Month: December 2022

  • Graphex Technologies In MOU With Reforme Group To Develop Graphite Manufacturing Facilities In Australia; Mine-To-Battery Graphite Supply

    Graphex Technologies, a wholly owned subsidiary of Graphex Group and a mid-stream processor of natural graphite for use in Li-ion power batteries, entered into a non-binding Memorandum of Understanding (MOU) with Australia-based Reforme Group , a private mining and development group involved in developing processing, to create a strategic alliance…

  • NEO Battery Materials To Integrate Recycled Silicon Into Silicon Anode Materials

    NEO Battery Materials, a developer of silicon anode materials, signed a Memorandum of Understanding (MOU) with an Asia-based producer of high-purity silicon powder through recycling silicon by-product waste from solar photovoltaic cell and semiconductor manufacturing. The recycler will remain confidential until officially disclosed.   The purpose is to enhance the…

  • Hydro Investing In The Green Transition And Norwegian Aluminium Plants

    There is an increased demand for aluminium products with a low-climate footprint and Hydro is investing in new technology to produce low-carbon aluminium. During the last two years, Hydro has initiated projects worth NOK 3 billion at the Karmøy, Husnes, Høyanger, Årdal and Sunndal aluminium plants. The investments at the…

  • Testing Of Unblended Talnode-Si Silicon Anode Material Shows ~5x Energy Capacity Of Graphite-Only Anodes

    Battery anode and materials company Talga Group reported that recent testing by a global Tier-1 EV manufacturer of unblended Talnode-Si—demonstrated ~5x the energy capacity of graphite-only commercial anodes (1,800mAh/g vs 360mAh/g). Talnode-Si is a composite of graphite, graphene and ~50% silicon designed to boost battery energy capacity when blended into…

  • CSN Closes $500m Iron Ore Purchase And Sale Deal With Glencore

    CSN Mineração signed a contract for the purchase and sale of iron ore with Glencore. According to the document filed with the Securities and Exchange Commission (CVM), the project foresees an export prepayment of up to a maximum value of $500 million. The document does not provide further details about…

  • ASSA ABLOY Acquires Janam Technologies In The US

    ASSA ABLOY has acquired Janam, a leading provider of handheld mobile computers and readers, based in the US. This acquisition enhances HID’s event access portfolio to now also include handheld readers for scanning tickets using barcode and RFID technology, including NFC. “I am very pleased to welcome Janam into the…

  • ASSA ABLOY Acquires Janam Technologies In The US

    ASSA ABLOY has acquired Janam, a leading provider of handheld mobile computers and readers, based in the US. This acquisition enhances HID’s event access portfolio to now also include handheld readers for scanning tickets using barcode and RFID technology, including NFC.   “I am very pleased to welcome Janam into…

  • Azad Engineering To Build Exclusive Manufacturing Facility For Mitsubishi Heavy Industries (MHI)

    India’s leading precision engineering company, Azad Engineering, undertook a pioneering initiative by laying the foundation stone for an exclusive manufacturing facility for Japan’s Mitsubishi Heavy Industries. Rakesh Chopdar, Managing Director of Azad Engineering Pvt Ltd, laid the foundation stone for the new 11,800 sq. mts facility. Azad and Mitsubishi’s journey…

  • Dow Receives RecyClass Approval to Mechanically Recycle its Lamination Adhesives

    Dow reports that its MOR-FREE L 75-300/ CR88-300 and ROBOND L-350/ CR-3 adhesives have been verified for recycling. In examining the recyclability of plastic packaging, Dow’s RecyClass considers all the necessary criteria for a closed-loop value chain, such as the current sorting and recycling infrastructures available and widely used in…

  • Cerebrumx And Toyota Partner To Use Connected Vehicle Data To Reduce Fleet Management Costs

    CerebrumX Lab, an AI-driven automotive data services & management platform, is partnering with Toyota to provide real-time insights aimed at making connected fleet operations safer and cost-effective. The partnership is focused on reducing the Total Cost of Ownership (TCO) for fleets by utilizing embedded telematics data from participating Toyota vehicles…

  • Mitsubishi Electric And Mitsubishi Heavy Industries Reach A Basic Agreement To Start Detailed Studies For Business Integration For Power Generator Systems

    Mitsubishi Electric Corporation (“Mitsubishi Electric”) and Mitsubishi Heavy Industries, Ltd. (“Mitsubishi Heavy Industries”) announced that the two companies have reached a basic agreement to establish a joint venture to integrate their businesses in fields focused on power generator systems. It is expected that Mitsubishi Electric will be the majority shareholder…

  • Japanese Firm Mitsubishi Electric Develops Contactless Technology

    Ever since the new variant of the coronavirus took over the world in 2020, contactless remote control and metaverse technologies are being developed in Japan. The Mitsubishi Electric Advanced Technology Research Institute in Japan is researching remote control technology on the theme of no-contact.This initiative is being undertaken so that…

  • Australia Forecasts Lithium Export Earnings Of $16B In 2022-23, Up From $5B In 2021-22

    Australia’s Department of Industry, Science and Resources released the December 2022 edition of the Resources and Energy Quarterly (REQ). Among its findings are that lithium export earnings are expected to exceed $16 billion in 2022–23, up from $5 billion in 2021–22. This will make lithium Australia’s sixth-largest resource and energy…

  • American Securities Announces Agreement To Sell Milk Specialties Global

    American Securities LLC, a leading U.S. private equity firm, announced that it has entered into a definitive agreement to sell Milk Specialties Global, a leader in human and animal nutrition, to Butterfly. Terms of the transaction were not disclosed. The acquisition, which is subject to customary closing conditions, is expected…

  • Caterpillar Demonstrates Electric Mining Truck

    Caterpillar recently demonstrated its first battery electric 793 large mining truck and a significant investment to transform its Arizona-based proving ground into a sustainable testing and validation hub.   Caterpillar completed the development of its first battery electric 793 prototype with support from key mining customers participating in Caterpillar’s Early…

  • Stellantis Plans To Acquire Stake In Symbio, A Faurecia Michelin Hydrogen Company And Leader In Fuel Cell Technologies For Mobility Industry

    Faurecia, a company of the Group FORVIA, Michelin and Stellantis announced exclusive negotiations for Stellantis to acquire a substantial stake in Symbio, a leader in zero-emission hydrogen mobility, to become a significant player along with existing shareholders Faurecia and Michelin. “Symbio’s technical roadmap perfectly matches with Stellantis’ hydrogen roll-out plans…

  • NTPC Limited And GE Power India Limited Sign Mou To Reduce Carbon Intensity From NTPC’s Coal Fired Units

    Carbon reduction from coal power plants is a key challenge and co-firing of low carbon fuel will facilitate the transition towards a low carbon energy economy and subsequent to “Net Zero” emissions. In its efforts to adopt advanced powering technology to decarbonize power generation in India, NTPC Ltd., the country’s…

  • LG Chem Makes Equity Investment In Battery Recycler Jae Young Tech; Targeting Recycling JV In N America In 2023

    LG Chem entered an equity investment agreement worth 24 billion KRW (US$18.6 million) with the waste battery recycling company, Jae Young Tech. Based on this equity investment, the two companies plan to establish a battery recycling joint venture in North America by the end of 2023.   LG Chem will…

  • Apogee Enterprises Reports Fiscal 2023 Third Quarter Results

    Apogee Enterprises, Inc. announced its fiscal 2023 third quarter results. Third-quarter revenue grew 10.1 percent to $367.8 million, compared to $334.2 million in the third quarter of fiscal year 2022, led by Architectural Framing Systems and Architectural Glass. Earnings per diluted share increased to $1.07, compared to $0.44 per diluted…

  • Commencement Of Commercial Operation Of The Offshore Wind Farm Project At Akita Port And Noshiro Port In Akita Prefecture

    Marubeni Corporation (hereinafter, “Marubeni”) has been implementing the first large-scale offshore wind power project in Japan at Akita Port and Noshiro Port in Akita Prefecture (hereinafter, “Offshore Wind Farms”), which is comprised of a bottom fixed offshore wind farm, an onshore substation, and transmission lines (hereinafter, “Offshore Wind Farm Project”).…

  • Riwal And CGI Sign Partnership Agreement

    Riwal accelerates its digital transformation through the partnership with CGI, one of the largest independent IT and business consulting services firms in the world. Digitalisation remains Riwal’s top priority to face the fast-changing economy and get a competitive advantage. Over the past years, Riwal invested heavily in becoming a Digital…

  • Volvo CE Fulfills First North American Electric Wheel Loader Order

    Cleary Stone has had their eye on sustainability for a long time. The Richmond, Vermont-based business provides rock products from gravel to large slabs to customers who care about the earth, so it simply makes sense.   “We work primarily with landscapers who love the earth and enjoy making it…

  • All Audi Production Sites Will Manufacture All-Electric Vehicles By 2029

    As of 2026, Audi will only launch all-electric models onto the global market, gradually phasing out production of its combustion models by 2033. Based on this clear decision made as part of its Vorsprung 2030 corporate strategy, Audi is now taking steps to prepare its global facilities for the production…

  • Blue World Technologies Starts Series Production Of Methanol Fuel Cells

    Blue World Technologies has started the series production of its methanol fuel cells, marked with the official inauguration of the 8,500 m2 Blue Aalborg Factory. The fuel cell factory, which initially has an annual production capacity of 250,000 individual fuel cells, is located in an industrial area at the Port…