Daily Archives: 29, July 2024

EIB Funds €1 Billion for State-of-the-Art Trains to Revolutionize Rhineland Public Transport by 2029

(IN BRIEF) The European Investment Bank (EIB) is providing €1 billion in loans to support the purchase of up to 90 advanced suburban trains for the Rhineland region in Germany, encompassing Cologne and Düsseldorf. These modern Alstom trains, set to … Read the full press release

Roland Berger’s Net-Zero Goal Approved by SBTi, Aiming for Full Emission Reduction by 2040

(IN BRIEF) Roland Berger’s net-zero emissions reduction target has been approved by the Science Based Targets initiative (SBTi). The consultancy aims to achieve net-zero greenhouse gas emissions across its value chain by 2040, aligning with the Paris Climate Agreement. The … Read the full press release

Daniele Tonella Named ING’s New Chief Technology Officer

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has appointed Daniele Tonella as its new Chief Technology Officer (CTO) and member of the Management Board Banking, effective August 5, 2024. Tonella, who has over 20 years of experience in technology leadership roles within the financial … Read the full press release

TotalEnergies Announces Withdrawal from South African Offshore Blocks

(IN BRIEF) TotalEnergies is withdrawing from South Africa’s offshore Block 11B/12B and Block 5/6/7 due to economic viability challenges, following the exit of partner CNRI. Despite significant gas discoveries in Block 11B/12B, the company decided it is not feasible to … Read the full press release

Henkel Introduces Bonderite M CR 1405 for Efficient and Sustainable Metal Treatment

(IN BRIEF) Henkel has launched Bonderite M CR 1405, a RoHS-compliant product that integrates metal passivation and pretreatment into a single step, enhancing efficiency and sustainability in color coating processes. This innovation reduces energy and water consumption by eliminating the … Read the full press release

Roche Completes Acquisition of LumiraDx’s Point of Care Technology, Enhancing Global Diagnostic Capabilities

(IN BRIEF) Roche has completed the acquisition of LumiraDx’s Point of Care technology after receiving all necessary antitrust and regulatory clearances. This addition enhances Roche’s diagnostics portfolio with an advanced multi-assay platform that consolidates a wide range of tests, including … Read the full press release

Continental Unveils Eco-Friendly Tough RuNR Air Springs with Reduced CO2 Emissions

(IN BRIEF) Continental has launched Tough RuNR air springs, which significantly reduce CO2 emissions by using a new compound of natural rubber and ethylene-propylene-diene rubber (EPDM) instead of synthetic rubber. This innovation, to be showcased at the IAA Transportation 2024 … Read the full press release

GreenPowerMonitor Unveils Advanced Energy Management System to Boost Renewable Power Plant Efficiency

(IN BRIEF) GreenPowerMonitor (GPM), a DNV company, has launched an advanced Energy Management System (EMS) designed to enhance the operational efficiency of renewable power plants. The new EMS supports the significant growth in renewable energy capacity, which saw a 50% … Read the full press release