Mulk International, a division of United Arab Emirates (UAE)-based Mulk Holdings International, and Marses have formed a joint venture (JV) called Mulk Marses Robotics. The new entity aims to shift construction from traditional manual methods to automated manufacturing, according to a release posted on Zawya. Mulk Marses Robotics chair Adnan Ul Mulk said: “This joint venture represents a monumental shift in our vision for the future of construction. “For too long, the industry has been held back by tr ...

Group 1: Industry Overview - Africa is expected to contribute approximately 12% of global liquid storage capacity additions by 2030, driven by population growth, industrialization, and economic development [1] - The region is significantly investing in storage facilities to enhance energy security and manage oil supply fluctuations [1] Group 2: Uganda's Capacity Additions - Uganda is projected to lead in liquid storage capacity additions in Africa, with the Buloba terminal expected to have a capacity of 25.2 million barrels (mbbl) [2] - The Buloba terminal is strategically located in the Wakiso district to ensure a consistent supply to the Kampala market and other major consumption centers [2] - The Uganda National Oil Company operates the Buloba terminal and holds a majority equity stake of 51% in the project [2] Group 3: Nigeria's Capacity Additions - Nigeria is anticipated to follow Uganda in liquid storage capacity additions, with Lagos expected to add 6.3 mbbl by 2030 through expansion [3] - The Dangote Oil Refinery is the operator and total equity owner of the Lagos terminal, which focuses on crude oil and petroleum products [3] - Other significant projects in Nigeria include Eghudu, Koko I, and Kula, which will also contribute to liquid storage capacity during the outlook period [3] Group 4: Ghana's Capacity Additions - Ghana ranks third in liquid storage capacity additions, with nearly 19.4 mbbl expected to be added by 2030 through new-build projects [4] - The Jomoro terminal is a key project in Ghana, expected to commence operations in 2028 and is part of the Petroleum Hub Project aimed at economic transformation [4] - Petroleum Hub Development operates the Jomoro terminal and holds total equity in the project [4]

Core Insights - The Dominican Republic is becoming a significant player in the medical device manufacturing sector, attracting global medtech firms for nearshoring opportunities [1] - The country is seen as a solution for supply chain resilience and cost efficiency in the post-pandemic environment [1] Industry Trends - The capsule endoscopy market is expanding, with potential to surpass traditional endoscopy in the near future, although there are challenges to overcome [2] - ESG compliance is increasingly influencing partnerships within the medical device manufacturing industry, reshaping how companies collaborate [2]

Core Insights - Asia is set to lead global polyethylene (PE) capacity additions by 2030, driven by increasing demand from packaging, construction, and consumer goods sectors [1] - The region is expected to add 28.94 million tonnes per annum (mtpa) of PE production capacity from 2025 to 2030 through 47 planned and 22 announced projects [2] - China and India are the primary contributors to this capacity growth, with 14.08 mtpa and 8.44 mtpa additions, respectively [2] Regional Developments - The largest capacity addition in Asia will come from the 'Haldia Petrochemicals Balasore Polyethylene Plant' in India, which will have a capacity of 1.08 mtpa and is expected to start operations in 2030 [3] - Haldia Petrochemicals is also planning two additional plants in Tamil Nadu, each with a capacity of 0.65 mtpa [3] - Other significant projects include 'Zhejiang Petrochemical Daishan Polyethylene Plant 7' in China and 'PT Trans Pacific Petrochemical Indotama Tuban Polyethylene Plant' in Indonesia, both with a capacity of 0.70 mtpa [4] Global Context - The Middle East is projected to add 11.79 mtpa of PE capacity by 2030, primarily from 29 planned and announced projects, with 20 located in Iran [5] - North America is expected to see a capacity increase of 2.60 mtpa from three planned projects, all situated in the US [5] - Detailed analysis of global PE capacity and capital expenditure can be found in GlobalData's report on the polyethylene industry [5]

Core Insights - The 2025 Industrial Digitalization Report by Nokia and GlobalData indicates that 87% of adopters of on-premise edge and private networks achieve ROI within one year while enabling AI-driven use cases [1][9] - The report highlights significant cost savings, with 81% of industrial enterprises reporting lower setup costs and 86% experiencing reduced ongoing costs [1][9] Adoption and Impact - A total of 94% of industrial enterprises have implemented on-premise edge technology alongside private wireless, facilitating secure, low-latency connectivity and supporting AI applications in 70% of cases [3][9] - The deployment of private wireless networks has led to sustainability gains, with 94% of surveyed enterprises reporting reduced carbon emissions, and 41% achieving reductions exceeding 20% [5][9] Operational Efficiency - 71% of companies are utilizing connected worker technologies to enhance safety and efficiency, including automated alarms and AI-assisted monitoring [6] - The integration of private wireless networks has improved operational performance, contributing to enhanced worker safety and reduced environmental impact [5][11] Cybersecurity and Market Growth - Cybersecurity is a key driver for adopting industrial edge platforms, with 57% of respondents citing it as a reason for deploying private wireless networks [7] - The global private wireless network market is projected to nearly double to US$8 billion by 2027, reflecting the increasing demand for modernization in line with sustainability and efficiency goals [8]

Summary of the Automotive Outlook Webinar Industry Overview - The webinar focused on the automotive outlook for the Asia Pacific region, excluding China, with insights into the impact of US tariffs on vehicle production and sales across various countries in the region [1][2][3]. Key Points and Arguments General Market Outlook - The overall growth in the Asia Pacific region is projected at a moderate rate of 3%, primarily driven by expansions in China and India [4][5]. - Excluding China, production in the Asia Pacific is expected to remain flat compared to the previous year, with no growth anticipated in Japan and declines in Korea and ASEAN [4][5]. Impact of US Tariffs - The US tariffs are expected to significantly impact vehicle exports from Japan and Korea, with Japan's vehicle sales projected to decrease by 17-18% compared to pre-tariff forecasts [6][7]. - Cumulative production impacts in Japan are estimated at around 1.1 million units from 2025 to 2028, reducing the forecast from 8.1 million units to 7.7 million units annually for the next three years [8]. - Korea is also expected to face severe impacts, with around 300,000 units per year affected due to the tariffs, and a cumulative reduction of 1 million units in exports from 2025 to 2028 [11][12]. Country-Specific Insights - **Japan**: The market has shown resilience with a 13% sales increase in the first four months of the year, but long-term demographic issues and a shift towards electrification pose risks [19][20][21]. - **Korea**: The market is experiencing a decline in exports, with a projected 9% drop in exports this year and a further 13% next year. The production is expected to drop by 6% this year and 7% next year [16][17][18]. - **India**: The Indian automotive market is expanding, driven by high demand for SUVs and favorable agricultural conditions. Production is expected to reach around 6 million units this year [23][25][29]. - **Southeast Asia**: Thailand and Indonesia are facing significant challenges due to weak economies and high non-performing loans, leading to a decline in vehicle affordability and sales [30][33][34]. Electrification Trends - There is a rebound in Battery Electric Vehicle (BEV) sales, particularly in India, driven by government incentives and new product launches [42][45]. - Hybrid vehicle sales are booming in most markets, benefiting Japanese OEMs, while BEV sales are recovering globally but face challenges due to infrastructure issues and pricing [43][44][46]. Additional Important Insights - The automotive market in Thailand is particularly weak, with sales expected to be the lowest since 2009, largely due to a lack of credit and political instability [30][31]. - The presence of Chinese OEMs is increasing in the region, particularly in Thailand, which may impact future production and export dynamics [33][34]. - The overall production volume for Asia Pacific, excluding China, is expected to remain flat this year, with India being the only market showing expansion [41]. This summary encapsulates the key insights and projections discussed during the webinar, highlighting the challenges and opportunities within the automotive industry in the Asia Pacific region.

全球数据公司GlobalData股票在伦敦上涨26%，此前报道称该公司吸引了多家国际私募股权公司的收购 兴趣，包括KKR & Co.。 ...

Core Insights - Walmart is requesting Chinese suppliers to reduce prices by up to 10% due to tariff-related pressures, but few suppliers are willing to comply [1] - Suppliers are already operating on thin margins, and further price cuts could lead to losses, prompting some to consider sourcing from Vietnam [2] - Both Walmart and Amazon expressed caution in their first-quarter earnings due to concerns about the impact of tariffs on consumer spending [3] Industry Concerns - Retailers are nervous about policy uncertainties, particularly tariffs, which could affect costs and consumer spending [4] - A significant majority of consumers (78%) expect tariffs to increase prices, and 75% are concerned about product shortages [4] - CFOs in the retail sector are worried that higher supply costs and potential shortages will negatively impact their financial performance, with 80% expressing concern [5]