News archive

Tag: Economic

How water pollution affects economic growth

04-11-2019
economy, water pollution, economic growth

The detrimental effect of water pollution on the flora and fauna which live in river and marine habitats is well-documented. Even the deleterious impacts that such contamination can have on human health further up the food chain have been investigated to a strong degree. But aside from the environmental cost of water pollution, what do we know …

LANXESS: Stable business development in the first quarter of 2019 despite economic downturn

30-05-2019
LanXESS, Economic, Sales, EBITDA, Water, Economy, Advanced Intermediates segment,

Sales on previous-year level at EUR 1.822 billion EBITDA pre exceptionals up 1.9 percent to EUR 275 million EBITDA margin pre exceptionals rises to 15.1 percent Net income up 3.7 percent year-on-year at EUR 84 million Stock buy-back: Until May 10, 2019, EUR 176 million of the EUR 200 million utilized Forecast for the full year: EBITDA pre …

Two Schneider Electric smart factories recognised as the Lighthouses of the Fourth Industrial Revolution by the WEF

24-09-2018
Schneider Electric, Lighthouses of the Fourth Industrial Revolution, World Economic Forum, Le Vaudeuil factory, Wuhan factory, smart manufacturing technologies

Tianjin, People’s Republic of China, September 20, 2018 – Schneider Electric, the leader in digital transformation of energy management and automation, has today had its Le Vaudreuil factory in France selected among the world’s top nine advanced “lighthouse” site that embed the technologies of the Fourth Industrial …

Saudi Aramco, Air Products, and ACWA Power to team up on $8 billion gasification/power joint venture

15-08-2018
Saudi Aramco, Air Products, ACWA, gasification, power, joint venture, Jazan Economic City, Saudi Arabia

Saudi Aramco, Air Products (NYSE: APD), and ACWA Power announced on 12 August the signing of a Term Sheet to form an over $8 billion Gasification/Power joint venture located at Jazan Economic City (JEC) in Saudi Arabia. The joint venture will enhance the overall value of the refinery and integrated gasification combined cycle power plant, aiding …