(IN BRIEF) Volvo Penta and FTMH have expanded their partnership to include the development of electric forklifts. FTMH, an Italian heavy equipment manufacturer, will work closely with Volvo Penta to electrify various forklift models. The collaboration demonstrates the success of … Read the full press release
Posted in Business, Electronics & Machinery, Industrial, Italy, Sweden, Technology, Transportation & Logistics
Tagged D11 diesel engines, e-forklifts, electric forklifts, electromobility, Eugenio Ponzini, Fantuzzi Team Material Handling, forklift, FTF 26-12 EL, FTMH, heavy equipment, Ilenia Procicchiani, reach stackers, Volvo Group, Volvo Penta, Volvo Penta D8, Zeyd Okutan
(IN BRIEF) KPN, the telecommunications company, held an Extraordinary General Meeting of Shareholders where the appointment of Ms. Marga de Jager to the Supervisory Board was approved. Ms. De Jager replaces Ms. Chantal Vergouw, who will now join the Board … Read the full press release
(IN BRIEF) Fortum and Korea Hydro & Nuclear Power Co., Ltd. (KHNP) have signed a memorandum of understanding (MoU) to strengthen their collaboration in the field of nuclear power. The MoU covers cooperation and information exchange on future nuclear power … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management, Technology
Tagged Finnish Outokumpu, Fortum, French EDF, Helen, Jooho Whang, KHNP, Korea Hydro & Nuclear Power Co., Ltd., Markus Rauramo, Nuclear Feasibility Study, nuclear power plants, nuclear power technology supplier, Rolls-Royce SMR, Small Modular Reactors, South Korean nuclear fleet
(IN BRIEF) Caixa Geral de Depósitos (CGD) and the European Investment Fund (EIF) have signed an agreement to provide up to €378 million in new credit lines for Portuguese small and medium-sized enterprises (SMEs). Supported by the InvestEU program, the … Read the full press release
Posted in Banks, Business, European Union, Financial, Luxembourg, Portugal, Small Business
Tagged Caixa Geral de Depósitos, Caixa InvestEU Green, Caixa InvestEU Inovação, Caixa InvestEU Start, CGD, EIF, European Investment Fund, InvestEU program, Marjut Falkstedt, Paolo Gentiloni, Paulo Moita de Macedo, Ricardo Mourinho Félix, SMEs
(IN BRIEF) Versalis, the chemical company of Eni, has partnered with Gruppo Boero, a leading provider of paint products for the yachting industry, to develop sustainable solutions for yacht manufacturing. Versalis has created eco-friendly hardeners for epoxy systems using over … Read the full press release
(IN BRIEF) James Hillman has been appointed as the Chief Risk Officer of Aviva plc, a global insurance company. Currently serving as the CFO of Scottish Widows and Finance Director of Lloyds Banking Group’s Insurance, Pensions, and Investments Division, Hillman … Read the full press release
Posted in Business, Financial, Insurance, Management, United Kingdom
Tagged Amanda Blanc, appointment, Aviva plc, Chief Risk Officer, insurance, investments, James Hillman, Lloyds Banking Group, pensions, Scottish Widows
(IN BRIEF) BASF, a global chemical company, has updated its sustainability assessment method called TripleS (Sustainable Solution Steering) to further advance its product portfolio towards climate protection, resource efficiency, and circular economy. TripleS, which has been in place since 2012 … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management
Tagged BASF, Dr. Martin Brudermüller, EU Chemicals Strategy, Portfolio Sustainability Assessment, sustainability assessment method, Toxic Substances Control Act, transparency, TripleS, TSCA, World Business Council for Sustainable Development
(IN BRIEF) Deutsche Telekom, a leading telecommunications company, has expanded its involvement in blockchain technology by becoming a validator on Polygon, the prominent Ethereum Layer-2 scaling platform. Deutsche Telekom’s subsidiary, Deutsche Telekom MMS, will provide staking and validation services on … Read the full press release
Posted in Business, Germany, Industrial, Internet & Online, Technology, Telecom
Tagged blockchain technology, CELO, Chainlink, Deutsche Telekom, Deutsche Telekom MMS, Dirk Röder, ethereum, Ethereum Layer-2 scaling platform, Flow, Michael Blank, Polygon, Polygon Labs, PoS network, Proof-of-Stake, Q, Supernets solutions
(IN BRIEF) TotalEnergies and Tree Energy Solutions (TES) have formed a partnership to develop a large-scale production unit for e-natural gas (e-NG) in the United States. The project aims to produce 100,000 to 200,000 metric tons of e-NG per year … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities, Technology
Tagged biogenic CO2, CO2, e-natural gas, e-NG, electrolyzer, natural gas liquefaction, Renewable hydrogen, solar energy, synthetic gas, TES, TotalEnergies, Tree Energy Solutions, wind energy
(IN BRIEF) Anglo American, a global mining company, has announced significant changes to its senior management team and organizational structure. The company has appointed Al Cook as CEO of De Beers, Alison Atkinson as Projects & Development Director, and Monique … Read the full press release
Posted in Business, Industrial, Management, Metals and Minerals, News, United Kingdom
Tagged Alison Atkinson, Anglo American, De Beers, Duncan Wanblad, Helena Nonka, leadership, Matt Daley, Monique Carter, Peter Whitcutt, Richard Price, Ruben Fernandes, senior management team, Stephen Pearce – Finance Director Al Cook, Themba Mkhwanazi, Tom McCulley
(IN BRIEF) DNV and Emirates Steel Arkan have formed a strategic partnership to accelerate decarbonization efforts in the steel and building materials producer industry. The five-year collaboration aims to achieve net zero emissions in line with the UAE’s climate neutrality … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Industrial, Management, Metals and Minerals, Norway
Tagged building materials producer, climate neutrality, decarbonization, digitalization, DNV, Emirates Steel Arkan, Eng. Saeed Ghumran Al Remeithi, Geir Fuglerud, SCPA, STEEL, Supply Chain & Product Assurance, traceability
(IN BRIEF) Proxymity and Clearstream have partnered to launch a digital general meeting announcement service in Germany and Luxembourg. The collaboration aims to automate issuer-investor communication, improving proxy voting and corporate event communications. The central platform will enable issuers and … Read the full press release
Posted in Business, Financial, Germany, Investment, Luxembourg, Management
Tagged bonds, Clearstream, Dean Little, digital general meeting announcement, digital investor communication platform, domestic equities, ETFs, Eurobonds, investment funds, investor communications platform, Proxymity, Sam Riley
(IN BRIEF) Glidewell, a global leader in custom dental solutions, has acquired ORB Innovations, a start-up founded by Loughborough University engineering alumni. ORB Innovations has developed a pioneering technology platform called ORB, which measures physiological parameters and biomechanics. Unique among … Read the full press release
Posted in Business, Healthcare, Small Business, Sports, Technology, United Kingdom
Tagged custom dental solutions, fitness tracker wearable in the mouth, Glidewell, Loughborough Enterprise Network, Loughborough University, LUinc., ORB Innovations, ORB technology platform, Rob Paterson, start-up, Tom Quinn
(IN BRIEF) Scania, the leading provider of sustainable mobility solutions, is reshaping its bus and coach business to adapt to a changing market environment. The company will focus on offering complete buses and coaches, leveraging its modular system, extensive service … Read the full press release
Posted in Business, Industrial, Management, Poland, Sweden, Transportation & Logistics
Tagged bus, coach, Poland, Scania, Stefano Fedel, sustainable mobility, Słupsk
(IN BRIEF) Crédit Agricole CIB has announced the appointment of Laurent Chenain as the new Head of Corporate & Leveraged Finance, effective from June 1, 2023. Laurent will be taking over from Jamie Mabilat, who has moved on to the … Read the full press release
Ad hoc announcement pursuant to Art. 53 LR (IN BRIEF) Nestlé has announced the departure of François-Xavier Roger, the Executive Vice President and Chief Financial Officer (CFO), after eight years with the company. Roger has made significant contributions to Nestlé’s … Read the full press release
Posted in Business, Financial, Food & Beverage, Management, Switzerland
Tagged Anna Manz, appointment, CFO, François-Xavier Roger, leadership, Mark Schneider, Nestlé
(IN BRIEF) Metso, a leading provider of sustainable technologies for the mining industry, has begun construction on its first polymer filter plate factory in Irapuato, Mexico. The factory, representing an investment of approximately EUR 28 million, will enhance Metso’s production … Read the full press release
(IN BRIEF) RINA and Eni have signed an agreement to collaborate on initiatives aimed at the energy transition and decarbonization of their operations, with a focus on maritime transport. The partnership will explore the use of HVO biofuel produced by … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Management, Transportation & Logistics
Tagged ammonia, biofuel, biogenic, certification, decarbonisation, energy transition, engineering consultancy, Eni, HVO, hydrogen, hydrogenated vegetable oil, inspection, maritime, maritime transport, RINA
(IN BRIEF) TotalEnergies has successfully renewed the production license for OML130 block in Nigeria for an additional 20 years. The block, located off the Nigerian coast, is home to the productive Akpo and Egina fields. In 2022, the block produced … Read the full press release
(IN BRIEF) Neste and ITOCHU have expanded their collaboration through a licensing agreement, enabling ITOCHU to become an official distributor of Neste MY Renewable Diesel™ in Japan. This collaboration aims to increase the availability of renewable diesel in the country, … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial
Tagged Itochu, Japan, Neste, Neste MY Renewable Diesel™, Osaka-Kansai Japan Expo, Peter Zonneveld, renewable diesel, SAF, Tatsuya Tanaka
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