(IN BRIEF) Wood has been awarded a contract by Centrica Energy Storage (CES) to redevelop the UK’s Rough field in the Southern North Sea for hydrogen storage. This project aims to repurpose the long-standing natural gas storage facility to potentially … Read the full press release
(IN BRIEF) KUKA and Swisslog recently highlighted advancements in AI integration for robotics and logistics during a virtual press conference. KUKA showcased an AI chatbot simplifying robot programming through voice commands, while Swisslog presented ItemPiQ, an AI-driven robot enhancing product … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged AI, automation, KUKA, logistics, Niklas Goddemeier, partnership, robotics, Roland Ritter, sustainability, Swisslog, Switzerland
(IN BRIEF) The Science Based Targets initiative (SBTi) has launched its Validation Council to independently oversee target validation decisions globally, ensuring impartiality and expertise in greenhouse gas accounting. Fallight Xu from TÜV Rheinland Greater China has been appointed as a … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged appointment, Climate Accountability, Fallight Xu, leadership, partnership, SBTi, sustainability, TÜV Rheinland, Validation Council
(IN BRIEF) Global IPO activity in the first half of 2024 saw a decline, with 551 listings raising US$52.2 billion, marking a 12% decrease in volume and a 16% drop in proceeds year-on-year. While industrials led in number of IPOs … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Americas, Asia-Pacific, EMEIA, EY, Financial, George Chan, Global IPO, investment
(IN BRIEF) Iberdrola has achieved EDGE certification, recognizing its commitment to gender equality in the workplace. Awarded the EDGE Move label in its first year, the company aims for the highest certification by 2026. Over the past two decades, Iberdrola … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Management, News, Society, Spain
Tagged Awards, diversity, EDGE certification, gender equality, Iberdrola, Ignacio S. Galán, society
(IN BRIEF) Ingka Group, the largest IKEA retailer, has successfully concluded its inaugural IKEA Talents contest, aimed at fostering creativity and unity among its global workforce. Thomas from IKEA Austria emerged as the global winner, impressing with his song ‘This … Read the full press release
Posted in Art & Culture, Austria, Awards, Business, Financial, Industrial, Management, Media, Netherlands, News, Retail
Tagged Awards, creativity, IKEA, Ingka, Jesper Brodin, Talents Contest, Thomas from Austria
(IN BRIEF) Safran Helicopter Engines and MTU Aero Engines have established a 50/50 joint venture named EURA (European Military Rotorcraft Engine Alliance). This alliance aims to develop a new European engine for future military helicopters by 2040, focusing on enhancing … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, France, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Cédric Goubet, EURA (European Military Rotorcraft Engine Alliance), European Military Helicopter Engine, France, François Delattre, Michael Schreyögg, MTU, partnership, Safran, Thomas Hitschler
(IN BRIEF) DNV has achieved recognition as an auditing organization under the Medical Device Single Audit Program (MDSAP), enabling it to conduct consolidated regulatory audits for medical device manufacturers. This designation streamlines global market access by fulfilling the compliance requirements … Read the full press release
(IN BRIEF) Barbara Frencia, CEO of Business Assurance at DNV, has been appointed as the new Chair of the Independent International Organization for Assurance (IIOA) during their recent meeting in Greater China. She has previously served as Deputy Chair and … Read the full press release
(IN BRIEF) Christian Schiel, a former Voith engineer, was posthumously inducted into the Paper Industry International Hall of Fame for his pioneering contributions to paper machine technology. Recognized for innovations like the fabric press and flexible-nip presses, Schiel’s career spanned … Read the full press release
Posted in Awards, Business, Germany, Industrial, Management, News, Technology
Tagged Awards, Christian Schiel, Hall of Fame, innovations, Michael MacGregor, paper industry, paper machine technology, Ron Crotogino, Voith
(IN BRIEF) TotalEnergies has entered into an agreement to acquire a 60% stake and operatorship in Block STP02 offshore São Tomé and Príncipe from the country’s national petroleum agency, ANP-STP. The remaining interests will be held by Sonangol (30%) and … Read the full press release
(IN BRIEF) DHL eCommerce has released the initial findings from its “Online Shopper Trends Report 2024,” based on a survey of 12,000 consumers from 24 countries. The report reveals a significant shift toward using smartphones as the primary shopping tool, … Read the full press release
(IN BRIEF) Eurofins Agro Testing Wageningen has partnered with trinamiX to transform forage analysis by developing technology that allows for immediate on-site testing, eliminating the need for laboratory sample sending. This collaboration leverages Eurofins’ extensive analytical experience and global lab … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Technology
Tagged BASF, Eurofins, Forage Analysis, Hans Martin, Nils Mohmeyer, partnership, sustainability, technology, trinamiX
(IN BRIEF) BASF’s Coatings division has received acclaim for its automotive paint, ZENOMENON, which was honored at the Red Dot Award: Product Design. This award, recognizing outstanding design quality, was given to ZENOMENON for its innovative approach in the “Materials … Read the full press release
Posted in Automotive, Awards, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Award, BASF, Cypris Materials, Innovative Automotive Paint Design, leadership, Mark Gutjahr, partnership, red dot award, sustainability, ZENOMENON
(IN BRIEF) Leadec, a prominent provider of industrial production services, was honored with an Excellent award by Toyota Motor North America, Inc. (TMNA) at their Annual Supplier Business Meeting Dinner and Award Ceremony. The event took place on June 3rd … Read the full press release
Posted in Automotive, Awards, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Awards, Don Kennon, Leadec, leadership, partnership, Production Services, Robert Young, Toyota
(IN BRIEF) BAE Systems has reached a significant milestone by donating £1 million to the Royal Navy and Royal Marines Charity (RNRMC) since its establishment in 2007. The RNRMC supports personnel from the Royal Navy, Royal Marines, and Royal Fleet … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Non Profit, Security & Safety, Technology, Transportation & Logistics, United Kingdom
Tagged Andrew Jameson, BAE Systems, donation, Financial, Glynn Phillips, partnership, Royal Navy and Royal Marines Charity (RNRMC)
(IN BRIEF) Shell Canada Products has announced the Final Investment Decision (FID) for two major carbon capture and storage (CCS) projects at the Shell Energy and Chemicals Park in Scotford, Alberta. The Polaris project is designed to capture approximately 650,000 … Read the full press release
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