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MALAYSIA - Media OutReach Newswire - 9 October 2024 - The International Greentech and Eco Products Exhibition & Conference Malaysia (IGEM) 2024, the region's longest-running green technology exhibition, officially opens today, reaffirming Malaysia's leadership in sustainable development with this year's theme "Race Towards Net Zero: Regional Leadership for Climate Urgency". Organised by the Ministry of Natural Resources and Environmental Sustainability (NRES) and co-organised by the Malaysian Green Technology and Climate Change Corporation (MGTC), with the Malaysian Investment Development Authority (MIDA) and The C0_LAB Pte Ltd as the strategic partner, IGEM 2024 sets an ambitious target of RM4.8 billion in business leads and drawing 48,000 visitors from over 48 countries. Hosted for the 15th consecutive year at the Kuala Lumpur Convention Centre from 9 to 11 October 2024, IGEM promises to push the boundaries of green innovation and collaboration with the introduction of two new themed zones – Clean Energy Transition Asia (CETA) Summit and MobilityX Exhibition. These pioneering zones are set to captivate thought leaders, policymakers, industry innovators, and stakeholders from the global green technology community. Minister of Natural Resources and Environmental Sustainability, YB Nik Nazmi Nik Ahmad said, "The significance of IGEM is in fostering global collaborations and accelerating the transition towards a sustainable future. IGEM 2024 is more than an exhibition; it is a catalyst for change, bringing together innovators, policymakers and industry leaders to shape the future of green technology". Themed Zones: CETA and Mobility X This year, IGEM introduces two new themed zones, each focusing on vital pillars of the green transition: Clean Energy Transition Asia (CETA) Summit: This zone will serve as a platform for discussing renewable energy ramp-up, low-carbon technologies, CCUS, hydrogen, transition fuels, and energy storage solutions. CETA will host leading companies in solar and wind power as well as emerging startups in hydrogen energy and carbon capture. MobilityX Exhibition: As global industries shift toward sustainable transportation, the Mobility X zone will spotlight electric vehicles (EVs), Urban Mobility, Charging Infrastructure expansion, digitalisation, and EV component manufacturing that aim to revolutionise mobility while reducing carbon footprint Milestones for IGEM 2024 Impacting Green Growth A major highlight of IGEM 2024 Day 1 is the soft launch of the COP29 Malaysia Pavilion in Baku, Azerbaijan. This marks Malaysia's continued dedication to ratifying the Paris Agreement by participating in COP, where the country has actively voiced climate change concerns, including the loss and damages fund for developing countries. Day 1 will see the ribbon cutting ceremony by Deputy Minister of NRES, YB Dato' Sri Huang Tiong Sii, accompanied by Chief Secretary of NRES, YBhg. Datuk Dr. Ching Thoo a/l Kim; and Deputy Chief Secretary (Nature Sustainability), YBhg. Datuk Nor Yahati binti Awang. On Day 2, Minister of Economy YB Rafizi bin Ramli will launch the official opening ceremony of IGEM 2024. NRES Minister YB Nik Nazmi Nik Ahmad will also present the opening remarks. Key Exhibitors Leading the Sustainability Agenda With over 70 exhibitors participating this year, IGEM 2024 has brought together some of the biggest names in green technology. Key exhibitors leading this year's initiatives include: Petronas: Malaysia's national energy company will spotlight its commitment to net-zero carbon emissions through hydrogen energy and carbon capture technologies. Tenaga Nasional Berhad (TNB): The nation's largest electricity utility company will showcase its large-scale solar initiatives and innovative grid technologies to enhance energy efficiency. OCBC Bank: Highlighting green financing solutions that support the global transition toward a low-carbon economy. Xiamen Solar First Energy Technology: A global leader in hi-tech enterprise specialised in solar energy, this enterprise will showcase its wide array of offerings and services for achieving green energy with renewable resources. Other notable exhibitors include Solarvest, UOB, Samaiden Group, Itramas, Citaglobal, and Solax Power, which showcase innovations in renewable energy, circular economy practices, and intelligent technologies that can shape a sustainable future. IGEM 2024 will also witness several Memoranda of Understanding (MoUs) signed between Malaysian and international companies, reinforcing regional collaboration in the green economy. Trade visitors will also have access to exclusive business networking sessions organised by the Malaysian Investment Development Authority (MIDA), the Malaysia External Trade Development Corporation (MATRADE), and MGTC to attract investments in green technology. Throughout the three-day event, attendees at IGEM 2024 will witness the latest innovations from local and regional exhibitors, focusing on five key pillars: Empowering Cities: Showcasing solutions that enhance urban sustainability, from smart infrastructure to resilient green spaces. Electrifying Mobility: Exploring electric mobility solutions, promoting cleaner transportation options, and reducing carbon emissions. Decarbonising Energy: Highlighting Malaysia's advancements in renewable energy and low-carbon technologies, emphasising the transition towards a greener energy landscape. Accelerating Circularity: Focusing on circular economy practices, waste reduction, and resource efficiency will reinforce Malaysia's commitment to sustainable production and consumption. Conserving Biodiversity: Recognising the critical role of biodiversity in climate resilience and exploring strategies for preserving natural heritage. Join the Race Towards Net Zero As IGEM 2024 continues to pave the way for green technology and innovation, the event underscores the importance of collaborative efforts in achieving Malaysia's sustainability goals. Join us in this exhilarating Race Towards Net Zero and be part of Malaysia's green transformation. Register now at https://www.igem.my/ to participate in this landmark event and experience cutting-edge exhibitions and conferences. Together, we can turn the tide on climate change and build a sustainable, prosperous future for all. Hashtag: #IGEM2024The issuer is solely responsible for the content of this announcement.
BANGKOK, Oct. 9, 2024 /PRNewswire/ -- The Thailand Board of Investment (BOI) has approved the investment promotion application by Continental AG group's Continental Tyres (Thailand) Co., Ltd. to spend a total of 13.4 billion baht (ca. USD400 million) to expand its tire plant in Rayong Province and boost annual production by an additional 3 million high-performance radial tires, mostly for export, reaffirming Thailand's status as the World's second largest tire production base. The Thailand Board of Investment (BOI) has approved an additional USD 400 million investment by Continental Tyres (Thailand) Co., Ltd., to expand its tire production plant in the country, boosting its output to 7.8 million tires per year and consolidating Thailand's status as the World’s second largest tire production base. The additional investment, including the construction of a new factory building, the extension of the existing plant, located in the WHA Industrial Estate Eastern Seaboard 4, and the installation of new machinery imported from Germany, will boost output at the site to 7.8 million tires per year, and increase employment by 600 to a total staff of 1,500. The facility is using locally produced natural rubber and other raw materials to make tires for motorcycle, light trucks, and passenger cars, including electric vehicles. "Continental's move demonstrates Thailand's potential as a world-class production base for tires featuring the highest quality standards, both in terms of safety and environmental considerations," said Mr. Narit Therdsteerasukdi, Secretary General of the BOI. "This major expansion by Continental also reinforces Thailand's status as an automotive industry hub, and reconfirms global investor's confidence in Thailand." Continental Tyres (Thailand) was established in 2009 as a fully owned unit of Continental Group. Continental is the World's fourth biggest tire manufacturer. The company's tire production in Rayong started five years ago. Like Continental, most leading tire manufacturers already have significant investments in Thailand, making the country the World's second largest tire production and export base, after China. World-class manufacturers with production bases in Thailand include Michelin from France, Bridgestone, Sumitomo Rubber and Yokohama Tire from Japan, Goodyear from the USA, as well as Zhongshe Rubber, Prinx Chengshan Tire, Linglong Tire, and Century Tire from China. Since 2020, tire manufacturers have filed with the BOI 41 investment applications for new tire production projects, with a total investment value of over 112 billion baht. Thailand has long been a successful player in the global automotive industry, ranking 10th in the world and number one in Southeast Asia as a manufacturer in 2023. Most leading makers of conventional internal combustion engine (ICE) cars and parts, as well as manufacturers of electric vehicles (EV) have operations in the country. They are attracted by government policies offering subsidies, tax breaks and other incentives, and by the country's strategic location and supply chain. For more information, please contact:Thailand Board of InvestmentTel. +66 (0) 2553 8111Website: www.boi.go.thYouTube: Think Asia, Invest Thailand
BANGKOK, THAILAND - Media OutReach Newswire - 9 October 2024 - PTT Oil and Retail Business Public Company Limited (OR) is setting a bold new standard for sustainability in Thailand's oil and retail sector, with ambitious goals to achieve carbon neutrality by 2030 and net-zero greenhouse gas emissions by 2050. Committed to continuously developing and enhancing all of its businesses, OR not only prioritizes quality and reliability but also places great importance on fostering a cleaner, more sustainable society in every dimension. By driving business, the environment, and the community forward together—both within Thailand and on a global scale—OR aims to demonstrate its potential to grow sustainably on the world stage. Driven by a clear and comprehensive sustainability strategy known as OR SDG, the company's mission is anchored on three foundational pillars: S (Small): Creating opportunities for communities D (Diversified): Creating opportunities for diversified growth G (Green): Creating sustainable opportunities Bringing Sustainability to Life PTT Oil and Retail Business Public Company Limited (OR) is committed to sustainability through a series of innovative initiatives that set a new benchmark for corporate responsibility, both in Thailand and internationally, ensuring alignment in the same direction PTT Station OR is dedicated to continuously enhancing product and service quality to provide the best consumer experience. Leading in the development of premium fuels, including high-performance, engine-protecting fuels and Euro 5 diesel with less than 10 ppm sulfur to reduce environmental impact, OR also plans to expand the PTT Station network nationwide, as well as in the Philippines, Cambodia, and Laos. This expansion will support both conventional and electric vehicles, using geo-analytics to identify optimal locations. In 2023, the PTT Station Flagship Vibhavadhi 62 was first launched in Thailand, showcasing OR's commitment to sustainable development for people, communities, and the environment. With over 2,200 stations serving more than 3.4 million patrons daily, PTT Stations aim to be platforms for mobility, lifestyle, and business partnerships to foster mutual growth. Café Amazon: A New Standard in Sustainability Café Amazon, goes beyond serving coffee by embodying the principles of the circular economy. Waste materials from Café Amazon, such as coffee husks, are upcycled into functional furniture, Additionally, the OR Ecosystem is utilized throughout Café Amazon value chain. In other countries, similar practices are implemented, including the use of BIO Cup R-PET and staff uniforms produced through upcycling processes. This exemplifies how sustainability can be effectively integrated into business operations. EV Station PluZ: Driving the Future of Mobility As Thailand transitions towards electric vehicles (EVs), the promotion of clean energy, such as the adoption of EVs, is continuously growing day by day. Currently, Over 800 EV charging stations have been installed in Thailand, with nearby countries such as Laos having 6 charging stations and Cambodia having 11 charging stations. OR is leading this shift with its EV Station PluZ initiative, aiming to install 7,000 EV charging stations across all 77 provinces in Thailand by 2030. This expansion underscores OR's commitment to reducing carbon emissions and making clean energy solutions accessible nationwide, supporting the growing demand for electric vehicles. Sustainable Aviation Fuel (SAF) Refueling: Leading Clean Aviation OR's collaboration with Thai VietJet marks a significant step toward cleaner aviation. By pioneering the use of Sustainable Aviation Fuel (SAF) produced from used cooking oil, OR helps reduce the aviation industry's carbon footprint without compromising performance. This innovative fuel can be blended with traditional Jet A-1 fuel and used in aircraft without requiring engine modifications. Furthermore, OR has initiated and is consistently executing a range of commendable projects in Thailand that are receiving increasing recognition in the Thai market, including: Thaidet Project: Supporting Local Communities Thaidet selects and promotes excellent local products from community enterprises and SMEs to be sold at PTT Station. This initiative aims to assist people in communities and showcase the stories and pride of the local people, while also increasing opportunities to distribute products to consumers nationwide. The Thaidet project has been at the forefront of creating jobs and livelihoods for villagers, farmers, and community members for some time now. It has also helped raise the standard of community products to international levels. Over the past 5 years, the project has contributed to income generation and growth for 376 community enterprises, with over 325 branches nationwide. In 2023 the project generated a total income of over 102 million baht. The Thaidet Project highlights OR's dedication to supporting local communities by promoting the best local products from community enterprises. providing these products with a platform in PTT Station in Thailand. The project not only elevates local craftsmanship but also promotes eco-friendly goods, reinforcing OR's belief that sustainable practices should benefit everyone. Yak Lak Yim Project: Community-Driven Waste Management Yak Lak Yim Project encourages responsible waste disposal by inviting consumers to separate their waste and dispose of it in designated bins. Proceeds from selling recyclable materials are reinvested into local communities, creating a positive feedback loop that benefits both the environment and the people. This project reflects OR's commitment to community-driven sustainability. PTT Lubricants: Save the World, Save Your Car Campaign In partnership with PTT Lubricants, OR launched the Save the World, Save Your Car campaign, inviting consumers to recycle used oil containers. These containers are transformed into Wood Plastic Composite materials, used to produce school desks and chairs for underprivileged schools. This initiative promotes recycling while supporting education and sustainability simultaneously. A Vision for a Sustainable Future As OR continues to drive progress in business, environmental stewardship, and community development, it remains steadfast in its mission to create a cleaner, more sustainable future for Thailand. With ambitious goals and innovative initiatives, OR is not just leading the journey toward carbon neutrality—it's redefining corporate responsibility for the 21st century. Hashtag: #OR #PTTStation #CaféAmazon #EVStationPluZ #PTTLubricantsThe issuer is solely responsible for the content of this announcement.About PTT Oil and Retail Business Public Company Limited (OR)PTT Oil and Retail Business Public Company Limited (OR), a subsidiary of PTT Public Company Limited (BKK:PTT), focused on integrating energy and retail business operations in Thailand to achieve inclusive growth opportunities for all stakeholders. Committed to excellence and innovation, OR is responsible for the distribution of products and services in both the energy and retail sectors, directly serving consumers and underscoring its leadership in the energy market. Additionally, OR is consistently striving to expand its business opportunities in the global market by leveraging successful business models from Thailand, including PTT Station, Café Amazon, EV Station PluZ, and PTT Lubricants. These models integrate energy management with retail operations, serve as a blueprint for growth in international markets.
TAIPEI, Oct. 8, 2024 /PRNewswire/ -- With the rapid advancement of artificial intelligence (AI) technology, the demand for high-performance computing continues to grow, particularly in applications requiring powerful graphics processing capabilities. This has led to an increasing need for NVIDIA, AMD, and Intel GPUs. These high-end graphics computing systems require high-wattage power support, driving the rapid growth in demand for new types of coupling inductors. The continuous rise in electronic product demand and technological innovations is fueling the need for higher-performance, high-frequency, and highly reliable magnetic components, thus promoting growth in the electronic components market. AI and Emerging Technologies Drive Demand for Magnetic Components. The development of emerging applications such as 5G communication, the Internet of Things (IoT), and electric vehicles is also driving innovation in magnetic components. Magnetic components, including transformers, inductors, and magnetic beads, are widely used in power management, signal processing, and energy storage applications. Advances in magnetic materials science have become a focal point of technological development, with the application of nanocrystalline materials and new magnetic materials significantly enhancing component performance and enabling miniaturization. In addition, advancements in automated manufacturing technology not only help stabilize product quality but also improve efficiency and reduce costs. Production processes are also shifting towards sustainable development, reducing environmental impact during manufacturing. The rapid development of lead-free solder and high-performance, low-energy components not only promotes efficient resource use but also supports green environmental trends. Taiwan-based inductor manufacturer GOTREND has been dedicated to advancing technology and innovation in research and development since 2000. The company focuses on providing high-quality, reliable inductors and magnetic component products, serving a range of applications including wireless charging, smart living, industrial automation, communications, smart vehicles, medical, and AI servers. Recently, GOTREND introduced the GTLVR Series TLVR coupling inductors for AI and GPU applications, which have garnered significant industry attention. As developments in new energy vehicles, smart homes, Industry 4.0, and AI continue, the magnetic component market is expected to expand. GOTREND plans to increase its investment in R&D and launch more innovative products to meet market demands and solidify its market position. For more information about GOTREND, please visit https://www.gotrend.com.tw/ or contact us.
SHANGHAI, Oct. 8, 2024 /PRNewswire/ -- The 7th Hongqiao International Economic Forum (HQF) will be held at the National Exhibition and Convention Center (Shanghai) from November 5th to 10th. Themed "High-Standard Opening up for Universally Beneficial and Inclusive Economic Globalization", the forum will feature discussions on building an open global economy and a community with a shared future for mankind, inviting globally renowned leaders in politics, international organizations, business, and academia. Highlight I: A global vision for world hot issues This year's forum focuses on hot topics such as climate change, the Global South, the 30th anniversary of the WTO, international cooperation on standards, artificial intelligence, Electric vehicles, and consumption upgrading. Highlight II: Leading figures sharing professional views The forum invites pundits of various fields from home and abroad, including representatives of governments and international organizations, business leaders, and leading scholars for in-depth dialogues. Highlight III: Upgraded interactions across various channels The CIIE & HQF Gala will be upgraded to create an exclusive networking opportunity that gathers guests from political, business and academic communities and facilitates the exploration of trade and investment opportunities. Highlight IV: Groundbreaking research findings to be unveiled The World Openness Report 2024 and the latest World Openness Index will be released. Meanwhile, several government agencies and international organizations plan to publish reports, proposals, roadmaps and other results at the HQF. Highlight V: Innovative integration of the Forum and the Expo Activities such as sub-forums at the booths and guest group visits are introduced to fully leverage the forum's unique advantage of being held at the same time as the CIIE. Highlight VI: Vital help from professional partners A series of sub-forums will be held at the HQF in a joint effort with Chinese government departments as well as international organizations. Meanwhile, some of the sub-forums will be held in partnership with professional media outlets and think tanks. Highlight VII: Intensive exposure supported by mainstream media The HQF partners in media outlets will offer full coverage on the forum before, during, and after the event. Meanwhile, major media will be invited to cover the sub-forums in the form of real-time photo sharing, feature story, and promotion. To explore more beyond the seven highlights, you are welcome to sign up for the 7th Hongqiao International Economic Forum at the CIIE APP, mini-program, and website forum.ciie.org. Looking forward to meeting you at the HQF! Contact: Ms. Cui0086-21-968888exhibition@ciie.org
- IGS's Innovative Technology Achieves Non-destructive Pre-shipment Battery Inspection for All Cells with Superior Accuracy - KOBE, Japan, Oct. 8, 2024 /PRNewswire/ -- Integral Geometry Science, Inc. (hereinafter "IGS") is proud to announce its participation in the Battery Show North America 2024 to showcase its cutting-edge "Non-destructive Battery Imaging Diagnostic System." The event will take place from October 8 (Tuesday) to October 10 (Thursday), 2024, at Huntington Place, Detroit, MI. Image1: https://cdn.kyodonewsprwire.jp/prwfile/release/M108391/202410077686/_prw_PI1fl_6Gnh206c.png Image2: https://cdn.kyodonewsprwire.jp/prwfile/release/M108391/202410077686/_prw_PI2fl_4o577Y0W.png Amid growing concerns over the safety of lithium-ion batteries, widely used in popular consumer products such as electric vehicles (EVs) and smartphones, a rise in fire and explosion incidents has highlighted the need for more reliable inspection technologies. Battery manufacturers currently employ "aging tests" to detect defective batteries that experience a sudden voltage drop when charged. However, these conventional methods often fail to identify latent defects, which has led to accidents involving exploding batteries despite passing inspections. As demand for lithium-ion batteries continues to increase, so do the risks associated with hidden defects. In response, IGS has developed the Non-destructive Battery Imaging Diagnostic System, capable of detecting faults that conventional tests may miss. Based on the world's first inverse problem analysis and ultra-sensitive measurement technology, this advanced system provides a more accurate and reliable approach to battery safety by directly visualizing potential defects within the battery. In addition, the introduction of this system will enable 100% inspection of batteries. Key Features of IGS "Non-destructive Battery Imaging Diagnostic System" Visualization of Internal Current Density DistributionThe system visualizes the internal current density distribution, which directly impacts battery performance and longevity, allowing for precise identification of potential defects and their causes. Non-destructive InspectionUnlike traditional testing methods, the IGS system allows for the inspection of battery internals without damaging the battery, ensuring its original quality and functionality after testing. Detection of Micro-short Circuits in "Good" BatteriesThe system can non-destructively identify micro-short circuits and current irregularities in batteries that have passed quality control standards, providing an additional layer of safety evaluation. Achieving Inspection of All Battery Cells before ShipmentBy introducing the IGS technology, battery suppliers and manufacturers can inspect all the battery cells before shipment with much higher accuracy, thus preventing defective batteries (which could pass the conventional testing methods) from being shipped to the market. Exhibition details:Event: Battery Show North America 2024Dates: October 8 (Tue.) - October 10 (Thu.), 2024Location: Huntington Place Detroit, MIBooths: Exhibit Hall A-C -- 5843 -- The Battery ShowURL: https://www.thebatteryshow.com/en/home.html IGS's new system, based on a world-first computational theory developed by the company, is set to redefine the way battery manufacturers approach fault analysis and quality control, helping to prevent the kind of battery-related incidents that have caused widespread concern. For more information, please visit the IGS booths at the Battery Show North America or contact IGS at: https://www.igs-group.com/en/contact About Integral Geometry Science, Inc. (IGS)IGS is a company that researches, develops, and commercializes technology that captures images of hidden worlds previously unseen by anyone. To capture these unknown realms, it is necessary to send waves from the outside world, observe the ripples that escape after they repeatedly reflect inside, and create images from those observations. This process is known as the inverse problem of wave scattering, a highly challenging and unsolved problem in the history of applied mathematics. In 2012, Dr. Kenjiro Kimura and Dr. Noriaki Kimura succeeded in solving this problem for the first time in the world. Their solution, "Method for Solving the Inverse Scattering Problem and Imaging Technique," was recognized globally, with patents granted in the U.S., Japan, China, Europe, and other countries and regions. To implement this groundbreaking research in society, IGS was founded in 2012. The company has established a research and development hub at Kobe University's Incubation Center, where it continues to work on the development and practical application of imaging technology. https://www.igs-group.com/en
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