H2 Green Steel has received €1.5 billion from a large group of international investors - the company says this is the largest European private placement of the year. The steelmaker is investing the money in the development of its large-scale hydrogen steelmaking plant in Boden, northern Sweden.
Artificial intelligence and data analysis are currently the two top technologies for German start-ups. According to a survey by the digital association Bitkom, 53 percent of start-ups use big data and data analytics, 49 percent use artificial intelligence.
The German Technical and Scientific Association for Gas and Water (DVGW) recently published a new draft of Code of Practice W 332. It deals with the selection, installation and operation of shut-off valves in water distribution systems.
The actuator manufacturers ARIS Stellantriebe GmbH from Germany and KINETROL from Great Britain have recently concluded a cooperation agreement. Both companies want to expand their worldwide sales in the future.