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Founder Group Limited Announces Pricing of Initial Public Offering

Founder Group Limited Announces Pricing of Initial Public Offering

SELANGOR, Malyasia, Oct. 22, 2024 (Korea Bizwire) – Founder Group Limited (“FGL” or the “Company”), a pure-play, end-to-end engineering, procurement, construction and commissioning (EPCC) solutions provider for solar PV facilities in Malaysia, today announced the pricing of its initial public offering (the “Offering”) of an aggregate 1,218,750 ordinary shares at a public offering price of $4.00 [...]

Huber Advanced Materials Announces Price Increase for All Product Lines

Huber Advanced Materials Announces Price Increase for All Product Lines

ATLANTA, Oct. 21, 2024 (Korea Bizwire) – The Huber Advanced Materials (HAM) business unit of Huber Engineered Materials (HEM), a business that is part of the J.M. Huber Corporation portfolio of businesses, announces a global price increase of 5% up to 15% dependent on product or as contracts allow, effective January 1, 2025.  These price [...]

LYB completes acquisition of solvent-based recycling company APK

LYB completes acquisition of solvent-based recycling company APK

Company welcomes additional recycling technology to its portfolio Ambition to further develop solvent-based recycling technology and bring to commercial scale Company secures future of employees and fosters expertise with full integration Plant to be transformed into post-consumer plastic waste recycling ROTTERDAM, The Netherlands, Oct. 17, 2024 (Korea Bizwire) – LyondellBasell (LYB) today announced it became [...]

US utilities to face significant challenge as power demand surges for the first time in decades

US utilities to face significant challenge as power demand surges for the first time in decades

Some regions in US to see 15% electricity demand growth through 2029; prices could escalate LONDON and HOUSTON and SINGAPORE, Oct. 17, 2024 (Korea Bizwire) – US power demand has remained essentially flat for the past decade, but this is all about to change as a pending surge in demand growth will be the biggest [...]

World Economic Forum recognizes Schneider Electric Shanghai, China and Monterrey, Mexico factories as new Lighthouses

World Economic Forum recognizes Schneider Electric Shanghai, China and Monterrey, Mexico factories as new Lighthouses

Monterrey 1 new Advanced Lighthouse and Shanghai new End-to-End Value Chain Lighthouse, the company now has seven factories that have achieved Lighthouse statusThese are leading examples of how Fourth Industrial Revolution technologies can be leveraged for better sustainability and operational results Rueil-Malmaison, France, Oct. 08, 2024 (Korea Bizwire) – Schneider Electric, the leader in the digital [...]

Copenhagen Infrastructure Partners takes FID and commences construction on 1,100 MWh battery energy storage project in Chile

Copenhagen Infrastructure Partners takes FID and commences construction on 1,100 MWh battery energy storage project in Chile

Project Arena, a 220 MW / 1,100 MWh battery energy storage system (BESS), will be one of the first large-scale standalone BESS projects in Chile to reach commercial operations. On site construction will commence in Q1 2025 with the expectation to deliver power as soon as Q1 2026 COPENHAGEN, Denmark, Oct. 07, 2024 (Korea Bizwire) [...]

Q3 2024 Operations and Financial Update: Valeura Energy

Q3 2024 Operations and Financial Update: Valeura Energy

SINGAPORE, Oct. 03, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to provide an update on Q3 2024 operations. Highlights for Q3 2024 Oil production averaged 22.2 mbbls/d(1) for Q3 2024 and 26.4 mbbls/d during September 2024(1); Nong Yao C development was commissioned and put on production, which resulted in a 66% [...]

Wood Mackenzie launches Lens Metals & Mining

Wood Mackenzie launches Lens Metals & Mining

The new data analytics solution for strategic workflows and corporate decision-making  LONDON 01 October 2024 (Korea Bizwire) – Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Metals & Mining, a cross-commodities data analytics platform. This solution allows analysis of key mined commodity markets and assets  within the energy and [...]

ABS Approves Ammonia Fuel Supply System for Nikkiso Clean Energy & Industrial Gases

ABS Approves Ammonia Fuel Supply System for Nikkiso Clean Energy & Industrial Gases

HOUSTON and TEMECULA, Calif., Sept. 29 (Korea Bizwire) — ABS issued an approval in principle (AIP) for a new ammonia fuel supply system (FSS) from Nikkiso Clean Energy & Industrial Gases, part of Nikkiso Co., Ltd.’s Industrial Division. The ammonia fuel supply system features high efficiency pumps and an integrated fuel management system and can [...]

Clean Core and CNL sign Cost Share Project under CNRI to advance Thorium-Based ANEEL™ Fuel

Clean Core and CNL sign Cost Share Project under CNRI to advance Thorium-Based ANEEL™ Fuel

Clean Core Thorium Energy is verifying and validating their ANEEL™ fuel technology through research enabled by Canadian Nuclear Laboratories’ Canadian Nuclear Research Initiative CHICAGO, Sept. 26, 2024 (Korea Bizwire) – Clean Core Thorium Energy (Clean Core) is pleased to announce that it has been accepted to participate in Canadian Nuclear Laboratories’ (CNL) Canadian Nuclear Research [...]