Industry News

Avina Clean Hydrogen and Chart Industries collaborate on California Green Hydrogen Project

Avina Clean Hydrogen has announced a partnership agreement with Chart Industries to work on developing a green hydrogen plant in Southern California

India Plan LNG Terminal in Iraq

NEW DELHI: India is making plans to construct a liquefied Natural Gas (LNG) terminal in Iraq because it seems to diversify materials and improve its strength security, a central authority reliable said.

Lumos Diagnostics Limited receives US-FDA Clearance for FebriDx POC Test

FebriDx POC Test, an aid to diagnose bacterial acute respiratory infection receives FDA approval in United States.

Shell CEO Calls It ‘Irresponsible’ To Cut Oil Production Now

LONDON (AP) — The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at a time when the world economy is still dependent on fossil fuels.

LyondellBasell Acquired of Mepol Group to Strengthen their Sustainability Goals

LyondellBasell Completes Acquisition of Mepol Group and its subsidiaries Polar and Industrial Technology Poland to strengthen its advanced polymer solutions (APS) business unit.

U.S. oil and gas production set to turn down later in 2023

After Russia's invasion of Ukraine in the middle of 2022, U.S. oil and gas production continued to trend upward through April as a delayed response to extremely high prices.

In Tamil Nadu, Cleantech Solar Corp. decided to develop C&I Solar PV Projects of 60 MWp Capacity

Cleantech Solar Corporation Pte Ltd involved in a developer that finances, constructs, owns and operates wind and solar photovoltaic projects and is headquartered located in Singapore decided to develop C&I solar PV projects of 60 MWp capacity in Tamil Nadu.

U.S. FDA Grants Approves Gene Therapy for Hemophilia A

The U.S. FDA approves the first and only gene therapy by BioMarin Pharmaceutical Inc- ROCTAVIAN™ (valoctocogene roxaparvovec-rvox), that severely reduces the dangerous bleeding problems due to the inheritance conditions.

Lilly clinches a $2.4Billion deal for the acquisition of DICE Therapeutics

Eli Lilly to promote its immunology business by acquiring DICE’s pipeline oral interleukin (IL)-17 inhibitors that are presently in clinical development, to treat psoriasis and other IL-17-mediated chronic immunological disorders.

The Union Government Introduces PM PRANAM Scheme to Incentivize States to use non-Chemical Fertilizers

The Centre plans to introduce a new scheme – PM PRANAM, which stands for PM Promotion of Alternate Nutrients for Agriculture Management Yojana to reduce the use of chemical fertilizers by incentivizing states.

Charlie Banana Launches New Collection of Reusable Diapering Products

United States: In 2023, Charlie Banana launched a new collection of reusable diaper products, introducing 13 new diaper design.

Acquisition of Haystack Oncology, Inc. by Quest Diagnostics

With the addition of sensitive MRD liquid biopsy technology to its portfolio of cancer diagnostics, Quest Diagnostics completes the acquisition of Haystack Oncology, Inc.

The World’s First Saliva Pregnancy Test Goes On Sale

Salistick, world’s first Saliva-based pregnancy test is launched in the United Kingdom by Abingdon Health

Vibrant Energy''s CEO Srinivasan Viswanathan Announces 4 GW RTC Renewable Energy Projects in the Pipeline

In an exciting development for India''s renewable energy sector, Vibrant Energy''s CEO, Srinivasan Viswanathan, recently announced the company''s ambitious plans to develop 4 GW of Renewable Energy projects under the Renewable Technology Company (RTC).

London Water Companies Criticized For Nearly 2,000 Sewage Discharges In A Year, Only Detected Twice

In an effort to reduce sewage dumping in the city''s rivers, the Mayor of London, Sadiq Khan, has been urged to take action to stop the practice. Data has revealed that London''s water companies have only been prosecuted twice in the last four years

Rich countries pledge USD 2.7 bn to Decarbonise Senegal Economy

Paris: A group of rich nations and multilateral development banks have pledged to mobilize 2.5 billion euros to help Senegal reduce its dependence on fossil fuels, President Macky Sall said on Thursday.

Polycarbonate-Based Films and Sheet Business of SABIC acquired by ROHM

Rohm has signed the Sale and Purchase Agreement for the acquisitions of Functional Forms, the polycarbonate-based films and sheet business unit of SABIC.

Delayed Infrastructure Projects in India

Out of 1,681 infrastructure projects, 408 had cost overruns and 814 were delayed, according to the Ministry of Statistics and Programme Implementation, which monitors projects with an investment of 150 crore or more.

More Than 4,000 Applied for Rooftop Solar Panels in India

In India, the (SBPDCL) announced a target to increase solar power generation by up to 10 megawatts (MW) under the Grid Connected Rooftop Scheme by the end of December 2023. Approximately 4,439 domestic consumers have already applied for the installation of rooftop solar panels.

Surmodics’ SurVeil Drug-Coated Balloon Approved by US FDA

Surmodics, Inc. announced that they have received FDA approval for the next generation SurVeil drug-coated balloon for the treatment of peripheral artery disease (PAD).