Saudi Aramco is reportedly working with investment bank Evercore on plans to separate its natural-gas operations into a standalone division, a move that could eventually open the business to outside investment or a public-market listing.According to Bloomberg News, the proposed restructuring could give Aramco’s gas activities a clearer corporate structure as the Saudi energy giantContinueContinue reading “Saudi Aramco explores standalone gas business with Evercore”
Category Archives: Industries
Rio Tinto to expand metals trading beyond own output
Rio Tinto is broadening its metals-trading operations to handle third-party volumes and use financial derivatives, marking a strategic shift for the world’s second-largest miner as it seeks to extract more value from its global asset base.Under the plan, the company will buy and sell metals produced by other miners in markets where its existing infrastructureContinueContinue reading “Rio Tinto to expand metals trading beyond own output”
Boeing and Turkish Airlines finalize historic order for up to 150 737 MAX jets
Turkish Airlines has signed its largest-ever Boeing single‑aisle deal, locking in an order for up to 150 737 MAX aircraft to accelerate fleet renewal and network growth from Istanbul.Deal details and structureThe agreement, announced on 23 September 2026 in New York, covers 100 firm 737‑8 jets plus options for an additional 50 737 MAX aircraft. ContinueContinue reading “Boeing and Turkish Airlines finalize historic order for up to 150 737 MAX jets”
Hörmann UK expands support for industrial trade customers
Hörmann UK is strengthening its industrial offering with the launch of a dedicated Industrial Trade team, created to provide more focused support to installers and trade partners across the country.The new team forms part of the company’s Industrial Sales division and will concentrate specifically on the needs of industrial trade customers. Its responsibilities will includeContinueContinue reading “Hörmann UK expands support for industrial trade customers”
Toyota Plans 400,000 Robots in Global Factory Upgrade
Toyota plans to deploy approximately 400,000 robots across its global manufacturing operations as part of a major factory-modernisation programme expected to begin in 2028.The Japanese carmaker is also projected to invest about ¥1 trillion—roughly US$6.4 billion or £5 billion—each year to upgrade production facilities and expand automation. The programme is expected to cover Toyota-owned plants,ContinueContinue reading “Toyota Plans 400,000 Robots in Global Factory Upgrade”
GE Aerospace fixes engine seal flaw that threatened Boeing 777X timeline
GE Aerospace has completed the redesign of a cracked turbine mid-seal in its GE9X engine, addressing a technical problem that was first identified during a January inspection of a flight-test engine.The company traced the crack to a design-tolerance issue rather than a broader systemic failure. Boeing’s 777X flight-testing programme has continued, while certification efforts remainContinueContinue reading “GE Aerospace fixes engine seal flaw that threatened Boeing 777X timeline”
Maersk reportedly plans $8.9 billion order for up to 42 new container ships
A.P. Moller-Maersk is reportedly preparing one of the largest fleet-expansion programmes in its history, with plans to order up to 42 new container vessels at an estimated cost of approximately $8.9 billion.The proposed investment would include some of the biggest ships ever operated by the Danish shipping group. The move reflects Maersk’s effort to strengthenContinueContinue reading “Maersk reportedly plans $8.9 billion order for up to 42 new container ships”
Stellantis Expands Remanufactured EV Parts, Including High-Voltage Batteries
Stellantis is widening its remanufactured parts program to include electric-vehicle components, notably high-voltage battery packs, as the automaker seeks to cut costs and reduce the environmental footprint of vehicle ownership.The expanded program, announced by Stellantis, adds a range of EV components to its existing remanufacturing and parts-reuse efforts. High-voltage traction batteries are among the headlineContinueContinue reading “Stellantis Expands Remanufactured EV Parts, Including High-Voltage Batteries”
Hyundai Mobis opens first European PE system plant
Hyundai Mobis’ push into Slovakia is a bid to become an electrification supplier of choice for Europe’s major automakers.Hyundai Mobis has opened its first European power electric (PE) system plant in Nováky, Slovakia, with annual capacity of 280,000 units and an investment of approximately KRW 250bn (US$185m). Third in a series of European electrification bases,ContinueContinue reading “Hyundai Mobis opens first European PE system plant”
Astec completes delivery, commissioning of advanced ship loading system at Lüderitz port
Multinational original equipment manufacturer group Astec Industries has successfully completed the delivery, assembly and commissioning of a new bulk materials handling and ship loading system at Lüderitz port, in Namibia, for customer Autoforce.The project marks the installation of the first Telestack ship loader at the port and in Namibia.The order comprised an Astec Telestack HF18ContinueContinue reading “Astec completes delivery, commissioning of advanced ship loading system at Lüderitz port”