- In July 2023, Indian Oil Corporation Limited (IOCL) commenced commercial production of coal tar pitch at its Barauni refinery in Bihar. The new facility boasts a capacity of 10,000 tonnes per annum, strategically positioned to address the rising demand for coal tar pitch within India. This initiative aligns with the country’s focus on enhancing domestic production capabilities and reducing reliance on imports for this essential industrial material
- In January 2021, Aluminium is poised to transform the electric vehicle (EV) sector due to its significant weight advantages. Every kilogram of aluminium used in vehicle construction reduces the overall weight by an equivalent amount, improving efficiency. Notably, a reduction of 100 kg in an electric vehicle can enhance its driving range by 10-15%. This advancement highlights aluminium's crucial role in boosting EV performance and sustainability
- In October 2021, Sichuan Longhao Flight Training Co. made a significant commitment by ordering 20 Cessna Skyhawk piston aircraft, with delivery scheduled by the end of 2022. This acquisition underscores the growing demand for pilot training resources in China, reflecting a broader trend towards enhancing aviation capabilities. The Cessna Skyhawk's reputation for reliability and efficiency positions it as an ideal choice for flight training programs
- In December 2020, The Aviation Industry Corporation of China (AVIC) launched the AC332, a versatile multi-purpose helicopter aimed at the civilian market. Designed to meet diverse operational needs, this helicopter enhances China's capabilities in various sectors, including emergency services, logistics, and tourism. The introduction of the AC332 marks a significant advancement in Chinese aviation technology, contributing to the growth and modernization of the country's aerospace industry
