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Chemicals & Energy: Page 40
Vietnamese EV Maker Planning Battery Plant in India
VinFast said in October 2023it would build assembly factories in India and Indonesia that each have an annual capacity of up to 50,000 cars and a capital expenditure of up to $200 million at first.
Russian LNG Producer Begins Arctic Operations Despite U.S. Sanctions
The first shipments from the LNG project will be delivered during the first quarter of 2024, said Russian Deputy Prime Minister Alexander Novak.
India Truckers Strike Threatens Food, Fuel, Goods Supplies
The truckers launched the strike January 1 in protest against the newly enacted criminal law which extends the jail term for hit-and-run cases to a maximum of 10 years.
Nickel Is 2023’s Biggest Metals Loser, Copper Manages Small Gain
The metal used in stainless steel and electric vehicle batteries posted an annual drop of 45% on the London Metal Exchange, the biggest decline since 2008.
New Actions from the White House Highlight the Difficulty of Tracing Forced Labor in Supply Chains
While recent actions won’t end the issue of forced labor entirely, this may well be a meaningful milestone in the long-running effort.
Indonesian Nickel Workers Rally for Improved Safety After Deadly Fire
The workers’ main demand is “for the companies to comply with occupational health and safety” laws, said Katsaing, the Serikat Pekerja Indonesia Sejahtera (SPIS) workers’ union chairman.
How Supply Chain Experts Said They Were Handling the Peak Season Rush
2023’s peak season will have seen supply chain professionals both relying on tried-and-true peak season strategies and testing next-gen solutions.
India Plans to Expand Its Coal Power Fleet to Meet Soaring Demand
The nation intends to add almost 88 gigawatts of new capacity by early 2032, a 63% increase from a previous plan published in May 2023.
Tesla Acquires Land in Shanghai to Build Megapack Battery Plant
The company paid $31.13 million for use rights to a 48.7-acre plot near an existing Tesla plant that currently produces Model 3 and Model Y vehicles.
Capital Product Partners Finalizes $3B Acquisition of 11 LNG Vessels
Capital Product Partners entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP on November 13, 2023 to acquire 11 LNG vessels from Capital Maritime.
U.S. Considers More Tariffs on Chinese Electric Vehicles, Other Goods
Officials from the White House and various Cabinet agencies have been discussing whether to hike duties on certain Chinese exports, said people familiar with the matter who spoke anonymously.
ArcelorMittal Signs $2.7B Natural Gas Supply Deal with Mexico’s CFE
ArcelorMittal said that the contract would provide its operations in Lazaro Cardenas in the state of Michoacan with gas from Waha, Texas.
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