Daily Archives: 23, April 2024

JT Group Leads the Charge Against Financial Fraud with Vodafone’s Scam Signal

(IN BRIEF) JT Group Limited has emerged as the first Channel Partner to offer Vodafone’s Scam Signal, a groundbreaking service designed to fortify fraud defenses for financial institutions. Developed by Vodafone Carrier Services, Scam Signal aims to combat impersonation scams, … Read the full press release

DHL Freight Deploys Fully Electric Mercedes-Benz eActros 300 Trucks for Sustainable Transport

(IN BRIEF) DHL Freight has introduced its first fully electric heavy tractor-trailers, Mercedes-Benz eActros 300, in Germany, marking a significant step towards reducing greenhouse gas emissions in delivery and distribution transport. Deployed at the Koblenz and Hagen sites, these vehicles … Read the full press release

Neste Recognizes Global Contractors with Contractor Safety Award During Safety Week

(IN BRIEF) Neste, a leading provider of renewable fuels and sustainable solutions, has honored several contractors globally with the Contractor Safety Award as part of its annual Safety Week, commencing on April 22. The award acknowledges contractors’ outstanding safety commitment … Read the full press release

Sara Forsberg Appointed Scania’s EVP, CTO, and Head of Brand Identity Development

(IN BRIEF) Sara Forsberg, currently serving as the acting manager for Vehicle Development at Scania R&D, has been promoted to Executive Vice President, Chief Technical Officer, and Head of Brand Identity Development, effective May 1, 2024. With a career spanning … Read the full press release

ANDRITZ to Rebuild OCC Lines for PT. Pakerin in Indonesia

(IN BRIEF) International technology group ANDRITZ has secured an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to revamp two existing OCC lines at its mill in Surabaya, Indonesia. The overhaul aims to significantly enhance pulp quality, boosting competitiveness, operational … Read the full press release

Outokumpu to Host Webcast Following Release of Q1 2024 Interim Report

(IN BRIEF) Outokumpu has announced the publication of its interim report for January–March 2024 on May 7, 2024, at approximately 9:00 am EEST. Following the report’s release, a live webcast and conference call will be conducted at 3:00 pm EEST, … Read the full press release

Vattenfall and BASF Strengthen Renewable Energy Partnership with Nordlicht Wind Farm Deal

(IN BRIEF) Vattenfall and BASF have finalized an agreement for the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF, deepening their collaboration in renewable energy. Nordlicht, Vattenfall’s largest offshore wind project to date, is … Read the full press release

Rolls-Royce Awarded Contract by NASA for Space-Based Nuclear Microreactor Project

(IN BRIEF) Rolls-Royce has secured a $1 million contract from NASA’s Glenn Research Center to develop an Advanced Closed Brayton Cycle converter for next-generation space-based nuclear microreactors. Over a 12-month period, Rolls-Royce LibertyWorks will design a closed-cycle Brayton power conversion … Read the full press release

Accenture Launches Global Campaign Highlighting Business Reinventions

(IN BRIEF) Accenture has announced the launch of its new global creative campaign, “Reinvented with Accenture,” showcasing the company’s collaborative efforts with clients to drive significant business transformations. Developed in partnership with Droga5, the campaign aims to spotlight innovative projects, … Read the full press release

Carbon-Neutral Cement: Groundbreaking for Innovative Plant in Lägerdorf

(IN BRIEF) A groundbreaking ceremony in Lägerdorf, Schleswig-Holstein, marked the official start of construction for one of the world’s first carbon-neutral cement plants. Notable attendees included Dr. Robert Habeck, Vice Chancellor and Federal Minister for Economic Affairs and Climate Protection, … Read the full press release

Iberdrola Launches Shareholder Month: A Virtual Space for Investor Engagement

(IN BRIEF) Iberdrola, a leading European electricity company, inaugurates Shareholder Month, an event that includes the 2024 General Shareholders’ Meeting, emphasizing investor engagement. The virtual space, featuring thematic rooms, aims to inform and involve shareholders in discussions covering environmental, social, … Read the full press release

Kuehne+Nagel Group Sees Q1 Earnings Dip Amid Strategic Measures

(IN BRIEF) In the first quarter of 2024, Kuehne+Nagel Group reported a decline in earnings compared to the previous year, citing intensified cost measures amidst a challenging business environment. Despite a slight improvement in demand for transportation services, the company’s … Read the full press release

Schneider Electric Showcases Cutting-Edge Industrial Innovations at Hannover Messe 2024

(IN BRIEF) At Hannover Messe 2024, Schneider Electric, a global leader in energy management and automation, is set to unveil its latest advancements in industrial technology. Focused on driving productivity and efficiency while promoting sustainability, Schneider Electric’s innovations include industrial … Read the full press release

Covestro and Chaoyang University of Technology Join Forces for Environmental Education

(IN BRIEF) In a significant collaboration for Earth Day 2024, Covestro Taiwan and Chaoyang University of Technology have signed a Corporate Social Responsibility (CSR) plus University Social Responsibility (USR) MOU. This partnership expands their existing cooperation to develop an environmental … Read the full press release

Neste RE™: Revolutionizing Plastics Manufacturing with Renewable and Recycled Feedstock

(IN BRIEF) Neste, a global leader in renewable fuels and sustainable feedstock, is showcasing its Neste RE™ feedstock at Chinaplas 2024 in Shanghai. Neste RE™, derived from bio-based and chemically recycled materials, offers a significant reduction in the carbon footprint … Read the full press release

Logicor’s Solar Initiative: Powering Sustainable Logistics in Spain

(IN BRIEF) Logicor, Europe’s leading logistics real estate owner, manager, and developer, has completed the installation of a 532 kWp photovoltaic (PV) plant near Girona, Spain. This initiative aims to reduce carbon emissions by 180 tons annually while providing sustainable … Read the full press release

Sand to Green: A Sustainable Oasis in Morocco’s Desert

(IN BRIEF) Sand to Green, a beneficiary of the EBRD Star Venture programme, is making significant strides in combating desertification and promoting sustainable agriculture in Morocco. Founded by Benjamin Rombaut, Gautier De Carcouët, and Wissal Ben Moussa, the company utilizes … Read the full press release

Outokumpu Appoints Marc-Simon Schaar as Chief Financial Officer

(IN BRIEF) Outokumpu Corporation has announced the appointment of Marc-Simon Schaar as its Chief Financial Officer, effective June 1, 2024. Schaar, who holds an M.Sc. in International Business and is a Chartered Accountant, brings over a decade of experience in … Read the full press release

Beiersdorf Unveils Breakthrough Anti-Glycation Ingredient to Combat Sugar-Induced Skin Aging

(IN BRIEF) After nearly a decade of research, Beiersdorf has revealed a groundbreaking discovery in skincare: a patented active ingredient called NAHP, also known as GLYCOSTOP™, designed to counteract the skin’s glycation process induced by sugar consumption, which contributes to … Read the full press release

SAP Unveils AI-Powered Supply Chain Solutions for Manufacturing Excellence

(IN BRIEF) SAP SE has announced significant advancements in its supply chain solutions, leveraging AI to revolutionize manufacturing productivity, efficiency, and precision. By harnessing real-time data insights, businesses can make informed decisions across supply chains, streamline product development, and enhance … Read the full press release

ROHM and STMicroelectronics Expand SiC Substrate Supply Deal to Bolster Semiconductor Capacity

(IN BRIEF) ROHM and STMicroelectronics have announced the expansion of their multi-year agreement for the supply of silicon carbide (SiC) substrate wafers. This deal, valued at a minimum of $230 million, will see larger volumes of SiC substrate wafers being … Read the full press release