Daily Archives: 26, September 2024

EU-Backed Partnership Unlocks Millions in Loans for Danish Creative and Cultural Sectors

(IN BRIEF) A new partnership between the European Investment Fund (EIF) and the Export and Investment Fund of Denmark (EIFO), backed by the EU’s InvestEU program, will provide DKK 300 million in loans to Danish businesses within the creative and … Read the full press release

ANDRITZ and PulPac Team Up to Revolutionize Sustainable Packaging with Dry Molded Fiber Technology

(IN BRIEF) ANDRITZ has formed a strategic partnership with Swedish company PulPac AB to expand the sustainable packaging market using Dry Molded Fiber technology. This nearly waterless process molds cellulose fibers into recyclable, biodegradable products such as coffee lids, cutlery, … Read the full press release

NIVEA Launches Global Initiative to Combat Social Isolation and Foster Meaningful Human Connections

(IN BRIEF) NIVEA has launched a global initiative called NIVEA CONNECT to address the growing issue of social isolation, which affects both mental and physical health. A survey conducted by NIVEA revealed that one in four people felt isolated in … Read the full press release

Marel Unveils FleXicut Jet: A Cutting-Edge Solution for Efficient and Precise Seafood Processing

(IN BRIEF) Marel’s FleXicut Jet is an innovative whitefish processing system designed to enhance efficiency, precision, and yield in the seafood industry. Using advanced water-jet technology, intelligent software, and X-ray detection, the FleXicut Jet automates the trimming and pinbone removal … Read the full press release

Wood Secures Contract to Operate One of the World’s Largest Plastics Recycling Facilities, Boosting Circular Economy

(IN BRIEF) Wood, a global consulting and engineering firm, has secured a three-year contract to operate and maintain Freepoint Eco-Systems’ advanced recycling facility in Hebron, Ohio, one of the world’s largest plastics recycling plants. The facility will process approximately 90,000 … Read the full press release

University of Liverpool’s New Heritage Institute to Tackle Global Challenges and Advance Cultural Research

(IN BRIEF) The University of Liverpool has launched a new Heritage Institute aimed at enhancing its role as a leading global research institution in heritage studies. The institute will bring together researchers from multiple disciplines to address key heritage issues … Read the full press release

voestalpine Issues First Green Bond in European Steel Sector, Raising €500 Million for Sustainable Projects

(IN BRIEF) voestalpine, a leading international steel and technology group, has successfully issued its first green corporate bond, raising EUR 500 million. The five-year bond, which offers a coupon of 3.75%, was met with high investor demand and will be … Read the full press release

RWE Partners with Port of Setúbal to Establish Key Hub for Floating Offshore Wind in Portugal

(IN BRIEF) RWE has partnered with the Port Authority of Setúbal in Portugal through a Letter of Support, aiming to transform the port into a key logistics hub for floating offshore wind projects. This initiative aligns with Portugal’s renewable energy … Read the full press release

Vaisala and Estonia Lead the Way with Europe’s First C-Band SSPA Weather Radar Installation

(IN BRIEF) Vaisala and the Estonian Environment Agency have installed Europe’s first C-band Solid-State Power Amplifier weather radar in Tallinn. This advanced technology offers improved weather forecasting accuracy, enhanced system reliability, and lower operational costs compared to traditional radars, setting … Read the full press release

LEGO House Celebrates Global Creativity as 15 AFOLs Showcase Masterpiece Builds from Around the World

(IN BRIEF) Fifteen Adult Fans of LEGO (AFOLs) from nine countries have been selected to showcase their unique LEGO creations at LEGO House in Billund, Denmark. Starting September 27, 2024, visitors will be able to admire their impressive builds at … Read the full press release

Artificial Intelligence Enhances Lives but Cannot Replace Human Essence, Say University of Helsinki Researchers

(IN BRIEF) Artificial intelligence (AI) plays an increasingly significant role in our daily lives, from automated home appliances to digital assistants and even therapeutic robots. While AI can optimize tasks and make life more efficient, ethics researchers from the University … Read the full press release

MAN Truck & Bus and UTA Edenred Launch MAN SimplePay, a Streamlined Digital Platform for Fleet Cost Management

(IN BRIEF) MAN Truck & Bus has partnered with UTA Edenred to launch MAN SimplePay, a digital platform designed to simplify fleet cost management and enhance operational transparency. Launching in late 2024, the platform will enable fleet managers to monitor … Read the full press release

AkzoNobel Unveils Sustainable Metal Effect Coatings with New Particle Technology

(IN BRIEF) AkzoNobel has introduced a new particle technology to meet the rising demand for sustainable metal effect finishes in architectural applications. Their new Interpon D Natural Metals range offers the aesthetic and durable qualities of real metal without its … Read the full press release

Ericsson and INFORM Team Up to Revolutionize Financial Security and Defeat Advanced Fraud

(IN BRIEF) Ericsson has partnered with INFORM to integrate the advanced RiskShield platform into its Mobile Financial Services Platform to enhance security in financial services and combat fraud. The collaboration will provide Ericsson’s global customers, including communication service providers (CSPs), … Read the full press release

GfK Report: Germany’s Consumer Confidence Sees Modest Rebound, But Economic Fears Persist

(IN BRIEF) Germany’s consumer sentiment showed a slight improvement in September 2024, according to the latest GfK report. After a significant drop the previous month, income expectations and willingness to buy have increased, resulting in a modest rise in the … Read the full press release

Jan S. Hesthaven Named New President of KIT, Aims to Elevate Global Research and Partnerships

(IN BRIEF) Professor Jan S. Hesthaven has been appointed as the new President of Karlsruhe Institute of Technology (KIT), effective October 1, 2024. With a focus on furthering the integration of research, academic education, and societal engagement, Hesthaven aims to … Read the full press release

Atos Secures EcoVadis “Platinum” Rating for 5th Consecutive Year in Sustainability Efforts

(IN BRIEF) Atos has been awarded the EcoVadis Platinum Medal for the fifth year in a row, highlighting its exceptional commitment to sustainability and corporate social responsibility (CSR). With a score of 80 out of 100, Atos ranks in the … Read the full press release

Deutsche Bank Strengthens Ocean Protection Policies with Stricter Due Diligence Under #BackBlue Initiative

(IN BRIEF) Deutsche Bank is enhancing its ocean protection policies as part of its continued commitment to the #BackBlue initiative, which it joined in 2023. The new guidelines, set to take effect in Q4 2024, focus on developing financial solutions … Read the full press release

Vattenfall Names Johan Dasht as New Head of Hydro and Nuclear Power Operations

(IN BRIEF) Vattenfall has announced the appointment of Johan Dasht as the new Senior Vice President of its Business Area Generation, which focuses on hydro and nuclear power operations. Dasht, who currently heads Vattenfall’s hydro operations in the Nordics, will … Read the full press release

ANDRITZ Secures Contracts to Boost Brazilian Grid Stability with Synchronous Condensers

(IN BRIEF) ANDRITZ, an international technology group, has secured two contracts in Brazil to supply 330 MVAr synchronous condenser systems, which are essential for improving grid stability in regions increasingly reliant on renewable energy sources like wind and solar. These … Read the full press release