(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) 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
(IN BRIEF) Alma Media introduces an enhanced version of Nettimökki, its cottage rental platform, to meet the growing demand for domestic travel. The COVID-19 pandemic has led to a significant increase in Finnish cottage tourism, with many families opting for … Read the full press release
Posted in Business, Finland, Internet & Online, Marketing, Media, Technology, Travel
Tagged Alma Media Corporation, cottage rental, cottages, Domestic cottage tourism, domestic travel, Finland, Finnish rental cottage marketplaces, Gofinland, holiday homes, Linda Tverin, Nettimökki, Nettivuokraus, rental cottages, renting cottages
(IN BRIEF) Neste, a global renewable fuels and sustainable solutions company, has been selected as one of the initial companies in the target validation group for science-based targets (SBTs) for nature by The Science Based Targets Network (SBTN). The group, … Read the full press release
(IN BRIEF) Citycon, a real estate company, has updated its sustainability strategy to align with its ambitious goals for 2030. The new strategy focuses on six key areas: carbon neutrality, sustainable mobility, community engagement, sustainable value chain, circularity and natural … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Management, Real Estate
Tagged carbon neutrality, Circularity, Citycon, Community hub, greenhouse gas emissions, Kirsi Simola-Laaksonen, natural resources, real estate, sustainability strategy, sustainable mobility, Sustainable value chain
(IN BRIEF) Finnish publisher Alma Media becomes the first in the country to offer advertisers a carbon footprint calculation for digital campaigns. The calculation will measure the greenhouse gas emissions generated by advertising on Alma Media’s ad network and report … Read the full press release
(IN BRIEF) Kalmar, a subsidiary of Cargotec, celebrates a significant milestone as its manufacturing plant in Shanghai, China, completes the production of its 6,000th machine, a reachstacker. The machine is destined for Bodi International LLC in Mongolia. The Shanghai plant, … Read the full press release
(IN BRIEF) TotalEnergies has acquired a 20% stake in Ductor, a Finnish start-up specializing in organic waste processing technology. This innovative solution allows the treatment of high-nitrogen organic waste for biomethane production, accelerating the development of the biogas value chain. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Investment, Technology
Tagged Bernard Fenner, biogas value chain, biomethane production, Ductor, energy transition, high-nitrogen organic waste, Olivier Guerrini, poultry manure, start-up, sustainable biofertilizers, TotalEnergies
(IN BRIEF) Canada has joined the European Bank for Reconstruction and Development (EBRD)’s High-Impact Partnership for Climate Action (HIPCA), strengthening its support for climate action. HIPCA, launched at COP26 in 2021, focuses on combating climate change and environmental degradation through … Read the full press release
(IN BRIEF) Nordic Investment Bank (NIB) and Isavia ohf. have signed a 10-year loan agreement worth EUR 50 million to finance the expansion of Keflavík International Airport in Iceland. The project includes the construction of a new East Wing Terminal, … Read the full press release
(IN BRIEF) Neste, a leading producer of sustainable aviation fuel (SAF), has completed its EUR 1.6 billion Singapore Expansion project. The expansion has doubled Neste’s production capacity in Singapore, making it the world’s leading SAF producer. The refinery’s total capacity … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Investment, Transportation & Logistics
Tagged AMS, Green Plan 2030, HEL, LAX, Matti Lehmus, Neste, Neste MY Sustainable Aviation Fuel™, refinery expansion, renewables, SAF, Sami Jauhiainen, SFO, Singapore, Singapore Changi Airport, Singapore refinery expansion, Sustainable Air Hub Blueprint, sustainable aviation fuel
(IN BRIEF) Alma Media, Jobly, and the Finnish Children and Youth Foundation are partnering to create a new service called TET.FI that will consolidate all available TET (Tutustumiskoulutus) jobs for young people in Finland. The aim is to make it … Read the full press release
Posted in Finland, Management, Media, Society
Tagged Alma Media, Elina Kukkonen, Finland, Finnish Children and Youth Foundation, Heidi Harju, Jobly, TET JOBS, TET.FI, training job
(IN BRIEF) The European Investment Fund (EIF) will provide a €170 million guarantee to Finnvera Plc to finance approximately €280 million of investment by small companies in Finland. The support of the InvestEU programme enables the guarantee to trigger more … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Investment, Luxembourg, Small Business, Technology
Tagged climate change, digitalisation, EIF, energy transformation, Finland, Finnvera, Finnvera plc, green transition, innovation loan, InvestEU programme, SMEs, The European Investment Fund
(IN BRIEF) Hiab, a subsidiary of Cargotec, has signed a license manufacturing agreement with Dalian Shidao Industry to expand sales and service coverage of MULTILIFT hooklifts in mainland China. Dalian Shidao Industry will manufacture, sell, and service Hiab’s MULTILIFT hooklifts … Read the full press release
(IN BRIEF) René Hansen, Executive Vice President for Brand and Communications at Stora Enso, will be leaving the company on May 4, 2023, to pursue new career opportunities outside the firm. Stora Enso’s President and CEO, Annica Bresky, thanked Hansen … Read the full press release
Posted in Business, Finland, Industrial, Management, News
Tagged Annica Bresky, Katariina Kravi, René Hansen, Stora Enso
(IN BRIEF) Ahlstrom has been recognized for its contribution to Taco Bell’s sustainable packaging. The company leveraged its FluoroFree and trulyNatural technologies to develop compostable packaging solutions for Taco Bell, which are free of harmful chemicals. Ahlstrom received the recognition … Read the full press release
Posted in Awards, Environment, Finland, Food & Beverage, Industrial
Tagged Ahlstrom, FluoroFree®, packaging, supplier award, Sustainable packaging, Taco Bell®, The S.T.A.R. awards, Travis Dahlke, trulyNatural®
(IN BRIEF) Stora Enso has launched Trayforma BarrPeel, a new board material for vacuum skin packs, which allows packaging of fresh food on recyclable paperboard trays. The solution reduces plastic to less than 10% of the tray, and is made … Read the full press release
(IN BRIEF) BPEA Private Equity Fund VIII, an affiliated investment fund of BPEA EQT, is set to acquire IMG Academy from Endeavor Group Holdings for USD 1.25 billion. IMG Academy, headquartered in Florida, provides a sports-focused boarding school, sports camps, … Read the full press release
Posted in Business, Education, Financial, Finland, Investment, Management, News, Sports
Tagged acquire, Andrew Fitzmaurice, BPEA EQT, Brent Richard, Endeavor Group Holdings, IMG Academy, Jack Hennessy, Kosmo Kalliarekos
(IN BRIEF) S&P Global has upgraded Metso Outotec’s credit rating to BBB with stable outlook, citing the successful integration and realized synergies, portfolio rationalization through selected divestments, and the company’s proactive management of pricing and costs to curb the effects … Read the full press release
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged Eeva Sipilä, Metso Outotec, S&P Global
(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
Posted in Business, Commodities, Finland, Food & Beverage, Industrial, Management, News
Tagged Christina Maksimow, infant milk formula, Laura Enbom, Timo Pajari, Valio, Valio Prime SMP
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