Manufacturing

Nokia to join UNIDO’s Circular Economy Value Chains initiative – etbaba.com

Nokia today announced that it is joining Orange in an initiative in Egypt under the UNIDO-run Switch to Circular Economy Value Chains initiative, co-funded by the European Union and the Government of Finland. Egypt has set ambitious targets to improve waste management systems, including for e-waste, listed in Egypt Vision 2030. These involve increasing the …

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Vertiv introduces prefabricated mass timber solutions – etbaba.com

Vertiv, a global provider of critical digital infrastructure and continuity solutions, today introduced the innovative Vertiv™ TimberMod variant of its Vertiv™ Power Module and SmartMod™ families, featuring mass timber as a key structural component instead of steel for prefabricated modular (PFM) data centre solutions. Available in North America and in Europe, Middle East and Africa …

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HEINEKEN Ethiopia Introduces Malt-based Energy drink

HEINEKEN Ethiopia today officially introduced its latest product, a non-alcoholic Energy drink “BERTAT” to the Ethiopian Market. The new product is launched at a colorful ceremony attended by Mr Hubert Eze, Managing Director of Heineken and other invited guests, the new nonalcoholic Energy drink was unveiled. With the growing consumer demand for healthier products Heineken …

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Nissan to acquire shares in Vehicle Energy Japan Inc

Nissan Motor Co., Ltd. announces that it has entered into a definitive agreement to acquire shares in Vehicle Energy Japan Inc., a company engaged in the automotive lithium-ion batteries business. Nissan will acquire the shares after the completion of regulatory procedures, including necessary approvals and permissions. Nissan will acquire all the common shares of Vehicle …

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Ethiopian, Geven-SkyTecno to manufacture blankets for Boeing 737 MAX

Ethiopian Airlines and Geven-SkyTecno have inaugurated a state-of-the-art facility for the manufacturing of Insulation Blankets for Boeing 737 MAX airplanes as part of a Boeing agreement (BSCA) between The Boeing Company, Geven-Skytecno and Ethiopian Airlines. The new joint venture company of Ethiopian Airlines and Geven-SkyTecno, named “Ethiopian Sky Technologies”, is based in Addis Ababa with …

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China’s manufacturing output surges by 322%

It has been more than ten years since China surpassed the United States as the greatest industrial powerhouse in the world. China’s industrial output increased by 322% over the past two decades, which is six times faster than US growth. China’s percentage of the world’s manufacturing output increased tenfold. China’s manufactured exports have been expanding …

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Greening industrial technologies needs large-scale state intervention, says IMF

A new paper published by the International Monetary Fund (IMF) on Friday suggested a large-scale state intervention to both accelerate the transition from fossil fuels toward greener technologies and to help countries adapt to climate change. The report entitled, ‘Industrial Policy for Growth and Diversification: A Conceptual Framework’, stated: “large-scale state intervention is also required …

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Firmenich inaugurates new campus in Geneva

With the aim of accelerating innovation and driving global expansion, Firmenich, the world’s largest privately-owned fragrance and taste company, today officially inaugurated its new campus in Geneva, Switzerland. This new campus, at the cutting edge of the industry from both a technology and capacity perspective, represents Firmenich’s commitment to operational excellence. The total investment for …

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