Industry News

HPL to Invest $360 Million in New Chemical Plants in West Bengal

Haldia Petrochemicals (HPL) will invest Rs 3,000 crore (USD 360 million) to set up new chemical plants in West Bengal. This includes the first on-purpose propylene plant and a phenol unit which will come up at its existing manufacturing facility at Haldia.

Saudi Arabia is set to introduce its inaugural real estate legislation for facility management in the first quarter of 2024

As stated by Abdullah Al-Hammad, the CEO of the Real Estate General Authority (REGA), Saudi Arabia is poised to introduce its inaugural legislation for the regulation of facility management within the real estate sector in the first quarter of 2024.

Idemitsu and Toyota Collaborate to Advance Solid-State Battery Technology for Electric Vehicles

Japanese companies Idemitsu Kosan Co. (Idemitsu) and Toyota Motor Corporation have recently joined forces to advance the development and mass production of solid electrolytes for solid-state batteries, a critical component of battery electric vehicles (BEVs).

SKC to sell Polyurethane Material Division to focus on Eco-Friendly Material Businesses

SKC, one of South Korea''s top chemical product makers, will sell its polyurethane raw material business, in a bid to accelerate the company''s businesses focused on secondary batteries, semiconductors, and eco-friendly materials.

Aliving Launched Multifunctional Coffee Table

United States: In 2023, Aliving introduced a multifunctional coffee table in California, United States.

Aliving Launched Multifunctional Coffee Table

United States: In 2023, Aliving introduced a multifunctional coffee table in California, United States.

Mozambique Reveals Chosen Contractors for 30MW Solar Photovoltaic (PV) Projects

ARENE, the energy regulatory authority of Mozambique, has unveiled its selection of four preferred bidders for the establishment of two 30MW solar photovoltaic (PV) projects.

U.S. Grants Approval for Samsung and SK Hynix to Ship Chip Manufacturing Equipment to China

In a significant development within the global semiconductor industry, the United States has granted permission to two major tech giants, Samsung and SK Hynix, to export critical chip manufacturing equipment to China.

TCS Aims to Boost Margins Through Strategic Microsoft AI Partnership

In a bid to enhance operational efficiency and elevate profit margins, Tata Consultancy Services (TCS), a global leader in IT services, is set to leverage its partnership with Microsoft and integrate cutting-edge artificial intelligence (AI) solutions into its operations.

Falcon Oil & Gas, in conjunction with their joint venture collaborator Tamboran Resources, successfully concluded drilling Operations

London-listed Falcon Oil & Gas, in partnership with Tamboran Resources, has successfully completed the drilling of a pivotal shale well situated onshore in Australia.

Bayer Fuels Future of Cell Therapy with USD250 Million Investment in Cutting-Edge U.S. Manufacturing Facility

The new Berkeley-Based Facility will supply Cell Therapy Products for Clinical Trials and Parkinson's Treatment Development

Taiwanese Semiconductor Suppliers Plan to Invest in European Chip Factories

In the global race for semiconductor chips, Taiwanese suppliers are considering investing in European chip factories, according to a report by The Next Web.

Forvia Supplier of Automotive Technology and Chery the Leading Chinese Car Manufacturer to Jointly Develop Intelligent Cockpits

Forvia Supplier of Automotive Technology and Chery the Leading Chinese Car Manufacturer to Jointly Develop Intelligent Cockpits

Reliance Brands to Acquire Majority Stake in Superdry IP for Indian Territory

Reliance Brands, a division of Reliance Industries, and UK-based clothing retailer Superdry PLC formed a joint venture to secure Superdry brand''s intellectual property rights in Bangladesh, India, and Sri Lanka.

Inaugural Solar-Hydro Hybrid Power Plant in Kenya Becomes Operational

Hydrobox, a Belgian hydropower company, and SolarNow, a Kenyan C&I solar company, have jointly inaugurated a hybrid solar-hydro plant in Gitwamba, rural Nairobi.

GE Vernova''s Hydro Power division successfully installs and activates four 175 MW units at Nigeria''s second-largest hydroelectric power plant

GE Vernova’s Hydro Power business has completed the commissioning of the four 175 MW Francis hydropower turbines and generators at the Zungeru project in Nigeria.

Sanofi and Teva Unveil Exclusive Partnership for Advancing Inflammatory Bowel Disease Treatment

Sanofi's Expansion Strategy Persists with USD1.5 billion Licensing Deal for Teva's IBD Drug.

Baudax Bio’s, Tregs Therapy Granted Orphan Drug Designation for Hemophilia A

Baudax Bio, Inc. Receives FDA Orphan Drug Designation for Ti-168 in Hemophilia A with Inhibitors Treatment.

Honda And Acura Electric Vehicles Will Have Access to Largest EV Charging Networks in North America

American Honda Motor Co., Inc. has made significant strides in expanding its electric vehicle (EV) charging network with agreements announced with EVgo and Electrify America.

Possible Link Between Ativan and Poor Survival Outcomes in Pancreatic Cancer Uncovered

This medication triggers the activation of a protein associated with the promotion of tumour growth.