The International Air Transport Association estimates sustainable aviation fuel production to reach at least 300 million liters in 2022, about triple the 100 million liters produced in 2021. Some calculations have that figure reaching 450 million liters, according to IATA. Those figures still are a fraction of the amount needed to help airlines achieve their … Read more
EV Startup Rivian Missed 2022 Production Target Source link
bagi1998/iStock via Getty Images Nexa Resources (NYSE:NEXA) said late Tuesday it has temporarily suspended production at its Atacocha San Gerardo open pit mine in Peru after local protesters blocked road access to the mine. Nexa (NEXA) said there is no material impact on Atacocha’s zinc production to date, but it has limited activities to critical … Read more
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Paul Lienert and Akash Sriram Published Jan 03, 2023 • 2 minute read Join the conversation Article content Electric vehicle maker Rivian Automotive just missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday. … Read more
Foxconn’s COVID-hit iPhone plant in China’s Zhengzhou city is almost back to full production, with its December shipments reaching about 90% of initial plans, two people with direct knowledge of the matter said. Foxconn, formally Hon Hai Precision Industry Co Ltd 2317, declined to comment. Production at the world’s largest manufacturing facility of Apple Inc’s iPhones … Read more
jetcityimage/iStock Editorial via Getty Images The Biden administration confirmed Saturday it would ease some oil sanctions on Venezuela, including granting Chevron (NYSE:CVX) a license to resume “limited” oil production in the country after U.S. sanctions stopped all drilling activities there three years ago. The reprieve came after Venezuelan President Maduro’s government and a coalition of … Read more
The US on Saturday authorised Chevron to resume oil production through its joint ventures in Venezuela, after the socialist government in Caracas and the opposition resumed political talks in Mexico City. The relaxation of oil sanctions signals a major change in Washington’s posture towards the Venezuelan government. The US had previously sought to force the … Read more
Business European makers of lower-tech systems and munitions, such as mortars and rounds, are pushing to increase capacity Source link
China’s strict “zero Covid” policy has been blamed for a delay in Apple’s latest iPhone production. A protest over a pay dispute in the world’s largest iPhone plant could worsen the situation. Source link
Netflix has said it will clock more than 30 Spanish-language projects across film, series, and non-fiction documentaries by the year’s end. The news was unveiled by Verónica Fernández, Director of Series for Spain and Portugal at an event to mark the expansion of the streamer’s production hub in Tres Cantos, Madrid. Netflix has been available … Read more