Monthly Archives: September 2023

TotalEnergies to Expand High-Power EV Charging Network with 1,100 New Points Across Germany

(IN BRIEF) TotalEnergies has secured a contract to install and operate 1,100 high-power charge points (HPC) for electric vehicles (EVs) as part of the German government’s “Deutschlandnetz” initiative. These charging points, offering up to 200 kW charging power, will be … Read the full press release

Rolls-Royce Successfully Tests Gas Turbine for Hybrid-Electric Flight

(IN BRIEF) Rolls-Royce has achieved a significant milestone in the development of a small gas turbine designed to power hybrid-electric flight. The engine incorporates novel combustion technology, resulting in ultra-low emissions. This achievement marks the effectiveness of the compact, power-dense … Read the full press release

Vodafone Achieves Gender Parity on Board and Makes Strides in Domestic Abuse Prevention

(IN BRIEF) Vodafone is celebrated in the HeForShe Alliance Impact Report 2023 for achieving 50/50 gender parity on its board in 2022, marking a significant increase from 6% female representation in 2021. The report also highlights the impact of Vodafone … Read the full press release

Bentley Unveils ‘Belonging Bentayga’: Hand-Painted Luxury Car Celebrating Global Diversity

(IN BRIEF) Bentley Motors introduces the ‘Belonging Bentayga,’ a hand-painted Alpine Green Bentayga Hybrid featuring skylines and landmarks from various cities worldwide, each side representing a different continent. This artistic masterpiece was created by Stephen Wiltshire MBE, an autistic savant … Read the full press release

BAE Systems and Malloy Aeronautics Showcase T-600 Heavy Lift Uncrewed Air System in NATO Maritime Exercise

(IN BRIEF) BAE Systems and Malloy Aeronautics demonstrated the capabilities of the T-600 heavy lift uncrewed air system (UAS) during the NATO exercise REPMUS 2023 in Portugal. The T-600 is an electric-powered UAS with vertical take-off and landing capabilities, capable … Read the full press release

EIB Provides €50 Million for Bocconi University Campus Upgrades and Decarbonization

(IN BRIEF) The European Investment Bank (EIB) has signed a €50 million loan agreement with Bocconi University in Milan to support the modernization and decarbonization of its campus facilities. This initial tranche of €30 million will fund the construction, renovation, … Read the full press release

EIB Provides €175 Million Loan to Valmet for Sustainable R&D in Pulp, Paper, and Energy Industries

(IN BRIEF) The European Investment Bank (EIB) has signed a €175 million loan agreement with Valmet, a Finnish technology and services provider for the pulp, paper, and energy sectors. This financing will support Valmet’s research, development, and innovation activities, aiming … Read the full press release

EIB’s “Financing in Africa Survey 2023” Reveals Resilience and Challenges in African Banking Sector

(IN BRIEF) The European Investment Bank (EIB) has published its “Financing in Africa Survey 2023,” offering insights into the evolving financial landscape in Africa. Conducted in partnership with 33 leading banks across the continent, the survey highlights the challenges and … Read the full press release

EIB Engages in ASEAN Summit, Prioritizing Sustainable Investments and Green Transition

(IN BRIEF) The European Investment Bank (EIB) participated in the 43rd ASEAN Summit and related ASEAN Indo-Pacific Forum, focusing on sustainable initiatives, economic growth, and climate action in ASEAN countries. Vice-President Kris Peeters highlighted the EIB’s commitment to supporting green … Read the full press release

Arkema Boosts Global DMDS Production for Renewable Fuels

(IN BRIEF) Arkema, a leading producer of dimethyl disulfide (DMDS), is increasing its global production capacity of this vital additive at its Beaumont site in the United States. DMDS plays a crucial role in converting vegetable oils and agri-food waste … Read the full press release

Arkema to Implement Innovative Purification Technology for Reduced Emissions

(IN BRIEF) Arkema is set to introduce a groundbreaking purification technology at its Carling production site in France by 2026, aiming to cut CO2 emissions by 20%. This investment aligns with Arkema’s climate plan validated on a 1.5°C trajectory by … Read the full press release

Arkema Outlines Aggressive Growth Plan Fueled by Sustainability

(IN BRIEF) Arkema has revealed its ambitious growth strategy, aiming to achieve €12 billion in sales with an 18% EBITDA margin by 2028. This plan hinges on leveraging sustainable innovation and technologies, bolstering the company’s portfolio, and capitalizing on megatrends … Read the full press release

Arkema Invests €50 Million to Boost Organic Peroxide Production for Renewable Energy Initiatives in China

(IN BRIEF) Arkema, a global leader in specialty chemicals, has announced a substantial €50 million investment to expand its organic peroxide production capacities at its Changshu site in China. This strategic move, which is part of the company’s global expansion … Read the full press release

University of Exeter Achieves Global Top 50 Rankings for International Outlook and Research Quality

(IN BRIEF) The University of Exeter has secured impressive rankings in the Times Higher Education (THE) World University Rankings. It ranks 38th worldwide for International Outlook and 40th for Research Quality, out of over 1900 universities evaluated globally. These rankings … Read the full press release

University of Exeter Recognized for Supporting Economic Growth and Knowledge Exchange

(IN BRIEF) The University of Exeter has achieved recognition for its dedication to fostering economic growth and knowledge exchange, according to the Knowledge Exchange Framework (KEF) assessment by UKRI. The university has moved up to Cluster V, placing it among … Read the full press release

Universities of Exeter and Falmouth Sign Civic Agreement with Local Councils to Foster Regional Prosperity

(IN BRIEF) The Universities of Exeter and Falmouth have entered into a Civic University Agreement with Cornwall Council, the Council of the Isles of Scilly, and the Cornwall and Isles of Scilly Integrated Care Board. This collaboration aims to support … Read the full press release

Продюсер Михаил Пелег, как сообщается, работает над новым сериалом с участием крупной голливудской актрисы

CТАТЬЯ НЕДАВНО ОПУБЛИКОВАННАЯ ИЗДАНИЕМ SEEN & HEARD MEDIA РАСКРЫЛА ЭКСКЛЮЗИВНЫЕ ПОДРОБНОСТИ О НОВОМ ПРОЕКТЕ МИХАИЛА ПЕЛЕГА – СЕРИАЛЕ ПОД НАЗВАНИЕМ “CHRONOVERSE.” (ВКРАТЦЕ) Издание Seen & Heard Media опубликовало эксклюзивные детали о новом телевизионном проекте под названием “ChronoVerse,” который разрабатывается с … Read the full press release

Avedøre Power Station Partners with Ørsted for Innovative Carbon Capture and Storage Project

(IN BRIEF) Avedøre Power Station, located south of Copenhagen and operated by Ørsted, is embarking on an ambitious carbon capture and storage (CCS) initiative as part of its transition to greener energy sources. The power station, which has already phased … Read the full press release

Continental Launches AllSeasonContact 2 Tire: Enhanced Efficiency, Safety, and Driving Pleasure

(IN BRIEF) Continental has introduced the AllSeasonContact 2 tire just in time for the fall tire-changing season, promising improved efficiency, safety, and driving enjoyment throughout the year. This new all-weather tire addresses the typical challenges faced by all-season tires, particularly … Read the full press release

Kuehne+Nagel and Capgemini Collaborate to Offer Innovative Supply Chain Orchestration Services

Kuehne + Nagel International AG divests significant non-core assets in the UK

(IN BRIEF) Kuehne+Nagel and Capgemini have entered into a groundbreaking strategic agreement to establish an industry-leading supply chain orchestration service designed to offer comprehensive end-to-end solutions throughout the supply chain network. This strategic partnership aims to help businesses maintain agility … Read the full press release

LEGO Group Appoints Annette Stube as Chief Sustainability Officer to Drive Environmental Initiatives

(IN BRIEF) The LEGO Group has announced the appointment of Annette Stube as its Chief Sustainability Officer, effective from January 1, 2024. Annette, currently serving as the Executive Vice President and Head of Sustainability at Stora Enso, will report directly … Read the full press release

Skanska to Construct Innovative Wooden-Framed Hospital Building in Karlstad, Sweden

(IN BRIEF) Skanska has entered into an agreement with Region Värmland to construct a groundbreaking new reception building at the Central Hospital, CSK, located in Karlstad, Sweden. Valued at approximately SEK 740 million, this contract will be recorded as part … Read the full press release

NIB and Varanger Kraft Collaborate on Green Energy Upgrade and Hydrogen Production in Norway

(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a seven-year loan agreement with Norwegian utility company Varanger Kraft to support the upgrade of their hydrogen facility and the improvement of the electricity distribution network in Norway’s Varanger region. … Read the full press release

Plenitude, Eni’s Renewable Energy Arm, Expands Presence in Kazakhstan with 50 MW Photovoltaic Plant

(IN BRIEF) Plenitude, a subsidiary of Eni focused on renewable energy, has inaugurated its first photovoltaic plant in Kazakhstan near Shaulder village in the Turkistan Region. With an installed capacity of 50 MW, this facility marks Plenitude’s entry into the … Read the full press release

Škoda Teases Next-Gen Kodiaq SUV with Powerful and Emotive Design Elements

(IN BRIEF) Škoda Auto has offered a sneak peek at the exterior design of the upcoming new-generation Škoda Kodiaq, just one week before its world premiere. The sketches reveal a visually striking and modern SUV, showcasing key features such as … Read the full press release

BASF Launches Epispot™, a Sustainable Cosmetic Ingredient for Blemish-Prone Skin, Aligning with the #NoFilter Beauty Trend

(IN BRIEF) BASF Personal Care has introduced Epispot™, a sustainably sourced cosmetic ingredient designed to enhance the beauty and self-confidence of individuals with blemish-prone skin, a common issue affecting people worldwide regardless of gender, age, or ethnicity. Epispot addresses the … Read the full press release

Michelin’s Acquisition of Flex Composite Group Puts It at the Helm of High-Tech Fabric and Film Leadership

(IN BRIEF) Michelin has successfully completed its acquisition of Flex Composite Group (FCG) as part of its Michelin in Motion 2030 strategy, cementing its position as a leader in high-tech engineered fabrics and films. FCG, a European leader in this … Read the full press release

bp to Provide Power Trading and Optimization Services for HEIT’s 80MW Battery Storage Projects in the UK

(IN BRIEF) bp has entered into an agreement with Harmony Energy Income Trust (HEIT) to deliver physical power trading and optimization services for two battery storage projects in the UK. The projects, Hawthorn Pit (49.9MW / 99.8MWh) and Wormald Green … Read the full press release

bp Initiates Construction on 187MW Peacock Solar Project in Texas to Support Clean Energy Transition

(IN BRIEF) bp has commenced construction on the 187MWdc Peacock Solar project, located near Corpus Christi in Texas. This solar installation will generate renewable energy that will be sold to Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil … Read the full press release

Major Investment: Equinor and Ithaca Energy Greenlight $3.8 Billion Rosebank Project on UKCS

(IN BRIEF) Equinor and Ithaca Energy have committed $3.8 billion to Phase 1 of the Rosebank development in the UK North Sea. The project aims to recover around 245 million barrels of oil from the Rosebank field, located approximately 130 … Read the full press release

ING Repurchases Over 6 Million Shares in Latest Phase of €1.5 Billion Share Buyback Program

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced that it repurchased a total of 6,053,559 shares during the week of September 18, 2023, through September 22, 2023, as part of its €1.5 billion share buyback program initiated in May 2023. The shares were … Read the full press release

Axel Springer and BILD Receive Nova Innovation Award for Innovative Metaverse Concert Experience with Knossi

(IN BRIEF) Axel Springer and BILD have been honored with the Nova Innovation Award in the “Nova New Business Areas” category for their groundbreaking event experience in the Metaverse Club featuring a live concert by Twitch star and singer Jens … Read the full press release

Equinor and OMV Extend Gas Contract to Enhance European Supply Chain

(IN BRIEF) Equinor has entered into a new five-year gas sales agreement with OMV, Austria’s major energy company. Starting from October 1, this year, the deal involves an annual gas volume of 12 TWh, with delivery to OMV’s European portfolio … Read the full press release

Vienna Stock Exchange Launches Three New Thematic Indices to Reflect Long-Term Investment Trends in Central and Eastern Europe

(IN BRIEF) Vienna Stock Exchange has introduced three new thematic indices to reflect long-term investment trends in the Central and Eastern European (CEE) region. These indices are CECE Reshoring, CECE Commodity Producers, and CECE Clean Energy. CECE Reshoring comprises companies … Read the full press release

GRAHAM and Europa’s Crown Works Development in Birmingham Nears Completion of 203 Private Rental Units

(IN BRIEF) GRAHAM and Europa are progressing in their joint effort to develop 203 new homes for the private rented sector in Birmingham as the Crown Works development reaches its topping-out milestone. These apartments, developed by Xian Developments for Europa, … Read the full press release

TenneT’s DolWin6 Offshore Grid Connection Expands German North Sea Wind Energy Capacity to Over 8 GW

(IN BRIEF) Transmission system operator TenneT has successfully completed the DolWin6 offshore grid connection, adding over eight gigawatts of connection capacity for wind energy in the German North Sea. This marks the 13th German offshore grid connection managed by TenneT … Read the full press release

Swiss Bank Hypothekarbank Lenzburg Embraces Digital Securities via SDX Membership

(IN BRIEF) Hypothekarbank Lenzburg AG has joined SIX Digital Exchange (SDX), enhancing its presence in Switzerland’s digital asset ecosystem. SDX is a regulated financial market infrastructure for digital assets. This collaboration allows Hypothekarbank Lenzburg to explore issuing and listing native … Read the full press release

Cargill and Solidaridad Form $4.6 Million Global Partnership to Enhance Farmer Livelihoods and Sustainable Farming Practices

(IN BRIEF) Cargill and Solidaridad have initiated a strategic global partnership aimed at enhancing the livelihoods of farmers, promoting climate-friendly farming practices, and advancing conservation and responsible land use. Over a three-year period, the $4.6 million program will impact approximately … Read the full press release

Shareholder Value: Neste Declares Second Extraordinary Dividend of EUR 0.25

(IN BRIEF) Neste, a Finnish company, has decided to pay a second extraordinary dividend of EUR 0.25 per share, in addition to the regular dividend approved at its Annual General Meeting in March. The second extraordinary dividend will be paid … Read the full press release

Proptech Pioneer GROPYUS Collaborates with Automation Expert KUKA for Automated Modular Construction

(IN BRIEF) GROPYUS, a proptech firm specializing in sustainable modular construction, and KUKA, an automation specialist, have announced a groundbreaking collaboration to create a fully automated and digitally managed production facility at GROPYUS’s Richen site in Germany. The investment, valued … Read the full press release