UNIFI, a global leader in recycled and synthetic yarns, has launched REPREVE with CiCLO® technology—a biodegradable recycled polyester and nylon designed to address the growing issue of microplastic pollution. Developed in collaboration with Intrinsic Advanced Materials, LLC, a joint venture between Parkdale Advanced Materials, Inc. and Intrinsic Textiles Group, LLC, this innovative fiber incorporates a […]
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, and PT PLN (Persero), Indonesia’s state-owned electricity company, have signed two agreements for the advancement of the floating solar power projects for the largest energy market in Southeast Asia. The two companies also signed a ‘Principles of Agreement’ for the potential expansion […]
The UK government has taken decisive action to exclude China [1] from its steel industry, following emergency legislation passed on Saturday to secure control of Chinese-owned British Steel. Business Minister Jonathan Reynolds announced the move on Sunday, citing national interests and economic stability. The decision came after China’s Jingye Group declined a £500 million ($654 […]
The UK government officially took control of British Steel [1] after the Steel Industry (Special Measures) Act received Royal Assent, marking a pivotal moment in the nation’s industrial policy. The emergency legislation, passed in a rare Saturday sitting of Parliament, grants the business secretary sweeping powers to manage British Steel and other steel assets, ensuring […]
The Centre has permitted ArcelorMittal Nippon Steel India (AM/NS India) to import an extra 71,500 metric tonnes of low ash metallurgical (LAM) coke from Poland, exceeding existing import restrictions. The decision came after the company warned that the curbs were disrupting its steel production, according to Moneycontrol. The exemption highlights industry concerns over supply constraints affecting […]
Trove, a U.S.-based leader in resale and customer trade-in solutions, has acquired Reverse.Supply, a German firm recognised for its leadership in the European branded resale sector. The acquisition marks a pivotal move in Trove’s international growth strategy, combining its robust technology platform with Reverse.Supply’s regional expertise to create a seamless, scalable resale infrastructure across 30 […]
