Antwerp: Solvay, an international chemical Group, said that it has successfully commissioned its 1 MegaWatt (MW) industrial demonstration Fuel Cell at the SolVin plant in Lillo, Antwerp, Belgium. This Proton Exchange Membrane (PEM) Fuel Cell converts coproduced hydrogen (H2) in the plant into electricity and is now producing for weeks at a steady rate. The [...]

Competition Commission of Switzerland (COMCO) has announced opening of investigations against UBS and Credit Suisse, as well as against more than ten foreign financial institutes and other companies. COMCO cited receiving information regarding potential unlawful agreements among banks. Specifically, collusion between derivative traders might have influenced the reference rates LIBOR und TIBOR. The release says [...]