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Amsted Industries forms automotive group to focus on electric and traditional vehicle markets

Green Car Congress

The integration provides an expanded global presence with 16 facilities in North America, Asia and Europe to serve the global customer base with a robust manufacturing footprint producing over 100 million components and assemblies annually. The world automotive market is going through a period of fundamental change.

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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
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Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

Green Car Congress

The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195
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LR and partners launch Silk Alliance to develop Green Corridor Cluster beginning with intra-Asia container trade

Green Car Congress

Initiated by the Lloyd’s Register Maritime Decarbonization Hub, The Silk Alliance brings together a diverse group of organizations whose collaboration can advance the decarbonization of the maritime industry. Pacific International Lines (Pte) Ltd (PIL), Wan Hai Lines, X-Press Feeders, Yang Ming Marine Transport Corp.;

Asia 186
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EIA: US ammonia prices rise in response to higher international natural gas prices; up by a factor of 6 in two years

Green Car Congress

US ammonia prices closely follow international ammonia prices because approximately 14% of total US ammonia consumption is met by imports. Because the global ammonia market is highly interconnected, the US price of ammonia closely follows international ammonia prices rather than only US natural gas prices.

Price 259
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ATC Drivetrain launches remanufacturing solutions for electric vehicles in North America and Asia

Green Car Congress

ATC Drivetrain, an independent global remanufacturer of automotive powertrain and drivetrain systems, is launching remanufacturing capabilities for electric vehicle systems at its Oklahoma City, OK facility to serve the North American automotive market and at its Zhangjiang, China facility to serve the Asian automotive market.

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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

Green Car Congress

In its International Energy Outlook 2019 (IEO2019), the US Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia.

Asia 220