New Solid Hydrogen-on-Demand Fuel Cell from HES Energy Systems Flies ST Aerospace UAV for Record 6 Hours

A consortium of Singaporean institutions and private sector companies including HES Energy Systems, ST Aerospace, DSO National Laboratories, and the Future Systems and Technology Directorate of Singapore’s Ministry of Defense, have worked jointly to achieve a record 6 hour endurance, 300km flight on the Skyblade 360 UAV built in Singapore by ST Aerospace. Besides achieving a significant technical and performance milestone for hydrogen-on-demand enabled fuel cells, it is also the first time in the world that a fuel cell moves beyond the prototype stage and enters the standard products list of a UAV manufacturer. The Skyblade 360 UAV and its fuel cell system are currently on display on ST Engineering’s booth at the 2016 Singapore Air Show.

Olenex to Become a Full-Function Joint Venture

Archer Daniels Midland Company (NYSE: ADM) and Wilmar International Limited (SGX: F34) announced today that they have entered into an agreement whereby Olenex, their partnership to market oils and fats in Europe, will become a full-function joint venture with its own assets. As part of the agreement, ADM will transfer two sites—a specialty oils and fats facility and a palm refining plant in Hamburg, Germany—to the new joint venture. Wilmar will transfer its tropical oils processing plants in Brake, Germany and Rotterdam, the Netherlands. In addition to processing, the joint venture will also integrate raw materials sourcing, trading, and sales and marketing operations. The agreement also stipulates that refined oils and fats from ADM’s other plants in the Czech Republic, Germany, the Netherlands, Poland and the U.K. will be marketed by Olenex.