Daily Archives: 22, November 2023

Maersk and Goldwind Sign Groundbreaking Green Methanol Offtake Agreement for Sustainable Shipping

(IN BRIEF) A.P. Moller – Maersk has entered into an offtake agreement with Goldwind, a leading global clean energy developer, marking a significant milestone in the global shipping industry’s adoption of green methanol. This long-term agreement extends into the next … Read the full press release

University of York Unveils CoSTAR LiveLAB, Pioneering Innovations in Live Performance Technology

(IN BRIEF) The University of York is spearheading the advancement of live events with the introduction of the CoSTAR LiveLAB, an innovative research and development facility situated at Production Park in Wakefield. Part of the £75.6 million UK R&D network … Read the full press release

University of Liverpool Study Advocates for National Database to Monitor Drug-Related Incidents at UK Music Festivals

(IN BRIEF) A study led by the University of Liverpool is urging the implementation of a national database to track drug-related medical incidents at UK music festivals. The lack of standardized reporting processes and data accessibility has made it challenging … Read the full press release

CRH Announces Agreement to Sell European Lime Operations to SigmaRoc for $1.1 Billion

(IN BRIEF) CRH plc, a leading provider of building materials solutions, has revealed plans to divest its lime operations in Europe to SigmaRoc plc for approximately $1.1 billion, pending customary conditions and regulatory approvals. The divestment includes 16 operating locations … Read the full press release

Michelin and French Trade Unions Sign Pact to Enhance Employee Mobility and Support

(IN BRIEF) Michelin, the tire manufacturing giant, has entered a collaborative agreement with trade unions in France to enhance the career development of its 16,000 employees in the country. The three-year deal focuses on promoting internal mobility, offering personalized support … Read the full press release

ISID and AVL Forge Innovative Partnership to Revolutionize Manufacturing Processes

(IN BRIEF) In a groundbreaking collaboration, Information Services International-Dentsu (ISID) and AVL, headquartered in Tokyo and Graz, Austria, respectively, have joined forces to reshape product development in the manufacturing industry. Their shared mission is to offer advanced digital solutions and … Read the full press release

Neste Collaborates with Altens and Bolloré Energy to Introduce Renewable Diesel in France

(IN BRIEF) Neste is teaming up with French fuel distributors Altens and Bolloré Energy to introduce Neste MY Renewable Diesel™ to the French market starting in January 2024. This collaboration aims to significantly reduce greenhouse gas emissions in the transportation … Read the full press release

Neste and Emirates Team Up for Groundbreaking Air Travel with A380 SAF Engine Trial

(IN BRIEF) Emirates has conducted a pioneering Airbus A380 demonstration flight with one engine powered by Neste’s sustainable aviation fuel (SAF). This milestone demonstrates SAF’s compatibility and potential as a sustainable alternative to traditional jet fuel. The flight, which took … Read the full press release

Skanska Affirms Financial Targets at Capital Markets Day in London

(IN BRIEF) Skanska, a construction and development company, reaffirmed its existing financial targets during its Capital Markets Day in London. The Group President and CEO, Anders Danielsson, provided an update on the business strategy and commercial direction moving forward. Skanska … Read the full press release

Alstom Secures Major Contract to Implement NExTEO Signalling System in Paris

(IN BRIEF) Alstom, a global leader in sustainable mobility, has secured a significant contract valued at nearly 300 million euros to implement the NExTEO signalling system on the RER¹ B and RER D lines in the Île-de-France region. This contract … Read the full press release

BMT and Strategic Marine Form Partnership to Advance Sustainable Offshore Wind Crew Vessels

(IN BRIEF) BMT has entered into a Long-Term Agreement (LTA) with Singapore-based Strategic Marine, aiming to drive the offshore wind crew vessel industry toward greater sustainability. This partnership will focus on enhancing the StratCat range of Crew Transfer Vessel (CTV) … Read the full press release

Construction Leader Hilti Adopts SAP’s Circular Economy Tool for Resource Optimization

(IN BRIEF) SAP has revealed that The Hilti Group, a leading provider of hardware, software, and services to the construction industry, is using the Circelligence solution to enhance its resource circularity. Developed with Boston Consulting Group (BCG), the tool is … Read the full press release

Marloes van Kooten to Take Over as Managing Director Purchasing at Witt Group

(IN BRIEF) Marloes van Kooten will be joining the Witt Group management team on March 1, 2024, with plans to succeed Stefanie Zühlke-Schmidt as Managing Director Purchasing on September 1, 2024, following a six-month onboarding period. Marloes brings over 30 … Read the full press release

Viasat’s Arctic Satellite Broadband Project Moves Forward with Successful Thermal Vacuum Testing

(IN BRIEF) Viasat, a global leader in satellite communications, has achieved a significant milestone in its Arctic Satellite Broadband Mission. The second satellite in the project, led by Space Norway subsidiary Heosat, has completed thermal vacuum testing at Northrop Grumman’s … Read the full press release

Merck Expands Biologics Testing Center in China to Support Local Biopharma Innovation

(IN BRIEF) Merck has completed the second phase of its new €29 million Biologics Testing Center in China, adding 1,500 square meters to the facility. This expansion includes the first biosafety laboratories for Merck in the Chinese market, enabling clients … Read the full press release

Iberdrola Partners with Lisbon City Council to Illuminate Historic City Hall

(IN BRIEF) Iberdrola, through its Foundation, has entered into a collaborative agreement with the Lisbon City Council to undertake an ornamental lighting project for the Paços do Concelho. The project involves the replacement and refurbishment of the lighting on the … Read the full press release

North Seas Energy Ministers Pledge to Build 260 GW of Offshore Wind Power by 2050

(IN BRIEF) Energy Ministers from ten North Seas Energy Cooperation (NSEC) countries, including the Netherlands, convened in The Hague, where they agreed on an updated NSEC Action Agenda aimed at boosting the expansion of offshore wind power in Europe. The … Read the full press release

GSK Initiates Phase III Trials for Low Carbon Inhaler to Drastically Cut Emissions

(IN BRIEF) GSK, a leading pharmaceutical company, has unveiled plans to conduct Phase III trials in 2024 for a low carbon version of its popular inhaler, Ventolin (salbutamol). The initiative aims to reduce greenhouse gas emissions associated with the inhaler’s … Read the full press release

Neste and Hightowers Petroleum Partner to Provide High-Quality Renewable Diesel in Midwest

(IN BRIEF) Neste has teamed up with Hightowers Petroleum to offer Neste MY Renewable Diesel™ in the Midwest region. This strategic partnership aims to meet the growing demand for lower-emission fuels, particularly from the automotive industry. Neste MY Renewable Diesel, … Read the full press release

Kapsch TrafficCom AG Successfully Completes Placement of 1.3 Million New Shares

(IN BRIEF) Kapsch TrafficCom AG has successfully completed the placement of 1.3 million new shares, representing 10% of its existing share capital. These newly issued shares were divided into 477,217 shares against cash contributions and 822,783 shares against contributions in … Read the full press release