SAP SE (NYSE: SAP), a global leader in business software solutions, has announced a significant partnership with SKF, a leading manufacturer of bearings and rotating equipment, to implement the RISE with SAP solution. This strategic move is aimed at future-proofing SKF’s global operations by simplifying its IT infrastructure and leveraging cutting-edge technologies such as artificial […]
ABB has partnered with Mahindra & Mahindra Ltd (M&M), a leader in India’s SUV market, to implement its innovative PixelPaint technology in Mahindra’s new electric vehicle (EV) paint facility, scheduled to start serial production in 2025. This collaboration marks a significant advancement in automotive painting technology, combining ABB’s cutting-edge capabilities with Mahindra’s expertise in vehicle […]
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, recorded a significant 15% increase in sales in June 2024, selling 503,448 units. This growth is notable compared to the 436,993 units sold in the same month last year. In the domestic market alone, the company saw a 16% rise, selling 491,416 units this June […]
Novo Nordisk, a global leader in pharmaceutical manufacturing, has unveiled plans to invest $4.1 billion (approximately 27 billion Danish kroner) to establish a second fill and finishing manufacturing facility in Clayton, North Carolina. This initiative marks one of the largest manufacturing investments in the company’s history and aims to significantly enhance its capacity to produce […]
In a significant boost to India’s manufacturing and export capabilities, Jindal Stainless, the largest stainless steel manufacturer in India, has successfully supplied stainless steel for the production of 100 ‘Made in India’ freight wagons. These wagons, destined for Mozambique, were shipped from Gujarat’s Deendayal Port to the Port of Nacala, with the Ministry of Ports, […]
CTC Global has officially opened its fifth ACCC Conductor Core manufacturing facility, strategically located in Pune, India. This new facility marks a significant step in CTC Global’s commitment to supporting India’s initiative to expand and enhance the efficiency of its power grid, which is the third largest in the world in terms of production and […]
Fonon Corporation, a multi-market holding company and leader in advanced laser material processing systems, is making significant strides in the construction industry with its Bulk-To-Shape (BTS) additive manufacturing/3D metal printing technology. This technology is currently in development and aims to revolutionize how construction professionals produce parts and tools directly on-site. Transforming Construction with BTS Technology […]
New Zealand Aluminium Smelters (NZAS) has successfully negotiated a series of 20-year electricity supply agreements with key providers to sustain its operations at the Tiwai Point aluminium smelter. This long-term commitment ensures a steady supply of high-purity, low-carbon aluminium, critical for the global energy transition. The contracts, involving an aggregate of 572 megawatts (MW) from […]
GE Vernova Inc. (NYSE: GEV) has announced a strategic contract to supply its state-of-the-art FLEXINVERTER solar power station to Kalyon PV in Viranşehir, Turkey. This collaboration aims to power Kalyon Enerji’s 157 megawatt (MW) solar photovoltaics (PV) factory, positioning it as one of the first in Turkey to manufacture solar panels using 100% renewable electricity. […]
Ferrexpo plc and Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG, have announced a significant advancement in their partnership by signing a Memorandum of Understanding (MoU) to supply high-quality direct reduction (DR) iron ore pellets. This collaboration is a strategic move towards low-carbon steel production, aligning with Salzgitter’s SALCOS decarbonisation program. Enhanced Collaboration for Sustainable […]