JSW Steel Italy announced the signing of an agreement with Creon Capital with the aim of developing the renewable energy, LNG, logistics and related industrial activities in the area of Piombino port. On September 15th, JSW Steel presented the Piombino 2030 Industrial Plan.
Creon Capital has signed a Memorandum of Understanding (MoU) with JSW Steel Italy Piombino S.p.a., Piombino Logistics S.p.a. and G.S.I. Lucchini S.p.a. aiming for the development of a sustainable energy industry in Italy.
The Government of Perm Krai, Creon Capital and Creon Energy Asia (both companies are part of the CREON Group) signed the agreement to develop a special economic zone (SEZ) in the region. Tax preferences for companies willing to invest in own production in the SEZ will remain in force for 49 years. The special economic zone will be created at the industrial hub in Osentsy.
Russia may become a leading global producer and exporter of hydrogen by 2035. The strategy is being developed now by Russian government.
Contradictions are inevitable in politics, they drive changes, and hence capital growth opportunities for businesses. The main tenet businesspeople and investors understood at the very beginning of current crisis was Donald Trump’s statement that the final breakdown in relations with China would save the United States $500 billion a year. These were the words of the American president.
