In an interview with The Manufacturer, Lloyds Bank’s head for UK manufacturing, Dave Atkinson, has outlined why he believes manufacturers of all kinds should see sustainability and net-zero goals as a business opportunity. Continue reading Lloyds positions sustainability as opportunity
Shell CEO sets out five aims for the UK
Speaking at the company’s Powering Progress UK summit for contractors and staff, Shell’s CEO, Ben van Beurden stated five clear goals Continue reading Shell CEO sets out five aims for the UK
EV startup to build UK manufacturing hub
REE, a startup to build electric vehicles (EVs), has announced that it will build a new manufacturing hub in Coventry at a cost of about £12.1 million, giving a boost to the automotive industry in the region. Continue reading EV startup to build UK manufacturing hub
Occidental thinks CCS market could be worth $5 trillion
US-based oil company Occidental Petroleum has predicted that the market for carbon capture and storage (CCS) could be worth trillions of dollars in future. Continue reading Occidental thinks CCS market could be worth $5 trillion
Chevron Philips to expand PAO production in Belgium
Chevron Philips Chemical Co. LLC (CPChem), a petrochemical joint venture owned by Phillips 66 and Chevron, has announced its intention to build a new unit at its Beringen petrochemical plant in Belgium to boost the production of polyalphaolefins (PAOs) Continue reading Chevron Philips to expand PAO production in Belgium
Report finds Midlands popular with manufacturers and start-ups
In a recent report based on Quantuma’s Clarity data model, the Midlands has been revealed to have a flourishing manufacturing sector, together with good growth prospects. It also appears to be somewhat of a hotspot for early-stage Continue reading Report finds Midlands popular with manufacturers and start-ups
Shell and Equinor sign Tanzania deal
Norway-based Equinor and UK-based Shell have moved a $30 billion LNG project in Tanzania a step closer by signing an outline agreement with the country’s government. Continue reading Shell and Equinor sign Tanzania deal
Global oil production almost back to pre-pandemic levels
According to new estimates from the US Energy Information Administration (EIA), the global production of crude oil is now back to within 1% of the level seen just Continue reading Global oil production almost back to pre-pandemic levels
BP outlines UK investment plans
Speaking at a business summit organised by the North East England Chamber of Commerce, BP’s Head Of Country for the UK, Louise Kingham, gave a speech about BP’s investment Continue reading BP outlines UK investment plans
Safety-Kleen announces new range of sustainable base oils
Used oil recycler Safety-Kleen has launched its new KLEEN+ family of base oils, which it claims are both more sustainable and superior in quality when compared to base oils refined from Continue reading Safety-Kleen announces new range of sustainable base oils