(IN BRIEF) Volkswagen’s battery company, PowerCo SE, plans to build its largest gigafactory in St. Thomas, Ontario, Canada, with an annual production capacity of up to 90 GWh in the final expansion phase. The plant will be PowerCo’s second pillar … Read the full press release
(IN BRIEF) John Williamson has been appointed as the interim chairman of the London Metal Exchange (LME), effective from April 28, 2023. Williamson will replace Gay Huey Evans, who will be stepping down at the end of April. Williamson is … Read the full press release
(IN BRIEF) Nestlé and private equity firm PAI Partners have announced a joint venture for Nestlé’s frozen pizza business in Europe. The transaction, which is subject to employee consultations and regulatory approvals, is expected to close in H2 2023. Financial … Read the full press release
Posted in Business, Food & Beverage, Management, News, Switzerland
Tagged Frédéric Stévenin, frozen pizza, Marco Settembri, Nestlé, PAI, partnership
(IN BRIEF) Groupe BPCE and Paris Musées have signed a three-year partnership agreement to create the “Petit Palais du Sport” venue for the company during the Paris 2024 Olympic and Paralympic Games. The partnership will fund the restoration of the … Read the full press release
(IN BRIEF) Australian company Clough, a subsidiary of Webuild Group, has reached financial closure with Saipem on the Ceres urea plant in Western Australia. The $2.8bn contract with Perdaman Chemicals and Fertilisers will make the largest plant of its kind … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Italy, Management, News
Tagged Clough, Pietro Salini, Saipem, urea plant, Webuild, Western Australia
(IN BRIEF) AFRY, a Swedish engineering company, has decided to terminate its involvement in hydropower projects in Myanmar due to the worsening human rights situation in the country. AFRY has been working on several projects for over 20 years, aiming … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Sweden
Tagged AFRY, human rights, hydropower projects, Myanmar
(NOTICIA EN BREVE) En el primer trimestre de 2023, el Grupo Volkswagen entregó 141.000 vehículos eléctricos (BEV), un aumento del 42 % en comparación con el mismo período de 2022. Europa fue el principal contribuyente a este crecimiento, con un … Read the full press release
(IN BRIEF) In the first quarter of 2023, Volkswagen Group delivered 141,000 electric vehicles (BEVs), an increase of 42% compared to the same period in 2022. Europe was the main contributor to this growth, with a 68% increase in deliveries. … Read the full press release
(IN KÜRZE) Rheinmetall Defense e Lockheed Martin hanno firmato un Memorandum of Understanding (MoU) per collaborare allo sviluppo di un sistema di artiglieria a razzo per la Germania. L’obiettivo è quello di creare soluzioni su misura che utilizzino componenti esistenti … Read the full press release
(IN BRIEF) Rheinmetall Defence and Lockheed Martin have signed a Memorandum of Understanding (MoU) to collaborate on developing a rocket artillery system for Germany. The aim is to create tailored solutions that utilize existing and proven components produced in Germany. … Read the full press release
Posted in Business, Defence, Germany, Industrial, Technology
Tagged Armin Papperger, Lockheed Martin, Paula Hartley, Rheinmetall Defence, rocket artillery system
(ACTUALITÉ EN BREF) Pori Energia Oy, une société énergétique finlandaise, a chargé le groupe technologique international ANDRITZ de mener une étude de faisabilité pour une usine de capture et de stockage du carbone. L’usine sera construite à la centrale de … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Management, Technology
Tagged acier, alliage, Andritz, batteries à flux redox, combustion de carburant riche en oxy, étude de faisabilité, gaz de combustion, Harald Reissner, liquefaction, Pori, Pori Energia Oy, production de vanadium, stockage d'énergie renouvelable, usine de cogénération, usine de vanadium, usines de capture de carbone
(IN BRIEF) Pori Energia Oy, a Finnish energy company, has commissioned international technology group, ANDRITZ, to conduct a feasibility study for a carbon capture and storage plant. The plant will be built at the combined heat and power station in … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Management, Technology
Tagged alloy, Andritz, carbon capture plants, CHP plant, feasibility study, flue gases, Harald Reissner, liquefaction, oxy rich fuel combustion, Pori, Pori Energia Oy, redox flow batteries, renewable energy storage, STEEL, vanadium plant, vanadium production
(IN BRIEF) Transmission system operator TenneT, Hitachi Energy/Petrofac, and three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott, and Siemens Energy/Dragados have signed contracts to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, Media, Netherlands, News
Tagged energy transition, GE/McDermott, GE/Sembcorp (SMOP), Hitachi Energy/Petrofac, infrastructure, Marco Kuijpers, Niklas Persson, partnerships, Pedro Ascorbe, Philippe Piron, Samuel Wong, Siemens Energy/Dragados, Tareq Kawash, Tennet, Tim Holt, Tim Meyerjürgens, Vaseem Khan
(IN BRIEF) Evonik’s Coating Additives Business Line is launching two new wetting agents, TEGO® Wet 290 and TEGO® Wet 296, which can be used on various substrates such as wood, plastic, and metal surfaces. They are especially useful for waterborne … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management, News
Tagged coating additives, coatings, Evonik, Maximilian Morin, metal, plastic, TEGO® Wet 290, TEGO® Wet 296, wetting agents, Wood
(IN BRIEF) Continental has launched its new PremiumContact 7 tire in time for the summer season. The new flagship tire offers increased safety on both wet and dry roads, with new adaptive tread designs for different driving situations, and individual … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Management, News, Security & Safety, Technology
Tagged Auto Bild, Auto Express, Continental, PremiumContact 7 Tire, Tyre Reviews
(IN BRIEF) Tire manufacturer Continental is expanding the electric vehicle charging infrastructure at its three test sites in Arvidsjaur, Jeversen, and Uvalde. The expansion is part of Continental’s strategy to align its in-house development and testing capacities towards electric transportation … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged Arvidsjaur, charging, Continental, e-mobility, electric vehicle tire, Jeversen, Meletis Xigakis, Uvalde, Wolfgang Rötter
(IN BRIEF) The Mayor of Nice and SUEZ present Haliotis 2, France’s largest wastewater recovery and treatment complex, which will eliminate microplastics and generate renewable energy while recycling 5 million cubic meters of water per year. The plant will exceed … Read the full press release
(IN BRIEF) Researchers from Empa have developed a translucent glass brick with good insulation properties thanks to aerogel, which can even be used for load-bearing elements. The glass brick has a measured thermal conductivity of 53 mW/(m∙K) and a compressive … Read the full press release
Posted in Business, Construction, Industrial, Management, News, Switzerland
Tagged aerogel, Empa, insulation, load-bearing walls, translucent glass brick
(IN BRIEF) EQT Mid Market fund has agreed to sell kfzteile24 to an investment consortium comprising of the Company’s management, Project A Ventures, Koehler Group, and a group of technology investors. Kfzteile24, headquartered in Berlin, is a leading eCommerce platform … Read the full press release
Posted in Automotive, Business, Financial, Germany, Investment, Management, News
Tagged automotive spare parts, EQT, kfzteile24, Markus Winter, Vesa Koskinen
(IN BRIEF) Rebus Regionalbus Rostock, a German public transport operator, has signed a deal with Solaris for the supply of 52 Solaris Urbino hydrogen buses, including five 18-meter articulated vehicles, by the end of 2024. The deal, Solaris’ largest contract … Read the full press release
Posted in Business, Environment, Industrial, Management, News, Spain, Transportation & Logistics
Tagged CAF group, hydrogen, partnership, public transport, Rebus Regionalbus Rostock, Solaris
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