(IN BRIEF) Classification society DNV has joined a working group on methanol bunkering managed by the Standards Development Organisation at Singapore Chemical Industry Council (SCIC-SDO). The group aims to develop a Technical Reference for methanol bunkering in Singapore, the world’s … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Norway, Technology, Transportation & Logistics
Tagged alternative fuels, Alternative Fuels Insight, Cristina Saenz de Santa Maria, DNV, Lukasz Luwanski, methanol bunkering, SCIC-SDO, Singapore Maritime Week, Standards Development Organisation by Enterprise Singapore, Technical Reference, vessels
(IN BRIEF) Solvay, a global leader in specialty chemicals, has signed a license agreement with Guangxi Chlor-Alkali Chemical (GHCAC) to support the construction of a hydrogen peroxide megaplant at Qinzhou in China. The megaplant will complement GHCAC’s existing propylene oxide … Read the full press release
(IN BRIEF) The EU Senate-Kosovo Economic Summit was held in London on 20 April, where selected guests of entrepreneurs, industrialists, and global investors attended a closed-door event. The summit aimed to transform Kosovo’s economic position and strengthen its ties within … Read the full press release
(IN BRIEF) Stora Enso has launched Trayforma BarrPeel, a new board material for vacuum skin packs, which allows packaging of fresh food on recyclable paperboard trays. The solution reduces plastic to less than 10% of the tray, and is made … Read the full press release
(IN BRIEF) Experian has launched a new cloud-based fraud solution called Aidrian, powered by adaptive machine learning, to help businesses prevent fraud without impacting customer experience. It combines a customized machine learning model with device fingerprinting to classify transactions with … Read the full press release
(IN BRIEF) Deborah Hughes, a Samaritans Scotland volunteer, has been invited to a garden party hosted by HRH The King at the Palace of Holyroodhouse. Deborah provides emotional support to callers by working shifts around her full-time job in financial … Read the full press release
(IN BRIEF) Infineon Technologies and Schweizer Electronic are working on a solution to embed Infineon’s 1200 V CoolSiC™ chips directly onto printed circuit boards (PCB) in order to increase the efficiency of chips based on silicon carbide (SiC). The companies … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Germany, Industrial, Marketing, Technology
Tagged 1200 V CoolSiC™ chips, chip embedding, electric vehicles, Infineon Technologies AG, PCB, PCIM Europe 2023, printed circuit boards, p²Pack®, Robert Hermann, Schweizer Electronic AG, semiconductors, SIC, silicon carbide, Thomas Gottwald
(IN BRIEF) Barry Callebaut, a leading chocolate manufacturer, has announced its participation as a founding member of the Sustainable Coconut Partnership, an industry platform aimed at promoting responsible coconut production and market transformation at scale. The Sustainable Coconut Partnership seeks … Read the full press release
(IN BRIEF) Rheinmetall’s Sensors and Actuators division has secured a contract to supply over 150,000 HRB 1800 hydrogen recirculation blowers, worth a mid-double-digit million-euro range, to a new customer for use in buses and trucks. The hydrogen recirculation blowers improve … Read the full press release
(IN BRIEF) BPEA Private Equity Fund VIII, an affiliated investment fund of BPEA EQT, is set to acquire IMG Academy from Endeavor Group Holdings for USD 1.25 billion. IMG Academy, headquartered in Florida, provides a sports-focused boarding school, sports camps, … Read the full press release
Posted in Business, Education, Financial, Finland, Investment, Management, News, Sports
Tagged acquire, Andrew Fitzmaurice, BPEA EQT, Brent Richard, Endeavor Group Holdings, IMG Academy, Jack Hennessy, Kosmo Kalliarekos
(IN BRIEF) S&P Global has upgraded Metso Outotec’s credit rating to BBB with stable outlook, citing the successful integration and realized synergies, portfolio rationalization through selected divestments, and the company’s proactive management of pricing and costs to curb the effects … Read the full press release
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged Eeva Sipilä, Metso Outotec, S&P Global
(IN BRIEF) The Luxembourg Stock Exchange (LuxSE) and Chongwa (Macao) Financial Asset Exchange Co. (MOX) have signed a new Cooperation Agreement during the official visit of the Macao Special Administrative Region to Luxembourg. The agreement extends the scope of the … Read the full press release
(IN BRIEF) Extreme E, the electric off-road racing series, has released its second Sustainability Report in collaboration with EY, revealing its environmental footprint for Season 2. The report shows that the racing series maintained its carbon-neutral status while racing electric … Read the full press release
(IN BRIEF) Valio, a leading Finnish dairy company, has launched Valio Prime SMP, a new infant-grade skimmed milk powder designed to simplify the production process for infant milk formula (IMF) manufacturers while ensuring the highest microbiological quality. Valio Prime SMP … Read the full press release
Posted in Business, Commodities, Finland, Food & Beverage, Industrial, Management, News
Tagged Christina Maksimow, infant milk formula, Laura Enbom, Timo Pajari, Valio, Valio Prime SMP
(IN BRIEF) Inmarsat Government has announced the availability of its next-generation L-band Airborne Intelligence, Surveillance, and Reconnaissance Ultra-Lightweight (LAISR ULW) user terminal. The terminal, which is the latest addition to the company’s LAISR family of L-band terminals, delivers high availability, … Read the full press release
(IN BRIEF) Grupo Bimbo, the world’s largest baking company, has ordered seven electric trucks from Scania México, marking the first-ever Scania electric truck fleet in Latin America. The 2024-model 25P B4x2 rigid electric trucks will be driven on urban routes … Read the full press release
Posted in Automotive, Business, Industrial, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Alejandro Mondragón, electric truck, Grupo Bimbo, Latin America, Mexico, Scania
(IN BRIEF) George Bates, the current Head Coach of Loughborough Lightning Wheelchair Basketball, has been appointed as the Team UK Head Coach for Wheelchair Basketball at the upcoming Invictus Games. The Invictus Games is a multi-sport international competition for wounded, … Read the full press release
(IN BRIEF) Empa researcher Thomas Geiger has been part of a multinational EU project called “Hypelignum” to investigate the production of ecologically sustainable circuit boards for the electronics industry from cellulose fibers. The project aims to develop biodegradable electronics by … Read the full press release
(IN BRIEF) Swiss Re Reinsurance and Des Moines-based insurtech Benekiva have formed a strategic partnership to create an Integrated Claims Management Platform that combines Benekiva’s claims administration system with Swiss Re’s Claims Automated Rules Engine. The end-to-end platform supports digital … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Switzerland
Tagged Benekiva, Brent Williams, Carl Christensen, Claims Management Solution, partnership, Swiss Re
(IN BRIEF) Hyundai Heavy Industries (HHI) and Korea Shipbuilding & Offshore Engineering (KSOE) have received Approval in Principle (AiP) from Lloyd’s Register (LR) for their ammonia Floating Storage Re-Gasification Unit (FSRU) in Korea. The ammonia-FSRU can store liquefied ammonia transported … Read the full press release
(IN BRIEF) Continental, a technology company, is launching a roadshow in May 2023 that will travel to 35 different countries in Europe, showcasing its comprehensive tire management approach. The roadshow, titled “Your Business, Our Solutions,” will feature Continental’s latest sustainable … Read the full press release
(IN BRIEF) Infinum, one of Croatia’s leading IT companies, has joined the EBRD’s Blue Ribbon programme for SMEs, aimed at helping promising regional SMEs grow and develop into market leaders. Infinum provides business and technology consulting, digital design, and software … Read the full press release
Posted in Banks, Business, Financial, Investment, Management, News, Small Business, United Kingdom
Tagged Charlotte Ruhe, CROATIA, EBRD, Infinum, Nadia Petkova, Nikola Kapraljević, SME Programme, Victoria Zinchuk
(IN BRIEF) Rheinmetall has secured a major order for medium-calibre ammunition for infantry fighting vehicles from a European country, with the order volume exceeding €200 million net. The shipment is scheduled to take place between 2023 and 2025. Rheinmetall is … Read the full press release
Posted in Automotive, Business, Defence, Germany, Government, Industrial, Management, News
Tagged Ammunition, infantry fighting vehicles, Medium-Calibre, Rheinmetall
(IN BRIEF) Evonik has launched a new plasticizer product called ELATUR® TM, which belongs to the trimellitate group and offers a combination of high temperature resistance, low volatility, and low migration behavior. The new product is suitable for high-temperature cables, … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management, News, Technology
Tagged ELATUR® TM, Evonik, plasticizer, Roland Pietz, Sara Raschke
(IN BRIEF) Kapsch TrafficCom and Microsec have announced an expansion of their collaboration to provide comprehensive, modular, and secure corridor management solutions. The companies have jointly developed a security package based on standard IEEE 1609.2.1, which offers V2X-PKI security credentialing … Read the full press release
(IN BRIEF) Energy expert and assurance provider DNV has expanded its Singapore laboratory with new testing equipment to evaluate the safety of hydrogen transport and storage facilities. The lab includes a hydrogen-ready integrated solution for fatigue crack growth rate (FCGR) … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Norway
Tagged Brice Le Gallo, DNV, hydrogen, Lab Expansion, Singapore
(IN BRIEF) Stadtwerke Erfurt (SWE) and Transmission System Operator 50Hertz have signed a contract to construct a 20 MW Power-to-Heat Technology (PtH) plant at the Erfurt-Ost gas and steam turbine power plant site. The PtH plant will use electricity from … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News
Tagged 50Hertz Sign, CO2 emissions, Dr. Dirk Biermann, heat supply, Karel Schweng, partnership, SWE
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