Monthly Archives: June 2023

Glencore Completes Sale of Cobar Copper Mine to Metals Acquisition Corp

(IN BRIEF) Glencore, a global mining and commodities trading company, has completed the sale of its 100% interest in Cobar Management Pty Ltd (CMPL), the owner of the Cobar copper mine in New South Wales, Australia, to Metals Acquisition Corp … Read the full press release

Global Solar Leader, Lightsource bp, Launches New Madrid Headquarters to Drive Renewable Energy Transition

(IN BRIEF) Lightsource bp, a global leader in solar energy projects, has opened its new headquarters in Madrid, Spain. The company has experienced significant growth in just four years and has established itself as a leader in the Spanish renewable … Read the full press release

Petrinja’s Sustainable Reconstruction: EBRD Presents Findings for Post-Earthquake Recovery

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has shared the initial findings of a study on the sustainable reconstruction of Petrinja, Croatia, following a devastating earthquake in 2020. The study, funded by the government of Japan, aims … Read the full press release

EIF Provides €50 Million Guarantees to illimity Bank for SME Financing in Italy

(IN BRIEF) The European Investment Fund (EIF) has provided two guarantees totaling €50 million to illimity Bank to improve financing access for small and medium-sized enterprises (SMEs) in Italy. The guarantees, backed by the InvestEU program, focus on supporting SMEs … Read the full press release

Spanish Social Impact Fund ‘IB Deuda Impacto España’ Receives €30 Million Investment from EIF

(IN BRIEF) The European Investment Fund (EIF) has committed €30 million as a cornerstone investment in the ‘IB Deuda Impacto España’ fund, which supports Spanish businesses investing in high social impact areas. MicroBank, CaixaBank’s social arm, has also contributed €10 … Read the full press release

EIB Secretary General Barbara Balke Receives Recognition as LGBTIQ Ally by LGBT Great

(IN BRIEF) Barbara Balke, Secretary General of the European Investment Bank (EIB), has been named one of the Top 50 Executive Allies by LGBT Great. The recognition honors leaders in finance and business who have used their influence to support … Read the full press release

Flexible Workspaces and Innovative Design: Lindner Group Enhances Berlin’s Alexanderplatz

(IN BRIEF) Lindner Group has completed a tenant fit-out and technical building infrastructure project at the Pressehaus Podium in Berlin’s Alexanderplatz district. The modern working environments cater to media professionals and offer flexible office spaces for dynamic companies. Lindner’s comprehensive … Read the full press release

Global Building Materials Company Holcim Enters Guatemalan Market with Acquisition of Minerales y Agregados

(IN BRIEF) Holcim, a global building materials company, has announced the acquisition of Minerales y Agregados, a leading provider of advanced mortars and adhesives in Guatemala. This marks Holcim’s entry into the Guatemalan market and expands its Solutions & Products … Read the full press release

Saint-Gobain to Acquire Hume Cemboard Industries, Cementing Position in Malaysian Construction Market

(IN BRIEF) Saint-Gobain, a global building materials company, has announced its plans to acquire Hume Cemboard Industries (HCBI), a leading manufacturer of cement boards in Malaysia. HCBI’s lightweight cement boards are widely used in various construction applications and offer significant … Read the full press release

Electricity Interconnection: VINCI Wins Contract for France-Spain Power Link

(IN BRIEF) VINCI, in collaboration with VINCI Energies, VINCI Construction, and Hitachi Energy, has been awarded a contract by Electricity Interconnection France-Spain (INELFE) to construct two ground stations for an electrical interconnection project between France and Spain. The stations will … Read the full press release

Live Entertainment Meets Media Giants: Banijay Set to Acquire Majority Stake in Balich Wonder Studio

(IN BRIEF) Banijay, a prominent content group, has announced plans to acquire a majority stake in Balich Wonder Studio, a leading live entertainment company. The deal aims to create a global media and entertainment powerhouse by combining the strengths of … Read the full press release

Automotive Technology Advancement: Continental’s Plug & Play Concept Empowers Vehicle Manufacturers with Flexible HPC Integration

(IN BRIEF) Continental has unveiled a new Plug & Play solution for integrating high-performance computers (HPC) into vehicles. The modular and scalable concept allows for easy replacement and upgrades of computing modules while the vehicle is in use. The system … Read the full press release

Southwest Scotland Harnesses Clean Energy from Vattenfall’s South Kyle Wind Farm

(IN BRIEF) Vattenfall has inaugurated the South Kyle Onshore Wind Farm in southwest Scotland, its largest onshore wind farm in the UK. Once fully operational, the wind farm will have a capacity of 240MW, equivalent to powering 187,000 homes annually. … Read the full press release

Barry Callebaut to Deliver Chocolate Innovations for Unilever’s Ice Cream Portfolio in Extended Supply Agreement

(IN BRIEF) Unilever and Barry Callebaut have extended their strategic supply agreement for cocoa and chocolate. Barry Callebaut will continue delivering chocolate innovations for Unilever’s ice cream products, driving long-term growth. The partnership also focuses on supporting Unilever in achieving … Read the full press release

Siemens Introduces Groundbreaking LV Insights X Software to Enhance Grid Capacity in Energy Networks

(IN BRIEF) Siemens has unveiled LV Insights X software, a pioneering solution for managing low-voltage grids. The software enables distribution grid operators to address the challenge of increasing grid capacity while accommodating the rise of decentralized renewable energy and additional … Read the full press release

CASA SEAT Celebrates Three Years as Barcelona’s Premier Venue for Art, Music, and Ideas

(IN BRIEF) CASA SEAT, a prominent cultural hub in Barcelona, celebrated its third anniversary with a special event attended by notable guests from various sectors. Over the past three years, CASA SEAT has hosted around 700 events, including exhibitions, concerts, … Read the full press release

TotalEnergies Joins NextDecade in Developing Rio Grande LNG Plant in Texas

(IN BRIEF) TotalEnergies has signed a framework agreement with NextDecade to participate in the development of the Rio Grande LNG project in South Texas. As per the agreement, TotalEnergies will hold a 16.7% interest in the first phase of the … Read the full press release

DNV Provides Safety Verification for Project Greensand’s Pioneering CO2 Storage Solution

(IN BRIEF) DNV has officially verified the safety of Project Greensand’s CO2 storage in the North Sea. Project Greensand is a pioneering initiative that demonstrates the transportation of CO2 across borders and offshore storage to mitigate climate change. The safety … Read the full press release

DNV Research Reveals Growing Importance of Solar-Plus-Storage in Global Energy Transition

(IN BRIEF) DNV’s research highlights that solar-plus-storage solutions are crucial for enhancing the efficiency and resilience of global energy networks, according to 92% of energy industry professionals. Solar-plus-storage, often referred to as the “power couple,” addresses the intermittency issues of … Read the full press release

Poland’s ORLEN VC Backs Circunomics to Drive Electric Vehicle Battery Sustainability

(IN BRIEF) ORLEN VC, the largest corporate venture capital fund in Poland owned by the ORLEN Group, has invested in Circunomics, a platform for battery reuse and recycling in electric vehicles. The investment aims to reduce the carbon footprint of … Read the full press release

SEB Retains Title as Preferred FX Bank in Prospera’s Sweden Customer Survey

(IN BRIEF) SEB has maintained its position as the top Foreign Exchange (FX) bank in Prospera’s customer survey, reaffirming its status as the preferred FX-counterpart among Swedish corporates and institutions. The survey, based on interviews with 93 major players, evaluated … Read the full press release

Rheinmetall Commences Construction of Solar Park in South Africa, Advancing Sustainability Goals

(IN BRIEF) Rheinmetall has begun constructing a solar park at its site in Somerset West, South Africa. The solar park, fully funded by Rheinmetall, is expected to be operational by year-end. The initiative aims to reduce the company’s environmental impact … Read the full press release

BBS Automation Set for New Chapter as EQT Agrees to Sale with Dürr Group

(IN BRIEF) EQT, along with its co-shareholders, has agreed to sell BBS Automation to Dürr Group. BBS Automation, based in Munich, specializes in automating production processes and reducing energy consumption and waste. It offers customized assembly and testing solutions for … Read the full press release

ANDRITZ Expands Sustainability Efforts in Nonwoven Industry with New Pilot Line

(IN BRIEF) ANDRITZ, the international technology group, has installed a new spunlace pilot line at its center of competence in Montbonnot, France. The pilot line enables customers and partners to conduct trials for producing nonwovens using recycled and/or natural fibers … Read the full press release

Infineon Unveils Next-Generation CoolSiC™ MOSFETs for Automotive Applications, Enabling Efficient Bi-Directional Charging

(IN BRIEF) Infineon has introduced its new generation of 1200 V CoolSiC™ MOSFETs in TO263-7 packaging for automotive applications. These silicon carbide (SiC) MOSFETs offer high power density, efficiency, and enable bi-directional charging. They also reduce system costs in on-board … Read the full press release

Demand Soars for Savills Auctions, Prompting Recruitment Drive and Record Property Sales

(IN BRIEF) Savills Auctions has announced the addition of three new recruits to its team to meet the growing demand for its auction services. The hires bring expertise across the commercial sector, and their appointments come after a record-breaking year … Read the full press release

ABB Robotics and Junglekeepers Launch Innovative Project: Cloud-Enabled Robot Automates Amazon Reforestation

(IN BRIEF) ABB Robotics and Junglekeepers have partnered in a pilot project to automate reforestation efforts in the Amazon using Cloud technology. ABB’s cobot YuMi has been deployed to automate seed planting tasks, allowing volunteers to focus on other impactful … Read the full press release

Maersk Sets Sail with Sustainable Fuel: Green Methanol Powers World’s First Methanol-Enabled Container Vessel

(IN BRIEF) Maersk, a global leader in container logistics, has successfully secured green methanol for the maiden voyage of the world’s first methanol-enabled container vessel. The company has partnered with OCI Global to deliver green bio-methanol for the journey, which … Read the full press release

Impressive Rise: University of Liverpool Achieves Record High Graduate Outcomes

(IN BRIEF) The University of Liverpool has experienced a significant improvement in graduate prospects, as revealed by the latest data from HESA. The university has seen a 6% rise in graduates securing high-skilled employment within 15 months of graduation, reaching … Read the full press release

Royal Society of Chemistry Presents Harrison-Meldola Memorial Prize to Liverpool University Scientist Professor Anna Slater

(IN BRIEF) Professor Anna Slater from Liverpool University has been awarded the prestigious Harrison-Meldola Memorial Prize by the Royal Society of Chemistry. The prize recognizes her outstanding research and innovation in developing tools, particularly flow chemistry processes, to control the … Read the full press release

Chr. Hansen’s MyOli™ 6’-SL HMO Receives EU Approval for Infant Formula and Follow-On Formula

(IN BRIEF) Chr. Hansen has received approval from the EU for their 6’-SL HMO, the final addition to their MyOli™ 5 HMO Mix. This authorization allows the highest use level of 6’-SL in infant formula and follow-on formula in the … Read the full press release

Newcastle University Researchers Recognized for Groundbreaking Chemistry Discoveries

(IN BRIEF) Newcastle University researchers, Professor Akane Kawamura and Dr James Dawson, have been awarded prestigious prizes by the Royal Society of Chemistry. Professor Kawamura received the Jeremy Knowles Award for her innovative work in developing technologies and chemical probes … Read the full press release

Burghausen Site Expansion: Wacker Chemie to Create Over 100 Jobs in Semiconductor-grade Polysilicon Production

(IN BRIEF) Wacker Chemie AG plans to expand its capacity for cleaning semiconductor-grade polysilicon by setting up a new production line at its Burghausen site. The expansion will increase capacity by over 50% and enable the production of more powerful … Read the full press release

Rheinmetall Secures Multimillion-Euro Order for High-Voltage Electric Coolant Pumps from Major Automaker

(IN BRIEF) Rheinmetall has secured a significant order worth millions of euros for high-voltage electric coolant pumps from a major international automaker. The pumps will be used in the customer’s 800V architecture and offer advantages such as low friction, long … Read the full press release

Elisa Pioneers Seamless Software Upgrades on Live 5G Standalone Network in Partnership with Ericsson

(IN BRIEF) Elisa, in partnership with Ericsson, has become the first service provider in Europe to deploy the In-Service Software Upgrade (ISSU) capability on a live 5G Standalone (SA) network. This milestone allows Elisa to upgrade its core network software … Read the full press release

Iberdrola Mexico and Mexico Infrastructure Partners Agree on Asset Acquisition for $6 Billion

(IN BRIEF) Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have signed an agreement where MIP’s trust will acquire 55% of Iberdrola’s gross operating profit (EBITDA) in Mexico, including associated contracts and over 410 jobs. The agreement allows Iberdrola to focus … Read the full press release

FDA Accepts AstraZeneca’s NDA for Capivasertib Combination Therapy in Advanced Breast Cancer

(IN BRIEF) AstraZeneca’s new drug application (NDA) for capivasertib, in combination with Faslodex, has been accepted and granted Priority Review by the US FDA for the treatment of advanced breast cancer. The NDA is being reviewed under Project Orbis, which … Read the full press release

European Judicial Network Anniversary Plenary Meeting in Stockholm Highlights Cross-Border Cooperation Milestones

(IN BRIEF) The European Judicial Network (EJN) is celebrating its 25th anniversary. The EJN assists judges and prosecutors worldwide with day-to-day cooperation on criminal justice matters through a network of National Contact Points. The network has experienced a rise in … Read the full press release

European Investment Bank and Iberdrola to Drive Energy Transition with €1 Billion Agreement

(IN BRIEF) The European Investment Bank (EIB) and Iberdrola have signed a €1 billion financing agreement to accelerate the energy transition in Europe. The partnership aims to develop 19 solar power plants and 3 onshore wind farms in Spain, Portugal, … Read the full press release

Volkswagen’s Electric Cars Take Center Stage in “Miraculous: Ladybug & Cat Noir, The Movie” Collaboration

(IN BRIEF) Volkswagen has partnered with ZAG and Mediawan Kids & Family for the upcoming “Miraculous: Ladybug & Cat Noir, The Movie.” The exclusive partnership will feature Volkswagen’s fully electric cars in the animated film. Characters like Ladybug and Cat … Read the full press release