Monthly Archives: December 2023

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

Voith Secures Major Contract to Equip Angola’s Caculo Cabaça Hydropower Plant

(IN BRIEF) Voith, a technology company, is set to supply electrical and mechanical equipment for Angola’s Caculo Cabaça hydropower plant. The order includes the installation of turbines, generators, control systems, and training programs. Located on the Kwanza River, the plant … Read the full press release

Quantum-Resistant Cryptography Comes to 5G Networks: SK Telecom and Thales Lead the Way

(IN BRIEF) SK Telecom (SKT) and Thales are partnering to implement Post Quantum Cryptography (PQC) on 5G networks, enhancing user identity and privacy protection. This innovative solution, based on 5G standalone networks and 5G SIM technology, encrypts and decrypts subscriber … Read the full press release

Accenture to Empower McDonald’s Workforce with AI and Digital Skills

(IN BRIEF) McDonald’s and Accenture are expanding their partnership to leverage advanced technology and generative AI solutions across McDonald’s global restaurants, aiming to improve operations, enhance customer and employee experiences, and boost efficiency. The collaboration includes accelerating automation innovations from … Read the full press release

ABB Expands Partnership with Volvo Cars to Supply Over 1,300 Robots for EV Production

(IN BRIEF) ABB is expanding its partnership with Volvo Cars to supply more than 1,300 robots and functional packages for the production of electric vehicles (EVs). The collaboration aims to support Volvo Cars in achieving sustainability goals as the automotive … Read the full press release

AF Gruppen’s Subsidiary Kanonaden Entreprenad to Reinforce Power Transmission with Svenska kraftnät Contract

(IN BRIEF) Kanonaden Entreprenad, a subsidiary of AF Gruppen, has secured a contract, valued at around SEK 219 million, to construct and install two series compensation stations for Svenska kraftnät. In partnership with Hitachi Energy, Kanonaden will establish these stations … Read the full press release

Kalmar Bolsters Super Terminais’ Terminal Efficiency with Equipment Deal in Brazil

(IN BRIEF) Kalmar, part of Cargotec, will supply equipment and services to Super Terminais Ltd.’s Manaus terminal in northern Brazil. The order includes reachstackers, empty container handlers, terminal tractors, and a performance management tool, with delivery scheduled for Q3 2024. … Read the full press release

Empowering Ukrainian children with IT skills through Star for Life Ukraine

(IN BRIEF) In a time marked by disruptions in education for over 5.3 million children due to the ongoing war in Ukraine, Star For Life Ukraine, a non-profit organization, is dedicated to promoting informal tech education. The aim is to … Read the full press release

Engineering Firm Wood to Play Key Role in Expanding Germany’s Renewable Energy Grid

(IN BRIEF) Wood, a global consulting and engineering firm, has been awarded a contract by Dragados Offshore to design and support the development of three massive 2GW convertor stations in the German North Sea. These stations will transfer offshore wind … Read the full press release

Entrevias Inaugurates Two New Sections of SP-333 Highway, Enhancing Mobility in São Paulo State

(IN BRIEF) Entrevias Concessionária de Rodovias, the operator of 570 kilometers of highways in São Paulo’s Ribeirão Preto and Marília regions, has officially opened two new sections of the SP-333 highway, known as Rodovia Rachid Rayes, spanning from km 337 … Read the full press release

INEOS Phenol Commences Production at Europe’s Largest Cumene Facility with a 50% Emission Reduction

(IN BRIEF) INEOS Phenol has initiated production at the largest Cumene facility in Europe, located in Marl, Germany. This state-of-the-art plant, with a production capacity of 750,000 tonnes, employs pioneering cumene technology combined with advanced heat integration to achieve a … Read the full press release

Breakthrough Discovery: New Proteins Enhance Botox Effectiveness in Medical Treatments

(IN BRIEF) Researchers at PSI have made a surprising discovery that could expand the medical applications of botulinum toxin A1, commonly known as Botox. They have developed antibody-like proteins called DARPins that unexpectedly accelerate the toxin’s impact on nerve signal … Read the full press release

BioNTech Inaugurates mRNA Vaccine Manufacturing Site in Rwanda, Aims to Boost Vaccine Equity in Africa

(IN BRIEF) BioNTech has achieved a significant milestone in expanding mRNA vaccine manufacturing in Africa with the inauguration of its Kigali site, which includes the first manufacturing unit known as BioNTainer. This move is part of BioNTech’s broader efforts to … Read the full press release

EQT to Acquire Zeus Company, Pioneering Medical Device Components Manufacturer

(IN BRIEF) EQT X fund has announced its acquisition of Zeus Company Inc., a pioneer in the design and production of fluoropolymer tubing for medical devices and select industrial applications. The acquisition aims to support Zeus’ continued growth as a … Read the full press release

GSK’s Dostarlimab Shows Positive Results in Endometrial Cancer Trial

(IN BRIEF) GSK plc has announced positive results from Part 2 of the RUBY/ENGOT-EN6/GOG3031/NSGO phase III trial, evaluating the use of Jemperli (dostarlimab) in combination with standard chemotherapy and as maintenance therapy for patients with primary advanced or recurrent endometrial … Read the full press release

TotalEnergies and Nigeria Strengthen Long-Term Partnership, Commit to Emissions Reduction

(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with Nigerian President Bola Ahmed Tinubu to reaffirm the enduring partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in Nigeria, with significant … Read the full press release

2Africa Subsea Cable Extends to Canary Islands, Enhancing Global Connectivity

(IN BRIEF) The world’s largest subsea cable system, 2Africa, has expanded to the Canary Islands, improving connectivity and providing additional capacity for global telecommunications services. In collaboration with Vodafone and the Council of Tenerife, the cable system landed on the … Read the full press release

BAE Systems and AMS Collaborate to Provide Artillery Systems Support in Ukraine

(IN BRIEF) BAE Systems and AMS Integrated Solutions Ltd have entered into an agreement to jointly offer specialized support for artillery systems used in Ukraine, particularly those produced by BAE Systems. This partnership aims to provide repair and support services … Read the full press release

Jörg Vocke Appointed CEO of Siemens Real Estate, Succeeding Zsolt Sluitner

(IN BRIEF) Effective from March 1, 2024, Jörg Vocke will take over as the new CEO of Siemens Real Estate (SRE), the real estate subsidiary of Siemens. Reporting directly to Ralf P. Thomas, Chief Financial Officer of Siemens AG, Vocke … Read the full press release

Indosuez Wealth Management Reveals Investment Outlook for 2024: A Year Full of Opportunities

(IN BRIEF) Indosuez Wealth Management has presented its investment outlook for 2024 during its Global Outlook presentation. As 2023 concludes with decreasing inflation and monetary policy normalization, the year 2024 is expected to offer promising prospects for investors. Key insights … Read the full press release