Daily Archives: 10, March 2025

Hydro Energi Locks in 660 GWh Renewable Power Deal with NTE to Boost Low-Carbon Aluminium Production

(IN BRIEF) Hydro Energi AS has entered into a long-term power purchase agreement with NTE to secure 660 GWh of renewable energy for the period from January 1, 2027, to December 31, 2029. This contract is a key component of … Read the full press release

Continental’s Korbach Plant Secures ISCC PLUS Certification, Paving the Way for a Sustainable Tire Future

(IN BRIEF) Continental’s Korbach tire facility in Hanover has earned the ISCC PLUS certification, demonstrating its commitment to sustainable production by rigorously documenting and tracking the use of renewable and recycled materials. By implementing a mass balance approach, the company … Read the full press release

Investor AB Eyes Next-Gen Leadership as Fred Wallenberg Nominated to Replace Gunnar Brock at 2025 AGM

(IN BRIEF) Gunnar Brock, a veteran of the Investor Board since 2009, will not be seeking re-election at the 2025 AGM, and the Nomination Committee has proposed Fred Wallenberg as his replacement. Fred, currently the Business Development and M&A Director … Read the full press release

Gelato Founder Henrik Müller-Hansen Joins Patricia Industries Board to Boost Global Strategy

(IN BRIEF) Henrik Müller-Hansen, CEO and founder of Norwegian company Gelato, has joined the Board of Directors at Patricia Industries, bringing his extensive telecom and international business expertise to the team. Chair Marcus Wallenberg highlighted the value of Henrik’s strategic … Read the full press release

Data and Tech Lead the Way for British Businesses Amid Economic Challenges

(IN BRIEF) New research released during Credit Awareness Week reveals that British businesses face significant challenges from rising costs and economic uncertainty, with many turning to data and technology to enhance customer experience, streamline operations, and drive financial inclusion. The … Read the full press release

Reviving a Lost Maritime Legacy: Exeter Researchers Collaborate with Indian Boatbuilders to Recreate Historic Chhot Boat

(IN BRIEF) Researchers from the University of Exeter have joined forces with local boatbuilders in West Bengal to revive the traditional chhot boat, once famed for its exceptional handling in estuarine waters. Led by Professor John P. Cooper and the … Read the full press release

Wolters Kluwer Taps Fintech Leader Lisa Nelson as New CEO to Drive Compliance Innovation

(IN BRIEF) Wolters Kluwer has named fintech veteran Lisa Nelson as CEO of its Financial & Corporate Compliance division, effective March 31. With more than 25 years of experience in financial services and a proven track record at Equifax, FICO, … Read the full press release

LANXESS Introduces Breakthrough Resin for Superior PFAS Removal in Water Treatment

(IN BRIEF) LANXESS has launched Lewatit MDS TP 108, a cutting-edge ion exchange resin specifically designed to remove short-chain PFAS from water. The new resin, which targets the smallest and most challenging PFAS compounds, offers nearly twice the service life … Read the full press release

BASF Coatings and NIO Forge Strategic Alliance to Transform Electric Vehicle Coatings

(IN BRIEF) BASF Coatings and NIO have signed a Letter of Intent to establish a long-term strategic partnership focused on enhancing automotive exterior coatings for NIO’s electric vehicles. The agreement outlines a framework for annual strategic dialogues, covering market development, … Read the full press release

Axiom Space Leverages Siemens Xcelerator for Agile, Cost-Efficient Space Innovation

(IN BRIEF) Axiom Space has adopted Siemens Xcelerator to modernize its development of next-generation space infrastructure. The integration of this advanced software will streamline the entire process—from design and manufacturing to testing—by utilizing digital threads and twins. This shift to … Read the full press release