Production & Industry news

• 'Smart Manufacturing' Arrives in Latin America

  11-06-2021 07:01 via industrialinfo.com
  CORDOBA, ARGENTINA--June 11, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--"Smart manufacturing" presents several solutions through modern technologies. The concept entails the complete digitization of the value chain through data processing technologies, and intelligent software and sensors, from suppliers to customers. Industries across Latin America are implementing this new concept. Industrial Info is monitoring 50 Latin American projects in the Industrial Manufacturing,
  
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• DOE Identifies 10 Preliminary National Transmission Corridors

  10-05-2024 08:55 via industrialinfo.com
  
  May 10, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas) --The Biden administration took another step to accelerate the development of high voltage electric transmission projects May 8 when it released a preliminary list of 10 potential National Interest Electric Transmission Corridors (NIETCs). Inclusion of a corridor on the list does not guarantee its final selection or its eligibility for federal funding. The public can comment on a preliminary NIETC for 45 days, u
  
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• Canadian Solar's Outlook Upbeat, Despite Tough Market, Prices

  10-05-2024 08:55 via industrialinfo.com
  
  May 10, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As Canadian Solar Incorporated (NASDAQ:CSIQ) (Guelph, Ontario) prepares to benefit from a major outside investment, the company is reckoning with a low-price environment and stiff competition for the solar-components market from China. Industrial Info is tracking more than $10 billion worth of active and planned projects from Canadian Solar worldwide, including about $3.6 billion worth in the U.S. that has a medium-to-hig
  
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• Brazil's Heavy Rains and Floods: Infrastructure Impact Roundup

  10-05-2024 08:50 via industrialinfo.com
  
  May 10, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Heavy rains and floods in Brazil's Rio Grande do Sul have killed more than 100 people and have left more than 150,000 others homeless, according to news sources. About 1.4 million people have been left without electricity as several power plants have shut down due to the floods.Industrial Info continues to monitor plants and facilities across Rio Grande do Sul, including those that have been shut down or cur
  
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• Albemarle Signs Offtake Agreement for Proposed U.S. Lithium Mine Restart

  10-05-2024 08:50 via industrialinfo.com
  
  May 10, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Albemarle Corporation (NYSE:ALB) (Charlotte, North Carolina) said Wednesday it signed an agreement to "make beneficial use of extracted limestone material" from the company's proposed Kings Mountain Mine restart project in North Carolina. Industrial Info is tracking $7.5 billion worth of active and planned projects from Albemarle, $2.4 billion of which is in the U.S.
  
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• Utility ComEd Introduces New Electric Work Vehicles

  10-05-2024 08:45 via industrialinfo.com
  
  May 10, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Midwest utility company Commonwealth Edison (ComEd) (Chicago, Illinois) said it was adding all-electric bucket trucks to its fleet, part of an ongoing effort to electrify half of its work vehicles.
  
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• Rail Deliveries Follow Canadian Oil Production Trends

  10-05-2024 08:45 via industrialinfo.com
  
  May 10, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Crude oil exports by rail are up more than 50% over the last six months, the Canadian government said as new pipeline capacity opens for foreign deliveries from the nation's west coast.The Canada Energy Regulator said crude oil production in Alberta hit a record high in December at 4.53 million barrels per day (BBL/d). That, in turn, has strained existing pipeline capacity in the nation.
  
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• Georgia Sees $36.8 Billion in Current Industrial Project Construction

  10-05-2024 08:45 via industrialinfo.com
  
  May 10, 2024-- Researched by Industrial Info Resources (Sugar Land, Texas)--Now that units 3 and 4 of the Vogtle nuclear power plant in Waynesboro, Georgia, have been completed, a $30 billion-plus project that lasted a number of years, taking stock of Georgia's existing industrial construction can provide much more insight into the state's project activity. With several high-dollar projects underway in Georgia, Industrial Info is tracking more than $36.8 billion in current industrial project con
  
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• EPA Lawsuits, Citgo, Canadian Oil Sands Production: Your Daily Energy News

  10-05-2024 08:35 via industrialinfo.com
  
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.
  
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• BYD Picks Indonesia for New Electric Vehicle Plant

  10-05-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--May 10, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Chinese car major BYD (Xi'An, China) is to invest US$1.3 billion to build a new electric vehicle (EV) manufacturing plant in Indonesia.
  Within this article: Details BYD's latest EV plant investment, timeline, capacity, related projects and Indonesian EV market
  
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• Namibia Receives World Bank Funding for Renewable Power Buildout

  10-05-2024 07:51 via industrialinfo.com
  
  NEW DELHI--May 10, 2024-- Researched by Industrial Info Resources (Sugar Land, Texas)--In a bid to bolster Namibia's renewable energy infrastructure, the World Bank has sanctioned a US$138.5 million financing package. The initiative aims to fortify the nation's transmission network, facilitating the integration of additional renewable energy projects into the grid.Industrial Info is tracking 12 renewable energy projects, worth nearly US$3 billion, in Namibia.
  
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• France Accelerates Offshore Wind Targets

  10-05-2024 07:35 via industrialinfo.com
  
  NEW DELHI--May 10, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--France's Ministry of Energy unveiled plans for 2.5 gigawatts (GW) of offshore wind tenders, which are set to be awarded by October 2025. Additionally, the ministry is considering 10 GW of offshore and floating wind-power tenders by September this year.
  
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• Lluvias intensas e inundaciones en Brasil: resumen del impacto en la infraestructura

  10-05-2024 07:29 via industrialinfo.com
  
  10 de mayo, 2024--Escrito por Amir Richani para Industrial Info Resources (Sugar Land, Texas)--Las fuertes lluvias e inundaciones en Río Grande do Sul en Brasil han dejado sin hogar a más de 150.000 habitantes y han causado la muerte de más de 100 personas, según múltiples medios. Además, alrededor de 1,4 millones de personas se han quedado sin electricidad debido al cierre de varias centrales eléctricas debido a las inundaciones.
  
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• China Offshore Bitumen Company Limited to Spend $77.7 Million on Refining Projects

  10-05-2024 07:06 via industrialinfo.com
  
  KOFU, JAPAN--May 10, 2024--Researched by Industrial Info Resources (Sugar Land, Texas--China Offshore Bitumen Company Limited is a refining company belonging to China National Offshore Oil Corporation (CNOOC) that is located in Shandong Province in east China. China Offshore will spend US$77.7 million on 10 refining projects in China such as unit additions, upgrades and maintenance.
  
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• Vistra Expands Role Across Multiple Power-Generation Sources

  09-05-2024 08:55 via industrialinfo.com
  
  May 9, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Vistra Corporation (NYSE:VST) (Irving, Texas) is preparing for a slate of projects this year that will affect its role in renewable, fossil-fuel and nuclear generation. The company completed its acquisition of Energy Harbor, which operates the second-largest non-regulated nuclear fleet in the U.S., and it expects to see a long-term acceleration in load growth in most of its service areas.Industrial Info is tracking more th
  
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• Report: U.S. Clean Energy Capacity, PPAs on the Rise

  09-05-2024 08:50 via industrialinfo.com
  
  May 9, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--In a recent market report from the American Clean Power Association (ACP) (Washington, D.C.), the trade group said the number of U.S. clean energy installations, including solar, wind and energy storage, rose in the just-passed first quarter, as did the amount of power purchase agreements (PPAs) for clean energy.
  
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• IEA Report Has Good News on Manufacturing Clean Energy Technologies

  09-05-2024 08:50 via industrialinfo.com
  
  May 9, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Global investment in five types of clean energy manufacturing rose about 70% in 2023, to about $200 billion, according to a new report from the International Energy Agency (IEA) (Paris, France). The investment in producing these technologies--solar photovoltaics (PV), wind generation, batteries, electrolyzers and heat pumps--amounted to about 4% of global economic growth last year, said the report, Advancing Cle
  
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• Gas Prices Seem to Be Changing Energy Mix

  09-05-2024 08:48 via industrialinfo.com
  
  May 9, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Lower natural gas prices continue to take a toll on the broader market, with the U.S. Department of Energy (DOE) pointing to lower gas production as a result.
  
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• Ryder Sees Costs an Obstacle to EVs

  09-05-2024 08:45 via industrialinfo.com
  
  May 9, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Transportation and logistics company Ryder System Incorporated (NYSE:R) (Miami, Florida) claims a study on switching from diesel to electric vehicles (EVs) shows the move would be cost prohibitive because of a lack of available charging infrastructure."For many of our customers, the business case for converting to EV technology just isn't there yet, given the limitations of the technology and lack of suffic
  
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• IIR Webinar: ESG Elements Give Big Boost to Chemical Industry Spending

  09-05-2024 08:45 via industrialinfo.com
  
  May 9, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--One theme dominated Industrial Info's webinar held this week on the global Chemical Processing Industry: the rise of spending for environmental, social and governance (ESG) initiatives. In Wednesday's presentation, Trey Hamblet, Industrial Info's vice president of research for the Chemical Industry, discussed the outsize role that the quest for greener commodities is having on the industry.Hamblet noted that there is $840
  
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• Suncor, Record U.S. Power Use: Your Daily Energy News

  09-05-2024 08:35 via industrialinfo.com
  
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.Companies featured:Suncor Energy Incorporated (NYSE:SU)
  
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• Chile's Codelco Starts Testing Rajo Inca Copper Mine Crusher

  09-05-2024 08:30 via industrialinfo.com
  
  May 9, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Codelco (Santiago, Chile), Chile's largest copper miner, said it has started testing one of the two crushers at the Rajo Inca mine project.
  
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• Codelco inicia proceso de pruebas de chancadores del proyecto Rajo Inca

  09-05-2024 07:46 via industrialinfo.com
  
  9 de mayo, 2024--Escrito por Amir Richani para Industrial Info Resources (Sugar Land, Texas)--Codelco informó que inició las pruebas de uno de los dos chancadores del proyecto estructural Rajo Inca en la mina Salvador.
  
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• Flooding in Southern Brazil Slams Operations at Power Plants, Terminals

  09-05-2024 07:30 via industrialinfo.com
  
  Researched by Industrial Info Resources (Sugar Land, Texas)--Massive flooding in Brazil's Rio Grande do Sul state has impacted a number of industrial operations. Since late April, heavy rains and storms have caused severe flooding in the state, leaving at least 90 people dead and an estimated 150,000 homeless, according to news accounts. The flooding is considered the worst in the region in 80 years.
  
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• Lower Commodity Prices Hurt First-Quarter Earnings for Integrated Supermajors

  08-05-2024 08:56 via industrialinfo.com
  
  May 8, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--First-quarter earnings declined at four large integrated supermajor oil companies--Exxon Mobil Corporation (NYSE:XOM) (Spring, Texas), Chevron Corporation (NYSE:CVX) (San Ramon, California), Shell plc (NYSE:SHEL) (London, England) and BP plc (NYSE:BP) (London)--as relatively soft prices for oil and gas combined with lower refined product margins dragged down profits.
  
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• Jacobs Builds Role in Semiconductors, Healthcare as Changes Loom

  08-05-2024 08:55 via industrialinfo.com
  
  May 8, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering, procurement and construction (EPC) titan Jacobs Solutions Incorporated (NYSE:J) (Dallas, Texas) is preparing for a major shift in its operations as it works on a slew of projects in the semiconductor and healthcare markets, toward which it is turning its focus. The company's backlog increasingly reflects these new priorities as it moves away from contracted work in the oil & gas and chemical-processing mar
  
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• TC Energy Continues Growth Projects Amid Uptick in Natural Gas Deliveries

  08-05-2024 08:50 via industrialinfo.com
  
  May 8, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--TC Energy Corporation (NYSE:TRP) (Calgary, Alberta) recently reported a boost in natural gas deliveries in the first quarter, as the company moves ahead with its growth projects. Industrial Info is tracking US$11 billion worth of active and planned projects from TC Energy, more than US$6 billion of which is nearing or under construction.
  
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• BOEM Reviews Safer Proposal for Offshore Wind Foundations

  08-05-2024 08:50 via industrialinfo.com
  
  May 8, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--An alternative type of foundation for offshore windfarms that avoids pile-driving, a technique that can be disruptive to marine mammals, appears safe to use, the U.S. federal government said.The U.S. Bureau of Ocean Energy Management (BOEM), part of the Interior Department, said Monday that it finished its review of so-called suction bucket foundations proposed for the Beacon Windfarm's lease area off the c
  
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• Cypress Creek Renewables Completes Texas Solar & Storage Plant

  08-05-2024 08:45 via industrialinfo.com
  
  May 8, 2024-- Researched by Industrial Info Resources (Sugar Land, Texas)--Cypress Creek Renewables LLC (Durham, North Carolina) is the latest to complete one of the numerous renewable energy projects underway in Texas.The company's Zier solar and energy storage project in Brackettville, Texas, was recently completed and has begun commercial operations.
  
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• Statkraft Builds Out Solar Capacity at Brazil's Sol de Brotas

  08-05-2024 08:40 via industrialinfo.com
  
  May 8, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Statkraft Energy AS (Oslo, Norway) is establishing its first solar plant in Brazil, strengthening its foothold in the South American country's energy sector.Statkraft plans to invest 926 million reals (about US$181 million) to build the Sol de Brotas complex in Bahia, northern Brazil, a solar power complex with a 275-megawatt peak (MWp) capacity. The project aims to transform the Ventos de Santa Eugenia and M
  
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