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Automotive Technology Firm Protean Electric Secures $40m New Equity Financing

Jun 11, 2018

Automotive technology company Protean Electric has completed a $40m equity investment as the initial closing of its Series E funding round. The investor group is led by Weifu High-Technology Group, a leading diversified automotive ...

Tags: Automotive technology, Equity Financing

Asia Alumina: Drifts Sideways at $200/Mt FOB Australia

Dec 18, 2015

The price of Australian alumina continued to drift sideways Thursday, leaving Platts daily assessment unchanged at $200/mt FOB, despite a slight slippage of Yuan 15/mt ($2.30) in Chinese domestic prices in Shanxi province. The Australian ...

Tags: alumina, Australian alumina

Osram Adds New IRED to its Product Portfolio

Dec 15, 2015

The new Oslux SFH 4786S infrared LED (IRED) from Osram is around one-third thinner than its predecessor. (Osram Opto Semiconductors/LEDinside) The new Oslux SFH 4786S infrared LED (IRED) from Osram Opto Semiconductors enables iris ...

Tags: Osram, IRED, smartphones

Osram Launches Lower-Profile Infrared LEDs with Tilted Emission for Mobile Iris Scanning

Dec 14, 2015

Osram Opto Semiconductors GmbH of Regensburg, Germany says that its new Oslux SFH 4786S infrared LED (IRED) enables iris recognition systems to be made less complex and with lower profiles. At 1.6mm high, the new IRED is about a third ...

Tags: Osram IR LED, Osram Opto Semiconductors GmbH, Electronics

UK Day-Ahead Power Prices Move Sideways on Mixed Market Signals

Dec 2, 2015

UK day-ahead power prices were mixed on Tuesday, moving in opposite directions for the second consecutive day this week, as healthy wind supply and weak NBP spot market offset bullish influence of rising demand. At the Platts 1100 GMT, ...

Tags: gas-fired power, coal-fired power, NBP gas

LASER 2013: Laser Market “at Record High” – Analyst

Nov 5, 2015

The global market for laser materials processing systems reached a new record high of €7.9 billion in 2012. Measured in euros the market grew 9 % over 2011, while measured in US-dollars the market grew only by 1 %. These observations ...

Tags: Laser Market, "at Record High", new laser industry

Self-Driving Battery-Powered Car Is Launched

Apr 23, 2015

NASA has introduced a self driving robotic car prototype, Modular Robotic Vehicle (MRV), which is capable of moving sideways and can take tight corners without compromising on the vehicle speed. The car looks similar to a golf cart with ...

Tags: Battery-Powered Car, Self-Driving Car

A Cable-Free Elevator Named MULTI

Feb 4, 2015

Elevators are absolutely vital in tall buildings, but they have their limits -- they can only move so quickly, and they can't usually move sideways to fetch you from the far side of a building. The firm, German company ThyssenKrupp, has ...

Tags: Cable-Free Elevator, Elevator

NY Futures Advance This Week, with December Gaining 146 Points to Close at 64.50 Cents/Lb

Nov 18, 2014

New York futures advanced this week, with December gaining 146 points to close at 64.50 cents/lb, while March moved up 114 points to close at 63.02 cents/lb. Persistent spec buying lifted the December contract to a high of 66.04 cents ...

Tags: grains markets, New York futures, Textile

NY Cotton Futures Drop Precipitously, as December Close at 59.73 Cents/lb

Nov 17, 2014

New York cotton futures dropped precipitously this week, as December lost 346 points to close at 59.73 cents/lb, while March fell 353 points to close at 58.75 cents/lb. “The narrow five-week sideways trend ended abruptly on Monday ...

Tags: cotton futures, market report, Textile

Turkish Scrap Index Started to Move Upwards

Oct 28, 2014

In the week from October 20 to October 26, on the Orbis Steel Index the Turkish scrap index started to move upwards, while the US (East Coast) HMS I/II scrap export index continued to move sideways. In the given week, the Turkish rebar ...

Tags: Turkish Scrap, Steel, Energy

New York Cotton Futures Moved Sideways Last Week

Oct 28, 2014

New York cotton futures moved sideways last week, as December dropped 52 points to close at 63.04 cents/lb, while March gained 17 points to close at 61.88 cents/lb. "The main feature this week was the drop in volatility, as the market is ...

Tags: New York, Cotton Futures, Textile

New York Cotton Futures Moved Slightly Lower This Week

Oct 21, 2014

As December declined 38 points to close at 63.56 cents/lb, while March shed 56 points to close at 61.71 cents/lb, New York cotton futures moved slightly lower this week. Another round of severe weather in the Delta and Southeast ...

Tags: Cotton Futures, cash cotton

CIF Bremen Cotton Index Continued to Move More or Less Sideways This Week

Aug 25, 2014

The CIF Bremen Cotton Index continued to move more or less sideways this week. Spinning mills were carefully watching the market development, but the uncertain price outlook kept many of them away from buying. This week, only a few ...

Tags: Bremen Cotton Index, Move Sideways, Apparel

The Turkish Rebar Index Increased for The Second Consecutive Week

Aug 19, 2014

In the week from August 11 to August 17, on the Orbis Steel Index the scrap indexes moved upwards. In the given week, the Turkish rebar index increased for the second consecutive week, while the Turkish flat rolled product indexes showed ...

Tags: Scrap, Metallurgy, Mineral

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