Monthly Archives: May 2023

Esforin’s Algorithmic Energy Trading Solution Gains Investment from SEB Greentech VC for Carbon Reduction Efforts

(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

Alfa Laval Leads the Way in Methanol Transition with Landmark Project for Chinese Shipowner

(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

Covestro Urges Innovative Recycling Technologies Ahead of UN Conference on Plastic Pollution

(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

RWE Secures Control of Nordseecluster Offshore Wind Project, Accelerating Renewable Energy Expansion

(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

Barclays Partners with Trade Ledger to Revolutionize Working Capital Finance for Corporate Clients

(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

Neste Joins Exclusive Group to Pioneer Science-Based Targets for Nature

(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

AkzoNobel Packaging Coatings Responds to BPA Restrictions with Bisphenol-Free Internal Coating Solution for Beverage Can Makers

AkzoNobel Packaging Coatings Responds to BPA Restrictions with Bisphenol-Free Internal Coating Solution for Beverage Can Makers

(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

Holcim at the Forefront of Science-Based Targets for Nature, Driving Sustainability in the Building Materials Industry

(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

Transparent and Credible: Citycon Enhances Sustainability Efforts with Updated Strategy for a Greener Future

(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

Amey’s Meticulous Restoration of Chetwyn Bridge Receives Prestigious Awards

(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

Stellantis Invests in Lyten’s Revolutionary Graphene-Based EV Batteries

Stellantis Invests in Lyten's Revolutionary Graphene-Based EV Batteries

(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

Environmental Accountability: Alma Media Implements Carbon Footprint Measurement for Digital Ads

(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

Kalmar Celebrates Production of 6,000th Machine at Shanghai Manufacturing Plant

(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

Italian Operator Air Corporate Signs Landmark Deal for 43 Helicopters with Airbus

(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

ANDRITZ and North American Stainless Partner for Cutting-Edge Cold-Rolling Mill and Line Upgrade Project

(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

WACKER Expands Production Capacity in Nanjing to Meet Growing Demand for High-Quality Binders

(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

TotalEnergies Invests in Ductor to Advance High-Nitrogen Organic Waste Processing Technology

(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

TotalEnergies Advances Methane Emissions Reduction Efforts with Colorado State University Partnership

(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

Former U.S. Representative Elaine Luria Joins BAE Systems, Inc. Board of Directors

(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

Electric Transport Initiative: Vattenfall and Coca-Cola Invest in Charging Infrastructure for Heavy Goods Vehicles

(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

Rheinmetall Chosen for Bundeswehr’s Modular Medical Facility Renovation Project

(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

ANDRITZ Tissue Machines Enhance Production at Liansheng Pulp & Paper’s Zhangzhou Mill

(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

EBRD Welcomes Canada’s Inclusion in HIPCA Partnership for Climate Action

(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

EBRD Joins Forces with Baltic Nations for MSCI Initiative, Strengthening Investor Appeal

(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

Finalists Announced for EIB Institute’s Social Innovation Tournament 2023

(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

2X Challenge Achieves Remarkable $16.3 Billion in Gender Lens Investments

(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

Bentley Drives Towards Carbon Neutrality with Launch of Sustainability Council and Publication of Sustainability Report

(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

Rolls-Royce Achieves Milestone in Pearl 10X Engine Testing for Falcon 10X

(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

Barclays Announces Scott McDavid and Ronnie Wexler as Global Heads of Equities

(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

European Investment Bank Commemorates Diversity Day Lëtzebuerg to Promote Inclusion in the Workplace

(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

Covestro Introduces Decovery® CQ 6010: Advancing Recyclable Paper Packaging with Bio-Based Barrier Coating

(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

Rheinmetall Hungary Renames Street at Zalaegerszeg Plant to ‘Rheinmetall Út’

(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

Iberdrola and IFC Join Forces to Support Clean Energy Initiatives in Developing Nations

(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

Volvo Group Partners with Vattenfall for Renewable Electricity Supply from Bruzaholm Wind Park

(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

Yara International Invests in Cutting-Edge Facility for Specialty Crop Nutrition and Biostimulants

(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

ESET Discovers Malicious Android App ‘iRecorder – Screen Recorder’ with Espionage Capabilities

(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

Digi Communications N.V. announces that conditional stock options were granted to executive directors of the Company based on the general shareholders’ meeting approval from 18 May 2021

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., 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

Groupe BPCE Announces the Appointment of Jean-Pierre Charles as CEO of Oney, Reinforcing Commitment to Change

(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

Vodafone’s Groundbreaking IoT Solution Mitigates Human-Wildlife Conflict for Conservation

(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