ABB’s System 800xA automation platform enables Södra Cell’s operators to optimize the plant’s processes and supply surplus energy to the town. Innovative strategy with energy via pulp-making process Södra Cell Värö, one of Södra Cell’s...
France-based McPhy Energy has just signed a €6.4 million (US$7.2 million) contract to supply a ‘Wind to Hydrogen’ (i.e. Power-to-Gas) system for the recovery of surplus energy generated by a 200 MW wind farm site currently under construction in the Chinese province of Hebei. The 4...
“2024 was a year of strong execution for ACM. We expanded our product portfolio and broadened the addressable markets we serve,” said ACM’s President and Chief Executive Officer, Dr. David Wang. “We grew revenue by 40% and total shipments by 63%. We gained additional market...
But in reality, the United States is a "big winner" although it portrays itself as a victim in global trade. The World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala pointed out that the United States runs a services trade surplus with most major economies while generating 80 p...
Supply chain refers to the process of interlinking the company and its suppliers to produce and distribute goods from the producer to the final consumer. It involves the vendors who supply the raw materials to the company, producer to convert the raw materials to final product, ware...
Central banks in the East, in countries with large trade surpluses, create new national money to exchange for the foreign money that flows in from their exports. Foreign money is deposited into their commercial banks by their exporting corporations; these commercial banks want to exchange that ...
Battery storage plays an important role in the energy transition. It helps integrate renewable sources, such as solar and wind, which can be unpredictable. Without effective storage, surplus energy can go unused, and grid operators may struggle to balance supply ...
In that way, hydrogen will be an energy carrier based on green energy surpluses and will be a major player in the energy transition. “I am proud to be part of the creation of technologies that have an impact on a global scale.” It is very contemporary and relevant, and it will be...
Coal: Canada is a major producer and exporter of coal; a major contributor to Canada's trade surplus. Japan is the thirdlargest export destination for Canadian [...] commercial.hsbc.com.hk 至於撒哈拉以南的非洲地區,隨著家 庭收 入上升,帶動消費品的需求增加,這些新出口市場的重要性亦會在中期...
Concerns still permeated the global market that the rising oil inventories would lead to supply surplus, which seems to prompt major market players to take actions. Russia and Saudi Arabia have reportedly started discussions over the potential output cuts in 2019. Moreover, the Organization of the...