Minister for Sustainability and the Environment, Ms Grace Fu, inaugurated ABRABLAST Singapore’s first recycled glass abrasive manufacturing plant in Abraclean (Asia Pacific) Pte Ltd at 46 Pioneer Sector 2, Singapore 628396. Present for the launch were Gurmit Singh, Chairman- Abraclean and Colonel (Ret) Lau Kee Siong- Director.
From (L) Xiang Xiang, MD-Abraclean Asia Pacific Pvt LTd, Gurmit Singh, Chairman, Abrablast, Minister Grace Fu and KS Lau, Director, Abraclean at the launch of Abrablast
ABRABLAST is a proprietary and a registered trademark in Singapore. Abraclean holds a General Waste Disposal Facility licence issued by the National Environment Agency (NEA), to receive, store, process or treat glass waste. The facility is licensed with a design capacity of 50 tonnes per day. We are a “Social Enterprise” moving towards building a Circular Economy.
Gurmit Singh, Chairman, Abraclean quips, “Sustainability is not just a vertical but also a horizontal layer that cuts across various industries. We are supporting Singapore’s circular economy to ensure we recycle the glass and put it to use without harming Gaia (earth). We advocate for Singapore’s Zero Waste Masterplan and believe this move will benefit the country such as contributing to raise recycling glass waste. We can process 40 tonnes daily, approximately 1,000 tonnes a month and 12,000 tonnes per year. This represents, about 16% of glass waste generated in Singapore. By recycling glass in this way, we will save on energy and reduce the carbon footprint. With a zero waste solution we further aspire to lower the landfill burden.”
About Abraclean (Asia Pacific) Pte Ltd
Incepted in the year 2017, Abraclean is a one stop solution company for Blasting and Coating Services. We partner with International Brands of Protective coatings to meet the standards of industry. The company has considerable experience in blasting and coating, corrosion protection by providing proper surface preparation and utilizing various coatings. ABRABLAST represents our first step towards zero waste.
India is the fastest growing major economy in the world. In an era of global economic headwinds, India’s petroleum products consumption recorded a growth of 5.1% in FY 2021-22. It is projected to grow at 11% in the FY 2022-23. Bitumen, Petrochemicals and Base Oils are the three key products which is increasingly dependent on imports, due to domestic refining slate constraints. Middle East has traditionally been the key supply source for India’s import requirements. Russia is fast emerging as a new supply source vying for a slice of the Indian petroleum products market.
The new year 2023 brings together the leading Refineries, Buyers, Traders, Logistics Players, and Consultants for a power packed two-days of stimulating deliberations, business development and networking on Bitumen, Petrochemicals and Petro-products sector. The Rex Fuels & Solvex Global Conference 2023 would be the biggest event for the buyers & sellers in the Middle East, India, Africa, Russia, and South-East Asia.
Some of the biggest refineries from the Middle East region together with Gazprom from Russia are sponsoring the two-day conference. Mark your calendar for 25th & 26th Jan 2023, InterContinental Hotel, Dubai Festival City.
The dynamic and evolving geopolitical developments since February 2022 have brought new challenges and thrown open new opportunities as well. The oil & gas sector is right in the middle of it. The price volatility and rebalancing of the supply chains worldwide has led the market players to redraw their strategies to meet the evolving business challenges. Dubai occupies an increasingly pivotal role as the business hub for the region and also for the world. Rex Fuels & Solvex Global Conference 2023 brings together leading market participants.
Widely acknowledged as the benchmark event of the industry, the Rex Fuels & Solvex Global Conference is in its 5th edition in Dubai. It has already received the highest ever level of confirmed participation from over 400 delegates from Bitumen, Petrochemicals and Base Oils sectors. The overall number of Delegates participating in the two-day event is expected to exceed 500. The event has already attracted over 100 sponsors and 36 Exhibitors till date.
The agenda for the event and the Speakers list at the event include the top luminaries and experts from the leading Petroleum companies from the Bitumen, Petrochemicals and Petro-products sector. This event has elicited an unprecedented level of interest with delegates’ confirmation already received from over 28 countries from across the globe. It is likely to be a fully sold-out event. It would be an unmatched gathering of Suppliers, Buyers and Traders from Bitumen, Petrochemicals and Petro-products sectors.
India being the biggest importer of the bitumen and petrochemical products in the region has attracted the largest number of participants closely followed by the Middle East region. Delegates from Africa, Europe, Russia, and South-East Asian countries have also confirmed their participation.
A special highlight of this year’s event is a special exhibition pavilion dedicated to the Petrochemicals sector with over 23 suppliers putting up the exhibition booths. Suppliers from Bitumen, Base Oil and Petro-products have also expressed a very high level of interest in the exhibition pavilion.
The venue of the two-day conference, InterContinental Hotel, Dubai Festival City is well equipped to handle over 600 Delegates, Sponsors and Exhibitors in an environment of luxury and professional ambience.
Organized by Rex Conferences, a leading consultant in the Bitumen, Oil & Gas and Road Construction sector in India and Middle East region, Rex Group is widely acknowledged for their leading role in developing a consensus approach among the industry stakeholders.
Be a part of this premiere event to help shape the future Bitumen, Petrochemicals and Petro-products industry and get an opportunity to collaborate with industry experts in the fast-developing market. This premier event presents an unmissable opportunity for Business Development, Networking and Brand Promotion.
Pertamina International Shipping (PIS) is increasingly targeting consumers in the international market. In addition to this expansion, PIS strives to continuously improve the quality and standard of service by exchanging knowledge and experiences with world energy companies.
PT Pertamina International Shipping (PIS), in cooperation with PIS Pte Ltd (PIS PL), hosted a sharing session with BP Singapore Pte. Limited, Shell International Eastern Trading Co (SIETCO), and ExxonMobil Asia Pacific Pte Ltd. The meeting was held at the offices of each energy company on August 24-25, 2022, in Singapore.
PIS, in cooperation with PIS Pte Ltd (PIS PL), hosted a sharing session with BP Singapore Pte. Limited, Shell International Eastern Trading Co (SIETCO), and ExxonMobil Asia Pacific Pte Ltd. The meeting was held at the offices of each energy company on August 24-25, 2022, in Singapore.
During the sharing session, PIS discussed vetting, inspection, and vessel acceptance or vessel examination and inspection. The event was attended by PIS Director of Operations Arief Kurnia Risdianto, PIS PL Managing Director Brilian Perdana, Crude and Gas Operation (CGO) Vice President Harris Abdi Sembiring, and PIS Loss Prevention Safety Quality (LPSQ) Manager Soleh Komaruddin.
BP Singapore Pte Ltd Vetting and Clearance Senior Manager, ExxonMobil Asia Pacific Pte Ltd Asia Pacific Supply Coordinator, ExxonMobil Asia Pacific Pte Ltd Mogas Lead, ExxonMobil Asia Pacific Pte Ltd Global Senior Marine Operations, SIETCO Mogas Operation Team Lead, SIETCO Head of Marine, SIETCO Senior Originator, and more were also in attendance at this meeting.
The meeting was also a PIS endeavor to escalate acceptance of its ships at the terminals of world energy participants such as BP, Shell, and Exxon to showcase the existence and quality of PIS in international settings. In the maritime and energy sectors, these companies are significant participants that dominate the tanker chartering market called the Seven Sisters.
PIS Director of Operations, Arief Kurnia Risdianto, explained PIS performance which has now explored 12 international routes. PIS ships have met international shipping standards, including the Paris MOU for sailing requirements on the European continent and a Certificate of Compliance from the United States Coast Guard (USCG).
“PIS is the largest tanker operator in Southeast Asia, currently operating around 439 vessels with extensive experience serving the domestic and regional market,” he said.
Experience of PIS in serving the regional market is recorded by many international customers, including Vitol, Petronas, Trafigura, BP, Badak LNG, ExxonMobil, Petrobras, Chevron, Saudi Aramco, Shell, and many more.
As the Integrated Marine Logistics Sub Holding of PT Pertamina (Persero), PIS business includes shipping, marine services, port services, port and jetty management (port ownership), storage tanks, and other related services.
PIS owns two VLCCs, namely, Pertamina Pride and Pertamina Prime, with a capacity of 2 million barrels and incurs the Eco-Green Vessel concept. The two VLCCs are tangible manifestations of PIS endeavor to lead the marine and logistics business in both domestic and international markets.
Besides oil and gas, PIS expands its business potential to various segments and cargo types, including petrochemicals with medium-range chemical-specific vessel assets called PIS Precious.
In the meantime, to comply with regional trading and improve its role in the global market, Tanjung Uban offers an integrated terminal managed by the PIS subsidiary.
PIS CEO Erry Widiastono said that the company has prepared a roadmap to support energy transition programs. “PIS will anticipate the future of vessels business, specifically the greener vessels. For example, vessels responsible for gas shipping such as LPG, LNG, and many others. In the future, we will anticipate the progress of the renewable energy sector,” said Erry.
About Pertamina International Shipping (PIS)
As the Integrated Marine Logistics Sub Holding, PT Pertamina International Shipping (PIS) consistently stimulates Indonesia’s economic growth through safe and sustainable operation, becomes a trusted and reliable maritime partner, and promotes value for the stakeholders in running their business. See https://pertamina-pis.com/.
Media Contact: M Aryomekka Firdaus Corporate Secretary M: +62-811-872-272 E: aryomekka@pertamina.com
Legend Holdings Corporation (HKG: 3396) announced today the unaudited condensed consolidated interim results for the six months ended June 30, 2022 (the Reporting Perio”). During the Reporting Period, the Company’s revenue was RMB237,685 million and the net profit attributable to equity holders of the Company amounted to RMB2,131 million.
Mr. Li Peng, Executive Director and CEO of Legend Holdings, said that in the face of the complex international environment, in the first half of 2022, Legend Holdings pursued progress while ensuring stability, and deepened the strategic thinking of “industrial operation, technological innovation”, made steady improvement in its corporate competitiveness and operational efficiency, and further strengthened its investment and layout in the field of science and technology innovation; At the same time, we gave full play to the role of “chain leader”, practiced the concept of green development, actively fulfilled corporate social responsibility, and devoted ourselves to contribute to the high-quality development of China’s economy.
During the Reporting Period, Legend Holdings further consolidated the foundation of its industrial operations and strengthened its operational management. The revenue of the segment increased by 4% year-on-year to RMB235,775 million, and the net profit attributable to the equity holders of Legend Holdings increased by 20% year-on-year to RMB2,830 million.
Lenovo achieved revenue and profit growth for the ninth consecutive quarter. While maintaining its position as the world’s No.1 PC maker, Lenovo accelerated the development of new growth drivers with the revenue share of the non-PC business reaching a new high of 37% in the second quarter
Levima Group took the lead in achieving import substitution in the field of EVA photovoltaic materials. In the first quarter, the upgrading and transformation of EVA devices realized the expected effect, and the result in the second quarter reached a new high. In addition, the company continued to focus on the field of new materials, advancing the new projects in an orderly manner, and entered the field of electronic specialty gas;
The core business of Joyvio Group develops well as a whole. Joy Wing Mau continued to improve its vertically integrated fruit supply chain and achieved rapid growth in revenue. Global demand and prices for seafood products continued to rebound, and the revenue and profit of Joyvio Food have been improved;
With a healthy core capital adequacy ratio and strong international credit ratings, Banque Internationale a Luxembourg S.A. (“BIL”) achieved solid growth – successfully navigating the challenges faced by Europe’s economy. Meanwhile, BIL obtained QFLP status in Shenzhen, through which it will further support the introduction of foreign capital into China’s market and other initiatives.
During the Reporting Period, the industrial incubations and investments segment delivered stable and sound growth despite capital market volatility.
Legend Capital raised funds of RMB3.5 billion, invested in 26 new projects, and 4 portfolio companies went public;
Legend Star invested in nearly 20 new projects, more than 40 enterprises under management completed their next funding round, and it exited approximately 10 projects. The first round closing of the firm’s fifth USD fund and the final closing of its artificial intelligence special fund were also completed.;
Fullhan Microelectronics’s market share has significantly increased, and its performance has achieved growth. It continued to invest in mid- and high-end surveillance products to enhance profitability, and the expediting growth of smart home & smart automotive products has served as new driving engines;
Lakala maintained China’s No. 2 operator in terms of bank card transaction volume and leading operator in QR code payments. At the same time, it proactively provided technological support for other businesses;
The production and operation of Eastern Air Logistics have recovered steadily and achieved steady improvement in performance;
Zhengqi Holdings focused on the field of scientific and technological innovation, carried out industrial exploration and investment layout, and has so far helped 11 of its portfolio companies in total successfully go public;
JC Finance & Leasing achieved solid performance and year-on-year revenue growth amid the pandemic.
Increasing investment in scientific and technological innovation, adhering to innovation-driven development and continuously supporting the growth of Specialized and Innovative Enterprises
Legend Holdings stays true to its original aspiration of “revitalizing the country through business”. It has further increased its investment in technological innovation in line with the national strategy of achieving high-quality development driven by technological innovation and has achieved promising results.
Steady implementation of the “plan of doubling investments in Research and Development”
In the first half of 2022, Legend Holdings’ Family Group’s total R&D investment (excluding the capitalized R&D spending) reached RMB7.212 billion, and currently owns over 20,000 granted patents, ranking top among Chinese enterprises in various patent awards. Lenovo remains committed to its plan of doubling investments in R&D; it increased R&D spending by 23% year-on-year and grew R&D headcount by 29% year-on-year. Levima Advanced Materials adhered to its innovation-driven strategy. During the Reporting Period, it completed the laboratory R&D development for 9 new products and processes, the production technology formulas for 15 new products, and the industrialization of 5 new products.
Continuously “long-sought” in the field of science and technology
In the first half of 2022, Legend Holdings’ family group invested in nearly 50 new technology companies, covering multiple fields such as cutting-edge technologies, hard & core technologies, healthcare and medicine, and has contributed to the development of specialized and innovative enterprises in China through its empowerment. During the year as of August 15, 2022, 12 of its portfolio companies have successfully completed IPOs. Close to 50 of Legend Holdings’ family group’s portfolio companies made the newly announced list of the fourth official list of state-level specialized and innovative enterprises, such as Noitom, Hua Kong Tsingjiao, Spacety, Union Semiconductor, EasyDiagnosis Biomedicine, NuVolta Technologies, etc. Up to now, Legend Holdings’ family group has nearly 100 specialized and innovative companies in its portfolio.
Adhering to green growth, playing the full strength as a chain leader, and actively fulfilling corporate social responsibility
Legend Holdings is committed to promoting green development philosophy through the efforts of its portfolio companies to seize the green development opportunities, and jointly build an ecological civilization. Lenovo has set a goal of net-zero carbon emissions by 2050, transforming into “net-zero carbon emission plants” on the basis of its state-level green plants. The Company continues to create and provide smart solutions that facilitate the green transformation, empowering over 300 top industrial enterprises in China. Levima Advanced Materials focused on the development of new energy materials and biodegradable materials on top of its existing EVA photovoltaic film business; BIL helped Chinese companies issue overseas green bonds to facilitate the development of green finance; at the same time, Legend Capital, Legend Star, Zhengqi Holdings, etc. have further expanded investments in related fields to promote innovation and technological progress.
In terms of industrial chain, Legend Holdings promoted its subsidiaries to give full play to their advantages in operations and supply chains and assisted the coordinated development across the industrial chains. Lenovo was named a Gartner Global 25 Supply Chain for the eighth consecutive time. 90% of its manufacturing was from China, with 2,000 level-1 suppliers, directly providing more than 350,000 jobs. Levima Advanced Materials continued to make efforts in the field of new materials, expanding vertically to the upstream of the industrial chain while horizontally expanding to new segments, driving the mutual development with SMEs.
Corporate social responsibility is an important part of Legend Holdings’ overall strategy. The Company actively responds to the national call to steadily promote the implementation of the national employment stabilization policy within the family group, and carefully formulated and closely tracked various recruitment plans. While extensively attracting social talents, it focused on the recruitment of fresh graduates from colleges and universities, and actively expanded the scale of recruitment. In terms of public welfare undertakings, Legend Holdings has long focused on key areas such as fostering start-ups, contributing to rural revitalization, promoting social integrity and responding to disasters for years and insists on investing and carrying out relevant work effectively.
Mr. Ning Min, Chairman and Executive Director of Legend Holdings, said that, under the strong leadership of the Communist Party of China’s Central Committee, China coped well with the changes in the international environment, and achieved economic and social development while effectively coordinating pandemic prevention and control, adhering to the guiding ideology of “people-centered”, and achieved a series of results in various tasks, which also created a good environment for the development of enterprises. In the first half of 2022, the Company continued to improve its position, strengthen its capabilities, seize the important opportunities arising from the transformation and upgrading of Chinese enterprises, focus on the real economy, increase efforts in the field of scientific and technological innovation, and earnestly fulfill its corporate social responsibilities. In the future, we will continue to aim at accomplishing the great goal of building a world-class enterprise, and contribute to the journey of achieving high-quality development and common prosperity!
Mechanical and electrical (M&E) engineering services specialist Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998) is pleased to announce that Bintai Energy Sdn Bhd has been appointed by World Standard Materials Co. Ltd. (WSM) to sell and market flanges, plates, tubes, pipe, coils and fittings for the chemical and petrochemical industries.
En. Azri Azerai, Executive Director of Bintai Kinden
Bintai Energy is 51% owned by Bintai Kinden through its wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd. WSM was founded in 1999 in Busan, South Korea. The company is involved in manufacturing and trading of industrial steel products. The company supplies to various industries internationally, including oil and Gas, power generation, shipbuilding, chemical and petrochemical industries.
As part of the appointment, WSM will work with Bintai Energy to seek opportunities as well as provide the necessary technical and competitive price support of the products while Bintai Energy will be responsible for the promotion of WSM’s products. The collaboration is for a period of three years.
En. Azri Azerai, Executive Director of Bintai Kinden said, “The collaboration with WSM enables us to widen our product offerings to the chemical and petrochemical industries important for their role in the value-chain of other industries such as plastics and automotives as they supply the raw materials.”
“We are delighted to have the opportunity to work with WSM, whose research and development efforts have been rewarded with quality flanges, pipes and fittings that are used in the chemical and petrochemical industries. We look forward to working together to grow the market for WSM’s products in Malaysia.”
Mr. Ahn Byung Hwan, President of WSM said, “We are looking forward to working with Bintai Energy to bring our products to the Malaysian market. We believe that together, both parties will be able to make inroads into the chemical and petrochemical industries.”
Azelis, a leading innovation service provider in the specialty chemicals and food ingredients industry, announces the opening of its Regional Innovation Center (RIC) for Food & Nutrition (F&N) in Singapore, further demonstrating the Group’s commitment to continuously invest in its innovation capabilities.
The RIC will generate a wealth of possibilities for food innovation towards healthier and tastier solutions through pioneering, ready-to-use formulations with advanced, sustainable ingredients. Functioning as an innovation catalyst for the F&N ecosystem in Asia Pacific, the RIC is an essential milestone in Azelis’ growth strategy, strengthening the Group’s position as a leading provider of innovative solutions.
In addition to the RIC, Azelis’ five F&N application laboratories across Asia Pacific form a regional innovation network that brings together the technical expertise and formulation capabilities of the local and regional teams for greater synergy. This setup allows Azelis to serve the F&N market more efficiently, realize advanced ingredient synergies and develop ground-breaking formulations and sustainable solutions that will be cascaded across the region.
Vikash Raj, Asia Pacific Innovation Director, remarks: “The RIC allows us to support our customers in their projects by developing innovative solutions for all stages of the formulation process from concept to final product, across industry applications in Bakery, Beverage, Confectionery, Dairy and Savory. Focusing on innovation in new products and applications is our objective, and thanks to our comprehensive lateral value chain, we have access to sustainable building blocks for food and beverage formulations. Our vision for the RIC is to positively impact our sustainability, health, and wellness ambitions by creating pioneering formulations that address nutrition and health challenges and bring healthy solutions to the mainstream market.”
Laurent Nataf, CEO & President Asia Pacific, comments: “With more than 20 laboratories in the region covering our key market segments, we have significantly invested in our innovation capabilities across Asia Pacific to ensure we deliver on our brand promise, ‘Innovation through formulation’. Our regional innovation network builds on our formulation expertise and technical capabilities by encouraging greater collaboration across our teams to strengthen cross-country synergies, increase efficiency, and ensure consistent formulation success for our customers. We look forward to further strengthening our partnerships with our customers and principals by allowing them to leverage the strength of our ever-growing innovation network capabilities, remaining their innovation partner of choice.”
To find out more, watch a video introducing the Regional Innovation Center in Singapore. https://youtu.be/RDJ4OhQcDh8
Contact information Azelis Lillian Ying Asia Pacific Corporate Communications Manager T: +65 9855 8818 E: lillian.ying@azelis.com
About Azelis
Azelis is a leading global innovation service provider in the specialty chemical and food ingredients industry present in over 50 countries across the globe with over 3,000 employees. Our knowledgeable teams of industry, market and technical experts are each dedicated to a specific market within Life Sciences and Industrial Chemicals. We offer a lateral value chain of complementary products to more than 51,000 customers, supported by ~2,300 principal relationships, creating a turnover of EUR2.8 billion (2021). Azelis Group NV is listed on Euronext Brussels under ticker AZE.
Across our extensive network of more than 60 application laboratories, our award-winning staff help develop formulations and provide technical guidance throughout the customers’ product development process. We combine a global market reach with a local footprint to offer a reliable, integrated and unique digital service to local customers and attractive business opportunities to principals. EcoVadis Platinum rated, Azelis is a leader in sustainability. We believe in building and nurturing solid, honest and transparent relationships with our people and partners.
Impact through ideas. Innovation through formulation.
A model that rapidly searches through large numbers of materials could find sustainable alternatives to existing composites.
Researchers from Konica Minolta and the Nara Institute of Science and Technology in Japan have developed a machine learning method to identify sustainable alternatives for composite materials. Their findings were published in the journal Science and Technology of Advanced Materials: Methods.
Researchers are looking for sustainable options, such as recyclable materials or biomass, to substitute the constituent materials in composites which are used in various applications including electrical and information technologies.
Composite materials are compounds made of two or more constituent materials. Due to the complex nature of the interactions between the different components, their performance can greatly exceed that of single materials. Composite materials, such as fibre-reinforced plastics, are very important for a wide range of industries and applications, including electrical and information technologies.
In recent years, there has been increasing demand for more environmentally sustainable materials that help reduce industrial waste and plastic use. One way to achieve this is to substitute the constituent materials in composites with recyclable materials or biomass. However, this can reduce performance compared to the original material, not only due to the features of the individual constituent materials, such as their physicochemical properties, but also due to the interactions between the constituents.
“Finding a new composite material that achieves the same performance as the original using human experience and intuition alone takes a very long time because you have to evaluate countless materials while also taking into account the interactions between them,” explains Michihiro Okuyama, assistant manager at Konica Minolta, Inc.
Machine learning offers a potential solution to this problem. Scientists have proposed several machine learning methods to conduct rapid searches among a large number of materials, based on the relationship between the materials’ features and performance. However, in many cases the properties of the constituent materials are unknown, making these types of predictive searches difficult.
To overcome this limitation, the researchers developed a new type of machine learning method for finding alternative materials. A key advantage of the new method is that it can quantitatively evaluate the interactions among the component materials to reveal how much they contribute to the overall performance of the composite. The method then searches for replacement constituents with similar performance to the original material.
The researchers tested their method by searching for alternative constituent materials for a composite consisting of three materials – resin, a filler and an additive. They experimentally evaluated the performance of the substitute materials identified by machine learning and found that they were similar to the original material, proving that the model works.
“In developing alternatives, that make up composite materials, our new machine learning method removes the need to test large numbers of candidates by trial and error, saving both time and money.” says Okuyama.
The method could be used to quickly and efficiently identify sustainable substitutes for composite materials, reducing plastic use and encouraging the use of biomass or renewable materials.
About Science and Technology of Advanced Materials: Methods (STAM Methods) STAM Methods is an open access sister journal of Science and Technology of Advanced Materials (STAM), and focuses on emergent methods and tools for improving and/or accelerating materials developments, such as methodology, apparatus, instrumentation, modeling, high-through put data collection, materials/process informatics, databases, and programming. https://www.tandfonline.com/STAM-M
Unique cost-effective scalability of Hydrogen Optimized’s RuggedCell(TM) water electrolyser cited as key factor leading to agreement
Hydrogen Optimized, a subsidiary of Key DH Technologies Inc., today announced that it has entered into a confidential Letter of Intent (LOI) with a large industrial company to provide more than 40 MW of RuggedCell(TM) water electrolyser capacity for hydrogen production.
The LOI provides for high current unipolar RuggedCell(TM) systems to be deployed at one or more sites by the company, which plans to roll out hundreds of megawatts of electrolyser capacity over time. It also specifies that the installed systems could be scaled up as demand for hydrogen grows.
“The signing of this LOI is a significant step forward in our commercialization process,” said Andrew T. B. Stuart, President and CEO of Hydrogen Optimized. “A key factor underlying the agreement is our system’s unique capability to double or more in capacity without requiring the installation of costly additional electrical and other equipment.”
Stuart added, “More and more potential clients tell us they are looking for a water electrolysis system that can be economically deployed in the tens of megawatts and can be expanded at a relatively low incremental cost as the MW rating of the project grows. The RuggedCell(TM) system makes this possible as it requires fewer power conditioning units to accommodate expansion. This contrasts with small module systems that must be fully replicated to increase output, and therefore cannot gain economies of scale.”
RuggedCell(TM) water electrolysis technology was designed from the start to offer important capabilities which were missing in the market. These include:
The use of low-cost materials that, unlike many other electrolysers in the market today, are free of iridium and other highly expensive platinum group metals;
Ease of mass manufacturing;
High-current architecture that uniquely enables individual hydrogen production modules in the hundreds of megawatts each; and
The proven capability of RuggedCell(TM) electrolysers to ramp from zero to 50,000 amperes in under 10 seconds and then very quickly reduce the current to any level, even down to zero amperes. This capability supports the system’s integration with intermittent renewable energy sources such as wind or solar, and with use on grids or micro-grids with widely varying power availability.
The main driver behind the mass deployment of water electrolysis is the need to reduce the carbon intensity of hard to abate industries such as ammonia, cement, methanol, steel, heavy duty transportation and other fossil fuel-intensive applications. Hydrogen produced with low to zero carbon dioxide emissions is widely recognized as key to achieving “net zero” emissions by 2050. To that end, recently the World Hydrogen Council called for hydrogen to contribute over 20% toward global carbon abatement by 2050.*
About Hydrogen Optimized Hydrogen Optimized is a private hydrogen technology company that develops and commercializes large-scale Green Hydrogen production systems. It is part of Key DH Technologies Inc., a group of innovation-driven businesses in the deuterium and hydrogen industries. As a sustainable energy conversion company, Hydrogen Optimized enables the conversion of green electricity into Green Hydrogen and the transformation of heavy fossil fuel-use industries into sustainability leaders. Our patent pending high-current unipolar RuggedCell(TM) water electrolysis system integrates a scalable design that is free of iridium and other expensive platinum group metals, and enables low-cost mass manufacturing. It can be scaled up for use in Green Hydrogen plants in the hundreds of megawatts that are targeted to major industrial, chemical, utility and energy end users. Hydrogen Optimized seeks to be the first water electrolysis company to supply an aggregate of 10 GW of hydrogen production equipment. . For more information on Hydrogen Optimized, please visit www.hydrogenoptimized.com.
About Key DH Technologies Inc. Key DH Technologies (KEY) develops innovation-driven businesses in the deuterium and hydrogen industries, serving global markets. KEY’s three main operating companies include: Hydrogen Optimized, a hydrogen technology company that develops and commercializes the patent-pending RuggedCell(TM) high-current unipolar water electrolysis systems for the large-scale production of Green Hydrogen; Isowater(R), a world-leading supplier of deuterium oxide to global customers in the life sciences, high technology and environmental science sectors; and deutraMed(TM), a breakthrough deuterium science and innovation company that provides clients with high-value deuterium-containing products for specialized applications along with IP-driven research and services. For more information, please visit www.keydht.com.
For more information: Don Hogarth Phone: 416-565-8920 Email: don@hogarthpr.com
One of the fastest-growing private companies in America is finally expanding into Australia. See official Australian website which includes local shipping across the country.
The beauty industry has endured constant growth, notably after people became more aware of how important it is to maintain their health in a holistic and natural approach, especially after they start ageing. This led to the rise of many brands and businesses that promised to help women and others with the best of beauty tools, services and solutions to guide them on a path to achieve their desired goals. However, only a few have been able to deliver on their promises. However, one in particular has grown to become a trusted household name across America. The ‘FasciaBlaster’ is listed as America’s #1 beauty tool.
Ashley Black can’t emphasize enough that tissue regeneration is real and it is peer-reviewed and public science. Explaining it in simple terms, Ashley Black says that the FasciaBlaster tools are rubbed off on the skin of the body, which sets off a chain reaction for the tissues to regenerate. Adding further, she explains that as people age or have postural deficiencies or injuries, their fascia tissues can thicken and can become tangled and with her #1 FasciaBlasting technique with the FasciaBlaster tools and the oils helps in reversing this damage. She throws light on what is regenerated tissue. It means smooth cellulite, increase collagen production, smooth skin of the neck and face and body sculpt.
The constant rise of the FasciaBlaster tools and its ingenious technique created by Ashley Black was continuously craved for by the Australians. In fact, she said many of them begged for it on social media and this made her think why not launch it in the country and let Australians too enjoy the incredible FasciaBlaster tools for tissue regeneration. She reveals that Australia is the first country to expand into and with that, they are super excited to bring FasciaBlaster tools, their education and Kryo Packs and much more.
Ashely Black is proud of creating one of the most sought-after leading beauty tools as, over the years, she has seen how magically her tools have worked on her client’s skin and given them the results they desired. It is a tool that has helped in smoothening the tissue, thinning it and growing new supple fibers. Her business was seen as America’s #1 beauty tool on “Keeping up with the Kardashian’s”. The brand has so far gained a massive number of happy customers of over 1.5 million.
Ashley Black’s company is the first to figure out tissue regeneration and the kind of mind-blowing results they are providing clients have further propelled them forward in the industry. So far, their techniques and tools have received hundreds of thousands of heartfelt testimonies and not just that, many prominent personalities and celebrities have also endorsed it for years. Its US launch had made more than $40 million in sales in its first year itself.
Their most popular tools are Kryos, which are available at the great discounts and convenience that US customers enjoy. More sales and promotions would be done in Australia, just like the US and new blasters will also be made available simultaneously as the US. And, in the coming months, Ashley Black wants Australians to gear up as they will be rolling out their full product catalogue in the coming months, including amazing oil, cream and serum and much more.
Ashley Black is THE ENTREPRENEUR OF THE YEAR for health and beauty by the American Business Association and is also a best-selling author. To know more, visit her website, https://ashleyblackguru.com.au/ and follow her on Instagram @ashleyblackguru.
It is reported that at present, Mitsubishi Chemical holds a 20 per cent share of the global market in lithium-ion battery electrolyte. Over the past decade, Mitsubishi Chemical has cooperated with Shida shenghua (603026:CH), a exclusive supplier of solvents, which underlines its advantages by the means of the high-performance electrolyte that contains additives for protecting electrodes to inhibit the generation of gases.
Mitsubishi Chemical and Shidashenghua together have nearly 300 patents related to the electrolyte. They will find the best manufacturing method for battery manufacturers by the means of these patents. At present, the products have spread in vehicle lithium batteries in Japan, the United States, Europe and other markets.
Except Mitsubishi Chemical, other Japanese material manufacturers such as JFE, holdings and Sumitomo chemical are also constantly prompting the quality and output of their products to confront with the challenges from Chinese enterprises.
It is reported that Shidashenghua currently holds 90% of the market share in lithium electrolyte exports. Attributed to the large capacity expansion of Japanese electrolyte enterprises in the later stage, the lithium solvent demand is huge. Shidashenghua remarks that it would increase the export proportion as much as possible, and has built a subsidiary in Japan for strengthening the R&D cooperation with Japanese electrolyte enterprises.
A electrolyte expert in Mitsubishi Chemical remarks that, in the global solvent market, only the quality of Shidashenghua’s solvent is the best. For high-end power batteries, Shidashenghua’s solvent is their only choice as the electrolyte. The safety performance requirement of power batteries is very high, consequently, the certification cycle of lithium electric solvent limits in 8-10 years.
