Supermarket group proposes that gov’t help manufacturers source raw materials

A SUPERMARKET industry association proposed that the government aid manufacturers in sourcing raw materials from the Philippines as a means of keeping prices low. Steven T. Cua, Philippine Amalgamated Supermarkets Association president, said government aid in local sourcing will help temper manufacturer price increases. “It would augur well for our economy if the (Department of […]

Creating art from discards

Students from some of Cebu’s universities and state colleges recently got first-hand experience being mentored by award-winning visul artist Jan Leeroy New as Shell Pilipinas conducted the third and last leg of its Art Interact at The Kabilin Center of the Ramon Aboitiz Foundation Inc. in Cebu City on Dec. 10, 2022. The event, evocative […]

Led by Legend Capital, GS Biotech Completes Nearly CNY100 million Pre-A Round Financing

HONG KONG, Dec 9, 2022 – (ACN Newswire via – Recently, Zhongke Guosheng (Hangzhou) Technology Co., Ltd (hereinafter referred to as “GS Biotech”) officially announced the completion of its nearly CNY100 million pre-A round financing, led by Legend Capital. The proceeds will be mainly used for the capacity expansion of core pipeline products 5-hydroxymethylfurfural […]

Revealing crystal structures robotically

TSUKUBA, Japan, Dec 2, 2022 – (ACN Newswire via – Researchers at the National Institute for Materials Science (NIMS) in Japan have automated a complex and labour-intensive process for analysing the results of X-ray diffraction studies, which are used to determine the structure of crystalline materials. The team described the development and application of […]

Price hikes coming if margins erode further — pharma industry

PHARMACEUTICAL manufacturers said they will have no option but to raise prices once their usual margins are halved, but for the moment they are absorbing the higher production costs. Higinio P. Porte, Jr., Philippine Pharmaceutical Manufacturers Association (PPMA) president, said: “We hope to maintain certain margins. We cannot… be on the losing end. If we […]

Mitsubishi Corporation and FEV Consulting Establish New Joint Venture for Materials Industry

TOKYO, Oct 27, 2022 – (JCN Newswire via – Mitsubishi Corporation (MC) is pleased to announce its establishment on October 27, 2022 of a new joint venture company, Beyond Materials Corporation (Beyond Materials), a specialized strategy and engineering service provider that will support materials suppliers on their path to global and sustainable growth. Our […]

Mr. Chow Bok Hin Felix was appointed as the new director of ASTRI

HONG KONG, Oct 24, 2022 – (ACN Newswire via – Niche-Tech Semiconductor Materials Limited (“Niche-Tech Semiconductor” or the “Company”, with its subsidiaries collectively referred as the “Group”; HKEx Stock Code: 8490.HK), a leading semiconductor packaging materials manufacturer, is pleased to announce that Mr. Chow Bok Hin Felix, Executive Chairman and Executive Director of the […]

Windows gain competitive edge over global warming

TSUKUBA, Japan, Sep 1, 2022 – (ACN Newswire via – A French-Japanese research collaboration has fabricated metal nanocomposite coatings that improve the insulating properties of window glasses. The new coating prevents a significant portion of near-infrared (NIR) and ultraviolet rays (UV) from passing through, while at the same time admitting visible light. The findings […]

US donates P27M in books to Bicol

THE UNITED STATES has donated P27 million worth of reading materials for young students in the Bicol region, the US Embassy said in a statement on Tuesday.   It said it handed over 540,000 early grade books to the Department of Education (DepEd) from the United States Agency for International Development (USAID) on Aug. 22.    “We […]

Philconstruct Visayas returns to Cebu

PHILCONSTRUCT Visayas, the country’s largest construction trade show, officially returned to Cebu on Thursday, July 21, 2022 at the Waterfront Cebu City Hotel and Casino.The country’s largest construction trade show features more than 200 exhibitors for over 360 brands showcasing items and products such as heavy machine and equipment, tools, lighting, and generators, among others. […]

Teijin and Fujitsu Agree to Jointly Develop Blockchain-based Commercial Platform to Promote Sustainable Use of Recycled Materials

TOKYO, Jul 12, 2022 – (JCN Newswire via – Teijin Limited (hereinafter Teijin) and Fujitsu Limited today launched a joint project to realize a blockchain-based commercial platform for enhancing the environmental value of recycled materials for manufacturers. The collaboration will promote environmentally conscious design(1) by leveraging Teijin’s Life Cycle Assessment (LCA) Calculation Method for […]

NCR building materials price growth fastest in over 5 years

By Ana Olivia A. Tirona, Researcher RETAIL PRICES of construction materials in the National Capital Region (NCR) grew to its fastest pace in more than five years in February amid supply chain constraints, preliminary data from the Philippine Statistics Authority (PSA) showed. According to the PSA, Metro Manila’s construction materials retail price index (CMRPI) quickened […]