A survey of 18 major steelmakers revealed that many are lagging in the transition to low-carbon production, with some still relying entirely on fossil fuels for their energy needs, reported by Reuters. Steel production accounts for 7% of global Carbon dioxide emissions, roughly equivalent to India’s total emissions, with coal-fired blast furnaces generating 2 metric […]
The UAE’s clean energy leader has announced the successful completion of its acquisition of a 70% stake in TERNA ENERGY SA, purchasing the shares from GEK TERNA SA and other shareholders. The deal, valued at €20 per share, was finalized following the receipt of all necessary regulatory approvals. The transaction, which values TERNA ENERGY at […]
Shares of state-owned Steel Authority of India Ltd (SAIL) are expected to attract attention on Friday following the company’s announcement of a partnership with the Indian subsidiary of John Cockerill Group to implement green technologies in iron and steel production. The collaboration marks a key step in SAIL’s commitment to modernizing traditional steelmaking practices with […]
Fashion for Good, a global platform committed to fostering innovation in the fashion industry, has launched the Feedstock Assessment for Biosynthetic Innovation [1]. This ambitious initiative, undertaken in collaboration with leading brands such as Bestseller and On and the nova-Institute, aims to pivot the fashion industry away from its reliance on fossil-fuel-based polymers. The project […]
In a growing trend of cross-industry collaboration in sustainable luxury design, BMW has partnered with British Vogue [1] to celebrate emerging talent through their Future Creators Design Competition. This is the first collaboration of its kind between automotive and fashion design. The competition invited aspiring designers, including students and recent graduates, to create pieces inspired […]
Green Theme Technologies (GTT) and Golden Long John have partnered to integrate [1] cleaner and more efficient fabric dye and finishing technologies, as part of the efforts towards sustainable textile production. This collaboration aims to address the environmental impact of traditional textile manufacturing, which generates trillions of gallons of wastewater each year. GTT, known for […]
Finnish fibre textile company Spinnova and Brazil’s Suzano have postponed the pre-engineering phase for their new wood-based fibre facility, which was originally scheduled to begin in late 2024. In March 2024, the two companies formalised their plans through a Letter of Intent (LOI) to build a new manufacturing site dedicated to producing wood-based Spinnova fibre. […]
