Linde CEO to leave company

Linde CEO to leave company

NEWS Metal Powder Report  Volume 71, Number 6  November/December 2016 Sumitomo to acquire Keystone PM Sumitomo Electric Industries is to acquire K...

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NEWS

Metal Powder Report  Volume 71, Number 6  November/December 2016

Sumitomo to acquire Keystone PM Sumitomo Electric Industries is to acquire Keystone Powdered Metal Company, a US manufacturer of powdered metal components. The agreement will be entered into between Keystone, Sumitomo Electric USA Holdings Inc. (SEUHO), a US 100% subsidiary of Sumitomo Electric and a special purpose corporation to be established by SEUHO. SEUHO will acquire 100% stock

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of Keystone through the merger between Keystone (merging company) and the special purpose corporation. The acquisition is scheduled to be completed by the end of September. The powdered metal components business of the Sumitomo Electric Group has expanded globally from its beginnings as Sumitomo Electric Sintered Alloy Ltd and supplies a variety of products primarily to

Japanese manufacturers of cars, air conditioners, and automotive components. ‘This acquisition will enable us to expand sales networks for US car manufacturers as well as auto-parts manufacturers, enhance our presence in the US, and capture further business opportunities,’ the company said in a press release. Sumitomo Electric Industries; www.global-sei.com

Rubotherm’s instruments are based on a patented magnetic suspension balance that allows for contactless measurement of mass changes of samples in a closed reactor under controlled environments with high resolution and accuracy. Applications include gravimetric measurements over a wide temperature range, under vacuum or high pressures, using corrosives, toxics or vapors as reaction atmospheres.

‘Rubotherm brings a great new technology and capability to TA in the form of their patented magnetic suspension balance,’ said Terry Kelly, president of TA Instruments. ‘The application of this technology in TGA opens new markets for TA and further extends our world leading position in thermal analysis.’

disappointed that I could not reach the goal of creating the number one globally. This has not been an easy decision.’ The supervisory board of Linde AG said ¨ chele’s decision with that it accepted Dr Bu deep regret and has asked him to continue to serve in his position until his contract expires and to assume the additional position of labor director. ‘I would like to underscore personally that ¨ chele and I have always worked toDr Bu gether with the highest degree of openness, trust and loyalty,’ said the chairman of the

supervisory board, Professor Dr Wolfgang ¨ chele has led the discussions Reitzle. ‘Dr Bu regarding a potential merger with Praxair with a great sense of responsibility and has come to the conclusion that, despite all of the potential benefits, the interests of Linde’s German presence and of a balanced merger would not have been secured. Linde will now redouble its focus on its core markets and expand the company’s competitive position based on its considerable inherent strengths.’ Linde; www.linde.com

ended his working career as a member of the Extended Board of Hilti AG in Liechtenstein, where he retired in 2005. According to the MPIF, the Huppman was a significant contributor to the organization’s conferences and served on the APMI Editorial Advisory Committee. He was a primary organizer of the 1986 International ¨ sselPowder Metallurgy Conference in Du dorf, Germany, sponsored the EPMA. He was chairman of the German Society for

Metal Science and vice chairmen of the ¨ r Pulvermetallurgie German Ausschuß fu (Committee on Powder Metallurgy). He was awarded the Ivor Jenkins Medal by the Institute of Metals (UK) at the 1990 PM World Congress, the Skaupy Award ¨ r Pulvermetallurgie from the Ausschuß fu in 1991 and, in 2008, EPMA honored him with their Distinguished Service Award.

TA Instruments acquires Rubotherm TA Instruments, a manufacturer of analytical instruments for thermal analysis, rheology, and microcalorimetry has acquired Rubotherm, which supplies analytical test instruments for thermogravimetric and sorption measurements. The instruments can be used in industrial and academic research laboratories in disciplines that include chemistry, material science and engineering.

TA Instruments; www.tainstruments.com

Linde CEO to leave company ¨ chele, the chief executive Dr Wolfgang Bu officer (CEO) of Linde AG, will not continue in his position following the expiration of his current employment contract in April 2017. ‘My decisions at the top of our company have always been guided by the credo to further develop Linde as a successful, competitive, and strong global company,’ said ¨ chele. ‘In my professional career, I Dr Bu have always measured myself according to my ability to attain the objectives I set for myself. Based on that, I was personally

Death of distinguished PM specialist Winfried J Huppmann, a distinguished member of the international powder metallurgy community, passed away on 13 August 2016, reports the MPIF. Huppmann began his professional PM career working at Sherritt Gordon Mines, Canada, in 1970 before moving on to MaxPlanck-Institute for Metals Research, Stuttgart, Germany. He worked as director of ¨ ge GmbH R&D at Sintermetallwerk Krebso (today GKN Sinter Metals). Huppmann

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MPIF; www.mpif.org