Daily Archives: 19, June 2023

Rheinmetall Introduces Compact Heat Pump Solution to Optimize Climate Control in Electric Vehicles

(IN BRIEF) Rheinmetall, a leading provider of automotive solutions, has introduced a plug and play heat pump designed to enhance thermal management in electric vehicles (EVs). The compact and preassembled heat pump offers efficient climate control in the passenger compartment … Read the full press release

EBRD and Mastercard Center for Inclusive Growth Strengthen Collaboration on Gender Equality and Small Business Support

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Mastercard Center for Inclusive Growth have announced an expansion of their collaboration on gender equality, small business support, and digital transformation. The Memorandum of Understanding (MoU) between the organizations … Read the full press release

EBRD and Türkiye Join Forces for Green Maritime Development and Climate Mitigation

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has launched a program to modernize Türkiye’s maritime sector and promote green investments and climate mitigation technologies. Developed in collaboration with the Turkish Ministry of Transport and Infrastructure and the … Read the full press release

Michelin Expands Presence in Engineered Fabrics and Films with Flex Composite Group Acquisition

(IN BRIEF) Michelin has announced its agreement to acquire Flex Composite Group (FCG) for an enterprise value of €700 million. FCG is a European leader in engineered fabrics and films, serving industries such as marine, supercars, electric vehicles, sports, and … Read the full press release

Rolls-Royce Expands Power Offering for Sustainable Aviation with Small Gas Turbine Testing

(IN BRIEF) Rolls-Royce has announced the commencement of testing for its new small gas turbine designed for hybrid-electric flight. The engine is part of a turbogenerator system developed for the Advanced Air Mobility market, catering to applications like eVTOL aircraft … Read the full press release

TotalEnergies Ramps Up Sustainable Aviation Fuel Production to Meet Growing Demand

(IN BRIEF) TotalEnergies is responding to the increasing demand for sustainable aviation fuel (SAF) by investing in multiple SAF production projects. By 2028, the company aims to produce half a million tons of SAF, meeting the European SAF blending mandate. … Read the full press release