Idle Capacity News Today

In an article titled “21% VAR on End User Electricity Tariff is Retrogressive and Makes Ghana Unattractive in the Regional Electricity Market”, Dr. Apetorgbor who also doubles at the Chief Executive Officer of the Chamber of Independent Power Operators Ghana, said, a 21% VAT on electricity consumption in Ghana can be counterproductive and have countless adverse effects on the overall economy and the electricity sector of Ghana.

Argentina's giant soybean processing plants are running out of soybeans after a historic drought cut the crop in half, the head of the country's grains export chamber told Reuters, and this will leave well over two-thirds of factory capacity idle. For years, the South American country was the world's top exporter of processed soy oil and meal. "We are in a disastrous year," said Gustavo Idigoras, president of the grain exporters and crushing chamber CIARA-CEC, adding h...

The EV shift made the expression “legacy automakers” emerge. It represents all companies that established themselves with combustion engines ...