In 2012, chemical spending by the world’s top 50 chemical firms fell 1.8% to $961.8 billion, following a 13.7% increase. BASF, Dow Chemical and Sinopec maintained their positions as the largest chemical firms, although the firms’ sales were down 21.7%, 2.1% and 98.6%, respectively. Total operating profits from the 46 firms that reported them fell […]
Company Announcements Takashi Nishijima, director and senior vice president of the Industrial Automation Platform Business, was named representative director and president of Yokogawa Electric, effective April 1. SICK acquired in April Ação Solucão, its Brazilian distributor. Ação Solucão has more than 30 employees. SICK’s 2012 revenues rose 7.6% to €971.3 million ($1,245 million) (see page […]
Electrophoresis has been around for most of the last century, but only during the past decade has the technology expanded its throughput capabilities. Traditional systems had sample throughout capacities that ranged from as little as four to as many as 16 wells/combs. However, with the new breed of higher-throughput systems, these capabilities have increased to […]
Company Announcements Takashi Nishijima, director and senior vice president of the Industrial Automation Platform Business, was named representative director and president of Yokogawa Electric, effective April 1. SICK acquired in April Ação Solucão, its Brazilian distributor. Ação Solucão has more than 30 employees. SICK’s 2012 revenues rose 7.6% to €971.3 million ($1,245 million) (see page […]
Investments slated for the 400 hectare (1,000 acre) Skolkovo technology center under construction near Moscow, Russia, may be in jeopardy due to a recent political dispute. President Vladimir Putin has reversed a decision by Prime Minister Dmitry Medvedev that mandated state firms fund MIT’s Skoltech institute at over $900 million. Russia’s Investigative Committee is examining […]
In June, China’s State Council approved the Ministry of Environmental Protection’s Airborne Prevention and Control Action Plan. China’s government will fund the 2013–2017 Plan at CNY 1,700 billion ($277 billion). Details of the Plan are not finalized, but allowable amounts of particulate matter that measure 2.5 µm or less in diameter, known as PM 2.5 […]
This month, the European Commission (EC) outlined a funding plan for research partnerships as part of the Horizon 2020 program. Pending approval by the Council of the EU and the European Parliament, funding contributed by Horizon 2020, industry and member states will total €22,579 million ($29,709 million) over seven years. The plan includes joint funding […]
Although global renewable energy spending grew 17% in 2011, it fell 11% in 2012 to $269 billion. Spending is likely to fall again this year, mostly due to fossil fuel subsidies and regulatory issues, but rebound over the next few years as technology advances and costs decline. The Group of Twenty (G-20) countries comprised 81% […]
As part of the Food Safety Modernization Act, the FDA proposed two rules this month to ensure that foreign suppliers adhere to the same food safety standards as domestic producers. As part of the proposed Foreign Supplier Verification Programs for Importers of Food for Humans and Animals (FSVP), for the first time, importers would be […]
With the first half of 2013 behind us, it is time to re-examine IBO’s industry forecast for 2013 made in January (see IBO 1/15/13). As in previous years, we should note that our estimates for 2013 were somewhat handicapped by the fact that we did not have the benefit of fourth quarter results for 2012, […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
