(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
(IN BRIEF) Hiab, a subsidiary of Cargotec, has launched HiSkill, a cost-effective training simulator designed to enhance the safety and efficiency of knuckle boom crane operations. HiSkill utilizes virtual reality (VR) technology to create a realistic and secure learning environment … Read the full press release
Posted in Automotive, Business, Finland, Industrial, Management, News, Technology, Transportation & Logistics
Tagged Cargotec, Hiab, HiSkill, Knuckle Boom Crane Operations, Maria Lindroos, Virtual Reality
(IN BRIEF) Outokumpu, a company, will release its half-year report for January-June 2023 on August 3, 2023. The report will be available at approximately 9.00 am EEST. Later in the day, at 3.00 pm EEST, a live webcast and conference … Read the full press release
Posted in Business, Financial, Finland, Industrial, Management, Media, Metals and Minerals, News
Tagged Half-Year 2023 Report, Heikki Malinen, Outokumpu, Pia Aaltonen-Forsell
(IN BRIEF) Consumer card spending in the UK showed a year-on-year growth of 5.4% in June, driven by warm weather and increased socializing at pubs and bars. Spending on groceries surged by 9.5%, although shoppers remain concerned about “shrinkflation” and … Read the full press release
Posted in Banks, Business, Economy, Finland, Industrial, Management, News, Retail, United Kingdom
Tagged Barclays, economy, Esme Harwood, inflation, Shrinkflation, Will Hobbs
(IN BRIEF) Gasum, a Nordic energy company, has acquired a majority stake (two-thirds of the shares) in Liquidgas Biofuel Genesis AB, a Swedish biogas upgrading company. Liquidgas Biofuel Genesis operates a biogas upgrading plant in Helsingborg, Sweden. The plant receives … Read the full press release
(IN BRIEF) Renewable fuel company Neste has formed a partnership with Biofuel Express to expand the distribution of Neste MY Renewable Diesel™ in Denmark. Biofuel Express will be responsible for distributing and selling the renewable diesel fuel, while Neste will … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Management, Marketing, News, Retail
Tagged Biofuel Express, Christian Pettersson, Denmark, Martin Sebastian Agdal, Neste, Neste MY Renewable Diesel, partnership
(IN BRIEF) Gasum, a Nordic energy company, has received the top rating of Dark Green for its Green Finance Framework from independent ratings issuer Shades of Green. The framework governs the eligibility of projects for green loans in Gasum’s biogas … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Investment, Management, News
Tagged Gasum, Green Finance Framework, investments, sustainable
(IN BRIEF) Neste, a global leader in sustainable aviation fuel and renewable solutions, has announced that its inventors have been honored with the European Inventor Award 2023 in the Industry category. The award, presented by the European Patent Office, recognizes … Read the full press release
Posted in Awards, Energy, Gas & Oil, Finland, Industrial
Tagged Annika Malm, Blanka Toukoniitty, EPO, European Inventor Award 2023, European Patent Office, feedstock, Jukka Myllyoja, Jukka-Pekka Pasanen, Lars Peter Lindfors, Neste, Pia Bergström, polymers, R&D Fellow, renewable diesel, renewable feedstock solutions, sustainable aviation fuel
(IN BRIEF) A recently completed doctoral thesis suggests that parents should sing to their stable preterm infants during kangaroo care, as it promotes brain development in infants and improves maternal wellbeing. The study found that singing during kangaroo care helped … Read the full press release
Posted in Education, Finland, Healthcare, Management, News, Science
Tagged brain development, Kaisamari Kostilainen, kangaroo care, Maternal Wellbeing, Preterm Infants, Singing, University of Helsinki
(IN BRIEF) The Max Planck l University of Helsinki Center for Social Inequalities in Population Health, known as MaxHel, has launched its research initiative to investigate the factors that contribute to health inequalities. The center, located in Helsinki and Rostock, … Read the full press release
Posted in Education, Finland, Healthcare, Management, News, Science
Tagged Max Planck, MaxHel, Mikko Myrskylä, Pekka Martikainen, Population Health, RESEARCH, social inequalities, University of Helsinki
(IN BRIEF) Gasum, a Nordic energy company, has opened a new gas filling station in Växjö, Sweden, in response to increasing customer demand for lower-emission fuel options. The station offers renewable liquefied biogas (LBG) and liquefied natural gas (LNG), which … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Management, News
Tagged Alwex Transport, Gasum, Peter Sagebrant, Renewable Gas Filling Station, Sharareh Edström, sustainable fuel, Sweden, Växjö
(IN BRIEF) Outokumpu, a global stainless steel leader, has partnered with thyssenkrupp Materials Processing Europe and Boysen Group to introduce towards-zero stainless steel to the automotive industry. This collaboration aims to address tailpipe emissions and decarbonize the automotive sector. Outokumpu’s … Read the full press release
(IN BRIEF) DHL Express Finland has announced the construction of a new logistics center at Helsinki-Vantaa Airport. The facility, with an investment of approximately €100 million, will serve as the central hub for all incoming and outgoing Express shipments in … Read the full press release
(IN BRIEF) Steel manufacturer SSAB and energy company Fortum are collaborating on a FEED (Front-End Engineering Design) study to investigate the potential for producing hydrogen-reduced sponge iron on an industrial scale in Raahe, Finland. This initiative is an extension of … Read the full press release
(IN BRIEF) Ahlstrom and Terre de Couleur have partnered to introduce a biodegradable and reusable hair cap made from fiber-based materials as an eco-friendly alternative to traditional plastic caps. The cap, utilizing Ahlstrom’s Genuine Vegetable Parchment (GVP) paper, is composed … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Finland, Industrial
Tagged Ahlstrom, biodegradable, cosmetics, Dr. Clothilde Manzano, fiber-based, Genuine Vegetable Parchment, GVP paper, hair cap, Nazish Munchenbach, professional hair salons, reusable, sustainable specialty materials, Terre de Couleur
(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has launched a groundbreaking initiative called Outokumpu Inner Circle to strengthen the circular economy in Europe. The program, unveiled at the World Circular Economy event in Helsinki, aims to create a closed … Read the full press release
Posted in Business, Environment, Finland, Industrial, Management, Metals and Minerals
Tagged circular economy, circularity initiative, ESG, Juha Erkkilä, Max Menzel, Nico Krueger, Outokumpu, Outokumpu Inner Circle, recycling, Stainless Steel, steel scrap, steel scrap suppliers, supply chains, sustainable stainless steel, transparency, World Circular Economy
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