Business News
Overview: Business News
Sunfire starts electrolyzer series-production
15.03.2023
Sunfire has started series production of its alkaline electrolyzers in Solingen. To this end, the Dresden-based company is now automating key production steps.
Aurubis links sustainability criteria with sale of receivables
15.03.2023
The factoring program of Aurubis AG, a supplier of non-ferrous metals and a major copper recycler, will also be equipped with an ESG link with an initial volume of € 150 million over three years. This refers to Environmental and Social Governance, i.e., sustainable corporate management. The volume is to be successively increased to € 300 million.
Stadtwerke Kiel commissions Innio with hydrogen retrofit for power plant
15.03.2023
Stadtwerke Kiel has commissioned Austrian energy technology company Innio to convert its 190 MW coastal power plant to run on 100% green hydrogen. A letter of intent has already been signed.
Consultation for new energy research program for BMWK
15.03.2023
The German government will present a new energy research program in summer 2023 under the leadership of the Federal Ministry of Economics and Climate Protection (BMWK). For this, the BMWK is starting the stakeholder process to involve stakeholders from science and research as well as industry and society.
Weak order intake for machinery and plant engineering
15.03.2023
Orders in the machinery and plant engineering sector from Germany fell significantly once again at the beginning of the year. In real terms, new orders in January were 18 percent down on the previous year.
Hydrogen from LNG: Graforce presents plasmalysis process
15.03.2023
At the International LNG Congress in Düsseldorf, the Berlin-based technology company Graforce presented a process that converts LNG into hydrogen: plasmalysis. With its help, gas consumers should be able to switch to hydrogen without having to change previous energy suppliers or transport routes. Several demonstration plants are already in operation.
Unitex Steel Mills Limited places order for EAF-based minimill
14.03.2023
Placing the order for the 1,000,000 t/year minimill marks the kick-off for a modern steelmaking and long-product manufacturing complex in the Feni District in south-eastern Bangladesh. The entire minimill will be supplied by Danieli and be based on the Danieli Digimelter Q-One technology.
Simon Morris is new Head of Base Metals of CRU
13.03.2023
Simon Morris will lead a global team of researchers and analysts, leveraging their business insights in the base metals markets to customers in the commodities business. The Base Metals division covers metals such as copper, lead, nickel and zinc.
thyssenkrupp awards billion-euro contract for direct reduction plant to SMS group
07.03.2023
thyssenkrupp Steel has awarded the SMS group a contract to design and build the first hydrogen-fired direct reduction plant and two meltdown units at its Duisburg location. The order is worth €1.8 billion.
Interconnection of offshore wind farms planned
07.03.2023
Together with the German Federal Ministry of Economics and Climate Protection (BMWK), the transmission system operators (TSOs) 50Hertz, Amprion and TenneT have presented initial plans for interconnection projects in the North Sea.