SustainableManufacturing

Novo Nordisk Dedicates $1.2 Billion to New State-of-the-Art Factory in Denmark

7 days ago

In a significant move for the pharmaceutical industry, Novo Nordisk has announced an impressive investment of $1.2 billion to build a new factory in Denmark. This major initiative is aimed at enhancing the company's production capabilities, particularly for its expanding portfolio in diabetes and obesity treatments. With the global demand for such products skyrocketing, this new facility is positioned to bolster Novo Nordisk's role as a leader in the biotechnology sector.

President Biden Proposes $7.5 Billion Investment in Samsung SDI and Stellantis Battery Hub

21 days ago

In a significant move aimed at bolstering the United States' electric vehicle (EV) industry, President Joe Biden has announced a proposed investment of $7.5 billion to support a new battery hub developed in partnership with Samsung SDI and Stellantis. This initiative is part of the Biden administration's broader commitment to advancing clean energy solutions and reducing reliance on fossil fuels.

South Africa's Car Exports Suffer Due to New EU Emission Regulations

2 months ago

The South African automotive industry is facing significant challenges as exports to the European Union have dramatically declined, primarily influenced by the introduction of stricter emission regulations. These new rules, aimed at reducing carbon emissions from vehicles, have particularly impacted the nation’s car manufacturers, leading to a notable reduction in overseas sales.