(IN BRIEF) Wood has secured a contract from TA’ZIZ to provide project management consultancy for the UAE’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi. The facility will be one of the largest in the world, producing … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Technology, United Kingdom
Tagged 2028, Abu Dhabi, Al Ruwais Industrial City, chemical facilities, clean energy technology, construction, Eastern Hemisphere Projects, energy transition, energy-efficient plant, EPC contractor, Gerry Traynor, methanol production, Middle East projects, PMC, Project Management Consultancy, TA'ZIZ, UAE, Wood
(IN BRIEF) BayWa AG has completed the sale of its 47.53% stake in RWA Raiffeisen Ware Austria AG (RWA AG), a move that reduces its bank liabilities by over €500 million. The transaction, worth €176 million, followed the necessary regulatory … Read the full press release
Posted in Agriculture, Austria, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged 2028, agriculture, BayWa AG, building materials, ENERGY, financial position, liabilities reduction, liquidity, operational restructuring, partnership, RAIG, regulatory approval, RWA Raiffeisen Ware Austria, sale, stake, sustainabulity, transformation, €176 million
(IN BRIEF) Hydro has unveiled plans to invest in a new wire rod casthouse at its Karmøy aluminium smelter in Norway, aiming to supply aluminium for Europe’s critical energy infrastructure. With a production capacity of 110,000 tonnes per year, the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Investment, Management, Media, Metals and Minerals, News, Norway
Tagged 2028, aluminium, aluminium conductor, automotive, building systems, casthouse products, critical energy infrastructure, Eivind Kallevik, energy transition, EU, Hydro, investment decision, Karmøy, low-carbon aluminium, NOK 15 billion, Norway, power cables, primary aluminium, production capacity, R&D, recycled aluminium, renewable energy, smelting technology, wire rod casthouse
(IN BRIEF) Volkswagen has partnered with the German start-up Revoltech GmbH to develop a 100% bio-based leather alternative made from industrial hemp. This sustainable material, named LOVR™, is being designed for use in car interiors and could be integrated into … Read the full press release
Posted in Automotive, Environment, Germany, Industrial
Tagged 2028, ACCELERATE strategy, Andreas Walingen, automotive industry, bio-based adhesive, bio-based leather alternative, car interiors, circular material, collaboration, Components Development, compostable, customer feedback, design, eco-friendly, Germany, hemp fibers, industrial hemp, Kai Grünitz, large-scale production, LOVR™, Lucas Fuhrmann, Materials Technology, recyclable, resource conservation, Revoltech GmbH, sustainability, sustainable material, Volkswagen, Volkswagen Group Innovation
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