(IN BRIEF) Ahlstrom, in collaboration with The Paper People LLC, has introduced a breakthrough in sustainable packaging with a fully fiber-based, recyclability-certified solution for frozen foods. This packaging, designed to replace conventional fossil-based plastics, provides an eco-friendly alternative for frozen … Read the full press release
Posted in Business, Environment, Finland, Food & Beverage, Industrial, Technology
Tagged Ahlstrom, FluoroFree®, Food Packaging, frozen food packaging, packaging, paper, The Paper People LLC
(IN BRIEF) Kalmar, a division of Cargotec, has announced its acquisition of the electric terminal tractor product line from Lonestar Specialty Vehicles (LSV) in the US. As part of the deal, LSV will transfer immaterial assets to Kalmar and become … Read the full press release
(IN BRIEF) Neste has formed a collaboration with Suntory, ENEOS, and Mitsubishi Corporation to produce PET (Polyethylene Terephthalate) resin using Neste’s renewable feedstock, Neste RE™, on a commercial scale. Neste RE is derived from bio-based raw materials like waste and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Management, News
Tagged ENEOS, Lilyana Budyanto, Mitsubishi, Neste, Neste RE™, partnership, PET Resin, renewable, Suntory, Susanna Sieppi, sustainability
(IN BRIEF) Cargotec Corporation has announced changes in its leadership team and board structure as part of the planned separation of its subsidiary, Kalmar, through a partial demerger. The Cargotec Board of Directors proposes Pekka Ala-Pietilä as the Chair of … Read the full press release
(IN BRIEF) Fortum’s Loviisa Nuclear Power Plant in Finland is preparing for its annual outage, commencing with Unit 2 on August 20th, followed by Unit 1. Both units will undergo a brief refuelling outage lasting approximately 37 days. This maintenance … Read the full press release
(IN BRIEF) Neste has announced the resumption of renewable diesel production at its Singapore refinery expansion in early August, following an equipment-related shutdown in June. The company is working to ramp up production at the expanded facility, with plans to … Read the full press release
(IN BRIEF) Neste, in collaboration with ScanOcean, has launched its Neste Marine™ 0.1 Co-processed marine fuel in the Swedish market. This lower-emission fuel, with both fossil and renewable content, aims to reduce greenhouse gas emissions in the marine sector. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Management, Marketing, News, Transportation & Logistics
Tagged DMA, greenhouse gas (GHG), Jonatan Karlström, Lower-Emission Marine Fuel, Neste, Neste Marine™ 0.1 Co-processed, partnership, ScanOcean, sustainability, Sveta Ukkonen, Swedish Market
(IN BRIEF) New research from the University of Helsinki sheds light on the evolutionary adaptations of proboscideans, including ancient relatives of modern elephants, in response to dietary changes triggered by vegetation shifts and climate variations over the last 26 million … Read the full press release
Posted in Business, Education, Environment, Finland, Management, News, Science
Tagged choerolophodonts, Climate, Dietary Changes, East Africa, Elephants, Environment, evolution, Juha Saarinen, Proboscidean Teeth, study, University of Helsinki
(IN BRIEF) Outokumpu, possessing the EU’s largest chromite reserves, sets a new sustainability benchmark by becoming the first ferrochrome producer to release an environmental product declaration (EPD) for its ferrochrome production process. The EPD, a verified and comprehensive assessment, showcases … Read the full press release
(IN BRIEF) Suomen Lantakaasu Oy, a joint venture between Valio and St1, is making progress with the construction preparations for a biogas production plant in Kiuruvesi, Finland. The company has finalized the site location through consultations with residents and agreement … Read the full press release
(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, is partnering with thyssenkrupp Materials Processing Europe and Purem by Eberspaecher to drive emissions reduction in the automotive sector. Together, they are developing towards-zero stainless steel under the Circle Green initiative, … Read the full press release
Posted in Automotive, Environment, Finland, Germany, Industrial, Metals and Minerals
Tagged Circle Green initiative, Eberspaecher Group, Emissions Reduction, Marcus Wöhl, Niklas Wass, Outokumpu, Purem by Eberspaecher, Stainless Steel, thyssenkrupp Materials Processing Europe, Uwe Ackermann, zero stainless steel
(IN BRIEF) Researchers at the University of Helsinki have conducted extensive research into the personality traits and behaviors of cats, shedding light on various factors that impact the well-being of both cats and their owners. The research led to changes … Read the full press release
Posted in Business, Education, Finland, Healthcare, Management, News, Science
Tagged Cat Behaviors and Traits, Feline Personalities, Professor Hannes Lohi, University of Helsinki, wellbeing
(IN BRIEF) ANDRITZ, an international technology group, has been contracted by Stora Enso to optimize the fiberline at the Enocell pulp mill in Finland. The upgrade aims to meet the rising demand for sustainable packaging materials while reducing the mill’s … Read the full press release
(IN BRIEF) Jari Rosendal, a member of the Board of Directors of Neste Corporation, has passed away after a brief illness. Rosendal had been serving on Neste’s Board of Directors since 2018. Neste’s Chair of the Board of Directors, Matti … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management, News
Tagged Board of Directors, Jari Rosendal, Matti Kähkönen, Neste
(IN BRIEF) Nordic Investment Bank (NIB) has played a significant role in revitalizing Estonia’s healthcare over the past 15 years, funding six hospital-related projects with a total investment of EUR 138 million. One of the recent projects includes a EUR … Read the full press release
(IN BRIEF) Ahlstrom, a global leader in sustainable specialty materials, has received a binding offer from Accursia Capital to acquire its Stenay plant in France. The offer comes after Ahlstrom launched a consultation process with employee representatives to potentially divest … Read the full press release
Posted in Business, Environment, Finland, Infrastructure & Utilities, Investment, Management, News
Tagged Accursia Capital, acquisition, Ahlstrom, partnership, Stenay plant, sustainability
(IN BRIEF) Ahlstrom, adapa, and Maped have collaborated to develop a groundbreaking flowpack solution for eraser packaging. Using Ahlstrom’s Cristal™ base papers, a transparent paper alternative has been created for traditional plastic or film substrates. The fiber-based window packaging provides … Read the full press release
(IN BRIEF) Kalmar, a subsidiary of Cargotec, has entered into an agreement with Australian heavy-equipment distributor AJL Group Pty Ltd (AJL) to provide 18 heavy terminal tractors to TT-Line Company Pty (TT-Line). The order, which was included in Cargotec’s Q2 … Read the full press release
Posted in Business, Finland, Industrial, Management, News, Transportation & Logistics
Tagged AJL Group Pty Ltd, Andrew Lawson, Australia, Cargotec, Heavy Terminal Tractors, Kalmar, partnership, Peter Trevitt, TT-Line
(IN BRIEF) Cargotec Corporation has announced its decision to initiate a share repurchase program. The Board of Directors will exercise the authorization granted by the Annual General Meeting on March 23, 2023. Cargotec plans to repurchase 400,000 class B shares, … Read the full press release
Posted in Business, Financial, Finland, Investment, Management, Media, News, Transportation & Logistics
Tagged Board of Directors, Cargotec, Incentive Programs, share repurchase program
(IN BRIEF) Cargotec Corporation has announced its half-year financial report for January-June 2023, revealing record-high profitability. The company experienced a strong rebound in orders received, reaching pre-COVID levels. Sales increased by 25%, and a record-high comparable operating profit margin of … Read the full press release
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