Category Archives: Business

Business Press Releases & News distributed via EuropaWire

DNV Grants Approvals to Hanwha Ocean for Innovative LCO2 Carrier and URN Measurement

(IN BRIEF) DNV has awarded Hanwha Ocean an Approval in Principle (AiP) and an Approval of Service Suppliers (AOSS) for two innovations: a large-scale liquefied carbon dioxide (LCO2) carrier tank and an underwater radiated noise (URN) measurement system. The LCO2 … Read the full press release

DNV and Pacific Carriers Limited Strengthen Collaboration for Sustainable Shipping and ESG Initiatives

(IN BRIEF) DNV has signed a Memorandum of Understanding (MoU) with Pacific Carriers Limited (PCL) to collaborate on sustainable vessel designs, decarbonization strategies, and ESG initiatives. This renewed partnership focuses on environmental, social, and governance (ESG) considerations and aligns with … Read the full press release

GTT Receives ABS Approvals and Partners with DHT Holdings Inc. on LNG-Fueled Tanker Projects

(IN BRIEF) GTT has received three Approvals in Principle (AiPs) from the American Bureau of Shipping (ABS) and entered into a Joint Development Project (JDP) with ABS and crude oil tanker company DHT Holdings Inc. These AiPs cover the concept … Read the full press release

Arkema Marks Milestones With 25th Anniversary of Changshu Site and 10th Anniversary of R&D Center

(IN BRIEF) Arkema celebrated the 25th anniversary of its Changshu Site and the 10th anniversary of the Changshu R&D Center. Changshu Site is one of Arkema’s largest industrial platforms globally and integrates production, R&D, and shared services, contributing to the … Read the full press release

Castrol Partners with MIT to Test Lubricants for Lunar Surface Robotic Swarm

(IN BRIEF) Castrol has partnered with the Massachusetts Institute of Technology’s Media Lab to support the AstroAnt Payload Program. AstroAnts are miniature robots designed to perform inspections and diagnostic tasks on the surfaces of spacecraft, rovers, and landers. Castrol will … Read the full press release

Equinor Expands Renewable Portfolio in Poland with Acquisition of Wilko Wind Farm

(IN BRIEF) Equinor has acquired a 26 MW onshore wind farm in Poland, known as the Wilko wind farm, from the Helios Group. The wind farm is located in the Wielkopolska province and will be operated by Wento, Equinor’s subsidiary … Read the full press release

ING Unveils ‘Make it your job’ Campaign Spotlighting Employee Impact and Purpose

(IN BRIEF) ING is launching a new employer branding campaign called ‘Make it your job’ to highlight the positive impact its employees have on customers, the planet, and the financial system. The campaign emphasizes the bank’s employee value proposition, offering … Read the full press release

Vodafone and Ericsson Trial 5G Standalone Network for Enhanced Mobile Gaming Experience

(IN BRIEF) Vodafone and Ericsson conducted a live network trial at Coventry University to assess the impact of a 5G Standalone network on mobile gaming. The trial involved gamers playing cloud-based games on smartphones under two connectivity scenarios: on the … Read the full press release

T-Systems Data Center in Biere Receives European Code of Conduct Award for Energy Efficiency

(IN BRIEF) The European Commission has honored the T-Systems data center in Biere, near Magdeburg, with the European Code of Conduct Award. Among 120 companies considered, the award recognizes data centers that have significantly reduced their energy consumption. The assessment … Read the full press release

T-Mobile US Announces $19 Billion Shareholder Return Program and Dividend Increase Plans

(IN BRIEF) T-Mobile US has announced a second phase of its shareholder return program, allocating up to $19 billion for the period from Q4 2023 to the end of 2024. This program includes quarterly dividends totaling approximately $3.75 billion, beginning … Read the full press release

BAE Systems’ Next-Gen Vehicle Management Computer Boosts F-35 Aircraft Mission Capabilities

(IN BRIEF) BAE Systems has successfully flight tested its next-generation Vehicle Management Computer (VMC) on the F-35 Lightning II aircraft. This technology upgrade will enhance computer performance and address obsolescence issues across all three F-35 variants. The VMC’s advanced control … Read the full press release

Homes England Seeks Development Partner for DeHavilland Park: A Promising Solution to Hertfordshire’s Housing Needs

(IN BRIEF) Homes England, the government’s housebuilding accelerator, is seeking a preferred development partner for a 135-acre site at the former Panshanger Aerodrome in Hertfordshire, now known as DeHavilland Park. The site has been granted permission for 860 residential properties, … Read the full press release

Neste Appoints Members to Shareholders’ Nomination Board for Key Governance Decisions

(IN BRIEF) Neste has appointed members to its Shareholders’ Nomination Board, including representatives from key stakeholders. The Nomination Board plays a crucial role in proposing potential Board members and determining Board remuneration and size for the Annual General Meeting. The … Read the full press release

Lyon’s Holcim Innovation Hub: A Catalyst for Green Building Innovations

(IN BRIEF) Holcim has inaugurated its Innovation Hub in Lyon, France, designed to showcase sustainable building solutions and foster collaboration in the pursuit of low-carbon, circular, and energy-efficient construction methods. The multi-story Hub accommodates start-ups, think tanks, and experts, serving … Read the full press release

Leading Real Estate Firm EQT Exeter Expands European Presence with New Partner

(IN BRIEF) EQT Exeter has appointed Tom Livelli as a Partner, based in Madrid, to lead the expansion of its European multi-family platform. Tom brings significant experience from his previous role as Senior Managing Director at Greystar, where he oversaw … Read the full press release

ABS Production in Tianjin: INEOS and SINOPEC’s New Joint Venture Takes Shape

(IN BRIEF) INEOS and SINOPEC have signed a shareholder agreement to establish a 50:50 joint venture for the construction of a new ABS (Acrylonitrile Butadiene Styrene) plant in Tianjin, China. The plant, utilizing INEOS’ Terluran® ABS technology, will have a … Read the full press release

bp Secures Long-Term LNG Offtake Contract with Woodfibre LNG for Sustainable Energy Transition

(IN BRIEF) bp has secured its third long-term liquefied natural gas (LNG) offtake contract from the Woodfibre LNG facility in British Columbia, Canada. This contract adds 0.45 million tonnes of LNG per year on a free-on-board (FOB) basis for 15 … Read the full press release

Santander CIB Invests in EIT InnoEnergy to Propel Sustainable Energy Innovations

(IN BRIEF) Santander Corporate & Investment Banking (Santander CIB) has acquired a stake in EIT InnoEnergy, a sustainable energy pioneer, as part of a EUR 140 million investment round alongside other strategic partners. This investment aligns with Santander’s strategy to … Read the full press release

SGS Collaborates with EcoSeaStems to Launch ReefTox Test for Assessing Cosmetics’ Impact on Coral Reefs

(IN BRIEF) SGS has partnered with EcoSeaStems to introduce ReefTox, an ecotoxicology test for evaluating the impact of cosmetics products on corals. Developed by biologist Vincent Bourgeteau, ReefTox assesses the toxicity of cosmetics products on 50 coral species found in … Read the full press release

Vincent Jamin Appointed Administrative Director of Eurojust, EU’s Criminal Justice Cooperation Agency

(IN BRIEF) The College of Eurojust has appointed Vincent Jamin as the new Administrative Director of the agency. Jamin, a French prosecutor with 25 years of experience in criminal justice, has held various positions at Eurojust since 2010, including heading … Read the full press release