Daily Archives: 4, October 2023

Green Electricity Deal: Iberdrola and TMD Friction Services Join Forces

(IN BRIEF) Iberdrola and TMD Friction Services have signed a 15-year contract for the supply of green electricity. Iberdrola will provide approximately 50 GWh of clean energy per year to cover over 50% of TMD’s electricity demand in Germany starting … Read the full press release

Kuehne+Nagel Takes a Step Forward in Road Logistics Sustainability with HVO Insetting

(IN BRIEF) Kuehne+Nagel, a global logistics leader, has launched a Book & Claim insetting solution for road logistics customers who purchase Hydrotreated vegetable oil (HVO) to reduce transport emissions. This offering complements existing solutions for maritime biofuels and SAF in … Read the full press release

Felix Haar Takes Charge of UniCredit Bank Austria’s Corporate Banking Business in Salzburg

(IN BRIEF) Effective from October 1, 2023, Felix Haar has assumed the role of Regional Director for Salzburg, responsible for UniCredit Bank Austria’s corporate banking business in the region. He succeeds Hartmut Staltner, who will transition to working on strategic … Read the full press release

AF Gruppen Secures SEK 134 Million Contract for Busör Sewage Treatment Plant Modernization

(IN BRIEF) AF Gruppen, a construction and engineering company, has been awarded a contract worth SEK 134 million (excluding VAT) for the construction and modernization of the Busör sewage treatment plant in Halmstad municipality. The project, undertaken as a turnkey … Read the full press release

Sika Unveils ‘Beyond the Expected’ Strategy 2028 with Aggressive Growth and Sustainability Goals

(IN BRIEF) Sika, a leading construction and industrial chemicals company, has presented its new Strategy 2028, titled “Beyond the Expected,” during its Capital Markets Day in Zurich. The strategy builds upon the company’s successful growth model and aims to further … Read the full press release

Viasat Launches ‘Viasat Beyond: Space’ Competition to Inspire the Next Generation of UK Space Innovators

(IN BRIEF) Viasat, a global leader in satellite communications, has initiated the ‘Viasat Beyond: Space’ competition aimed at nurturing the future generation of engineers, artists, scientists, and space enthusiasts in the UK. This competition targets students in years 12 and … Read the full press release

University-Led Defence Data Research Centre and The Alan Turing Institute Collaborate on Machine Learning for Toxin Exposure Identification

(IN BRIEF) The Defence Data Research Centre (DDRC), led by the University of Exeter and funded by the Defence Science and Technology Laboratory (Dstl), conducted its inaugural Data Study Group in collaboration with The Alan Turing Institute. This collaborative research … Read the full press release

University of Exeter-Led Team Wins Prize for AI-Driven Global Antibiotic Resistance Harmonization

(IN BRIEF) A team led by Professor Robert Beardmore at the University of Exeter has won an Innovation Award at the Vivli Antimicrobial Resistance (AMR) Data Challenge for their work in harmonizing thresholds for antibiotic resistance using artificial intelligence (AI). … Read the full press release

Bosch Power Tools to Acquire 50% Stake in FerRobotics for Contact-Sensitive Automation

(IN BRIEF) Bosch Power Tools plans to purchase around 50% of FerRobotics Compliant Robot Technology GmbH, a global leader in contact-sensitive automation. The deal, signed on September 29, 2023, aims to expand Bosch Power Tools’ presence in the accessories market … Read the full press release

Anglo American Showcases Low-Carbon POLY4 Fertilizer Production at Woodsmith Project

(IN BRIEF) Anglo American plc is hosting a visit for analysts and investors to its Crop Nutrients business, focusing on the Woodsmith project in North Yorkshire, UK. Woodsmith is designed as a modern underground mine to produce POLY4, a natural … Read the full press release

Metsä Fibre’s Kemi Bioproduct Mill Begins Operations with AFRY’s Comprehensive Support

(IN BRIEF) Finland’s largest investment in the forest industry, Metsä Fibre’s new Kemi bioproduct mill, successfully commenced operations on September 20, 2023. AFRY, a key contributor to the project, provided extensive services throughout its various phases, from initial studies and … Read the full press release

AFRY Capital Advises Orora on Proposed Acquisition of Saverglass, Strengthening Sustainable Packaging Leadership

(IN BRIEF) AFRY Capital is serving as joint financial advisor to Orora Limited, a prominent Australian manufacturer and distributor of sustainable packaging, in its planned acquisition of Saverglass, a leading global producer and distributor of premium glass bottles headquartered in … Read the full press release

ARTEC GmbH, Supported by Rheinmetall, Establishes UK Subsidiary for Boxer Armoured Transport Services

(IN BRIEF) ARTEC GmbH, a joint venture involving Krauss-Maffei Wegmann, Rheinmetall Landsysteme, and Rheinmetall Defence Nederland, has established a subsidiary called ARTEC Boxer UK Ltd. This UK-based subsidiary, wholly owned by ARTEC GmbH, will be responsible for providing service and … Read the full press release

Sanofi Collaborates with Janssen on Vaccine for Extraintestinal Pathogenic E. coli

(IN BRIEF) Sanofi has entered into an agreement with Janssen Pharmaceuticals, a subsidiary of Johnson & Johnson, to develop and commercialize a vaccine candidate for extraintestinal pathogenic E. coli (ExPEC) that is currently in Phase 3 of clinical trials. ExPEC … Read the full press release

Empowering Ukraine’s Youth: DHL and SOS Children’s Villages Forge New Partnership

(IN BRIEF) DHL Group and SOS Children’s Villages Ukraine have entered into a partnership to support young people facing socio-economic challenges due to poverty, conflict, or displacement. The GoTeach program, initiated by DHL, aims to empower youth by providing early … Read the full press release

Borealis and TotalEnergies Expand Petrochemical Venture with New Baystar Polyethylene Unit

(IN BRIEF) Borealis and TotalEnergies are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Pasadena, Texas. Representing a significant investment of USD 1.4 billion, this state-of-the-art unit, referred to as Bay 3, doubles … Read the full press release

ÖBB Rail Cargo Group and Ukrainian Railways Test New TransFER Route for Intermodal Freight Transport

(IN BRIEF) ÖBB Rail Cargo Group (RCG) in partnership with Ukrainian Railways (UZ) has launched the TransFER Vienna-Kyiv route, connecting Ukraine to RCG’s intermodal network, TransNET. The inaugural test train successfully transported non-craneable semi-trailers carrying building materials from Kyiv to … Read the full press release

Ahlstrom Expands Sustainable Packaging Tape Solutions with MasterTape® Pack

(IN BRIEF) Ahlstrom, a key player in the packaging tape industry, is extending its product range with the introduction of MasterTape® Pack, aimed at addressing the global demand for more sustainable packaging solutions. As e-commerce continues to grow, the need … Read the full press release

TotalEnergies and Borealis Enhance U.S. Petrochemical Presence with New Baystar Polyethylene Unit

(IN BRIEF) TotalEnergies and Borealis are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Bayport, Texas. This unit, with a capacity of 625,000 metric tons per year and an investment of USD 1.4 … Read the full press release

ING Completes Over 100% of €1.5 Billion Share Buyback Program

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

(IN BRIEF) ING has announced the successful progress of its €1.5 billion share buyback program initiated on May 11, 2023. During the week of September 25 to September 29, 2023, the bank repurchased 4,165,025 shares at an average price of … Read the full press release

Prudence Foundation Launches SAFE STEPS Kids Climate Change Program with Cartoon Network

(IN BRIEF) Prudence Foundation, the community investment arm of Prudential plc, has introduced a new thematic series called SAFE STEPS Kids Climate Change in collaboration with the International Federation of Red Cross and Red Crescent Societies (IFRC) and Cartoon Network. … Read the full press release

Lloyds Bank Launches Secure Digital ID App in Collaboration with Yoti

(IN BRIEF) Lloyds Bank has introduced a new digital identity app, “Lloyds Bank Smart ID,” developed in partnership with Yoti, a digital identity verification company. This app offers users a more private, secure, and convenient means of proving their age … Read the full press release

AXA Launches ‘We Care’ Program to Enhance Employee Well-being and Support

(IN BRIEF) Leading global insurer AXA has unveiled its ‘We Care’ program, designed to bolster the well-being of its 110,000 employees in 51 countries. The initiative, a cornerstone of AXA’s strategic plan for 2024-2026, consists of four core pillars, including … Read the full press release

European Investment Bank Extends €70 Million Loan to Bolster Armenian SMEs and Mid-Caps

(IN BRIEF) The European Investment Bank (EIB) is providing a loan of €70 million to the Central Bank of Armenia as part of the Armenian Economic Resilience Programme, backed by the European Fund for Sustainable Development Plus (EFSD+). This funding … Read the full press release