Production & Industry news

• United Arab Emirates Takes Slice of U.S. LNG Pie

  21-05-2024 08:55 via industrialinfo.com
  
  May 21, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The United Arab Emirates will become a minority partner in a proposed export facility for liquefied natural gas (LNG) in Texas after securing a deal with developer NextDecade (NASDAQ:NEXT) (Houston, Texas).
  
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• AES Readies to Meet Heavy 2024 Demand with Wind, Solar Buildouts

  21-05-2024 08:55 via industrialinfo.com
  
  May 21, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. power demand is expected to increase significantly over the next decade, fueled by the growing markets for electric vehicles (EVs) and data centers, and AES Corporation (NYSE:AES) (Arlington, Virginia) believes it can meet a significant share of the challenge through wind, solar and battery energy-storage system (BESS) projects that will cater to high-demand areas, or even individual facilities.Industrial Info is tra
  
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• Rains Dampen Canadian Wildfire Risk

  21-05-2024 08:45 via industrialinfo.com
  
  May 21, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Recent rains have lowered the threat from wildfires in oil-rich Alberta, with provincial officials lifting many of the emergency alerts. IIR has seen little impact on the energy sector.Wildfires raging in British Columbia and in neighboring Alberta triggered air quality alerts in two U.S. states last week, prompting concerns about seasonal activity at the start of the regional fire season.
  
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• Montana Sees Nearly $1 Billion in Projects Under Construction

  21-05-2024 08:45 via industrialinfo.com
  
  May 21, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--While Montana may be better known for its big sky than its industrial activity, the state is nevertheless home to some high-dollar project spending, coming in at nearly $1 billion.While a power generation project tops the list of biggest industrial projects underway in the state, several remediation and cleanup projects at former smelters and mines make the Metals & Minerals Industry the state's highest spender.Compan
  
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• Europe's Green Hydrogen Targets 'Impossible'

  21-05-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--May 21, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--The European Union's (EU's) target for green hydrogen production has been labeled "impossible" by the chief executive officer of French energy major, TotalEnergies SE (NYSE:TTE) (Courbevoie, France).
  Within this article: Details warnings that EU's green hydrogen targets are impossible to hit, reasons, claims, additional sources
  
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• Data Centers Fuel Africa's Digital Leap: Region Witnesses an Investment Surge

  21-05-2024 07:58 via industrialinfo.com
  
  NEW DELHI--May 21, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Evolving beyond their role of data repositories, data centers have transformed into intricate ecosystems enabling data processing and analysis. The current increase in demand for data centers can be attributed to numerous factors, including an expanding digital economy, enhanced broadband connectivity and skyrocketing demand for cloud-based services. Industrial Info is tracking more than 360 active capital spen
  
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• China's Growing e-Commerce Drives Investment in Logistics Parks

  21-05-2024 07:50 via industrialinfo.com
  
  BEIJING--May 21, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--With an annual growth rate of 21%, China leads the global e-commerce market, prompting the development of logistics-related infrastructure and efficient delivery networks across the country. Consequently, China's logistics parks market is witnessing heavy investments to handle the storage, processing and distribution of goods on a large scale.
  
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• Ibiden Graphite Korea Company Invests in Plant Expansion

  21-05-2024 07:03 via industrialinfo.com
  
  May 21, 2024--KOFU, JAPAN--Researched by Industrial Info Resources (Sugar Land, Texas)--Ibiden Graphite Korea Company plans to invest in expanding the production capacity at its Pohang factory in South Korea. This expansion is driven by the growing demand for advanced semiconductors, spurred by innovations in smart manufacturing and generative artificial intelligence. One of their main products, isotropic synthetic graphite, is a crucial material used in crucibles and heaters during the silicon
  
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