The triple-digit million euro order includes the supply of six reactor coolant pumps - type RSR 750 - each driven by a 10 000 V high-voltage motor with a rating of 6600 kW. The maximum flow rate of each pump and motor set is around 24 500 ...
Tags: Pump, Power Plant
As LED market penetration rate continues to increase, global LED market growth has slowed down in recent years. In China, domestic LED chip manufacturers have exceeded a dominant 70% market share. In addition, global companies have ...
Tags: LED industry, LED chips
Inflation across the 19-country euro area hit a four-year high of 2.0 percent in February thanks to soaring prices of energy, said Eurostat, the statistical agency of the European Union (EU) on Thursday. The latest inflation figure is ...
Tags: Eurozone Inflation, inflation
Japanese automaker Nissan has demonstrated its latest autonomous drive technology on public roads in Europe for the first time. The demo took part in the east of London. Prior to this, the automaker has carried out public-road testing of ...
Tags: Self-Driving Cars, Nissan
Tata Motors has collaborated with Microsoft India to redefine the connected experience for automobile users. Through the collaboration, Tata Motors plans to leverage Microsoft’s expertise in connected vehicle technologies that bring ...
Tags: Tata Motors, Connected Cars
The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
Print and packaging solutions provider Multi Packaging Solutions (MPS) has invested in a Heidelberg’s 18-unit Speedmaster XL 106 press for premium packaging. The press is planned to be installed at MPS East Kilbride facility in the ...
Tags: Premium Packaging, packaging
KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
Honda Motor and Hitachi Automotive Systems have signed a memorandum of understanding (MoU) to establish a joint venture company for developing, manufacturing and selling electric vehicle motors. The two companies now will conduct formal ...
Tags: Honda, Electric Vehicle Motors
Ford Motor is launching a new project designed to help enhance air quality in London as the automaker accelerates its electrification plans with 13 new global electrified vehicles due for introduction in the next five years. The project, ...
Tags: Ford, Commercial Vans
After the third quarter of the 2016/2017 financial year, Heidelberger Druckmaschinen is still on course to increase its annual profit as planned. For example, during the third quarter (October 1 to December 31, 2016), the operating result ...
The Asian butadiene-naphtha price spread hit a seven-year high of $2,557.38/mt CFR last Friday amid extremely tight supply globally and strong demand for downstream products such as styrene-butadiene-rubber, SB latex and ...
Tags: Butadiene Naphtha, styrene
FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...
Hyundai is showcasing three new eco-focused models: the 2017 Ioniq Electric, Ioniq Hybrid and Ioniq Plug-in Hybrid Electric the Detroit International Auto Show. The Ioniq Hybrid and Electric will be available to consumers in the first ...
Tags: Hyundai, Ioniq Electric
Multivac Sepp Haggenmüller has acquired a 49.9% stake in meat equipment manufacturer TVI Entwicklung und Produktion based in Irschenberg, Germany for an undisclosed price. The German food packaging company, which has global ...
Tags: Multivac, Meat Equipment