photo: LANXESS AGLANXESS will be showcasing its versatile and
sustainable solutions for tire manufacturing at the Tire Technology Expo in Hanover, Germany, from February 25 to 27, 2020. These include a wide
range of environmentally friendly Rhenodiv release agents, Rhenomark tire marking paints, Rhenoshape tire vulcanization bladders, Rhenogran
aramid-fiber masterbatches, and special additives. Rhein Chemie offers a diverse portfolio of release agents. It extends from traditional
silicone-based products such as Rhenodiv BP-286 and Rhenodiv BP-2864 which are removed after vulcanization from the tires with mechanical
washing systems or by laser technology, to the new generation, silicone-free products such as Rhenodiv BP-166 and Rhenodiv BP-9500. The
water-based bladder coating Rhenodiv BC-1700 provides a high-performance release on the bladder surface while minimizing the environmental
effects and increasing work safety. With their superior lubricity and excellent transfer from green tire to the bladder, Rhenodiv SP-1010 and
Rhenodiv SP-1020 help manufacturers to decrease the scrap rates and save resources.

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LANXESS (Germany) joins World Business Council for Sustainable Development
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LANXESS has enhanced its commitment to sustainability. The specialty chemicals company joined the World Business Council for
Sustainable Development. The WBCSD is a global, CEO-led organization working together to accelerate the transition to a sustainable
world. At the core of the network are its six work programs, for example on climate and energy or circular economy, targeting the
realization of the United Nation’s Sustainable Development Goals. The WBCSD’s approximately 200 member companies represent 19
million employees and USD 8.5 trillion in sales. In the last few months, LANXESS has focused its business activities even more on
sustainability. The specialty chemicals company announced in November 2019 that it will become climate neutral by 2040. In December,
LANXESS linked the interest rate terms of its main revolving credit facility to sustainability criteria. LANXESS is a leading specialty
chemicals company with sales of EUR 7.2 billion in 2018. The company currently has about 15,500 employees in 33 countries and is
represented at 58 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of
chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones
Sustainability Index and FTSE4Good.

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NSK (Japan) Expands Production of Ball Screw Units for Electric-Hydraulic
Brakes
35
NSK Ltd. has inaugurated a second line producing ball screw units for electric-hydraulic brakes. Global demand for the ball screw units
is rapidly increasing with regulators mandating new vehicles be equipped with automatic emergency braking systems. NSK started
production of the units in March 2019 at its Saitama Plant. The newly inaugurated line, at Akagi Plant, began production in January 2020.
The automotive industry is set to revolutionize automotive safety over the next few years. Regulators around the world have mandated
new vehicles be equipped with automatic emergency brake systems. The requirements are coming into effect around 2021-2022 in Japan,
the United States, and the European Union. Automatic emergency brake systems help prevent accidents by scanning the road ahead of the
vehicle and engaging the brakes to avoid potential collisions. The system automatically brakes if approaching another vehicle or obstacle
at a speed that could result in an accident. NSK began mass production of ball screw units for electric-hydraulic brake systems in March
2019. The unit is a compact and lightweight combination of high reliability ball screw and support bearing made possible by NSK's
world-class ball screw technology and over a century of expertise in bearings. The units are already in consumer vehicles on the road, and
automakers are rolling out implementation to other models. NSK established the new line to respond to rapidly growing demand. NSK is
also considering establishing additional production sites outside Japan, and is aiming to produce 10 million units a year globally by 2026.
The company is investing around 10 billion yen to expand ball screw production capacity.

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Rolls-Royce (UK) Data innovation catalyst R2 Data Labs launch new digital platform designed
to bring the aviation industry together for open discussion and digital value exchange.
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Rolls-Royce data innovation catalyst R2 Data Labs has launched Yocova – a new data exchange and collaboration platform for the
aviation sector. The platform seeks to empower users by providing an online space for open, secure data sharing and insight while
offering an exchange through which users can sell their data-driven assets and software applications. Yocova allows aviation
professionals to connect with each other in order to collaborate, control and commercialise data sources and applications. The
platform, which is designed to help users manage complex data environments, was originally conceived as part of our
IntelligentEngine vision as a secure space for users to flexibly share data sources. The platform has since grown and has already
welcomed a large number of individual users, data science specialists and aviation application providers, including Singapore
Airlines – the first major airline participant. Singapore Airlines has worked closely with Rolls-Royce to develop the concept of an
open data collaboration and innovation platform from product to prototype. Today, the airline uses the platform to enhance its own
operations. Yocova has been operating successfully as a trial platform for more than six months with an invited set of data specialists,
software providers, and individual airline users. Having now secured its first major industrial participant in Singapore Airlines,
Yocova will now seek broader content and commercial investment from industry partners.

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Safran(France) launches its brand-new Health Monitoring service
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Safran launching the Health Monitoring service that enables customers to track their engines' health indicator, Safran Helicopter has
broadened its service offer. The service now has brand new features such as daily health indicators, in addition to the monthly
recommendations; full automation of the engine performance trend follow up; and a newly user-friendly online interface. Safran is
reinforcing the service's customization possibilities and improves the user experience.During Heli-Expo, Air Center Helicopters has
become the first North American operator to subscribe to the Premium Health Monitoring service.Safran Helicopter Engines uses
predictive analyses and preventive maintenance to preserve the customers' engines and optimize the operations of its customers. This
service is based on more than sixty engine parameters that are converted into indicators through our algorithms. With the knowledge
of the proximity-based Safran experts, the recommendations are tailored to the customers' operational configuration. Each Health
Monitoring report also benefits from the worldwide fleet experience.Health Monitoring already covers 3,200 engines operated by 500
customers.Health Monitoring is available for SBH® - Support by the Hour customers in its Premium version. The operators
benefiting from the service have seen reduction in costs, particularly in terms of labor, logisitics and administration. Support by the
Hour - SBH® now proposes two expert digital solutions: Health Monitoring and Expert Link. SBH® is now digital and fully linked
to cost control, engine protection and optimized technical support. Health Monitoring, Expert Link and SBH® are services that are
part of the EngineLife® range, Safran solutions for helicopter engines.

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SASOL (South Africa) Launches Mobile Science Lab at Sci-Bono
38
The Sasol Foundation this morning handed over a one-of-a kind Mobile Science Laboratory to the Sci-Bono Discovery
Centre in Newtown, Johannesburg. The lab, which is the tenth of its kind nationally, will bring practical science education to
thousands of learners in underprivileged schools in the southern and western districts of Johannesburg. The latest Trends in
International Mathematics and Science Study of 2015 showed that, out of 39 countries surveyed globally, South Africa’s
national average score for grade nine mathematics was in 38th position. In science, the country was in last place. As a result,
university graduation in science, technology, engineering and mathematics related courses is at a low 20%, according to the
National Science and Technology Forum. South Africa has seen some improvements in our education system and 81.3% of
2019’s grade 12 learners graduated, the highest matric pass rate since the founding of our democracy. However, more still
needs to be done to enable access to facilities such as equipped science laboratories. The Mobile Science Lab Programme is
the Sasol Foundation’s contribution to supporting government in addressing this challenge. First introduced in 2014 as a
partnership between the Sasol Foundation, the Department of Science and Innovation and the South African Agency for
Science and Technology, the programme has grown to comprise nine laboratories across the country.

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Schneider Electric (France) Showcases SF6-free Switchgear at Elecrama 2020
39
Schneider Electric, the global leader in digital transformation of energy management and automation, today launched its
SF6-free switchgear at Elecrama 2020, India’s largest congregation of power sector ecosystem. The switchgear uses Shunt
Vacuum Interruption for switching and pure breathable air for insulation. The new technology offers a sustainable alternative
to SF6 switchgear while maintaining an acceptable level of cost that’s necessary for the widespread adoption of sustainable
switching technologies. The switches are compatible with Schneider Electric’s IoT enabled architecture, EcoStruxure, and
allow users to take advantage of the digital features to unlock the value of data. The increasing demand for electricity and the
diversity of energy generation has increased the need for electrical infrastructure, such as switchgear and circuit breakers. SF6
has been widely used across the industry, from large power stations to wind turbines to electrical substations in towns and
cities, because it helps prevent electrical accidents and fires. It exhibits valuable electrical properties, but it contributes to the
greenhouse effect, with a Global Warming Potential of 23,500, which means 1 kg of SF6 has an impact of 23,500 kg of CO2
on the environment. When the scientific research confirmed this issue Schneider Electric launched a mission to create
alternative, sustainable MV switchgear that not only helps to reduce greenhouse gas inventory, but also avoids the problems
of end-of-life recapture, recycling, and leakage.

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Schneider Electric (France) launchesModicon M262, IIoT-Ready Controller for Logic & Motion
Applications, in India
40
Schneider Electric, the global leader in the digital transformation of energy management and automation, announced the launch of a powerful solution
for what it calls the ‘smart machine era’. The solution, New Modicon M262 controller is IIoT-ready for logic and motion applications. It offers intuitive,
scalable and reliable machine integration into Industry 4.0 environment, machine to device, machine to human, machine to machine, machine to plant
or machine directly to cloud. Additionally, Modicon M262 Controller embeds cybersecurity features and encryption protocols to provide direct cloud
connectivity and digital services through two ready-to-work and independent embedded Ethernet ports.
The Modicon M262’s key benefits include:
• Connectivity: Up to 5 one-to-one independent Ethernet networks and cyber secured cloud connectivity for easy integration into the plant with open
protocols, including OPC UA, PackML, SQ or to the cloud with MQTT, JSON or HTTPs requests (API).
• Efficiency: With 4 to 16 synchronized axes with scalable cycle time down to 1 ms and a 3 ns/inst processing speed independent from communication
tasks, Modicon M262 Controller answers performance demanding motion applications. Modicon M262 Controller helps simplifying machine
architecture and field bus wiring. And with Machine Assistant (webserver technology), no software is required for devices discovery, commissioning
and diagnostics.
• Flexibility: Modicon M262 Controller answers to logic application needs, where it can be also an “All-in-One” motion controller, embedding all
requested features as Motion bus, encoder and touch probes. Safety can be modular or embedded. With choice between Optimized and Performance I/O
systems, Modicon M262 Controller provides versatile architectures around EtherNet/IP and/or Sercos – all under one software EcoStruxure Machine
Expert.
• Protection: With Embedded Safety solution, Modicon M262 Controller complies with the latest safety regulations up to SIL3. It offers embedded
encrypted communication, network separation, Achilles certification and other cybersecurity features.

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Schneider Electric (France) Showcases its Portfolio of Sustainable & Digital Solutions for the
New World of Electricity
41
Schneider Electric, the global leader in energy management and automation, is at the 14th edition of ELECRAMA 2020, the
largest congregation of power sector ecosystem in the country. Committed towards powering and digitising the economy, the
company will be showcasing its state-of-the-art technologies across segments such as Connected Grid, Smart City, MMM,
Transportation, Residential, Real Estate, Data Centre, Hotels, Healthcare, WWW, Manufacturing, HR and Services. For the very
first time, as a part of ELECRAMA 2020, Schneider Electric will also be organising a Thought Leadership Theatre. With
TED-style talks and panel discussions the TLT will showcase discussions with Schneider Electric global and India leaders along
with industry experts around critical issues including Cybersecurity, Circular Economy, Digital Buildings, Sustainability,
Workforce of the Future, Connected Homes and more. Through these sessions, the company aims to provide insights into
emerging technologies, innovation, climate crisis. It will also help understand the impact of digitisation on the economy and the
new world of electricity.

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Mack Trucks (USA) launches medium-duty trucks
42
Mack Trucks launched the all-new Mack MD series of medium-duty trucks, adding to its already robust product line-up to
reach new customers and applications. Serial production of the Mack MD Series will begin in July 2020. Mack also
announced a $13 million investment to establish its Roanoke Valley Operations, a new manufacturing facility in Roanoke
Valley, Virginia, for the production of the Mack MD Series. The project will result in the creation of 250 new jobs. The Mack
MD6, a Class 6 model, has a Gross Vehicle Weight Rating of 25,995 pounds, and the MD7, a Class 7 model, has a GVWR of
33,000 pounds. These new products will meet the needs of trucking applications requiring dry van/refrigerated, stake/flatbed,
dump and tank truck vocations. The Mack MD Series is an all-new model range built specifically for medium-duty
applications. Available in 4x2 configurations, the MD6 and MD7 models feature a sharp wheel cut for enhanced
manoeuvrability for tough urban settings. The Mack MD Series will be supported by Mack’s extensive dealer network.

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Airbus Helicopters (Netherland) launches new collaborative customer portal
and online Marketplace
43
Airbus Helicopters has unveiled a number of improvements to its digital services ecosystem based on feedback from customers,
including the new collaborative AirbusWorld customer portal and an online Marketplace making e-commerce practices from the
consumer world available to Airbus customers. The new collaborative portal, which replaces Keycopter, offers a simplified and
streamlined navigation and user experience, integration of the global network of service and training centres, and new
functionalities such as an online catalogue and online communities to foster open dialogue among operators and with Airbus
Helicopters. AirbusWorld is also an integral part of the Connected Services end-to-end digital solution, enabling customers to
manage their data and consult a growing number of Airbus analytics on the platform. The new online Marketplace brings B2C
e-commerce practices to the helicopter industry. An evolution of the current eOrdering service of AirbusWorld, the Marketplace
proposes a wide selection of high-demand products and parts – tools & ground support equipment, chemicals, hardware and more
– to customers via specialised vendors. Benefits for customers include a more diverse worldwide product inventory, including
non-Airbus Helicopters products; a one- stop-shop approach at one online location; a more competitive offer; faster turnaround
times with delivery direct to customer premises; and the ability to choose from a wider range of quantities. At Heli-Expo, four
U.S.-based companies – Wesco Aircraft, Boysen Aerospace, PPG Aerospace and Addev Materials – signed vendor agreements
with Airbus, making them official vendors of these supplies on the Airbus Helicopters marketplace in North America.

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Cummins (USA) showcases newest 12kW Tier 4 Final mobile power generator
technology at ARA
44
Cummins Inc. announced it will showcase the 12kW mobile generator set, the newest addition to the Tier 4 Final mobile
generator product line at the American Rental Associate Show.The generator packaging components are manufactured by
Cummins, a company synonymous with innovation, dependability and service for over 100 years, to ensure operations will be
always on, 24 hours a day, seven days a week. The C12D6RE is powered by a U.S Tier 4 Final certified, 4-cycle liquid cooled
diesel engine, meeting stringent EPA standards. The new mobile generator model can operate reliably across extreme
temperatures, heavy airborne dust and highly humid conditions ranging from -20 °F to 120 °F. The generator’s enclosure
incorporates a weatherproof sound attenuation able to withstand extreme weather, while minimizing the generator’s noise levels
at the same time. The unique sound-controlled housing covering the cooling system and muffler on the 12kW model further
simplifies the installation process. The C12D2RE is rugged and robust by design and the new heavy-duty trailer ensures even
greater reliability for any mobile power application. This new model can support a variety of industries requiring mobile power,
ranging from entertainment venues to construction sites and industrial manufacturing operations located in urban or remote
locations. The generator’s built-in self-diagnostic capabilities can simplify troubleshooting. As a result, customers can expect
more stability, greater uptime and lower labor costs leading to lower total cost of ownership.

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Hydro Systems (USA) Launches Versatile Single-Pump Warewash Dispenser
45
Hydro Systems, part of PSG and Dover announced the introduction of the CP-500, a single pump dispenser. The
CP-500 is a versatile and easy-to-use unit for automatic ware washing in commercial kitchens. It is designed to
deliver the full range of dishwashing products, including, rinse aid, detergents and sanitizers. Straight-forward
and quick to install, the CP-500 is pre-wired and easily programmed using two analog adjustments for time or
speed, meaning the unit can be on the wall and delivering product in a matter of minutes. The CP-500 is a reliable
unit for single tank, door-style machines or glass washers, and is the ideal choice for those who require an
economic dispenser that minimizes service costs at smaller accounts. The CP-500 delivers on Hydro’s trademark
capabilities of accuracy and reliability with fewer features to accommodate tighter budgets. The unit has an
attractive and sleek design and a small footprint that allows it to fit in areas with minimal wall space. It also meets
all applicable global electrical standards, including UL and CE approvals.

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Eastman (USA) showcases sustainable cosmetics portfolio at LUXE PACK LA
46
Global specialty plastics provider Eastman showcases its sustainable cosmetics portfolio at LUXE PACK Los Angeles at the Los Angeles
Convention Center. Eastman will feature new-generation Eastman Trēva™ engineering bioplastic with more than 70% sustainable content and
Cristal Revēl™ copolyesters, compounded polyesters that are made from post-consumer recycled content, as well as Eastman copolyesters that
include RIC 1 options. Eastman initially unveiled its sustainable packaging breakthroughs at LUXE PACK MONACO, where it won the 2019
LUXE PACK in green Award in the Responsible Initiatives category for activating the circular economy. Eastman's sustainable packaging
solutions are part of The Glass Polymer™ family of cosmetic materials, produced through Eastman's three recycling technology loops: carbon
renewal technology, polyester renewal technology and mechanical recycle stream technology. Utilizing CRT, Eastman is now producing a next
generation of Trēva with 71.5% sustainable content. This is achieved by adding certified recycled content via mass balance allocation to Trēva's
48% biobased content. CRT is a chemical recycling technology that diverts mixed plastic waste from landfills and converts it to syngas, which is
then used to produce a variety of Eastman products, including Trēva. With PRT, Eastman is now able to incorporate high levels of certified recycled
content into its entire portfolio of cosmetic materials, including Eastman Cristal™ EV600 copolyester. PRT is a chemical recycling process that
uses different technologies, such as glycolysis, to recycle mixed polyester waste, including colored PET and Eastman copolyesters, into virgin-like
polymers with zero drop-off in performance, safety or aesthetics. A later phase of PRT using methanolysis to break down a wide variety of waste
polyesters will be fully operational by 2022.

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Eastman (USA) demonstrates sustainable solutions at industry packaging conference
47
Global specialty plastics provider Eastman features its sustainable packaging polymers at The Packaging Conference in Austin, Texas, Feb. 3-5.
Eastman will demonstrate how it has reinvented its material production processes and replaced fossil fuels with waste plastic as feedstock. The
company's Advanced Circular Recycling technologies—carbon renewal technology and polyester renewal technology use hard-to-recycle waste
plastic to create new materials with zero drop-off in performance, safety or aesthetics.Eastman's Advanced Circular Recycling technologies offer
beginning-of-life and end-of-life solutions for plastic packaging that might otherwise end up in landfills. These technologies create new products
with high percentages of recycled content achieved through certified mass balance allocation with no diminishment in performance. The new
technologies also enable closed-loop solutions so that the resulting products can be infinitely recycled. Eastman is leveraging these technologies
for applications in cosmetics and food and beverage packaging as well as in its full line of resins for shrink films, including APR-approved
Eastman Embrace Encore™ and Eastman Embrace Float™ copolyesters. Eastman unveiled sustainable packaging innovations for cosmetics at
LUXE PACK MONACO and won the 2019 LUXE PACK in green Award in the Responsible Initiatives category for activating the circular
economy via three recycling processes, including mechanical recycle stream technology in addition to Eastman's Advance Circular Recycling
technologies. During the show, the company introduced next-generation Eastman Trēva™ engineering bioplastic, made with both biobased and
certified recycled content, and Eastman Cristal Revēl™ copolyesters, a new line of proprietary compounded polyesters made with post-consumer
recycled content.

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Eastman (USA) launches new portfolio of flame-resistant polymers at MD&M West
48
Global specialty plastics provider Eastman demonstrates its commitment to mitigating patient and clinician risk with
superior materials for medical devices at the 35th annual Medical Design & Manufacturing West expo in Anaheim,
California. Eastman debuts a new portfolio of polymers for the housing and hardware of electronic medical devices.
The MXF product line that started with Eastman Tritan™ MXF121 is built on Tritan's proven durability and
disinfectant resistance, and Eastman will soon be launching products that feature a UL 94 V-2 flame resistant rating.
The result of Eastman's collaborative process is a collection of flame-resistant polymers for electronic medical device
housings and hardware. These materials offer unsurpassed chemical compatibility with a wide range of disinfectants
used to combat HAIs as well as improved durability and higher impact strength. Materials in the Eastman Tritan MXF
portfolio enable ease of processing, with lower ejection force for easier de-molding. Eastman Tritan MXF copolyesters
can save money across the value chain due to reduced repairs, returns and warranty claims from device breakage, a low
scrap rate and the lack of retooling necessary when changing from PC/ABS to Tritan MXF. Furthermore, using only
Tritan MXF in an assembly reduces expenses associated with the use of multiple polymers which can cause
discoloration and durability issues.

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Eaton (Ireland) introduces new Advantage Automated Series clutches for popular automated
transmissions
49
Power management company Eaton announced it has expanded its Advantage Automated Series clutches to support
popular automated transmissions available in the North American market, rounding out its aftermarket automated
clutch portfolio. The announcement will be made at the Heavy-Duty Aftermarket Week show, in Grapevine, Texas.
The Advantage Automated series clutches fit the unique needs of automated transmissions, which are featured on
more than 75 percent of new heavy-duty trucks sold in North America. Eaton is a power management company with
2018 sales of $21.6 billion. We provide energy-efficient solutions that help our customers effectively manage
electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton is dedicated to improving
the quality of life and the environment through the use of power management technologies and services. Eaton has
approximately 101,000 employees and sells products to customers in more than 175 countries.

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Eaton (Ireland) introduces new Bezares PTOs for Endurant and Detroit automated
transmissions
50
Power management company Eaton announced it will expand its mobile power take-off portfolio to include two
new Bezares PTO units. These new offerings complement the all-makes portfolio already available for a variety of
vehicles and transmissions in operation in North America. Eaton will distribute the Bezares 95X series four-bolt,
rear-mounted PTO for the Eaton Cummins Automated Transmission Technologies Endurant™ 12-speed automated
transmission and the new Bezares PTO for the Detroit™ DT12™ automated transmission. The announcements will
be made at the Heavy-Duty Aftermarket Week show on Jan. 28, in Grapevine, Texas. Eaton announced in early 2019
its Vehicle Group’s Aftermarket division had reached a distribution agreement with Bezares SA to become the North
American master distributor for its mobile power hydraulic portfolio. The heavy-duty, two-gear 120X series PTO is
built from an aluminum housing, coupling heavy-duty strength with light weight, and fits models
DT12-DA/14.93-1.0 and DT12-OA/14.96-1.0. Featuring internal ratios from 1:1 to 1:1.8, the 120X PTO series
integrates with the auxiliary systems of the DT12 transmission and offers four different output options. The PTO
housing is designed to improve clearance and ease of installation, while the DIN output option permits multiple
configuration options. A lube pump flange is included with the PTO, simplifying ordering and installation.

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Emerson (USA) Introduces New Level Switches to Optimize Operations and Increase
Safety in Solids Applications
51
Emerson has introduced a range of new Rosemount™ solids level switches designed to optimize operations,
increase safety and reduce waste by providing reliable point level monitoring and supporting overfill prevention.
The introduction of switches based on four proven and trusted technologies enables Emerson to offer a complete
product portfolio for continuous and point level solids measurement. This ensures that the appropriate solution can
be deployed to meet every application requirement. The vibrating fork, paddle, capacitance and vibrating rod
switches within the new Rosemount range ensure reliable monitoring of solid materials such as powders, grains and
pellets in all silo types across industries including food and beverage, agriculture, chemical, power, cement, mining
and plastics. The compact, easy-to-operate switches require low levels of maintenance and are suitable for operation
in extremely challenging environments, including those with high temperatures, high pressures, dust and risk of
explosion. The switches can be used to provide standalone point level monitoring to help optimize filling and
emptying cycles. They can also be deployed within an overfill prevention system, helping to prevent wasted
materials, environmental impact, high clean-up costs and damage to the silo.

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Emerson (USA) Launches Modular Industrial Displays to Minimize Lifecycle Cost in
Industrial Applications
52
Emerson has released the new portfolio of RXi industrial display and panel PC products for monitoring, visualizing
and enhancing everyday production processes in life sciences, metals and mining, power and water, and manufacturing
and machinery. A modular design is foundational to the industrial display platform, enabling users to select the right
configuration based on application needs and minimizing lifecycle cost through flexibility, easy serviceability, and
field upgradeability. In addition, the vivid and responsive displays improve an operator’s capabilities to make better
decisions. RXi industrial displays are designed to work with both Emerson’s programmable logic control,
programmable automation control solutions and third-party control systems. The RXi industrial display portfolio
features standardized physical designs to minimize the variety of enclosure cutouts required for OEM applications,
making each display easily replaceable and upgradeable in the field with no need to modify existing or install new
cabinets. Displays are available in sizes ranging from seven to 24 inches, providing a single, scalable platform for a
multitude of operations and applications. Key features for all models include vivid projective capacitive, multi-touch
screens that can operate in temperatures from -4 to 149 degrees Fahrenheit (20 to 65 degrees Celsius) and optional
sun-light readable screens on select sizes.

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Emerson’s (USA) Exploration and Production Software Suite Drives Customer
Success Using Accelerated Automation and Cloud Hosting
53
Emerson announced the release of the Paradigm™19 integrated oil and gas exploration and production software suite, featuring
automated workflows that enhance productivity while reducing user effort. Based on proven science that delivers maximum
information about the subsurface, Paradigm 19 optimizes model accuracy, reduces outcome uncertainty and saves costs across
the customer’s organization. This release expands the Paradigm software cloud-hosted solution to include Emerson’s entire
exploration and production portfolio. Also available as an on-premise solution, Paradigm 19 continues to deliver advanced
software applications while ensuring maximum scalability and performance at all levels of use. Among the main features of
Paradigm 19 are new workflows for interpreters, offering its wide range of technologies in the same integrated platform where
day-to-day interpretation is performed. This eliminates the challenges associated with moving data between platforms and
minimizes the need to learn new applications, resulting in improved productivity and faster product adoption. The new release
incorporates additional automation to help customers improve performance throughout the E&P process, including the use of
machine learning for accelerated interpretation and reservoir characterization. New capabilities include up to 20% higher user
productivity for multi-survey and large-scale interpretation and imaging projects, further automation of the tomographic velocity
model update process and a fully automatic reservoir modeling uncertainty workflow.

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3M M*Modal (USA) Earns #1 Best in KLAS for Speech Recognition:
Front-End EMR
54
3M M*Modal Fluency Direct™, the healthcare industry’s leading cloud-based speech recognition system, has been recognized for
the fourth year in a row with the #1 ranking in Speech Recognition: Front-End EMR by KLAS, an independent healthcare research
firm. The annual 2020 Best in KLAS: Software and Services Report, published January 31, also awarded M*Modal, acquired by
3M in 2019, the top spot as KLAS Category Leader for Clinical Documentation Improvement Software and Speech Recognition:
Front-End Imaging. The Best in KLAS distinction is awarded to vendor solutions that have the broadest operational and clinical
impact on healthcare organizations. Top-performing companies earn the title of Best in KLAS or the designation of KLAS
Category Leader in recognition of outstanding efforts to help healthcare professionals deliver better patient care. The annual KLAS
rankings are based on interviews with healthcare professionals and clinicians from more than 4,500 hospitals and 2,500 clinics.
Top-ranked 3M M*Modal Fluency Direct™ allows physicians to create, edit and sign reports directly in the electronic health
record (EHR). Integrated with over 250 EHRs, including all major platforms, cloud-based Fluency Direct combines speech and
natural language understanding technologies to contextually understand the physician narrative. The system’s computer-assisted
physician documentation feature delivers in-workflow insights to clinicians in real time, enabling a seamless documentation
experience with unparalleled accuracy across care settings, devices, clinical workflows and applications. Named the #1 KLAS
Category Leader.
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AECOM (USA) receives a perfect score on the Human Rights Campaign
Foundation’s 2020 Corporate Equality Index for the third year in a row
55
AECOM, the world’s premier infrastructure firm, announcedthat it has earned a perfect score of 100 on the Human Rights
Campaign Foundation’s 2020 Corporate Equality Index and been designated a Best Place to Work for LGBTQ Equality in the
United States. The Corporate Equality Index is the national benchmarking tool on corporate policies and practices pertinent to
LGBTQ employees. The perfect score puts AECOM among the top-ranked firms within the engineering and construction sector for
a third year. AECOM strongly believes in a culture of inclusion and diversity— a safe and respectful work environment where the
best and brightest are invited to bring their talents, backgrounds and expertise to bear on some of the world’s most complex
problems. We’re committed to engaging our employees globally to understand regional inclusion and diversity opportunities,
building leadership accountability and expanding recruitment efforts to ensure a workforce reflective of our communities. The
Human Rights Campaign and Foundation together serve as America’s largest civil rights organization working to achieve LGBTQ
equality. By inspiring and engaging individuals and communities, HRC strives to end discrimination against LGBTQ people and
realize a world that achieves fundamental fairness and equality for all. The CEI criteria reflect leading policies, benefits and
practices for the LGBTQ workforce and their families in the United States.
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AECOM (USA) recognized by Fortune magazine as a World’s Most Admired
Company for sixth consecutive year
56
AECOM, the world’s premier infrastructure firm, announced that it has been named to Fortune magazine’s list of the World’s Most
Admired Companies for the sixth consecutive year.The annual survey is conducted by Fortune and global management consulting
firm Korn Ferry, with top executives, directors and securities analysts rating enterprises in their own industry on nine criteria, from
investment value and quality of management and products to social responsibility and ability to attract talent. In fiscal year 2019,
AECOM delivered strong financial results that exceeded its expectations on nearly every key financial metric, and enhanced value
for its employees, clients and investors. Its teams advanced innovative solutions and delivered transformative work that will leave a
lasting legacy – from the development of new megacities in the Middle East to skyline-shaping projects in New York City, from
iconic new stadiums and arenas in Los Angeles to critical transportation projects in the United Kingdom and first-of-their-kind
environmental solutions in Hong Kong. Further, AECOM continued to demonstrate its commitment to fostering the diversity of its
workforce, achieve world-class safety results, infuse sustainability principles throughout the organization and give back to
communities through its Blueprint for a Better World corporate responsibility platform.
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Air Liquide (France) obtains the highest score from the CDP for its sustainable
water management
57
Air Liquide has been awarded an “A” from the CDP, recognizing this time its reporting on actions for sustainable water
management. With this score, which complements the one received for its climate action, Air Liquide enters the narrow circle of
companies that have obtained a double "A" from the CDP, a non-profit organization that evaluates companies on their
environmental action. Air Liquide has been named on the CDP “A-List” as one of the world’s best-performing companies for
sustainable water management. At the beginning of the year, the company also scored an “A” for its climate action. This double
“A” recognizes a commitment to the environment, including an important milestone with the announcement of the most ambitious
Climate objectives in its sector. This latest recognition is also the result of a transparency policy that has been implemented by Air
Liquide for several years. Its Sustainability approach is embedded in the company’s strategy and the Group’s extra-financial
information is published in most of its communication material. In 2019, more than 8,400 companies made data about their
environmental impacts available to CDP (with a focus on climate, water and forests) for independent assessment purposes. Of those
companies, only 38 scored a triple or double “A”, among which 3 French companies, including Air Liquide.
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Air Liquide (France) recognized by the CDP as one of the best-performing
companies in the fight against climate change
58
Air Liquide has integrated the prestigious “A-list” established by the CDP, a non-profit organization that evaluates companies
based on their climate action. This year, Air Liquide has been awarded an “A” rating, the highest score available from the CDP.
This rating recognizes the Group as one of the companies most committed to the fight against climate change. In November 2018,
the Group announced the most ambitious Climate objectives in its sector, including Air Liquide’s commitment to reducing its
carbon intensity by 30% by 2025. Its global approach combines action on its own assets, for its customers and in developing
low-carbon ecosystems. With this award, the CDP recognizes a long-established strategy for sustainable growth. This is notably
illustrated by the company’s development in hydrogen energy and biomethane, and the Group’s participation in numerous
innovative projects alongside its customers in the metal and petrochemical industries. Every year, the Group dedicates around 100
million euros of innovation expenses to reduce its carbon footprint and that of its customers. More than 40% [1] of its investment
decisions are allocated to address environmental and climate challenges. The Group’s many actions to promote sustainable growth
are regularly recognized by the various non-financial rating agencies. The Group also features in major CSR indices
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Airbus (Netherland) receives ‘Top Employers’ certification in Spain
59
Airbus has been awarded ‘Top Employers 2020’ certification in Spain by the Top Employers Institute. This
certification recognizes Airbus’s people-oriented business culture and commitment to social policies in the field of
human resources. The Top Employers Institute is an independent body which has established itself as the global
authority on recognizing excellence in people management. Founded over 28 years ago, the Top Employers
Institute has certified over 1,500 organizations in 118 regions across the world. The Top Employers human
resources best practices survey contains over 100 questions covering 600 ‘people development’ practices across
10 topics: talent strategy, workforce planning, talent acquisition, on-boarding, learning and development,
performance management, leadership development, career and succession management, compensation and
benefits, and culture. airbus has shown that implementing human resources strategies enriches the working life of
its employees. It’s a good example of a company devoted to people, with an ongoing commitment to offering its
employees a better working environment
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CDP again rates Bayer (Germany) as one of the leading international companies
for water management
60
Renowned ratings organization CDP has given Bayer the top rating of “A” in its latest list for water security. On behalf of institutional
investors, CDP analyzed data from over 8,400 companies worldwide about their strategic management of water – a limited resource. Less
than one percent worldwide and only two companies in Germany achieved an A rating. Professional investors expect to receive information
from companies on how they are managing risks arising from extreme weather events such as droughts and floods, which are increasing in
frequency due to climate change, and what solutions they are developing. The non-profit organization CDP states that, in 2019, it gathered
corporate data relating to water security, climate change and forests on behalf of 525 institutional investors, representing a total asset value
of USD 96 trillion. Bayer sees enormous potential for more efficient water usage in agriculture, which taps into a significant portion of the
world’s water resources. For instance, the company enables farmers to use water and crop protection products with greater precision by
employing digital technologies. In addition, Bayer helps farmers use more efficient irrigation techniques. When it comes to product
innovation, Bayer is also working on developing seed varieties that thrive on less water, or conversely that continue to grow despite
flooding. For example, one type of rice seed is already on the market that delivers reliable yields even in the case of dry conditions, flooding
and salination caused by variable, extreme weather conditions.
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Ecolab (USA) Again Named to Barron’s List of Most Sustainable Companies
61
Ecolab Inc., the global leader in water, food safety and public health technologies and services, ranks #17 on Barron’s
2020 list of the 100 Most Sustainable Companies in the U.S., up nine spots from the company’s #26 position in 2019.
Barron has consistently ranked Ecolab among the top 30 most sustainable companies since the list was developed in
2018. Sustainability is core to Ecolab’s purpose to make the world cleaner, safer and healthier. The company’s solutions
and services help customers achieve their business and environmental goals at the lowest total cost. Ecolab also is
committed to improving its own environmental footprint. To determine the 100 most sustainable companies, Barron’s, in
partnership with Calvert Research and Management, analyzed 1,000 of the largest publicly traded companies in the U.S.
and scored them on 230 performance indicators. Calvert then sorted the data into five key categories: shareholders,
employees, customers, community and the planet. Companies with the highest weighted scores in each of the five
categories were included in the list.
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Ecolab (USA) Named to CDP Water Security A List for Sustainable Water Management
62
Ecolab Inc., the global leader in water, food safety and public health technologies and services, has been named to the
Water Security List, with an A rating by CDP, the nonprofit global environmental disclosure platform. This year’s CDP
Water Security A List recognized 71 companies globally for their sustainable water management initiatives. Ecolab also
received an A- rating from CDP on climate, recognizing the company’s work to mitigate the impacts of climate change,
including aligning its operations and supply chain to the U.N. Global Compact’s Business Ambition for 1.5⁰C. Through
innovative solutions and on-the-ground support, Ecolab helps businesses across all industries reduce reliance on the
world’s limited natural resources, including water and energy. In 2018, Ecolab helped customers conserve nearly 190
billion gallons of water, equivalent to the annual drinking water needs of more than 657 million people. By reducing
water use, Ecolab also helped customers save more than 19 trillion BTUs of energy and avoid 2.4 billion pounds of
greenhouse gas emissions. Companies named to the A List are recognized as pioneers for their action on climate change,
water and deforestation. Thousands of companies disclose their environmental data and are rated on the
comprehensiveness, transparency and performance of their sustainability programs.
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Ecolab (USA) Named to Bloomberg Gender-Equality Index
63
Ecolab Inc., the global leader in water, food safety and public health technologies and services, has been named to
Bloomberg’s 2020 Gender-Equality Index. The GEI tracks the financial performance of public companies committed to
supporting gender equality through policy development, representation and transparency. Ecolab is one of 325
companies across 50 industries to be included in the 2020 index. The GEI measures gender equality across five pillars:
female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and
pro-women brand. This year, Bloomberg expanded the eligibility for inclusion in the index to nearly 6,000 companies
across 84 countries and regions. The GEI expanded in 2020 to represent 84 countries and regions and a variety of
industries, including automotive, banking, consumer services, engineering and construction, and retail. Through
disclosure of gender-related metrics using the GEI framework, the firms included in the 2020 GEI have provided a
comprehensive look at their investment in workplace gender equality and the communities in which they operate.
Ecolab was included in this year’s index for scoring at or above a global threshold established by Bloomberg to reflect a
high level of disclosure and overall performance across the framework’s five pillars.
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Ecolab (USA) Earns Perfect Score on the 2020 Human Rights Campaign Corporate
Equality Index
64
Ecolab Inc., the global leader in driving business performance while protecting people and vital resources, has
received a perfect score of 100% on the 2020 Corporate Equality Index, a national benchmarking survey and report
on corporate policies and practices related to LGBTQ workplace equality, administered by the Human Rights
Campaign Foundation. This is Ecolab’s eighth consecutive year, and tenth overall, with a perfect score on the
Corporate Equality Index. The 2020 Corporate Equality Index rated 1,059 businesses by evaluating their
LGBTQ-related policies and practices, including non-discrimination workplace protections, domestic partner
benefits, transgender-inclusive health care benefits, competency programs and public engagement with the LGBTQ
community. Ecolab received a 100% ranking and the designation as a Best Place to Work for LGBTQ Equality.
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Ecolab (USA) Again Named One of the World's Most Admired Companies
65
For the sixth consecutive year, Ecolab Inc., the global leader in water, food safety and public health technologies and
services, has been recognized as one of the World’s Most Admired Companies by Fortune magazine. Fortune’s
recognition measures companies based on nine criteria of corporate reputation, from investment value and quality of
management and products, to social responsibility and ability to attract talent. Within the chemicals industry, Ecolab
ranked second overall. Fortune’s World’s Most Admired Companies list is based on responses from thousands of
survey participants, including executives, directors and analysts, who rate companies in their industry on nine
criteria. The survey included a total of 680 companies from 30 countries.
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Indorama Ventures (Thailand) Named in Two Global Sustainability Indices for the
Fourth Consecutive Year
66
Indorama Ventures Public Company Limited, a global chemical producer, has been selected as a member of the
FTSE 4 Good Index Series for the fourth consecutive year following the December 2019 index review. With an
increase in overall score from 4.3 in 2019 to 4.6 in 2020 - the highest ESG score out of all chemical companies, IVL
has been notably acknowledged in areas including corporate governance, pollution & resources and climate change,
standing at the top amongst included chemical companies. The company has also been highly ranked in risk
management and gas emissions reduction from an international non-profit organization in climate change area for the
fourth consecutive year. Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB),
is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Africa, Asia
Pacific, Europe and Americas. The company’s portfolio comprises Integrated PET, Olefins, Fibers, Packaging and
Specialty Chemicals. Indorama Ventures products serve major FMCG and automotive sectors, i.e. beverages,
hygiene, personal care, tire and safety segments. Indorama Ventures has approx. 20,000 employees worldwide and
consolidated revenue of US$ 10.7 billion in 2018. The Company is listed in the Dow Jones Emerging Markets and
World Sustainability Indices.
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Ingersoll Rand (Ireland) Named One of the World’s Most Admired Companies by FORTUNE
67
Ingersoll-Rand plc, a world leader in creating comfortable, sustainable and efficient environments, has been named
one of the “World’s Most Admired Companies” by Fortune for the eighth consecutive year. Developed annually by
FORTUNE Magazine and the Korn Ferry Hay Group, the World’s Most Admired Companies list is the definitive
report card on corporate reputation. To determine the best-regarded companies in 52 industries, Korn Ferry asked
executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value
and quality of management and products to social responsibility and ability to attract talent. In April 2019, Ingersoll
Rand announced that it would spin off and merge its Industrial segment with Gardner Denver to create a global
industrial leader, expected to be called Ingersoll Rand. The remaining company, a global climate innovator, will be
named Trane Technologies and is expected to trade on the New York Stock Exchange under the ticker “TT.” The
transaction is expected to close in early 2020.
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Jacobs (USA) Ranked on Fortune's 2020 World's Most Admired Companies List and Forbes
Best Employers for Diversity 2020
68
Jacobs has been ranked on Fortune's 2020 World's Most Admired Companies list in its sector, securing the No. 1 spot this
year for the second year in a row. The annual survey, conducted by Fortune and Korn Ferry, is given to top executives,
directors and financial analysts for identifying companies with the strongest reputations within and across industries.
Additionally, Jacobs ranked on Forbes Best Employers for Diversity 2020 list for the first time, and for the second year in a
row, Jacobs has received a score of 100% on the Human Rights Campaign Foundation's 2020 Corporate Equality Index.
Fortune's 2020 World's Most Admired Companies list is the definitive report card on corporate reputation. To compile the
rankings, corporate reputation and performance are measured against nine key attributes: innovation, people management,
use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of
products and services and global competitiveness. Jacobs secured its ranking through their collective performance in each
key attribute of reputation within the industry. The Forbes Best Employers for Diversity 2020 were chosen based on an
independent survey from a representative sample of 60,000 employees working for companies employing at least 1,000
people in their U.S. operations. Respondents were asked questions regarding the topics of age, gender equality, ethnicity,
disability, LGBTQA+ and general diversity concerning their own employer.
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Komatsu (Japan) has been identified as Climate "A" List company by CDP
69
Komatsu Ltd. has been awarded a position on this year’s A List for climate by CDP, the non-profit global environmental
disclosure platform. The A-List is awarded to companies which are recognized as international leaders of managing climate
change. Every year, thousands of companies disclose data about their environmental impacts, risks and opportunities to
CDP for independent assessment against its scoring methodology. In 2019, over 525 investors with over US$96 trillion in
assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose data on
environmental impacts, risks and opportunities through CDP’s platform and over 8,400 responded. Companies receive
scores of A to D- for how effectively they are tackling climate change, deforestation and water security. Komatsu has
conventionally positioned environmental activities as one of top management priorities. In the mid-range management plan,
which began in April 2019, Komatsu has also defined ESG (Environment, Social and Governance) as one of focused efforts
and implemented aggressive activities. In particular, Komatsu has been promoting SMARTCONSTRUCTION designed to
achieve Construction Jobsites of the Future by using Machine Control construction equipment and IoT in order to
significantly reduce CO2 emissions in the entire lifecycle of construction equipment. Komatsu has also been making efforts
to achieve high-level energy savings of production sites through IoT-based "connectivity". As an industrial leader, Komatsu
is determined to drive its activities to realize a low-carbon society.
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LANXESS (Germany) honored by CDP for climate protection
70
LANXESS has been recognized by the international climate protection initiative CDP as a global leader in climate
protection. The company received the highest rating in the most recent evaluation and is now listed as one of 179
companies worldwide in the "Climate Change A List". LANXESS is among the top two percent out of 8,400 companies
evaluated by CDP. This is the third inclusion in the "Climate Change A List" for the company, which has been disclosing
data relevant to climate protection as part of the program since 2012. The rating "A" is given to companies that stand out in
terms of transparency and completeness of reporting as well as actual climate protection performance. Specifically, this
includes that companies already report in line with the requirements of the "Task Force on Climate-related Financial
Disclosure.” A key element is the presentation of risks and opportunities as well as the business strategy with regard to
climate change. The requirements of the TCFD will only be implemented in European legislation for financial reporting in
the coming years. In the last few months, LANXESS has focused its business activities even more strongly on
sustainability, with climate protection and energy efficiency being key topics.
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LG (South Korea) Display receives Eye Comfort Display certification for automotive
P-OLED displays from TUV Rheinland
71
LG Display, the world’s leading innovator of display technologies, announced that it has received Eye Comfort Display
certification for its automotive P-OLED displays from TÜV Rheinland, a global leader in independent inspection services.
This is the first automotive display in the industry to receive Eye Comfort Display certification. Using plastic substrates
instead of glasses, LG Display’s P-OLED displays offer high design flexibility to meet the driver’s needs while maintaining
the excellent picture quality of OLED. With its newly-certified P-OLED automotive displays, LG Display will help drivers
experience greater eye comfort at any time, even when driving in strong sunlight or at night, as well as meeting the growing
needs for higher picture quality of automotive displays. The Eye Comfort testing process measures three categories: light
reflection ratio, blue light content, and picture quality. LG Display’s automotive P-OLED displays scored 0.22% in the light
reflection test. This figure is far below the threshold of 1%. The P-OLED displays also scored 23% for blue light content,
which is less than half of the standard of 50%. Additionally, this figure is just one third of the excess blue light emitted by
automotive LCD panels. The company’s P-OLED displays also met all testing criteria for picture quality, including color
reproduction, contrast ratio, and brightness.
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LG Display’s (South Korea) OLED TV displays Receive "Low Blue Light Display
(OLED)" Verified Mark from UL
72
LG Display, the world’s leading innovator of display technologies, announced that it has received the “Low Blue Light
Display (OLED)” Verified Mark from UL, a leading global safety science company, for its OLED TV displays. LG Display
expects that the UL Verified Mark will further underscore the value of OLED TVs and prompt consumers to be more
interested in selecting them. The company will encourage its global OLED TV brands and distributors to use the Mark. This
UL Verified Mark makes it clear that LG Display’s OLED TV displays exceed the highest international standards with
regard to eye safety. These OLED displays are already touted for their unmatched picture quality and design flexibility in
the market, and now we expect that OLED’s recognized value in terms of eye health will further convince consumers to opt
for OLED TVs down the road.
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LyondellBasell (UK) Named to Fortune Magazine's "World's Most Admired Companies"
List for Third Consecutive Year
73
LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, announced it has been named to
Fortune Magazine's 2020 list of the "World's Most Admired Companies." This marks the third year that LyondellBasell has
made the list, which identifies the organizations with the strongest reputations across a variety of industry sectors.
In 2019, LyondellBasell:
• played a leadership role in creating and launching the first global, cross-value chain Alliance to End Plastic Waste;
• collaborated with Samsonite to create a suitcase collection made of 100 percent post-consumer plastic waste provided
through our Quality Circular Polymers joint venture with SUEZ;
• advanced our molecular recycling capabilities and announced the construction of a small-scale pilot plant in Ferrara, Italy
to convert post-consumer plastic waste into feedstock;
• successfully produced plastics at commercial scale using sustainable bio-based raw materials, such as waste and residue
oils in collaboration with Neste; and,
• announced Memoranda of Understanding to form two joint ventures in China which will produce chemicals used in a
variety of applications including construction materials, packaging and furnishings.
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PCA (USA) Named One of “America’s Most Responsible Companies” by Newsweek
Magazine
74
PCA has been named to Newsweek magazine’s 2020 list of “America’s Most Responsible Companies” — one of only 300
companies to make the list. To receive this recognition, the largest 2,000 U.S. companies by revenue are considered. To be
eligible, companies must publish a Sustainability Report and meet certain other criteria. Statista evaluated the remaining
companies on relevant performance indicators in three areas: environmental stewardship, social responsibility and corporate
governance. The process also involves a survey of more than 6,000 U.S. citizens regarding their perception of the
companies being considered. This recognition is really an acknowledgement of the hard work of PCA’s 15,000 employees.
They all share in our company’s vision of doing the right things, utilizing the power of strong collaborative relationships
and delivering innovative packaging solutions and an outstanding service experience. Their sustainability strategy is no
different than our business strategy.
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PPG (USA) earns two Chairman’s Awards from Metal Construction Association
75
PPG announced that it received two 2019 Chairman’s Awards from the Metal Construction Association during the
organization’s 2020 Winter Meeting in Palm Springs, California. In the Municipal category, PPG was honored for its
contributions to the Calgary Central Library in Alberta, Canada, which features PPG DURANAR™ coatings on window
frames and other extruded components. Designed to evoke snowflakes or cracked ice on a lake, the coatings include two
PPG Duranar colors – Bright White and Broken Ice, a custom color topped by a pearlescent clearcoat. The coatings were
applied by Hydro of Portland, Oregon, a member of the PPG CAP CERTIFIED APPLICATOR PROGRAM™, and Apel
Extrusions of Calgary. The library, which was designed by Snøhetta of Oslo, Norway, and DIALOG of Calgary, is
characterized by a dynamic triple-glazed façade that incorporates more than 460 alternating polygonal panels of fritted glass
and iridescent aluminum. In the Institutional category, PPG was recognized for supplying PPG Duranar coatings for the
Menil Drawing Institute in Houston. The coatings were used on metal roofs covering the building’s east and west
courtyards. Overly Manufacturing of Greensburg, Pennsylvania, manufactured the metal roofing panels. Tnemec Company
of Compton, California, was the coatings applicator.
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PPG (USA) Earns High Marks on 2020 Corporate Equality Index
76
PPG announced that the company earned a 90% score on the Human Rights Campaign Foundation’s 2020 Corporate Equality
Index, a national benchmarking assessment and report on corporate policies and practices involving lesbian, gay, bisexual,
transgender and queer workplace equality. Created by the HRC in 2002, the CEI is regarded as the leading benchmark for corporate
policies and practices relating to LGBTQ employees and their families, as well as workplace inclusion. The index examines
LGBTQ-related policies and practices, including non-discrimination workplace protections, domestic partner benefits,
transgender-inclusive health care benefits, competency programs, and public engagement with the LGBTQ community. PPG has
been listed on the index for 17 years.
The CEI evaluated and scored PPG in the following categories:
• Prohibits discrimination based on sexual orientation for all operations
• Prohibits discrimination based on gender identity or expression for all operations
• Parity between same and different-sex spousal benefits
• Has employer-supported employee resource group or firm-wide diversity council
• Positively engages the external LGBTQ community
• Offers transgender-inclusive health insurance coverage
• Demonstrates numerous LGBTQ internal best practices across workforce
• Engages in corporate social responsibility
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Pulte Mortgage (USA) Named a 2020 Best Mortgage Company to Work
77
Pulte Mortgage announced its recognition as one of the 2020 Best Mortgage Companies to Work for by National Mortgage News
and Best Companies Group. Pulte Mortgage is a subsidiary of PulteGroup, one of the nation’s largest homebuilding companies.
Presented by National Mortgage News, the second annual Best Mortgage Companies to Work For awards program recognizes the
best employers in the mortgage industry. Conducted in collaboration with the Best Companies Group, the top 40 companies are
identified based on the results from a comprehensive survey of employees, in combination with a review of the employer’s benefits
and policies. The employee survey covers eight areas: Leadership and Planning; Corporate Culture and Communications; Role
Satisfaction; Work Environment; Relationship with Supervisor; Training, Development and Resources; Pay and Benefits; and
Overall Engagement.Pulte Mortgage is a wholly owned financial services subsidiary of PulteGroup, Inc. that focuses on the
financing of new construction homes for customers of Pulte Homes, Centex, Del Webb, DiVosta, American West, and John
Wieland Homes. Founded in 1972, Pulte Mortgage has financed more than 700,000 homes from coast-to-coast while offering
borrowers more than 200 different home loan solutions.
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Rockwell Automation (USA) Earns Top Marks in 2020 Corporate Equality Index for
Eighth Consecutive Year
78
Rockwell Automation, Inc. proudly announced that it received a perfect score of 100 percent on the 2020 Corporate Equality Index,
the Human Rights Campaign Foundation’s national benchmarking survey and report on corporate policies and practices related to
LGBTQ+ workplace equality. Launched in 2002, the CEI has become a roadmap and benchmarking tool for U.S. businesses in the
evolving field of LGBTQ+ equality in the workplace, using criteria such as workforce protections, inclusive benefits, LGBTQ+
internal training and education best practices, and responsible citizenship. Rockwell Automation’s focus on an inclusionary culture
is evident in all areas of its business, such as its non-discrimination policies that ensure all employees are provided the same rights
and protections, such as with healthcare benefits. Additionally, Rockwell Automation’s employee resource group, ROKOut, offers
real-time perspectives on workplace issues and helps employees navigate and find solutions that work best for them. Rockwell
Automation’s recruitment efforts also emphasize its inclusionary mindset, highlighted by a partnership with Out in Science,
Technology, Engineering, and Mathematics, Inc., a non-profit professional association for LGBTQ+ people in the STEM
community. This partnership allows Rockwell Automation to connect with the STEM community to discuss future innovation and
job possibilities.
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Sekisui Chemical (Japan) selected as one of the 2020 Global 100 Most Sustainable
Corporations in the World for the third year running
79
Sekisui Chemical Co., Ltd. has been selected as one of the 2020 Global 100 Most Sustainable Corporations in the World index.
2020 is the third consecutive and fifth time overall that SEKISUI CHEMICAL has been included in this index. Global 100 is an
index created and maintained by Canadian company, Corporate Knights Inc. It ranks major companies around the world from all
sectors, by looking at corporate sustainability performance from various perspectives such as environment, society, and
governance, and selects the top 100 companies. The 2020 Global 100 was announced at the World Economic Forum Annual
Meeting held in Davos, Switzerland, from January 21 to 24. SEKISUI CHEMICAL was recognized for achievements in multiple
evaluation criteria this year, including clean revenue, resource and clean air productivity, innovation capacity, safety, and employee
retention. Ranked 12th, SEKISUI CHEMICAL was the highest ranked Japanese company among 6 Japanese companies listed in
the Global 100. The SEKISUI CHEMICAL Group is working on its medium-term management plan “SHIFT 2019 -Fusion-” as the
first step toward a new phase of growth. The “S” in SHIFT stands for sustainable, and the Group is pushing to establish a
sustainable business base from the viewpoint of ESG. The SEKISUI CHEMICAL Group will continue to work on improving the
lives of the people of the world and the Earth’s environment, and contribute toward the sustainable growth of society.
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SEKISUI CHEMICAL (Japan) makes CDP's “Climate Change A-List” for 2
consecutive years
80
SEKISUI CHEMICAL CO.is proud to announce that it has been awarded a place on the Climate Change A List by international
environmental impact non-profit CDP. They achieve a place on the A list for 2 consecutive years. CDP is an international non-profit
organization that drives companies and governments to reduce greenhouse gas emissions, safeguard water resources, and protect
forests. As of 2019, companies were requested to disclose their environmental data by over 525 investors and about 125
organizations. CDP collects and assesses this data and scores companies from A to D- based on how they are tackling climate
change, deforestation and water security. For 2019, 38 Japanese companies, including SEKISUI CHEMICAL, were selected as
Climate Change A-List companies. The CDP Climate Change A listing is recognition of SEKISUI CHEMICAL Group’s
achievements in environmental practices. They seek to “contribute to improving the lives of the people of the world and the Earth’s
environment” as stated in our Group Vision, and aim to establish a sustainable business base from the ESG perspective.
Specifically, for E, we set a long-term goal of reducing our own greenhouse gas emissions and those of our supply chain and are
actively advancing efforts to address multiple environmental issues including climate change.
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Thyssenkrupp (Germany) named as global leader in climate protection
81
ThyssenKrupp’s climate protection efforts continue to receive global recognition: For the fourth time in a row the non-profit
organization CDP has named ThyssenKrupp as a global leader in climate protection. The Essen-based group is one of 179
international businesses on CDP’s global “A list”. A total of 8,400 businesses took part in the assessment and were ranked on a
scale from A for top performers to F. The program assesses whether companies have fulfilled climate data transparency
requirements and formulated a coherent strategy on how to further improve their own environmental performance as well as that of
customers and suppliers. The information disclosed through CDP is becoming increasingly important also for investors. Demand
for sustainable investment opportunities currently outstrips supply many times over. For several years now, global asset managers
have recognized climate change as one of the three biggest global risks. CDP carries out its annual assessment on behalf of over
500 investors with assets of more than 96 trillion US dollars. The organization has the world’s largest collection of corporate
climate data which is recognized as a benchmark by the capital markets.
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Toray (Japan) Recognized as a Water Security A List company, Top Marks, by
CDP
82
Toray Industries, Inc., announced that the Carbon Disclosure Projecthas included the company for the first time in its Water
Security A List. The international non-profit organization made the selection in surveying the protection of water resources.This
recognition reflects Toray Group’s ongoing initiatives to help safeguard such resources, setting and reaching specific targets in that
regard.In recent years, climate change has resulted in irregular rainfalls, aridification, and increasingly dire water shortages
worldwide. Global population growth has led to almost 500 million people suffering from water shortages. Demand for food in
emerging nations is set to rise in the years ahead, making such shortages a key factor in possibly frequent famines from crop
failures. Access to water and sanitation for all is accordingly one of the United Nations’ Sustainable Development Goals. Toray
Group has long endeavoured to develop revolutionary technologies and advanced materials that benefit societies by helping resolve
a range of environmental issues. Such efforts are in keeping with its commitment to innovating ideas, technologies, and products
that deliver new value. It has done much to alleviate water shortages around the world by developing and supplying desalination
and other water treatment technologies.
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Volvo Penta (Sweden) receives innovation award for its DPI drive
83
Volvo Penta has won a prestigious innovation award for its DPI driveline at the Dusseldorf International Boat Show. The Volvo
Penta team onsite to receive the award. Volvo Penta has been recognized at the German boat show - boot Dusseldorf. Presented at
the prestigious Flagship Night within the category of European Powerboat of the Year 2020, the award recognizes the
industry-leading features of Volvo Penta’s all-new aquametric sterndrive. Introduced during 2019 as part of the company’s next
generation D4/D6 propulsion system, the DPI drive further enhances Volvo Penta’s trademark easy boating experience. The DPI
drive has been designed to deliver enhanced performance, easier maintenance and greater reliability for boat owners. The new
hydraulic clutch ensures a silent and smooth shifting, as well as slipping at low engine speeds, resulting in added manoeuvrability
and higher comfort at slower boat speeds. The hydraulic clutch, together with electric steering – which is now standard for DPI –
gives an improved joystick docking function. The DPI driveline now also comes with Dynamic Positioning System, which
automatically maintains a boat’s heading and position, even during strong currents or windy conditions – ideal when preparing for
docking.
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Volvo Penta (Sweden) receives innovation award for its DPI drive
84
Volvo Penta has won a prestigious innovation award for its DPI driveline at the Dusseldorf International Boat Show. Volvo Penta
has been recognized at the German boat show - boot Dusseldorf. Presented at the prestigious Flagship Night within the category of
European Powerboat of the Year 2020, the award recognizes the industry-leading features of Volvo Penta’s all-new aquametric
sterndrive. Introduced during 2019 as part of the company’s next generation D4/D6 propulsion system, the DPI drive further
enhances Volvo Penta’s trademark easy boating experience. The DPI drive has been designed to deliver enhanced performance,
easier maintenance and greater reliability for boat owners. The new hydraulic clutch ensures a silent and smooth shifting, as well as
slipping at low engine speeds, resulting in added maneuverability and higher comfort at slower boat speeds. The hydraulic clutch,
together with electric steering – which is now standard for DPI – gives an improved joystick docking function. The DPI driveline
now also comes with Dynamic Positioning System, which automatically maintains a boat’s heading and position, even during
strong currents or windy conditions – ideal when preparing for docking.
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Wärtsilä (Finland) Guidance Marine wins the 2020 Dynamic Positioning Award
for their SceneScan® system
85
SceneScan system won the Dynamic Positioning 2020 Award. The Dynamic Positioning Award is awarded to the developer of an
innovative DP product or system, or contractor responsible for an especially innovative application of DP on a project. 2018 saw
the launch of SceneScan that is changing the way vessels operate and position within the marine industry. SceneScan is the first
target less laser position reference sensor from Wärtsilä Guidance Marine.The award recognizes Wärtsilä Guidance Marine’s
approach to technology and innovation. It is a badge of honor that the company will wear with pride which is industry recognized
from the company's peers within the maritime world. This is the second time the award has been won as in 2017, Wärtsilä
Guidance Marine won the Dynamic Positioning Award for RangeGuard Monopole, the first target less radar position reference
sensor. Unlike traditional laser PRS, SceneScan provides tracking information relative to structures within the sensor field of view.
It tracks by matching its current observation of the scene against a map generated from previous observations of the scene.
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Grainger (USA) Earns Top Score on 2020 Corporate Equality Index
86
Grainger, the leading broad line supplier of maintenance, repair and operating products serving businesses and institutions, earned
the top score of 100 percent on the 2020 Corporate Equality Index and the designation as one of the "Best Places to Work for
LGBTQ Equality" for the sixth straight year. The Human Rights Campaign Foundation's CEI is the national benchmarking tool on
corporate policies and practices pertinent to lesbian, gay, bisexual, transgender and queer employees. Companies are rated on
criteria surrounding workforce protections, inclusive benefits, supporting an inclusive culture and corporate social responsibility,
and responsible citizenship. Grainger joins more than 680 major U.S. businesses that achieved the highest marks this year. Grainger
offers full benefits for same-sex domestic spouses and partners and has global policies that prohibit discrimination based on sexual
orientation and gender identity. In 2019, the company also implemented a new policy bringing all-gender restrooms to many
facilities across the U.S. Grainger supports the LGBTQ community through charitable contributions, its participation in Chicago's
Pride Parade, and its internal Business Resource Group, the Equality Alliance. Within the last year, Grainger donated to non-profit
organizations, such as Howard Brown Health, Chicago House, Yellow Brick Road and Pride Center San Antonio.
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Grainger (USA) Recognized as one of FORTUNE's 'World's Most Admired
Companies' in 2020
87
Grainger, the leading broad line supplier of maintenance, repair and operating products serving businesses and institutions, is
again named to FORTUNE's annual list of "World's Most Admired Companies" in 2020. Among competitors in the
Wholesalers: Diversified category, Grainger ranks No. 1 for the seventh consecutive year. FORTUNE's "World's Most Admired
Companies" list is a definitive report card on corporate reputations. To determine the best-regarded companies in 52 industries,
the survey asked executives, directors and analysts to rate enterprises in their own industry on nine criteria, such as investment
value, quality of management and products, social responsibility and ability to attract talent. As a leading business-to-business
organization, more than 3 million customers rely on Grainger for products in categories such as safety, material handling and
metalworking, along with services like inventory management and technical support. Grainger offers more than 1.7 million
quality in-stock products, a consultative sales approach, technical and product expertise, a premium digital experience and the
ability to ship complete orders to customers quickly.
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Abengoa(Spain) is awarded an operation and maintenance contract for a
50 MW solar thermal plant for EnceEnergía y Celulosa
88
Abengoa, an international company that applies innovative technological solutions for sustainable development in the infrastructure, energy
and water sectors, has been awarded the operation and maintenance of Termollano, a plant 50 MW parabolic trough solar thermal collector
owned by ENCE Energía, a company dedicated to the production of electrical energy from natural resources such as biomass. The contract
has a duration of three years expandable up to 13. Specifically, Abengoa will be responsible for the provision of resources, materials and
means necessary for the operation of this solar thermal plant located in Puertollano, as well as providing the preventive, predictive and
corrective maintenance services required for a Optimum operation of the plant and its best preservation. In addition, Abengoa will assume
responsibility for the conservation and operation of machines and equipment to obtain maximum productivity, profitability and safety in it.
This is the first solar thermal plant not built by Abengoa for which the company's Services vertical will be responsible for its operation and
maintenance and to which it will provide all its know-how in this area where it has an experience of more than 18 years. Abengoa is a
benchmark in the operation and maintenance of solar plants, of which it has a commercial experience of 1,648 MW in all technologies
(photovoltaic, solar thermal and hybrid with conventional cycles). Among the company's references are 280 MW Solana (United States),
100 MW Shams-1, Kaxu, Khi and Xina Solar One, 100, 50 and 100 MW respectively (South Africa) or the photovoltaic plant of the 100
MW Cerro Dominador solar complex, among many others.
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CALC (China) signs purchase agreement for 40 additional A321neo aircraft
89
CALC, a full value-chain aircraft solutions provider for global airlines, has reached an agreement with Airbus on its
remaining backlog, and includes an additional order for 40 A321neo aircraft. It also includes a conversion of 15 of its
existing A320neo backlog into A321neos. Together with a previous order for 11 A321neos, CALC’s total order for the
type rises to 66. CALC’s order is an endorsement for the A321neo and reaffirms the market demand for the aircraft.
With unbeatable fuel efficiency and lowest operating costs, it is the best match for CALC’s customers. To date, from
CALC’s total order for 252 A320 Family aircraft, 87 have been delivered, of which one is an A321neo. The A321neo is
the largest member of the A320 Family, seating up to 240 passengers, depending on cabin configuration. Incorporating
the latest engines, aerodynamic advances, and cabin innovations, the A321neo offers a reduction in fuel consumption of
20% as well as a 50% noise reduction. To date, the A320 Family has won more than 15,300 orders and more than 9,000
aircraft have been delivered worldwide.
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Bayer (Germany) and WuXi Biologics enter into an agreement on a Leverkusen
drug product plant
90
Bayer and WuXi Biologics have entered into an agreement that WuXi Biologics Germany GmbH will take over operations of
one of Bayer’s final drug product manufacturing plants in Leverkusen, Germany, and purchase the associated equipment, in
combination with a long-term lease contract for the building. Based on the manufacturing agreements to be negotiated, the
WuXi Bio-operated plant shall serve as a back-up site for final product manufacturing of Kovaltry™, while Bayer’s drug
substance and drug product facility in Berkeley, California, USA, will remain the major site for the manufacturing and filling of
it. The transaction is expected to be concluded in the coming months subject to the satisfaction of customary closing conditions.
Financial details were not disclosed. Bayer is a global enterprise with core competencies in the life science fields of health care
and nutrition. Its products and services are designed to benefit people by supporting efforts to overcome the major challenges
presented by a growing and aging global population. At the same time, the Group aims to increase its earning power and create
value through innovation and growth. Bayer is committed to the principles of sustainable development, and the Bayer brand
stands for trust, reliability and quality throughout the world. In fiscal 2018, the Group employed around 117,000 people and
had sales of 39.6 billion euros. Capital expenditures amounted to 2.6 billion euros, R&D expenses to 5.2 billion euros.
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Boeing (USA) and SPEEAAnnounce a Tentative Agreement on Four-Year Contract
Extension
91
The Boeing Company reached a tentative agreement with the Society of Professional Engineering Employees in Aerospace on
a new four-year contract extension that would run through 2026 covering approximately 18,000 engineering and technical
employees, nearly all of whom are in Washington and Oregon. SPEEA's Executive Board has endorsed the offer, which will be
put up for a vote by the membership and is expected to run from Feb. 24 to March 9, 2020 via mail-in ballots. The current
contract is set to expire in 2022. The four-year agreement would extend the contract with engineering and technical
professionals through October 2026. Makes SPEEA-represented employees eligible for the company's Paid Parental Leave
policy and, for those in Washington state, makes them eligible for the benefits of the Washington Paid Family and Medical
Leave Act. Beginning in 2023, employees would begin paying health care contributions based upon their salary
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Asia-Pacific Customers Finalize Agreements for Boeing Digital Solutions (USA) to
Enable Growth
92
Boeing announced orders and agreements that will enable growth for multiple Asia-Pacific airlines in a rapidly developing region. These digital solutions lower costs
across fleets for regional and international operators, enhance airline crew situational awareness and increase operational efficiency.
New digital solutions orders and agreements include:
• Vistara, an Indian carrier and a joint venture of Tata group and Singapore Airlines, has signed an agreement for multiple services to support their entry into service of
new 787-9 aircraft, including Boeing Maintenance Performance Toolbox and Airplane Health Management tools. Powered by Boeing AnalytX, these tools provide
real-time, custom alerting, fleet data to enhance maintenance capabilities. Vistara has signed a new five-year agreement to receive Jeppesen Crew Rostering and
Boeing Alertness Model tools to improve operational efficiency and crew planning capabilities.
• Air Tahiti Nui joins more than 100 international customers using Boeing Airplane Health Management by signing a multiyear agreement to access real-time
maintenance and engineering data and support to enhance maintenance and operational decisions for their 787 fleet.
• Bamboo Airways will integrate several digital solutions to support their new 787 fleet, with new agreements finalized for Jeppesen FliteDeck Pro electronic flight
bag, Electronic Document Browser and Onboard Performance Tool capabilities. These digital tools enable flight crews to perform real-time weight and balance and
takeoff and landing calculations to reduce maintenance costs, optimize payload capacity and streamline cockpit operations.
• Sichuan Airlines has agreed to a multiyear contract for Jeppesen JetPlanner Pro services to enhance flight planning capabilities. The tool generates optimized routes
and efficient flight plans in complex airspace to achieve lower operating costs, using the industry leading flight planning engine.
• Virgin Australia Group has signed a seven-year agreement for Jeppesen FliteDeck Pro electronic flight bag and digital navigation chart services, to increase
operational efficiency. The agreement extends a long-term relationship between the airline and Boeing for Jeppesen navigation services that provide increased flight
deck efficiency.
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Bombardier’s (Canada) joint ventureto provide maintenance service for 656
high-speed train cars in China
93
Bombardier Transportation announced that its Chinese joint venture, Bombardier Sifang Transportation Ltd., has been awarded a contract with China
State Railway Group Co., Ltd. to provide maintenance service for 656 high-speed train cars, which BST manufactured for China’s evolving
high-speed rail network. The total contract is valued at approximately 2.45 Billion CNY. Bombardier Transportation owns 50 per cent of BST shares,
which is consolidated by Bombardier Transportation’s partner CRRC Sifang Rolling Stock Co., Ltd. BST won this contract to provide maintenance
service for 656 cars, which includes CRH1A-A, CRH1A, CRH1B, CRH1E and CRH380D, in total 71 trains, for different levels of maintenance. All
the maintenance will be completed by the end of 2020. In February last year, BST was awarded a maintenance contract for 560 cars and has
successfully delivered the service. The award of this new maintenance contract further illustrates both customer’s trust in BST and BST’s full
capacity to deliver integrated solutions to our customers’ specific needs in the high-speed train sector. Bombardier Transportation in China is the full
solution provider across the entire value chain. From vehicles and propulsion to services and design, Bombardier Transportation in China has seven
joint ventures, six wholly foreign-owned enterprises, and more than 8,000 employees. Together, the joint ventures have delivered 4,500 railway
passenger cars, 580 electric locomotives and over 2,500 metro cars, Monorail, APM, and trams to China’s growing rail transit markets. It is a major
signaling supplier for the Chinese high-speed network and through its joint ventures, propulsion equipment and signaling systems are utilized in a
total of 30 Chinese cities.
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Jacobs (USA) Awarded PFAS Treatment Testing Support Services Contract with
the Orange County Water District
94
Jacobs has been selected by the Orange County Water District to provide treatment testing support services for per- and
polyfluoroalkyl substances, a family of oil and water-resistant chemicals found in numerous everyday consumer products and
airport firefighting foams that have infiltrated groundwater supplies over several decades. California has established
notification levels for PFOA and PFOS (two of the most common and widely detected PFAS) at 5.1 and 6.5 ng/L (parts per
trillion) respectively, which are some of the most stringent values in the country. While the levels of PFAS in Orange County
groundwater wells are relatively low, OCWD and its retail water agencies are exploring long-term solutions to ensure that
water supplies continue to meet all state and federal water quality standards. The goal of the pilot program is to help retail water
agencies in Orange County determine the best available PFAS treatment methods. Jacobs and OCWD will be testing different
types of granular activated carbon and ion exchange products, as well as novel adsorbents just emerging in the market, to
determine which applications are best suited for Orange County's diverse aquifer water quality and geochemistry.
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Jacobs (USA) Selected to Design Commercial Waste Building for Sacramento
County
95
Jacobs was selected by the Sacramento County Department of Waste Management and Recycling to deliver consulting and design
services for a new commercial waste building at the county's North Area Recovery Station in North Highlands. Opened in 1972,
NARS operates as the sole, full service solid waste drop-off facility in northern Sacramento County. This fast-track project will
provide critical infrastructure for DWMR to address the greater Sacramento region's increase in waste quantities and meet
requirements of California Senate Bill 1383, aimed at reducing greenhouse gases and increasing organic waste recycling. To
achieve these objectives and proactively address the resulting compliance dates, DWMR requires the new commercial waste
building to be operational by fall 2021. The project brings together two industry leading firms in solid waste facility design, Jacobs
and subcontractor JR Miller & Associates, which have collectively delivered more than 150 transfer station designs and more than
100 working solid waste transfer, processing and organics facilities in California. The scope of services involves assisting DWMR
with the design of the enclosed commercial waste building and its supporting infrastructure, including the geotechnical design of
ramps and a trench adjacent to the new facility; a trench drains storm sewer design; and the design of an air filtration system to treat
odors from the building. The enclosed commercial waste building will receive both organic wastes and commercially collected
municipal solid waste.
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Jacobs (USA) Alliance to Deliver Services for Major Australian Rail Infrastructure
Project
96
Jacobs, as part of the Unity Alliance, has been selected by the Queensland Government to deliver the rail, integration and
systems work package for the Cross-River Rail project in Brisbane, Australia. Jacobs, in conjunction with Alliance
participants CPB Contractors, UGL and AECOM, will deliver the package which includes the design and reconfiguration of
the rail network at either end of the new cross city tunnels, supply and installation of supporting rail systems, integration of
Cross River Rail into Queensland Rail's existing network and completion of seven station upgrades. The new 6.3-mile
(10.2-kilometer) rail line will run from Dutton Park in Brisbane's inner south to Bowen Hills in the inner north and include
3.6 miles of tunnel under the Brisbane River and Central Business District. Extensive early work has already been
completed with construction now underway. The Queensland Government is investing $3.8 billion (AU$5.4 billion) toward
the delivery of the project.
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Kawasaki (Japan) Receives Order from Taiheiyo Cement for New-model Cement Plant Waste
Heat Recovery Power Generation System -First Domestic Adoption of Newly Developed
97
Kawasaki Heavy Industries, Ltd. announced its receipt of an order from Taiheiyo Cement Corporation to supply a cement
plant waste heat recovery power generation system to their Saitama Plant. With an output of approximately 8 MW, the new
system is scheduled to start operations in September 2022. This WHRPG system will recover waste heat during the
calcining stage of the cement production process and use it for power generation and energy-saving measures of the cement
plant. It consists of a waste heat recovery boiler, steam turbine generator, and other components. Kawasaki will handle
overall plant design, equipment supply, installation and commissioning advisory services. A newly developed VEGA boiler
will be adopted for the first time in Japan as the heat recovery steam generator. Global company and industry leader
Taiheiyo have been proactively introducing WHRPG systems at their plants in order to reduce CO2 emissions. The latest
decision to introduce Kawasaki’s system was made after Taiheiyo’s careful and thoroughgoing consideration, based on the
excellent performance and economic efficiency of the newly developed VEGA boiler. With this adoption, Taiheiyo will
complete the installation of WHRPG systems at all of their plants. As worldwide interest in global warming prevention
measures continues to rise, demand is expected to continue growing in both advanced and developing nations for facilities
and systems that save energy and reduce environmental loads, including WHRPG systems for cement plants.
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Komatsu (Japan) Receives the Grand Prix of the Corporate Value Improvement Award from
Tokyo Stock Exchange
98
Komatsu Ltd. announced that it was selected for the Grand Prix award of the 8th Corporate Value Improvement Award from all listed
companies sponsored by Tokyo Stock Exchange. TSE created the Corporate Value Improvement Award program in FY2012, designed
to annually award the companies which have achieved high corporate value by practicing management of improving corporate value
through initiatives that consider capital cost and other investor concerns. On the 8th occasion, Komatsu received the award for the first
time. Komatsu was selected for the following reasons. To enhance its corporate value, Komatsu sets up a management target of ROE,
which considers capital cost, and developed a framework to control management based on capital productivity over the year. Komatsu’s
top management also recognizes the importance of direct engagement with investors and other stakeholders and aggressively practices
them. Based on these engagements, Komatsu sets up and discloses specific quantitative and other targets related to ESG. In its
three-year mid-term management plan entitled “DANTOTSU Value - FORWARD Together for Sustainable Growth”, Komatsu is
working for sustainable growth centering on DANTOTSU Value by promoting growth strategies. Encouraged by receiving this award,
Komatsu will work to not only achieve sustainable growth, but also promote constructive engagement with stakeholders and strengthen
its corporate governance in order to maximize its corporate value, i.e., the total sum of trust from all stakeholders.
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Wärtsilä (Finland) GEMS energy storage technology to enhance Wärtsilä engine plant and
integrate renewables in Honduras
99
The technology group Wärtsilä has been contracted to add a 10 MW/26 MWh energy storage solution to a power plant owned by
Roatan Electric Company on the Caribbean island of Roatan in Honduras. Wärtsilä’s proprietary GEMS energy management software
solution will control the utility’s energy system, including earlier delivered Wärtsilä engines, and solar PV. The order was placed with
Wärtsilä in December 2019. The addition of energy storage and GEMS solution to RECO’s generation resources will provide additional
flexibility to integrate renewables into the local grid and secure reliability while eliminating the need for mechanical spinning reserve.
The storage system will provide virtual spinning reserve capacity needed to maintain stability of the grid - particularly important for the
energy security of an island. The solution will be delivered on a fast-track basis and is expected to be operational before the end of
2020. The existing 28 MW plant was delivered on an engineering, procurement and construction contract by Wärtsilä in 2017. It
operates on four Wärtsilä 34SG-LPG engines running on propane gas. Wärtsilä’s total installed power capacity in Honduras is
approximately 500 MW. RECO is a progressive and visionary Caribbean utility that is constructing 12.5 MW of solar PV energy, has a
26-turbine wind farm, and a recently completed a 6-mile underwater subsea cable to expand their distribution system to two nearby
islands.
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Spirit AeroSystems (USA) Announces 737 MAX Production Agreement with Boeing
101
Spirit AeroSystems announced that it reached an agreement with Boeing relating to the 737 MAX production rate. Under
the agreement, Spirit will restart production slowly, ramping up deliveries throughout the year to reach a total of 216 MAX
shipsets delivered to Boeing in 2020. Spirit does not expect to achieve a production rate of 52 shipsets per month until late
2022. The parties are continuing to negotiate other terms. The rate agreement is based on several assumptions including
Boeing's expected production rate and the successful return of the 737 MAX to service. As previously disclosed, the 737
MAX contractual agreement is a requirement contract between Boeing and Spirit and the rate may change at any time.
Spirit AeroSystems designs and builds aerostructures for both commercial and defence customers. With headquarters in
Wichita, Kansas, Spirit operates sites in the U.S., U.K., France and Malaysia. The company's core products include
fuselages, pylons, nacelles and wing components for the world's premier aircraft. Spirit AeroSystems focuses on affordable,
innovative composite and aluminium manufacturing solutions to support customers around the globe.
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Wärtsilä (Finland) integrated solutions will deliver efficiency and sustainability to three
new short-sea vessels
100
The technology group Wärtsilä will supply all the main equipment for the first LNG fueled short-sea Ro-Lo vessels to be
operated by Finland based Bore Ltd. Three ships have been ordered and are being built at the WuHu Shipyard in China. The
order with Wärtsilä was placed in December. Wärtsilä has worked in close collaboration with both the owner and the naval
architect to develop a vessel optimized integrated LNG system. As a result, it has been possible to locate a 250
cbmWärtsiläLNGPac storage and supply system below deck without compromising the cargo capacity. The ships will be
propelled by a Wärtsilä 34DF dual-fuel engine driving a Wärtsilä controlled pitch propeller at variable speed, connected to a
Wärtsilä SCV95 gearbox with an integrated power pack. In addition, the vessels will each be equipped with
WärtsiläProTouch controls and Eco Control to enable accurately synchronised engine speed and propeller pitch. This
delivers outstanding engine and propulsion efficiency, while the Eco Control operating mode can be selected for automated
fuel savings while in transit. These integrated technologies will be supported via Wärtsilä’s Data Collection Unit with
cloud-based services and remote monitoring to optimise operability, fuel economy, and periodic maintenance.
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Vestas (Denmark) receives 84 MW order in China
102
Vestas has received an 84 MW order in China that includes the supply of 22 V136-3.45 MW turbines delivered in 3.8
MW power optimized mode as well as a 5-year Active Output Management 4000 service agreement. Deliveries are
expected to begin in the third quarter of 2020. Customer and project names are undisclosed at the customer's request.
Vestas is the energy industry’s global partner on sustainable energy solutions. They design, manufacture, install, and
service wind turbines across the globe, and with more than 108 GW of wind turbines in 80 countries, they have installed
more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled more than 91
GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver
best-in-class wind power solutions.
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Vestas (Denmark) secures 155 MW order from Stena Renewables AB in
Sweden
103
Vestas has secured a 155 MW order from Stena Renewables AB for the Åby-Alebo wind energy project. Located in
Mönsterås Municipality, the project will be the largest wind energy project in the southern part of Sweden. To maximize
the project’s power production, Vestas has developed a customized wind energy solution that features 36 V150-4.2 MW
turbines in 4.3 MW power optimized mode. The order underlines the strong relationship between Vestas and Stena
Renewables AB as well as Vestas’ leading position in the Swedish wind energy market where the company today has
installed more than 4.2 GW of wind turbines. The project will feature a VestasOnline® Business SCADA solution,
lowering turbine downtime and thus optimizing the energy output. The contract further includes supply, installation and
commissioning of the wind turbines, as well as a 30-year Active Output Management 5000 (AOM 5000) service
agreement. Turbine deliveries are expected to begin in the second quarter of 2021, while commissioning is planned for
the third and fourth quarter of 2021.
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Vestas (Denmark) receives 60 MW order with auction win in Poland
104
Vestas has received a 60 MW order from Eurowind Energy A/S, a leading developer and operator of sustainable energy
projects, for the Janikowo wind project which will be located in the Kujawsko-Pomorskie Province in Poland. Awarded
at the Polish wind-solar energy auction, in December 2019, the project attests to the increasing competitiveness of wind
energy. The order marks the second win for Vestas in the auction round. To secure this project, Vestas has developed a
site-specific solution that will maximize power production, while catering for specific local site constraints. The project
comprises 29 V100-2.0 MW turbines and one V90-2.0 MW turbine with 120- and 100-meter towers respectively. The
project will feature a VestasOnline® Business SCADA solution, offering real-time data insight from a diverse mix of
data streams to enable more accurate forecasting. The system will enable decreased turbine downtime and optimized
energy output. The contract further includes supply, installation and commissioning of the wind turbines, as well as a
20-year Active Output Management 5000 service agreement. Turbine deliveries are expected to begin in the first quarter
of 2021, while commissioning is planned for the fourth quarter of 2021.
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Wärtsilä (Finland) signs operation and maintenance agreement following commissioning
of Bahamian power plant
105
Wärtsilä signed a two-year operation and maintenance agreement with the plant owner, the Bahamas Power and Light
Company Ltd. Wärtsilä will transition, train, and develop the owner’s Bahamian work force for managing the new
technology, while also providing key performance guarantees. The Clifton Pier Station A power plant project was awarded
to Wärtsilä in December 2018 on an engineering, procurement, and construction contract. The plant was urgently needed to
replace an ageing facility, and to improve the reliability of the local grid. Wärtsilä delivered the new plant on a fast-track
basis and succeeded in completing the entire project, from contract signing to commissioning, in just 12 months. The plant’s
output is generated by seven Wärtsilä 50 engines, running on heavy fuel. There is a future development in process of
bringing natural gas to the island. The engines can be converted to operate on gas when it becomes locally available, which
will further reduce the operational costs of the power plant. The operational flexibility of the plant, which will be capable of
reaching full output from start-up in a matter of minutes, will facilitate the introduction of increased levels of renewable
energy into the system. The Wärtsilä engines can play an effective balancing role, ensuring system stability to offset the
inevitable fluctuations in supply from wind and solar sources.
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Safran (France) signs a maintenance contract for the emergency flotation system of the
US Coast Guard HH-65 helicopter fleet.
106
Safran signs a maintenance contract for the emergency flotation system of the US Coast Guard HH-65 helicopter fleet. The
five-year agreement covers the maintenance of the flotation systems of all 98 HH-65 Dauphin helicopters used by the US
Coast Guard during their various missions. The Safran AeroSystems Services Americas repair center in Belmar, New Jersey
will provide this service at the various coast guard sites as well as at their maintenance bases. The emergency flotation
systems are designed and manufactured by Safran AeroSystems in Cognac. They enable a helicopter in difficulty to ditch
and remain stable afloat long enough to evacuate the passengers and the crew in the event of a forced ditching. The flotation
system is struck in less than five seconds and is capable of ensuring the stability of the helicopter in rough seas limiting the
risk of overturning and submersion. Safran is an international high-technology group, operating in the aviation (propulsion,
equipment and interiors), defense and space markets. Safran has a global presence, with more than 95,000 employees and
sales of 21 billion euros in 2018. Working alone or in partnership, Safran holds world or European leadership positions in
its core markets. Safran undertakes research and development programs to meet fast-changing market requirements, with
total R&D expenditures of around 1.5 billion euros in 2018.
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Jazeera Airways (Kuwait) Signs $1.3 Billion LEAP-1A Engine Services Agreement
107
Jazeera Airways has signed a long-term Rate Per Flight Hour agreement with CFM International to support the
LEAP-1A engines that power the airline's fleet of 20 Airbus A320neo aircraft. The agreement, which is valued at
approximately $1.3 billion U.S. at list price, also covers five spare engines. RPFH agreements are part of CFM's
portfolio of flexible engine service support packages. Under the terms of the agreement, CFM Services guarantees
maintenance costs for Jazeera's LEAP-1A engines on a dollar per engine-flight-hour basis. Jazeera Airways became
the first LEAP-1A-powered A320neo operator in the Middle East in May 2018 and currently operates four A320neo
aircraft. The fleet has since logged more than 6,000 flight hours. The airline also operates nine CFM56-5B-powered
A320ceo aircraft. CFM International's advanced LEAP-1A engine continues to set a new industry standard for fuel
efficiency and asset utilization as the fleet continues the most rapid buildup in commercial aviation history, logging
nearly seven million engine flight hours through December 2019.
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Safran (France) signs by-the-hour support contract with TransportesAéreosPegaso
108
Safran Helicopter Engines has signed a Support-By-Hour contract with TransportesAéreosPegaso, covering the Mexican
operator's H145, EC145 and BK117. This contract formalizes a five-year Maintenance, Repair, and Overhaul agreement
supporting a total of over 30 Arriel 1 and 2 engines. The whole TransportesAéreosPegaso fleet is now covered by SBH®.
Founded in 1981, this Mexican helicopter operator provides on and offshore helicopter support. This contract will be managed
by Safran Helicopter Engines USA, which supports more than 3,200 engines operated by 400 customers flying in the United
States. SBH® is Safran Helicopter Engines maintenance-by-the-hour service. It makes engine operating costs predictable,
eliminate cash peaks, allow flexibility for scheduled and unscheduled MRO coverage. It now covers 40% of Safran Helicopter
Engines customer turbines' flying hours. SBH® is part of EngineLife® Services, Safran's range of solutions for helicopter
engines. Safran is an international high-technology group, operating in the aircraft propulsion and equipment, space and
defense markets. Safran has a global presence, with more than 95,000 employees and sales of 21 billion euros in 2018. Safran
is listed on the Euronext Paris stock exchange, and is part of the CAC 40 and Euro Stoxx 50 indices.
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Rolls-Royce (UK) delivers 250th engine to Enstrom Helicopter
109
Rolls-Royce has delivered its 250th engine to Enstrom Helicopter Corporation. The RR M250-C20W has reliably powered the
Enstrom 480B for more than 25 years, first entering service together in 1993. Engine number 250 will power a helicopter for
the Botswana Police-Air Support Branch as part of a deal announced this week by Enstrom. The 480B is Enstrom’s flagship
turbine helicopter, known for its combination of safety, stability, comfort and value. The five-seat aircraft serves as a military
trainer, and is well suited for law enforcement, emergency medical and commercial, agricultural and private operations. The
Enstrom 480B helicopter is powered exclusively by a single Rolls-Royce M250-C20W engine. The M250 is a compact,
powerful and fuel-efficient engine, which has proven to be extremely reliable in service – literally around the world in
circumnavigation flights, and to the North Pole. M250 operators are supported by the Rolls-Royce FIRST network, a global,
authorized system providing outstanding service. The Rolls-Royce FIRST network provides affordable, reliable support
solutions. The FIRST network includes more than 30 approved, licensed service centers around the world, and its competitive
structure means operators can find affordable and reliable service anywhere for Rolls-Royce M250 or RR300 engines.
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Partner Ecosystem Updates
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ABB (Switzerland) and Porsche team up to drive forward e-mobility
110
ABB, an industrial technology leader, and the automobile manufacturer Porsche are proudly announcing a new and exclusive
partnership to jointly promote e-mobility. As part of a multi-level agreement, ABB is becoming an official partner of the TAG Heuer
Porsche Formula E Team, with immediate effect. Porsche Motorsport is in its inaugural year of racing in the ABB FIA Formula E
Championship, while ABB is in its third year as title partner of the first all-electric global race series.The announcement is being made
on the eve of race 3 of season six of the ABB FIA Formula E Championship in Santiago, Chile, in the presence of ABB Chairman and
Chief Executive Officer Peter Voser, as well as Michael Steiner, Member of the Executive Board, Research and Development of
Porsche AG, and Fritz Enzinger, Vice President Porsche Motorsport. Voser, Steiner and Enzinger will be officially unveiling the
updated Porsche race car design, with a prominent ABB logo on its front nose and rear, later.ABB and Porsche have already entered
into an agreement to install fast chargers at Porsche Centers and public facilities across Japan. The first installation is set to go live in
mid-2020. In addition, the Swiss ABB Formula E Ambassador Simona De Silvestro is the current test and development driver for the
TAG Heuer Porsche Formula E Team.
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Air Liquide (France) strengthens its partnership with BASF in Antwerp
with three new long-term contracts
111
Air Liquide and BASF, a world-leading chemical company, have recently signed three new long-term contracts in the Antwerp basin.
Air Liquide has been supplying BASF with gas for over 50 years in this major industrial basin, and is currently operating five
production plants on site. These new contracts are coherent with a low carbon footprint approach, in line with the Group’s Climate
objectives. Leveraging on five existing onsite production plants in the Antwerp basin, Air Liquide has entered into a new 15-year
agreement to renew its Airgas supply to existing installations and provide additional oxygen to a new Ethylene Oxide plant to be built
by BASF. Air Liquide will also build and operate a new nitrogen removal unit to supply BASF with high purity gas to enable a more
efficient production of MDI, an important chemical component that is used in house insulation helping save energy in buildings and
other applications. This new NRU is scheduled to be operational by mid-2021. In addition, Air Liquide will purchase part of the
methane fraction generated during the BASF production process and valorise it as a feedstock in its hydrogen production plants at the
site contributing to circular economy and reducing CO2 emissions up to 15,000 tons per year on the Antwerp site.
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Air Liquide (France) renews its collaboration with Solidia Technologies®
112
A joint team of Air Liquide and Solidia Technologies experts has industrialized the innovative solution SolidiaConcreteTM, which uses
carbon dioxide to cure concrete. The combination of the consumption of CO2 during curing, and lowered carbon emissions achieved in
the production of low-energy SolidiaCementTM that is used to bind the concrete, results in an up to 70% reduced carbon footprint
compared to traditional concrete. As part of this worldwide partnership, Air Liquide is Solidia's preferred supplier of CO2 and the
equipment used for its injection. In the United States, where sales of Solidia Concrete have been launched, Airgas, an Air Liquide
company, supplies the carbon dioxide recovered and purified from CO2 emitted by other industries. Air Liquide’s expertise has been a
critical element in the development of their CO2 curing technology and the delivery of higher performance, lower environmental
footprint concrete. They look forward to our continued collaboration with Air Liquide as we work to develop new products, enter
additional markets, and offer new sustainable solutions for the entire $1 trillion global concrete market
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Airbus (Netherland) and Green Africa announce strategic partnership with MoU
for 50 A220s
113
Green Africa Airways, Nigeria’s Lagos-based airline, has signed a Memorandum of Understanding for 50 A220-300
aircraft, one of the major orders to be placed globally for the A220 programme and the largest ever from the African
continent. The A220 is the only aircraft purpose-built for the 100-150 seat market; it delivers unbeatable fuel
efficiency and widebody passenger comfort in a single-aisle aircraft. The A220 brings together state-of-the-art
aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines to
offer at least 20 percent lower fuel burn per seat compared to previous-generation aircraft, along with significantly
lower emissions and a reduced noise footprint. The A220 offers the performance of larger single-aisle aircraft. At the
end of January 2020, the A220 had accumulated 658 orders.
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Airbus (Netherland) and CAAS collaborate to enable urban air mobility
114
Airbus and the Civil Aviation Authority of Singapore have signed a Memorandum of Understanding to enable urban air mobility in Singapore. The
MOU was signed today at the Singapore Airshow 2020 between Jean-Brice Dumont, Executive Vice-President, Engineering, Airbus and Kevin
Shum, Director-General of CAAS. The collaboration aims to bring UAM services and platforms to reality in Singapore’s urban environment, with the
target to enhance industry productivity and improve the country’s regional connectivity.
As part of the agreement:
• Airbus and CAAS will collaborate to define and develop an initial UAM service with an Unmanned Aircraft System.
• The parties will specifically work together to realise the Unmanned Traffic Management system and services to support the initial use-case.
• For such UAM operations, both parties will co-operate on fostering public acceptance, developing standards, and establishing necessary safety
frameworks.
• Finally, Airbus and CAAS will study the feasibility and requirements for further UAM services that include leading-edge cargo and passenger
transportation solutions.
This MOU advances a longstanding partnership between Airbus and CAAS. An earlier collaboration was first established in 2016 for UAS
proof-of-concept trials (“Skyways”). Airbus and CAAS subsequently signed an agreement with the European Union Aviation Safety Agency to share
and advance the development of operational and safety standards for UAS in urban environments. Skyways started as an experimental project aimed
at developing safe unmanned air delivery systems for use in dense urban environments. The proof-of-concept trials for Skyways were successfully
completed in 2019 with the delivery of parcels in the campus of the National University of Singapore, and deliveries of 3D-printed parts and
consumables to vessels anchored at Singapore’s Eastern Working Anchorage.
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Airbus (Netherland) and Singapore collaborate on A330 SMART MRTT development
115
Airbus and Singapore have agreed to collaborate on the development of the A330 SMART Multi Role Tanker Transport for the
Republic of Singapore Air Force. The SMART MRTT programme will develop, certify and implement Automatic Air-to-Air
refuelling capability as well as enhanced maintenance solutions for the A330 MRTT. With this collaboration Singapore becomes a
key partner for the new automated aerial refuelling capabilities. Under the agreement, a RSAF A330 MRTT will take part in the
ongoing development, flight test campaign and final certification programme. The flight test campaign, which has already started,
is aiming for certification in 2021. While development of SMART MRTT capabilities further strengthens Airbus’ leading position
and technological edge in the tanker market, the enhanced maintenance solution is designed to improve A330 MRTT’s availability
and overall mission success rate. The A3R system requires no additional equipment on the receiver and is intended to reduce air
refuelling operator workload, improve safety and optimise the rate of air-to-air refuelling transfer in operational conditions to
maximise aerial superiority. Once the A3R system is activated by the ARO, the Boom Flight Control System becomes fully
automated and progresses to transfer fuel upon contact with the receiver. During this process, the ARO simply monitors the
operation. In the event of an anomaly due to receiver stability deviations or malfunctions on the tanker, the A3R system is able to
disconnect and/or clear the Boom away from the receiver safely.
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Aristocrat (Australia) Partners with Inspired Entertainment to deliver Aristocrat Game
Content to more EMEA Markets
116
Aristocrat Technologies Europe Ltd has signed a licensing agreement with Inspired Entertainment, Inc., that will see
Aristocrat game content offered in a number of European market segments. Under the deal, Aristocrat will supply
game kits for deployment on Inspire d’s terminals in the video lottery market in Greece, the comma 6B market in
Italy and the B3 market in the United Kingdom; all markets in which Aristocrat does not currently compete and in
which Inspired has a growing footprint. These particular geographies have very high barriers to entry. As a leading
provider with more than 33,000 machines on an open server-based gaming platform that offers seamless integration
of third-party content, they are thrilled to add Aristocrat’s iconic titles to our content portfolio, bringing to our
customers unparalleled diversity from popular industry games.
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Arkema, (France) Nexoon, 5M, and IRT M2P join forces to work on a project involving
factory-manufactured modular constructions made from Elium® resin
117
Arkema, Nexoon, 5M, and IRT M2P join forces to develop a new concept for factory-manufactured “custom” constructions. Each
partner will contribute its expertise and know-how in order to validate this innovative construction concept aimed at meeting the
needs of individual or collective, high-end or social, housing and also commercial or industrial buildings. The project designed and
managed for many years by Nexoon, consists in the development of all types of construction using prefabricated composites. It also
provides for the creation of three prototype houses, assembled in accordance with a highly innovative system developed by
Nexoon. This innovative composite construction concept meets market demand for more sustainable construction. It will promote
building construction in areas where access to traditional construction materials, such as sand, cement and wood, is difficult. Also
capable of being disassembled and transported, these constructions can be set up again in other areas. In Europe, this innovative
and high-quality construction method is aimed at a market for individual homes, buildings, public buildings, or other buildings,
architecturally in line with increasingly demanding environmental requirements. In emerging countries, the concept aims to meet
the high demand for social housing that can be assembled in 24 hours in non-polluting worksite conditions and without any heavy
labour. The materials defined in this framework are part of a circular economy approach, with regard to recyclability, while
adhering to the applicable standards and regulations for construction.
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Ayala (Philippines) partners with Razon-led infrastructure company in Manila Water
118
An infrastructure company of Prime Metroline Holdings Inc., through a company that it will incorporate for the transaction, is
joining Ayala Corporation as a strategic investor in Manila Water with the acquisition of a 25 percent stake in the company. Ayala
remains a shareholder with a 38.6 percent stake. The transaction will bring ₱10.7 billion in fresh funds for Manila Water, which
will support its capital spending program to improve the water and wastewater distribution system in Metro Manila’s east zone
concession. The partnership with Trident Water, which demonstrates Ayala’s ability to attract sizeable and long-term investments
into the business group, adds enormous value to Manila Water as it executes on its long-term strategic direction. Over the past
decade, Manila Water has been establishing itself as a major water infrastructure player in Southeast Asia with investments in
various platforms across Vietnam, Thailand, and Indonesia and is constantly on the lookout for opportunities in the region.
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Barratt Developments (UK) plc and the Outward-Bound Trust announce new
£1m partnership
119
Barratt Developments, the country’s largest housebuilder, has launched a new three-year, £1,000,000 partnership with The
Outward-Bound Trust. The Outward-Bound Trust helps young people who need it most to make positive changes in their lives
through learning and adventures in the outdoors. The new partnership will support 2,400 young people to develop the key
employability skills needed to prepare them for the world of work and make a purposeful contribution to society. Barratt
Developments’ work with Outward Bound will cover three main areas; providing funding to disadvantaged young people for
residential courses, placing Barratt employees on the courses as mentors, and hosting the annual ‘Big Barratt Hike’ with Outward
Bound. To help launch the partnership Chief Executive David Thomas visited the Ullswater centre in the Lake District where he
met with Outward Bound Chief Executive Nick Barrett and saw first-hand how their courses help young people build and develop
new skills. Young people from across the UK will benefit from Barratt Developments’ funding by attending residential courses at
one of Outward Bound’s six centres, which are spread over Snowdonia, The Lake District and The Highlands. In 2018, 23,379
young people attended an Outward-Bound course, with over 80% of attendees receiving grants. Outward Bound is passionate about
helping young people defy their limitations by providing young people with skills they will have for life – such as confidence,
resilience and the motivation to succeed.
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BASF (Germany) andFabbri Group develop certified compostable cling film for
fresh-food packaging
120
BASF and Fabbri Group have developed a sustainable solution for cling film used in fresh-food packaging: Based on BASF’s certified
compostable ecovio®, Fabbri Group produces the highly transparent stretch film Nature Fresh. Meat, seafood as well as fruit and
vegetables can be wrapped manually or with automatic packaging equipment. Industrial stretch packaging is also possible. It is the first
certified compostable cling film that combines optimal breathability for an extended shelf life of fresh food with high transparency and
excellent mechanical properties for automatic packaging. Nature Fresh is food-contact approved according to US and European
standards. With this property profile, the film helps to keep food fresh for a longer period of time when compared to polyvinyl chloride
alternatives used for cling film such as polyethylene. As a consequence, the greenhouse gas emissions originating from food that is
produced and distributed - but ultimately wasted - can be reduced. After usage Nature Fresh can be composted together with any food
waste in home compost or industrial compost according to national legislation. It thus enables organic recycling and helps closing the
nutrient loop towards a Circular Economy. Cling or stretch film is a flexible thin film that is predominately used for packaging and
applied in a stretch-wrap process. Wrapping can be done manually or by machines. The Nature Fresh film made of ecovio® is the
certified compostable alternative to cling films made of PVC and PE so far used in fresh food packaging: Its overall performance -
mechanical properties like tensile strength and elongation at break, breathability, film transparency and aesthetics like elastic recovery
and anti-fogging - is comparable to films made of PVC. At the same time ecovio® shows a better water vapor transmission than PE,
which is essential for optimal fresh food packaging.
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Bayer (Germany), Meiogenix collaborate to accelerate agricultural innovation
through the development of unique technologies
121
Bayer and Meiogenix, a biotech company focused on next-generation breeding technologies, announced a collaboration to
advance agricultural research and development by accelerating the development of Meiogenix’s proprietary technologies
related to plant breeding and genome editing applications. This new research collaboration has the potential to deliver
much-needed plant health and nutrition improvements to food crops so farmers can more efficiently and sustainably grow
improved plant varieties that deliver the types of foods consumers want. Meiogenix’s proprietary technologies are used to
induce the exchange of genomic regions between chromosomes of plant cells during meiosis, the natural process that
generates genetic diversity during plant breeding. Technologies based on meiotic recombination provide commercial crops
with access to a broader genetic diversity, including complex traits for improved food quality, plants’ resistance to diseases
and pests, and higher yield potential. The resulting hybrids and varieties have the potential to deliver value throughout the
food chain, from farmers to consumers.
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Emerson (USA) Partners with Belgian Research Group to Prepare Next Generation of
Brewers
122
Emerson, a global technology and engineering company, announced it is partnering with Ghent University and University
College Ghent in Ghent, Belgium, to revamp, automate and modernize a pilot brewery, including providing equipment and
support services. The two institutions share a common brewery research group in the Laboratory for Brewing and
Fermentation Science and Technology. The laboratory offers hands-on training using the latest digital automation
technologies to educate the next-generation workforce, close skills gaps and enable digital transformation throughout the
region’s brewing industry, where technology is key to keeping pace with the increasing demand for craft beer. The project
further expands Emerson’s initiative to collaborate with higher education institutions and its commitment with both schools
to build a globally competitive craft brewing and brewing industry in Flanders, Belgium and throughout Europe. The
students and stakeholders in the region will have access to advanced automation technologies and fermentation sciences
expertise, helping build a highly skilled.
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Linde (Germany) Leverages Combined Technology Portfolio to Sign 30 Small On-Site
Contracts in its First Year
123
Linde announced that it has signed three new customer contracts by leveraging legacy Linde and Praxair
technologies, made possible following the merger of the two companies. Local business teams have used both
companies' legacy technology and applications to approach new customers and offer compelling new solutions
to existing customers. Linde is a leading industrial gases and engineering company with 2018 pro forma sales
of USD 28 billion. The company employs approximately 80,000 people globally and serves customers in more
than 100 countries worldwide. Linde delivers innovative and sustainable solutions to its customers and creates
long-term value for all stakeholders. The company is making our world more productive by providing
products, technologies and services that help customers improve their economic and environmental
performance in a connected world.
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Linde (Germany) Signs Agreement with Korea Expressway Corporation for New Hydrogen
Refueling Stations in South Korea
124
Linde announced that it has signed a 15-year contract with the Korea Expressway Corporation to build, own
and operate four Hydrogen Refueling Stations in Chungnam, South Korea. The HRS will be supplied with
hydrogen from Linde's manufacturing facilities in the nearby Pyeongtaek area. All four HRS are expected to
start operating in December 2020. Since 2016, Linde has been building out HRS infrastructure in the South
Korean market with strong local government support. The company is a member of the global Hydrogen
Council and a member of the board of directors of H2 Korea, the Korean hydrogen alliance founded in 2017 to
promote and establish a hydrogen ecosystem through policy planning, infrastructure and technology
development. Linde is a leading industrial gases and engineering company with 2018 pro forma sales of USD
28 billion. The company employs approximately 80,000 people globally and serves customers in more than
100 countries worldwide. Linde delivers innovative and sustainable solutions to its customers and creates
long-term value for all stakeholders. The company is making our world more productive by providing
products, technologies and services that help customers improve their economic and environmental
performance in a connected world.
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Mitsubishi Chemical Group (Japan) Teams up to Deliver Plant Factory System to China’s
Bright Food Group
125
Mitsubishi Chemical Corporation announced that it has entered into an agreement with Bright Food Group Shanghai Wusi Co.,
Ltd. for delivery of one of China’s largest culturing systems fed with both artificial and solar light. This plant factory system is the
first in China to include a cucumber culturing system. MCC subsidiary Mitsubishi Chemical Agri Dream Co., Ltd., developed the
system, which will be delivered by its subsidiary in China, Wuxi Lingyang Green Agricultural System & Technology Co., Ltd. The
plant factory system features a hybrid greenhouse that combines the use of artificial light to raise seedlings and then sunlight to
efficiently produce plants from the seedlings. The advantages of the system include year-round harvesting, reduced water
consumption, and proper use of fertilizers. Bright Food Group has established food value chains spanning from production of
agricultural and marine products to food processing, logistics, and retail sales, and owns many of China’s leading food brands. The
company has produced leafy vegetables since 2017, when it adopted the MCC Group’s leafy vegetable plant factory system. As the
second phase of the construction project, the company is now planning to expand its leafy vegetable production capacity,
constructing two new 8,640m2culturing plants. In addition, it will adopt plant factory systems for fruits and vegetables, with a
culturing area of 2,300m2 for each. Operations are slated to begin this summer.
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PPG (USA) partners with JUNIOR ACHIEVEMENT BIZTOWN to inspire future workforce
126
PPG announced its participation in the grand opening of JUNIOR ACHIEVEMENT® of Western Pennsylvania’s JA
BIZTOWN® – a hands-on, community simulation in Bridgeville, Pennsylvania, that teaches local students how to
manage a business and contribute to the local economy. PPG was one of more than two dozen regional businesses that
worked with JA of Western PA to create the miniature interactive business community. PPG’s sponsored storefront at JA
BizTown was designed to look like a PPG PAINTS™ store and includes a paint color display, color matching tools and
a variety of PPG Paints products and painting supplies. In addition, the company provided approximately 400 gallons of
PPG Paints products to paint the JA BizTown community. The grand opening celebration and ribbon-cutting ceremony
was attended by 80 students from Claysville Elementary, who then became the first ‘citizens’ at JA BizTown. During the
simulation, students completed a day’s work, developed a personal budget and received one-on-one guidance from
volunteers and mentors.
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Rolls-Royce (UK) and Asia Pacific Aerospace select H&P General Aviation Services for
maintenance work in China
127
Asia Pacific Aerospace, a Rolls-Royce FIRST network Authorized Maintenance Repair & Overhaul Center, has signed
an agreement with H&P General Aviation Services Co., Ltd for helicopter engine support in China. The H&P General
Aviation Services facility, based in the Chinese city of Guangzhou, will provide in-country service as an Authorized
Service Center for Rolls-Royce M250 and RR300 turboshaft engines. Rolls-Royce has a strong relationship with APA
and contract terms allow the latter to subcontract maintenance service to qualified third-party companies. The agreement
with H&P General Aviation Services will provide authorized service on Rolls-Royce helicopter engines in China for the
first time, giving the company an important foothold in an emerging market. The proven Rolls-Royce M250 and RR300
engines have powered more than 260 million flight hours of dependable service around the world. To date, more than
33,000 of these workhorse engines have been delivered to the marketplace, including nearly 80 customers in China.
M250 and RR300 operators are supported by the Rolls-Royce FIRST network, a global, authorized system providing
outstanding service. The Rolls-Royce FIRST network provides affordable, reliable support solutions. The FIRST
network includes more than 30 approved, licensed service centers around the world, and its competitive structure means
operators can find affordable and reliable service anywhere for Rolls-Royce M250 or RR300 engines.
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SASOL (South Africa) Signs Partnership Framework Agreements with Wood & Worley
128
Sasol’s Group Technology announced that they have signed partnership framework agreements with the Engineering
Contractors Wood South Africa Ltd and Worley Matasis Ltd. The objective of the partnerships is to enter into a long
term, mutually beneficial relationship for the purpose of achieving specific business objectives by maximizing the
effectiveness of each parties’ resources in the field of capital project engineering and construction. As part of Group
Technology’s global future, the function has revised its contracting model to pursue portfolio-based partnership
agreements with these preferred ECs, initially applying the agreement mainly to Sasol’s Southern African operations.
Group Technology supports the long-term sustainability of Sasol through the provision of expertise in the fields of
research, technology, engineering and project management. Wood and Worley will separately deploy their systems,
processes, experience and knowledge in crafting and implementing solutions for complete execution of capital projects
in a collaborative manner. These first-of-a-kind partnership agreements with Sasol have a long-term objective, and the
partnership agreements will be reviewed after five years. These partnerships will support Sasol’s value-based strategy as
well as Group Technology’s global focus.
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BYPL -Schneider Electric (France) Partnerto Promote Smart Solutions for Consumers
129
BSES Yamuna Power Limited and Schneider Electric, a global leader in digital transformation of energy management
and automation, have signed a far-reaching Memorandum of Understanding. The partnership seeks to make electricity
usage safer, smarter and sustainable using cutting edge technology and creating awareness. This will be accomplished
through two programs and working closely with the Resident Welfare Associations, Industrial Welfare Associations and
nominated local electricians in East and Central Delhi. Apart from home automation solutions, consumers will also be
offered attractively priced Schneider Electric’s Residual Current Circuit Breakers, an important fire safety device that
detects even a small “current to earth” in one’s premises, automatically tripping and disconnecting electricity supply to
the premises/ equipment, thus preventing serious mishaps. Another useful benefit of installing an RCCB is that, it also
detects faulty and intermixing of internal wiring. On detection, the RCCB immediately trips, thus preventing potential
wastage of electricity and accidents. Moreover, under section 42 of the Central Electricity Act Regulation 2015, it is
mandatory for all consumers having electricity load of 2 Kilowatt and above, to have an ELCB/RCCB installed at their
premises.
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Bell (USA) Teams Up with Sumitomo Corporation and Japan Airlines to Explore Air
Mobility
130
Bell Textron Inc., a Textron Inc. company, announced a signed memorandum of understanding today with Sumitomo
Corporation and Japan Airlines Co., Ltd., to explore Mobility-as-a-Service and to foster the required infrastructure and
regulatory environment. This collaboration will inform the development of an on-demand air mobility ecosystem
utilizing Bell’s air mobility solutions including Bell’s Air Taxi, the Nexus 4EX, in Japan. Sumitomo is a 100-year-old
global enterprise based in Japan focused on enriching lives and the world. Sumitomo is a 100-year-old global enterprise
based in Japan focused on enriching lives and the world. Sumitomo is working to leverage their broad business portfolio
spanning metal products, transportation & construction systems, infrastructure, media & digital, living related & real
estate, and mineral resources, energy, and chemicals to support the development of the necessary infrastructure and
business use cases for air mobility.
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UTC (USA) Volunteers Begin Groundwork to Bring Clean Water to Communities in
Guatemala
131
UTC announced the expansion of its strategic partnership with Engineers Without Borders USA, a nonprofit that takes
on engineering projects to help communities around the world meet basic human needs. Recently, a team of UTC
volunteers and EWB-USA visited the two rural communities of Canton Oram and Valle Del Sol to assess safe drinking
water and sanitation conditions. While approximately 30% of the world’s population lacks access to safely managed
drinking water, UTC volunteers found that 100% of the citizens of the two Guatemalan communities are without safe
and reliable access to potable water. Unclean water and sanitation are the leading cause of child mortality, especially for
children younger than the age of five. Volunteers tested the municipality water and the communal well water against
World Health Organization standards and found both sources were severely contaminated. What’s more is that citizens
may need to make up to six trips a day, up to one hour per trip, to the well during the driest months. Some of the UTC
volunteers traveled to Guatemala and, once on the ground, worked with members of EWB’s partner Non-Governmental
Organization whose team members spoke fluent Spanish and Poqomchi', the local Mayan language. The teams then
interviewed a total of 51 households to gather information regarding water resources, usage and contamination.
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Vestas (Denmark) and DSV Panalpina form strategic partnership on project transport
and general freight
132
Vestas and DSV Panalpina form strategic partnership on project transport and general freight. With the partnership, DSV Panalpina will
execute and manage Vestas’ general freight and special project transportation, inbound as well as outbound. By combining Vestas’
volume and experience in special project transport with DSV Panalpina’s broader logistics expertise and scale, the partnership aims to
simplify Vestas’ global transportation setup, as well as generate economies of scale and efficiencies for both companies. In a growing
market for wind energy, scale advantages remain key to Vestas’ present and future success. To achieve these, we want to work even
more closely with our customers and partners. And, as we scale our operations to meet global demand as well as handle the growing
complexity from both components increasing in size and wind parks becoming more remote, logistics and transport will grow in
significance. The partnership seeks to reap the advantages of combining DSV Panalpina’s global footprint with 60,000 employees in 90
countries and complete range of services across the entire supply chain, with Vestas’ volume and unparalleled experience in special
project transportation, stemming from delivering and installing more than 70,000 wind turbines in 80 countries. Vestas has around
500,000 inbound shipments a year and uses more than 900 vessels every year. The partnership does not include outbound transport for
Vestas’ Service business.
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Wärtsilä(Finland) & DNV GL agree to collaborate in promoting and accelerating
marine sector’s digital transformation
133
The technology group Wärtsilä and classification society DNV GL have signed a Memorandum of Understanding in
which they agree to work together to contribute to the marine industry’s ongoing digital transformation. In particular, the
two companies wish to further explore the potential use of digital technologies, collaborative data sharing, and
standardisation to enhance existing products and services, and to develop new ones. Among the focus areas will be
collaboration on digital technologies and big data in classification and the requirements for their use. The project will
examine the application of these technologies in areas such as autonomous ships, advanced remote services, new bridge
technologies, and data sharing. Cyber security will be another natural area of cooperation. In announcing the agreement,
the two companies noted that digital transformation developments can have an immediate and transformative impact on
operations and existing business models.
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DHLGlobal Forwarding partners with Xylem (USA) Watermark for critical aid
shipments and humanitarian logistics support around the world
134
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, announced that leading
global water technology company, Xylem, has chosen DHL Global Forwarding as their primary logistics provider for
humanitarian relief activities delivered through its corporate social responsibility program, Xylem Watermark. The two
global companies will work together and leverage their extensive experience and footprint across the globe to bring aid
to those areas that need it most following water-related natural disasters and crises. DHL Global Forwarding and Xylem
Watermark have previously joined forces to provide disaster relief to communities in times of crisis. In the aftermath of
Cyclone Idai, in Zimbabwe, DHL Global Forwarding and Xylem Watermark worked together to freight dewatering
pumps from India through South Africa to the affected communities. In addition, the shipment of Xylem equipment
from Hong Kong to Zimbabwe’s Chimanimani region which Xylem personnel deployed, on the ground, provided clean
water to a camp housing 200 displaced residents and a rural medical clinic serving nearly 10,000 patients daily, reducing
the proliferation of water borne diseases such as ARI, malaria, diarrhea and cholera.
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Yara (Norway) and IBM launch an open collaboration for farm and field data to
advance sustainable food production
135
Yara International, a global leader in crop nutrition and digital farming solutions, and IBM, invite farmer associations, industry
players, academia and NGOs from the food and agriculture industry to join a movement to develop an open data exchange that
facilitates collaboration around farm and field data, with the aim of improving the efficiency, transparency and sustainability of
global food production. Technology and digital innovation have the potential to make a significant contribution towards a
step-change in the sustainability, transparency, and resource efficiency of food supply. High quality farm and field data is one of
the foundations that can help to make this possible. However, today, farm and field data are typically dispersed, non-compatible
and inaccessible. Furthermore, there are important concerns that stand in the way of data collaboration, such as securing the
benefits of sharing data broadly, while respecting data privacy for farmers and protecting proprietary information. To overcome
these challenges, Yara and IBM believe a collaborative approach is essential. The Open Farm & Field Data Exchange aims to
bring data together from various players to address concrete issues and enable innovation. Sharing data allows farmers to
receive higher value services and to be paid in return for sharing their data. Use of the open data exchange platform can also
make it trustful for farmers and value chain players to meet potential regulatory requirements.
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Miscellaneous

Miscellaneous Updates
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Linde (Germany) Starts Up New Air Separation Plant, Further Expanding Capacity in
the U.S. Gulf Coast
136
Linde announced it has started up a new air separation unit in Freeport, Texas, as part of a long-term agreement to
supply MEGlobal's new ethylene glycol plant in Oyster Creek, Texas. The new ASU will safely and reliably supply
oxygen and nitrogen to MEGlobal Oyster Creek for use in its EG manufacturing process. EG is used as a raw material in
a variety of products, such as polyester fibers, polyethylene terephthalate resins for liquid and food containers, and other
industrial applications. The ASU will also supply Linde's extensive industrial gas pipeline system and add new argon
capacity. In addition to the ASU, Linde started a new carbon dioxide plant in Freeport, Texas, that will recycle the crude
CO2 supplied from an MEGlobal process. The crude CO2 will be purified and liquefied into commercial grades to serve
customers in a variety of industries, including food and beverage, where it is used to carbonate drinks, as well as to
freeze, chill, preserve and package food.
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Vestas (Denmark) becomes first wind energy supplier to set long-term safety targets,
along with high ambitions for employee diversity
137
Vestas’ is upholding its vision to become the global leader in sustainable energy solutions. Establishing a sustainable organization,
capable of achieving longevity amidst a rapidly evolving energy landscape is key to fulfilling this vision. Now, Vestas will become
the first wind energy manufacturer to set long-term safety targets, as well as ambitious goals for building a more inclusive and
diverse workplace. As a first step towards achieving its ambitions within safety, Vestas is committing to reduce the rate of total
recordable injuries to 1.5 per million working hours by 2025, and to 0.6 by 2030. A marked reduction from achieving 4 total
recordable injuries per million working hours in 2018, this new target will represent an average reduction of 15 percent year on
year by 2030.To meet these targets, Vestas will be introducing several new initiatives. As a first step, manufacturing processes will
be reevaluated to improve ergonomics and automation. In addition, pilot projects leveraging predictive analytics and augmented
reality will be introduced to improve construction and service site safety. Furthermore, Vestas will introduce a safety by design
approach to all areas of its value chain, whereby an increased focus on safety will be implemented across manufacturing,
installation and decommissioning of turbines. Global employment in the renewable energy sector is set to grow significantly, from
a reported 11 million jobs in 2018 to a predicted 42 million in 2050.1 As Vestas continues to occupy a leadership position in the
sector, the potential for growth demands a strengthening of internal policies that support the well-being of its employees.
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Eastman (USA) Launches Redesigned Saflex Automotive Website
138
Eastman Chemical Company, manufacturer of Saflex® PVB Interlayers, has launched a completely redesigned website
dedicated solely to Saflex automotive glazing. The new format features a fresh, open look that's both user and mobile
friendly.Another feature of the new design is a Learn section. Eastman will begin this section by sharing basic principles about
laminated glass and automotive applications. As 2020 progresses, the Learn section will feature articles that tackle different
aspects of the vehicle, including the natural progression from HUD benefits to augmented reality; how reduced glass
thicknesses meets the needs of hybrid and electric vehicles while maintaining the overall cabin noise profile; how to select the
optimized solar control solution, and more topics of interest to automotive engineers and glazing installers. Visitors will also be
able to access specific documents upon need once they create their own site-specific accounts. With this new website design
and launch, Eastman hopes to achieve a more proactive connection with their current and prospective customers. It
recommends visiting the website frequently as updates are planned on a regular basis with helpful information, company
announcements, and trends. Saflex interlayers are made of polyvinyl butyral (PVB) films laminated between two sheets of
glass. They are an innovative and affordable option for adding enhanced benefits to vehicles, including HUD technology; heat,
weight and sound reduction; safety; security; and UV protection.
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Event Updates
Manufacturing Industry

Event Updates
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Upcoming Events - Manufacturing
IOC WORLD CONFERENCE
The IOC World Conference on Prevention of Injury & Illness in sport will be
the premier international conference for those interested in clinical aspects of
sports and exercise medicine. The diverse faculty represent the pre-eminent
international authorities in injury and illness prevention. This triennial
conference is a unique opportunity for the global sport and exercise medicine
community to meet face to face in the ideal environment that Monaco
provides.
Hosted By : IOC 2020
Monaco
12-14 Mar, 2020
https://ioc-preventionconference.org/?gclid=CjwKCAiA1rPyBRAREiwA1UIy8HYKc-WlWBOS-D8QKrsN7lP-0dVNnGj3zo9-il1FqzPRcekKalr__hoCywwQAvD_BwE
RAPID + TCT
RAPID + TCT is North America’s largest and most important additive
manufacturing event, with hundreds of hands-on exhibits, groundbreaking
product announcements, education from industry experts, and great
networking opportunities. Learn how to use 3D technologies to reduce
time-to-market, produce stronger and lighter parts, improve efficiency,
reduce waste and cost, and much more.
Hosted By : SME
California, USA
21-23 April, 2020
https://rapid3devent.com/#
Design 2 Part
The region’s largest design and contract manufacturing trade show is
now in its 34th year, and is a great way to meet hundreds of
high-quality American suppliers of custom parts, stock parts, and
manufacturing services. During this two-day event, learn how to
improve quality, reduce costs, accelerate delivery, get tighter
tolerances, and much more, while seeing new technology in action.
Admission is free!
Hosted By : Design-2-Part
California, USA
10-11 June, 2020
https://www.d2p.com/
American Biomanufacturing Summit
This event is designed to provide biopharmaceutical executives
with current trends, strategic insights, and best practices in
manufacturing, outsourcing, capacity management, quality
assurance and control, regulatory compliance, operational
excellence, and supply chain and logistics. You’ll network with
over 200 of your peers and explore strategies to maximize
efficiency while remaining compliant.
Hosted By : GENERIS GROUP
San Francisco, USA
16-17 June, 2020
https://biomanamerica.com/
Association of Equipment Manufacturers (AEM)
Last year, the AEM annual conference was held in Florida, and this
year the event comes to the Golden State! It will be held at the
Meritage Resort & Spa in Napa. The agenda and speaker presentations
are still in the planning stages, however you can view 2019’s
highlights, which focused on connected technologies and how to
leverage them, to get an idea of what to expect this year.
Hosted By : Association of Equipment Manufacturers
California, USA
18-20 Nov, 2020
https://www.aem.org/events/conferences-and-seminars/annual-conference/
BIOMEDevice
Now in its 12th year, BIOMEDevice brings together more than 1,500
industry leaders and over 250 suppliers. At the event, you’ll join others in the
medical device design and manufacturing industries to learn about the latest
developments, trends, and breakthroughs. Attendees will also be able to
watch demos of new technologies, discover solutions to the challenges they
face, and make new connections.
Hosted By : Informa Markets
California, USA
9-10 Dec, 2020
https://biomedevicesanjose.com/
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MODEX 2020
One of the industries fastest-growing shows, at MODEX 2020
you’ll learn from the industry’s best minds how key industry
trends and innovations can transform your manufacturing and
supply chain operations through more than 100 free education
sessions and four powerful keynotes.
Hosted By : MHI.org
Georgia, USA
9-12 Mar, 2020
https://www.modexshow.com/
AeroDef Manufacturing Conference
The nation’s premier aerospace and defense manufacturing conference and
trade show, AeroDef fosters innovation to reduce costs, expedite production,
and maintain global competitiveness. This year’s event includes
complimentary panel discussions, conferences, technology exhibits, tours,
and workshops, along with a Preferred Supplier Pavilion where attendees can
identify new suppliers and potential buyers.
Hosted By : AeroDef
Texas, USA
16-29 Mar, 2020
https://www.aerodefevent.com/
Additive Manufacturing Users Group
(AMUG)
Additive Manufacturing Users Group Conference is an
all-encompassing technology users group dedicated to the
advancement of additive manufacturing technology. It brings together
engineers, designers, and managers from around the world to share
expertise, best practices, challenges, and additive manufacturing
developments.
Hosted By : Additive Manufacturing Users Group
Chicago, USA
22-26 Mar, 2020
https://www.amug.com/amug-conference/
American Manufacturing Summit
This leadership-focused summit is designed to improve plant floor
operations through workforce management, lean manufacturing, process
improvement, and automation. It serves as an annual platform to exchange
ideas around the impact of market dynamics and new technologies for
current and future manufacturing, Key speakers come from various
disciplines within Nestle, Caterpillar, Inc., Kroger, Fender, GE, and LEGO.
Hosted By :GENERIS GROUP
Chicago, USA
24-25 Mar, 2020
https://manusummit.com/
North American Manufacturing Excellence Summit
This year’s event will cover topics including building competitive
advantage, lean, OPEX and CI programs, leadership as the engine of
change, leveraging new technologies, supply chain strategies, and
workforce development. Speakers come from leaders within Google,
Ford Motor Company, Toyota, and Johnson & Johnson.
Hosted By : Executive Platforms Inc.
Chicago, USA
7-8 April2, 020
https://manufacturing-event.com/
Food Automation & Manufacturing
Conference and Expo (FA&M)
This event brings together food and beverage processors and suppliers
to share valuable information on the latest trends and technologies in
manufacturing, automation, sustainability, and food safety. The event
also features an expo to highlight equipment and services. You can
watch a recap of the 2015 FA&M conference here.
Hosted By : IBNP Media
Florida, USA
26-29 April, 2020
https://www.foodengineeringmag.com/food-automation-conference
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Advanced Semiconductor Manufacturing
Conference (ASMC)
ASMC is the leading international technical conference for
discussing solutions that improve the collective manufacturing
expertise of the semiconductor industry. It provides a platform
for semiconductor professionals to network and learn the latest in
the practical application of advanced manufacturing strategies
and methodologies.
Hosted By : SEMI
New York, USA
4-7 May, 2020
https://www.semi.org/en/connect/events/advanced-semiconductor-manufacturing-conference-asmc
Manufacturing Trade Show and
Conference
The largest one-day manufacturing show in South Central Texas, this
conference is expecting over 150 vendors and more than 500 industry
decision-makers. Discover ways to cut operational costs, gain new
customers, and more! Best of all, the conference is free for attendees.
Hosted By : San Antonio Manufacturers Association
Texas, USA
6 May, 2020
http://www.sama-tx.org/events/trade-show/
Manufacturing Leadership Summit
This summit, presented by the National Association of Manufacturers
(NAM), puts the spotlight on Industry 4.0, providing manufacturers
with strategies to identify and deliver business value during the next
phase of the digital revolution. This year’s agenda is still in
development, but you can view a brief recap of last year’s event on
their website.
Hosted By : Manufacturing Leadership Council
Florida, USA
1-3 June, 2020
https://web.cvent.com/event/16c87515-3535-46a8-9cb5-1bdac39ded14/summary
Smart Manufacturing Experience
Explore how leading companies are using transformative technologies
to boost productivity, increase sales, improve efficiency, and reduce
costs at this one-day event. Participants will be immersed in a world of
interactive learning, hands-on technology demonstrations and even
virtual reality. This is a great opportunity for start-ups to explore the
latest transformative technologies and make valuable connections.
Hosted By : MSC Industrial Supply Co.
Pittsburg, USA
2 June, 2020
https://www.mscdirect.com/betterMRO/metalworking/smart-manufacturing-experience-0
North American Manufacturing Research Conference
The 48th North American Research Conference is expected to attract
more than 800 researchers and manufacturers from around the globe to
share the latest manufacturing innovations and developments in
manufacturing systems and processes, cyber-physical systems, and
materials processing. This year’s agenda is still in development but
you can view 2019’s program here to get an idea of what to expect.
Hosted By : SME
Ohio, USA
22-26 June, 2020
https://namrc.sme.org/
CIO Manufacturing Summi
The CIO Manufacturing Summit brings together executives,
innovative solution providers, and thought leaders to discuss
technology issues affecting today's manufacturers. It’s an opportunity
to share successes, failures, and new ideas. Past and present speakers
have come from industry-leading companies such as T-Mobile,
SunTrust Bank, IBM, and others.
Hosted By : CDM Media
New York, USA
15 July, 2020
https://www.cdmmedia.com/event?id=1748#overview
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HANNOVER MESSE USA (HMUSA)
This is where manufacturers go to discover world-leading
technologies that can help them win amid all the industry
disruption and digital transformation. It is considered the most
comprehensive industrial technology tradeshow in North
America showcasing the latest in IoT, Industry 4.0, smart
manufacturing, artificial intelligence, and more.
Hosted By : HANNOVER MESSE USA
Chicago, USA
14-19 sept, 2020
https://hannovermesseusa.com/
Association for Manufacturing Excellence
(AME) International
The world's largest lean conference moves to the Great White North
this year, and will feature inspiring keynotes, workshops, site tours,
sessions, and networking opportunities. Catering to continuous
improvement beginners and experts from manufacturing and other
industries, the conference helps attendees keep current with new and
developing management and operational techniques.
Hosted By : AME
Toronto, Canada
26-30 Oct, 2020
https://www.ame.org/ame-conferences
eSMART Factory Conference
The eSMART Factory conference will be held on March 4th and
5th at the Comet Group Lab One, 3055 Orchard Drive, Suite
150, San Jose, CA 95134, USA. This unmissable annual event
brings together the key people and disruptive technologies
shaping the electronics manufacturing industry.
Hosted By : Lab One
California, USA
4 Mar, 2020
https://esmartfactory.net/
Fraunhofer Direct Digital Manufacturing
Conference
Organized by the Fraunhofer Additive Manufacturing Alliance, the
DDMC is a bi-annual cutting-edge forum for discussion on Additive
Manufacturing, including its application in industry and the
environmental impact of such new manufacturing technologies.
Impact on health, sustainability and technology will also be discussed.
Hosted By : ddmc
Berlin, Germany
18-19 Mar, 2020
https://www.ddmc-fraunhofer.de/
Mexico's Manufacturing Supply Chain Summit
Mexico's Manufacturing Supply Chain Summit 2020 at El Paso,
Texas, is a unique opportunity for leading OEMs in Mexico and
potential suppliers to meet and identify new business partners. At the
same time, through conference sessions and case studies, participants
will learn the latest developments in manufacturing and supply chain
dynamics in Mexico.
Hosted By : MEXICONOW
El Paso, USA
2 April, 2020
https://mexicosupplychainsummit.com/
North American Manufacturing Excellence
Summit (NAMES)
As the North American manufacturing landscape continues to evolve, companies
face constant pressure to adapt and grow in a competitive global marketplace. An
ongoing commitment to improving productivity, performance, delivery, quality,
compliance, environmental footprint, and customer satisfaction is the new normal.
Understanding the unique solutions other manufacturers develop to universal
challenges has never been more important.
Hosted By : Executive Platforms Inc.
Chicago, USA
7-8 April, 2020
https://manufacturing-event.com/
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