In a significant development, the European Commission has granted approval for up to €6.9 billion ($7.43 billion) in state aid to support seven member nations in advancing their hydrogen supply chain infrastructure. This funding, allocated through the Important Projects of Common European Interest (IPCEI) program, will bolster the IPCEI Hy2Infra project jointly initiated by Poland,…
In a recent revelation by the Michigan Potato Industry Commission, the economic significance of Michigan’s potato supply chain has been underscored, with an estimated value of $2.5 billion. Executive Director Dr. Kelly Turner highlighted potatoes as the state’s second-largest produce commodity in terms of both volume and value, emphasizing the substantial impact of the industry…
A logistics company has successfully secured a $2 million seed funding aimed at accelerating the integration of electric vehicles (EVs) into its fleet, marking a significant milestone in its commitment to revolutionize green logistics practices in the Philippines. The funding, led by RT Heptagon Holdings (RTHH), underscores the growing momentum towards sustainable urban mobility. The…
A leading energy solutions provider recently announced a strengthened partnership with Wesfarmers Chemicals, Energy and Fertilisers (WesCEF), aiming to secure a stable lithium supply chain for the North American market’s demand for efficient and sustainable power solutions. The agreement between the two entities entails WesCEF supplying lithium concentrate to the energy solutions provider, supporting the…
A major aerospace manufacturer is currently focused on addressing challenges within its supply chain to ensure the smooth ramp-up of production for its A220 programme. The company sees no immediate need to overhaul its industrial setup despite ongoing issues faced by its wing supplier. The supplier has been seeking improved contract terms, leading to speculation…
The Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong, has expressed Malaysia’s ambition to assume a more significant role in the global aviation supply chain. Highlighting Malaysia’s reputable presence in aviation material manufacturing and aircraft parts production, Liew emphasized the sector’s pivotal contribution to advancing the objectives outlined in the New Industrial Master…
In a realm where cargo theft experiences a surge, blockchain technology emerges as a beacon of hope for secure and transparent supply chains. Companies such as Overhaul are spearheading efforts by investing in preventive measures like smart door seals to uphold integrity and trust within the retail sector. With the exponential increase in cargo theft…
The Department of Agriculture’s Special Area for Agricultural Development (SAAD) has initiated a project aimed at strengthening the poultry farming sector in the Philippines. Allocated ₱2.6 million, the project targets to enhance local egg production by supporting three key associations: the Rizal Rural Improvement Club (RRIC) and Rizal-Lucban Farmers Livelihood Association (RLFLA) in Magsaysay, along…
In the wake of establishing diplomatic relations with Cuba, South Korea’s presidential office is poised to explore opportunities for supply chain cooperation, particularly in the mineral sector crucial for electric vehicle (EV) batteries. Cuba’s status as the world’s fifth-largest nickel producer presents a promising avenue for enhancing South Korea’s presence in the global supply chain…
Two key players in the warehouse logistics industry have joined forces to transform warehouse operations with cutting-edge solutions. With a focus on innovation and collaboration, these partners are reshaping the future of logistics across Europe. Highlighting their successful partnership, two flagship projects for renowned companies in Germany and The Netherlands demonstrate the innovative approach to…