(IN BRIEF) Evonik Industries has successfully relocated and expanded its precious metal powder catalyst plant in the Shanghai Chemical Industrial Park (SCIP). Production at the new facility is set to commence in the fourth quarter of 2023. The expanded plant … Read the full press release
(IN BRIEF) Ahlstrom, a specialty materials company, has announced the appointment of Niklas Beyes as Chief Financial Officer (CFO) and Wolfgang Laures as Chief Operating Officer (COO). Both individuals will join Ahlstrom’s Executive Management Team, with Beyes assuming his role … Read the full press release
Posted in Business, Environment, Finland, Industrial, Management, News
Tagged Ahlstrom, appointment, CFO, COO, Helen Mets, Jorn P. Jensen, leadership, Markus Westerkamp, Niklas Beyes, Wolfgang Laures
(IN BRIEF) ENERCON has introduced a new E-nacelle, a crucial component in wind energy converters, designed for improved efficiency and cost-effectiveness. This E-nacelle, based on innovative converter technology, eliminates the need for a steel frame, streamlining production processes. The company … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged Converters, E-160 EP5, E-175 EP5, E-nacelle, Enercon, innovative, wind energy
(IN BRIEF) Continental, the tire manufacturer, has integrated recovered carbon black (rCB) into its newly produced Super Elastic solid tires at its tire plant in Korbach, Germany. This initiative reduces the use of fossil raw materials and lowers CO2 emissions. … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Management, News
Tagged Continental, Matthias Haufe, Matthias-Stephan Müller, Recovered Carbon Black, sustainability, tire
(IN BRIEF) Webasto, an automotive supplier, has revealed a prototype of an integrated sensor roof module designed for autonomous driving applications. To achieve this, Webasto employed Covestro’s transparent polycarbonate Makrolon® AG and the black PC-ABS Bayblend® T95 MF. Makrolon® AG … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Aesthetic Sensor Roof Module, autonomous driving, black PC-ABS Bayblend®, Covestro, Dr. Fabian Grote, Makrolon® AG, partnership, Polycarbonates, sustainability, Webasto
(IN BRIEF) The ORLEN Group has chosen Budimex as the contractor for the onshore portion of its installation terminal, designed to support offshore wind farms. Construction is set to commence in October and is expected to conclude by late 2024 … Read the full press release
(IN BRIEF) Rheinmetall has fulfilled its contract to provide Ukraine with a cutting-edge mobile field hospital, following an agreement with the German Ministry of Defence in September 2022. Valued at approximately €9 million, this state-of-the-art hospital consists of 32 beds, … Read the full press release
Posted in Business, Defence, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Technology, Transportation & Logistics, Ukraine
Tagged Hauke Bindzus, Mobile Field Hospital, Rheinmetall, UKRAINE
(IN BRIEF) Eurex, a leading derivatives exchange, has garnered significant interest in its Short-Term Interest Rate (STIR) Partnership Program extension. As of now, 18 participants from the U.S., U.K., and Continental Europe have registered for the program. This expansion aims … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, International Trade, Investment, Management, News
Tagged Deutsche Börse, Eurex, expansion, Financial, Matthias Graulich, partnership, STIR
(IN BRIEF) Solaris, a major player in hydrogen-based zero-emission transport solutions in Europe, has secured significant contracts to supply hydrogen buses to Bologna and Venice in Italy, as well as Cologne in Germany. These contracts, totaling approximately €150 million, highlight … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Italy, Management, News, Spain, Transportation & Logistics
Tagged Bologna, CAF, Cologne, hydrogen buses, partnership, Solaris, sustainability, Venice
(IN BRIEF) Coface’s latest survey on corporate payment experience in Germany indicates a return to normalcy in payment trends after the disruptions caused by the COVID-19 pandemic and the war in Ukraine. In 2023, more companies offered payment terms, resembling … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Industrial, Insurance, Investment, Management, News
Tagged COFACE, Financial, German companies, investment, Payment Trends
(IN BRIEF) Seadrill Limited has initiated a share repurchase program, previously authorized by its Board of Directors, allowing the company to repurchase up to $250 million worth of its common shares. The program, which has no specified time limit, involves … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Financial, investment, Seadrill
(IN BRIEF) Malawi has initiated a nationwide rollout of the Typhoid Conjugate Vaccine (TCV), making it available for all children under 15. This move follows successful vaccine trials in the country, where over 7 million children received the TCV. The … Read the full press release
Posted in Business, Government, Healthcare, Industrial, Management, News, Science, United Kingdom
Tagged CHILDREN, Dr Mike Chisema, immunisation, Kamuzu University of Health Sciences, Liverpool School of Tropical Medicine, MALAWI, Malawi-Liverpool-Wellcome Programme (MLW), partnership, Professor Melita Gordon, Typhoid Vaccine, University of Liverpool, Wellcome Trust
(IN BRIEF) The University of Liverpool’s English Department is set to host the eighth annual Liverpool Literary Festival from October 6 to October 8. Led by Festival Director Professor Greg Lynall, the event promises a dynamic roster of authors, discussions, … Read the full press release
Posted in Art & Culture, Business, Education, Industrial, Marketing, Media, News, United Kingdom
Tagged Anthony Quinn, Ashleigh Nugent, authors, conversations, Cultural Enrichment, Dr Daniel O’Connor, Dr Ellie Lybeck, Dr Lucienne Loh, Dr Matthew Bradley, Dr Melissa Raines, Emma Flint, Hannah Lowe, Jen Hayes, Jenny Radcliffe, Jonathan Coe, Liverpool Literary Festival 2023, Neil Bartlett, Professor Greg Lynall, Stuart Maconie, University of Liverpool
(IN BRIEF) In a creative collaboration between Empa researchers, school children, and the St. Gallen University of Teacher Education, a visionary children’s book about the circular economy is being developed to inspire readers of all ages. The project, known as … Read the full press release
Posted in Business, Economy, Education, Environment, Industrial, Management, News, Switzerland
Tagged circular economy, Empa, Harald Desing, Marion Rogalla, partnership, School children, sustainability, SWICO, V-Zug, Visionary Children's Book
(IN BRIEF) Incheon International Airport Corporation (IIAC) has awarded a significant contract to Indra, further solidifying the company’s role in bolstering flight safety within the Republic of Korea. Indra is set to provide its advanced Normarc instrument landing systems (ILS), … Read the full press release
Posted in Aviation & Aerospace, Business, Government, Industrial, Management, News, Security & Safety, Spain
Tagged flight, Incheon Airport, Indra, navigation systems, partnership, safety, South Korea
(IN BRIEF) Neste, a leading energy company, has reported an improved outlook for its Oil Products segment’s margin in the third quarter of 2023. Despite the ongoing volatility in oil markets, margins for diesel and gasoline in Northwest Europe have … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged expansion, Financial, Neste, oil products, refinery, Singapore, Susanna Sieppi
(IN BRIEF) Italy’s Ministry of the Environment and Energy Security has granted authorization for the Tyrrhenian Link, a transformative project by Terna connecting Sardinia, Sicily, and Campania via a direct current submarine power line. This crucial development, part of Italy’s … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Campania, clean energy, Gilberto Pichetto Fratin, Giuseppina Di Foggia, infrastructure, Italy, partnership, Sardinia, Sicily, sustainability, Terna, Tyrrhenian Link
(IN BRIEF) Symrise Perfumery School has introduced an innovative approach to trainee perfumer education through a two-day watercolor workshop titled “Forest. City. Fragrance.” Trainees visited Berlin and, guided by artists, translated their experiences of nature and urban environments into watercolor … Read the full press release
Posted in Apparel, Fashion & Beauty, Art & Culture, Business, Chemicals
Tagged Alicia De Benito Cassadó, art safari, Attiya Lebogang Setai, Christopher Pickel, fragrance, fragrance creations, fragrances, Gabriela Gerbi, Marc vom Ende, perfumers, Shangyun Lu, Symrise Perfumery School, trainee perfumers, watercolor workshop, workshop
(IN BRIEF) Savills, the international real estate advisor, has appointed Caroline Pontifex as the new head of its workplace consultancy and design studio, KKS Savills. Caroline brings over 35 years of experience and specializes in occupier and workplace strategy. She … Read the full press release
Posted in Business, Management, Real Estate, United Kingdom
Tagged Allen & Overy, appointment, AXIS Capital, BlackRock, Calatrava International, Carl Mitchell, Caroline Pontifex, change management, design studio, Great Portland Estates, interior design, Katrina Kostic Samen, KKS Savills, Landsec, leadership, Paul Butterworth, real estate advisor, Savills, Simon Collett, Sohar International bank, workplace consultancy, Yetta Reardon Smith
(IN BRIEF) Nordic Investment Bank (NIB) has issued a SEK 2 billion Environmental Bond (NEB), marking its commitment to sustainability. This is NIB’s second NEB this year, following a EUR 500 million issuance in January. The funds raised will support … Read the full press release
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