Daily Archives: 13, September 2023

Airbus Delivers Inaugural ‘Make in India’ C295 Aircraft to Indian Air Force

(IN BRIEF) Airbus Defence and Space has officially delivered the first of 56 C295 aircraft to the Indian Air Force (IAF), signaling the start of a process to replace the IAF’s aging Avros-748 fleet. The C295, configured for transport and … Read the full press release

Airbus Innovators Shortlisted for German Future Prize with CO2 Capture Breakthrough

(IN BRIEF) A team of engineers and a developer from Airbus has been shortlisted as one of the top three finalists for the prestigious German Future Prize 2023. Their nomination is in recognition of their innovative work in developing Direct … Read the full press release

Garpenberg Mine Prepares for Autonomous Rock Transport with Boliden and Volvo Autonomous Solutions

(IN BRIEF) Boliden, a prominent mining and smelting company, has teamed up with Volvo Autonomous Solutions (V.A.S.) in a strategic partnership aimed at introducing autonomous transport solutions in Boliden’s mining operations. Their first project will be initiated at the Garpenberg … Read the full press release

Wärtsilä’s Quest for Sustainable Solutions Gets a EUR 75 Million Boost from NIB

(IN BRIEF) The Nordic Investment Bank (NIB) and Wärtsilä Corporation, a Finnish technology group, have entered into a ten-year EUR 75 million investment loan agreement. This partnership aims to finance Wärtsilä’s research and development (R&D) activities from 2023 to 2025, … Read the full press release

EY Unveils EY.ai: A Game-Changing Platform Blending Human Expertise and AI for Business Transformation

(IN BRIEF) The global EY organization has launched a groundbreaking platform called EY.ai, which combines human expertise and artificial intelligence to help clients transform their businesses responsibly through AI adoption. EY.ai is supported by substantial investments and integrates AI into … Read the full press release

EIB Grants €60 Million Loan to Improve Maritime Accessibility at Port of Leixões

(IN BRIEF) The European Investment Bank (EIB) has agreed to provide a €60 million loan to Administração dos Portos do Douro, Leixões e Viana Do Castelo, S.A. (APDL) to fund enhancements in maritime accessibility at the Port of Leixões. This … Read the full press release

Team Resolute Unveils Advanced Design for UK Ministry of Defence’s Fleet Solid Support Ship

(IN BRIEF) Team Resolute, a consortium comprising Navantia UK, BMT, and Harland & Wolff, has revealed an evolved design for the Fleet Solid Support (FSS) ship, a key component of the UK Ministry of Defence’s (MoD) £1.6 billion ‘Manufacture Contract.’ … Read the full press release

Peruvian Cocoa Industry Adapts to European Regulations on Deforestation with Support from Solidaridad

(IN BRIEF) Peru’s cocoa industry, experiencing rapid growth in exports, faces the challenge of complying with new European Union regulations aimed at reducing deforestation in agricultural commodities. Solidaridad, in collaboration with partner organizations and the Peruvian government, is coordinating efforts … Read the full press release

Evonik Expands Precious Metal Powder Catalyst Plant in Shanghai to Meet Growing Demand

(IN BRIEF) Evonik Industries has successfully relocated and expanded its precious metal powder catalyst plant in the Shanghai Chemical Industrial Park (SCIP). Production at the new facility is set to commence in the fourth quarter of 2023. The expanded plant … Read the full press release

Ahlstrom Appoints New CFO and COO to Strengthen Leadership Team

(IN BRIEF) Ahlstrom, a specialty materials company, has announced the appointment of Niklas Beyes as Chief Financial Officer (CFO) and Wolfgang Laures as Chief Operating Officer (COO). Both individuals will join Ahlstrom’s Executive Management Team, with Beyes assuming his role … Read the full press release

ENERCON Unveils Innovative E-nacelle for Enhanced Wind Energy Converters

(IN BRIEF) ENERCON has introduced a new E-nacelle, a crucial component in wind energy converters, designed for improved efficiency and cost-effectiveness. This E-nacelle, based on innovative converter technology, eliminates the need for a steel frame, streamlining production processes. The company … Read the full press release

Continental Enhances Tire Sustainability by Incorporating Recovered Carbon Black

(IN BRIEF) Continental, the tire manufacturer, has integrated recovered carbon black (rCB) into its newly produced Super Elastic solid tires at its tire plant in Korbach, Germany. This initiative reduces the use of fossil raw materials and lowers CO2 emissions. … Read the full press release

Webasto Unveils Aesthetic Sensor Roof Module for Autonomous Driving, Using Covestro’s Polycarbonates

(IN BRIEF) Webasto, an automotive supplier, has revealed a prototype of an integrated sensor roof module designed for autonomous driving applications. To achieve this, Webasto employed Covestro’s transparent polycarbonate Makrolon® AG and the black PC-ABS Bayblend® T95 MF. Makrolon® AG … Read the full press release

ORLEN Group Selects Contractor for Onshore Wind Installation Terminal in Świnoujście Port

(IN BRIEF) The ORLEN Group has chosen Budimex as the contractor for the onshore portion of its installation terminal, designed to support offshore wind farms. Construction is set to commence in October and is expected to conclude by late 2024 … Read the full press release

Rheinmetall Supplies Ukraine with Advanced Mobile Field Hospital Worth €9 Million

(IN BRIEF) Rheinmetall has fulfilled its contract to provide Ukraine with a cutting-edge mobile field hospital, following an agreement with the German Ministry of Defence in September 2022. Valued at approximately €9 million, this state-of-the-art hospital consists of 32 beds, … Read the full press release

Eurex’s STIR Partnership Program Attracts 18 Global Participants for Euro STIR Derivatives Expansion

(IN BRIEF) Eurex, a leading derivatives exchange, has garnered significant interest in its Short-Term Interest Rate (STIR) Partnership Program extension. As of now, 18 participants from the U.S., U.K., and Continental Europe have registered for the program. This expansion aims … Read the full press release

Solaris Secures €150 Million Contract for Hydrogen Buses in Bologna, Venice, and Cologne

(IN BRIEF) Solaris, a major player in hydrogen-based zero-emission transport solutions in Europe, has secured significant contracts to supply hydrogen buses to Bologna and Venice in Italy, as well as Cologne in Germany. These contracts, totaling approximately €150 million, highlight … Read the full press release

Coface Survey Reveals German Companies’ Payment Trends and Pessimistic Business Outlook

(IN BRIEF) Coface’s latest survey on corporate payment experience in Germany indicates a return to normalcy in payment trends after the disruptions caused by the COVID-19 pandemic and the war in Ukraine. In 2023, more companies offered payment terms, resembling … Read the full press release

Seadrill Launches $250 Million Share Repurchase Program

(IN BRIEF) Seadrill Limited has initiated a share repurchase program, previously authorized by its Board of Directors, allowing the company to repurchase up to $250 million worth of its common shares. The program, which has no specified time limit, involves … Read the full press release

Malawi Launches Nationwide Rollout of Typhoid Vaccine for Children

(IN BRIEF) Malawi has initiated a nationwide rollout of the Typhoid Conjugate Vaccine (TCV), making it available for all children under 15. This move follows successful vaccine trials in the country, where over 7 million children received the TCV. The … Read the full press release

Liverpool Literary Festival 2023: A Diverse Lineup of Authors, Conversations, and Cultural Enrichment

(IN BRIEF) The University of Liverpool’s English Department is set to host the eighth annual Liverpool Literary Festival from October 6 to October 8. Led by Festival Director Professor Greg Lynall, the event promises a dynamic roster of authors, discussions, … Read the full press release

Empa and School Children Collaborate to Create Visionary Children’s Book on Circular Economy and Sustainability

(IN BRIEF) In a creative collaboration between Empa researchers, school children, and the St. Gallen University of Teacher Education, a visionary children’s book about the circular economy is being developed to inspire readers of all ages. The project, known as … Read the full press release

Indra Enhances Flight Safety at Incheon Airport with Cutting-Edge Navigation Systems

(IN BRIEF) Incheon International Airport Corporation (IIAC) has awarded a significant contract to Indra, further solidifying the company’s role in bolstering flight safety within the Republic of Korea. Indra is set to provide its advanced Normarc instrument landing systems (ILS), … Read the full press release

Neste’s Q3 Outlook Brightens as Oil Products Margin Surges; Equipment Inspection Slows Singapore Refinery Expansion

(IN BRIEF) Neste, a leading energy company, has reported an improved outlook for its Oil Products segment’s margin in the third quarter of 2023. Despite the ongoing volatility in oil markets, margins for diesel and gasoline in Northwest Europe have … Read the full press release

Italy Greenlights Tyrrhenian Link, a Major Milestone in Clean Energy Infrastructure

(IN BRIEF) Italy’s Ministry of the Environment and Energy Security has granted authorization for the Tyrrhenian Link, a transformative project by Terna connecting Sardinia, Sicily, and Campania via a direct current submarine power line. This crucial development, part of Italy’s … Read the full press release

Astrologia pode dar pistas sobre a separação de Sophie Turner e Joe Jonas

(NOTÍCIA EM BREVE) A notícia trata do divórcio de Joe Jonas e Sophie Turner, destacando a análise astrológica de seu relacionamento. Segundo o Astrolink, eles têm uma boa compatibilidade nos aspectos lunares, mas pouca afinidade nos signos solares, venusianos e … Read the full press release