French luxury fashion house Balenciaga has appointed Pierpaolo Piccioli as its new creative director, effective July 10, 2025. This marks a significant shift for the brand following the departure of Demna, who is set to join Gucci. Piccioli, renowned for his 25-year tenure at Valentino, where he served as sole creative director from 2016 to […]
India is now responsible for over 40% of global steelmaking capacity in development (352 mtpa) compared to just 140 mtpa in China. Analysis shows India’s planned steel capacity, which is larger than China’s and the EU’s combined, must leverage EAF and DRI to keep industry emissions within climate targets. A recent analysis shows that electric […]
Nippon Steel has outlined plans to invest $14 billion [1] in U.S. Steel’s operations, including up to $4 billion for a new steel mill, as part of its ongoing bid to secure approval for a merger with the iconic American steelmaker. The Japanese company’s latest investment pledge comes ahead of a crucial national security review […]
Aldar has made history as the first developer in the Middle East and North Africa (MENA) region to integrate hydrogen-based steel rebar [1] into its construction projects. This groundbreaking move, in partnership with EMSTEEL Group, marks a significant step toward decarbonizing the built environment and advancing sustainable construction. The hydrogen-based steel rebar will be used […]
India’s ambitious plans to double steel production [1] by 2030 could severely undermine national and international climate goals, according to a new report by Global Energy Monitor (GEM). The findings highlight the country’s overwhelming reliance on coal-based steelmaking, raising concerns about its ability to curb carbon emissions in line with global efforts. Steel production is […]
Kobe Steel and Mitsubishi UBC Cement Corporation (MUCC) have partnered to explore the feasibility of producing black pellets—a cutting-edge raw material and fuel with the potential to drastically cut CO₂ emissions. According to reports, Black pellets are made by thermally treating conventional wood pellets (known as white pellets), transforming them into a high-energy fuel with […]
Circ, a textile recycling innovator and partner of environmental non-profit Canopy, has secured €450 million ($500 million) in funding from the French government and the European Union to establish the world’s first commercial-scale polycotton recycling facility. The plant will be built in Saint-Avold, north-eastern France, and is scheduled to begin operations in 2028. The facility […]
