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South Korea
Lotte and Hyundai to Merge Some Petrochem Units
Lotte Chemical and HD Hyundai Chemical have agreed to consolidate part of their naphtha-cracking operations at the Daesan petrochemical complex in South Chungch…
Electric Vehicles
Toyota October Output Grows for Fifth Straight Month on Strong US Demand
Toyota Motor (7203.T) reported on Thursday that its global vehicle production increased for the fifth consecutive month in October, supported by continued stron…
Photovoltaic (PV)
Sterling and Wilson Secures $147M EPC Contract for Solar Project in South Africa
Sterling and Wilson Renewable Energy Limited (SWREL) has secured a turnkey engineering, procurement, and construction (EPC) contract worth approximately Rs 13.1…
United Kingdom
UK Government Selects Hal’s £49BN Expansion Plans for Heathrow
The UK government has selected Heathrow Airport Limited's (HAL) proposal as the preferred scheme for expanding Heathrow with a third runway. Transport Secre…
Germany
Uniper and Thyssenkrupp Uhde Sign Framework Agreement for Ammonia Cracking Technology
Thyssenkrupp Uhde GmbH and Uniper SE have signed a framework agreement for the licensing and potential construction of up to six large-scale ammonia cracking pl…
Turkey
Turkey Signs Deal to Import 300 Thsd Tons of Russian Wheat
Turkey's state grain purchasing agency TMO has completed a direct procurement of approximately 300,000 metric tons of Russian milling wheat from United Grai…
Poland
Boeing to Build Apache Helicopters for Poland as Part of $4.7 Billion Contract
Boeing announced on Wednesday that it has secured a U.S. Army contract valued at nearly $4.7 billion to manufacture AH-64E Apache attack helicopters for interna…
Metal
Sweden Grants Green Steel Startup Stegra $41 Million in Funding
Sweden announced on Wednesday that it has awarded 390 million Swedish crowns ($41 million) in funding to green steel producer Stegra. The grant will help the co…
Photovoltaic (PV)
Zelestra Signs 95.7MW PPA With Microsoft in Aragón, Spain
Zelestra has signed a long-term power purchase agreement with Microsoft to supply clean electricity from two solar projects in Spain with a combined capacity of…
Metal
Caledonia Mining to Proceed With Bilboes Gold Project in Zimbabwe
Caledonia Mining has completed and published a feasibility study for the Bilboes gold project in Zimbabwe, confirming that a single-phase development is the mos…
Netherlands
Port of Rotterdam, HGK Partner on Green Rhine Supply Chains
The Port of Rotterdam Authority and Germany's HGK-Group have signed a Memorandum of Understanding to develop low-carbon supply chains along the Rhine corrid…
United States
OpenAI Projects 220 Million Paying ChatGPT Users by 2030
OpenAI forecasts that by 2030, approximately 220 million weekly ChatGPT users will subscribe to paid plans, representing 8.5% of an expected total of 2.6 billio…
Electric Vehicles
China's GWM Targets 300,000 Annual Production With First Europe Car Plant
Great Wall Motor (GWM), a major Chinese automaker, plans to establish its first European manufacturing plant with a target of producing 300,000 vehicles annuall…
Metal
Barrick Committed to Pakistan’s Reko Diq Copper Project, Says Interim CEO
Barrick Gold Corp continues to support the development of the Reko Diq copper-gold project in Pakistan, one of the world’s largest undeveloped copper depo…
Coal-Fired Power Plants
Trump Seeks to Ease US Regulations for Coal-Fired Power Plants
The administration of President Donald Trump has requested a federal court to invalidate the 2024 limits on soot emissions for power plants and factories. In a …
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