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Aspen Technology | August 22, 2022
Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that the largest petrochemicals company in the Philippines, JG Summit Olefins Corporation (JGSOC), is advancing its journey toward operational excellence by unlocking untapped value in production optimization. This planned deployment with Aspen Unified PIMS™ supports the company’s innovation-driven vision and is projected to boost operating margin by optimizing feedstock selection at the cr...
Manufacturing Technology
IperionX | March 28, 2022
IperionX Limited is pleased to announce the successful scaling up of titanium metal powder production at its Titanium Pilot Facility in Salt Lake City, Utah, using 100 percent recycled titanium metal as feedstock. Customer demand for this more sustainable product is strong, with IperionX accelerating plans to build a new TDF with an initial capacity of 125 tonnes per annum. Scale-Up of a 100% Recycled Titanium Pilot Facility IperionX's proprieta...
IoT For All | February 28, 2020
While the Industrial Internet of Things is maturing rapidly, there’s often a strong link to Artificial intelligence and Machine Learning tools to manage data flows. This raises a host of challenges including connectivity, security, storage and modeling requirements. Designers of IIoT devices and larger deployments must build in contingencies for shifts in these areas or risk falling short. While IIoT is gaining in maturity, the overall market still has many challenges to overcome. Some of ...
Leadership and Strategy
Novaria Group | January 14, 2022
On January 12, Novaria Group announced the acquisition of Hydro Fitting Manufacturing Corporation, a maker of bespoke high-pressure valves, charging kits, hose assemblies, and fittings for the aerospace and military industries. This is Novaria's sixth purchase since April 2020, as the company's broad family of aerospace and military components continues to grow. However, the deal's terms have not been made public. Hydro Fitting was founded in 1962 and incorporated in 1...
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