(IN BRIEF) On December 8, 2023, Outokumpu successfully completed its share repurchase program, acquiring a total of 169,928 of its own shares across two trading venues, CEUX and XHEL. The weighted average price per share stood at EUR 4.33, resulting … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Acquiring, Financial, investment, Outokumpu, share repurchase, shares
(IN BRIEF) The Nordic Investment Bank (NIB) and Icelandic bank Landsbankinn hf. have entered into a new seven-year USD 75 million loan program aimed at financing small and medium-sized enterprises (SMEs) and environmental initiatives in Iceland. The program will provide … Read the full press release
Posted in Banks, Business, Economy, Finland, Government, Iceland, Industrial, Investment, Management, News, Small Business
Tagged environmental projects, Iceland, Landsbankinn, NIB, partnership, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €110 million loan agreement with KOy Helsingin Toimitilat to support Finnish vocational training provider Stadin AO. The funding will be used to construct two modern campus buildings in Myllypuro and … Read the full press release
(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
Posted in Business, Commodities, Environment, Financial, Finland, Food & Beverage, Industrial, Investment, Management, Media, News
Tagged Agnes Lindell, Elvenite, Elvenite AB, Hackathon Competition, Hanna Castro, Jamk University, Niclas Lovsjö, partnership, Sanna Nokka, Seasonal Milk Production, sustainability, Ulf Jahnsson, Valio, ValioHackathon
(IN BRIEF) In a groundbreaking move at COP28, the Nordic Investment Bank (NIB) has introduced a robust climate strategy, pledging to chart a sustainable future. This forward-looking strategy commits NIB to concrete, science-based targets aligned with the Paris Agreement, with … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, Media, News
Tagged Climate Strategy, COP28, Luca de Lorenzo, Nordic Investment Bank (NIB), partnership, sustainability
(IN BRIEF) Eppendorf, a laboratory equipment manufacturer, has partnered with Neste, a renewable solutions company, to create Eppendorf Consumables BioBased, a line of lab consumables made from 100% renewable raw materials. These products, including tubes and pipette tips, offer a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Science, Technology
Tagged Brigitte Klose, consumables, Eppendorf, Eppendorf Consumables BioBased, lab plastics, lab products, laboratory equipment, Life Science, Maria Carcolé, Neste, Neste RE™, renewable plastic lab consumables, renewable raw materials, sustainable
(IN BRIEF) Metso has introduced a new rubber material, Skega™ Life, to its mill lining portfolio, offering up to 25% longer wear life compared to the previous premium rubber, Skega™ Classic. Skega™ Life is designed for grinding mills processing highly … Read the full press release
Posted in Finland, Industrial, Technology
Tagged Fredrik Johansson, grinding mills, Megaliner™, Metso, mill liner, mill lining, Orebed™, Planet Positive, Poly-Met™, Rubber, rubber linings, Skega™ Classic, Skega™ Life, Turbo Pulp Lifter
(IN BRIEF) Neste, a global renewable fuels and sustainable solutions leader, has signed an important solar power purchase agreement with CPC Finland Oy. This deal will provide solar power to Neste’s Porvoo refinery in Finland, starting in spring 2024. The … Read the full press release
(IN BRIEF) Emirates has conducted a pioneering Airbus A380 demonstration flight with one engine powered by Neste’s sustainable aviation fuel (SAF). This milestone demonstrates SAF’s compatibility and potential as a sustainable alternative to traditional jet fuel. The flight, which took … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Environment, Finland, Industrial, Transportation & Logistics
Tagged Adel al Redha, Airbus, Airbus A380, demonstration flight, Dubai International Airport, Emirates, Engine Alliance, ENOC, international airlines, Jonathan Wood, Neste, Pratt & Whitney, renewable aviation fuel, renewable jet fuel, SAF, sustainable aviation fuel, Virent
(IN BRIEF) Neste has teamed up with Hightowers Petroleum to offer Neste MY Renewable Diesel™ in the Midwest region. This strategic partnership aims to meet the growing demand for lower-emission fuels, particularly from the automotive industry. Neste MY Renewable Diesel, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged Carrie Song, Hightowers Petroleum, Midwest, Neste, partnership, renewable diesel, Stephen Hightower, sustainability, USA
(IN BRIEF) Freeport-McMoRan has awarded a significant order to Metso for the delivery of a state-of-the-art tankhouse material handling solution to its El Paso electrorefinery in Texas, USA. The order, valued at over EUR 10 million, has been booked in … Read the full press release
(IN BRIEF) Immersal, a subsidiary of Hexagon, has unveiled a strategic collaboration with Burst, a pioneer in cutting-edge virtual reality fan experiences. This partnership represents a major advancement in location-based augmented reality (AR) encounters for global conference, concert, and event … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged augmented reality (AR), Burst, Hexagon, Immersal, Matias Koski, Mikael Meklin, partnership, virtual reality (VR)
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 15-year, €50 million loan agreement with Kemijoki Oy to support the company’s investment program from 2023 to 2027. Kemijoki Oy’s program focuses on modernizing and maintaining its hydropower assets and … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged André Küüsvek, Fish Migration Projects, Hydropower Innovation, Kemijoki Oy, Markus Katara, NIB, partnership, sustainability
(IN BRIEF) Neste, Mitsui Chemicals, and Prime Polymer have joined forces to develop sustainable food packaging solutions for CO-OP, a brand under the Japanese Consumers Co-operative Union (JCCU). In the initial phase of this partnership, bio-based raw materials will replace … Read the full press release
Posted in Business, Chemicals, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Management, News, Technology
Tagged Co-op, Food Packaging, Japan, Japanese Consumers Co-operative Union (JCCU), Lilyana Budyanto, Mitsui Chemicals, Neste, partnership, Prime Polymer, sustainability
(IN BRIEF) Fortum, a leading energy company, has entered into a Memorandum of Understanding (MoU) with Swedish nuclear technology firm Studsvik to investigate the potential for new nuclear projects in Sweden. This collaboration is part of Fortum’s ongoing feasibility study … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Camilla Hoflund, Finland, Fortum, green transition, Laurent Leveugle, nuclear, partnership, Studsvik, sustainability, Sweden
(IN BRIEF) Metso has introduced the HRT-S, a pre-engineered high-rate thickening solution that complements its existing High-Rate Thickener product family. This innovation allows for shorter delivery times and is part of Metso’s Planet Positive initiative, promoting sustainability. The HRT-S thickener … Read the full press release
(IN BRIEF) DHL Supply Chain is taking a significant stride towards environmental sustainability with the launch of its global Green Transport Policy. The policy aims to substantially reduce carbon emissions, particularly from its transportation services, aligning with the company’s Sustainability … Read the full press release
Posted in Business, Environment, Finland, Germany, Industrial, Investment, News, Transportation & Logistics
Tagged DHL, Financial, Greener Alternatives, investment, Oscar de Bok, sustainability
(IN BRIEF) The European Investment Fund (EIF) and LocalTapiola Corporate Lending I GP Ltd, a Finnish alternative lender, have signed two portfolio guarantee agreements, enabling the provision of €32 million in new loans to small businesses and mid-caps in Finland. … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIF, Finland, LocalTapiola, Marjut Falkstedt, Matti Kiviniemi, partnership, small businesses, SMEs, sustainability
(IN BRIEF) Suomen Lantakaasu Oy, a joint venture between Valio and St1, is actively investigating the development of new biogas plant complexes in various regions. Currently, the construction of potential new plant complexes is under consideration in the Kokkola-Pietarsaari, Nivala-Haapavesi, … Read the full press release
(IN BRIEF) In a significant move towards sustainable stainless steel production, Outokumpu has partnered with Envigas AB, a leading biocarbon producer, by acquiring a 20% ownership share. Outokumpu’s commitment to reducing carbon dioxide emissions by 42% by 2030 aligns with … Read the full press release
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