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SEMI forecasts global chip industry to invest >$500B in new factories by 2024; automotive and HPC

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The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing (HPC) fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report.

Industry 243
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CharIN response to Tesla opening its North America Charging Standard

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and its CharIN North America Chapter (operating as CharIN Inc.), CharIN is the largest global association focused on the electrification of all forms of transportation based on the seamless and interoperable charging experience enabled by the Combined Charging System (CCS) and the Megawatt Charging System (MCS). issued a response.

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Lithium Americas begins construction at Thacker Pass

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Lithium Americas Corp. Established in 1981 and based in Philadelphia, Aquatech is a global leader in water purification technology for industrial and infrastructure markets with a focus on desalination, water recycling and reuse, and zero liquid discharge (ZLD). EXP Global Inc. EXP Global Inc. Sulfuric Acid Plant.

America 305
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Maersk orders 110 more Volvo VNR Electric trucks for North America

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Volvo Trucks in North America has won an order for 110 Volvo VNR Electric trucks from the global logistics company Maersk. The Volvo VNR Electric is produced in Volvo Trucks’ New River Valley plant in Virginia, which is the exclusive producer of all Volvo trucks in North America.

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BMW Group secures CO2-reduced steel for global production network

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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Over the coming years, Boston Metal plans to expand the new method for steel production on an industrial scale.

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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Global LNG export capacity has increased by 29%, or 14.0

Gas 259
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Volkswagen factories in the US and Mexico to link up with the Industrial Cloud

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Volkswagen plans to connect its production facilities in Chattanooga (TN), Puebla and Silao (Mexico) with the global Industrial Cloud initiative from the Volkswagen Group and Amazon Web Services (AWS). Volkswagen’s three North American plants are the first outside Europe to be networked with the Industrial Cloud.

Mexico 259