[Sino-French companies plan joint venture to build a new battery factory]On May 12, 2023, French President Emmanuel Macron stated that China Xiamen Xiamen Tungsten New Energy Materials Co., Ltd. plans to establish a battery field laboratory with the French company Orano in Dunkirk, a port city in northern France. Joint venture with an expected investment of 1.5 billion euros and the creation of 1,700 jobs. Macron pointed out that Xiamen Tungsten New Energy's joint venture with Orano is complementary to ProLogium's factory because it will be upstream in the production of batteries for electric vehicles. Edit/Ma Xue
Recently, the Megchi Irrigation Dam in Ethiopia was completed and put into use, with a total storage capacity of 185 million cubic meters, ensuring irrigation of over 17000 hectares of farmland and benefiting tens of thousands of farmers.Editor/Gao Xue
In 2026, CNOOC Chemical approved the feasibility study report for the 1.2 million tons/year natural gas to methanol project, located in Dongfang, Hainan. The project is planned to start construction in December 2027 and be put into operation in December 2029.Editor/Gao Xue