Germany

Germany’s Merck to invest 300 million euros in US gas plant

2 years ago
BusinessL

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</p> <p>(Reuters) – Germany’s Merck will invest about 300 million euros ($327.90 million) in the world’s largest integrated specialty gas plant in Hometown, U.S., the company said on Wednesday.</p> <p>The agreement with the U.S. state of Pennsylvania supports “expansion of manufacturing capacity for the semiconductor industry”, it added. </p> <p>The science and technology group plans to invest “significantly more than 3 billion euros” in innovations and capacity expansions to ensure the success of its semiconductor solutions branch, it said in a press release.</p> <p>($1 = 0.9149 euros)</p> <p> (Reporting by Andrey Sychev in Gdansk, Editing by Rachel More)</p> </div> <p>[ad_2]<br /> <br /><a href="https://kalkinemedia.com/de/business-news/business-financial-news/germanys-merck-to-invest-300-million-euros-in-us-gas-plant">Source link </a></p> </div> <footer class="entry-meta"><span class="tag-links"><span class="label">Tags:</span> <a href="https://www.business-line.com/tag/euros/" rel="tag">euros</a>, <a href="https://www.business-line.com/tag/gas/" rel="tag">gas</a>, <a href="https://www.business-line.com/tag/germany/" rel="tag">Germany</a>, <a href="https://www.business-line.com/tag/germanys/" rel="tag">Germanys</a>, <a href="https://www.business-line.com/tag/invest/" rel="tag">invest</a>, <a href="https://www.business-line.com/tag/merck/" rel="tag">Merck &</a>, <a href="https://www.business-line.com/tag/million/" rel="tag">million</a>, <a href="https://www.business-line.com/tag/plant/" rel="tag">Plant</a></span><!-- .tag-links --></footer><!-- .entry-meta --></div> <nav class="navigation post-navigation" aria-label="Posts"> <h2 class="screen-reader-text">Post navigation</h2> <div class="nav-links"><div class="nav-previous"><a href="https://www.business-line.com/global-debt-to-hit-200-trillion-sp-global/" rel="prev">Global debt to hit $200 trillion – S&P Global</a></div><div class="nav-next"><a href="https://www.business-line.com/business-summit-to-give-a-boost-to-france-india-business-partnership-in-all-dimensions-indias-envoy-to-france/" rel="next">Business summit to give a boost to France-India business partnership in all dimensions: India’s envoy to France</a></div></div> </nav> </main><!-- #main --> </div><!-- #end of primary div--> <aside id="secondary" class="col-lg-4 widget-area"> <div class="sticky-sidebar"> <section id="search-5" class="widget widget_search"><form action="https://www.business-line.com/" method="get" class="search-form"> <label class="assistive-text"> Search </label> <div class="input-group"> <input type="search" value="" placeholder="Search" class="form-control s" name="s"> <div class="input-group-prepend"> <button class="btn btn-theme">Search</button> </div> </div> </form> </section><section id="magazinenp_block_post_widget-6" class="widget magazinenp-block-post-widget"> <div class="widget-title-wrapper"><h3 class="widget-title">Recent Additions</h3></div> <div class="row gutter-parent-14"> <div class="col-sm-6 post-col"> <div class="post-item mnp-post-boxed"> <div class="post-content"> <div class="entry-meta category-meta"> <div class="cat-links"> <a class="mnp-category-item mnp-cat-24062" href="https://www.business-line.com/category/uk/" rel="category tag">United Kingdom</a> </div> </div><!-- .entry-meta --> <h3 class="entry-title"><a href="https://www.business-line.com/h1nine-wins-casino-exploring-the-benefits-of-loyalty-programsh1/"><h1>Nine Wins Casino Exploring the Benefits of Loyalty Programs</h1></a></h3> <div class="entry-meta"> <div class="date created-date"><a href="https://www.business-line.com/h1nine-wins-casino-exploring-the-benefits-of-loyalty-programsh1/" title="Nine Wins Casino Exploring the Benefits of Loyalty Programs"><i class="mnp-icon fa fa-clock"></i>1 month ago</a> </div> <div class="by-author vcard author"><a href="https://www.business-line.com/author/xtw183877bca/"><i class="mnp-icon fa fa-user-circle"></i>xtw183877bca</a> </div> </div> <div class="entry-content"> <p>In the dynamic world of gaming, where entertainment and excitement collide, the importance of cultivating a loyal player base cannot be overstated. 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