(IN BRIEF) ANDRITZ, a global technology group, is relocating and upgrading a fiberline for Yueyang Forest & Paper to produce premium-quality fibers for its advanced paper machine. Originally supplied in 2011, the fiberline will now be moved to Yueyang city, … Read the full press release
Posted in Austria, Business, Environment, Industrial, Technology
Tagged Andritz, CHINA, fiberline, fibers, fine paper, Hunan Province, industrial paper, Mr. Xu Jianhong, P-RC APMP, packaging paper, paper machine, PrimeMSD Impressafiner, printing papers, writing papers, Yuanjiang city, Yueyang Forest & Paper
(IN BRIEF) Kapsch TrafficCom has received an award at the Austria’s Leading Companies ceremony for its “Responsible Annotation” project, which focuses on integrating people with disabilities into the workforce. The project, initiated in 2019, provides opportunities for young individuals at … Read the full press release
(IN BRIEF) VRG Components, a global distributor of electronic components, has announced a partnership with Insistra, an Austrian-based agency. Both companies share a commitment to quality, timely deliveries, and customer service. Insistra will work with Austrian manufacturers to address supply … Read the full press release
(IN BRIEF) Lenzing Group, a global producer of wood-based specialty fibers, and Kaihara, a Japanese denim manufacturer, have formed a groundbreaking partnership to redefine denim fashion on a global scale. Leveraging TENCEL™ branded fibers, their collaboration aims to cater to … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Industrial
Tagged branded fibers, Dennis Hui, fabric innovation, fiber, HIROFUMI Inagaki, Japanese denim manufacturer, Kaihara, Kaihara x TENCEL™ Denim Week, Lenzing Group, Lyocell, Modal, sustainable fashion, Tencel™, wood-based specialty fibers
(IN BRIEF) AMAG, an Austrian corporation, has been honored at the Cercle Investor Relations Austria (CIRA) Annual Conference for its exceptional sustainability reporting. The conference has been recognizing Austrian companies for their capital market communication since 2016, with a focus … Read the full press release
Posted in Austria, Awards, Business, Environment, Management, Metals and Minerals, News
Tagged AMAG, Award, Christoph Gabriel, CIRA Annual Conference, Gerald Mayer, Prof. Dr. Henning Zülch, sustainability
(IN BRIEF) ANDRITZ, a global technology group, will supply a pressurized refining system to Sonae Arauco Deutschland GmbH’s Meppen mill in Germany. This system will enable the production of wood-based insulation products and marks ANDRITZ’s 15th insulation board production line … Read the full press release
Posted in Austria, Business, Construction, Germany, Industrial, Technology
Tagged Andritz, Bernd Runge, Christian Rosypal, Frank Guennemann, Germany, insulation board production line, insulation boards, Irma Stoffelen, Meppen, Michael Rupp, mill, Paulo Pinto Sousa, Pedro Marujo, pressurized refining system, Sami Mrad, Sonae Arauco Deutschland GmbH, Winfried Farwick, wood-based insulation products
(IN BRIEF) AMAG Austria Metall AG has renewed its multi-year supply contract with Airbus. This contract renewal allows AMAG to increase its business volume due to rising aircraft production rates and a larger market share. AMAG will supply certified rolled … Read the full press release
Posted in Austria, Aviation & Aerospace, Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Airbus, AMAG Austria Metall, Gerald Mayer, partnership, sustainability
(IN BRIEF) voestalpine, a leading global steel and technology group, has commenced construction for its greentec steel project at its Linz headquarters in Austria. This initiative aims to electrify energy-intensive processes in steel production using two green electricity-powered electric arc … Read the full press release
(IN BRIEF) Lenzing Group, a global producer of wood-based specialty fibers, has partnered with Kentaur, a Danish manufacturer of innovative workwear, to create a pilot collection of chef uniforms focused on circularity, durability, and functionality. These uniforms consist of 50% … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Alexandra Steger, Chef Uniforms, Christian Beirholm, Kentaur, Lenzing, lyocell fibers, partnership, REFIBRA™, sustainability, technology, Tencel™, workwear
(IN BRIEF) ANDRITZ, an international technology group, will rebuild Holmen Paper’s paper machine at the Braviken mill in Sweden to enhance production flexibility. This initiative will allow Holmen Paper to increase the production of fluting for corrugated boxes while ensuring … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Andritz, Gerald Steiner, Holmen Paper, innovative, Ola Schultz-Eklund, Paper Machine Rebuild, partnership, sustainability, Sweden
(IN BRIEF) SAP has unveiled a series of enhancements to its spend management and business network solutions, incorporating generative AI into category management, introducing the SAP Spend Control Tower with advanced AI features, embedding AI-powered supplier risk assessment, and partnering … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged AI, innovations, Muhammad Alam, SAP, Scoutbee GmbH
(IN BRIEF) International technology group ANDRITZ is set to deliver a complete fiber preparation line for a groundbreaking greenfield plant in Egypt’s Toshka region. This pioneering facility, supported by ANDRITZ in partnership with WESER Industrie- und Anlagentechnik GmbH and DIEFFENBACHER … Read the full press release
(IN BRIEF) Effective from October 1, 2023, Felix Haar has assumed the role of Regional Director for Salzburg, responsible for UniCredit Bank Austria’s corporate banking business in the region. He succeeds Hartmut Staltner, who will transition to working on strategic … Read the full press release
Posted in Austria, Banks, Business, Financial, Industrial, Investment, Management, News
Tagged appointment, Corporate Banking Business, Dieter Hengl, Felix Haar, Hartmut Staltner, leadership, Salzburg, UniCredit Bank Austria
(IN BRIEF) Bosch Power Tools plans to purchase around 50% of FerRobotics Compliant Robot Technology GmbH, a global leader in contact-sensitive automation. The deal, signed on September 29, 2023, aims to expand Bosch Power Tools’ presence in the accessories market … Read the full press release
(IN BRIEF) Borealis and TotalEnergies are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Pasadena, Texas. Representing a significant investment of USD 1.4 billion, this state-of-the-art unit, referred to as Bay 3, doubles … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Baystar, Bernard Pinatel, Borealis, Borstar® polyethylene (PE) unit, partnership, Pasadena, petrochemical, polyethylene unit, sustainability, Texas, Thomas Gangl, TotalEnergies
(IN BRIEF) ÖBB Rail Cargo Group (RCG) in partnership with Ukrainian Railways (UZ) has launched the TransFER Vienna-Kyiv route, connecting Ukraine to RCG’s intermodal network, TransNET. The inaugural test train successfully transported non-craneable semi-trailers carrying building materials from Kyiv to … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Ukraine
Tagged Intermodal Freight Transport, ÖBB Rail Cargo Group, partnership, sustainability, TransFER Route, Transnet, Ukrainian Railways
(IN BRIEF) Zhejiang Jingxing Paper Co., Ltd., a prominent Chinese packaging paper and household tissue manufacturer, has successfully initiated operations on a high-capacity deinking pulp (DIP) line supplied by ANDRITZ at its facility in Pinghu City, Zhejiang Province, China. This … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, DIP Line, efficiency, Mr. Li Liubai, partnership, Quality, sustainability, Zhejiang Jingxing Paper
(IN BRIEF) Equinor has entered into a new five-year gas sales agreement with OMV, Austria’s major energy company. Starting from October 1, this year, the deal involves an annual gas volume of 12 TWh, with delivery to OMV’s European portfolio … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Norway
Tagged energy company, Equinor, gas sales agreement, Helge Haugane, OMV, Trading Hub Europe
(IN BRIEF) Vienna Stock Exchange has introduced three new thematic indices to reflect long-term investment trends in the Central and Eastern European (CEE) region. These indices are CECE Reshoring, CECE Commodity Producers, and CECE Clean Energy. CECE Reshoring comprises companies … Read the full press release
(IN BRIEF) ANDRITZ, a technology group known for processing various fibers in pulp and paper mills worldwide, has renewed its collaboration with Vienna’s Schönbrunn Zoo to provide specially prepared bamboo for the zoo’s giant pandas. In response to a unique … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Bamboo Diet, Denis Jozic, Eveline Dungl, giant pandas, Laura Liukkonen, partnership, Schönbrunn Zoo, sustainability, Vienna, Yang Yang, Yuan Yuan
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