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The Compound Company acquires Exxelor polymers from Esso Deutschland GmbH to expand its global reach into new markets

The Compound Company, a leading developer and manufacturer of compounds, announced it has acquired the production site, product portfolio and customer base for Exxelor™ polymer resins from ESSO Deutschland GmbH , ExxonMobil in Cologne, Germany. The acquisition will increase the global production capacity of The Compound Company to about 70 kilotons per year and significantly expand the group’s reach into new markets.

Highcon raises more than $18M to accelerate the Digital Manufacturing transformation for Paperboard Packaging and Display

Highcon Systems Ltd. yesterday filed a report with the Tel Aviv Stock Exchange announcing the fund raising of $18.5M by means of a private share placement. Two of Israel’s largest insurance companies led the investment round and increased their stake in the company further to the company’s flotation on the Tel Aviv Stock Exchange in November 2020. This latest investment further strengthens the company’s already healthy balance sheet.

Canon EMEA accounts for 30 percent of global sales

Canon EMEA accounted for 30 percent of global sales, wherein Canon Middle East and Turkey contributed 27 percent of regional sales, making it the largest sales market in the region. As governments across the Middle East continue to diversify their economies and highlight digital transformation, the Middle East continues to be an important market for Canon.

Resolute Acquires Louisiana-Pacific's 50% Equity Interest in Resolute-LP Engineered Wood Partnership

Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that it has completed the previously announced acquisition of the 50% equity interest of Louisiana-Pacific Corporation (NYSE: LPX) in Resolute-LP Engineered Wood Larouche Inc. and Resolute-LP Engineered Wood St-Prime Limited Partnership located in Quebec.

Velo3D Announces Fourth Quarter and Fiscal Year 2021 Financial Results

Exceeded Fourth Quarter and Full Year Revenue Forecast
Reiterates Previous FY2022 Revenue Guidance of $89 Million

• Exceeded revenue forecast – 20% sequential increase / 45% growth vs FY 2020
• Shipped first Sapphire XC system to aerospace customer in Q421
• Achieved 2021 shipments goal of 23 systems - 77% year over year growth
• Continued bookings strength – 34 systems booked in 2021 versus goal of 24
• Significant backlog for 2022 – 23 Sapphire systems (18 Sapphire XC)


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