Covestro to build its largest TPU site in China

Covestro will build its largest Thermoplastic Polyurethanes (TPU) site in Zhuhai, China. With an overall investment in the low three-digit million Euro range, it will also be the company’s largest investment in its TPU business. TPU are a highly versatile plastic material, a real multi-talent that offers a broad range of properties for a diverse set of applications like sports shoe soles, IT devices such as sweepers, smart speakers and phone cases or automotive applications.

“This investment shows our ongoing commitment to growth in our Solutions & Specialties business entities”, said Covestro CCO Sucheta Govil. “With this new plant for TPU, we want to capture the expected fast and high market growth of the TPU market globally, especially in Asia and China. The production site will be able to serve both the growing Asian markets, as well as demand in Europe and North America.”

Located in the Zhuhai Gaolan Port Economic Development Zone in Guangdong province, the new site will eventually span 45,000 square meters. It shall be completed by 2033 and is expected to achieve a production capacity of nearly 120,000 tons of TPU per year. It will be built in three phases. The mechanical completion of the first phase is estimated for the end of 2025. This will lead to a production capacity of about 30,000 tons per year and the creation of about 80 new jobs. The initial investment for this phase lies in the mid-double-digit million Euro range.

“I’m delighted to share this important news for our Business Entity. This new plant will enable us to be in close proximity to our customers and the value chains in the IT, consumer electronics, footwear, and other industries”, said Dr. Andrea Maier-Richter, Head of TPU at Covestro. “The majority of the TPU market and its growth prospects are in Asia and particularly in China. Our investment there shows our clear intention: We want to remain successful with our customers and partners in the long run.”

An innovation center will also be part of the investment, enabling researchers on-site to design customized material formulas and to do formula adjustments to meet customer demands within very short cycles. Sustainable and ever more circular solutions are among the long-term core target for these efforts. This shall also support broadening the offerings under the recently introduced, sustainable “CQ” product line. Products labeled as such consist of at least 25% alternative, non-fossil raw materials. The site will furthermore utilize the most advanced production technologies and be run on 100% green power. It will produce injection molding grades for footwear and a wide range of IT devices, as well as extrusion grades for cables, hoses and tubes or automotive applications.

Covestro to build its largest TPU site in China

Covestro

Covestro will build its largest Thermoplastic Polyurethanes (TPU) site in Zhuhai, China. With an overall investment in the low three-digit million Euro range, it will also be the company’s largest investment in its TPU business. TPU are a highly versatile plastic material, a real multi-talent that offers a broad range of properties for a diverse set of applications like sports shoe soles, IT devices such as sweepers, smart speakers and phone cases or automotive applications.

“This investment shows our ongoing commitment to growth in our Solutions & Specialties business entities”, said Covestro CCO Sucheta Govil. “With this new plant for TPU, we want to capture the expected fast and high market growth of the TPU market globally, especially in Asia and China. The production site will be able to serve both the growing Asian markets, as well as demand in Europe and North America.”

Located in the Zhuhai Gaolan Port Economic Development Zone in Guangdong province, the new site will eventually span 45,000 square meters. It shall be completed by 2033 and is expected to achieve a production capacity of nearly 120,000 tons of TPU per year. It will be built in three phases. The mechanical completion of the first phase is estimated for the end of 2025. This will lead to a production capacity of about 30,000 tons per year and the creation of about 80 new jobs. The initial investment for this phase lies in the mid-double-digit million Euro range.

“I’m delighted to share this important news for our Business Entity. This new plant will enable us to be in close proximity to our customers and the value chains in the IT, consumer electronics, footwear, and other industries”, said Dr. Andrea Maier-Richter, Head of TPU at Covestro. “The majority of the TPU market and its growth prospects are in Asia and particularly in China. Our investment there shows our clear intention: We want to remain successful with our customers and partners in the long run.”

An innovation center will also be part of the investment, enabling researchers on-site to design customized material formulas and to do formula adjustments to meet customer demands within very short cycles. Sustainable and ever more circular solutions are among the long-term core target for these efforts. This shall also support broadening the offerings under the recently introduced, sustainable “CQ” product line. Products labeled as such consist of at least 25% alternative, non-fossil raw materials. The site will furthermore utilize the most advanced production technologies and be run on 100% green power. It will produce injection molding grades for footwear and a wide range of IT devices, as well as extrusion grades for cables, hoses and tubes or automotive applications.

Air pollution leads 13444 deaths in Mumbai in the last five years

Air pollution

Mumbai- Mumbai city Air Quality Index readings, which chart the concentrations of deadly particles, have regularly breached unsafe and hazardous levels. It’s even overtaken those in New Delhi, the Indian capital that’s infamous for its grim, record-breaking toxicair. Air pollution leads to 2 million premature deaths annually across South Asia, which is home to nine of the world’s 10 most-polluted metropolises, according to Mumbai Municipal Corporation statistics, acute bronchitis, asthma and pneumonia have recorded 13,444 total deaths in the last five years. Due to sulfur dioxide in polluted air, there is a possibility of increasing diseases like heart disease, respiratory disorders, stroke, cancer, eye inflammation, headache, nitrogen dioxide can cause pneumonia, bacterial infection, heart disease and brain damage due to carbon monoxide. Due to this pollution, the level of ozone is increasing and the increasing ozone can be harmful to the human body.

Giving more information about Mumbai Air Pollution Dr. Parthiv Shah, Pulmonologist from Apex group of Hospital, Borivali said, “Air pollution has increased tremendously in Mumbai, the capital of the state. Air pollution has been reported in many places including Mumbai city, its suburbs, Navi Mumbai. On the other hand, we are experiencing strange weather such as cold in the morning and high temperature in the afternoon. Elderly, children as well as pregnant mothers are especially affected by air pollution. Moreover, comorbidities, heart disease, cancer patients, covid patients and COPD patients are at higher risk in this time. Apart from severe people, healthy people also suffer from itchy eyes, skin effects due to dry weather, etc. Complaints arise. Children, senior citizens, and asthma sufferers need to take care after pollution increases. It is important for sick persons to eat meals on time, take medicines, and have a good and protein-rich diet.”

It has been observed from the medical field that due to metro and new building works, smoke emitted from vehicles and air pollution caused by factories in industrial areas and carbon emitted due to burning of waste, air pollution has increased tremendously and respiratory disorders have also increased, and if proper treatment and care is not taken. It is predicted that death due to respiratory disorders will increase in the near future, added by Pollution Pulmonologist Dr. Parthiv Shah from Apex group of Hospital, Borivali.

According to a 2020 study by CSE ( Centre for Science and Environment) which assessed four major industrial clusters surrounding Mumbai — the Trans-Thane Creek, Taloja, Ambernath and Dombivali —the massive use of coal in the Mumbai Metropolitan Region is one of the key factors for the deteriorating air quality. According to another CSE analysis based on real-time data from the working monitoring stations, the number of bad-air days in Mumbai doubled between 2019 and 2021, while good days were down by 20 percent. Dust pollution triggered by a slew of infrastructure and housing projects, which have resumed in full vigour after the Covid lockdowns, is another contributor to Mumbai’s deteriorating air quality.

With the launch of Accreda, Keybridge Global Education lays down the marker for its Edtech 2.0 vision

Delhi, February 24, 2023: Marking a momentous development, Keybridge Global Education, an innovative education services organization, has set down the marker for its Edtech 2.0 vision with the launch of Accreda, a personalized career-building platform designed for the new-age professional. With the launch, Keybridge aims to redefine how professionals approach holistic career development through tech-enabled self-empowerment and learning that is organic, structured, continuous, and hyper-personalized to their needs.

Accreda’s launch marks an evolution in the professional education and career development space. Since the early 2000s, edtech has done stellar work in enabling better access to a wealth of tools and resources for upskilling, reskilling, and knowledge acquisition for professionals. While this has improved access and affordability, it has not delivered the expected improvement in employability outcomes for the workforce as its one-size-fits-all approach is not as effective at scale. As a result, all too often, professionals struggle to apply their new/upgraded skills to improve their job performance and career growth prospects.

Speaking on why a platform such as Accreda, Amol Dani, Co-Founder & CEO – Keybridge Global Education, said, “The current edtech approach is very product-centric instead of focusing on the learner. However, every learner’s needs and journey are different and, for effective learning, the individual has to be at the heart of the learning process. With Accreda, we see an opportunity to transform the entire career development and professional education ecosystem. It is the culmination of our Edtech 2.0 vision and will champion the shift from ad-hoc skill acquisition to holistic, tech-driven career growth enablement.”

Operating at the intersection of domain expertise, employability skills, expert career coaching, and continuous learning, Accreda leverages ‘Forever Learning and You’ (FLY), its proprietary career and professional education system designed by global heuristics experts to deliver unparalleled learning differentiation.

FLY’s four-pronged framework begins with ‘Learner Discovery’, where Accreda conducts a series of in-house assessments to analyze the individual’s employability skills, domain competencies, and job readiness. For each user, this analysis is mapped against detailed, domain-specific parameters for competency and employability to create a learner profile. This offers users with unmatched insights about their current position, with respect to the market, and areas where they need to improve.

These insights are complemented by a call-to-action, which provides personalized recommendations for the most relevant skills that need development in the context of the domain or the academic program. Developed by Accreda in collaboration with innovative universities focused on workforce development, these academic programs offer comprehensive, up-to-date, and outcome-driven learning.

Moreover, to accelerate career development, FLY facilitates guidance from career experts that have been brought on board to serve as coaches to Accreda learners. This hands-on coaching provides learners with the tools, resources, and expertise for effective career exploration, career planning, and career advancement.

“Degrees and certifications are incredibly useful in getting you a seat at the jobs table. But, by themselves, degrees cannot guarantee success. To truly be successful, professionals need to know how to apply the knowledge acquired in practice to deliver results. That is what Accreda and its proprietary FLY framework are designed to address. We are here to help our learners bridge the gap between education and employability so that, instead of merely counting their degrees, they can truly make their degrees count,” added Amol.

Amod Dani, Co-Founder & COO ( India) – Keybridge Global Education, added, “With Accreda, we are not building just another edtech solution. We are developing a personalized career building platform for professionals that aligns with our Edtech 2.0 vision of connecting learning to outcomes and results, which will be essential in addressing the ever-increasing industry-academia gap. We have partnered with domain experts, including leading academic experts, and renowned institutions to create an ecosystem where our users are empowered to explore and learn with a more effective and fulfilling learning experience. It is, essentially, a new way of building new-age careers that doesn’t just focus on securing employment but enhancing employability.”

But that is not where the differentiation ends. FLY also empowers learners to take greater control of their career growth journey by providing self-assessment tools for real-time assessment of their current skills and domain proficiency. Doing so enables Accreda learners to embark on a holistic journey of continuous, involved, and personalized learning that empowers and informs their career growth and long-term success.

“The Accreda approach is built on the Three Cs of Customisation, Continuity, and Control. We empower them to take charge of their learning and add value by introducing hyper-personalisation with FLY. In doing so, we are customizing learning to the needs, skills, and goals of the learner, and offer them a guided path to continuous learning that keeps them ahead of the curve of a dynamic workplace. We are confident that Accreda will deliver the differentiation that professionals want and desire, and become their partner of choice as they embark on a journey of lifelong learning and growth,” concluded Amod

ENGAGE – The learner’s community space of JAIN Online to host a student engagement program in Dubai

Bengaluru, 24 February 2023: JAIN Online’s student community platform “ENGAGE” will hold an engagement program in Dubai from 27th Feb to 3rd March 2023. The program’s core objective is to connect all its online learners into one close-knit community and to provide them with a unique opportunity to gain real-world skills and knowledge through practical experience.

This offline program is meant to arm them with invaluable life lessons with such practical tools as how to form a well-organized community; identify potential talent and utilize it; fulfill various business needs; and delegate and collaborate on multiple tasks.

Commenting on this program Dr. Raj Singh, Vice-Chancellor, JAIN (Deemed-to-be-University), said, “This engagement will provide our students one-of-its-kind opportunity to understand Business and Economy in Dubai – considered the business hub of Western Asia. The tour will help develop their practical skills and expand their education. This unique experience will also ensure the prospect of creating lifelong friendships and collaborating on exciting new ideas that may become unicorns.”

Together for five days, the learners will learn about the culture, history, economy, and business practices of Dubai which will establish a holistic understanding of the business world. There’s no city like this one to travel together, attend various programs of academic importance, explore fun places, and bond over international cuisines all while spending time with their fellow students.

ENGAGE, the learner’s community space of JAIN Online, is built upon the four pillars of engage, ignite, inspire, upskill & upgrade. With the core idea to connect all learners with each other, it invigorates them through various contests and fun campaigns and connects them with entrepreneurs, business owners, and industry experts to inspire. The aim of ENGAGE is to motivate them with real-life examples to hone their skills and also to reward them.

Barbeque Nation brings street food festival ‘Khao Galli Mela’ in Delhi-NCR

New Delhi, February 24, 2023: Barbeque Nation is launching a street food festival – Khoa Galli Mela that allows its esteemed customers to savour the taste of a choice of zesty, popular street food preparations that are really spicy, and crunchy, bite after bite.

The food festival will commence on 24th February 2023 till 17th March 2023 across all Barbeque Nation outlets in Delhi, Noida, Faridabad, Gurgaon, Ghaziabad, Meerut, and Kaushambhi.

On this occasion, Mr. Faiz Azim – Chief Operating Officer, Barbeque Nation Hospitality Limited, said, “We are pleased to invite our guests to relish and celebrate the food festival ― Khao Galli Mela. We would be offering popular street food dishes that are specially crafted by our chefs.”

At the Khao, Galli Mela take a trip down the street food corners of India. The curated menu for this food festival includes veg and non-veg dishes like Green Garlic Kumbh, Tandoori Paneer Tikka, Hing Mutter Kebab, Dahi Ke Kabab, Assorted Vegetables Skiver, Pudina Ananas Ke Tikka, Cheese Malai Broccoli, Crispy Corn, Cajun Spice Potato, Chicken Sheek Kebab, Malai Chicken Tikka, and Surkh Fish Tikka.

This is besides Barbeque Nation’s plethora of vegetarian and non-vegetarian spreads. For starters, non-vegetarians can indulge in the famous Mexican Chilli Garlic Fish, Hot Garlic Chicken Wings, Tandoori Tangdi, Cajun Seekh Kebab, Coastal Barbeque Prawns, and much more, while vegetarians can feast on the mouth-watering Kuti Mirch Ka Paneer Tikka, Wok Tossed Seekh Kebab, Shabnam ke Moti Mushroom, Poori Kebab, and Honey Sesame Cinnamon Pineapple, among others. The main course section for non-vegetarians includes Chicken Dum Biryani, Rajasthani Laal Maas, and Dum Ka Murgh, while vegetarians can indulge in Paneer Butter Masala, Methi Matar Malai, Dal-E-Dum, and Veg Dum Biryani. The live counters offer a variety of non-veg/veg options like Chilli Crispy Puri, Palak Chaat, Margarita Pizza, Keema Pav, and Chicken Sheek. The dessert section comprises Chocolate Brownie, Red Velvet Pastries, Angoori Gulab Jamun, Kesari Phirnee, and more. The wide range of Kulfis at the restaurant will leave the guests asking for more. These kulfis can be twisted by mixing various flavours into one and creating diverse combinations of the much-loved dessert.

Export-import tech startup, TreZix, raises USD 1.2 million in Seed Stage funding.

Export-import tech startup

Mumbai, February 24, 2023: TreZix, a unified B2B SaaS platform for export and import, has raised USD 1.2 million in seed stage funding to shape its product in the market. TreZix was launched to fill the end-to-end process technology vacuum in the export and import industry. With best-in-class features, this platform’s vision is to streamline and digitise the Export and Import process including logistics, financial management & Compliance. TreZix aspires to be the leading platform in this space.

The funding is a joint contribution of the Government of Gujarat start-up grant and investments from Soha Ventures, along with other angel investors.

Soha Ventures forays its investment portfolio in the innovation space of lab grown diamond, gems & jewelry, and disruptive new technologies for business impact. The venture is run by Chirag Limbasiya, pioneer in building new categories in the space of gems & jewelry. Sumeet Prakash, Angel Investor is Co-Founder and Director at Emarson Infotech Pvt Limited. He has been actively investing in SAAS, Fintech and Consumer Tech companies.

The backdrop of TreZix is helping its customers with a platform to scale their businesses when India is anticipated to become a 3 trillion export-import market. TreZix is establishing itself as the interface for exporters and importers by becoming tech-enabled and utilizing technology to increase business efficiency and add more profits to the bottom line.

With almost three decades of experience in the export and import industry, the founders of TreZix presented the platform’s framework to the Government of Gujarat in 2020. In 2021, the Gujarat government gave a nod to offer them the grant and helped them with customers through chambers. In January 2022, TreZix was incorporated, and the product was commercially launched in October 2022.

Sunil Kharbanda, Co-founder, and Chief Revenue Officer (CRO) at TreZix, said,” For the past two decades, my partners Haresh Calcuttawala, Shailesh Sapale and I have been a part of the ERP space. It was in 2020 we formed the framework of TreZix with an aim to offer end-to-end digital platform for importers and exporters, streamlining of document and data structure, controls, visibility, compliance, and predictability to bring ease and rapid growth to their businesses. We have started acquiring initial customers for the product and we are getting great feedback from them. We believe this reduces the cost and time taken to handle the EXIM processes.

LVPEI managed 1,00,000 preterm babies for ROP blinding eye disease

LVPEI managed

Hyderabad, 24 February 2023: L V Prasad Eye Institute (LVPEI) crossed a major milestone in preventing avoidable blindness in newborn babies by managing 1,00,000 preterm babies for Retinopathy of Prematurity (ROP) across its network centers in Telangana, Andhra Pradesh and Odisha. ROP is a blinding eye disease and an emerging epidemic of the 21st century. Babies born early (premature) or with low birth weight (less than 2 kg at birth) are at the risk of developing ROP. To mark this milestone achievement, the LVPEI team launched the unique, one-of-its-kind atlas ‘LVPEI Atlas of Retinopathy of Prematurity and other Neonatal Retinal Diseases’ – a useful guide for clinicians, researchers, healthcare personnel and policymakers.

LVPEI is the pioneer in starting ROP screening and management program in India. It was first started in 1998 in the twin cities of Hyderabad and Secunderabad and later extended to the tertiary centres of LVPEI in Bhubaneswar, Vijayawada and Visakhapatnam. Over 1,00,687 babies from across the country and neighbouring countries have been managed for ROP by providing preventative, curative and rehabilitative care. Of these, 64,000 babies have been managed at LVPEI’s Kallam Anji Reddy campus in Hyderabad, 17,000 at the Bhubaneswar campus, 9000 at the Vijayawada campus, 8000 at the Visakhapatnam campus and 9500 through the LVPEI rural secondary centres. Among those identified with ROP, 6685 babies (20,362 eyes) were safely operated, 4559 babies (10,273 eyes) received lasers, and 1510 babies (2901 eyes) received injections to manage difficult stages of ROP.

“Each treated baby can take anywhere from 1-4 hours of focused care by the team followed by months and years of follow-up care to achieve the best possible vision for these babies by the time they enter school life. Additionally, the ROP program has significantly contributed towards training over 350 healthcare professionals, including nurses from across the country, and setting up neonatal anaesthesia and care units and neonatal rehabilitation and early intervention programs for the first time within eye care hospitals in India. The learnings from the program have resulted in twenty-five scientific publications and reports on better management of ROP babies,” said Dr Subhadra Jalali, Network Director, Newborn Eye Health Alliance (NEHA), L V Prasad Eye Institute.

The launch of ‘LVPEI Atlas of Retinopathy of Prematurity and other Neonatal Retinal Diseases’ is another important milestone in the care and management of newborn babies. The atlas, supported by an educational grant from Carl Zeiss India, contains 100 ROP images of varying disease severity and in different clinical situations – entire spectrum of ROP presentations, follow-up, pre and post treatment and its natural history. “Taking fundus photographs (images of the interior surface of the eye – retina) of tiny babies is not an easy task and requires tender handling coupled with efficient technology. This atlas is a great tool for clinicians and health care professionals to better understand ROP and other neonatal eye diseases and their management,” said Dr Akash Belenje, Consultant, Anant Bajaj Retina Institute, LVPEI Prasad Eye Institute. Dr Belenje along with Mr R Ugandhar Reddy, Optometrist at LVPEI, have compiled the images for this atlas.

Witness a three-day long cultural extravaganza at Delhi’s Sunder Nursery, from 24th-26th February at Arth – A Culture Fest 2023! Book your tickets / Register now!

Arth listing note creative

24 February 2023: Arth – A Culture Fest 2023, a festival that celebrates all the aspects of Indian culture, from heritage to history and much more, is coming back on ground in the capital city of New Delhi. Scheduled to take place at the beautiful Sunder Nursery from 24th to 26th February 2023, the festival is all set to enthrall live audiences with a host of phenomenal guests, interesting panels and musical and poetry performances.

Arth’s collaboration with the Rekhta Foundation promises a bigger and better experience of cultural affairs like never before.

The event will be graced by popular and highly celebrated faces from the country, such as Honorable Union Minister for Information and Broadcasting and Youth Affairs and Sports, ANURAG SINGH THAKUR, and Honorable Cabinet Minister for the Ministry of Women and Child Development and the Minister of Minority Affairs, SMRITI IRANI.

Along with them, dignitaries like Barkha Dutt, J Sai Deepak, Kabir Bedi, Manoj Bajpayee, Prakash Raj, R Jagannathan, Sanjeev Sanyal, Smita Prakash, Vivek Agnihotri, and many more will also take the stage at Arth – A Culture Fest. Luminaries like Begum Parveen Sultana, Javed Ali, Kutle Khan, Manav Kaul, among others will be seen showcasing the best of classical performances, giving the audience a taste of priceless treasure trove of memories and experiences to take home.

Register now on BookMyShow to be a part of a ravishing experience of culture at https://www.arthlive.in/

Event: Arth – A Culture Fest 2023

Where: Sunder Nursery, New Delhi

When: 24th to 26th February 2023

Time: 12 pm onwards

Manish Agarwal and Ishank Gupta raise INR 160 cr and complete acquisition of IndiGG through a token swap

India, February 24, 2023: Manish Agarwal and Ishank Gupta, today announced a fundraise of INR 160 cr at a valuation of INR 1200 cr for their new Web3 gaming venture, Kratos Studios. The seed round was led by Accel, with participation from investors including Prosus Ventures, Courtside Ventures, Nexus Venture Partners, Nazara & others.

Kratos Studios has completed the acquisition of IndiGG through a token swap. As co-founders, Manish and Ishank are building the world’s largest Web3 gaming Decentralised Autonomous Organization (DAO) under the IndiGG brand. The funding will help them build distribution rails in emerging markets for global Web3 games. Additionally, the DAO will also invest in the most promising Web3 games across the world. Manish and Ishank will continue to work closely with Polygon’s co-founder Sandeep Nailwal and Yield Guild Games (YGG)’s co-founder Gabby Dizon towards the mission of building the largest gaming DAO in the world.

Nazara Technologies, where Manish was formerly the CEO, has also invested in this round with an intent to collaborate with IndiGG on the web3 front.

Commenting on this development, Manish Agarwal said, “We are providing the 500M+ South Asian gamers an opportunity to leverage their time and skill to become creators of digital goods on the blockchain for global games. This will enable South Asia to transform into a digital goods’ factory for the gaming world.”

Ishank Gupta said, “The IndiGG stack will partner with existing gaming micro-communities in South Asia, both on-ground and online, as sub-DAOs in the IndiGG ecosystem. These micro-communities will facilitate explosive community growth for global Web3 games.”

Subrata Mitra, Partner at Accel added, “Blockchain can fundamentally transform gaming and accelerate the growth in emerging markets. We believe that this team is the best suited to unlock this value for Gamers. We are committed to build a vibrant gaming ecosystem alongside IndiGG.”

Following the acquisition, existing INDI token holders will be swapped to new tokens at the time of Token Generation Event for the new token. Until such time, the INDI token will continue to trade on existing exchanges.