Daily Archives: 18, December 2023

CMA CGM Group Implements Safety Measures, Halts Vessel Journeys in Red Sea Amid Security Concerns

(IN BRIEF) The CMA CGM Group, in response to recent attacks on commercial vessels in the Red Sea Region and growing safety concerns, has taken precautionary measures to safeguard its vessels and crews. As a result, all CMA CGM containerships … Read the full press release

Industrie De Nora Receives ‘Top Investor in China Award’ for 30 Years of Successful Investment and Growth in the Chinese Market

(IN BRIEF) Industrie De Nora, an Italian multinational specializing in electrochemistry and sustainable technologies, has been honored with the “Top Investor in China Award” at the China Awards 2023 event in Milan. The award recognizes De Nora’s significant investments and … Read the full press release

AFRY Qualification Centre Attains Accreditation for Welding Procedures and Personal Certification, Enhancing Welding Service Quality

(IN BRIEF) The AFRY Qualification Centre has received accreditation from SWEDAC as an inspection body, in accordance with the international standard SS-EN ISO/IEC 17020:2012. This accreditation enables the center to issue welding procedures and provide personal certification in various welding … Read the full press release

Adidas Appoints Michelle Robertson to Executive Board, Elevating Global Human Resources and People-Centric Culture

(IN BRIEF) Michelle Robertson, a long-standing employee of adidas and previously Reebok, has been appointed as an Executive Board member responsible for Global Human Resources, People, and Culture at adidas AG, effective January 1st, 2024. She has been serving in … Read the full press release

Outokumpu Completes Share Repurchase Program, Acquiring 163,476 Shares to Strengthen Financial Position

(IN BRIEF) Outokumpu has completed the repurchase of its own shares as part of a share buyback program announced on November 29, 2023. The company repurchased a total of 163,476 shares on December 15, 2023, at a weighted average price … Read the full press release

Outokumpu to Invest EUR 30 Million in Biocoke Pelletizing Plant for Green Steel Production in Tornio, Finland

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is investing approximately EUR 30 million in a pelletizing plant for biocoke in Tornio, Finland, with production set to start in mid-2025. The move aims to reduce direct emissions … Read the full press release

ANDRITZ Revamps Shandong Huatai Paper’s Production Line, Creating World’s Largest Mechanical Pulping Facility and Boosting Sustainability

(IN BRIEF) ANDRITZ has successfully rebuilt a mechanical pulping line at Shandong Huatai Paper’s mill in China, increasing its capacity from 100,000 to 300,000 t/a, making it the world’s largest mechanical pulping line for printing and writing paper production. The … Read the full press release