Daily Archives: 20, December 2023

Diversity Boost: Tamara Weinert’s Nomination for BASF Supervisory Board

(IN BRIEF) BASF SE’s Supervisory Board has nominated Tamara Weinert (58), currently President and CEO of Business Area Americas at Outokumpu in the United States, as a shareholder representative on the Supervisory Board. The election is scheduled for the Annual … Read the full press release

Adapting to New Priorities: BASF SE’s Executive Board Realignment

(IN BRIEF) BASF SE, a global chemicals and materials company, has announced strategic changes in the responsibilities of its Board of Executive Directors. Dr. Stephan Kothrade will take on additional roles as Chief Technology Officer and oversee Group Research, effective … Read the full press release

BASF Unveils New Leadership Team as Dr. Martin Brudermüller Steps Down

(IN BRIEF) BASF SE, a global chemicals and materials company, has unveiled a succession plan for its Board of Executive Directors. Dr. Markus Kamieth will become Chairman of the Board, succeeding Dr. Martin Brudermüller, effective April 25, 2024. Anup Kothari … Read the full press release

Equinor and Shell Approve Sparta Project to Boost Gulf of Mexico Production

(IN BRIEF) Equinor and Shell Offshore Inc. have jointly made the final investment decision for the Sparta deepwater development in the US Gulf of Mexico. Equinor holds a 49 percent stake in the project, which is expected to produce up … Read the full press release

Orange Business Fortifies Position as Digital Integrator with Expertime Deal

(IN BRIEF) Orange Business has acquired Expertime, a Microsoft technology solutions specialist, to bolster its digital services and strengthen its position as a leading network and digital services integrator in Europe. Expertime’s expertise in Microsoft technologies, especially in public cloud, … Read the full press release

SGS Farmingdale Laboratory Receives US Coast Guard Approval for Flammability Testing

(IN BRIEF) SGS’s flammability testing laboratory in Farmingdale, New York, has received approval from the United States Coast Guard (USCG) as an Accepted Independent Laboratory. This accreditation allows SGS to offer a comprehensive range of flammability testing, inspection, and certification … Read the full press release

Deutsche Bank Recognizes Indonesia’s Potential with EUR 600 Million Capital Injection

(IN BRIEF) Deutsche Bank is significantly increasing its investment in Indonesia by doubling its local capital to IDR 10 trillion (EUR 600 million). This move reflects the bank’s commitment to the Indonesian market, where it has a 54-year history. It … Read the full press release

Hexagon AB to Sell Tesa PMI Business to Hangzhou Great Star Industrial

(IN BRIEF) Hexagon AB, a leading provider of digital reality solutions, has announced an agreement to divest its Precision Measurement Instruments (PMI) business, known as Tesa, to Hangzhou Great Star Industrial Company Ltd. This move aligns with Hexagon’s strategic focus … Read the full press release

INEOS Inovyn Expands PVC Portfolio with Low Carbon and Recycled Products

(IN BRIEF) INEOS Inovyn has announced an expansion of its PVC portfolio, introducing new products designed to address society’s everyday needs with a reduced carbon footprint and increased recycled content. The company’s BIOVYNTM, a bio-attributed PVC, aims to become carbon-neutral, … Read the full press release

ZF Shifts Focus to Becoming a Premium Autonomous Driving Technology Supplier

(IN BRIEF) ZF, a technology company, has announced a change in its business model for the global shuttle business, opting to refocus on becoming a leading technology supplier for autonomous driving. The company has decided to abandon its previous goal … Read the full press release

Roche’s Xolair Nears FDA Approval for Reducing Allergic Reactions to Multiple Foods

(IN BRIEF) Roche has announced that the U.S. Food and Drug Administration (FDA) has accepted its supplemental Biologics License Application (sBLA) for Xolair® (omalizumab) under Priority Review. The sBLA is for the reduction of allergic reactions, including anaphylaxis, caused by … Read the full press release

SIX Launches ETF QOD Europe, Expanding Access to European ETF Markets

(IN BRIEF) SIX Swiss Exchange has introduced a new service extension to its Exchange Traded Funds (ETF) franchise called “Quote-on-Demand Europe” (QOD Europe). This innovative trading service allows clients to trade ETFs listed on primary exchanges like the London Stock … Read the full press release

ONS Reveals Unchanged Suicide Rates in England and Wales for 2022: Calls for Urgent Action

(IN BRIEF) The Office for National Statistics (ONS) has released data on suicides in England and Wales for the year 2022, highlighting the persistence of suicide rates that have remained largely unchanged for over two decades. In response to the … Read the full press release

Delft Bioengineering Institute Recognizes Outstanding MSc Graduates in Bioengineering

(IN BRIEF) The Delft Bioengineering Institute (BEI) has announced the winners of its annual cross-campus competition for MSc students who excelled in their graduation projects in bioengineering. In 2023, three students—Thomas Michalica, Linde Spoelstra, and Thomas Mooijman—stood out for their … Read the full press release

Delft Bioengineering Institute Funds Six Innovative Bioengineering Research Projects

(IN BRIEF) The Delft Bioengineering Institute (BEI) has selected six outstanding interdisciplinary research projects for funding in the field of bioengineering. These projects, which received €20,000 each, encompass a wide range of innovative topics, including the detection of tumor-derived DNA … Read the full press release

Correction: Stora Enso Clarifies Share Conversions and Voting Rights

(IN BRIEF) In a correction to a previous stock exchange release, Stora Enso provided accurate information regarding share conversions that occurred during the period from November 1 to November 30, 2023. There were five conversions in total, resulting in the … Read the full press release

Nations Commit to Transition Away From Fossil Fuels at COP28

(IN BRIEF) In an unprecedented move, nearly every country has pledged to transition away from fossil fuels, marking a pivotal moment in the global climate effort. This commitment is part of the inaugural global stocktake designed to accelerate progress toward … Read the full press release

Almirall S.A. to Participate in 42nd Annual J.P. Morgan Healthcare Conference

(IN BRIEF) Almirall S.A., a global pharmaceutical company specializing in medical dermatology, has confirmed its involvement in the 42nd Annual J.P. Morgan Healthcare Conference in San Francisco, taking place from January 8th to 11th, 2024. Carlos Gallardo, Chairman and CEO … Read the full press release

PhD Researcher Addresses Power Quality Challenges in Electric Vehicle Charging

(IN BRIEF) Tim Slangen, a PhD researcher at the TU/e Department of Electrical Engineering, has conducted extensive research on the phenomenon of supraharmonic disturbances related to electric vehicle (EV) charging. Supraharmonics are waveform distortions in voltage and current occurring at … Read the full press release

TU/e Researchers Achieve Breakthrough in Early Esophageal Cancer Detection Using AI

(IN BRIEF) Researchers at Eindhoven University of Technology (TU/e) have made a significant breakthrough in the early detection of esophageal cancer through the use of artificial intelligence (AI). Over a decade of research led by Fons van der Sommen has … Read the full press release

Ericsson Achieves Perfect Score in 2023-2024 Corporate Equality Index, Earns Equality 100 Award for LGBTQ+ Inclusion

(IN BRIEF) Ericsson, a global telecommunications company, has been recognized by the Human Rights Campaign Foundation for its outstanding performance in the 2023-2024 Corporate Equality Index (CEI). Ericsson achieved a perfect score of 100 percent in this annual benchmarking survey, … Read the full press release

UniCredit Becomes First Pan-European Bank with Global EDGE Certification for Gender Equity and Inclusion

(IN BRIEF) UniCredit has achieved a significant milestone by becoming the first pan-European bank to receive Global EDGE Certification for its commitment to gender equity and inclusion. This recognition follows accelerated diversity and inclusion efforts by UniCredit’s banks in multiple … Read the full press release

Prof. Dr. Hans Hilgenkamp Appointed Scientific Director of UT’s MESA+ Institute

(IN BRIEF) The University of Twente’s Executive Board has appointed Prof. Dr. Ir. J.W.M. (Hans) Hilgenkamp as the new scientific director of the MESA+ institute, effective February 1, 2024. Hilgenkamp, a distinguished expert in applied physics and nanotechnology, will take … Read the full press release

Interreg Grants €1.2 Million to UT-Led BRIDGE Project for Cross-Border Healthcare Cooperation

(IN BRIEF) The European grant scheme Interreg has awarded over €1.2 million to the University of Twente (UT) research project BRIDGE, which is dedicated to cross-border healthcare cooperation. Scheduled to commence in spring 2024, BRIDGE aims to map ongoing initiatives, … Read the full press release

Ionic Mineral Technologies and ANDRITZ Partner to Revolutionize Lithium-ion Battery Materials Production

(IN BRIEF) Ionic Mineral Technologies (Ionic MT) has entered into a strategic partnership with ANDRITZ, an international technology group, to mass-produce critical battery materials for next-generation lithium-ion batteries. The collaboration aims to scale up Ionic MT’s nano-silicon production process to … Read the full press release

Outokumpu Acquires EUR 765,290 Worth of Its Own Shares in Buyback Program

(IN BRIEF) Finnish stainless steel manufacturer Outokumpu has concluded its share repurchase program, acquiring a total of 169,994 of its own shares across various trading venues at an average price of EUR 4.5 per share. The program, which had been … Read the full press release