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thyssenkrupp contracted for major water electrolysis plant in Québec Announcing the contract today (18 th Jan), thyssenkrupp said the plant is to be located in Varennes, Québec, and will be one of the world’s first and biggest production facilities for green hydrogen. Both the hydrogen and the oxygen, a by-product of the electrolysis process, will be used in a biofuel plant to produce biofuels from residual waste for the transportation sector. “This project is an excellent illustration of how important the interaction of secure access to competitive renewable energy and the use of scale...

The Smartest Factories Will Be the Least Complex Automation supplier CEO Marco Andriano says plug-and-play robots that don’t need programming are the wave of the future. Terms like industry 4.0 and “factory of the future” conjure images of highly automated factories filled with robots, automated guided vehicles and processes generating huge amounts of IoT data flying through the air.  Marco Andriano, CEO and President of Fives (pronounced Feeves) Cinetic Corp., sees the smartest factories of the future as simple, flexible and more cost efficient. “My belief is plug and play. My ...

PostProcess Technologies appoints former ICONICS exec Jim Kent as Chief Financial Officer Technologies has announced former ICONICS executive Jim Kent as its new Chief Financial Officer. In his role at PostProcess, Kent will be responsible for leading the accounting and finance functions of the business, while also being an instrumental member of the senior leadership team as the company looks to drive growth. He will also serve as the ‘primary interface’ of PostProcess’ global investor network. Kent, in his most recent role as CFO at ICONICS Inc, was the primary executive invo...

Share this article Share this article ResearchAndMarkets.com's offering. The Global Pharmaceutical Processing and Packaging Equipment market accounted for $17.19 billion in 2019 and is expected to reach $26.99 billion by 2027 growing at a CAGR of 5.8% during the forecast period. Some of the key factors propelling the growth of the market are growing geriatric population, technological advancement and increasing prevalence of chronic diseases. However, growing demand for refurbished products is the restraining factors for the growth of the market. The equipment used for the processing and pa...