Monthly Archives: May 2023

Global Design Competition by Bentley Motors and Dezeen Sets Stage for Sustainable Luxury Retail

(IN BRIEF) Bentley Motors and Dezeen have teamed up to launch a global design competition called ‘The Future of Luxury Retail’. The competition invites architects and designers to explore innovative ideas and experiences that will shape the luxury retail industry … Read the full press release

Precision Spraying Revolution: CNH Industrial to Introduce ONE SMART SPRAY Solution in Collaboration with Bosch and BASF

(IN BRIEF) CNH Industrial announces its collaboration with Bosch and BASF’s joint venture, introducing the ONE SMART SPRAY solution into its agricultural product portfolios. Led by CNH Industrial’s Raven team, the technology will be available in sprayers from the Case … Read the full press release

Amundi and CACEIS Collaborate to Strengthen Fund Channel’s Position in B-2-B Fund Distribution

(IN BRIEF) Amundi and CACEIS have successfully completed their strategic agreement to accelerate the growth of Fund Channel, a prominent B-2-B fund distribution platform. With CACEIS now holding a 33.33% stake and Amundi remaining the majority shareholder, Fund Channel aims … Read the full press release

Škoda Auto Demonstrates Dedication to Biodiversity Conservation with Global Sustainability Projects

(IN BRIEF) Škoda Auto demonstrates its commitment to biodiversity on the International Day for Biological Diversity by highlighting various initiatives and projects at its global production sites. These efforts include planting over 70,000 trees in 2023, conducting dendrological research and … Read the full press release

BNP Paribas Collaborates with EIB Group for the Third Synthetic Securitisation, Boosting Support for French Companies

(IN BRIEF) The European Investment Bank (EIB) Group, in collaboration with BNP Paribas, has launched a synthetic securitisation initiative to support French companies for the third time since 2017. The transaction involves an EIB Group guarantee on an existing loan … Read the full press release

Glencore plc Releases 2022 Sustainability Report, Demonstrating Commitment to ESG Initiatives

(IN BRIEF) Glencore plc has released its 2022 Sustainability Report, which is now available on its website. The report encompasses the company’s environmental, social, and governance (ESG) initiatives and aligns with global reporting standards and principles. It focuses on material … Read the full press release

BMT and QECC Drive Innovation in Navigation Training with Advanced Simulators

(IN BRIEF) BMT has partnered with QECC (Queen Elizabeth Class Carriers) to revolutionize navigation training through a multi-year pilot training program. The collaboration involves the optimization of BMT’s ship and tug bridge simulator suite to enhance the practice of challenging … Read the full press release

Iceland’s Keflavík Airport to Expand with EUR 50 Million Loan from NIB

(IN BRIEF) Nordic Investment Bank (NIB) and Isavia ohf. have signed a 10-year loan agreement worth EUR 50 million to finance the expansion of Keflavík International Airport in Iceland. The project includes the construction of a new East Wing Terminal, … Read the full press release

Cutting-Edge Gas-Fired Power Plant by ORLEN Group to Bolster Energy Security in Poland

(IN BRIEF) ORLEN Group is constructing a cutting-edge 560 MW gas-fired power plant in Grudziądz, Poland. This advanced facility aims to provide electricity to around one million households while effectively integrating renewable energy sources. With a highly flexible Combined Cycle … Read the full press release

KfW Development Bank’s Biodiversity Initiative, Legacy Landscapes Fund, Achieves Promising Results after Two Years

(IN BRIEF) KfW Development Bank celebrates the two-year anniversary of the Legacy Landscapes Fund (LLF), an initiative for biodiversity conservation. The LLF provides long-term financing for protected areas in developing countries, ensuring effective conservation efforts. It has achieved significant progress, … Read the full press release

TEGO® Cycle: Evonik’s Breakthrough Additives for Energy-Efficient Plastic Recycling

(IN BRIEF) Evonik, a specialty chemicals company, has launched TEGO® Cycle, a range of additives aimed at improving the process and quality of recycled plastics. The additives save energy during mechanical recycling and enhance polymer properties, facilitating the transition to … Read the full press release

Europe’s Digital Targets at Risk Without Regulatory Action, Warns Vodafone

Vodafone Urges Regulatory Reboot to Safeguard Europe's Digital Future

(IN BRIEF) Vodafone has warned that Europe’s digital future is at risk without a reboot of regulations. The company is calling for decisive action from the European Commission to address challenges in the telecommunications sector and ensure that Europe’s digital … Read the full press release

QSA Partners and University of Exeter Drive Circular Economy Transformation in UK Fashion Sector

(IN BRIEF) UK fashion and textiles industry is launching a pioneering project called the “data sandbox” to promote circular economy principles. Led by QSA Partners and in collaboration with the University of Exeter, the initiative aims to establish an extended … Read the full press release

EBRD’s Funding Package Bolsters DenizBank’s Commitment to Green Finance and Women-Led Enterprises in Türkiye

(IN BRIEF) EBRD provides $143.25 million to DenizBank for green investments, women-led businesses, and earthquake response. The financing package supports DenizBank’s Diversified Payment Rights program and includes funds for on-lending to green economy projects, women-led SMEs, and companies involved in … Read the full press release

EBRD Extends $23 Million Loan to Meros Pharm to Drive Expansion in Uzbekistan’s Pharmaceutical Industry

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a loan of $23 million to Meros Pharm, a leading pharmaceutical distributor in Uzbekistan. The loan will support Meros Pharm’s expansion plans by providing the necessary working capital … Read the full press release

Rolls-Royce Makes Aviation History with Successful UltraFan Technology Tests on Sustainable Fuel

(IN BRIEF) Rolls-Royce has successfully completed the first tests of its UltraFan technology demonstrator in Derby, UK. The tests were conducted using 100% Sustainable Aviation Fuel (SAF), marking a significant milestone for the company. The UltraFan technology offers a 10% … Read the full press release

SEAT Makes History as First Car Manufacturer to Utilize Recycled Materials from the Ocean

(IN BRIEF) SEAT is partnering with SEAQUAL INITIATIVE and Autoneum to enhance sustainability and circular economy efforts. SEAT becomes the first car manufacturer to utilize LABEL blue by BORGERS® recycled materials, which will help remove over 2 million plastic bottles … Read the full press release

Rice Production in Japan Set for Advancement as BASF, Kubota, and ZEN-NOH Launch Collaborative Project

(IN BRIEF) BASF, Kubota, and ZEN-NOH are collaborating to enhance rice production in Japan. The collaboration involves integrating BASF’s xarvio® FIELD MANAGER platform with Kubota’s KSAS operating platform to assess operability. The goal is to deliver greater convenience, increased yield, … Read the full press release

Major Renewable Energy Push: Repsol Unveils 1,768 MW Wind and Solar Projects in Italy

(IN BRIEF) Repsol is set to develop renewable energy projects in Italy, totaling 1,768 MW. The portfolio will consist of 943 MW of wind projects and 825 MW of photovoltaic solar projects. Over 60% of the projects are in advanced … Read the full press release

Partnership Between Guiné Bissau and Eni to Drive Environmental and Health Initiatives

(IN BRIEF) The Government of Guiné Bissau and Eni have signed a Memorandum of Intent (MoI) to explore collaboration opportunities in various areas, including exploration, climate solutions, agriculture, sustainability, and health. The MoI aims to promote sustainable growth, protect forests, … Read the full press release