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NEXTCHEM (MAIRE) AWARDED A LICENSING CONTRACT BY TRANSITION INDUSTRIES FOR A 2.1 MILLION TONS PER YEAR ULTRA-LOW CARBON METHANOL PLANT IN MEXICO BASED ON ITS PROPRIETARY NX ADWINMETHANOL® ZERO TECHNOLOGY

  • NEXTCHEM’s proprietary NX AdWinMethanol® Zero offers an innovative process combining cutting-edge solutions to minimize carbon emissions, thanks to its autothermal reforming (ATR) technology 

  • The plant is poised to be one of the largest standalone ultra-low carbon chemical production facility in the world, with a total output in excess of 2.1 million ton/year

  • The whole package for the project is estimated to be around €250 million and includes also the basic engineering, proprietary and critical equipment supply, as well as assistance to commissioning, start-up and operation of the facility

MILAN, Feb. 27, 2025 /PRNewswire/ — MAIRE (MAIRE.MI) announces that NEXTCHEM’s subsidiary KT Tech has been awarded a licensing contract for the implementation of NEXTCHEM’s proprietary NX AdWinMethanol® Zero technology for Pacifico Mexinol, an ultra-low carbon methanol facility near Los Mochis, Sinaloa, on the Pacific coast of Mexico, with an output in excess of 2.1 million tons per year.  

Transition Industries LLC, a company based in Houston, Texas, is a developer of world-scale, ultra-low carbon emissions methanol and hydrogen facilities in North America. Transition Industries is jointly developing Pacifico Mexinol with the International Finance Corporation (IFC), a member of the World Bank Group.

When it initiates operation in 2028, Pacifico Mexinol is expected to be the largest single ultra-low carbon methanol facility in the world – producing approximately 350,000 metric tons of green methanol and 1.8 million metric tons of blue methanol annually from natural gas with carbon capture.

The value of the licensing award, which will be partly recognized upfront and partly at Final Investment Decision, is in the low tens of million euro, in line with transactions of this kind. The whole package is estimated to be about €250 million, also including the basic engineering, proprietary and critical equipment supply, as well as assistance to commissioning, start-up and operation of the facility.

The NX AdWinMethanol® Zero technology developed by GasConTec, NEXTCHEM’s subsidiary dedicated to low-carbon hydrogen and methanol solutions, integrates its proprietary Autothermal Reforming (ATR) process and methanol synthesis loop and proprietary CO2 capture technologies. This technology further minimizes carbon emissions to nearly zero by converting captured CO2 and green hydrogen into ultra-low-carbon methanol.

This innovative technological approach increases the sustainability of the methanol production process, reflecting Pacifico Mexinol’s commitment to addressing climate change.

Ultra-low carbon methanol can be used to facilitate the decarbonization of the hard to abate chemicals sectors.  The methanol produced by Pacifico Mexinol will facilitate the decarbonization of hundreds of downstream everyday products, including plastics, paints, car parts and construction materials.

Alessandro Bernini, Chief Executive Officer of MAIRE, commented: “We are honored to support this strategic project with NEXTCHEM’s cutting-edge technologies for ultra-low carbon energy vectors. This important achievement confirms our pivotal role in the energy transition and our ability to deliver advanced market-ready solutions that enable our clients to lead the way in producing clean chemical products.”

Rommel Gallo, Chief Executive Officer of Transition Industries, commented: “We are pleased to enter into this strategic relationship with NEXTCHEM and implement a world-class technology for the largest ultra-low carbon methanol facility in the world. We look forward to working together with NEXTCHEM to accelerate and lead the decarbonization of the global methanol and chemicals sectors.”

 

Moldova Digital Summit 2025: Accelerating Innovation & Investment in Eastern Europe

CHISINAU, Moldova, Feb. 27, 2025 /PRNewswire/ — The Moldova Digital Summit (MDS25) returns for its 14th edition from June 5th to 7th, 2025, building on the resounding success of last year’s event, which attracted over 3,000 attendees, facilitated 536 B2B meetings, and launched Moldova’s award-winning e-governance app, EVO. Under the patronage of Prime Minister Dorin Recean, MDS25 will convene global visionaries, industry leaders, policymakers, tech disruptors, and investors to explore the latest advancements and investment opportunities shaping Eastern Europe’s digital future.

Deputy Prime Minister, Minister of Economy, Dumitru Alaiba presenting at Moldova Digital Summit 2024
Deputy Prime Minister, Minister of Economy, Dumitru Alaiba presenting at Moldova Digital Summit 2024

Why Moldova? A Thriving Tech Hub

Moldova is rapidly becoming a powerhouse for digital innovation in Eastern Europe, with its IT sector gaining global recognition. Key factors contributing to this success include:

  • Moldova Innovation Technology Park: Europe’s first fully digital IT park, offering a streamlined operational model and a competitive 7% flat tax on revenue.
  • Impressive Growth: Consistent double-digit growth, attracting over 2,100 companies from over 40 countries, employing nearly 20,000 highly skilled professionals, and contributing 5% to the national GDP.
  • Government Support: Forward-thinking policies and initiatives foster innovation, investment, and talent development.

MDS25: Your Gateway to Opportunity

MDS25 offers a unique platform to connect with key players in Moldova’s thriving tech ecosystem and explore the vast potential of this rising digital hub.

Attendees can expect:

  • Global thought leadership: Engage with top-tier speakers.
  • Startup Alley: Discover Moldova’s most promising tech start-ups.
  • B2B & B2G matchmaking: Connect with investors, entrepreneurs, and government leaders.
  • Tech & Innovation Expo: Experience cutting-edge solutions.
  • Strategic Market Insights: Gain first-hand knowledge of Moldova’s IT sector.
  • Immersive Experience: Explore Moldova’s evolving tech landscape.

Secure your spot today! For a limited time, tickets are available at half price Get Your MDS25 Ticket Here

Register now at https://moldovadigitalsummit.md/ to receive event updates. Follow MDS25 on Facebook, Instagram and LinkedIn.

About Moldova Digital Summit

The MDS is Eastern Europe’s premier technology and innovation conference. Reaching its 14th edition, MDS continues to drive Moldova’s ambitions as a regional leader in technology, innovation, and entrepreneurship.

Organized by the Ministry of Economic Development and Digitalization, led by Minister Dumitru Alaiba, alongside key partners such as the National Association of ICT Companies (ATIC), Moldova Innovation Technology Park, the E-Governance Agency, Invest Moldova Agency, Startup Moldova, Tekwill, and the Technical University of Moldova, MDS2025 is set to position Moldova as a strategic destination for tech-driven growth and entrepreneurship.

Olga Ustunel-Cazacu
MDS25 Project Manager
olgaustunel@gmail.com

Oregon State University welcomes Thai students to world-class education and research opportunities

OSU President Jayathi Murthy and OSU Foundation CEO Shawn Scoville meet alumni and future students in Bangkok


BANGKOK, THAILAND – Media OutReach Newswire – 27 February 2025 – Oregon State University (OSU) President Professor Jayathi Y. Murthy met with OSU alumni and newly admitted students in Bangkok today, reinforcing the university’s commitment to world-class education, research excellence, and student success.

Jayathi Y. Murthy, President of Oregon State University
Jayathi Y. Murthy, President of Oregon State University

With Thailand strengthening its focus on sustainability, innovation, and economic development, OSU offers Thai students a pathway to cutting-edge research, industry partnerships, and career-ready education in fields such as AI, robotics, sustainability, and climate science.

“Oregon State University is a global institution dedicated to tackling the world’s most pressing challenges,” said Murthy. “Our students are part of an international research community, working on solutions in AI, engineering, climate sustainability, and beyond. I’m excited to welcome more Thai students to OSU, where they can gain the skills and experiences to shape the future.”

Founded in 1868, OSU is ranked among the top 1.4% of degree-granting institutions worldwide and has a student body of nearly 38,000 students from 100+ countries. It is home to the largest Computer Science program in the US and has a strong research focus, with US$422 million in annual research expenditures and a goal to double that by 2030.

OSU’s internationally recognized academic programs include robotics, AI, climate science, forestry, oceanography, and agricultural sciences, areas that align with Thailand’s ambitions in technology and sustainability.

At the event in Bangkok to celebrate OSU alumni and welcome newly admitted Thai students, Murthy emphasized OSU’s student-centered approach, career development programs, and commitment to global education. “Our mission is to help every student at OSU graduate with a strong academic foundation and a clear career trajectory,” she said.

OSU is a preferred hiring partner for global companies such as Intel, NVIDIA, Google, Amazon, and Tesla – providing its students outstanding career opportunities.

Accompanying OSU President Murthy, Shawn L. Scoville, President and CEO of the OSU Foundation, highlighted the Foundation’s role in fostering alumni relations and philanthropic support to enhance OSU’s impact. “The OSU Foundation is dedicated to building a vibrant global community of alumni and supporters whose engagement and generosity directly strengthen OSU’s ability to address global challenges.

“We are committed to expanding research opportunities, enhancing student experiences, and driving innovation in areas like AI, sustainability, and engineering – ensuring OSU remains at the forefront of solving critical global issues.”

Through its US$1.75 billion “Believe It” fundraising and engagement campaign, the Foundation is investing in OSU’s students, faculty and cutting-edge research infrastructure. This includes the Jen-Hsun Huang and Lori Mills Huang Collaborative Innovation Complex, made possible by US$100 million in philanthropy, including a US$50 million gift from NVIDIA Founder and CEO Jen-Hsun Huang and his wife Lori Mills Huang – both OSU alumni. Set to open in 2026, the facility will house one of the most powerful supercomputers in the US, advancing research in AI, sustainability, climate science, and beyond.

Hashtag: #globaleducation #intled #studyabroad #thailand #OSU #OSUF #AI #Robotics #ClimateScience


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

Datamine and Mine Vision Systems to Introduce Technology and Distribution Partnership to Advance Underground Mining Operations at Prospectors & Developers Association of Canada (PDAC) Conference

Datamine and Mine Vision Systems (MVS) have announced a strategic partnership to integrate Datamine’s mapping and sampling software with MVS’ real-time mapping and perception systems to revolutionize underground data collection and analysis.  The partnership enables Datamine to market the combined solution and deliver a complete solution to its customer base. 

PITTSBURGH, Feb. 27, 2025 /PRNewswire/ — Datamine, a global leader in mining software solutions, and Mine Vision Systems (MVS), a pioneer in advanced underground mining digitalization, are introducing a streamlined analysis solution to deliver the precise, actionable insights required to optimize production operations in underground mining.  The partnership will provide mining professionals with unparalleled capabilities in data collection, analysis, and visualization.

“The partnership between Datamine’s Studio Mapper and MVS’s FaceCapture sets a new industry standard for geological data capture. By combining two cutting-edge technologies, we deliver an innovative, best-in-class solution that exceeds the sum of its parts.” said John Bailey, CEO at Datamine. “This collaboration reinforces our commitment to equipping geologists with the most advanced solutions available—there’s nothing like it on the market today.”

The integration of leading solutions from Datamine and MVS will enable mining professionals to capture, process, and analyze underground data with unprecedented speed and accuracy. This comprehensive solution will significantly improve geological modeling, mine planning, and operational efficiency, helping companies achieve greater sustainability and cost-effectiveness in their underground mining operations.

“We believe the most successful transformational technology companies strive to deliver solutions with minimal disruption to essential workflows”, said Mike Smocer, CEO of Mine Vision Systems. “Our partnership with Datamine furthers our mission to deliver precise insights to essential decision makers at the moment of greatest impact and in a manner that fits seamlessly into existing workflows.” 

PDAC attendees will have the opportunity to see firsthand how this collaboration enhances mapping, modeling, and analysis precision in underground mining operations. Live demonstrations will occur at Datamine’s booth number 240. 

ABOUT MINE VISION SYSTEMS

Founded in 2015, MVS focuses on bringing vision-related technology and software algorithms to the resources mining industry. As pioneers in the underground 3D mapping space, we work worldwide to improve efficiency, safety, production, and automation in mining through unmatched data collection, insights and workflow.

ABOUT DATAMINE

Datamine is a leading provider of mining software solutions and consulting services, dedicated to facilitating efficient and sustainable mining operations through advanced technology. Established over 40 years ago, Datamine has grown to serve over 2,000 mining sites worldwide, become the only software vendor offering comprehensive solutions that span the entire mining value chain.

Contact:
Josh Green
josh.green@minevisionsystems.com

ViewSonic Concludes the 5th ColorPro Awards “Momentum,” Celebrating Artistic Innovation

BREA, Calif. , Feb. 27, 2025 /PRNewswire/ — ViewSonic Corp., a global leader in visual solutions, proudly celebrates the successful conclusion of the 5th ColorPro Awards. This edition’s theme, “Momentum,” captured the relentless spirit of creators worldwide, honoring their dedication to transforming visions into compelling artistic expressions. With exhibitions held in Germany, India, and Taiwan, the tour once again brought together global creators and showcased the role of advanced display technology in bringing art to life.  


ViewSonic celebrates the successful conclusion of the 5th ColorPro Awards. This edition’s theme, “Momentum,” captured the relentless spirit of creators worldwide, honoring their dedication to transforming visions into compelling artistic expressions. The event featured a series of activities held in Germany, India, and Taiwan, showcasing the top entries from around the globe.

“Expanding the ColorPro Awards into new regions reflects our unwavering commitment to encouraging creativity,” said Oscar Lin, General Manager of the Monitor Business Unit at ViewSonic. “This year, with new award categories and a more extensive geographical reach, we continue to celebrate and inspire the vibrant community for global creators to connect, learn, and innovate.” 

The 5th ColorPro Awards unfolded through a series of immersive events, spotlighting the top entries from around the world. Each event featured the top 100 Photography and Videography entries alongside standout works from the newly introduced Digital Art and Generated Art categories. 

Click here to watch the 5th ColorPro Awards highlights video. 

Germany: Spotlight on the Award Ceremony

The global tour commenced with an exclusive award ceremony in Düsseldorf, where finalists and judges from various countries gathered to honor the winners of each category for their outstanding creativity and vision. The event fostered meaningful exchanges among creators and provided a stage for ViewSonic’s array of new display solutions designed to meet the needs of creative professionals.

Enhancing the event’s collaborative and educational aspects, a hands-on photography and post-production workshop complemented the ceremony. Attendees refined their work using ViewSonic’s ColorPro series professional monitors, equipped with the ColorPro Wheel for precise color calibration and seamless integration with industry-standard creative software. This advanced setup enabled participants to improve both efficiency and accuracy in their creative workflows.

“High-quality display technology plays a crucial role in creative workflows, ensuring that creators can bring their visions to life with precision and confidence,” stated Kay Van Huisseling, Videography judge for the 5th ColorPro Awards.

India: A Landmark Event for Art and Technology  

The ColorPro Awards made its debut in India with an exclusive event in Mumbai, bringing together over 100 leading industry professionals, partners, and influencers from the local area. The gathering seamlessly blended art and technology, celebrating innovation in visual storytelling.  

This milestone event featured an elaborate demo zone, where attendees explored a cutting-edge lineup of future-ready displays and collaboration tools designed for professional creative workflows, business presentations, and hybrid workspaces. Expanding on this theme, ViewSonic showcased its advanced interactive displays and monitors with smart sensing features engineered to enhance productivity and modernize corporate workspaces. 

Taiwan: Showcasing Local Talent and Creative Collaboration 

The 5th ColorPro Awards journey concluded in Taiwan with an immersive exhibition at Songshan Cultural and Creative Park, known as the “Creative Hub of Taipei.” A unique Taiwan Creator’s Showcase spotlighted local talent, offering a diverse display of artistic styles and creative perspectives. 

ViewSonic also held a ColorPro Talk event, where renowned photographers led an interactive workshop open to the public. Photography enthusiasts and visual storytellers gained valuable insights into cinematic lighting, post-production workflows, and advanced photography techniques, making it a fitting finale to the global celebration of creativity.

As the 5th ColorPro Awards comes to a close, ViewSonic’s dedication to innovation and engagement with the creative community continues to drive the momentum forward. The company expanded its presence to new regions while strengthening its focus on Environmental, Social, and Governance (ESG) principles to ensure a lasting global impact.

Beyond fostering community, ViewSonic continues to drive sustainability initiatives by developing energy-efficient products, adopting green packaging, and optimizing manufacturing and logistics. Its LCD monitors comply with global environmental standards*, with many featuring an Eco-mode that extends their lifespan by up to 1.5 times. These efforts not only enhance the user experience but also promote responsible environmental practices across industries. 

For more details on the ColorPro Awards, visit the official website and explore the complete list of finalists. 

*Global environmental standards include TCO Certified, ENERGY STAR® certification, the Electronic Product Environmental Assessment Tool (EPEAT), the Waste Electrical and Electronic Equipment (WEEE) Directive, and the Restriction of Hazardous Substances (RoHS) Directive. 

About ViewSonic  

Founded in 1987 in California, ViewSonic is a leading global visual solutions provider with a presence in over 100 countries. The company leverages over 35 years of expertise in visual technology to deliver a comprehensive portfolio of hardware, software, content, and services. ViewSonic offers a wide range of products, with screen sizes spanning from 5 inches to a massive 760 inches. This includes interactive displays, large format displays, LED displays, pen displays, monitors, projectors, SaaS, AI services, interactive content, and more. This innovative ecosystem empowers education, workplaces, and individuals to foster creativity, collaboration, and seamless learning. ViewSonic focuses on designing products that deliver optimal performance and customer satisfaction while integrating sustainable production practices and upholding comprehensive environmental, social, and governance standards. The company aims to enable customers to “See the Difference.” Learn more at www.viewsonic.com. 

Bybit Confirms Security Integrity Amid Safe (Wallet) Incident – No Compromise in Infrastructure

DUBAI, UAE, Feb. 27, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today issued an important update to the community on the ongoing forensic investigation into the recent security incident. Our preliminary findings reaffirm the integrity of Bybit’s infrastructure while providing crucial insights into the nature of the attack.

The forensic review into the targeted attack by the Lazarus Group concluded that the credentials of a Safe developer were compromised. This allowed the attacker to gain unauthorized access to the Safe(Wallet) infrastructure and totally deceive signers into approving a malicious transaction.

Bybit had engaged third-party forensic experts, including Verichains and Sygnia Labs, to conduct an independent review. Both forensic experts have found no indications of any compromise within Bybit’s infrastructure as confirmed in SAFE’s own statement relating to the compromise of its own environment.

Full report can be downloaded here: https://docsend.com/view/s/rmdi832mpt8u93s7

Bybit’s Immediate Response and Future Measures

Bybit had moved the majority of funds out of its Safe Wallet administered addresses on the  day of the incident. Ensuring the safety and security of our users remains our top priority.  We actively evaluate alternative wallet solutions for custody that meet the highest security standards.

Bybit is and remains 100% secure. Our preliminary forensics experts have concluded that our infrastructure was not compromised. We will continue to enhance our security measures and collaborate with top security experts to uphold our commitment to user safety.

Statement from Ben Zhou, Co-founder and CEO of Bybit:

“Bybit remains steadfast in our commitment to security and transparency. The preliminary forensic review finds that our system was not compromised. While this incident underscores the evolving threats in the crypto space, we are taking proactive steps to reinforce security and ensure the highest level of protection for our users.”

#Bybit / #TheCryptoArk 

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

 

GameChange Solar’s Genius Tracker™ Racking Verified Compatible by Intertek for 2kV Solar Projects

Trackers successfully deployed in Southeastern US pilot project

NORWALK, Conn., Feb. 27, 2025 /PRNewswire/ — GameChange Solar (GCS), a leading global supplier of solar tracker and fixed-tilt racking technology, announced that its Genius Tracker™ racking system has been verified compatible with approved components by Intertek for operation at 2,000 V (2 kV) and successfully installed and commissioned with 5 MW worth of 2 kV modules at a site in the Southeastern United States. This milestone positions GameChange Solar at the forefront of the industry’s transition to higher-voltage systems, which drive greater efficiency and cost savings.

Intertek, a leading Total Quality Assurance provider to industries worldwide, conducted a comprehensive evaluation of the Genius Tracker under UL 2703 standards to assess the impact of the increased voltage. The review confirmed that no additional testing or modifications were required, verifying that the Genius Tracker racking system is compatible with 2 kV systems.

“Validating compatibility for 2 kV operation is a major step forward for the industry,” said Scott Van Pelt, Chief Engineer at GameChange Solar. “Our successful deployment in the Southeast U.S. demonstrates that GameChange Solar’s Genius Tracker is ready for the next generation of high-voltage solar projects, offering greater efficiency and lower system costs.”

The transition from 1,500 V to 2,000 V technology enhances electrical efficiency by increasing voltage rather than current, reducing voltage drop, and allowing more energy to reach the inverter. This shift significantly lowers material costs, improves power handling capacity, and reduces the Levelized Cost of Energy (LCoE), making utility-scale solar more competitive.

With the successful commissioning of this pilot project, GameChange Solar is paving the way for broader industry adoption of 2kV systems, reinforcing its leadership in solar tracker innovation.

About GameChange Solar

GameChange is the second largest global provider of solar tracker solutions used in utility-scale and ground-mounted distributed generation solar projects around the world. We have delivered over 37 GW of solar tracker and fixed tilt systems that combine fast installation, bankable quality, and unbeatable value through superior engineering, innovative design, and high-volume manufacturing. Our products enable solar panels at power plants to follow the sun’s movement across the sky and optimize plant performance while protecting the array from damaging weather conditions.

For more information, visit www.gamechangesolar.com

Contact: 
Lisa Andrews
Director of Marketing
GameChange Solar
lisa.andrews@gamechangesolar.com

Perennial Tianjin Medical Cluster, Including China’s First Wholly Foreign-Owned Private Tertiary General Hospital, Officially Opened

Separate MOUs signed with SingHealth for bilateral cross-border knowledge exchange, 
and with Tianjin Academy of TCM for expansion into Singapore

SINGAPORE, Feb. 26, 2025 /PRNewswire/ — Perennial Holdings Private Limited (“Perennial Holdings“) marked a major milestone today with the official opening of the medical cluster, comprising three hospitals with a total of 1,000 beds, within the Perennial Tianjin South High Speed Railway (“HSR“) International Healthcare and Business City (“PIHBC Tianjin“) in Xiqing District, Tianjin, China. The three hospitals, built and equipped at a total investment cost of RMB2 billion, comprise China’s first wholly foreign-owned private tertiary general hospital, a rehabilitation hospital and a specialist brain hospital. PIHBC Tianjin, China’s first-of-its-kind large-scale HSR transit-oriented development adjacent to the Tianjin South HSR Station, also incorporates eldercare and hospitality components.

Perennial Tianjin Medical Cluster
Perennial Tianjin Medical Cluster

 

Perennial Tianjin Medical Cluster, Including China’s First Wholly Foreign-Owned Private Tertiary General Hospital, Officially Opened
Perennial Tianjin Medical Cluster, Including China’s First Wholly Foreign-Owned Private Tertiary General Hospital, Officially Opened

The celebratory event also witnessed the signing of two Memorandum of Understanding (“MOUs“). The first was with SingHealth, Singapore’s largest public healthcare group, to mutually advance clinical training, research and medical information technology (“IT“) innovation via PIHBC Tianjin’s medical and eldercare clusters to elevate standards of excellence in patient-centred care. The second was with the Tianjin Academy of Traditional Chinese Medicine (“TCM“) (“Tianjin Academy of TCM“), one of China’s top national TCM research academies, to integrate its TCM expertise and practice across PIHBC Tianjin’s medical and eldercare clusters, and to facilitate the establishment of an overseas TianjinSingapore branch at Perennial Holdings’ property in Singapore.

Perennial Holdings signs strategic partnership with SingHealth to mutually advance clinical training, research and medical IT innovation.
Perennial Holdings signs strategic partnership with SingHealth to mutually advance clinical training, research and medical IT innovation.

 

Perennial Holdings partners Tianjin Academy of TCM to integrate its TCM expertise and practice across PIHBC Tianjin’s medical and eldercare clusters, and to facilitate expansion into Singapore.
Perennial Holdings partners Tianjin Academy of TCM to integrate its TCM expertise and practice across PIHBC Tianjin’s medical and eldercare clusters, and to facilitate expansion into Singapore.

These milestones were witnessed by Guests-of-Honour Mr Peter Tan, Singapore’s Ambassador to the People’s Republic of China, Mr Yap Cheng Boon, Director (North & West China), Enterprise Singapore,

government officials from Tianjin Municipal Health Commission, Municipal Drug Administration, Municipal Medical Insurance Bureau, Xiqing District Government, Professor Ng Wai Hoe, Group Chief Executive Officer of SingHealth, who joined online, Mr Zhao Qiang, President of the Tianjin Academy of TCM, business partners from the medical and healthcare industries and the media.

The hospitals within the medical cluster, all featuring state-of-the-art equipment and staffed with highly qualified multi-disciplinary professionals, provide a convenient one-stop integrated medical hub concept focused on patient-centered care. The hospitals include Perennial General Hospital Tianjin, a 500-bed hospital offering comprehensive medical disciplines, Perennial Rehabilitation Hospital, a 200-bed hospital for post-surgery recovery and rehabilitation and a 300-bed Eber Perennial Brain Hospital specialising in neurological surgeries. Together with the 299-bed Perennial Nursing Hospital at the eldercare component, the hospitals are well-positioned to provide quality care to the seniors residing in the over 1,500-bed eldercare homes and assisted living apartments, and the community in Xiqing District and the wider BeijingTianjinHebei region.

MOUs with SingHealth and Tianjin Academy of TCM

With the establishment of Perennial General Hospital Tianjin as the first wholly foreign-owned private tertiary general hospital and our earlier commitment to foster local-foreign hospital collaboration to elevate the standards of private medical care, Perennial Holdings entered into a strategic partnership with SingHealth to bring diverse medical professionals and expertise to Tianjin. The MOU will see SingHealth provide training for doctors, nurses and allied health professionals across PIHBC Tianjin’s four hospitals, eldercare homes and assisted living apartments. The training is expected to span diverse specialties, including cardiology, orthopaedics, oncology and geriatric care. PIHBC Tianjin’s multi-disciplinary healthcare team will also have the opportunity to attend training at SingHealth’s extensive network of acute hospitals, national specialty centres, community hospitals and polyclinics in Singapore. Healthcare professionals from SingHealth will also gain insights into PIHBC Tianjin’s unique integrated model of medical and eldercare, implementation of technology to enhance patient outcomes and work with experts across various fields such as geriatrics, rehabilitation and dementia. There are also plans to explore joint research and development projects and jointly organise conferences, courses and education programmes.

In support of China’s plan to add TCM to its Belt and Road Initiative (“BRI“) and build overseas TCM centres, Perennial Holdings established a strategic partnership with Tianjin Academy of TCM to develop and integrate TCM across the medical and eldercare clusters of PIHBC Tianjin and in Singapore, elevating holistic care for patients in both regions. The two parties will jointly enhance application of TCM techniques, expertise and culture, leveraging Tianjin Academy of TCM’s bench strength of talents and deep expertise in TCM medicine and technology. The partnership will also tap on Perennial Holdings’ stronghold in its home ground to build the academy’s Singapore flagship TCM centre, which will serve as a gateway to expand the reach and integration of TCM across Southeast Asia, a region within the BRI.

Mr Pua Seck Guan, Executive Chairman and Chief Executive Officer of Perennial Holdings, said, “Today marks a significant milestone as we officially open three hospitals in Tianjin, including the first wholly foreign-owned private tertiary general hospital in China. We thank the Chinese government for their strong support which has been key to our journey thus far. Our two MOUs announced today will further elevate patient-centred care across our precinct in Tianjin, ultimately uplifting the international standing of China’s medical industry, while also replicating our integrated care model, coupled with TCM expertise, in Singapore.”

Mr Pua added, “We are honoured to partner SingHealth, a cornerstone of Singapore’s world-class healthcare system, in the areas of clinical training, research and IT innovation across our hospitals and senior housing at PIHBC Tianjin. The collaboration also provides an excellent platform for SingHealth’s multidisciplinary teams to exchange knowledge and expertise with experienced local healthcare practitioners, and gain a deeper understanding of our unique model integrating medical and eldercare at our pioneering HSR TOD in China. This is also part of our effort to elevate the standards of private medical care in Tianjin, with the aim to drive growth of Tianjin’s medical tourism sector over time.”

Mr Pua further added, “Similarly, our partnership with Tianjin Academy of TCM, which is a pioneering national standardised training base for TCM resident doctors, will bring deep TCM expertise to PIHBC Tianjin’s medical and eldercare clusters, building on our holistic capabilities. Our partnership will also support the academy’s vision to extend the reach of TCM, starting with Singapore to across Southeast Asia, in line with the government’s plan to propagate TCM culture, techniques and expertise under the BRI.”

Professor Ng Wai Hoe, Group Chief Executive Officer of SingHealth, said, “We are privileged to partner Perennial Holdings to forge meaningful partnerships with the healthcare professionals in Tianjin through knowledge exchange to push the frontiers of medicine. Through collaborations in research, innovation and patient care in diverse specialties and across different professional domains, I am confident that we will synergise efforts to elevate the standards of healthcare in Tianjin and Singapore and improve the delivery of care for patients in both regions.”

Mr Zhao Qiang, President of the Tianjin Academy of TCM, said, “This collaboration will not only foster the adoption and advancement of TCM in Singapore by delivering more accessible, professional, and efficient services, but also drive the growth and culture of TCM, while simultaneously opening doors for the Tianjin TCM industry to extend its global reach and brand recognition.”

About the Hospitals within PIHBC Tianjin’s Medical Cluster and MOU Partners

Perennial General Hospital Tianjin is supported by a multi-disciplinary team with high-level medical expert team with rich clinical experience, covering comprehensive medical disciplines, including internal medicine, oncology, cardiology, orthopedics, urology, dermatology, otolaryngology, nephrology, gynecology, TCM, dentistry, and emergency medicine. The hospital features a unique asset-light co-medical space concept for doctors and medical groups, where they focus solely on providing medical consultations and treatments without investing in medical facilities and services. Doctors and medical groups can instead utilise shared medical facilities and services provided and managed by Perennial Holdings, including advanced operating theatres, diagnostic imaging equipment and an extensive clinical laboratory.

Perennial Rehabilitation Hospital Tianjin brings together experts in the field of rehabilitation, spanning innovative specialty rehabilitation from neurological conditions, critical illness, sports injuries, dysphagia and more. The hospital brings a unique and holistic treatment system combining traditional and modern rehabilitation approaches through the hospital’s cutting-edge equipment to meet diverse treatment and rehabilitation needs in one place. These include Tianjin’s only large-scale lifting hydrotherapy pool for aquatic rehabilitation therapy, anti-gravity rehabilitation treadmills from the United States, the Danish Guldmann 3rd Generation ceiling rail suspension system, robot-assisted rehabilitation equipment, and a 24-person hyperbaric oxygen chamber.

Eber Perennial Brain Hospital Tianjin is a partnership between Perennial Holdings and the Eber Shanghai, one of China’s top brain specialist medical groups. Specialising in neurological-related surgeries and integrated surgical and rehabilitation treatment of cerebral palsy, hemiplegia and paraplegia in adults, the hospital will also offer multidisciplinary diagnoses and treatments for diseases such as dementia, Parkinson’s disease, and movement disorders.

SingHealth has a network of four public hospitals, two community hospitals, five national specialty centres and a network of eight polyclinics offering over 40 clinical specialties. Its broad range of institutions include Singapore General Hospital, KK Women’s and Children’s Hospital, Changi General Hospital, Sengkang General Hospital, SingHealth Polyclinics, National Cancer Centre Singapore, National Dental Centre Singapore, National Heart Centre Singapore, National Neuroscience Institute, Singapore National Eye Centre and Outram Community Hospital. SingHealth’s network also includes the SingHealth Duke-NUS Academic Medical Centre, which draws on the collective strengths of SingHealth and Duke-NUS Medical School, to drive the transformation of healthcare and provide quality healthcare.

Tianjin Academy of TCM is one of the six major national TCM research institutes approved by China’s State Council in 1987. As a comprehensive TCM research and medical institute, it encompasses the Tianjin Academy of TCM Affiliated Hospital, which is a comprehensive scientific research and medical institution integrating scientific research, clinical practice, teaching, rehabilitation and health management. The hospital is the first national standardised training base for TCM resident doctors and is equipped with 600 beds and 847 open beds, seeing an average daily outpatient volume of more than 4,000 people.

Mr Peter Tan, Singapore's Ambassador to the People's Republic of China
Mr Peter Tan, Singapore’s Ambassador to the People’s Republic of China

 

Ms Chai Shufang, Vice District Mayor of Xiqing District, Tianjin
Ms Chai Shufang, Vice District Mayor of Xiqing District, Tianjin

 

Mr Pua Seck Guan, Executive Chairman and Chief Executive Officer of Perennial Holdings
Mr Pua Seck Guan, Executive Chairman and Chief Executive Officer of Perennial Holdings

 

Professor Ng Wai Hoe, Group Chief Executive Officer of SingHealth
Professor Ng Wai Hoe, Group Chief Executive Officer of SingHealth

 

Mr Zhao Qiang, President of the Tianjin Academy of TCM
Mr Zhao Qiang, President of the Tianjin Academy of TCM

 

Healthcare professionals undertaking the Medical Oath at the official opening ceremony.
Healthcare professionals undertaking the Medical Oath at the official opening ceremony.

 

Perennial Tianjin Medical Cluster (Night View)
Perennial Tianjin Medical Cluster (Night View)

 

Perennial Tianjin Medical Cluster - Operating Theatre
Perennial Tianjin Medical Cluster – Operating Theatre

 

Perennial General Hospital Tianjin - Single Ward
Perennial General Hospital Tianjin – Single Ward

 

Perennial Rehabilitation Hospital Tianjin
Perennial Rehabilitation Hospital Tianjin

 

Perennial Rehabilitation Hospital Tianjin
Perennial Rehabilitation Hospital Tianjin

 

Perennial General Hospital Tianjin - VIP Ward
Perennial General Hospital Tianjin – VIP Ward

 

Perennial General Hospital Tianjin
Perennial General Hospital Tianjin

 

Perennial General Hospital Tianjin – Patient Lounge
Perennial General Hospital Tianjin – Patient Lounge

 

Perennial Tianjin Medical Cluster - Clinical and Laboratory Services
Perennial Tianjin Medical Cluster – Clinical and Laboratory Services

 

Perennial General Hospital Tianjin - Outpatient Area
Perennial General Hospital Tianjin – Outpatient Area

 

Perennial General Hospital Tianjin
Perennial General Hospital Tianjin

 

Perennial Rehabilitation Hospital Tianjin - 24-seater Hyperbaric Oxygen Chamber
Perennial Rehabilitation Hospital Tianjin – 24-seater Hyperbaric Oxygen Chamber

 

Perennial Tianjin Medical Cluster – Radiography
Perennial Tianjin Medical Cluster – Radiography

– END –

About Perennial Tianjin South High Speed Railway International Healthcare and Business City 

Perennial Tianjin South High Speed Railway (HSR) International Healthcare and Business City (PIHBC Tianjin) is the World’s First-of-its-Kind Integrated Eldercare, Medical Care and Hospitality HSR transit-oriented development. Adjacent to the Tianjin South HSR Station, PIHBC Tianjin will serve the integrated healthcare and hospitality needs of the Xiqing District and the wider BeijingTianjinHebei region, as well as regional medical tourists.

PIHBC Tianjin’s medical component, positioned as Perennial Medical Cluster, comprises a total of 1,000 beds across three hospitals all featuring state-of-the-art equipment and staffed with highly qualified multi-disciplinary professionals, providing a one-stop integrated medical hub concept focused on patient-centered care. The hospitals include the 500-bed Perennial General Hospital Tianjin, China’s first wholly foreign-owned private tertiary general hospital offering comprehensive medical disciplines, Perennial Rehabilitation Hospital, a 200-bed secondary rehabilitation hospital for post-surgery recovery and rehabilitation and Eber Perennial Brain Hospital, a 300-bed tertiary brain specialist hospital.

PIHBC Tianjin’s eldercare component, positioned as Perennial Eldercare Community, houses Perennial Eldercare Home Tianjin, a 374-unit senior-friendly independent living housing with 286 beds; Perennial Assisted Living Apartment Tianjin, a 1,227-bed facility for elderly residents who require assistance with daily activities; Perennial Nursing Hospital Tianjin, the city’s first nursing hospital with 299 beds offering nursing, dementia, disability and palliative care; and a Perennial Nursing Station offering out-patient geriatric and nursing care management. With a total of about 1,800 beds, this holistic eldercare community will cater to different needs of the silver generation with continuum of care under one roof.

PIHBC Tianjin’s hospitality component features a total of about 1,000 rooms across four 3- to 5-star multi-branded hotels. As a first of its kind in the Xiqing district, the 5-star hotel is branded ‘The Perennial, JdV by Hyatt’ while the 4-star+ and 4-star hotels are branded ‘Cheese by Minyoun’ and ‘Lia by Minyoun’ respectively. The 3-star hotel is branded ‘MINYOUN LIVING’, featuring interactive and multi-purpose communal spaces in earthy and soothing tones. Collectively, these four hotels offer over 32,000 square feet of meeting, incentive, conference and exhibition spaces, as well as four destination dining options serving various cuisines.

About Perennial Holdings Private Limited (www.perennialholdings.com

Perennial Holdings Private Limited (“Perennial Holdings“) is an integrated real estate and healthcare company headquartered in Singapore. As a real estate owner, developer and manager, Perennial Holdings focuses strategically on large-scale transit-oriented developments (“TODs“) and has a presence in China, Singapore, Malaysia and Indonesia with a portfolio spanning approximately 80 million square feet in total gross floor area. As a healthcare services owner, operator and manager, Perennial Holdings focuses on hospitals and medical centres, as well as eldercare and senior housing. In China, it has a presence across 14 cities with over 23,000 beds, comprising about 13,000 operational beds and over 10,000 beds in the pipeline. Perennial Holdings’ network of healthcare facilities includes general, rehabilitation and specialist hospitals, as well as assisted living apartments, eldercare and nursing homes, and its integrated eldercare services comprise medical, nursing, rehabilitation, Traditional Chinese Medicine (“TCM“), dementia and home care. In Singapore, it has an assisted living development and senior-focused rehabilitation facility. 

In China, Perennial Holdings’ portfolio comprises TODs adjacent to six of the country’s largest high speed railway stations. Five of the TODs are medical and healthcare-centric, mostly integrating eldercare, medical care and hospitality, located in Chengdu, Tianjin, Kunming, Xi’an and Chongqing, as well as one commercial-centric TOD in Hangzhou. Another landmark commercial TOD is the Beijing Tongzhou Integrated Development. Perennial Holdings also operates China’s first and the world’s sixth Alzheimer’s Care Village in Xi’an.

In Singapore, Perennial Holdings’ portfolio comprises iconic properties, such as The Skywaters, Golden Mile Singapore, Capitol Singapore, CHIJMES and Perennial Business City, located in the prime business districts near transportation hubs. It also operates Singapore’s first private assisted living development at Parry Avenue and the first-of-its-kind private integrated rehabilitation and TCM sanctuary at Jervois Road.

Issued by Perennial Holdings Private Limited (Company Registration: 200210338M)