(IN BRIEF) OMV has secured up to EUR 81.6 million from the EU Innovation Fund through a grant agreement signed by CINEA to develop its industrial ReOil® facility. This historic funding, the largest public grant OMV has ever received for … Read the full press release
Posted in Austria, Belgium, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged chemical recycling technology, CINEA, circular economy, climate neutral by 2050, CO2 emission reduction, EU Innovation Fund, EUR 81.6 million, industrial ReOil facility, low-carbon technologies, Martijn van Koten, mixed plastic waste, OMV, OMV Schwechat refinery, partnership, public grant, ReOil®, sustainability, transformation strategy, used plastics, Vienna
(IN BRIEF) Borealis, in partnership with Ecoplast, has introduced Borcycle™ M CWT120CL, an advanced recycled LLDPE grade designed for non-food flexible packaging. With an 85% post-consumer recyclate content blended with 15% LLDPE booster, this innovative material is engineered for blown … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 15% LLDPE booster, 85% post-consumer recyclate, agricultural films, blown film applications, Borcycle™ M CWT120CL, Borealis, Borealis Group, carbon footprint, circular economy, Ecoplast, EU Packaging and Packaging Waste Regulation, EverMinds™, flexible packaging, industrial films, mechanical recycling, partnership, Peter Voortmans, PPWR, protective films, PRSE Amsterdam, recycled linear low-density polyethylene, rLLDPE, stretch films, stretch hoods, sustainability, Sustainable packaging
(IN BRIEF) ANDRITZ has secured a major order to provide authority engineering services for a 100 MW green hydrogen plant in Rostock, Germany, placed by the joint venture REPCO, which includes major energy companies such as RWE, EnBW, RheinEnergie, and … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, decarbonization, electrolysis, EnBW Neue Energien GmbH, energy transition, EPC, European Hydrogen Backbone, Germany, Green Energy, GREEN HYDROGEN, Hydrogen Core Network, HydrogenPro, HyTechHafen Rostock, partnership, REPCO, RheinEnergie AG, Rostock, Rostock Port GmbH, RWE Generation SE, Salzgitter Flachstahl GmbH, sustainability, sustainable future
(IN BRIEF) ANDRITZ has successfully launched a new pressurized refining system at the Wisewoods mill in Phetchaburi, Thailand, enhancing the mill’s production capacity for high-quality medium density fiberboard from rubberwood. The system’s high-efficiency technology improves fiber quality while reducing energy … Read the full press release
Posted in Austria, Environment, Industrial, Technology
Tagged Andritz, ASIA, collaboration, dewatering, energy consumption, fiber quality, global supplier, high-efficiency pressurized refiner, Ltd, MDF products, Medium Density Fiberboard, Middle East, panelboard industry, Phetchaburi, Plug Screw Feeder, pre-steaming, pressurized refining system, production capacity, Refining, rubberwood, technology group, THAILAND, Wisewoods, Wisewoods Co., wood panel industry
(IN BRIEF) ANDRITZ AG announces the nomination of Barbara Steger to its Supervisory Board, following Alexander Isola’s planned departure. The company also proposes the re-election of Wolfgang Bernhard to continue his valuable contributions. (PRESS RELEASE) GRAZ, 26-Feb-2025 — /EuropaWire/ — The … Read the full press release
Posted in Austria, Industrial, Management, Technology
Tagged 2025, Alexander Isola, Andritz, ANDRITZ AG, Annual General Meeting, Barbara Steger, commercial sciences, corporate governance, diversity, ENGEL Austria GmbH, Engel Group, ENGEL Holding GmbH, Governance, industrial sector, injection molding machines, leadership, legal committee, legal structure, Ludwig Engel GmbH & Co KG, Management, Oberbank AG, re-election, Schönherr Rechtsanwälte, strategic direction, Supervisory Board, Supervisory Board Members, sustainability, Wolfgang Bernhard, women in leadership
(IN BRIEF) Borealis has earned the prestigious EcoVadis Gold rating for 2024, improving its score from 73 to 81 and placing the company among the top 5% in terms of sustainability. This recognition reflects Borealis’ commitment to enhancing recyclability and … Read the full press release
Posted in Austria, Chemicals, Energy, Gas & Oil, Environment, Industrial, Management
Tagged Borealis, carbon footprint, CSR, EcoVadis, environmental performance, ethics, Global Reporting Initiative, Gold Rating, ISO 26000, labor and human rights, polymer industry, recyclability, Stefan Doboczky, supply chain, sustainability, Sustainability Assessment, sustainable sourcing, sustainable sourcing practices, TfS, Together for Sustainability, United Nations Global Compact
(IN BRIEF) Salzgitter has officially broken ground on a 100 MW electrolysis plant designed to produce green hydrogen for low-carbon steel production as part of its SALCOS® program. The project, set to deliver hydrogen starting in 2026, will play a … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Andritz, carbon-free steel, decarbonization, electrolysis plant, energy transition, Gerd Baresch, GREEN HYDROGEN, hydrogen economy, HydrogenPro, low-carbon steel production, partnership, SALCOS, Salzgitter, Sami Pelkonen, steelmaking, sustainability, sustainable steel
(IN BRIEF) On February 18, 2025, the tunnel boring machine (TBM) for VERBUND’s Kaprun 2029 project began its 5.6-kilometre journey from the Limberg valve chamber to the surge tank beneath Maiskogel, marking a key milestone in the project’s modernization efforts. … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Austria, Bernd Raderbauer, environmental impact, Glück Auf, green electricity, headrace, hydropower, hydropower management, infrastructure upgrade, Jürgen Raschendorfer, Kaprun 2029, Kaprun-Hauptstufe power plant, Kathrin Aberger-Dick, Limberg valve chamber, Maria Leo, Marti Tunnel AG, Michael Amerer, modernization, PORR AG, pressure tunnel, Saint Barbara, surge tank, sustainable energy, tunnel boring machine, tunnel boring project, tunnel construction, tunnel patron, underground work, VERBUND
(IN BRIEF) Clean Rivers has partnered with Project STOP to help reduce plastic waste leakage and improve waste management in Indonesia through the Banyuwangi Hijau Phase 3 project. This partnership is part of a broader agreement between the UAE and … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Technology
Tagged Banyuwangi Hijau Phase 3, Borealis, circular waste management, Clean Rivers, Clean Rivers partnership, Deborah Backus, environmental sustainability, Indonesia, Indonesia Ministry of Maritime Affairs and Investment, job creation, job opportunities, Markus Horcher, materials recovery facility, MoU, partnership, plastic pollution, plastic waste reduction, Project STOP, public health, sustainability, sustainable development, UAE, waste management, Widharmika Agung, World Government Summit
(IN BRIEF) A study commissioned by Vienna Insurance Group (VIG) reveals significant gaps in risk awareness among young people aged 18-29, who are more prone to taking risks without fully understanding their potential consequences. The study, conducted across nine countries, … Read the full press release
Posted in Austria, Banks, Business, Economy, Education, Environment, Financial, Industrial, Insurance, Investment, Management, News, Technology
Tagged 18-29 age group, accidents, Cybercrime, Dr. Hartwig Löger, Education, educational initiatives, Financial Knowledge, financial literacy, Financial Planning, Gallup International, health insurance, Health Risks, Omniasig, pensions, property damage, risk awareness, risk literacy, risk perception, self-inflicted accidents, state support, sustainability, Vienna Insurance Group, VIG, Wiener Städtische, young people
(IN BRIEF) The Brick Award, an internationally recognized architectural prize, honors innovative brick architecture and invites submissions from architects, experts, and developers. The award highlights buildings using clay materials such as bricks, clay blocks, pavers, and ceramic panels, with a … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged architectural prize, Awards, Brick Architecture, Brick Award, Building outside the box, categories, clay building materials, climate resilience, Contemporary Architecture, energy efficiency, Feeling at home, independent architecture critics, leadership, Living together, Sharing public spaces, submission period, sustainability, visionary architects, Wienerberger, Working together
(IN BRIEF) ANDRITZ has supplied and commissioned an advanced neXline airlay system for Revibat in France, which allows the company to convert glass wool waste into valuable building insulation panels, reducing landfill waste and the carbon footprint. The system processes … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, building insulation, carbon footprint, circular economy, eco-organizations, France, glass wool waste, industrial-scale processing, insulation panels, neXline airlay system, Nicolas Brousse, nonwoven material, Paris region, partnership, recycled building materials, recycling, Revibat, sustainability, sustainable construction
(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
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged 2029, Air Conditioning, Andre Rodenbeck, Austrian Federal Railways, baby carriages, barrier-free access, bicycles, commuter trains, Czech Republic, electric multiple-unit trains, ETCs, European Train Control System, Framework Agreement, Germany, Mireo trains, ÖBB, partnership, passenger service, power sockets, regional transport, Siemens Mobility, skis, snowboards, sustainability, wheelchair accessibility, Wi-Fi
(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
Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged air float stacker, Andritz, coated materials, coil capacity, cold-rolled, cut-to-length line, industrial equipment, line safety fencing, metals processing, metals service center, Minneapolis, Olympic Steel, partnership, pickled and oiled, Precision Leveler®, production capabilities, production shear, reject stacking, roll feed system, stainless, UL-certified, weigh scale, yield strengths
(IN BRIEF) Steyr Motors AG has been officially listed on the Vienna Stock Exchange, with trading starting in the exchange-regulated direct market plus segment. The company’s shares opened at EUR 14.90, bringing the market capitalization to EUR 77.48 million. Steyr … Read the full press release
Posted in Austria, Automotive, Business, Economy, Environment, Financial, Industrial, International Trade, Investment, Management, Marketing, News, Technology
Tagged auxiliary power units, B&C Group, battle tanks, boats, capital market coach, Capital Market Coaches, Direct Funding Partners, direct market plus, EUR 14.90, EUR 77.48 million, growth companies, Hauck Aufhäuser Lampe Privatbank AG, high-performance engines, investors, Julian Cassutti, locomotives, market capitalization, market maker, military vehicles, partnership, SMEs, Steyr Motors AG, Upper Austria, Vienna MTF market, Vienna Stock Exchange, visibility
(IN BRIEF) Borealis has signed a distribution agreement with Tegral Materials, a member of the Vinmar Group, to expand its polyolefin solutions across Belgium, France, Germany, Luxembourg, and the Netherlands. The agreement will include Borealis’ full portfolio of polyethylene and … Read the full press release
Posted in Austria, Belgium, Business, Chemicals, Environment, Financial, France, Germany, Government, Industrial, Investment, Luxembourg, Management, Marketing, Netherlands, News, Technology
Tagged Borealis, Craig Arnold, distribution agreement, European distribution, Flexible Consumer Packaging, High Performance Solutions, partnership, polyethylene, polyolefin solutions, polyolefins, polypropylene, Rigid Consumer Packaging, sustainability, Tegral Materials, Vinmar Group, Vishal Goradia
(IN BRIEF) ANDRITZ has successfully supplied and commissioned a reXline tearing installation at Aitex in Alicante, enhancing the center’s capabilities for textile recycling research and development. The installation will support Aitex’s efforts to process a variety of raw materials, specifically … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged agrotextiles, Aitex, Alicante, Andritz, automotive, equipment customization, fashion, geotextiles, INNOVATION, OEKO-TEX®, partnership, post-consumer waste, post-industrial waste, R&D, Recycling Solutions, reXline tearing installation, sustainability, technical services, technology group, TEXTILE RECYCLING, textile research, Vincent Blanes
(IN BRIEF) ANDRITZ has commissioned an advanced teXline bast fiber line at Ekolution’s new facility in Malmö, Sweden, designed to boost production of environmentally friendly hemp fibers and nonwoven felts. The equipment will process industrial hemp through decortication and refining, … Read the full press release
Posted in Austria, Environment, Industrial, Sweden, Technology
Tagged Acoustics, Andritz, automotive, bio-based, carbon-negative, CEO, circular technologies, construction, Ekolution, energy-efficient, Environmental Product Declaration, Francis-Elias Junker, furniture, green transition, hemp decortication, hemp fiber insulation, hemp fibers, hemp products, industrial hemp, logistics center, Malmö, natural fibers, neXline airlay line, nonwoven felts, Nonwovens & Textile division, packaging, pulp and paper, Refining, Remi Loren, renewable resources, Stockholm, sustainable, sustainable building materials, Sweden, teXline bast fiber line, textiles
(IN BRIEF) Kapsch TrafficCom’s joint venture with Indra and Worldline has been awarded an EUR 83 million contract by Spain’s DGT for support and technical assistance in managing an automated traffic violation processing system in León. The contract, which runs … Read the full press release
Posted in Austria, Infrastructure & Utilities, Spain, Technology, Transportation & Logistics
Tagged automated complaints, automated traffic violation processing, citizen services, contract, DGT, Dirección General de Tráfico, EUR 83 million, hardware, Indra, Javier Aguirre, joint venture, Kapsch TrafficCom, León, maintenance, predictive maintenance, road safety, Spain, speed measurement, traffic enforcement, video surveillance, Worldline
(IN BRIEF) SFE has awarded ANDRITZ a contract to supply advanced electromechanical equipment for the new Øksenelvane hydropower plant, which will significantly increase clean energy production in Norway. The project is set to play a key role in supporting Norway’s … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Andritz, clean energy, Firdakraft AS, grid stability, hydropower contract, hydropower solutions, Norway, partnership, Pelton turbines, renewable electricity, renewable energy, SFE, Sogn og Fjordane Energi, sustainability, sustainable energy future, Øksenelvane hydropower plant
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