Canada ships semi-solid bitumen to China, South Africa set to become a global wind energy powerhouse and more news

Canada ships semi-solid bitumen to China, South Africa set to become a global wind energy powerhouse and more news

The last week observed a few ups and downs in diverse global industries. JSB Market Research’s new ThrowbackThursday series is a new weekly update for its readers. Now, get a closer view of the market every week!

South Africa set to become a global wind energy powerhouse

According to the latest South Africa Wind Power Analysis report, the power industries are set to adopt the dynamic market trends. South Africa launched its wind energy association called Wind SADC at Windaba wind energy conference in Cape Town.  The association will work across 16 countries to uplift their wind energy industries fostering job opportunities and economic development.

CredoLab coalesce fraud detection technology

CredoLab, Singapore’s hottest FinTech company has incorporated iovation’s device intelligence technology to lessen fraudulent credit cards and applications with alternative credit scoring in SouthEast Asia. Iovation helps to analyze next-generation digital data to identify loyal customers and fraudsters.

Pocket HRMS bags best HR software award in Asia Pacific HRM Congress

India based Pocket HRMS won the “Best HR Software” award in Asia Pacific HRM Congress 2019. It was bestowed by a panel comprising of senior officials and tech leaders for its contribution to reforming the HR ecosystem.

Canada ships semi-solid bitumen to China

Melius Energy in Calgary, Canada is the first company to have a potential customer in China for the shipment of semi-solid bitumen by train. A test shipment carries 130 barrels of bitumen. There is a large demand for bitumen in China due to its China Belt and Road project. The use of rail infrastructure for shipment can potentially ship 120,000 barrels of bitumen per day in the future.

Sun Pharma introduces the drug to treat dry eyes in the US 

Sun Pharmaceuticals, the fourth largest specialty generic pharmaceutical company in the world launches Cequa to medicate dry eye disease in the US market. It will elevate tear production in patients with dry eyes.

– Written by Supriya Khedekar

Business Writer

JSB Market Research

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