Daily Archives: 21, September 2020

Pyrum Innovations AG to expand tire pyrolysis capacity with EUR 16 million backing from BASF SE

Investment will support construction of additional production capacities for pyrolysis oil Milestone in establishing a circular economy for post-consumer plastic waste Pyrolysis oil will partly replace fossil feedstock and be used for demanding plastic applications (PRESS RELEASE) LUDWIGSHAFEN, 21-Sep-2020 — … Read the full press release

BAE Systems to supply Archerfish mine neutralisers for the US Navy in a EUR 95 million contract with US Department of Defense

(PRESS RELEASE) FARNBOROUGH, 21-Sep-2020 — /EuropaWire/ — BAE Systems (LON: BA), a British multinational defence, security, and aerospace company, has announced it won a major contract worth up to £87 million (~EUR 95 million) by the US Department of Defense … Read the full press release

Lloyds Bank’s UK Recovery Tracker: Tourism and recreation sectors in UK outperforming their international counterparts in August 2020

13 of the 14 UK sectors tracked by Lloyds Bank’s UK Recovery Tracker were ahead of the global recovery benchmark in August. Transport was the only UK sector to report a decline in output in August, with automotive, healthcare, chemicals … Read the full press release

German Federal Ministry of Education and Research (BMBF) funds pilot plant by Evonik and Siemens Energy that will rely on carbon dioxide and water to produce chemicals

Evonik and Siemens Energy put pilot plant into operations Artificial photosynthesis closes carbon dioxide cycle The Federal Ministry of Education and Research is funding the various project stages with more than €6 millionund Siemens Energy nehmen Versuchsanlage in Betrieb (PRESS … Read the full press release

Barclays to invest 28 million EUR in Barrenjoey, an Australia-based full-service financial services firm

(PRESS RELEASE) LONDON, 21-Sep-2020 — /EuropaWire/ — British multinational investment bank and financial services company, Barclays to become a foundation investor in Barrenjoey Capital Partners (“Barrenjoey”), a newly-established Australia-based full-service financial services firm. Barrenjoey, launching in mid-2021, will provide corporate … Read the full press release

Zurich to plant 1 million trees to restore biodiversity at Brazil’s Atlantic Forest

(PRESS RELEASE) ZURICH, 21-Sep-2020 — /EuropaWire/ — Zurich Insurance Group (Zurich) announces an exclusive reforestation sponsorship in The Atlantic Forest initiative in Brazil. The targeted, sustainable reforestation project will see 1 million trees planted to transform a barren farmland back … Read the full press release