January 2, 2025

China’s 2025 iron ore imports set to hit new targets

China’s iron ore imports are projected to reach an all-time high in 2025, as traders capitalize on low-cost supplies to stockpile resources for the world’s largest consumer of the commodity. This surge comes despite ongoing challenges in the property sector, weighing on domestic steel demand, according to industry analysts and market insiders. The imports reflect […]

DEWA’s Sustainability and Innovation Centre Supports Dubai’s Leadership in Renewable Energy and Sustainability

The Dubai Electricity and Water Authority (DEWA) has established the Sustainability and Innovation Centre [1] at the Mohammed bin Rashid Al Maktoum Solar Park to promote Dubai’s position as a global hub for clean energy and sustainable technology. The Centre offers a range of scientific and professional programs, training courses, and interactive competitions in collaboration […]

Taiwan Aims for Deeper Emissions Reduction Cuts of 30% by 2030

Taiwan has set an ambitious target [1] to reduce greenhouse gas emissions by 30% by 2030, up from the previous goal of 23-25%. The Environment Ministry announced this upgraded target, aiming for a reduction range of 26-30% from 2005 levels.  Taiwan’s Environment Minister Peng Chi-ming addressed the wider margin of error stating that it was […]

ACWA Power Secures $703 Million for Egyptian Wind Power Plant

Saudi Arabia’s ACWA Power has successfully secured $703 million [1] (SR2.63 billion) in financing to develop, operate, and maintain a 1,100-megawatt wind power plant in Egypt’s Suez governorate. The funding was sourced from a consortium of international financial institutions, including the European Bank for Reconstruction and Development (EBRD), African Development Bank (AfDB), British International Investment, […]

Concluding German factory sector for 2024

Germany’s manufacturing sector ended 2024 on a sour note, with sharper drops in both output and new orders, signaling continued struggles for the industrial backbone of Europe’s largest economy, a survey showed on Thursday. The HCOB Germany Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 42.5 in December from 43.0 in October […]

Promoting Sustainability: Renewable Energy and Waste Reduction in Dhar’s PM MITRA Park 

The Madhya Pradesh Textile Mills Association has proposed measures to make the upcoming PM MITRA Park in Dhar district more appealing for industrial investment as well as sustainable development. The association has urged to incorporate renewable energy sources like solar or wind power to make the park eco-friendly and self-sustaining. They advocate for systems to […]

Bangladesh Charts Circular Path

According to the International Chamber of Commerce-Bangladesh (ICCB), Bangladesh has significant potential to lead sustainable fashion by embracing circular economy principles. This model prioritises extending the lifecycle of materials, reducing waste, and minimising pollution. The ICCB’s Quarterly News Bulletin emphasised that recycling fabric waste and promoting second-hand clothing markets could lower environmental impact while enhancing […]

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