BMW Group has entered into a battery recycling partnership with Singapore-based SK tes to recover critical raw materials such as cobalt, nickel, and lithium from used batteries. The collaboration, launched in Europe, aims to integrate recycled materials into BMW’s...
The Asian Development Bank (ADB) has signed a financing agreement of up to USD 100 million with Ayala Corporation to accelerate the development of an electric mobility ecosystem in the Philippines. The funding will support the procurement and installation of electric...
BMW Group Malaysia is taking a proactive approach to electric vehicle (EV) adoption by focusing on the entire lifecycle of PHEV and EV batteries. The company is exploring recycling and second-life programs for these batteries as part of its circularity philosophy. Its...
PTT Global Chemical (PTTGC) has commenced production of sustainable aviation fuel (SAF) in Thailand for the first time. The initial phase targets an annual output of six million litres (37,738 barrels), with plans to expand production to 24 million litres per year in...
Starting 2025, Vietnam Airlines will incorporate sustainable aviation fuel (SAF) on all flights departing from Europe, becoming the first Vietnamese carrier to implement this initiative. The SAF usage will begin at a minimum of 2% and is set to progressively increase...
Recover, a Spain-based producer of recycled cotton fiber and cotton fiber blends, has recently opened a new manufacturing facility in Vietnam. The facility, set to begin operations early 2025, will introduce Recover’s large-scale recycling technology to Vietnam’s...
ExxonMobil, a leading American oil company, has committed to investing up to USD 15 billion in carbon capture and storage (CCS) and a petrochemical refinery in Indonesia. The agreement was formalized through a memorandum of understanding (MoU) signed between the...
Singapore’s Ministry of Trade and Industry (MTI) announced on November 2024 during the COP29 climate summit that it has successfully concluded negotiations on a bilateral carbon trading agreement with Peru. This Implementation Agreement (IA), aligned with Article 6 of...
The Philippines will receive EUR 10.7 million (USD 11.12 million) from the European Union (EU) to support climate mitigation and adaptation initiatives. This funding is part of the Climate Fund Managers’ (CFM) Climate Investor Two (CI2) Fund, a USD 1 billion blended...
HydroWing, the tidal energy division of the UK-based Inyanga Marine Energy Group, has entered into a binding agreement with one of Perusahaan Listrik Negara’s (PLN) subholdings, a state-owned national power company in Indonesia that owns the national grid. The...
UVCell Solar and Iozela Data Center have announced a strategic collaboration to develop two significant projects in Malaysia, focusing on sustainability and renewable energy. The first project will establish a state-of-the-art data center complex in Penang, designed...
Recover, a leading global producer of recycled cotton fiber based out of Spain has announced the opening of a new manufacturing facility in Dong Nai province, Vietnam, as part of its global expansion strategy. Set to begin operations in early 2025, this facility will...
