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Xybion completes acquisition of Autoscribe Informatics, to expand its Laboratory Information Management System (LIMS) business
Xybion Corporation have announced the acquisition of Autoscribe Informatics. This acquisition represents a significant strategic expansion in the company’s Laboratory Information Management System (LIMS) business globally.
Autoscribe is a globally recognised LIMS software provider headquartered in the United Kingdom, with additional operations in the United States and Australia. Autoscribe LIMS provides multi-industry domain solutions, easy to use and configure software that is currently used by over 140 customers. This acquisition aligns with Xybion’s vision of fast-tracking lab digitisation and information management SaaS solutions to simplify lab operations and speed up innovation.
Dr. Pradip K. Banerjee, CEO of Xybion, articulates, “The acquisition of Autoscribe marks a significant strategic milestone in Xybion’s expansive growth strategy. The inclusion of Autoscribe’s geographic presence, particularly in the United Kingdom, and its specialized talent pool will substantially augment the growth trajectory of Xybion’s LIMS business sector, encompassing an array of fully developed LIMS product modules across diverse global industries.”
John Boother, founder of Autoscribe, stated “I believe that Xybion
is the right home for the next phase of Autoscribe’s development. I feel that the Autoscribe employees will be highly valued and respected, and our products and technologies will be a strong foundation for LIMS business into the future as part of Xybion.”
This acquisition ushers in a strategic and transformative opportunity for Xybion, its customers, and partners creating a unique and unparalleled LIMS offering for global enterprises. This will not only help expand Xybion’s existing position in the life sciences and health systems market, but also broadens its horizon into additional sectors such as food & beverage, manufacturing, petrochemicals, radio pharmacy, biobanking, veterinary sciences, environment & water, materials & mining, among others.
Austoscribe and Xybion’s combined capabilities will help its customers with cloud enabled, modern LIMS software with embedded quality management, document management, data management, compliance, and safety modules.
With the acquisition of Autoscribe Informatics, Xybion is strategically positioned to offer exceptional value and innovation in the LIMS sector, reinforcing its commitment to excellence, innovation, and digital transformation of laboratories in these rapidly evolving industries.
“Autoscribe LIMS allows limitless configurations with no custom coding. Autoscribe and Xybion’s combined industry expertise, alongside our product and technological foundation, will be integral to driving lab digitization efforts for our customers to the next level,” stated Kamal Biswas, President and COO of Xybion.
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Virgin Atlantic’s sustainable fuel flight hailed major step forward as demand for SAF set to reach 194 million tonnes by 2050
Following the news that Virgin Atlantic has completed the first transatlantic flight using 100% sustainable jet fuels (SAF);
Caroline Midgley, Director of Biofuels and Chemicals Research at GlobalData, a leading data and analytics company, offers her view on the current status of this new technology:
“This is a major step forward for both the company and the wider industry, as Virgin joins a growing number of airlines that have committed to decarbonize aviation using low-carbon fuel. Many airlines have ambitious targets, typically looking to replace 10% of their fossil kerosene with SAF by 2030 – in line with some national mandates.
“The SAF market is a relatively new, but rapidly growing, industry. Based on the latest policy developments within Europe and the US, which represent the vast majority of the SAF market, GlobalData projects that global SAF demand is set to reach 194 million tonnes in
2050. This represents 30% of the total projected aviation fuel use in 2050.
Whether this demand can be successfully met will depend on the world’s leading government’s ability to follow through on their ambitions, and so airline targets will be a key driver of SAF volume in the near term.
“The American Society for Testing and Materials (ASTM) has approved nine technology pathways to produce SAF, with others under consideration. Hydro-processed esters and fatty acids (HEFA) fuel is by far the most developed technology, with large plants currently in operation and more in the pipeline. Alcohol-to-jet (ATJ) fuel is the second largest technology by announced capacity, which has increased significantly over the last 12 months. While hydrotreatment will remain the dominant route for SAF production in the near term, a wider range of feedstocks and technologies will be deployed moving forward.
“The International Air Transport Association (IATA), which represents the majority of the world’s airlines, has committed to making aviation carbon neutral by 2050.
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This dominance, accounting for 45% of the projects slated to commence between 2023 and 2027 in the region, is driven by the escalating demand for petroleum products.
GlobalData’s most recent report, titled “Analysis and Forecast of Crude Oil Refinery Projects by Region, Key Countries, Project Type (New Build and Expansion), Development Stage, and Cost by 2027,” reveals that out of the 81 refinery initiatives set to commence operations in India during this period, two will be groundbreaking projects, while the rest will constitute expansions of existing facilities.
Within India, 35 upcoming refinery projects are currently under construction and anticipated to begin operations between 2023 and 2027. Additionally, 32 projects are in the approval phase, while 11 are in the commissioning stage.
Bhargavi Gandham, an Oil & Gas Analyst at GlobalData, offers insights, stating, “India, as one of the foremost consumers of petroleum products, is expanding its refining capacity to effectively cater to the surging demand. Petroleum product consumption in the country has witnessed an annual growth rate of approximately 10% for the financial year ending March 2023. This heightened demand is primarily fuelled by rapid industrialisation, infrastructure development, increased vehicle sales, and overall economic expansion.”
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Among the noteworthy expansion projects expected to commence operations in India by 2027, the Vadinar CDU Expansion takes the lead with a capacity of 515 thousand barrels per day (mbd) and a targeted operational date in 2024. Nayara Energy Ltd is overseeing the project, with Rosneft Oil Co and Kesani Enterprises Co Ltd sharing 49.13% equity each.
The Paradip CDU Expansion and the Panipat CDU Expansion projects follow closely with a CDU capacity of 200 mbd each. Indian Oil Corp Ltd operates and holds 100% equity in both projects.
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India is poised to take the lead in upcoming crude oil refinery ventures across Asia until 2027
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