(IN BRIEF) SEB Greentech Venture Capital has acquired a stake in Esforin, a German company specializing in algorithm-based energy trading solutions. Esforin’s innovative approach optimizes supply and demand in the energy market by allowing customers to inject energy back into … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Sweden, Technology
Tagged algorithm, battery storage, Christian Hövelhaus, electricity customers, energy market, Energy Services for Industry, Esforin, grid, intraday market, Markus Hökfelt, renewable energy, SEB Greentech Venture Capital, trading
(IN BRIEF) Alfa Laval, a leading provider of heat transfer and fluid handling technologies, is making significant progress in the marine industry’s fuel transition by securing a pioneering project for the installation of its methanol solutions on four container vessels … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Sweden, Technology, Transportation & Logistics
Tagged Alfa Laval, decarbonization, FCM Methanol-the low-flashpoint fuel supply system, four-stroke Wärtsilä methanol engines, fuel transition, LFSS, maritime, methanol, vessels, Viktor Friberg, WinGD methanol engine
(IN BRIEF) Covestro, a global provider of polymer materials, emphasizes the need for innovative recycling technologies ahead of the UN conference on plastic pollution. The company has already achieved success with its chemical recycling method and plans to establish a … Read the full press release
Posted in Chemicals, Environment, Germany, Industrial, Management, Science, Technology
Tagged chemical recycling, CIRCULAR FOAM, Covestro, Dr Markus Steilemann, INC-2, mattress foam recycling, novel chemical recycling, OECD, plastic recycling, plastic waste, plastic waste pollution, recycling technologies
(IN BRIEF) RWE, a global renewable energy company, has acquired full ownership of the Nordseecluster, a 1.6-gigawatt cluster of offshore wind farms in the German North Sea. The cluster, consisting of four sites, was previously co-developed with Northland Power, which … Read the full press release
(IN BRIEF) Barclays has announced its investment in Trade Ledger’s working capital orchestration platform, aiming to enhance its working capital finance solutions for corporate clients globally. The partnership will bring industry-leading credit management automation and end-to-end solutions to Barclays Corporate … Read the full press release
Posted in Banks, Business, Financial, Investment, Management, Technology, United Kingdom
Tagged Asset Based Lending, Barclays, credit management automation, credit solutions, Invoice Discounting, James Binns, Martin McCann, Selected Debtor Finance, Trade Ledger, Working capital finance solutions, working capital offering, working capital orchestration platform
(IN BRIEF) Neste, a global renewable fuels and sustainable solutions company, has been selected as one of the initial companies in the target validation group for science-based targets (SBTs) for nature by The Science Based Targets Network (SBTN). The group, … Read the full press release
(IN BRIEF) AkzoNobel Packaging Coatings has introduced a new bisphenol-free internal coating, called Accelshield 700, for beverage can ends. This coating provides can makers with an alternative to traditional coatings containing bisphenol A (BPA) and complies with FDA and EU … Read the full press release
(IN BRIEF) Holcim, a global building materials company, has been selected by the Science Based Targets Network (SBTN) to participate in piloting the world’s first science-based targets for nature. Holcim will submit its nature targets for validation in 2023, based … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Industrial, Management, Science, Switzerland, Technology
Tagged biodiversity, Biodiversity Indicator and Reporting System, BIRS, climate targets, Erin Billman, holcim, IUCN, Magali Anderson, SBTN, Science Based Targets Network, science-based targets for nature, WORLD’S FIRST SCIENCE-BASED TARGETS FOR NATURE
(IN BRIEF) Citycon, a real estate company, has updated its sustainability strategy to align with its ambitious goals for 2030. The new strategy focuses on six key areas: carbon neutrality, sustainable mobility, community engagement, sustainable value chain, circularity and natural … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Management, Real Estate
Tagged carbon neutrality, Circularity, Citycon, Community hub, greenhouse gas emissions, Kirsi Simola-Laaksonen, natural resources, real estate, sustainability strategy, sustainable mobility, Sustainable value chain
(IN BRIEF) Amey’s restoration project of the historic Chetwyn bridge in Staffordshire has received multiple industry awards. The Grade II* listed road bridge, the largest surviving pre-1830s cast iron bridge in England, underwent meticulous repairs to its ironwork and paintwork. … Read the full press release
Posted in Awards, Construction, Industrial, Infrastructure & Utilities, Management, United Kingdom
Tagged Alrewas, Amey, Bridge, cast iron Chetwyn bridge, CIHT West Midlands awards, David Williams, IHE Mercia Branch Awards, pre:1830s cast iron bridge, restoration, Richard Harris, road bridge, Staffordshire County Council, Staffordshire Grade II*
(IN BRIEF) Stellantis, a global automaker, has made an investment in Lyten, a Silicon Valley-based company known for its innovative 3D Graphene technology. The investment aims to accelerate the development and commercialization of Lyten’s breakthrough Lithium-Sulfur EV battery technology, lightweighting … Read the full press release
Posted in Automotive, Environment, Financial, France, Investment, Technology, Transportation & Logistics
Tagged 3D Graphene™ applications, battery, Carlos Tavares, Dan Cook, decarbonization, EV, graphene, Inflation Reduction Act, Lithium-Sulfur batteries, Lithium-Sulfur EV battery, lower carbon footprint, lowest emissions EV battery, Lyten, mobility, Silicon Valley, Stellantis
(IN BRIEF) Finnish publisher Alma Media becomes the first in the country to offer advertisers a carbon footprint calculation for digital campaigns. The calculation will measure the greenhouse gas emissions generated by advertising on Alma Media’s ad network and report … Read the full press release
(IN BRIEF) Kalmar, a subsidiary of Cargotec, celebrates a significant milestone as its manufacturing plant in Shanghai, China, completes the production of its 6,000th machine, a reachstacker. The machine is destined for Bodi International LLC in Mongolia. The Shanghai plant, … Read the full press release
(IN BRIEF) Italian business aviation operator Air Corporate has placed a firm order for 43 helicopters from Airbus, including 40 single-engine helicopters (H125/H130) and three ACH160s. This order, the largest commercial helicopter order by Airbus in Italy, will support private … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, has secured a significant order from North American Stainless (NAS) to supply a 20-high cold-rolling mill, a 4-high skin pass mill, and upgrade the existing annealing and pickling line #2 at NAS’s facility … Read the full press release
(IN BRIEF) WACKER has completed a capacity expansion project at its Nanjing site in China, which doubles its production capacity for vinyl-acetate-ethylene copolymer (VAE) dispersions and VAE dispersible polymer powders. The expansion, involving a new reactor and spray dryer, enables … Read the full press release
(IN BRIEF) TotalEnergies has acquired a 20% stake in Ductor, a Finnish start-up specializing in organic waste processing technology. This innovative solution allows the treatment of high-nitrogen organic waste for biomethane production, accelerating the development of the biogas value chain. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Investment, Technology
Tagged Bernard Fenner, biogas value chain, biomethane production, Ductor, energy transition, high-nitrogen organic waste, Olivier Guerrini, poultry manure, start-up, sustainable biofertilizers, TotalEnergies
(IN BRIEF) TotalEnergies is partnering with Colorado State University to develop an international protocol for methane emissions measurements as part of its commitment to reduce methane emissions. The collaboration aims to establish standards for the accuracy and detection limits of … Read the full press release
Posted in Energy, Gas & Oil, European Union, France, Industrial, Infrastructure & Utilities, Management, Technology
Tagged Colorado State University, Daniel Zimmerle, DG-ENER, DOE, European Commission, Global Methane Pledge, Marie-Noëlle Semeria, METEC, Methane Emission Technology Evaluation Center, methane emissions, Methane Guiding Principles, Pôle d’Etudes et de Recherche de Lacq, qualification of methane emission quantification technologies, qualification of methane emissions measurements, TADI, TotalEnergies, Transverse Anomaly Detection Initiatives, US Department of Energy, zero Methane emissions
(IN BRIEF) Former U.S. Representative and retired U.S. Navy Commander Elaine Luria has joined the Board of Directors at BAE Systems, Inc. Luria represented Virginia’s Second Congressional District from 2019 to 2023 and served on key committees related to defense … Read the full press release
(IN BRIEF) Iberdrola has unveiled a refreshed brand identity that aligns with its position as a sustainable and innovative leader in renewable energy. The new logo retains the recognizable icon while making it easier to apply in digital formats. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Marketing, Media, Spain
Tagged brand identity, Iberdrola, logo, renewable energy, SDG
(IN BRIEF) Vattenfall and Coca-Cola in Sweden have announced a collaboration to invest in electric heavy goods vehicles (HGVs). The initial phase of the project will involve installing three charging stations at Coca-Cola Europacific Partners’ plant in Jordbro, near Stockholm. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Sweden, Technology, Transportation & Logistics
Tagged charging stations, charging stations for trucks, climate targets, Coca-Cola, Coca-Cola Europacific Partners, Environmental Product Declaration, EPD, Good Environmental Choice, Ingela Hålling, Jordbro, Lillgrund wind farm, Lisa Wahlström, powering electric transport, Stockholm, Vattenfall
(IN BRIEF) Germany’s Federal Office for Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) has selected Rheinmetall to remodel modular medical facilities. The project involves creating specialized modular medical facility containers, including food safety laboratories, for the Bundeswehr. The contract … Read the full press release
(IN BRIEF) Liansheng Pulp & Paper (Zhangzhou) Co., Ltd. has successfully launched two ANDRITZ tissue machines at its mill in Zhangzhou, China. The machines, known as PrimeLineTM W 2000, have a design speed of 2,000 m/min and a working width … Read the full press release
Posted in Austria, Business, Industrial, Technology
Tagged Andritz, CHINA, Fan Lele, FibreSolve FSV pulpers, Fujian Province, HC refiners, household paper production, LBKP, Liansheng Paper Group, Liansheng Pulp & Paper, NBKP, packaging paper, PrimeDry Steel Yankees, PrimeLineTM W 2000, pulp screw press, tissue machines, Zhangzhou
(IN BRIEF) Canada has joined the European Bank for Reconstruction and Development (EBRD)’s High-Impact Partnership for Climate Action (HIPCA), strengthening its support for climate action. HIPCA, launched at COP26 in 2021, focuses on combating climate change and environmental degradation through … Read the full press release
(IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. This integration will raise the region’s profile among international investors who track … Read the full press release
Posted in Banks, Estonia, European Union, Financial, Investment, Latvia, Lithuania
Tagged Arvils Aseradens, Capital Markets Union initiative, EBRD, EC, Estonia, European Union, Gintarė Skaistė, index construction, index maintenance, Jim Turnbull, Kaarel Ots, Latvia, Lithuania, Mart Võrklaev, MSCI initiative, Nasdaq Baltic, Securities, The European Commission, The MSCI Baltic Index, Valdis Dombrovskis
(IN BRIEF) The EIB Institute’s Social Innovation Tournament has announced the 15 finalists for its 2023 edition. These social entrepreneurs, hailing from 10 European countries, were selected from a pool of 284 candidates. Their innovative solutions aim to generate social, … Read the full press release
Posted in Banks, European Union, Financial, Government, Investment, Luxembourg, Small Business
Tagged 2023 Social Innovation Tournament, detecting early dementia, EIB Institute Social Innovation Tournamen, Europe’s best impact entrepreneurs, GREEN HYDROGEN, inclusion in housing, protecting cultural heritage, SIT Alumni Network, Social Entrepreneurs, venture philanthropists
(IN BRIEF) 2X Global, an initiative launched by Development Finance Institutions (DFIs), has exceeded its target of raising $15 billion in gender lens investments. From 2021 to 2022, the initiative raised a total of $16.3 billion, benefiting 473 businesses across … Read the full press release
Posted in Banks, Business, Financial, Investment, Luxembourg, Management, Small Business, Society
Tagged 2X Global, ADP III, African Development Partners III Fund, development finance institutions, DFIs, DPI, female-led MSMEs, G7 Summit, gender equality, gender finance, gender lens investments, gender-smart businesses, HCGF IV, Horizon Capital, Jessica Espinoza, Kashf Foundation, Lori Kerr, SDGs 5, The 2X Challenge, Thomas Östros, UKRAINE
(IN BRIEF) Luxury automotive brand Bentley has launched its Bentley Sustainability Council, consisting of three experts, as part of its commitment to sustainability. The council will advise the company on its Beyond100 strategy and help achieve carbon neutrality by 2030. … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Industrial, Management, United Kingdom
Tagged Adrian Hallmark, Bentley, Beyond100 strategy, Dr Andrew Dent, Dr Nicholas Garrett, Dr Sally Uren, sustainability, Sustainability Report, sustainable luxury mobility, The Bentley Sustainability Council, value chain
(IN BRIEF) Rolls-Royce has made significant progress in the development of its Pearl 10X engine, designed to power Dassault’s Falcon 10X business jet. With over 1,500 testing hours completed, the engine has demonstrated its reliability and ability to meet performance … Read the full press release
(IN BRIEF) Barclays has announced the appointment of Scott McDavid as Global Head of Equities and Ronnie Wexler as Global Head of Equities Distribution. Scott, formerly from Morgan Stanley, will lead the Barclays Global Equities team, while Ronnie, previously at … Read the full press release
Posted in Banks, Financial, Management, United Kingdom
Tagged Adeel Khan, appointment, Barclays, equities, equities trading, leadership, NYDIG, Ronnie Wexler, Scott McDavid, Stephen Dainton
(IN BRIEF) The European Investment Bank (EIB) celebrated Diversity Day Lëtzebuerg, Luxembourg’s national day of diversity, as part of European Diversity Month. The event, organized by the Diversity Charter Lëtzebuerg, aimed to promote diversity and inclusion in the workplace. The … Read the full press release
(IN BRIEF) Covestro has developed Decovery® CQ 6010, a partially bio-based barrier coating resin that enables recyclable paper packaging. By replacing polyethylene (PE) and aluminum layers in food packaging, Decovery® CQ 6010 reduces waste and improves recyclability. The resin provides … Read the full press release
Posted in Chemicals, Environment, Food & Beverage, Germany, Technology
Tagged aluminum, Covestro, Davide Reverdito Bove, Decovery® CQ 6010, Food Packaging, moisture vapor transmission rate, MVTR, packaging, paper food packaging, partially bio-based barrier coating resin, PE, polyethylene, recyclability, recyclable paper packaging, reducing waste
(IN BRIEF) Rheinmetall Hungary Zrt., a joint venture between Rheinmetall and the Hungarian state, has renamed a street at its Zalaegerszeg plant to “Rheinmetall Út.” The plant is undergoing expansion to become a modern development, production, and testing center for … Read the full press release
(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment
Tagged Alfonso García Mora, APLMA, clean energy, decarbonization, Electropaz, energy transition, Iberdrola, IFC, International Finance Corporation, José Sainz Armada, NEOENERGIA, Sowitec Vietnam, Termopernambuco, World Bank Group
(IN BRIEF) Volvo Group has entered a long-term agreement with Vattenfall, Sweden’s largest renewable electricity producer, to purchase 50% of the renewable electricity generated at the Bruzaholm wind park over a 10-year period. The partnership is part of Volvo Group’s … Read the full press release
(IN BRIEF) Yara International, a leading crop nutrition company, has announced plans to construct a state-of-the-art production plant for specialty crop nutrition products and biostimulants. The plant, set to be one of the largest globally, aims to meet the growing … Read the full press release
(IN BRIEF) Researchers at ESET have discovered a malicious Android app called iRecorder – Screen Recorder that was initially available on Google Play as a legitimate app. The app, which had over 50,000 installations, had malicious functionality added in August … Read the full press release
Posted in Internet & Online, News, Slovakia, Technology, Telecom
Tagged AhMyth Android RAT, AhRat, ESET, Google Play, iRecorder, Lukáš Štefanko, malicious app, Screen Recorder, trojanized Android app
(IN BRIEF) Digi Communications N.V., a European telecommunications company, has announced the granting of conditional stock options to its executive directors. This action was approved during the general shareholders’ meeting on May 18, 2021. On May 19, 2023, a total … Read the full press release
Posted in Belgium, Financial, Investment, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Autoriteit Financiële Markten, conditional class B stock options shares, conditional stock options, DIGI COMMUNICATIONS N.V., executive directors, Romanian Financial Supervisory Authority, stock option shares, stock options, TELECOM
(IN BRIEF) Jean-Pierre Charles has been named the Chief Executive Officer of Oney by BPCE and ELO (formerly Auchan Holding), effective from June 5, 2023. With his extensive experience in consumer finance and retail industries, Charles is set to lead … Read the full press release
Posted in Banks, Financial, France, Management
Tagged appointment, BPCE, Catherine Gueguen, Elo, Jean-Pierre Charles, LaSer Group, Oney, Yves Tyrode
(IN BRIEF) Vodafone is tackling the issue of human-wildlife conflict with a new IoT solution designed to promote peaceful coexistence between humans and wildlife. The technology utilizes a combination of solar power, rechargeable batteries, and cameras equipped with advanced algorithms … Read the full press release
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