June 02, 2020
Japanese automaker Nissan Motor Co., Ltd. has unveiled a four-year plan to achieve sustainable growth, financial stability and profitability by the end of Fiscal Year 2023, which includes closing its manufacturing facility in Indonesia. The scalable plan, involving cost-rationalization and business optimization, will shift the company’s strategy from its past focus on “inflated expansion.” As […]
Volkswagen will invest EUR2 billion (USD2.2 billion) to strengthen its electrification strategy in China, according to CEO Herbert Diess. JAC Volkswagen is the German automaker’s joint venture for e-mobility in China. Volkswagen will invest around EUR1 billion (USD1.1 billion) to acquire 50% of JAG, the parent company of Volkswagen’s partner JAC, and increase its stake […]
ExxonMobil and INNIO* have signed a long-term extension to their global lubricant collaboration agreement for INNIO’s Jenbacher* Type 2, 3, 4, 6 and 9 natural gas engines. Working side by side, the companies will draw on their joint expertise in meeting the evolving needs of natural gas engine lubrication, resulting in the release of a […]
Version eight of the Globally Harmonized System of Classification and Labelling of Chemicals (GHS) was published in July 2019. The internationally agreed-upon standards, managed by the United Nations, provide guidelines to promote the safe production, transportation, use and disposal of hazardous chemicals. Safety measures include standardised hazard testing criteria, universal warning pictograms, and harmonized […]
Last December, China warned the World Health Organisation (WHO) of several cases of unknown and unusual pneumonia in the city of Wuhan. The COVID-19 virus, believed to have originated at the Huanan Seafood market, has since spread to the far reaches of the globe with speed and severity that has crippled healthcare systems in […]
POET, the world’s largest biofuels producer, announced on Tuesday that it will idle production at its bioprocessing facilities in Chancellor, South Dakota; Ashton, Iowa; and Coon Rapids, Iowa, and delay the start-up of its new plant in Shelbyville, Indiana, as producers across the United States continue to grapple with the economic fallout of the ongoing […]
Biogas and biomethane offer a sustainable source of local energy. Producers convert organic residues and wastes into clean energy that can be used for power, heating or as a clean alternative to the solid biomass used in cooking in many developing countries. These products present a myriad of benefits including lower emissions, improved waste […]
As we finalise this issue of F+L Magazine, we are still in the stranglehold of COVID-19, a pandemic unlike anything we’ve seen before. There are emerging signs that the health impacts of this deadly virus may soon be contained, but it will be a long road to recovery from a fiscal standpoint. This sustained […]
