Monthly Archives: April 2023

Rediscover, Reimagine, Rebuild: York Festival of Ideas reveals eclectic lineup

(IN BRIEF) The York Festival of Ideas has announced its programme for 2023, under the theme of “Rediscover, Reimagine, Rebuild”. More than 150 events will be held from 2 to 15 June, featuring in-person and online events with a line-up … Read the full press release

ABP’s Horizon Cruise Terminal Proves Capability to Support LNG-Powered Ships

(IN BRIEF) The Port of Southampton, owned and operated by Associated British Ports (ABP), has welcomed two LNG-powered cruise ships on their maiden calls in just four days. AIDAnova and Le Commandant Charcot proved the port’s capability to support such … Read the full press release

ABP opens dedicated history floor at Immingham Museum

(IN BRIEF) Associated British Ports (ABP) has officially opened the ABP Room, a floor dedicated to the history of the Port of Immingham at Immingham Museum in the Humber. The room, located on the museum’s first floor, was made possible … Read the full press release

Bentley partners with Goodwoof festival as exclusive automotive sponsor

(IN BRIEF) Luxury automaker Bentley has been named the exclusive automotive partner for the upcoming Goodwoof festival, which celebrates all things canine. The event will be held on May 20-21 at the Goodwood estate in West Sussex, England, and feature … Read the full press release

LEGO Super Mario expands franchise with Donkey Kong-inspired world

(IN BRIEF) The LEGO Group has announced the expansion of its LEGO Super Mario franchise to include Donkey Kong, Cranky Kong, Diddy Kong, Funky Kong, and Dixie Kong for the first time ever in LEGO brick form. Four new products … Read the full press release

Technical University of Munich students set new standards with latest electric car design

(IN BRIEF) The Technical University of Munich has unveiled its latest electric car developed by student group TUfast Eco. The new car, called muc023, sets new standards in efficiency with lower weight, increased efficiency in individual components and significantly reduced … Read the full press release

TUM professors awarded for outstanding teaching performance by Bavarian State Ministry of Science and the Arts

(IN BRIEF) The Bavarian State Ministry of Science and the Arts has awarded the Prize for Excellence in Teaching to outstanding teachers at universities in the state, which includes TUM’s Prof. Dr. Claudia Eckert and PD Dr. Friederike Schmidt-Graf. Claudia … Read the full press release

Accenture strengthens retail and consumer electronics offerings with Einr acquisition

(IN BRIEF) Accenture has announced its agreement to acquire Einr, a Norwegian business consulting company specialized in high volume logistics solutions using SAP technologies to optimize the flow of products from manufacturers to consumers. The acquisition will enhance Accenture’s SAP … Read the full press release

Infineon’s HybridPACK Drive G2 extends integrated B6 package to higher power and ease-of-use

(IN BRIEF) Infineon Technologies AG has launched the HybridPACK Drive G2, a new automotive power module that offers scalability and extends the concept of an integrated B6 package to higher power and ease-of-use. The HybridPACK Drive G2 is available with … Read the full press release

Infineon Technologies launches dual-port USB-C power delivery solution for in-car charging

(IN BRIEF) Infineon Technologies AG has launched the EZ-PD CCG7D, a dual-port USB-C power delivery solution with an integrated boost controller for in-car charging applications that comply with the latest USB Type-C and PD specifications (Ver. 3.1). The PD solution … Read the full press release

Schneider Electric launches Easy UPS 3-Phase Modular with Live Swap functionality

(IN BRIEF) Schneider Electric has launched Easy UPS 3-Phase Modular, a robust uninterruptible power supply designed to protect critical loads while offering third-party verified Live Swap functionality. This system is available in 50-250 kW capacity with N+1 scalable configuration and … Read the full press release

Skanska to reduce congestion on California’s State Route 57/60 with $267M contract

(IN BRIEF) Skanska has signed a contract worth USD 267M with the San Gabriel Valley Council of Governments to make improvements to the California State Route 57/60 interchange, which is part of the State Route 57/60 confluence running through Diamond … Read the full press release

Standard Chartered updates net zero roadmap with focus on oil and gas emissions reduction

(IN BRIEF) Standard Chartered has updated its net zero roadmap and announced a target of a 29% reduction in absolute financed emissions for the oil and gas sector by 2030, when calculated from a 2020 baseline. The bank’s approach ensures … Read the full press release

Henkel Launches New Industrial Resin for End-Use Applications in Additive Manufacturing

(IN BRIEF) Henkel has launched a new industrial resin, Loctite 3D IND249, designed for end-use industrial applications. The high-temperature and high-strength material can print challenging geometries with fine feature resolution and offers low viscosity while still displaying high green strength, … Read the full press release

Peter Hauge Madsen Receives Poul La Cour Award for Dedication to Wind Energy Research

(IN BRIEF) Peter Hauge Madsen, former Head of the Department of Wind and Energy Systems at the Danish Technical University (DTU), has won this year’s Poul La Cour Award for his leadership and dedication in advancing the European wind energy … Read the full press release

European Customer Awards Rheinmetall Tank Ammunition Contract

(IN BRIEF) German technology company Rheinmetall has been awarded a contract worth over €200 million to supply tank ammunition to a European customer. The ammunition will be delivered between 2023 and 2025. Rheinmetall is the sole supplier of newly made … Read the full press release

Škoda Auto Set to Unveil Modern, Efficient Superb and Kodiaq Models in Autumn 2023

(IN BRIEF) Czech car manufacturer Škoda Auto has released silhouette images of the new-generation Superb hatchback and Combi estate versions and its top SUV, the Kodiaq, which will be unveiled separately in autumn 2023. The new vehicles will offer modern, … Read the full press release

Deutsche Bank to Acquire Numis Corporation in All-Cash Offer

(IN BRIEF) Deutsche Bank has agreed on the terms of an all-cash offer to acquire Numis Corporation Plc, a UK-based corporate broking and advisory house. The acquisition will allow Deutsche Bank to become a leading provider to more than 170 … Read the full press release

Digi Communications N.V. announces the amendment of the Company’s 2023 financial calendar

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V. has amended its 2023 financial calendar, with the publication of its financial statements now estimated for June 30, 2023. The General Meeting of Shareholders will be held after the publication of the financial statements, with … Read the full press release

Novamont Acquisition Set to Contribute to Decarbonization of Versalis’ Product Portfolio

(IN BRIEF) Versalis, Eni’s chemical company and shareholder of Novamont, has signed an agreement to acquire the remaining 64% of Novamont’s shares held by Mater-Bi. Novamont is a leading international company in the field of chemistry from renewable sources, and … Read the full press release

Vodafone Expands Mobile Network in Alpine Region with 5G and Emergency Call Technology

(IN BRIEF) Vodafone has expanded its mobile network in the Alpine region to cover 99.7% of populated areas, including eliminating 22 dead spots. The network expansion includes 78 new 5G stations and upgraded existing sites, resulting in a total of … Read the full press release

Skanska UK announces new President following retirement of Gregor Craig

(IN BRIEF) Skanska has announced the appointment of Katy Dowding as the new Business Unit President for Skanska UK, taking up her position from May 2, 2023. Dowding has been with the company for over 20 years, holding a variety … Read the full press release

Ericsson and AMD to collaborate on Cloud RAN solutions for 5G connectivity and beyond

(IN BRIEF) Ericsson has announced a collaboration agreement with AMD, aimed at boosting its Open RAN and Cloud RAN ecosystem commitment. The partnership seeks to enhance the performance of Cloud RAN and offer high-capacity solutions to communications service providers (CSPs). … Read the full press release

Ericsson partners with Dell for Cloud RAN offering, expanding open cloud networks

(IN BRIEF) Ericsson, a leading telecommunications equipment and service provider, has announced a collaboration with Dell Technologies to expand the ecosystem of Open RAN and Cloud RAN infrastructures. The collaboration involves Dell serving as a supplier of Dell PowerEdge servers … Read the full press release

ANDRITZ reports strong growth in Q1 2023 despite global economic slowdown

(IN BRIEF) International technology group ANDRITZ has announced significant growth in revenue and operating result, both of which increased by over 20% in the first quarter of 2023 compared to the same period the previous year. The company also reported … Read the full press release

AVANGRID’s Pachwáywit Fields Solar Farm Brings Clean Energy to Oregon

(IN BRIEF) AVANGRID, a sustainable energy company, has achieved commercial operation at the 162 MWac Pachwáywit Fields solar farm in Gilliam County, Oregon, becoming the state’s largest photovoltaic plant. The facility will deliver renewable energy to large customers and municipalities … Read the full press release

INEOS Olefins & Polymer Europe signs renewable power agreement with Skagerak Energitjenester for Norwegian plants

(IN BRIEF) INEOS Olefins & Polymer Europe has signed a deal with Skagerak Energitjenester to supply renewable energy to its Rafnes and Bamble plants in Norway. The plants will be provided with 100% green power generated from hydroelectric production, reducing … Read the full press release

Belgian microfinance institution microStart to benefit over 3,000 microenterprises through €30m EIF deal

(IN BRIEF) The European Investment Fund (EIF) has signed a guarantee agreement with microStart, a microfinance institution in Belgium, to provide at least €30 million of financing for microenterprises in the country. The deal, supported by the EU’s InvestEU program, … Read the full press release

Romanian lender Patria Bank secures €5m loan from European Investment Fund to boost microentrepreneurship

(IN BRIEF) The European Investment Fund (EIF) has provided a €5 million loan to Patria Bank, a Romanian lender that specializes in financing small and microentrepreneurs with limited access to finance. The Tier II subordinated loan transaction, supported by InvestEU, … Read the full press release

Kantar names SEB among Sweden’s top 10 most valuable brands

(IN BRIEF) SEB, a leading Swedish bank, has been ranked as the eighth most valuable brand in Sweden by Kantar, a global data analytics and brand consulting company. The ranking is based on a global survey of 20,100 brands in … Read the full press release

Arkema Unveils Easy3D Platform for On-Demand 3D Printing Materials Ordering

(IN BRIEF) Arkema, a French specialty chemicals company, has launched its new online platform called Easy3D, which allows users to select and order 3D printing materials online from trusted suppliers. With the help of a proprietary algorithmic selection tool, the … Read the full press release

European Investment Bank and Commission aim to bridge global climate finance gap with €18bn financing for partner countries

(IN BRIEF) The European Commission and the European Investment Bank have jointly announced an investment of €18 billion under the Global Gateway initiative, Europe’s investment strategy for partner countries. This investment will focus on the priority areas of Global Gateway, … Read the full press release

Arkema introduces new acrylic-based binders and additives for advanced battery cells

(IN BRIEF) Arkema, a global innovation leader in Kynar® PVDF electrode binders and separator coatings, has launched its sustainable waterborne acrylic solutions called the Incellion™ range. This new technology offers advanced acrylic-based binders, dispersants, and rheology additives that will allow … Read the full press release

Michelin launches exclusive NFT collection to enter the world of Web3

(IN BRIEF) Michelin, the French tire company, has announced its entry into the Web3 space with the launch of the Michelin 3xplorer Club, which is centered around an exclusive 5,000-piece NFT collection. The community will be open to all, and … Read the full press release

SEAT Group appoints new General Counsel and Director of Legal Affairs and Governance from Cuatrecasas

(IN BRIEF) Víctor Manuel Sánchez has been appointed as general counsel and Director of Legal Affairs and Governance for SEAT Group companies in Spain. He will be reporting to the CEO of SEAT S.A. and succeeding Thomas Meiers and Marco … Read the full press release

DHL Global Forwarding and Turkish Cargo to collaborate, leverage Istanbul airport’s SMARTIST facility

(IN BRIEF) DHL Global Forwarding and Turkish Cargo, the air cargo brand of Turkish Airlines, have signed a Memorandum of Understanding (MoU) to improve each other’s operational efficiency and enhance Istanbul’s potential as a logistics hub. Under the MoU, DHL … Read the full press release

Vodafone appoints Margherita Della Valle as new Group Chief Executive

(IN BRIEF) Vodafone Group Plc announced the appointment of Margherita Della Valle as Group Chief Executive. Della Valle has a long career at Vodafone in marketing, operational, commercial, and financial positions, and has been serving as interim Group Chief Executive … Read the full press release

Agricultural Solutions and Automotive Sectors Contribute to BASF’s Q1 2023 Sales

(IN BRIEF) Chemical company BASF reported a decline in sales for Q1 2023 of €20bn, down €3.1bn compared to the prior year quarter, due to lower demand in almost all segments. However, the Agricultural Solutions segment recorded a significant increase … Read the full press release

ONE SMART SPRAY: The New Name and Brand Identity for Bosch BASF Smart Farming’s Smart Spraying Solution

(IN BRIEF) Bosch BASF Smart Farming, a joint venture between Bosch and BASF Digital Farming, announced its new brand name as ONE SMART SPRAY. The new brand name also applies to its product, previously known as the Smart Spraying Solution, … Read the full press release

Leadec Strengthens Core Business with New Services Related to Electric Mobility and Sustainability

(IN BRIEF) Leadec achieved record sales of €1.129 billion in fiscal year 2022, with 90% of orders from existing customers extended and core business strengthened with new services related to electric mobility, sustainability, and smart factory. Leadec’s total output increased … Read the full press release