(IN BRIEF) Metsä Group and ANDRITZ are pioneering the integration of carbon capture technology within a bioproduct mill, marking a global first in sustainable forestry practices. This strategic collaboration aims to seamlessly incorporate carbon capture modules into the mill’s operations, … Read the full press release
Posted in Austria, Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged Andritz, bioproduct mill, Carbon Capture Integration, Finland, Metsä Group, partnership, Sari Pajari-Sederholm, sustainability
(IN BRIEF) Cargotec Corporation’s demerger plan, approved on February 1, 2024, is set to split its Kalmar business area into a new entity, Kalmar Corporation. Shareholders will receive demerger consideration in the form of new shares in Kalmar. Cargotec has … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Cargotec, demerger, Financial, investment, Kalmar, partnership, sustainability
(IN BRIEF) A recent study led by the University of Helsinki reveals a concerning link between periodontitis and stroke risk in individuals under 50 years old without known predisposing factors. The severity of periodontitis correlates with the severity of stroke, … Read the full press release
Posted in Business, Education, Financial, Finland, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged Jukka Putaala, oral health, periodontitis, Pirkko Pussinen, stroke, Susanna Paju, University of Helsinki, wellness, Young Adults
(IN BRIEF) Neste, Borealis, and Covestro have partnered to recycle discarded tires into high-quality plastics for automotive applications, aiming to drive circularity in the plastics value chain. Through this collaboration, old tires are transformed into raw materials, processed into base … Read the full press release
Posted in Austria, Automotive, Business, Chemicals, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged automotive, Borealis, Covestro, Finland, Germany, Guido Naberfeld, Jeroen Verhoeven, Neste, partnership, plastics, sustainability, Thomas van de Velde, tires
(IN BRIEF) Metso unveils the reintroduction of its OtoVentTM off-gas treatment technology, designed to quench various types of off-gases in non-ferrous and ferrous metallurgical processes, as well as in oil, gas, and chemical plants. Widely utilized in modern copper smelters, … Read the full press release
(IN BRIEF) Associate Professor Linda Mannila assumes the inaugural Swedish-language professorship in computer science at the University of Helsinki, funded by seven Swedish-language foundations. Her research focuses on the societal impacts of artificial intelligence (AI), particularly addressing ethical considerations and … Read the full press release
(IN BRIEF) In response to the pressing need for safe housing for internally displaced persons (IDPs) in Ivano-Frankivsk, a city in western Ukraine, the European Union and Nefco have undertaken a transformative initiative. With approximately 41,000 IDPs seeking refuge in … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Management, News, United Kingdom
Tagged EU, internally displaced persons (IDPs), Ivano-Frankivsk, Jocelin Cornet, NEFCO, partnership, Ruslan Martsinkiv, social housing, sustainability, UKRAINE, University Facilities
(IN BRIEF) The Modern Cooking Facility for Africa (MCFA) has joined forces with ENGIE Energy Access Mozambique to advance clean cooking solutions in Mozambique, backed by EUR 1.3 million in funding. Through ENGIE’s subsidiary in Mozambique, innovative biodigester technology will … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Technology
Tagged Africa, Alexandra Links, biodigester technology, Cooking Solutions, ENGIE Energy Access Mozambique, Kari Hämekoski, Modern Cooking Facility for Africa (MCFA), Mozambique, NEFCO, partnership, Sistema.bio, sustainability
(IN BRIEF) Stora Enso and Altris, a Swedish sodium-ion battery developer, have joined forces to propel the advancement and commercialization of a sustainable battery value chain in Europe. The collaboration centers on integrating Stora Enso’s Lignode®—a sustainable hard carbon derived … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden
Tagged Altris, Battery Solutions, Björn Mårlid, eco-friendly, Europe, Juuso Konttinen, partnership, Stora Enso, Stora Enso's Lignode®, sustainability, Sweden
(IN BRIEF) In a significant stride towards sustainability, Finnish tractor manufacturer Valtra, a division of AGCO Corporation, proudly announces the utilization of 5 million liters of Neste MY Renewable Diesel™ at its Suolahti factory in Finland. Collaborating with Neste since … Read the full press release
(IN BRIEF) Neste’s Porvoo refinery in Finland successfully concluded a major turnaround, highlighting a strategic shift to shorter maintenance intervals for enhanced cost-effectiveness and risk management. With over 7,600 individuals involved and 1.4 million working hours invested, the refinery emerged … Read the full press release
(IN BRIEF) Fortum marks a significant milestone today as it integrates 250 employees into its hydropower operations and maintenance team across Sweden and Finland. A decade ago, Fortum outsourced these functions but revisited the decision in 2023, opting to bring … Read the full press release
(IN BRIEF) In a collaborative effort to reimagine gift packaging, Marimekko, the renowned Finnish design house, partnered with Stora Enso, a leading provider of renewable packaging solutions. The aim was to create a new, sustainable packaging portfolio featuring Marimekko’s iconic … Read the full press release
Posted in Business, Environment, Finland, Industrial, Marketing
Tagged 60th anniversary, Anna Kjellberg, brand identity, Business Expansion Division, Eija Salmela, enhanced user experience, environmental responsibility, Finnish design house Marimekko, innovative packaging solutions, Marimekko, Nordic design solution, Nordic forests, packaging solutions, recyclable packaging, renewable certified materials, renewable material, Stora Enso, sustainability perspective, Sustainable packaging, Unikko print
(IN BRIEF) Neste has released its annual Green Finance Report for 2023, showcasing its dedication to combatting climate change and advancing toward a circular economy. In 2023, Neste achieved significant milestones in its sustainable funding journey, including the establishment of … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Hanna Maula, investment, Martti Ala-Härkönen, Neste, sustainability
(IN BRIEF) Fortum announces plans to modernise the low-pressure turbines at its Loviisa nuclear power plant, beginning in 2026 as part of lifetime extension investments aimed at ensuring reliable electricity production until 2050. With the Finnish Government granting a new … Read the full press release
(IN BRIEF) Outokumpu has appointed Ulla Paajanen as the Senior Vice President of Investor Relations & Strategic Advisory, effective June 3, 2024. With extensive experience in capital markets, particularly within the process industry, Ulla brings a wealth of knowledge in … Read the full press release
(IN BRIEF) Germany’s recent approval of unrestricted sales of 100% renewable diesel, following the DIN EN 15940 fuel standard, marks a significant milestone in the country’s journey towards decarbonizing its transport sector. Neste, a leading producer of renewable fuels, welcomes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, News
Tagged Germany, Jörg Hübeler, Neste, partnership, renewable diesel, sustainability
(IN BRIEF) Neste, Marubeni Corporation, and Resonac Corporation have formed a partnership to facilitate the production of renewable olefins and derivatives. Through this agreement, Neste’s renewable feedstock, Neste RE™, will be utilized by Resonac at its Oita Complex in Japan, … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged Carrie Song, Hanna Maula, Hirotsugu Fukuda, Japan, Marubeni, Neste, Olefins, partnership, renewable, Resonac, sustainability, Yoshiaki Yokota
(IN BRIEF) Vietnam Airlines achieved a significant milestone by operating its inaugural flight fueled by Neste MY Sustainable Aviation Fuel™, becoming Vietnam’s first airline to utilize sustainable aviation fuel (SAF) for commercial passenger flights. The Airbus A321, departing from Changi … Read the full press release
(IN BRIEF) Gasum and Equinor have entered into a long-term contract for Gasum to supply LNG to Equinor’s dual-fuel chartered fleet of vessels, building on their successful previous collaboration. Gasum’s bunker vessels Coralius, Kairos, and Coral Energy will facilitate bunkering … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Norway, Transportation & Logistics
Tagged Equinor, Gasum, LNG Supply, maritime transport, Norway, partnership, sustainability
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