Sumitomo Rubber Industries selects Rockwell Automation to standardise global plant operations
Rockwell Automation, Inc.the world’s largest company dedicated to industrial automation and digital transformation, has been selected by Sumitomo Rubber Industries, Ltd., a leading global tire and rubber manufacturer, to support the company’s digital transformation efforts across plant floors globally. Sumitomo Rubber, known for its Dunlop and Falken brands, will deploy […]
IFC to help finance first sustainable aviation fuel facility in Pakistan and broader region
IFC is providing up to $35 million in equity and debt financing to SAFCO Venture Holdings Limited (SAFCO Ventures) to help establish Pakistan’s first greenfield sustainable aviation fuel (SAF) facility, which will convert thousands of tons of used cooking oil and other waste oils into aviation fuel, helping to reduce […]
SANY Empowers Intelligent Port Construction to Achieve Major Breakthrough
SHANGHAI – Sany Marine Heavy Industry Co., Ltd., the port machinery subsidiary of SANY Group, has achieved a significant breakthrough with its H-Move2.0 intelligent system in the tire crane automation project at the Port of Tianjin. The system has improved the operational efficiency of tire cranes to 20 moves per […]
Founder Group secures multiple contracts worth approximately US$5.5 million
KUALA LUMPUR – Founder Group Limited, a pure play, end to end engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, is pleased to announce the receipt of several Letters of Award (LOAs) for multiple large-scale solar projects, with a combined contract value of approximately […]
Malaysia’s nearshoring edge: A gateway to Southeast Asia
From electronics to aerospace, Malaysia’s growth potential is unmatched, offering strategic benefits across multiple industries. Strategically positioned in the heart of Southeast Asia, Malaysia is a veritable gateway to the region. Its major shipping routes and international airports connect businesses to key Association of Southeast Asian Nations (ASEAN) countries like […]
Nexif Ratch Energy Secures Financial Close 145MWp Bacolod Solar Power Project in the Philippines
Nexif Ratch Energy, a leading independent power producer focused on renewable energy solutions, is thrilled to announce the financial close of its 145MWp Bacolod Solar Power Project, its second solar power project in the Philippines. The Bacolod Solar Power Project, developed by Negros PH Solar Inc, is located across Bacolod […]
Policy Address by Hong Kong SAR’s Chief Executive John Lee: New Initiatives to Propel Economic Growth
John Lee, Chief Executive of the Hong Kong Special Administrative Region unveiled a range of measures in his 2024 Policy Address (October 16) to inject greater vitality into the economy, focusing on both established and emerging industries. In terms of existing businesses, Mr Lee said the Government would explore new […]
DigiTech ASEAN Thailand and AI Connect 2024 – Gathering of Global Tech & Digital Community in Bangkok this November
The global tech and digital community is gathering again at its annual DigiTech ASEAN Thailand & AI Connect 2024, to take place at IMPACT Exhibition and Convention Centre, Bangkok, Thailand from 20th to 22nd November 2024. Hosted by two Thai Ministries, namely the Ministry of Digital Economy and Society and […]
Delta Electronics showcases integrated solutions at ITAP 2024
Delta, a global leader in power management and provider of IoT-based smart green solutions, is highlighting the importance of integrated solutions at the seventh edition of Industrial Transformation ASIA-PACIFIC (ITAP 2024). Showcasing its modular and integrated portfolio designed to optimise processes and space, address labor shortages, and enhance power dispatch […]
Mitsubishi Power Completes Landmark 5,300MW Combined Cycle Power Plant Project in Thailand
Final Eighth M701JAC Unit Begins Operation at Gulf Group and Mitsui & Co., Ltd., Joint Venture Plant This marks Mitsubishi Power’s largest-ever completed order by capacity, contributing to Thailand’s energy security and decarbonisation – The project’s previous seven M701JAC gas turbine units installed across two GTCC plants in Rayong and […]
Lindemann launches modular mid-size shredder
Lindemann Metal Recycling has announced the launch of a mid-size shredder, the TXS 69×90, aimed at customers in Asia, the Middle East and South America looking for efficient solutions with a strong performance-to-cost ratio. Thanks to its modular “plug and play” design, the TXS 69×90 can be installed and […]
Water-Energy Efficiencies: The Catalyst to Semiconductor Sustainability
–Eric Lai, Senior Regional Sales Director for Industry APAC Fuelled by the explosive growth of emerging markets like AI and electric vehicles, the semiconductor industry – which manufactures the essential materials that power these technologies – is poised to grow into a massive trillion-dollar industry by 2030[1]. At the very […]
South Korean consortiums leading the realisation of industrial metaverse
Consortium achievements illustrate the capability of industrial metaverse in 3 industry whitepapers Technology is evolving to support modernisation and enable innovation in industry. South Korea’s National IT Industry Promotion Agency (NIPA) is supporting local technology development, eventually promoting the efforts and success to an international audience. Though often conflated with gaming and social networking, metaverse is an important tool that can improve operations and is increasingly being leveraged for industrial environments. In 3 recently released whitepapers, NIPA and Frost & Sullivan detail the cases of successful industrial metaverse implementation in the country. By sharing these cases, NIPA is expressing the capability of domestic technology and promoting Korean expertise internationally. Junam Lee, Director at NIPA for the Metaverse Convergence team says, “We believe that we have lots of advanced technologies to share and cooperate with nearby countries in terms of geography and culture.” Most organsations cannot easily execute industrial metaverse technology due to budget and customisation requirements. These papers identify ways that this innovative technology can be implemented right now. Supporting flexible manufacturing in the automotive industry One of the papers published details the benefits of the industrial metaverse and how it has supported the manufacturing industry, specifically automotive. The automotive industry, which is a major part of many Asian economies, is evolving to require flexible manufacturing systems for electric and autonomous vehicles. This paper outlines the path to industrial metaverse realization that enables flexible manufacturing. The consortium led by Shutagen, a technology service company, was able to achieve business and manufacturing agility through industrial metaverse with a deployment at the Hyundai Ulsan plant. XR devices to enable multiple use cases Another paper looks at the use of extended reality (XR) devices and how they support the expansion of metaverse use in industry. The consortium project aimed to develop a mass-produced […]