Category Archives: Commodities

Commodities Press Releases & News distributed via EuropaWire

LEGO Kladno Factory Doubles Solar Energy Capacity, Slashes Carbon Emissions by 9%

(IN BRIEF) The LEGO factory in Kladno, Czech Republic, has completed an expansion of its rooftop solar park, more than doubling its renewable energy capacity from 1 MWp to 2.5 MWp. This expansion is expected to reduce the factory’s carbon … Read the full press release

Unilever Sells Russian Subsidiary to Arnest Group, Concluding Operations in the Country

(IN BRIEF) On October 10, 2024, Unilever announced the successful sale of its Russian subsidiary to Arnest Group, a local manufacturer specializing in perfumes, cosmetics, and household products. This transaction encompasses Unilever’s entire operations in Russia, including its four production … Read the full press release

ABN AMRO Report Highlights Biodiversity Crisis Linked to Production of Trainers, Sofas, and Smartphones

(IN BRIEF) A recent report by ABN AMRO reveals the significant impact of consumer goods production—specifically trainers, sofas, and smartphones—on global biodiversity, resulting in the destruction of wildlife habitats equivalent to nearly two-thirds the size of the Netherlands annually. The … Read the full press release

GfK Report: Germany’s Consumer Confidence Sees Modest Rebound, But Economic Fears Persist

(IN BRIEF) Germany’s consumer sentiment showed a slight improvement in September 2024, according to the latest GfK report. After a significant drop the previous month, income expectations and willingness to buy have increased, resulting in a modest rise in the … Read the full press release

Unilever Partners with Accenture to Pioneer New Benchmarks in Generative AI-Driven Efficiency

(IN BRIEF) Unilever and Accenture are enhancing their partnership to set a new benchmark in generative AI-driven productivity. Through a multi-year program, Unilever aims to build on its existing AI applications and leverage Accenture’s GenWizard platform to drive efficiencies, cost … Read the full press release

Nestlé Appoints Laurent Freixe as New CEO, Marking a New Era of Leadership

(IN BRIEF) Nestlé has announced a significant leadership change with the appointment of Laurent Freixe as the new CEO, effective September 1, 2024. Freixe, who has been with Nestlé since 1986 and currently serves as Executive Vice President and CEO … Read the full press release

Unilever Sells Stake in Qinyuan Group to Yong Chao Venture Capital Co., Ltd.

(IN BRIEF) Unilever has sold its stake in Qinyuan Group, known for water purification solutions in China, to Yong Chao Venture Capital Co., Ltd. This move is part of Unilever’s Growth Action Plan to focus on higher-growth areas. Eduardo Campanella, … Read the full press release

Skanska Secures CZK 1.3 Billion Contract to Upgrade Jihlava-City Railway Station in Czech Republic

(IN BRIEF) Skanska has signed a CZK 1.3 billion contract with The Railway Administration of the Czech Republic to modernize Jihlava-City railway station. The project, which includes new tracks, switches, security systems, barrier-free platforms, and a new station building, aims … Read the full press release

Unilever’s Pureit Water Purification Business Acquired by A. O. Smith

(IN BRIEF) Unilever has agreed to sell its water purification business, Pureit, to A. O. Smith, a leading global water technology company. Pureit, which operates in countries including India, Bangladesh, Sri Lanka, Vietnam, and Mexico, offers a range of water … Read the full press release

Holcim Expands Global AI Integration Across 100+ Plants to Enhance Operational Efficiency

(IN BRIEF) Holcim is accelerating its adoption of Artificial Intelligence (AI) across its global manufacturing network, with plans to implement AI at over 100 plants worldwide by 2028. Already operational at 45 sites to predict and prevent failures, Holcim aims … Read the full press release

Unilever Reports Strong Q1 2024 Results with 4.4% Underlying Sales Growth

(IN BRIEF) Unilever has announced its first-quarter results for 2024, revealing a 4.4% increase in underlying sales growth, driven by a 2.2% rise in volume. All five business groups reported growth, led by Beauty & Wellbeing. Turnover reached €15.0 billion, … Read the full press release

Symrise AG Reports Strong Q1 Growth, Confirms 2024 and Long-Term Targets

(IN BRIEF) Symrise AG kicked off the 2024 fiscal year with a successful start, reporting a 5% increase in sales to €1.3 billion, supported by robust demand and organic growth of 10.9%. Dr. Jean-Yves Parisot, CEO, expressed optimism for the … Read the full press release

Unilever Unveils Wonder Wash: A Breakthrough 15-Minute Laundry Detergent

(IN BRIEF) Unilever introduces Wonder Wash, a groundbreaking laundry detergent under its Dirt Is Good brand, designed to excel even in short 15-minute cycles. Leveraging robotics and AI, Unilever has developed a science-backed solution to address evolving laundry needs, catering … Read the full press release

Symrise Provides Relief Efforts After Cyclone “GAMANE” Hits Madagascar

(IN BRIEF) In the wake of cyclone “GAMANE” striking Madagascar’s SAVA region, affecting the main vanilla growing area, Symrise ensures the safety of its 200 employees and extends aid to the affected community. The cyclone caused flooding, damaging houses, rice … Read the full press release

GfK Consumer Climate Report: German Sentiment Improves Slowly

(IN BRIEF) The latest GfK Consumer Climate Report reveals a gradual improvement in consumer sentiment in Germany, with slight increases in economic expectations and income optimism. However, the willingness to buy remains low despite rising income, reflecting persistent consumer uncertainty … Read the full press release

Symrise Unveils Trendscope™ 2024+: Decoding Food and Beverage Trends for Innovative Solutions

(IN BRIEF) Symrise introduces the latest edition of its proprietary trend tool, Trendscope™ 2024+, aimed at deciphering consumer trends shaping the food and beverage industry. The tool amalgamates qualitative and quantitative research methods to identify key drivers such as naturalness, … Read the full press release

Isobionics® Unveils Innovative Natural Flavor, beta-Caryophyllene 80, at FlavourTalk Exhibition

(IN BRIEF) Isobionics®, a BASF Aroma Ingredients brand, introduces its latest natural flavor, beta-Caryophyllene 80, at the FlavourTalk Raw Materials Exhibition 2024. Developed to meet specific customer requirements, this flavor expands Isobionics®’ portfolio beyond citrus products. Made using cutting-edge biotechnology, … Read the full press release

Unilever Appoints Heiko Schipper as President, Nutrition Business Group

(IN BRIEF) Unilever has announced the appointment of Heiko Schipper as President of the Nutrition Business Group, effective May 1, 2024. Heiko, currently serving as President of Bayer Consumer Health, brings extensive experience and a successful track record in the … Read the full press release

Ahold Delhaize Releases 2023 Annual Report: Demonstrates Resilience and Commitment to Sustainability

(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release

Nestlé Nominates Geraldine Matchett for Board of Directors, Bids Farewell to Long-Serving Members

(IN BRIEF) Nestlé has announced its proposal of Geraldine Matchett, former Co-Chief Executive Officer and CFO of DSM-Firmenich AG, for election to its Board of Directors at the upcoming Annual General Meeting on April 18, 2024. This move comes as … Read the full press release

Unilever Reports Full Year 2023 Results: Focus on Sustainability and Growth Action Plan

(IN BRIEF) Unilever has announced its financial results for the full year 2023, revealing an underlying sales growth of 7.0% driven by positive volumes. Despite challenges such as adverse currency impacts and net disposals, the company achieved a turnover of … Read the full press release

Эксперт по торговле акциями Сергей Левин запускает онлайн-мастер-класс по торговле сырьевыми товарами и хеджированию

УЧАСТНИКИ МАСТЕР-КЛАССА ПОЛУЧАТ СЦЕННЫЕ ЗНАНИЯ О МИРЕ ТОРГОВЛИ СЫРЬЕВЫМИ ТОВАРАМИ И ХЕДЖИРОВАНИЯ ЧЕРЕЗ ИМЕРСИВНЫЙ ОНЛАЙН-КУРС, ОСНОВАННЫЙ НА СТРАТЕГИИ ЭКСПЕРТА ПО ТОРГОВЛЕ ЗОЛОТОМ МИХАИЛА ПЕЛЕГА. (ВКРАТЦЕ) Независимый эксперт по акционной торговле Сергей Левин запускает эксклюзивный четырехнедельный онлайн-курс под названием “Мастер-класс по … Read the full press release

Valio’s Seasonal Milk Production Challenge Solved by Elvenite in Hackathon Competition

(IN BRIEF) Jamk University of Applied Sciences organized a hackathon in collaboration with Valio Ltd. to address the challenge of seasonal variation in milk production. Swedish Elvenite AB emerged as the winner of ValioHackathon 2023/11/28 by proposing a data-driven solution … Read the full press release

TÜV Rheinland Appointed Conformity Assessment Body by Cameroon’s ANOR for Product Quality and Safety

(IN BRIEF) The Cameroonian “Agence des Normes et de la Qualité” (ANOR) has designated TÜV Rheinland as a Conformity Assessment Body under the Pre-Shipment Evaluation of Conformity (PECAE) program. TÜV Rheinland is now authorized to conduct conformity verification, inspection, and … Read the full press release

Unilever Grants Ice Cream Industry Free Access to Energy-Efficient Reformulation Patents

(IN BRIEF) Unilever has made a significant move towards reducing energy consumption in the ice cream industry by offering a free non-exclusive license for 12 reformulation patents. These patents are aimed at enabling ice cream products to remain stable at … Read the full press release

Google Cloud and Unilever Launch ‘My Unilever’ App to Digitally Connect Factory-Based Employees Worldwide

(IN BRIEF) Google Cloud and Unilever have jointly launched the “My Unilever” app, designed to digitally connect Unilever’s factory-based employees globally. The app, built on Google Cloud and delivered in partnership with Accenture, provides factory-based colleagues with secure access to … Read the full press release

DNV Urges Companies to Adopt Food Value Chain Certification to Combat Food Loss and Waste

(IN BRIEF) In recognition of the UN’s “International Day of Awareness of Food Loss and Waste,” DNV emphasizes the role of certification in reducing food waste across the value chain. The UN reports a rise in hunger since 2014, with … Read the full press release

BASF Calculates Product Carbon Footprints for Key Nutrition Products, Outperforming Global Market Averages

(IN BRIEF) BASF, a leading chemical company, has calculated the Product Carbon Footprints (PCFs) for several key products in the human and animal nutrition markets, including vitamins, carotenoids, beverage processing polymers, feed enzymes, and feed performance ingredients. These PCFs represent … Read the full press release

Nutreco Appoints Claudio Cervellati as Chief Supply Chain Officer

(IN BRIEF) Nutreco has appointed Claudio Cervellati to the newly created role of Chief Supply Chain Officer (CSCO) and as a member of Nutreco’s Management Board. Claudio, who joined Nutreco in December 2022, has extensive experience in senior leadership roles … Read the full press release

Valio introduces Valio Prime SMP for easier infant milk formula production

(IN BRIEF) Valio, a leading Finnish dairy company, has launched Valio Prime SMP, a new infant-grade skimmed milk powder designed to simplify the production process for infant milk formula (IMF) manufacturers while ensuring the highest microbiological quality. Valio Prime SMP … Read the full press release

GfK and Minderest provide comprehensive overview of current prices in the market

(IN BRIEF) GfK and Minderest have collaborated to provide better, data-driven pricing in e-commerce. The partnership enables decision-makers in both retail and manufacturing to have a comprehensive overview of current market prices and recommendations for actionable price adjustments through GfK’s … Read the full press release

GRETE PROJECT RESULTS PRESENTED TO TEXTILE INDUSTRY STAKEHOLDERS AT INTERNATIONAL CELLULOSE FIBRES CONFERENCE

The GRETE fibre: regenerated from paper-grade wood pulp

AN INTERNATIONAL COLLABORATION OF HIGH-PROFILE EXPERTS DEFINED READY-TO-UPSCALE GREEN CHEMICALS AND TECHNOLOGIES FOR THE WOOD-TO-TEXTILE VALUE CHAIN (IN BRIEF)The GRETE project, an international collaboration of experts aimed at reducing the environmental footprint of the textile industry, presented their achievements to … Read the full press release

Shell’s latest scenarios explore energy and climate outcomes after Ukraine invasion

(IN BRIEF) Shell has released two new scenarios, Archipelagos and Sky 2050, which explore possible energy and climate outcomes following Russia’s invasion of Ukraine. Archipelagos shows how national interest remains a key priority, with renewables seen as a way to … Read the full press release

Nestlé Sets New Standard in Corporate Transparency with Nutritional Value Benchmarking

(IN BRIEF) Nestlé publishes its 2022 Annual Report and reports on the nutritional value of its global portfolio. The reports also highlight Nestlé’s progress on its Net Zero roadmap and its focus on creating shared value through sustainable practices. The … Read the full press release

Paper Supplier Voith Targets 90% Recycling Rate by 2030 with Innovative Pulping Technology

(IN BRIEF) Voith, the full-line supplier, is supporting a 90% paper recycling rate by 2030 as part of its “Papermaking for Life” program, through developing new fiber streams and an optimized recycling process. The firm is also creating new, innovative … Read the full press release

Telia Company Ranks Highly in Digital Inclusion Benchmark by World Benchmarking Alliance, Recognized for Cybersecurity and Skills Initiatives

(IN BRIEF) Telia Company ranked 4th in Europe and 12th globally in the latest Digital Inclusion Benchmark released by the World Benchmarking Alliance. The benchmark assesses tech companies based on their progress towards improving access to technology, fostering trustworthy use, … Read the full press release

Deutsche Börse Commodities’ Xetra-Gold Remains Leading Physically Backed Gold Security in Europe

Xetra-Gold’s Assets Under Custody Reach €12.7 Billion at End of 2022 Deutsche Börse’s Xetra-Gold Shows Long-Term Increase in Gold Holdings (PRESS RELEASE) FRANKFURT, 6-Jan-2023 — /EuropaWire/ — Deutsche Börse Group (ETR: DB1), an international exchange organisation and innovative market infrastructure … Read the full press release

Xetra-Gold de Deutsche Börse Commodities reste le principal titre aurifère adossé physiquement en Europe

Les actifs sous garde de Xetra-Gold atteignent 12,7 milliards d’euros fin 2022 Xetra-Gold de Deutsche Börse montre une augmentation à long terme des avoirs en or (COMMUNIQUÉ DE PRESSE) FRANKFURT, 6-Jan-2023 — /EuropaWire/ — Deutsche Börse Group (ETR: DB1), une … Read the full press release

Saint-Gobain compra una participación minoritaria en la unidad de negocio de Megasol que fabrica fotovoltaica integrada en edificios

(COMUNICADO DE PRENSA) COURBEVOIE, France, 28-Sep-2022 — /EuropaWire/ — Saint-Gobain (EPA: SGO), una multinacional francesa productora de materiales de construcción, de alto rendimiento y otros materiales, ha anunciado la adquisición de una participación minoritaria en la unidad de negocio de … Read the full press release

Equinor va augmenter ses exportations de gaz vers l’Europe de 1,4 milliard de mètres cubes

(COMMUNIQUÉ DE PRESSE) STAVANGER, 16-Mar-2022 — /EuropaWire/ — Equinor ASA (OSE : EQNR, NYSE : EQNR), une société pétrolière, gazière, éolienne et solaire active sur plus de 30 marchés dans le monde , a annoncé que de nouvelles mesures et mesures ont été … Read the full press release