Monthly Archives: February 2019

Hong Kong Cyberport signs MoU with InnoSpace (Thailand) to Strengthen Cooperation in Support of Start-ups

Hong Kong, Feb. 28, 2019 (GLOBE NEWSWIRE) — Hong Kong – 28 February 2019 – The Hong Kong Cyberport (Cyberport) and the InnoSpace (Thailand) have concluded a memorandum of understanding (MOU) to strengthen bilateral cooperation in supporting the growth of start-ups and their expansion into overseas markets. The signing ceremony was witnessed by Hong Kong Chief Executive Carrie Lam and Thai Deputy Prime Minister Somkid Jatusripitak together with other guests of honour.  It was a highlight of the “Thailand – Hong Kong Strategic Partnership” event held in Bangkok.

The MoU was signed by Cyberport Chief Executive Officer Peter Yan and Chairman of the advisory committee of InnoSpace (Thailand) Tevin Vongvanich. Under the MOU, the two parties will develop a collaborative framework of innovation and start-up development in the scope of knowledge partner between the start-up ecosystem of Thailand and Hong Kong, to encourage a regional community of entrepreneurs through people and resources exchange and the provision of services to the entrepreneurship community, in preparation for their growth into successful businesses and expansion into different markets in other parts of the world.

Mutual recognition of the importance of start-ups

“Hong Kong and Thailand mutually recognise the importance of start-ups as a new engine of economic growth and development. Both Hong Kong and Thailand have been developing support programs and mechanisms to promote and facilitate innovation and start-ups. The MoU marks a major milestone in the bilateral cooperation in start-ups support and provides an extended network to assist start-ups of both regions in expanding their business along the Belt and Road and beyond,” Dr. George Lam, Chairman of Cyberport said.

“Cyberport has an Innovation and Technology community of over 1,200 companies.  We will facilitate InnoSpace start-ups to develop further by integrating them into our community.  As a member of Cyberport community, InnoSpace startups can enjoy services of and access to our Cyberport Investor Network, Enterprise Network and Technology Network.  They may also collaborate with local and international business partners to develop new opportunities.  Cyberport can springboard them to enter Hong Kong, Mainland China and the Greater Bay Area markets,” Peter Yan, CEO of Cyberport said.

Yan added, “We will work with InnoSpace (Thailand) to facilitate Hong Kong start-ups and tech companies to expand their business to Thailand and other ASEAN markets.”

In the panel discussion session after the signing of the MOU, Peter Yan shared his insights on creating an entrepreneur-conducive environment and cultivating talents in innovation as the key investment in a technology-driven economy. In addition, six start-ups from the Cyberport community eyeing the Thai market showcased their innovative solutions and business model in the event.

Cyberport incubatees Category Company website
Snapask EduTech http://snapask.co
Find Solution AI EduTech http://www.findsolutionai.com
Origami Labs Smart Living http://orii.io/
Vyond

(Formerly GoAnimate)

Smart Business https://www.vyond.com/
AVA FinTech http://www.ava.fund/
OneDegree FinTech http://www.inonedegree.com/

Cyberport is a wholly owned company of the Hong Kong government and an innovative digital technology community housing over 1,200 start-ups and tech companies. It has established the largest FinTech community in Hong Kong and aims to become a digital tech hub. It fosters five digital technology clusters crucial to creating key economic drivers, including FinTech, AI/big data, esports/digital entertainment, smart living, and blockchain solutions.

InnoSpace (Thailand) is a public-private joint venture to serve as a national platform supporting new start-ups. The company is expected to be the center of Thai start-up development with the objective of increasing their competitiveness and helping them expand into foreign markets. It provides state-of-the-art technologies and equipment for start-ups as well as expert advice.

About Cyberport
Cyberport is an innovative digital community with over 1,200 technology companies. It is managed by Hong Kong Cyberport Management Company Limited, which is wholly owned by the Hong Kong SAR Government. With the vision to become a main force in developing the digital tech industry as a key economic driver of Hong Kong, Cyberport is committed to nurturing youth, start-ups and entrepreneurs to grow in the digital industry by connecting them to strategic partners and investors, driving collaboration with local and international business partners to create new opportunities, and accelerating digital adoption amongst corporates and SMEs.

Cyberport focuses on building five key clusters of digital tech, namely E-sports/digital entertainment, FinTech, AI/big data, smart city/smart living, and blockchain solutions, to foster the development of Hong Kong into a “Smart City”. With a committed team of professionals providing all rounded value added services to support our digital community and an array of state-of-the-art tech facilities, Cyberport is the flagship for Hong Kong’s digital tech industry.

For more information, please visit www.cyberport.hk

Attachments

Hong Kong Cyberport
media@cyberport.hk

Johnson Matthey and Lithium Werks sign long-term LFP battery materials supply agreement

HENGELO, The Netherlands, Feb. 28, 2019 (GLOBE NEWSWIRE) — Johnson Matthey (JM), a global leader in science that makes the world cleaner and healthier, has entered into a long-term battery materials supply agreement with energy storage and battery company Lithium Werks.

Under the agreement, which will start 1 April 2019 and run for five years, JM will supply its lithium iron phosphate (LFP) battery cathode material manufactured at its facility in Changzhou, China.

The cathode material is a key component in battery cells produced by Lithium Werks, for a range of applications, including material handling, large motive, maritime and energy storage.

Through incorporating JM’s advanced LFP technology into Lithium Werks’ batteries, both companies are excited to work together to support the growing demand from industry and consumers for higher performing energy storage technologies.

Commenting on the agreement, Alan Nelson, Chief Technology Officer and Chief Executive of JM’s Battery Materials business said: “We are pleased to enter into this agreement with Lithium Werks to supply our LFP.  We look forward to developing our relationship further as JM continues to execute its strategy of break out growth in battery materials.”

Commenting on the agreement, T. Joseph Fisher III, Chief Executive Officer, Lithium Werks said: “Having a secure long-term supply of cathode material from a solid supplier such as Johnson Matthey will provide additional certainty to our customers, and enable the transition to clean and sustainable renewable energy.”

About Johnson Matthey
Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers’ products. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 14,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us. For more information, visit www.matthey.com.

Inspiring science, enhancing life

For more information please contact: 
Rebecca Williams at Johnson Matthey
+44 (0) 20 7269 8400
jmpr@matthey.com

About Lithium Werks
Lithium Werks is a fast-growing global lithium-ion battery company, headquartered in Hengelo, the Netherlands, with production facilities in China and offices and warehousing facilities in the Netherlands, the US, the UK and Norway. Lithium Werks provides cells, modules and energy management systems for material handling, large motive, maritime and energy storage.

Media.Relations@LithiumWerks.com
Jorn Madslien +44 (0)28 9084 5411

Investor.Relations@LithiumWerks.com
Bart Morselt +31 (0) 74 820 0010

Diesel Technology Forum Statement Regarding the ICCT and CCAC Air Pollution Study

Research Validates the Benefits of New-Technology Diesel Engines

WASHINGTON, D.C., Feb. 27, 2019 (GLOBE NEWSWIRE) — The Diesel Technology Forum issued the following statement regarding a new report from the International Council on Clean Transportation (ICCT) and the Climate and Clean Air Coalition (CCAC) estimating health outcomes from transportation sources of emissions in urban areas around the globe.

From Allen Schaeffer, executive director of the Diesel Technology Forum:

There are legitimate questions with the many underlying and inter-related assumptions, models and numerous estimates that form the basis of the conclusions of the ICCT/CCAC report on air pollution-related health impacts of the transportation sector – particularly, the ability and precision to draw sharp and specific conclusions that isolate and assign specific health-impact outcomes to specific sectors, equipment and emissions types across multiple continents. The report includes no observational data, actual emissions measurements or vehicle testing results to validate its various assumptions.

Air always exists in a state of complex mixtures, influenced by many factors and sources including local meteorology, industrial sources, and of course transportation related sources, the focus of this report.  At any given moment in time, the chemical and physical interaction of multi-pollutant mixtures from all sources, indoors and outdoors, coupled with meteorological conditions determine local and individual air quality environments; discrete emissions sources never exist in an individual state except in a controlled laboratory setting.

Aspects of this report affirm the obvious: that more developed economies account for larger portions of the global population, have higher levels of industrial activity and higher levels of emissions. It also recognizes the substantial role of diesel power in the global economy, and the substantial positive impacts of cleaner fuels and new generations of technology have had in those countries where it has been adopted and embraced.

Diesel is a technology of continous improvement, with each generation lower in emissions than the previous generation.

Tremendous progress has been made in virtually eliminating criteria emissions and fine particulates from today’s generation of diesel engines across the board, from passenger vehicles to the largest commercial truck engines to the largest marine and rail engines. Modern diesel technologies of all kinds also deliver substantial reductions in greenhouse gas emissions, while preserving their superior fuel efficiency and performance characteristics. Near-zero particulate matter (PM) and nitrogen oxides (NOx) emissions performance is achieved thanks to the use active selective catalytic reduction (SCR) systems utilizing Diesel Exhaust Fluid (DEF) as a catalyst and diesel particulate filters. With such technology, NOx emissions can be reduced by up to 90 percent while simultaneously reducing hydrocarbon and carbon monoxide emissions by 50 to 90 percent, and PM emissions by well over 90 percent.

We recognize the efforts of the ICCT and CCAC to urge developing countries to adopt cleaner fuel standards that are the foundation for more stringent tailpipe standards. Measures encouraging the introduction of new clean technologies benefit not only the local environment and public health but also local economies through gains in productivity and economic well being and quality of life.

Requiring the use of ultra low sulfur diesel fuel (ULSD) – fuel that contains a maximum sulfur content of 15 parts per million (ppm) or less – is a necessary element of improving air quality on a global scale. Use of ULSD fuel immediately cuts soot emissions from all diesel vehicles and equipment using it by 10 percent. According to ICCT, the world is making steady progress as more developing economies are adopting ULSD fuel standards. In just three years – by 2021 – ICCT anticipates that 81 percent of the global diesel fuel supply will be ULSD. This shift to cleaner diesel fuel is the foundation for being able to achieve the full emissions-reductions benefits of the emissions control systems now standard in most applications of advanced diesel technology.

The greatest benefits can be achieved through the introduction of new-technology diesel engines that achieve near-zero levels of emissions. These are the standard technology today in the United States and Europe.

The clean air benefits of these new-technology diesel engines are striking. According to the Diesel Technology Forum’s most recent analysis of 2017 U.S. heavy-duty vehicles in operation data provided by IHS Markit, the introduction of the newest generation of heavy-duty commercial vehicles in the United States that meet the near-zero fine particle emission standard established for model year 2007 have eliminated 1.5 million tonnes of particulate matter, an amount equivalent to the emissions from all light-duty vehicles in the United States for 13 years.

The Health Effects Institute (www.healtheffects.org) Advanced Collaborative Emissions Study (ACES) reports the effectiveness of diesel particulate filters in reducing particulate matter emissions as more than 90 percent and of selective catalytic reduction systems in reducing smog-forming nitrogen oxide (NOx) emissions by 94 percent. The study showed that the aftertreatment technologies used in modern diesel engines – technologies meeting U.S. 2007/2010, Euro VI/6, China 6, and Bharat Stage VI (India) standards – deliver dramatic improvements in emissions. Researchers noted that “the overall toxicity of exhaust from modern diesel engines is significantly decreased compared with the toxicity of emissions from traditional-technology diesel engines.”

Though not mentioned in the ICCT/CCAC report, the use of renewable biodiesel fuels can also contribute to reduction in emissions. Lifecycle analysis completed by Argonne National Laboratory found that emissions for 100 percent biodiesel (B100) are 74 percent lower than those from petroleum diesel. Recently, the California Air Resources Board reported similar values for its lifecycle analysis of biodiesel from various sources.

Upgrading and replacement programs for diesel engines – noted in the ICCT/CCAC report – are proven to have a beneficial impact in reducing mobile source emissions and related benefits. For example, since its inception, in the United States, the Diesel Emission Reduction Act (DERA) has replaced over 73,000 engines, vehicles and equipment primarily with newer generations of clean diesel technology. For every $1 in grant funding provided, this federal program has delivered $13 in health benefits.

For more on advanced diesel technology and how it contributes to air quality improvements around the globe, visit:

About The Diesel Technology Forum

The Diesel Technology Forum is a non-profit organization dedicated to raising awareness about the importance of diesel engines, fuel and technology. Forum members are leaders in clean diesel technology and represent the three key elements of the modern clean-diesel system: advanced engines, vehicles and equipment, cleaner diesel fuel and emissions-control systems. For more information, visit http://www.dieselforum.org.

Connect with the Diesel Technology Forum

For the latest insights and information from the leaders in clean diesel technology, join us on Facebook, follow us on Twitter @DieselTechForum, or YouTube @DieselTechForum and connect with us on LinkedIn. Get it all by subscribing to our newsletter Diesel Direct for a weekly wrap-up of clean diesel news, policy analysis and more direct to your inbox.

Attachments

Sarah Dirndorfer
Diesel Technology Forum
301-668-7230
sdirndorfer@dieselforum.org

Modern JPOs on Jalan Sudirman Inaugurated Today

Jakarta Governor, Anies Baswedan inaugurates three modern pedestrian bridges (JPO) which are located on Jalan Jenderal Sudirman. Those are Bundaran Senayan JPO, Gelora Bung Karno (GBK) JPO, and Polda Metro Jaya JPO.

” Construction of two JPOs is now completed, while Polda Metro JPO is on finishing stage”

“Construction of two JPOs is now completed, while Polda Metro JPO is on finishing stage,” he mentioned on the location, Thursday (2/28).

According to him, those JPOs become reference for urban photographs since its design is unique and artistic, especially with its lightning that makes it more aesthetic.

“JPO and sidewalk are not only built to facilitate pedestrians and public transportation users, but also to give an interesting and memorable experience while walking on it,” he expressed.

Those JPOs are also designed to be friendly towards disabled people. Thus he wants this project to be one of government’s efforts in implementing equality for citizens.

Bina Marga Department Head, Hari Nugroho stated, his side spends Rp 53 billion to revitalize those three JPOs. Each JPOs are also equipped with lift and closed circuit television (CCTV) units.

“We are pleased to provide JPOs which are friendly for disabled people, pregnant women, elderly, and children,” he added.

Source: Berita Jakarta