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Supplementing India’s fast-growing manufacturing sector across industries, the 14th edition of the International Exhibition and Conference on Minerals, Metals, Metallurgy & Materials (MMMM) will be held at India International Convention & Expo Centre – IICC, Yashobhoomi, New Delhi from 27 – 29 Sep 2024. This trade fair will provide an excellent opportunity for interacting with luminaries from practically all corners of the globe, promoting business and giving a fillip to the growth & development of Minerals, Metals, Metallurgy, and Materials sectors in the country through joint ventures, bulk deals, alliances, investments and technology transfer. MMMM 2024 will feature dedicated country pavilions from China, European Countries, and Russia.

The event will feature six major components: HTF for Advanced Hand Tools, Power Tools, and Fasteners; CWE for Advanced Cutting and Welding Equipment & Technology, including Laser Technology; IMEX for the Latest Machine Tools (CNC, Laser, Shot Blasting, Measuring & Testing Equipment, and more); UMEX for Economical Pre-owned Machinery in the Industry; TECHINDIA for Engineering and Manufacturing (Pumps, Valves, Compressors, and more) alongwith MMMM, the largest and most prestigious event on Minerals, Metals, Metallurgy & Materials. The amalgam of these expos makes it an extended platform for metal, engineering, manufacturing, and machine tools segments and showcases the strength and innovations of the Indian & international manufacturing and technology sector.

The combined events have consistently received global recognition and have been acknowledged as the premier international business platform in India featuring more than 300 exhibitors from over 10 countries and attracting 12000+ buyers from the south Asian region. The event is organized in association with the Indian Institute of Metals – Delhi Chapter and with the active support from World Metal Forum (WMF).

MMMM 2024 is supported by the Ministries of Steel, Coal, Electronic & Information Technology, Commerce & Industry, Government of India and honored to have the Hon’ble Minister of Steel, Government of India, invited to formally inaugurate the event, alongside the Secretary of the Ministry of Steel and leaders from the steel and allied industries.

Says Gagan Sahni, Director, Hyve India P Ltd, “MMMM 2024 showcases latest advancements and technological developments in the field of Minerals, Metals, Metallurgy and Materials Industry and also offers unparalleled business networking opportunities to trade visitors to explore availability of raw materials, alternate suppliers of machinery, equipment and spares. Each edition has been adding value to its profile and has been creating new standards in terms of visitor turnout and the volume of business transactions.”

This unique platform also includes an International Open Seminar on “Green Steel Production: Sustainable Practices and Carbon Reduction” by Metalogic and WMF, an International Conference on “Process & Product Innovations in Metal Production” by Indian Institute of Metals – Delhi Chapter, Business Meets on “Latest Technology for Manufacturing & Maintenance Industries” by WMF, a Secondary Steel Industry Meet under the World Metal Forum, an Exclusive Metal Manufacturers Networking Pavilion, and over 10 Dealers & Distributor meets.

Hyderabad, August 12th, 2024…. Hyderabad International Trade Expositions Ltd (HITEX) will be organizing three expos HIMTEX, IPEC, and ECO Sustain Expo simultaneously from August 16 to 19 at Hitex, Madhapur in the city.

The three expos are the 8th edition of the Hyderabad International Machine Tool & Engineering Expo (HIMTEX). It will be run concurrently with the India Process Expo & Conference (IPEC) and the Eco Sustain Expo from August 16th to 18th, 2024. These events provide a platform for showcasing the latest innovations and developments in the manufacturing sector, offering opportunities for networking, collaboration, and growth.

The three significant expos—HIMTEX, IPEC, and Eco Sustain Expo—cater to the diverse needs of a manufacturer. HIMTEX focuses on machine tools, considered the backbone of manufacturing; IPEC emphasizes innovation and process trends; while Eco Sustain Expo centres on sustainable practices added Srikanth TG, Business Head of HITEX.

HIMTEX 2024 is fuelling supply chain efficiency and industrial growth across the youngest Indian state Telangana, Srikanth T G said.

The Hyderabad International Machine Tool and Engineering Expo (HIMTEX) is a prominent event that showcases the latest advancements in machine tools, engineering equipment, and manufacturing technology. Spread over 10,500 square meters, it will feature 225 exhibitors from across 14 states in India.

Strong participation from the robotics, 3D printing, and automation sectors it will have exhibitors such as Suresh Indu Lasers Pvt Ltd, KTM Technology & Innovations (India) Pvt. Ltd, Bharat Fritz Werner, Carl Zeiss India (Bangalore) Pvt. Ltd, Kitagawa India Private Limited, Global CNC Private Limited, Mitutoyo South Asia Pvt Ltd etc.

Machine tool manufacturers from Rajkot, Gujarat supported by (MTMA – Machine Tool Manufacturers Association – Rajkot) and Ludhiana, Punjab (LMTMA – Ludhiana Machine Tool Manufacturers Association) and other associations, it is expecting a lot of group participation.

International companies from countries including the USA, Germany, Italy, South Korea, China, Israel, Switzerland, Taiwan, Turkey, and Spain will participate through their Indian dealers and distributors, Srikanth added

Eco Sustain Expo dedicated to promoting sustainable manufacturing practices and eco-friendly technologies will have participants from 8 states. Some leading companies such as Satyajit Renewable Engineering Pvt. Ltd, Gattuwala Energy Solutions Pvt Ltd, Proveg Engineering & Food Processing Pvt Ltd, ASTRAL LIMITED, Jay Khodiyar Machine Tools, Spantech Engineers Pvt Ltd, AXIS Solar Systems, Akash Blowers Pvt Ltd, KEP ENGINEERING Services Pvt Ltd and Southern Ecologics & Services Pvt. Ltd will participate

The exhibition will have a wide array of products, equipment displayed such as solid Waste Technologies, Effluent treatment technologies, cutting-edge air pollution control strategies, and innovative recycling solutions. Along with the display of the equipment, a Technical Conference will be held on Innovations and Strategies in Waste Management – Solid waste, Effluent treatment, Air pollution and Recycling techniques. There will be curated buyer and seller meetings. It will also have an exclusive area to showcase cutting-edge innovations in solid waste management, effluent and water treatment, and bio-waste recycling technologies.

The third expo is the India Process Expo and Conference (IPEC) will be about the process industry, encompassing sectors such as chemical, pharmaceutical, food and beverage, oil and gas, and water treatment. Companies such as Zen Adsorptions Pvt. Ltd, Speciality Products and Services (India) LLP, Protech Engineers, C.R.I Pumps Private Limited, Lubi Industries LLP, Graphite India Limited, Viral Enterprise, Mangalam Worldwide Ltd, Pneucon Automation Pvt. Ltd and Mech Engineering will be participating from ten states from across India.

A Technical Conference will be along with the expo on advancements and innovations in Process Engineering and some key topics are Chemical and Process Engineering in the Manufacturing Sector, Scope and Importance of Robotics and Automation in the Process Industry, Energy Efficiency in Pharma Manufacturing and Guidelines for Selecting Proper Graphite Equipment. A buyers and sellers meeting is also lined up along with the expo.

QINGZHOU, China, July 8, 2024 — Recently, in Qingzhou, Weifang, Shandong, Lvsenglan Industry Flower Science and Technology Co., Ltd., which has adopted tiered electricity pricing for agricultural production, projects that its electricity costs will decrease by approximately 10% this year. This reflects the proactive efforts by the State Grid Qingzhou Power Supply Company to foster environments that are livable, conducive to business, and aesthetically pleasing.

The enhancement of policies has led to dual reductions in “electricity usage + connection” costs. The province pioneered the implementation of the tiered electricity pricing policy for agricultural production, promoting the policy through customer service centers and in-home visits, enabling agricultural clients to benefit from the policy and reduce electricity costs. Focusing on the energy needs of Qingzhou’s flower cultivation, the “three zeroes” service investment policy for small and micro enterprises was executed. This policy facilitates “one-time investment” for regional “zero-cost” clients, accumulating a total savings of 1.8016 million yuan in electric power investments for small and micro businesses.

Technological empowerment has enhanced both “safety + income” levels. Adapting to the rapid development trend of distributed photovoltaics, the integration of 5G technology has facilitated the construction of a “multi-in-one terminal + secure private network,” achieving comprehensive perception and flexible control over all scenarios of distributed photovoltaics. This has enhanced the carrying capacity and stability of the power grid, significantly boosted the benefits of customers’ photovoltaic power generation, and created a win-win situation for both “grid security and customer benefits.”

Service transformation has achieved the dual integration of “grid + village” management. Cooperation agreements for “joint village-grid construction” have been signed with 12 townships and villages, with electricity convenience service points covering all townships and power supply stations. The innovative application of “one code access” for electric services allows customers to handle transactions and report electrical hazards seamlessly. To date, over 186 electricity-related transactions have been handled by scanning QR codes, and more than 36 electrical safety hazards have been resolved, enhancing customer service satisfaction rates to 99.5%.

LANZHOU, China, July 1, 2024 — Sheraton Hotels & Resorts, part of Marriott Bonvoy’s global portfolio of more than 30 hotel brands, today announced the opening of Sheraton Lanzhou Anning in Lanzhou of Gansu province. The opening also marks the 100th Sheraton Hotel in Greater China, where the brand made its market debut 50 years ago. Located in the heart of Lanzhou’s Anning District, the new hotel draws on the brand’s roots as a gathering place for both locals and guests in communities around the world, which continues to evolve through Sheraton’s new design vision of creating intuitive and holistic experiences through spaces to connect, be productive, and enjoy a sense of belonging.

From left to right: Hotel Exterior, Lobby and Deluxe Room

“We are delighted to welcome the 100th hotel for Sheraton brand in China in Lanzhou of Gansu province. said Betty Tian, Vice President, Marketing, Communications, Premium & Select Brands, Greater China, ” Throughout the 87-year brand development globally, Sheraton has been committed to innovation, establishing the industry’s first computerized central reservation system in 1958. With the opening of the Sheraton Sanya Resort in 2003, the concept of leisure destination resorts was introduced to China. Over the past 50 years of development with China’s tourism industry, Sheraton has become a symbol of premium hotel brand in the country. The brand’s new vision of transformation journey that began in 2018 aims to introduce the brand spirit of ‘The World’s Gathering Place’ to more travel destinations favored by guests. In the future, we will continue to focus on guests, innovate, and enhance the vitality of the brand.”

Sheraton Lanzhou Anning marks the debut of the Sheraton brand in Lanzhou of Gansu province. The new hotel provides a scenic setting on the bank of the Yellow River and near Lanzhou’s bustling industrial and educational center, the Anning District. The new hotel boasts a prime location with convenient transportation access. It ‘s approximately 55 kilometers from Lanzhou Zhongchuan International Airport and about 6 kilometers from Lanzhou West Railway Station. Guests can easily visit historical and cultural attractions such as the Gansu Provincial Museum and the Zhongshan Bridge during their stay.

A Modern-Day Community Hub

At the heart of the new experience at Sheraton Lanzhou Anning is the lobby, which was designed as a holistic and open space that invites people to connect or be alone amongst others, creating a sense of energy and belonging. A destination steeped in heritage and history, the property called upon The Yellow River culture, Silk Road culture, and ecological culture as sources of inspiration for its interior design. For example, the lobby’s background wall draws inspiration from the undulating hills of the Silk Road, using modern abstract techniques and metallic materials to depict the charm of the Lanzhou Silk Road Desert.

As iconic public spaces of the Sheraton brand’s transformed design, the Community Table, The Booths, and The Studios are focal points in the lobby. The brand’s signature Community Table is an inviting, purpose-built workspace that anchors the hotel’s lobby and allow guests to work, eat and drink while soaking up the energy of the space. Guests can also retreat in Sheraton’s signature The Booths, a quiet space that offers privacy without breaking the flow. The Studios, located in the lobby of the hotel, provide flexible event spaces to meet guests’ needs and a relaxed atmosphere that can foster communication and collaboration with team members.

New Elevated Food & Beverage Experience

The hotel showcases the distinctively local culinary scene with three restaurants and a specialty café concept, and a cozy bar. Sheraton Lanzhou Anning’s new elevated food & beverage features &More by Sheraton, transitioning guests seamlessly from day to night with creative, convenient and flexible culinary & beverage options. Daily Social features gourmet buffets and a la carte menus with an impressive selection of international and regional favorites. YUE, Sheraton’s signature Chinese restaurant, creatively combines Cantonese cuisine with seafood and offers a unique culinary experience with 24 private dining rooms. Additional culinary and beverage offerings include Soo Noodles, where guests can savor authentic Lanzhou noodles of different flavors along with local snacks and Unspoken, an intimate bar serving creative cocktails and fine wines from all around the world.

Guest Rooms & Club Lounges that Champion Productivity

The Sheraton Lanzhou Anning features 354 modern and stylish guest rooms and suites, ranging from 42-square meters to 190-square meters. Floor-to-ceiling windows welcome natural light into each room, while soft finishes and light wood tones complement each other to create a warm and elegant feeling of home. Additionally, all guest rooms are equipped with convenient office desks and chairs, integrated chargers, and multi-level intelligent lighting systems. The bathrooms are designed with modern walk-in showers and bath amenities by Gilchrist & Soames.

Sheraton Club, an exclusive space for Marriott Bonvoy Elite members and guests staying at Executive Floor, offers an elevated experience in which guests are uplifted through meaningful productivity and a connection to the environment. Guests will find curated food and beverage offerings, premium amenities, enhanced connectivity, and a private atmosphere for working and relaxing.

The Art of Gatherings and Leisure Experiences

Sheraton Lanzhou Anning offers 1,900 square meters of banquet and meeting space. The 1,200-square-meter pillarless Grand Ballroom is 8 meters in height, which can accommodate up to 1,000 guests and is equipped with a 108-square-meter embedded HD LED screen. The hotel also offers five versatile meeting rooms ranging from 30 to 60 square meters. Sheraton Fitness that is completed with advanced aerobic exercise equipment, as well as an indoor heated Swimming Pool.

“We are very proud of this milestone opening and feel that Sheraton Lanzhou Anning is perfectly primed to represent Sheraton Hotels’ existing legacy and bright future as the 100th property in Greater China.” said Peng Sun, General Manager, Sheraton Lanzhou Anning. ” The hotel will provide an ideal gathering place for guests from around the world in Lanzhou with the features and experiences of Sheraton’s transformation, diverse dining options, and signature services.”

Gold is trading at record high prices around $2200 (~Rs 66000) on strong demand from China, as Chinese investors are hedging against potential economic instability amid the commercial real estate crisis in their country. Moreover, lower growth concerns in other economies around the world is also supporting the prices. There are several other reasons why gold prices have increased in the United States. Some investors are trying to hedge against the possibility of higher-than-expected inflation, realign their portfolios after the stock market boom, and protect themselves from geopolitical instability. Concerns about wars between Russia and Ukraine and Israel and Hamas, as well as the upcoming presidential election in November, are among the concerns that investors have. As gold prices have run up too fast in the last week, we could see a bit of correction and retracement up to $2155 (~Rs 65000) and $2125 (~Rs 64400).

February 15, 2024: Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth, according to Shell’s LNG Outlook 2024.

Global trade in LNG reached 404 million tonnes in 2023, up from 397 million tonnes in 2022, with tight supplies of LNG constraining growth while maintaining prices and price volatility above historic averages. Demand for natural gas has already peaked in some regions but continues to rise globally, with LNG demand expected to reach around 625-685 million tonnes a year in 2040, according to the latest industry estimates.

“China is likely to dominate LNG demand growth this decade as its industry seeks to cut carbon emissions by switching from coal to gas,” said Steve Hill, Executive Vice President for Shell Energy. “With China’s coal-based steel sector accounting for more emissions than the total emissions of the UK, Germany and Turkey combined, gas has an essential role to play in tackling one of the world’s biggest sources of carbon emissions and local air pollution.”

Over the following decade, declining domestic gas production in parts of South Asia and South-east Asia could drive a surge in demand for LNG as these economies increasingly need fuel for gas-fired power plants or industry. However, countries in South Asia and South-east Asia would need significant investments in gas import infrastructure.

The Shell LNG Outlook 2024 shows that gas complements wind and solar power in countries with high levels of renewables in their power generation mix, providing short-term flexibility and long-term security of supply.

European energy security

LNG continued to play a vital role in European energy security in 2023, following a slump in Russian pipeline exports to Europe in 2022, with new regasification facilities helping to improve security of energy supplies. European LNG imports remained at similar levels to 2022, despite an overall decline in European gas demand in 2023.

Relatively mild winter temperatures in countries that rely on gas for heating, combined with high gas storage levels, stronger nuclear power generation and a modest economic recovery in China, all helped balance the global gas market in 2023.

This helped bring down and stabilise gas prices in the key importing regions of Europe and East Asia compared to the record highs and unprecedented volatility seen from late 2021 through 2022. However, gas prices and volatility remained significantly higher in 2023 than in the 2017-2020 period.

Despite a well-supplied global market in 2023, the lack of Russian pipeline gas supply to Europe and a limited amount of LNG supply growth over the last year mean that the global gas market remains structurally tight.