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VACUUMSCHMELZE (VAC) Announces Binding Supply Agreement with General Motors (GM) to Support EV Growth

HANAU, GERMANY – Newsaktuell – 30 January 2023 – VAC announced a binding long-term supply agreement with GM for North America permanent magnet production – another major step forward to create a strong, sustainable and scalable supply chain for electric vehicles. As part of the agreement, VAC will build a facility in North America to manufacture permanent magnets for electric motors used in a broad portfolio of EVs. The new facility will use locally sourced raw materials. The binding agreement finalizes a Memorandum of Understanding VAC and GM announced in December 2021.

With 100 years of experience, VAC is a leading global developer and producer of advanced magnetic solutions. VAC is the largest producer of rare-earth NdFeB permanent magnets in the Western Hemisphere.

“The demand for rare earth permanent magnets and supporting technologies is intensifying at an unprecedented rate as the world shifts to sustainable clean energy. VAC is extremely excited to be partnering with General Motors to take this important step to ensure the realization of GM’s all-electric future”, said Dr. Alexander Barcza, VAC Vice President Permanent Magnets.

VAC is in the process of establishing a North American permanent magnet production facility to support GM for a minimum of 10 years. The finished magnets will be delivered to facilities building EV motors for GM within North America. The VAC facility is expected to start production in 2025 and create hundreds of new jobs.

“Our agreement with VAC for permanent magnet production in North America represents another major milestone in building a strong, secure, sustainable and cost-competitive supply chain to support our EV growth”, said Jeff Morrison, GM Vice President, Global Purchasing and Supply Chain.

The issuer is solely responsible for the content of this announcement.

Miss Universe Laos Donates Nearly LAK 10 Million to Hmong Women Network

Payengxa Lor spoke in a seminar with Hmong Women Network in November last year.

Payengxa Lor, Miss Universe Laos 2022 and a Finalist in the Miss Universe pageant,  has contributed almost LAK 10 million to Hmong Women Network for under privileged Hmong women.

Lao Food Producers Hope for Place on the International Stage

Lao food and beerlao.(Cr: jipnoi).

Have you ever been to the Lao Food Festival in Vientiane? This year’s Lao Food Festival was organized last week, attracting a number of domestic and international guests to taste Lao cuisine.

Laos National Assembly Approves Cabinet Reshuffle and New Appointments

Minister of Finance Mr. Bounchom Oubonpaseuth assures National Assembly that public debt is manageable (Photo: KPL)
Minister of Finance Mr. Bounchom Oubonpaseuth assures National Assembly that public debt is manageable (Photo: KPL)

The Government of Laos approved the replacement of three ministers in a surprise reshuffle.

Lao-American Chef Celebrates the Joys of Cultural Exchange, the Lao Food Festival, and Bamboo Soup

Saeng Douangdara Discusses American, Lao Cuisine
Saeng Douangdara with VoyageLA team (photo: voyagela)

Saeng Douangdara, a famous Lao-American chef spoke with The Laotian Times last week during his visit to Laos to give his thoughts on Lao and American cuisine.

Dear Reality releases EXOVERB, unlocking a new dimension of spatial perception in stereo productions

DÜSSELDORF, GERMANY – Media OutReach – 30 January 2023 – Dear Reality launches EXOVERB, a totally new reverb plugin that adds an as yet unheard three-dimensional depth and width perception to stereo productions. Blending the mix with the most natural reverb, the plugin offers 50 true-to-life acoustic scenes, relying on EXOVERB’s proprietary reverb engine with synthesized spatial multi-IRs. Incorporating the fundamentals of spatial hearing, EXOVERB enables enhanced control of the spatial distance perception, which will clean up the stereo mix, leaving more space for additional instruments.

The EXOVERB user interface

The EXOVERB user interface

EXOVERB provides 50 hand-tailored acoustic scenes in four categories (Ambiences, Rooms, Halls, and Plates), perfectly tuned for modern music production. Each preset is based on multiple synthesized impulse responses (IRs) developed with Dear Reality’s proprietary software and expertise in immersive audio. “Though spatial audio technology offers new perspectives on sound and the listener’s immersion, it is often overlooked that stereo can produce an immersive sound field with realistic depth, too – if done right,” explains Achim Fell, co-CEO of Dear Reality, adding that “with EXOVERB, we unlock this capability by applying the fundamentals of our spatial audio technology to our first pure stereo reverb plugin.”

In keeping with Dear Reality’s ease of use philosophy, EXOVERB features a straightforward user interface where the reverb can be perfectly adapted to the individual mix. An innovative triangle pad helps select the perfect blend of reverb, early reflections, and dry signals by setting the ratio of the early reflections and the late reverb on the x-axis and the level of dry and wet signals on the y-axis. Moreover, EXOVERB provides direct access to commonly used parameters such as Pre-Delay, Size, Decay, and Width, without the user having to dive into sub-menus as with many other reverb tools.

Speeds up the creative mixing process: EXOVERB’s innovative triangle pad lets you intuitively hit the sweet spot

By default, EXOVERB provides a greater sense of depth with natural spatial separation. Using the Depth parameter, the front-back space of the mix can be further adjusted, thereby increasing the perception of depth in stereo mixes.

“The perception of auditory events is inseparably linked with their position in space,” explains Felix Lau, Product Owner at Dear Reality. “The fascination for this relationship between the position of sound in space and how its position is perceived and recreated by the listener’s brain is what has brought me into spatial audio in the first place. With EXOVERB, we are now making this relation in space accessible for stereo productions.”

Furthermore, EXOVERB provides three separate EQs to shape early reflections, decay, and summed signal. Each 3-band EQ includes a low-shelf, a parametric, and a high-shelf filter to get the optimal reverb sound for the mix.

EXOVERB is available now in the Dear Reality store.

Watch the product video here.

Hashtag: #Sennheiser #DearReality #EXOVERB

The issuer is solely responsible for the content of this announcement.

About Dear Reality

Dear Reality is a leading company in the field of immersive audio controllers, best known for its binaural, Ambisonics, and multichannel encoders with totally realistic room virtualization. The company’s products are used worldwide by sound engineers, sound designers, broadcasters, and musicians. Founded in 2014 by Achim Fell and Christian Sander, Dear Reality strives to deliver high-quality, cutting-edge 3D audio software for interactive and linear audio production. Since 2019, Dear Reality has been proud to be a part of the Sennheiser Group.

Man Falls to His Death from Notorious Phou Kao Lak Mountain

Luang Prabang Emergency Rescue spent about six hours to recue the body.

A man was reported dead after falling from Phou Kao Lak in Kasi District, Vientiane Province on Saturday.

Big C and DHL Supply Chain Thailand deploys electric trucks to reduce carbon emissions

  • Both companies are striving for net zero carbon emissions by 2050 and prioritize green operations as part of their ESG agenda


BANGKOK, THAILAND – Media OutReach – 30 January 2023 – In a joint effort to drive a greener supply chain, Big C Supercenter, “The Thai Retailer with Customers at its Heart” the leading grocery retailer in Thailand, and DHL Supply Chain Thailand, the global market leader in contract logistics, have announced the deployment of electric trucks for product distribution, from the Big C Wangnoi Distribution Center to Big C branches in Bangkok as an initial stage. In the near future, other types of electric trucks are being considered for the fleet to transport Big C products to stores in various locations.

The partnership between Big C and DHL Supply Chain Thailand is centered on their mutual goal to reduce carbon footprint. This deployment of electric trucks represents yet another significant step forward in their collaborative effort to build a sustainable supply chain. The trucks are powered by 100 percent electricity.

Aswin Techajareonvikul, Chief Executive Officer and President of BJC Big C said, “BJC Big C operates business in parallel with creating a sound economy and good quality of life for the community and society. The company aims to achieve net zero emissions by 2050. This year, Big C has joined forces with DHL Supply Chain Thailand to have electric vehicles (EV) to transport and distribute goods to help reduce carbon dioxide emissions and to focus on becoming a green logistics organization. Big C will pilot the use of electric trucks to transport and distribute goods at three Big C branches in Bangkok, namely Big C Saphan Khwai, Big C Ratchada, and Big C Ratchadamri. We plan to expand routes and increase the number of vehicles in the long term in Bangkok and other provinces. This collaboration is a joint drive to create an environmentally sustainable supply chain.”

Steve Walker, CEO of DHL Supply Chain Thailand Cluster, stated, “We are very pleased to join Big C on this journey as we have shared values and vision for protecting the planet and improving people’s lives. DHL Supply Chain aspires to be a leader and is committed to being a responsible logistics partner in creating a sustainable future in the region. We have been supporting Big C for the past 20 years and currently deliver their products to over 1,800 stores nationwide. We hope to help them advance their supply chain operations by providing clean, green, and safe solutions to achieve environmental sustainability goals.”

The electric trucks will be managed by the DHL Connected Control Tower, which utilizes advanced technologies such as the Paragon Route Optimization System, Transport Management System, Telematics, and the MySupplyChain digital platform to maximize transport efficiency.

Scott Gerrie, Transport Vice President of DHL Supply Chain Thailand Cluster, added, “Our transport team is constantly looking for innovative ways to help customers lower carbon emissions. Apart from the current EV trucks, we are also looking to install Trailar solar mats on the EV fleet and use fuel additives for internal combustion engine trucks to reduce carbon emissions. We hope to provide greater impact in the future by increasing fleet innovation and utilization within our own fleet and those of our sub-contractors.”

Hashtag: #DHLSupplyChainThailand

The issuer is solely responsible for the content of this announcement.

About DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including, technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 81 billion euros in 2021. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve net zero-emissions logistics by 2050.