AGP Executive Report
Last update: 7 hours agoSemiconductors: ASML reported record third-quarter sales of €11.7 billion as AI investment drives demand for chipmaking tools. The company says supply will fall short through 2028 and is examining further manufacturing expansion. Coatings: AkzoNobel and Axalta have named their planned combined company Axanzo, marking a step toward a merger that would create a global coatings group. Water Technology: Brabant Water and Delft-based CIWI are piloting on-site production of ferric chloride for industrial water treatment, aiming to reduce reliance on external chemical supplies. Industrial Output: Dutch production rose 2.6% in August, while eurozone output fell 0.5% for a third straight monthly decline. Offshore Wind: DEME won a contract to install turbines at the 1 GW Dutch Zeevonk wind farm, adding to activity in the country’s offshore energy sector. Energy Storage: Royal Vopak and Vattenfall agreed a 400 MWh tolling deal for a Dutch battery project, supporting grid flexibility.
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