Latest news with #IETF
Yahoo
3 days ago
- Business
- Yahoo
Cumbria firm awarded £4.5 million grant from government
A CUMBRIAN manufacturing company has been awarded a government grant of almost £4.5million to try and convert waste gas at the plant into energy. Futamura Chemical UK, based in Wigton, a leading global manufacturer of sustainable cellulose films and materials that employs 270 people in the town, has been awarded a grant of £4,486,851. The money is part of a £14million project that will see the Station Road plant convert waste gas to energy. The grant will help the company to reduce carbon emissions, improve efficiency and cut energy costs, support jobs in Cumbria and 'promote growth as part of the Government's wider economic plan'. Futamura, based in Wigton for over 90 years, manufactures flexible packaging films that are derived from wood-pulp, with the firm said to be 'excited' following the announcement of the grant. The company's managing director Adrian Cave said: "I don't think in my career, there has been a project that I have been more excited about. "At Futamura we are passionate about our NatureFlex and Cellophane products, and that includes ensuring we continually evolve and utilise greener manufacturing processes, to further reduce our environmental footprint. "Transformational projects such as this WSA installation invariably are expensive and have a medium to long term payback. "Companies like ours do require support financially and this IETF energy efficiency grant has resulted in this project coming to fruition. We are very grateful for this support." The cash is part of the government's Plan for Change to support low carbon projects in energy intensive industries through the Industrial Energy Transformation Fund (IETF). Markus Campbell-Savours, Member of Parliament for Penrith & Solway, welcomed the news. He said: 'I congratulate Futamura on securing this investment, one of the largest grants to be issued in this round of IETF funding. "This government is committed to helping industry reduce its energy consumption and this project will enhance the sustainability and future of this 90-year-old business. "This is a huge boost to Wigton and the hundreds of workers employed at the site."
Associated Press
05-03-2025
- Business
- Associated Press
Global Industry Partners Jointly Release Net5.5G Best Practices & Deployment Guide Whitepaper
BARCELONA, Spain, March 5, 2025 /CNW/ -- At MWC Barcelona 2025, the Broadband Development Congress (BDC), hosted by the WBBA, was a resounding success. Themed 'Smarter Broadband: Investment. Innovation. Intelligence,' the congress attracted over 200 industry leaders worldwide. Attendees exchanged views on key issues, including the Net5.5G evolution path, network technology innovation, and commercial practices. In his keynote speech at the congress, Ryan Qiu, Vice President of Huawei's Data Communication Product Line, noted that the integration of AI into carriers' strategies is gaining momentum, with Net5.5G serving as a catalyst for the in-depth convergence of networks and AI. To address this trend, Huawei has introduced AI WAN, a cutting-edge solution that comprehensively empowers IP networks in the Net5.5G era using AI. This solution enables carriers to unlock new network value across diverse scenarios, including individual, home, and enterprise settings. At the congress, global industry leaders from organizations such as the WBBA, IPv6 Forum, ITU, and IETF reached a consensus during the 'Fireside Chat: Forward-Looking Dialogue on the Evolution of Next-Gen Networks.' Net5.5G has now become an industry-wide consensus, making significant strides in areas including industry development, policy formulation, and commercial practices. The leaders called for enhanced industry collaboration and continued joint efforts to drive the commercial success of Net5.5G, thereby guiding the sustainable development of the Internet industry. The WBBA, IPv6 Forum, ITU, IETF, and NIDA have collaborated to establish a next-generation network cooperation mechanism. While the WBBA and IPv6 Forum drive industry consensus, the ITU-T explores future network needs, the IETF spearheads the formulation of network technology standards, and the NIDA defines network construction standards and facilitates technology adoption. The Global Net5.5G Pioneer Program has made steady progress. At the congress, industry leaders jointly released the latest progress of the program. To date, a number of outstanding Net5.5G pioneers have emerged globally, including 18 visionary pioneers, 2 region pioneers, and 18 business pioneers. Multiple carriers shared their experience and achievements in Net5.5G commercial deployment. As an integrated operator in Spain, MasOrange builds an efficient capacity growth, ultimate experience and intent-based automation Net5.5G converged IP network. 400GE/800GE, SRv6 + slicing meet traffic surging and automatic network scheduling requirements, and support new services such as edge computing in the future. Based on Network Digital Map, through AI empowerment, MasOrange will stride to AN L4, a new phase of intelligent evolution. In addition, the WBBA has released the Net5.5G Best Practices & Deployment Guide Whitepaper, showcasing global Net5.5G best practices and providing valuable insights and inspiration for the industry. As Net5.5G continues to evolve, the WBBA urges global industry organizations to strengthen industry cooperation and jointly drive industry innovation in technical standards, policies, and commercial practices to foster a thriving data communications ecosystem.
