Daily Archives: 19, October 2023

Dairy Giants FrieslandCampina and Hochwald Collaborate to Slash Costs and Carbon Emissions Through Milk Exchange

(IN BRIEF) Dairy companies Hochwald and FrieslandCampina have entered into a partnership to optimize milk collection and reduce transport costs and CO2 emissions. They will exchange member milk between their cooperatives, reducing the distance between dairy farms and processing locations. … Read the full press release

Heidelberg Materials Initiates Carbon Capture Pilot in Bulgaria, Advancing CCUS in Eastern Europe

(IN BRIEF) Heidelberg Materials has begun construction on a pilot carbon capture installation named ANRAV.beta at its plant in Devnya, Bulgaria. This pilot unit is a significant step towards the company’s larger ANRAV project in Bulgaria, the first full-chain carbon … Read the full press release

GSK’s ViiV Healthcare to Share Latest Advances in HIV Treatment and Prevention at EACS 2023

(IN BRIEF) ViiV Healthcare, a global specialist HIV company, will present 23 abstracts at the 19th Annual European AIDS Conference (EACS 2023). These abstracts will cover various aspects of HIV treatment and prevention, including real-world data on long-acting and 2-drug … Read the full press release

Lightsource bp and The Fashion Pact Team Up for Innovative Solar Power Agreement in Fashion Industry

(IN BRIEF) Lightsource bp has entered into a collective virtual power purchase agreement (CVPPA) with The Fashion Pact, a sustainability initiative in the fashion and textile industry. This CVPPA, associated with Lightsource bp’s solar portfolio in Spain, provides a long-term … Read the full press release

AstraZeneca: Soliris Gains Approval in China for Rare Neuromyelitis Optica Spectrum Disorder (NMOSD) Treatment

(IN BRIEF) Soliris (eculizumab) has received approval in China for the treatment of adult patients with neuromyelitis optica spectrum disorder (NMOSD) who are anti-aquaporin-4 (AQP4) antibody positive (Ab+). This makes Soliris the first and only complement inhibitor approved for NMOSD … Read the full press release

VINCI Airports Launches £100 Million Investment to Transform Belfast International Airport

(IN BRIEF) VINCI Airports has unveiled a £100 million, five-year investment plan for Belfast International Airport aimed at enhancing operational efficiency, passenger experience, and environmental performance. The initial phase involves constructing a state-of-the-art £25 million security building that will implement … Read the full press release

AF Gruppen’s Kanonaden Entreprenad Awarded Contract for Series Compensation Station in Isovaara to Boost Sweden-Finland Power Line

(IN BRIEF) AF Gruppen’s subsidiary Kanonaden Entreprenad has secured a contract to construct and install a new series compensation station in Isovaara for Svenska kraftnät. This project, carried out in collaboration with Hitachi Energy, is part of the Aurora Line, … Read the full press release

Ericsson Receives 5G Innovator of the Year Award for Second Consecutive Year at the edge Technology Leadership Awards 2023

(IN BRIEF) Ericsson has been awarded the “5G Innovator of the Year” at the edge Technology Leadership Awards 2023 for the second consecutive year. This recognition highlights Ericsson’s continued leadership in 5G technology and its dedication to advancing telecommunications infrastructure … Read the full press release

voestalpine Unveils Cutting-Edge Special Steel Plant in Kapfenberg, Austria, Enhancing Regional Economy and Sustainability

(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … Read the full press release

Autopista Central Leads the Way with Kapsch TrafficCom’s Pioneering MLFF Toll System in Santiago

(IN BRIEF) Kapsch TrafficCom has implemented an advanced toll collection system called MLFF (Multi-Lane Free Flow) in Santiago de Chile’s metropolitan area. This system facilitates over 1.6 billion transactions annually across nine urban highways in Santiago and extends to two … Read the full press release

Nominees for Brick Award 24 Unveiled: Celebrating Innovative Brick Architecture Worldwide

(IN BRIEF) The nominees for the Brick Award 24, an international prize for brick architecture, have been announced, with 50 projects selected from 743 submissions across 54 countries. These projects showcase innovative and sustainable uses of brick as a building … Read the full press release

ORLEN Group Enhances Energy Security with ‘Saint Barbara’ and ‘Ignacy Łukasiewicz’ LNG Vessels

(IN BRIEF) The ORLEN Group has added two new liquefied natural gas (LNG) vessels, ‘Saint Barbara’ and ‘Ignacy Łukasiewicz,’ to its fleet. These vessels, constructed by Hyundai Samho Heavy Industries, will commence sea service by the end of the year, … Read the full press release

Rheinmetall-Led FEDERATES Consortium Gains €30 Million EU Funding to Transform European Simulation Resources

(IN BRIEF) The FEDERATES consortium, led by Rheinmetall, has secured €30 million in funding from the European Union for an innovative training and decision support project. FEDERATES aims to create a “distributed synthetic simulation environment” that connects various simulation resources … Read the full press release

Accenture Expands Insurance Operations Capabilities with ON Service GROUP Acquisition in Germany

(IN BRIEF) Accenture has acquired ON Service GROUP, a prominent provider of business process services specialized in insurance operations in Germany. This strategic acquisition aims to enhance Accenture’s capabilities in insurance operations, allowing it to offer a wider range of … Read the full press release

Continental Announces New Head for Automotive Aftermarket Business

(IN BRIEF) Enno Straten has been named as the new head of Continental’s Automotive Aftermarket business segment, effective November 1, 2023. This segment deals with replacement and wear parts for passenger cars, including brakes, electronic components, service equipment, and batteries. … Read the full press release

Ricoh Introduces World’s First B2 Aqueous-Based Inkjet Press for Digital Printing

(IN BRIEF) Ricoh has unveiled the RICOH Pro Z75 digital press, the world’s first B2 perfecting sheetfed aqueous-based inkjet platform. This innovative press aims to accelerate the shift from offset to digital printing, offering higher print quality, faster turnaround times, … Read the full press release

MYTILINEOS Earns ‘AA’ Rating for ESG Excellence in MSCI Index

(IN BRIEF) MYTILINEOS Energy & Metals has achieved an “AA” excellent rating for Environmental, Social, and Governance (ESG) practices in the Morgan Stanley Capital International (MSCI) index. This recognition comes just one year after MYTILINEOS entered the MSCI ESG index … Read the full press release

Outokumpu Appoints Key Leaders for Feasibility Study in the Americas

(IN BRIEF) Outokumpu has appointed Michael Tecza as Project Director and Hugh Embrey as Technical Project Director to lead an ongoing feasibility study in the Americas. The study aims to increase cold-rolling capacity and explore options for hot-rolling arrangements in … Read the full press release

ANDRITZ to Boost Renewable Energy Capacity at French Waste-to-Energy Center

(IN BRIEF) ANDRITZ, an international technology group, has received an order from Idex, a leading energy services company in France, to supply a third waste treatment line to a waste-to-energy center in Villers-Saint-Paul, near Paris. This extension will increase the … Read the full press release

Shell Completes Sale of 35% Stake in Indonesia’s Masela Block and Abadi Gas Project

(IN BRIEF) Shell Upstream Overseas Services (SUOS) has successfully completed the sale of its 35% participating interest in Indonesia’s Masela Production Sharing Contract (Masela PSC) to PT Pertamina Hulu Energi and PETRONAS Masela Sdn. Bhd (Petronas Masela). This divestment includes … Read the full press release

Investor Conference: Neste’s Q3 2023 Earnings Report Date Revealed

(IN BRIEF) Neste, a leader in renewable and sustainable solutions, will release its financial results for the third quarter of 2023 on October 26, 2023, at 9 a.m. (EET) on its website. Additionally, Neste will host an investor conference call … Read the full press release

AFRY Announces Investor Briefing for Q3 2023 Report with Top Executives

(IN BRIEF) AFRY, a global engineering and consulting company, is inviting investors and analysts to join a presentation of their Q3 2023 report. The event will take place on Friday, October 27, at 10:00 CET and will feature CEO Jonas … Read the full press release

Merck Outlines Resilience and Growth Strategy, Targets Fiscal 2024 for Sales Uptick

(IN BRIEF) Merck, a leading science and technology company, has announced its expectation to return to organic sales growth in fiscal 2024. This was revealed during the company’s Capital Markets Day. Despite challenging market conditions in its Life Science and … Read the full press release

Škoda Auto Expands Production and Export Capabilities with New Parts Expedition Centre in India

(IN BRIEF) Škoda Auto has inaugurated a new Parts Expedition Centre in Pune, India, with a 16,000-square-meter facility dedicated to packaging completely-knocked-down (CKD) kits of the Kushaq and Slavia models produced in India. These kits will be exported to Vietnam … Read the full press release

BASF Announces Sustainable Beauty Days 2023 to Explore Eco-Friendly Practices in Personal Care

(IN BRIEF) BASF is hosting Sustainable Beauty Days 2023 on November 15 and 16, offering interactive sessions on sustainability topics. Thought leaders, scientists, and industry professionals will discuss sustainability trends, the intersection of sustainability and digitalization, new ingredient developments, and … Read the full press release

UK SMEs Report Modest Decline in Business Activity but Maintain Employment Growth in Q3 2023, NatWest SME PMI® Tracker

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) The NatWest SME PMI® Tracker for Q3 2023 indicates a modest reduction in business activity among UK small and medium-sized enterprises (SMEs) in September. Despite this decline, SMEs reported marginal employment gains, while large enterprises saw a renewed … Read the full press release

Atos Strengthens Commitment to Inclusive Digital World with Special Olympics Partnership

(IN BRIEF) In a transformative partnership, global technology leader Atos has joined forces with Special Olympics, a renowned nonprofit organization promoting inclusion through sports for individuals with intellectual disabilities. As part of this collaboration, Atos will provide essential digital services … Read the full press release

Orange Launches AMITIE Subsea Cable, Strengthening Transatlantic Connectivity

(IN BRIEF) Orange has launched the “AMITIE” mega submarine telecommunications cable, providing a transatlantic route connecting the United States and France. With a length of 6,800 km, 16 fiber pairs, and a capacity of 400 Tbps, AMITIE connects Lynn near … Read the full press release

Vattenfall to Unveil Q3 2023 Interim Report – Insights from CEO Anna Borg and CFO Kerstin Ahlfont

(IN BRIEF) In the forthcoming event, Vattenfall, a prominent energy company, will unveil its interim report for the period spanning January to September 2023. The report is scheduled to be published on October 26 at 08:00 CEST on the group’s … Read the full press release

Yueyang Forest & Paper to Achieve Sustainability Goals with ANDRITZ Fiberline Project

(IN BRIEF) ANDRITZ, a global technology group, is relocating and upgrading a fiberline for Yueyang Forest & Paper to produce premium-quality fibers for its advanced paper machine. Originally supplied in 2011, the fiberline will now be moved to Yueyang city, … Read the full press release

Scania Unveils Next-Generation Electric Trucks with Impressive Power and Range

(IN BRIEF) Scania has launched the production of its next-generation battery-electric regional trucks, which offer impressive power, range, and charging capacity. These electric trucks, equipped with green battery cells from Northvolt, can handle gross train weights of up to 64 … Read the full press release

Julien Bras of Grenoble INP-UGA Receives Arkema-Académie des sciences Prize for Sustainable Materials Innovation in Chemistry

(IN BRIEF) Julien Bras, a professor at Grenoble INP-UGA, has been awarded the Arkema-Académie des sciences prize for innovation in chemistry for sustainable materials. This prestigious award, financed by Arkema, recognizes exceptional research contributing to innovative chemistry for sustainable and … Read the full press release

Kapsch TrafficCom Receives Inclusion Award for ‘Responsible Annotation’ Project Supporting People with Disabilities

(IN BRIEF) Kapsch TrafficCom has received an award at the Austria’s Leading Companies ceremony for its “Responsible Annotation” project, which focuses on integrating people with disabilities into the workforce. The project, initiated in 2019, provides opportunities for young individuals at … Read the full press release

Continental Bolsters Mobile Robotics Expertise with Acquisition of KINEXON’s ‘Brain’ Division

(IN BRIEF) Continental has acquired KINEXON’s specialist division for on-board operating systems used in autonomous mobile robots (AMR). This acquisition strengthens Continental’s position in the field of mobile robotics and expands its expertise in software and hardware for AMRs. The … Read the full press release

VRG Components Welcomes New Austrian Independent Agent

(IN BRIEF) VRG Components, a global distributor of electronic components, has announced a partnership with Insistra, an Austrian-based agency. Both companies share a commitment to quality, timely deliveries, and customer service. Insistra will work with Austrian manufacturers to address supply … Read the full press release