TOKYO—Honda Motor said on Thursday that two of its domestic manufacturing sites will operate at 90 percent of capacity until early March due to a shortage of semiconductors. Honda’s Saitama factory and two production lines at its Suzuka plant will see their production capacity cut by about 10 percent at least until early March, hit…
Italy’s Serie A Stadiums Reduced to Max 5,000 Capacity to Curb COVID-19
ROME—The 20 clubs in Italy’s top soccer league Serie A voted on Saturday to reduce stadium capacity to a maximum 5,000 for two rounds of fixtures in January, in a bid to help fight the country’s rising COVID-19 cases. Two club officials attending a remote meeting confirmed to Reuters that the new restrictions will be…
Amazon Bulks Up Shipping Capacity to Battle Holiday Season Snarls
October 25, 2021
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Amazon.com Inc. said on Monday it had doubled its container processing capacity and secured more shipping storage from ocean freight carriers to try to overcome supply chain bottlenecks in time for the holiday shopping season. The stop-and-start nature of the COVID-19 pandemic has snarled global supply chains that are optimized for just-in-time movement of goods,…
TSMC Announces Chip Plant in Japan, Flags ‘Tight’ Capacity Throughout 2022
TAIPEI—Taiwan chip giant TSMC announced on Thursday plans to build a new factory in Japan to meet long-term appetite for chips and said, near-term, tight supplies will likely continue into 2022 amid booming demand during the COVID-19 pandemic. TSMC, the world’s largest contract chipmaker and a key supplier to Apple Inc., said it would set…
Electric Vehicles May Cut Global Refining Capacity Demand by Half in 2050: Rystad
September 21, 2021
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A global drive towards electrification of road transport to reduce carbon emissions may cut demand for the world’s oil refining capacity by half in 2050, consultancy Rystad Energy says. “Going forward we will be touching by 2050 somewhere very close to 90 percent of electrification,” Mukesh Sahdev, senior vice president and head of downstream at…
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