Daily Archives: 12, February 2025

Uniper and Kyuden International Partner to Expand Hydrogen and Ammonia Trading in Global Energy Market

(IN BRIEF) Uniper SE and Kyuden International Corporation have signed a Memorandum of Understanding (MoU) to collaborate in hydrogen and ammonia trading, renewable energy, and carbon capture utilization and storage (CCUS). The partnership combines Uniper’s global portfolio of low-carbon and … Read the full press release

LANXESS Introduces Scopeblue: A Sustainable Solution for Iron Oxide Pigments

(IN BRIEF) LANXESS is launching a sustainable version of its Bayferrox iron oxide yellow pigment, branded under the Scopeblue label. These new pigments, made with eco-efficient raw materials and renewable energy, offer a 35% reduction in carbon footprint compared to … Read the full press release

E.ON, Coventry City Council, and Kestrix Launch Thermal Drone Project to Improve Energy Efficiency

(IN BRIEF) E.ON, Coventry City Council, and Kestrix have partnered to enhance energy efficiency in the city using thermal camera drones and 3D heat loss modelling to collect data on heat losses from buildings. This collaboration aims to improve energy … Read the full press release

TotalEnergies Partners with GSPC for Long-Term LNG Supply to Support India’s Energy Transition

(IN BRIEF) TotalEnergies and Gujarat State Petroleum Corporation Limited (GSPC) have signed a ten-year Sale and Purchase Agreement, under which TotalEnergies will supply GSPC with 400,000 tons of liquefied natural gas (LNG) annually starting in 2026. The LNG will primarily … Read the full press release

Alexion and DHL Express Lead with 100% Transition to Sustainable Aviation Fuel in Europe

(IN BRIEF) Alexion, AstraZeneca Rare Disease, has partnered with DHL Express to become the first company in Ireland to fully transition its air freight operations to 100% Sustainable Aviation Fuel (SAF). This switch will reduce greenhouse gas emissions by over … Read the full press release

T-Systems Launches Secure AI Foundation Services for Scalable, Compliant Enterprise AI Deployment

(IN BRIEF) T-Systems has introduced its AI Foundation Services to provide secure, scalable, and compliant AI solutions for businesses, particularly in regulated sectors like healthcare and public administration. The services include over 15 Large Language Models (LLMs) and pre-configured solutions … Read the full press release

Siemens Partners with Guofu Hydrogen and RCT GH Hydrogen to Drive Green Hydrogen Expansion

(IN BRIEF) Siemens has partnered with Guofu Hydrogen and RCT GH Hydrogen to advance the global hydrogen value chain, particularly in the production of electrolyzers and green hydrogen. Siemens will act as the preferred supplier and technology partner, contributing solutions … Read the full press release

DPG Media Partners with EIB for €120 Million Loan to Drive Digital Transformation

(IN BRIEF) DPG Media Group has secured a €120 million loan from the European Investment Bank (EIB) as part of its ongoing digital transformation, which involves investing €392 million in the period 2024-2026. The loan will help accelerate the company’s … Read the full press release

EIB and Santander Partner to Unlock €8 Billion for Europe’s Wind Energy Industry

(IN BRIEF) The European Investment Bank (EIB) and Santander have signed a €500 million counter-guarantee agreement, allowing Santander to create a portfolio of guarantees worth up to €1 billion. This agreement is expected to unlock €8 billion in investments to … Read the full press release

EIB Global, UNDP, and EU Delegation Drive Green Transition Financing in Serbia

(IN BRIEF) EIB Global, alongside the UNDP, the EU Delegation to Serbia, the Ministry of Environmental Protection, and the Association of Serbian Banks, co-hosted a conference to promote green transition financing in Serbia. The event emphasized the importance of establishing … Read the full press release

DHL Global Forwarding Advocates for ‘China Plus X’ Strategy to Strengthen Global Supply Chains

(IN BRIEF) DHL Global Forwarding’s latest white paper emphasizes the importance of adopting multi-shoring strategies, expanding beyond the traditional “China Plus 1” model to include several global regions. The “China Plus X” approach aims to diversify production and supplier locations, … Read the full press release

Bentley Motors Opens New Excellence Centre in Crewe to Support Electric Vehicle Development

(IN BRIEF) Bentley Motors has officially opened its new Excellence Centre for Quality & Launch at its Crewe headquarters. The facility is a key component of the brand’s Beyond100+ strategy, designed to support the development of Bentley’s first fully electric … Read the full press release

Chemetall Transition to 100% Renewable Electricity at Michigan Facility to Reduce CO2 Emissions

(IN BRIEF) Chemetall, part of BASF’s Coatings division, has transitioned its Blackman Township production facility in Michigan to 100% renewable electricity, marking a significant step in its sustainability efforts. Partnering with BASF Renewable Energy, the facility will use wind and … Read the full press release

Siemens Mobility Expands Mireo Fleet for ÖBB with 30 New Trains for Austrian Rail Network

(IN BRIEF) Siemens Mobility has secured an additional order from Austrian Federal Railways (ÖBB) for 30 Mireo trains, increasing their fleet to 100. The new trains, which will include both three-car and four-car units, are scheduled to enter passenger service … Read the full press release

Siemens Mobility and Leonhard Weiss Secure Major Contract for Germany’s Rail Modernization

(IN BRIEF) Siemens Mobility, in partnership with Leonhard Weiss, has secured a significant share of Deutsche Bahn’s (DB) first-ever volume contract for the modernization of Germany’s rail network. Valued at €2.8 billion for the consortium, the contract is part of … Read the full press release

Philippe Maillard Appointed Chief Operating Officer of BNP Paribas to Drive Operational and Technological Transformation

(IN BRIEF) Philippe Maillard has been appointed as the new Chief Operating Officer (COO) of BNP Paribas, effective 11 February 2025. Maillard, who previously served as COO of BNP Paribas’ Corporate & Institutional Banking (CIB) division, will now join the … Read the full press release

Fortum Launches Feasibility Study to Expand Pumped Hydro Storage in Sweden

(IN BRIEF) Fortum has initiated a two-year feasibility study to explore the potential for new pumped hydro storage plants in Sweden, focusing on three specific regions: Lekstjärnen, Bastvålen, and Höljessjön. The study will assess the economic, technological, environmental, and regulatory … Read the full press release

ANDRITZ to Supply Olympic Steel with Advanced Cut-to-Length Line for Minneapolis Facility

(IN BRIEF) ANDRITZ has secured a contract to supply Olympic Steel with a new cut-to-length line at their Minneapolis facility. This state-of-the-art equipment, scheduled for commissioning in late 2025, will enhance Olympic Steel’s production efficiency. The line can process a … Read the full press release

Novartis Acquires Anthos Therapeutics to Advance Abelacimab in Stroke and Thrombosis Prevention

(IN BRIEF) Novartis has announced its acquisition of Anthos Therapeutics, a Boston-based biopharmaceutical company focused on developing abelacimab, an investigational monoclonal antibody currently in Phase 3 trials for preventing stroke and systemic embolism in patients with atrial fibrillation. This acquisition … Read the full press release