Business News
Multi-phased program includes 86,000 acres of hybrid Jatropha
Bharat Renewable Energy Ltd (BREL), a joint-venture of Bharat Petroleum, India’s second largest petroleum company, has initiated a program with SG Biofuels (SGB) to develop and deploy elite hybrids of Jatropha for the production of biodiesel in India. The program’s first phase includes a crop development effort to produce high performing hybrid varieties of Jatropha adapted to unique growing conditions across the country. Additional phases include the deployment of more than 86,000 acres of Jatropha using SGB’s JMax(TM) hybrid seeds. “With the genetic diversity of their Jatropha hybrid material combined with ability to produce large volumes of hybrid seed, SG Biofuels is an ideal partner to work with to successfully develop, validate and scale Jatropha as the primary source for biodiesel in India,” said Mr. M.V. Radhakrishnan, chief executive officer of Bharat Renewable Energy Ltd. SGB will draw from the advancements of its global JMax(TM) crop development centers where the company is optimizing elite hybrid varieties of Jatropha through a combination of molecular breeding and biotechnology. The centers feature hybrid material from the company’s germplasm library totaling more than 12,000 genotypes. SGB will work with BREL to select, test and scale the highest yielding, most commercially viable hybrid varieties for growing regions in India, including the initial 86,000 acre deployment. In December 2009, the Indian Government developed its National Policy on Biofuels targeting 20% blending of bioethanol and biodiesel into petrol and diesel markets. Government policy stipulates the use of wastelands to cultivate non-edible oil seed plants without affecting food security. According to the Asian Development Bank, the current cultivation of Jatropha and other non-edible oilseeds will need to increase by nearly 80 million acres to meet the nationÕs biodiesel targets. “We look forward to working with BREL to develop a thriving Jatropha industry capable of meeting the country’s significant demand […]
Gulfstream G150 Certified for China Registration
Gulfstream Aerospace Corp. has received type certificate validation (TCV) for its G150 aircraft from the Civil Aviation Administration of China, a move that allows operators to register the wide-cabin, high-speed business jet there. Gulfstream achieved the validation through close coordination with the U.S. Federal Aviation Administration, China’s CAAC and the Civil Aviation Administration of Israel, where the G150 airframe is built. The G150, thanks to its 3,000 nautical-mile range and high speed, provides exceptional capability and efficiency to Chinese operators and is backed by the same product support organization that services Gulfstream’s long-range G550 and G450 aircraft. The G150 can fly from Singapore to Beijing in 6 hours and 10 minutes, shaving up to 1 hour and 14 minutes off the flight time of other aircraft in its class. The aircraft can travel nonstop from Hong Kong to Mumbai at Mach 0.75, Hong Kong to Delhi at Mach 0.80 and Beijing to Delhi at Mach 0.80. The mid-size jet also offers several options to improve safety, including an Enhanced Vision System (EVS) II, and a Wide Area Augmentation System-Localizer Performance with Vertical Guidance (WAAS-LPV). In addition to China, the G150 has received type certification validation from the Ukraine, Israel, the United States, Chile, the European Union, the Philippines, Canada and Brazil.
RIM Announced Layoff of 2,000 Employees
BEIJING: RIM plans to cut about 2,000 employees, accounting for 11% of the total number of employees. This is the first time RIM disclosed the details of layoffs since it announced layoffs last month. Analysts of Isp.org.cn said the number of layoffs is a little more than the original forecast. However, this layoff is critical for RIM to reverse the declined market share caused by Apple and Google’s competition. Isp.org.cn also points out that the one-time cost of laying off employees is not included in the earnings forecasts of the second fiscal quarter and the whole fiscal year. RIM will explain the financial impact of the cuts in the second-quarter financial report on September. The experts of Isp.org.cn analyzes that RIM said the job cut is a prudent and necessary step for its long-term success. RIM also announced a series of changes of the executive responsibilities and the executives will leave recently. RIM said the chief operating officer Don Morrison will retire. Morrison is currently on the temporary sick leave. He has spent 10 years working in RIM.
Distributed Cloud Backup: Incriptus Secures Second Round and Goes International
Trevor Glen, incriptus CEO Australia-based incriptus has announced the completion of its round 2 funding and will soon be offering its round 3 prospectus. The company also recently announced the addition of two key individuals in the U.S. to its management team as it prepares to expand beyond Australia. incriptus has introduced a new data backup technology that offers superior data security compared to traditional data centres, is uniquely eco-friendly, and offers nearly unlimited scalability. Until now backing up data into the cloud has meant sending encrypted files to large, remotely located data centers. incriptus has changed that paradigm through its process of first encrypting files, fragmenting them, then encrypting them again as it distributes the fragments across computers throughout the incriptus user network. As a result, no file can be reconstructed from any individual fragment and no complete document resides on any single computer in any s ingle location. According to Trevor Glen, incriptus CEO, “Everybody has unused space on their hard drive. We distribute fragments of data across the hard drives of everyone using incriptus-powered backup. It happens in the background and the only place those pieces can all come back together again is on the originating computer. No data center operator ever has access to a complete file and no natural disaster can wipe out a single location of backed up data.” As it prepares to address the data backup needs of the world, the company announced the addition of two individuals with international expertise to its team. Dr Jana B. Matthews is responsible for organizational development at incriptus and is also serving as a Board Advisor. Matthews has worked with high-growth CEOs, executives and top teams around the world. She has authored seven books on how to grow companies and was named one of 18 […]
Successful businesses take planning
The growth of manufacturing across Asia was widely read about – and responded to – in the last issue of Asia Manufacturing News with interest in manufacturing developments in India, using products from Delcam. In this issue the ‘push’ continues with readers having access to some outstanding new products from Fero and SolidWorks. Keeping up with the technology is the name of the game and any equipment -machine tools or software – that can keep your company highly productive and successful is to be encouraged. Take for example our story on Page 4 which explains how costs can be reduced and profitability enhanced by use of design automation. All across Asia, companies evaluate and re-value their levels of efficiency and success. The costs of being in business, the advantages of being efficient. From small contract manufacturers I have visited in Kuala Lumpur and on the outskirts of Bangkok and Nagoya every one is aiming for the best. So be mindful of the true cost of making ‘a product’ do not neglect your research and development needs and if you have specialists in your company especially assigned to give you the advice for a better way of doing business then listen to them. Our manufacturing world is highly competitive, everyone is looking for the advantage. If you specialise, use the right equipment and do not accede your cost structure, keep things tight and do not be too flamboyant with spending then life will be good. You will be a happy business owner, enjoying business life in a satisfying way.
How widespread is phone hacking in media?
The issues surrounding phone hacking and the Murdoch Empire won’t be cleared up overnight and will undoubtedly feed the appetites of world media organisations for years to come. I wonder though if hacking in media hasn’t happened before? Can you believe that the Murdoch clan is the only organisation to have done this? And it’s more intricate than that – politicians are involved, the police are involved and the establishment is right in the limelight as the power and control of a massive media empire is now being realised; the impact of its control is frightening the living daylights out of many citizens around the world. The big question may well be “Just who is squeaky clean?”
Breaking the Resource Curse
PIC CAP Jen Chao with Timor-Leste Prime Minister Xanana Gusmao NEW YORK It is known as the resource curse, a paradox where countries rich in oil, gas, and extractive minerals are unable to translate such wealth into sustainable development, and instead are roiled by poverty, poor health, and rampant corruption. The country of Timor-Leste, also known as East Timor, has an abundance of oil and gas, as well as an opportunity to put in place mechanisms to spend the revenue that flows from it responsibly. Toward that end, it has enlisted the Vale Columbia Center on Sustainable International Investment (VCC) at Columbia Law School to help ensure its resources lift up the nation and create a vibrant, diversified economy based on the well-being of its people before the resources run out. “Timor-Leste has the development indicators of a country with extreme poverty, like some of the highest rates of malnutrition and maternal mortality, but they have a $7 billion oil revenue account,” said Lisa Sachs, the VCC’s Associate Director. The VCC received an $800,000 grant from the Open Society Institute last year to promote integrated development in Timor-Leste in collaboration with the Revenue Watch Institute. Experts from the Earth Institute at Columbia University are also involved in the project, which is being managed by the VCC. Timor-Leste offers a rare opportunity, in that it is a small country of one million people, still in the nascent stages of government and institution-building. Timor-Leste only gained full independence in 2002, after four centuries of colonial rule by Portugal and a quarter-century of often-violent occupation by Indonesia. Oil revenues to Timor-Leste first came on line only in 2005. “To put it in the most dramatic terms, if the international community cannot support Timor’s sustainable development, something is going […]
Brenntag opens chemical distribution facility in Indonesia
JAKARTA Brenntag, global leader in full-line chemical distribution, has unveiled a new distribution facility in Jakarta built to meet growing market demand. The facility will provide a bigger storage capacity than the current warehouse in Jakarta, and allow Brenntag to improve and expand value-added customer support throughout the supply chain, from purchase and formulation through to packaging and logistics. In Indonesia, Brenntag markets a diversified line of specialty and industrial chemicals for a variety of applications, including personal care, coatings, food & beverage, pharmaceuticals, textile, rubber, plastics & polymers, agro, feed, refrigeration, polyurethanes and minerals. The new facility adds to the company’s 7 existing warehouses in Indonesia and Brenntag’s growing distribution network in the Asia Pacific region which also includes more than 40 distribution centers.
Brenntag opens chemical distribution facility in Indonesia
Photo: Steven Holland hitting the gong (in lieu of ribbon cutting) with the Brenntag Asia Pacific Management Board and Tony Susanto looking on JAKARTA Brenntag, global leader in full-line chemical distribution, has unveiled a new distribution facility in Jakarta built to meet growing market demand. The facility will provide a bigger storage capacity than the current warehouse in Jakarta, and allow Brenntag to improve and expand value-added customer support throughout the supply chain, from purchase and formulation through to packaging and logistics. In Indonesia, Brenntag markets a diversified line of specialty and industrial chemicals for a variety of applications, including personal care, coatings, food & beverage, pharmaceuticals, textile, rubber, plastics & polymers, agro, feed, refrigeration, polyurethanes and minerals. The new facility adds to the company’s 7 existing warehouses in Indonesia and Brenntag’s growing distribution network in the Asia Pacific region which also includes more than 40 distribution centers. At the inauguration of the new site, Steven Holland, COO of Brenntag, said, “We’ve seen a growth in the demand for chemical distribution in the Asia Pacific region, especially in Indonesia. By expanding our local presence, we are making an investment to better serve our customers with advanced support and meet growing market demand; it will also strengthen our presence in the region.” “The new facility will further bolster Brenntag’s ability to provide a number of services including storage, re-packing large-scale quantities into smaller quantities, delivery and other supply chain solutions,” said Henri Nejade, President and CEO, Brenntag Asia Pacific. With an in-house Coatings application laboratory, the facility offers value-added services to its customers by meeting specific requirements for the formulation and customization of various blends of industrial chemicals. It provides further technical application support with a sample room, designated cool rooms for textile, food and beverage products, and two rooms to […]
