Tag: Manufacturing

State to pay INR 2,500 more over escalated Pachpadra refinery cost

The state government was ‘dilly-dallying’ on accepting HPCL’s cost escalation demand, which was first made in August 2021. The state petroleum department then appointed Mecon to do a review. Jaipur: The state government will pay INR 6,200 crore as part of its equity share in the Pachpadra refinery, instead of INR 3,700 crore as per… Continue reading State to pay INR 2,500 more over escalated Pachpadra refinery cost

Apollo Tyres to source 100% of its natural rubber from companies committed to new sustainability guidelines

Apollo Tyres is now sourcing 100% of its natural rubber supplies from companies who have committed to sustainability throughout the supply chain, aligning with the code of conduct set out by the Global Platform for Sustainable Natural Rubber (GPSNR). The new initiative, which came into full effect recently, and forms part of Apollo Tyres’ Global… Continue reading Apollo Tyres to source 100% of its natural rubber from companies committed to new sustainability guidelines

@BMW: The All-New 2024 BMW 5 Series.002738

Woodcliff Lake, NJ – May 24 2023… More dynamic than ever, featuring a wealth of digital innovations and, for the first time ever, available fully electric – this is the new BMW 5 Series. In the form of the all-electric BMW i5, the latest edition of the celebrated BMW 5 Series takes the lead on… Continue reading @BMW: The All-New 2024 BMW 5 Series.002738

Gestamp and In-Comm launch new training centre

Automotive supplier, Gestamp, has joined forces with In-Comm Training to boost its learning and development offer and support employee retention. Gestamp, which manufactures metal components for use in car body structures, has invested in a dedicated training centre at its plant in Four Ashes in Wolverhampton. The six classrooms are being used to deliver Lean… Continue reading Gestamp and In-Comm launch new training centre

Logistics Automation Market to Hit $90.00 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, May 24, 2023 /PRNewswire/ — The global logistics automation market size is expected to reach USD 90.00 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 14.7% over the forecast period. Logistics operations are critical factors in the smooth functioning of… Continue reading Logistics Automation Market to Hit $90.00 Billion by 2030: Grand View Research, Inc.

CELULARITY ANNOUNCES $45 MILLION PURCHASE ORDER, FIRST MIDDLE EAST PRIVATE LABEL AGREEMENT FOR CELULARITY’S HALAL-CERTIFIED BIOMATERIAL PRODUCTS

Builds on Celularity’s December 2022 announcement of Halal Certification of its commercial-stage biomaterial products, and clinical and investigational stage cellular therapeutic programs Marks an important first step in Celularity’s expansion strategy into the Middle East with a priority focus on the GCC In line with Celularity’s mission to deliver cutting-edge biomaterial products that are manufactured… Continue reading CELULARITY ANNOUNCES $45 MILLION PURCHASE ORDER, FIRST MIDDLE EAST PRIVATE LABEL AGREEMENT FOR CELULARITY’S HALAL-CERTIFIED BIOMATERIAL PRODUCTS

Servo Motors and Drives Market to Surpass USD 18,383 Million Revenue by 2030, Says P&S Intelligence

NEW YORK, May 23, 2023 /PRNewswire/ — The global servo motors and drives market is projected to be worth USD 18,383 million by 2030, growing at a CAGR of 5.4%, according to P&S Intelligence.  This can be credited to the improvements in technology, the execution of government guidelines, including Minimum Energy Performance Standards (MEPS), in numerous… Continue reading Servo Motors and Drives Market to Surpass USD 18,383 Million Revenue by 2030, Says P&S Intelligence

Boom Supersonic and Dimensional Energy Announce Sustainable Aviation Fuel Offtake Agreement

Boom furthers net zero carbon commitment with purchase of 5 million gallons of SAF per year made from captured carbon emissions DENVER, May 23, 2023 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, announced today it has signed a sustainable aviation fuel (SAF) offtake agreement with Dimensional Energy, which produces carbon neutral… Continue reading Boom Supersonic and Dimensional Energy Announce Sustainable Aviation Fuel Offtake Agreement

Reclaimed Kentucky Coal Mine Sees the Sun Shining on New Solar Power Purchase Agreement with Toyota

Brownfield coal mining site to be converted to produce clean, renewable solar energy Site located in energy community featuring existing transmission infrastructure Toyota signs agreement with Savion to offtake 100 MW of electricity to be generated by project MARTIN COUNTY, Ky., May 24, 2023 /PRNewswire/ — The sun will power more of Toyota Motor North… Continue reading Reclaimed Kentucky Coal Mine Sees the Sun Shining on New Solar Power Purchase Agreement with Toyota