Global Chemical Machinery M&A Wave: Siemens Energy Acquires Dutch Mixing Leader
Summary: Siemens Energy acquired Dutch high-end mixing equipment manufacturer MIXTEC for €1.8 billion, aiming to integrate its smart fluid control technology with Siemens’ industrial IoT platform. MIXTEC holds over 30% market share in nanomaterial dispersion and bioreactors, bolstering Siemens’ competitiveness in fine chemical and pharmaceutical equipment markets. Source: Reuters (October 5, 2023) Market Trend: Rising […]
Breakthrough in Domestic Large Reactor Technology: First Million-Ton Ethylene Cracker Successfully Operated
Summary: Sinopec announced the official commissioning of China’s first domestically developed million-ton ethylene cracker at Zhenhai Refining & Chemical Complex. The equipment uses high-temperature-resistant alloy materials and an intelligent control system, reducing energy consumption by 15% and increasing production capacity by 20%. This achievement breaks foreign technology monopolies, marking China’s entry into global leadership in […]
