Daily Archives: 22, April 2024

GRAHAM Attains PAS 2080 Verification, Pioneering Carbon Management in Built Environment Projects

(IN BRIEF) GRAHAM has achieved PAS 2080 verification, a globally recognized standard for managing carbon in buildings and infrastructure, showcasing its dedication to integrating carbon considerations throughout its operations. PAS 2080, developed by the British Standards Institution (BSI), offers a … Read the full press release

Neste Successfully Converts Discarded Tires into High-Quality Raw Material for Chemicals and Plastics

(IN BRIEF) Neste has achieved a significant milestone in chemical recycling by processing pyrolysis oil derived from discarded vehicle tires, supplied by Scandinavian Enviro Systems, into high-quality raw material for new plastics and chemicals at its refinery in Porvoo, Finland. … Read the full press release

Siemens Mobility to Transform Copenhagen’s S-bane Network into World’s Largest Automatic Urban Railway

(IN BRIEF) Siemens Mobility has secured contracts with Banedanmark and DSB to upgrade Copenhagen’s S-bane network to the highest level of automation, GoA4 technology, by 2030. This upgrade, part of the “Future S-bane” program, aims to enhance capacity, passenger experience, … Read the full press release

TotalEnergies and OQ Finalize Marsa LNG Project, Pioneering Low-Emission LNG Production in Oman

(IN BRIEF) During a visit to Muscat, Patrick Pouyanné, Chairman and CEO of TotalEnergies, reaffirmed the enduring partnership between TotalEnergies and Oman by announcing the Final Investment Decision (FID) for the Marsa LNG project. This project, in collaboration with OQ, … Read the full press release

Bosch Champions Sustainability and Innovation at Hannover Messe 2024

(IN BRIEF) As Hannover Messe 2024 approaches, Bosch prepares to showcase its commitment to sustainability and innovation in industrial manufacturing. With a focus on addressing climate change and promoting resource conservation, Bosch’s diverse portfolio of solutions encompasses factory automation, hydrogen … Read the full press release

Barclays Strengthens M&A Leadership Team with Key Appointments in EMEA

(IN BRIEF) Barclays has announced the appointment of Stephen Pick as Head of M&A for EMEA, Pier Luigi Colizzi as Chairman of M&A for EMEA, and Asim Mullick as Head of M&A for Financial Sponsors for EMEA. These appointments underscore … Read the full press release

Prudential Launches Climate & Health Resilience Fund to Address Climate Change Impacts

(IN BRIEF) Prudential plc, a prominent insurance company in Asia and Africa, has announced a significant investment of US$2.5 million through its community investment arm, Prudence Foundation, to tackle the effects of climate change on health and enhance climate resilience, … Read the full press release

SFC Energy Unveils EFOY H₂PowerPack X50 at HANNOVER MESSE 2024

(IN BRIEF) SFC Energy AG announces its participation in the upcoming HANNOVER MESSE 2024, showcasing its latest innovation, the EFOY H₂PowerPack X50. This new product, boasting a cluster power output of up to 200 kW, marks a significant advancement in … Read the full press release

Mutares Expands Portfolio with Acquisition of Greenview Group Holdings Ltd

(IN BRIEF) Mutares SE & Co. KGaA has successfully acquired Greenview Group Holdings Ltd from Cordovan Capital Partners II LP and Michael Burke, the current CEO, marking its fourth acquisition in 2024. Greenview Group, established in 2017, specializes in mechanical … Read the full press release

Leadership Transition at flatexDEGIRO: Co-CEOs Appointed as Niehage Steps Down

(IN BRIEF) Frank Niehage will step down from his role as CEO of flatexDEGIRO Group on April 30, 2024, due to differing views on strategic development. Dr. Benon Janos, CFO, and Stephan Simmang, CTO, will take on the roles of … Read the full press release

PUMA Launches RE:SUEDE 2.0 Sneakers: Taking Sustainable Footwear to the Next Level

(IN BRIEF) PUMA announces the commercial release of its RE:SUEDE 2.0 sneaker, following the successful conclusion of its two-year pilot project aimed at exploring sustainable end-of-life solutions for footwear. During the experiment, PUMA produced 500 pairs of the iconic Suede … Read the full press release

Daimler Buses Delivers Fleet of Mercedes-Benz Tourismo Coaches for European Sporting Event 2024

(IN BRIEF) In April 2024, Daimler Buses handed over 24 Mercedes-Benz Tourismo 15 RHD touring coaches to Autobus Oberbayern GmbH from Munich and Bus-Verkehr Berlin KG (BVB) from Berlin. Each company received 12 coaches, which will be used as team … Read the full press release

Mercedes-Benz Trucks Achieves Breakthrough in E-Truck Charging: 1,000 Kilowatt Capacity Unveiled

(IN BRIEF) Mercedes-Benz Trucks has reached a significant milestone in electric truck development, successfully charging a prototype of the eActros 600 at a groundbreaking 1,000 kilowatts during internal testing at Wörth am Rhein. This achievement marks the implementation phase of … Read the full press release

Anglo American Faces Appeal Decision in Kabwe Lead Pollution Case

(IN BRIEF) Anglo American acknowledges the High Court of South Africa’s recent decision to grant claimants the right to appeal against the dismissal of their class action application regarding lead pollution in Kabwe, Zambia. Despite the prior dismissal due to … Read the full press release

DNV Bolsters Presence in Aquaculture Sector with Full Ownership of Ocean Ecology

(IN BRIEF) DNV has completed the acquisition of Ocean Ecology, a leading UK marine environmental consultancy, solidifying its position in the aquaculture and biodiversity sector. Previously majority-owned by Åkerblå, Ocean Ecology has established itself as a trusted provider of marine … Read the full press release

Pinellas County Partners with Kapsch TrafficCom to Enhance Mobility and Safety

(IN BRIEF) Pinellas County, Florida, has chosen Kapsch TrafficCom to lead a project aimed at improving mobility and safety with advanced technology solutions, backed by a USD 4.6 million grant from the Federal Highway Administration. With Pinellas County facing significant … Read the full press release

GKN Aerospace Secures Contract with Swedish Defence for Future Fighter Systems Development

(IN BRIEF) GKN Aerospace has been awarded a contract by the Swedish Defence Materiel Administration (FMV) to conduct conceptual studies for advanced power and propulsion systems in support of future fighter systems. The agreement, spanning two years with the possibility … Read the full press release

Swissloop Tunneling Triumphs at Not-a-Boring Competition 2024 with Groundhog Beta

(IN BRIEF) Swissloop Tunneling, a team of students from ETH Zurich supported by Empa, emerged victorious at the Not-a-Boring Competition 2024 in Bastrop, Texas, with their innovative micro-tunneling machine, Groundhog Beta. The team’s success marks a significant milestone in the … Read the full press release

BMT SPARO® Revolutionizes Drone Deliveries with British Army Contract

(IN BRIEF) BMT SPARO®, a pioneering air-ground payload transfer device, has secured a pivotal contract with the British Army, signaling a significant advancement in autonomous logistics within the defense sector. This innovative technology allows drones to conduct precise deliveries from … Read the full press release

Gerrit Marx Appointed CEO of CNH Industrial, Succeeding Scott W. Wine

(IN BRIEF) CNH Industrial N.V. (NYSE:CNHI) has announced the appointment of Gerrit Marx as its new CEO, effective July 1, 2024. Marx will succeed Scott W. Wine, who, after successfully overseeing the delivery of the 2021 Business Plan, has decided … Read the full press release