Page 173 - CW E-Magazine (14-5-2024)

News from Abroad

ducers of niobium, iron-ore, tantalum, motors, residential appliances, and laser focused on laying the ground-
lithium, vanadium and bauxite. many other industries. Connecting and work for rare earth supply by securing
integrating into the developing alter- offtake from diverse projects around
Commenting on the development, nate rare earth materials supply chain the world. We are excited to add the
Meteoric Resources’ CEO, Mr. Nick signals strong external market confi- Caldeira project to our growing pipe-
Holthouse, said, “This deal represents dence in the Caldeira Project`s ability line of prospective sources of rare earth
Meteoric’s first step in our staged to progress to an FID and into produc- feedstock which could enable us to
offtake strategy, and we are delighted to tion.” increase capacity utilisation at Silmet
support Neo in their aim to provide and supply the needs of our sintered
high-performance magnets for automo- Neo Performance Materials’ CEO, rare earth magnet plant in Europe when
tive, factory automation, high-efficiency Mr. Rahim Suleman, added, “We are it comes online”.

LEADERSHIP CHANGE
Dr. Markus Kamieth takes over as new CEO of BASF

Upon the conclusion of BASF’s of Executive Directors of BASF SE
Annual Shareholders’ Meeting 2024 since 2017. Dr. Kamieth was closely
on April 25, Dr. Markus Kamieth has associated with BASF’s expansion
become the new Chairman of the Board plans in China. After Russia’s
of Executive Directors of BASF SE. invasion of Ukraine, the chemical
At the Annual Shareholders’ Meeting in giant’s China strategy has come under
Germany, outgoing Chairman Dr. Martin scrutiny as Germany has become
Brudermüller presented his successor increasingly anxious about the reliance
with a cycling jersey printed with the of large swaths of its industry on the
BASF logo. Chinese market. Industry observers
expect Dr. Kamieth to face huge chal-
Dr. Kamieth obtained his docto- lenges in his job, as he would need to
rate in organic chemistry at the Univer- secure BASF’s competitiveness of the
sity of Essen in 1998 and started his European locations as well as oversee
career at the company one year later. its investments in China and battery
He has been a member of the Board recycling operations.
ChargePoint investing in single-use manufacturing

facility at UK site

ChargePoint Technology, the UK- ment solutions that are essential for the introduce a dedicated product develop-
based specialist in powder and liquid safe transfer of powders and liquids dur- ment and test cell. Alongside the open-
transfer, has invested in a new manu- ing pharmaceutical and biopharmaceu- ing, we’re about to launch three new
facturing facility dedicated to its sin- tical manufacturing. The company said products that mark a significant mile-
gle-use products in Speke, Liverpool, the new facility is adjacent to its current stone in ChargePoint’s growth strategy
to address increased demand in the headquarters and will become fully ope- as we look to expand our operations
market for disposable technologies and rational in June 2024. It will significantly and evolve our solutions to meet our
equipment. The new site will boast a increase ChargePoint’s overall clean- customers’ ever-changing needs”. The
new high-tech cleanroom alongside a room capacity at this location. company said the new product launches
temperature and humidity-controlled will address growing demand in the
storage facility for single-use solu- Mr. Chris Eccles, CEO of Charge- market for solutions that maintain
tions. ChargePoint Technology offers Point Technology, commented, “The optimum containment and sterile integ-
containment and aseptic transfer valves, new facility will become a centre of rity for closed powder transfer, for both
single-use and fluid storage and manage- excellence at ChargePoint HQ as we small and medium-scale production.

Chemical Weekly May 14, 2024 173

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