(IN BRIEF) SGL Carbon, a leading global supplier of carbon-based solutions, affirms its supply capability remains unaffected by the Chinese government’s export control measures imposed on certain natural graphite materials and products starting December 1, 2023. While natural graphite products … Read the full press release
(IN BRIEF) Volkswagen Group is spearheading the integration of artificial intelligence (AI) in its vehicles to offer customers enhanced digital experiences. The company has unveiled the “AI Lab,” a global hub for innovation that will identify AI-based product ideas, collaborate … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Germany, Industrial, Technology, Transportation & Logistics
Tagged AI, AI-lab, artificial-intelligence, Audi, Carmen Schmidt, Carsten Helbing, electric vehicles, Michael Steiner, Oliver Blume, Porsche, predictive maintenance, Volkswagen Group
(IN BRIEF) DHL Global Forwarding and Schneider Electric have partnered to introduce innovative multi-modal shipping solutions aimed at reducing carbon emissions associated with air freight. They successfully launched two bridges, connecting Singapore and North America and India and North America, … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Environment, Germany, Industrial, Transportation & Logistics
Tagged air freight, DHL Global Forwarding, GoGreen Plus, logistics, Mourad Tamoud, reduce Scope 3 carbon emissions, SAF, Schneider Electric, sea transport, shipment, shipping, Sustainable Aviation Fuels, Thomas George
(IN BRIEF) In collaboration with Arkema, Jayant Agro-Organics, and implementation partner Solidaridad, BASF’s sustainable castor farming project, known as Pragati, has achieved significant milestones in its seven-year journey. Over 7,000 farmers have been trained and certified, cultivating more than 74,500 … Read the full press release
(IN BRIEF) In a bid to address the growing demand for sustainable accident repairs and uniform sustainability standards, BASF’s Coatings division is collaborating with industry partners, including associations, insurers, work providers, fleet operators, and body shops, to develop a global … Read the full press release
(IN BRIEF) BASF has announced leadership changes in its Nutrition and Health divisions. Julia Raquet will assume responsibility for the Division Europe, Middle East, and Africa, while Dr. Martin Volland will take charge of the Division Nutrition & Health. These … Read the full press release
Posted in Business, Chemicals, Germany, Healthcare, Industrial, Management, News
Tagged Anup Kothari, appointment, BASF, Dr. Katja Scharpwinkel, Dr. Martin Volland, Health Divisions, Julia Raquet, leadership, Nutrition Divisions
(IN BRIEF) Heidelberg Materials has introduced its new global product brand, evoBuild, dedicated to low-carbon and circular construction products. evoBuild products undergo stringent sustainability criteria and are part of the company’s commitment to providing eco-friendly building materials. Notably, Heidelberg Materials … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to the 2038 Lusatia program, aimed at mitigating the socio-economic impact of lignite phase-out and advancing climate neutrality in the region. Collaborating closely with Investitionsbank des Landes Brandenburg (ILB), … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged EIB, Germany, green transformation, Investitionsbank des Landes Brandenburg (ILB), investment, Lusatia, Nicola Beer, partnership, sustainability, Tillmann Stenger
(IN BRIEF) The Volkswagen Group is strengthening its Technical Development Board function in China as part of its “In China, for China” strategy. Thomas Ulbrich, former Member of the Board of Management of the Volkswagen Brand for “New Mobility,” will … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged appointment, CHINA, Kai Grünitz, leadership, Marcus Hafkemeyer, Ralf Brandstätter, Technical Development, Thomas Ulbrich, Volkswagen Group
(IN BRIEF) Siemens Digital Industries Software has announced that INTERCHIP CORPORATION, a leading fabless semiconductor company specializing in high-precision, low-power oscillator products, utilized Siemens’ Analog FastSPICE platform and Symphony™ platform to verify its latest Voltage-Controlled Crystal Oscillator (VCXO) integrated circuit … Read the full press release
(IN BRIEF) BASF Process Catalysts has announced a strategic partnership with Envision Energy to advance the conversion of green hydrogen and CO2 into e-methanol through an innovative process design. Leveraging BASF’s cutting-edge SYNSPIRETM catalyst technology, the collaboration aims to optimize … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged BASF Process Catalysts, CHINA, Detlef Ruff, e-methanol, Envision Energy, Frank Yu, partnership, sustainability, SYNSPIRETM
(IN BRIEF) Rheinmetall has received a substantial order from an international partner to supply components for the production of Fuchs 2 wheeled armoured vehicles at a factory in the partner country. The order, valued at a figure in the three-digit … Read the full press release
(IN BRIEF) Tobias Nieber, currently CFO of Mytoys Group, will join the Witt-Gruppe Management Board on February 1, 2024, as part of a planned transition. He will succeed Jürgen Angstmann, the long-standing CFO/COO of Witt-Gruppe, who is set to retire … Read the full press release
Posted in Business, Germany, Management, Retail
Tagged appointment, CFO, Dr. Marcus Ackermann, Johann Kiener, Jürgen Angstmann, leadership, Mytoys Group, Patrick Boos, Stefanie Zühlke-Schmidt, Tobias Nieber, Witt-Gruppe
(IN BRIEF) Wacker Chemie AG has announced a substantial year-over-year decline in its 2023 sales and earnings due to a persistently weak market environment. Preliminary figures show the company’s sales dropped by 22 percent to approximately €6.40 billion, primarily attributed … Read the full press release
Posted in Business, Chemicals, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged Christian Hartel, Decline in Sales, Earnings 2023, Financial, investment, Wacker Chemie
(IN BRIEF) E. Merck KG, representing the Merck family’s interests in Merck KGaA, has disclosed the results of its regular board elections. Johannes Baillou, with 30 years of board experience at E. Merck KG, has been elected as Chairman of … Read the full press release
Posted in Business, Germany, Healthcare, Industrial, Management, News, Pharma & Biotech, Science, Technology
Tagged André Wyss, appointment, Carl Christoph Schweickert, Dr Wolfgang Büchele, Dr. Daniel Thelen, Dr. Frank Stangenberg-Haverkamp, Dr. Katharina Kraft, Dr. Susanne Schaffert, E. Merck KG, Family Board Elections, Johannes Baillou, leadership, Merck, Michael Kleinemeier, Professor Dr. Simon Thelen
(IN BRIEF) Merck, a leading science and technology company, has inaugurated the Merck Digital Hub in Singapore, its first digital hub outside of the US and Europe. Supported by the Singapore Economic Development Board (EDB), the hub aims to accelerate … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Athinia™, Digital Hub, Healthcare, Laura Matz, Merck, partnership, Semiconductor Innovation, Singapore, Singapore Economic Development Board (EDB), sustainability, Syntropy™, Wan Yee Goh
(IN BRIEF) Leadec, a global service specialist for factory lifecycle management, is enhancing its Green Factory Solutions with the introduction of a new Sustainability, Environmental, and Waste Services Green Hub in Coventry, UK. This expansion aims to bolster the company’s … Read the full press release
(IN BRIEF) Germany’s Federal Office for Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) has signed a €1.2 billion development contract with the Short- and Very Short-Range Air Defence System Consortium (ARGE NNbS) for the “Air Defence System, Short- and … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged ARGE NNbS, BAAINBw, Diehl Defence GmbH & Co. KG, Germany, Hensoldt Sensors GmbH, partnership, Rheinmetall, Short- and Very Short-Range Air Defence System Development
(IN BRIEF) thyssenkrupp Materials Services has opened a new $37 million service center in San Luis Potosí, Mexico, with a focus on sustainability and electromobility. The facility will create approximately 65 jobs and aims to support the growing automotive supply … Read the full press release
(IN BRIEF) ORLEN, an energy company, has experienced rapid expansion with acquisitions in Austria, Germany, Slovakia, and Hungary, increasing its foreign station count by nearly a third in the past year. They are finalizing the purchase of over 60 service … Read the full press release
Posted in Austria, Czech Republic, Energy, Gas & Oil, Germany, Hungary, Industrial, Investment, Lithuania, Poland, Slovakia
Tagged acquisitions, Austrocard, Daniel Obajtek, EV charging points, fuel stations, Hydrogen Refuelling Stations, MOL, OMV, ORLEN, Star Connect, Stop Cafe, Turmöl, Turmstrom
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