Industry News

More than 100,000 South Koreans Sign a Petition Against Japan''s Discharge of Nuclear Wastewater

Over 100,000 South Koreans signed a campaign against Japan''s intended discharge of radioactive water from its damaged Fukushima nuclear power plant.

Government extends and Waiver’s ISTS Charges for Green Hydrogen & Green Ammonia and off-shore Wind Energy projects

Central government gives complete waiver of ISTS of 25 years for off-shore wind energy projects and extends ISTS Charges for Green Hydrogen & Green Ammonia commissioned before Dec 2032

Adani Group planning on acquisitions of ACC-Ambuja Cement to expand Capacity

Adani Group is planning to acquire ACC- Ambuja cement to double its production capacity to 140 MT by the end of the fiscal year 2028, with a total capex of USD 5520 million, the cost being roughly equally split between the two companies.

South Africa's Energy Grid Struggles: A Warning for Power Crisis Globally

South Africa is currently grappling with a severe power crisis that has raised concerns about the country''s energy security and economic stability.

PPKNatura - World’s first Polyethylene Terephthalate Resin Produced from Waste Carbon

LanzaTech Global Inc. & Plastipak has partnered to produce PPK Natura, which is the world’s first polyethylene terephthalate resin made from waste carbon.

Defense Sector Passes INR 1 Trillion Mark, Accomplishing Historic Milestone

With strong support from the Ministry of Defense (MoD), the value of defense production in the fiscal year 2022-23 has reached a significant milestone of Rs one lakh crore, which is an exceptional achievement.

Boehringer Ingelheim’s Cyltezo Pen Receives FDA Approval

Cyltezo pen, an autoinjector designed to be reliable and accessible option for administering adalimumab, in treatment of several chronic inflammatory diseases gets approval from FDA.

Arkema Acquires Polytec PT to Strength their Engineering Adhesive Portfolio

Arkema Acquires Polytec PT to Strength their Engineering Adhesive Portfolio

BASF Investment in Anode Binder Production to Support Lithium-Ion Battery Industry

With the accelerating shift towards electric, BASF has decided to invest in the production of waterborne negative adhesives to support the lithium-ion battery industry.

''Guerilla'', a new Android malware, infects millions of Android devices globally

Security specialists have discovered a new Android virus called "Guerilla" that has infected millions of smartphones globally, which is a remarkable discovering.

Lummus Acquires Water and Wastewater Treatment Technologies from Siemens Energy

Lummus Technology, a renowned leader in developing technological solutions for a sustainable future, has recently announced a significant agreement with Siemens Energy.

Abbott’s Assert-IQ Insertable Cardiac Monitor Device receives approval from US FDA

Abbott Labs, Inc. receives its first premarket approval from the FDA for Assert-IQ insertable cardiac monitor device.

Asian Development Bank signed a loan worth USD 141.12 million with India to Boost Infrastructure Development

Recently on 25th May 2023, The Asian Development Bank (ADB) and India Government inked a loan deal for USD 141.12 million to support infrastructure development in three industrial clusters located in the state of Andhra Pradesh, India according to the Ministry of Finance, India.

28 Years After Pulling Out, NNPC Resumes Crude Oil Drilling Campaign in Chad Basin

Almost three decades after leaving the location due to the revelation that the oil find at the time was not in commercial quantity, Nigerian National Petroleum Company Limited (NNPC) officially started its drilling campaign in the Chad Basin, Borno State, yesterday.

For Sembcorp Industries, Mitsubishi Power would Build A 600MW Hydrogen-Ready Power Plant in Singapore

Mitsubishi Power, a leading global provider of energy solutions, collaborated with Sembcorp Industries to develop a 600 megawatt (MW) hydrogen-ready power plant.

DJB Plans to Increase Water Output by Installing Two Hundred Tubewells

DJB Plans to Increase Water Output by Installing Two Hundred Tubewells

Fuel Cell Energy and Chart Industries collaborate on Hydrogen and Decarbonization Technologies

A Memorandum of Understanding (MoU) has been signed between FuelCell Energy and Chart Industries to work on developing a technology of carbonate fuels which can produce electricity while recycling CO2

India's Renewable Energy Sector Surpasses 300 GW Milestone

India's renewable energy sector has achieved a significant milestone by surpassing the 300 GW mark, with 172 GW already installed and an additional 129 GW under implementation and tendered, according to recent reports.

Brazil Rejects Offshore Oil Drilling Request from State Oil Company

Recently, Petrobras was denied permission by Brazil''s environmental regulator to conduct an oil exploration operation near the mouth of the Amazon River. The oil business planned to begin drilling in the Tapajos Basin, which is a region close to Brazil''s northern coast.

Wipro Expands Google Cloud Partnership to Advance Enterprise Adoption of Generative AI

Wipro, a leading global information technology, consulting, and business process services company, has announced the expansion of its strategic partnership with Google Cloud to accelerate the adoption of generative artificial intelligence (AI) in the enterprise sector.