Hidden Champion of Five-axis Machine Tools Breaks Foreign Monopoly!
TopNC, the ‘First Chinese Commercial Aerospace Stock’ in Hong Kong, Formally Launches IP Shanghai Top Numerical Control Technology Co., Ltd. (“TopNC” or the “Company”) has officially initiated its IPO process, with plans to commence trading on May 20. It is set to become the “First Chinese Commercial Aerospace Stock” in […]
Discover the Future of Automotive Manufacturing Technology at AMTS 2026
The Shanghai International Automotive Manufacturing Technology & Materials Exhibition (AMTS) will return to the Shanghai New International Expo Center from July 8 – 10, bringing together global automotive engineering and manufacturing professionals for its 2026 edition. Organised by RX, AMTS 2026 is expected to feature more than 850 exhibitors and […]
Intersec Shanghai 2026 to accelerate global safety technology innovation
China’s 15th Five-Year Plan (2026 – 2030) has set a decisive course toward high quality, innovation-driven growth, calling for modern industrial systems powered by digital intelligence and advanced manufacturing. Aligned with this direction, Intersec Shanghai will return from 7 – 9 May 2026 at the National Exhibition and Convention Center […]
Evonik and Fuhua complete construction of specialty-grade H2O2 plant in Leshan, China
Evonik Fuhua New Materials has completed construction of its hydrogen peroxide (H2O2) facility in Leshan, Sichuan Province, China. The joint venture between Evonik and Fuhua Tongda Chemicals Company (Fuhua) will purify industrial-grade H2O2 into specialty grades to serve high-growth markets in the region. The plant is now preparing to enter trial production, […]
Eight global climate tech start-ups shortlisted from 1,500 entries for The Liveability Challenge 2026
The Liveability Challenge 2026 drew over 1,500 submissions across 100 countries, with eight stand-out solutions shortlisted after a rigorous selection process. Image: Eco-Business. Eight high impact start-ups have been shortlisted in The Liveability Challenge (TLC) – a global crowdsourcing platform presented by Temasek Foundation and organised by Eco-Business. Chosen from a record 1,500 submissions across […]
MHI completes transfer procedures for domestic onshore wind power business
Mitsubishi Heavy Industries, Ltd. (MHI) as previously disclosed on November 7, 2025 announcement(1) and the February 10, 2026 announcement(2), MHI had entered into a legally binding agreement to transfer its domestic onshore wind power business (Target Business) to Electric Power Development Co., Ltd. (J-Power). The transfer procedures have been completed […]
Nanbu Relay Center completed
Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a part of Mitsubishi Heavy Industries (MHI) Group, has successfully completed the construction of the Nanbu Relay Center for the Ken’ou-Kennan Clean Authority (comprising the municipalities of Shimabara City, Isahaya City, Unzen City, and Minamishimabara City) in Nagasaki Prefecture. This […]
UMOE Advanced Composites starts large-scale production in China
UMOE Advanced Composites (UAC), a global supplier of large Type IV glass fibre pressure gas storage and transportation modules, has reached a key operational milestone with the first composite cylinders rolling off the production line at its new manufacturing facility in Jiaxing, marking the start of industrial production at the company’s […]
Windhoek moves closer to becoming Africa’s next startup hub with Accelerate36 Initiative
Grindstone, the growth engineer co-owned by Knife Capital and Thinkroom, joined ecosystem partners in Windhoek last week in launching a collaborative initiative aimed at strengthening Namibia’s startup ecosystem. This effort seeks to create a pathway for high-growth startups to access public capital markets. The event, held under the banner of […]
Grundfos unveils Intelligent Experience Centre in India: Setting new standard in smart water solutions
An experience and demo hub showcasing the journey of water and Grundfos’ intelligent solutions, to power a more sustainable India Grundfos, one of the world’s leading companies in energy-efficient water solutions, announced the launch of the Grundfos Intelligent Experience Centre (GIEC) in Chennai, India. The Centre marks a major milestone in the […]
Every click has a cost: Singapore’s push to make digital use more sustainable
As AI and cloud use surge, the city-state explores new ways to cut the rising energy footprint of digital services. By Taejun Kang Your smartphone feels clean – no exhaust pipe, no smokestack. Yet streaming an hour of video uses about 0.037 kWh of electricity, equivalent to running a ceiling […]
SLB awarded integrated development contract for Mutriba Field in Kuwait
Global technology company SLB has been awarded by Kuwait Oil Company, a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including design, development and production management. The work builds on SLB’s subsurface understanding of the Mutriba field to support development planning and execution across deeper, technically demanding […]
What does EU and India free trade agreement mean for global trade?
The “mother of all deals”: that’s how European Commission President Ursula von der Leyen described the new free trade agreement between the European Union and India, announced on Tuesday after about two decades of negotiations. The deal will affect a combined population of 2 billion people across economies representing about a quarter of global GDP. Speaking in New Delhi, von der Leyen characterised the agreement as a “tale of two giants” who “choose partnership, in a true win-win fashion”. So, what have both sides agreed to – and why does it matter so much for global trade? What has been agreed Under this agreement, tariffs on 96.6% of EU goods exported to India will be eliminated or reduced. This will reportedly mean savings of approximately €4 billion (about A$6.8 billion) annually in customs duties on European products. The automotive sector is the big winner. European carmakers – including Volkswagen, BMW, Mercedes-Benz and Renault – will see tariffs on their vehicles gradually reduced from the current punitive rate of 110% to as little as 10%. The reduced tariffs will apply to an annual quota of 250,000 vehicles, which is six times larger than the quota the UK received in its deal with India. To protect India’s domestic manufacturers, European cars priced below €15,000 (A$25,500) will face higher tariffs, while electric vehicles get a five-year grace period. European carmakers stand to benefit from the agreement. Matthias Schrader/AP India will almost entirely eliminate tariffs on machinery (which previously faced rates up to 44%), chemicals (22%) and pharmaceuticals (11%). Wine is particularly notable – tariffs are being slashed from 150% to between 20–30% for medium and premium varieties. Spirits face cuts from 150% to 40%. In return, the EU is also opening up its market. It will reduce tariffs on 99.5% of goods imported from India. EU tariffs on Indian marine products […]