(IN BRIEF) Unilever has agreed to sell its water purification business, Pureit, to A. O. Smith, a leading global water technology company. Pureit, which operates in countries including India, Bangladesh, Sri Lanka, Vietnam, and Mexico, offers a range of water … Read the full press release
Posted in Business, Commodities, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged A. O. Smith, acquisition, Bangladesh, Eduardo Campanella, INDIA, Kevin J. Wheeler, Mexico, partnership, Pureit, Sri Lanka, sustainability, Unilever, USA, Vietnam, Water Purification Business
(IN BRIEF) EY has announced significant leadership changes in its Asia-Pacific division, appointing Yew-Poh Mak as the new Deputy Managing Partner and Shannon Cotter as the Strategy and Transactions (SaT) Leader, effective July 1, 2024. Mak, previously leading EY’s Strategy … Read the full press release
(IN BRIEF) bp and Castrol have entered into a strategic partnership with Audi for their debut in Formula 1 in 2026. This exclusive collaboration includes the development of FIA-compliant Advanced Sustainable fuels and specialized lubricants for Audi’s F1 power unit. … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sports, United Kingdom
Tagged Adam Baker, Andreas Seidl, Audi, BP, Castrol, Formula 1, Germany, motorsport, partnership, sustainability
(IN BRIEF) Rolls-Royce Power Systems has been awarded a contract by Battery Park Zeewolde (BPZ) to supply a large-scale battery storage system in Zeewolde, Netherlands. The system, featuring a capacity of 32.6 MW and 65.2 MWh, will support energy trading … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, United Kingdom
Tagged Andreas Görtz, Battery Park Zeewolde (BPZ), battery storage system, energy project, Netherlands, Rolls-Royce, Sjoerd Sieburgh, Zeewolde
(IN BRIEF) The German government and state governments of Lower Saxony, North Rhine-Westphalia, and Mecklenburg-Western Pomerania have allocated over 619 million euros to fund two hydrogen projects led by RWE. These include a 300-MW electrolyser in Lingen and a hydrogen … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Germany, hydrogen projects, Markus Krebber, partnership, RWE, sustainability
(IN BRIEF) DHL Express has signed a Letter of Intent with Central Airlines to deploy two Boeing 777 freighters under a multi-year Operating Agreement, marking their first collaboration with a Chinese cargo airline. This partnership aims to enhance intercontinental cargo … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Annie Hou, Boeing 777, Cargo Operations, Central Airlines, CHINA, DHL Express, Dongming Wu, partnership, sustainability, Travis Cobb
(IN BRIEF) Aviva has revolutionized its exposure management capabilities with the adoption of Orchestra, a sophisticated software solution developed by Symfos. Since its implementation in 2021, Orchestra has streamlined Aviva’s portfolio roll-up process by 60-70%, allowing for quicker data processing … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, Technology, United Kingdom
Tagged Aviva, Bao Cam, Karen Dayal, orchestra, partnership, Risk Management Capabilities, software, sustainability, Symfos
(IN BRIEF) Lloyds Banking Group is taking significant steps to alleviate the UK’s social housing shortage through the redevelopment of decommissioned data centres and former office sites into new affordable homes. Starting with a project in Pudsey, West Yorkshire, the … Read the full press release
(IN BRIEF) Crédit Agricole S.A. has appointed Hubert Reynier as the Group Chief Compliance Officer, effective July 15th, 2024, following the retirement of Martine Boutinet. Reynier, who has been with Crédit Agricole since 2010, previously served as the Senior Country … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News
Tagged appointment, Crédit Agricole S.A., Group Chief Compliance Officer, Hubert Reynier, leadership, Martine Boutinet
(IN BRIEF) International technology group ANDRITZ has been contracted by German waste management service provider MVA Bielefeld-Herford GmbH to supply an EcoFluid bubbling fluidized bed (BFB) boiler system for a new sewage sludge mono-incineration plant. This plant, designed to handle … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Alexander Krenzer, Andritz, Benjamin Klammer, EcoFluid bubbling fluidized bed (BFB) boiler system, Germany, MVA Bielefeld-Herford GmbH, partnership, Sewage Sludge Incineration Plant, sustainability
(IN BRIEF) Ørsted, a leader in offshore wind energy, has unveiled a groundbreaking low-noise installation method for monopile foundations at the Gode Wind 3 wind farm in Germany. This innovative technology, successfully tested on three monopiles, utilizes a patented jetting … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Germany, Gode Wind 3 wind farm, Low-Noise Technology, Offshore Wind Foundations, partnership, Patrick Harnett, sustainability, Ørsted
(IN BRIEF) Ericsson, a prominent Swedish telecommunications company, has secured a new EUR 100 million loan from the Nordic Investment Bank (NIB) to bolster its research and development efforts aimed at enhancing wireless technology efficiency. This loan, NIB’s second for … Read the full press release
Posted in Banks, Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged André Küüsvek, Ericsson, NIB, partnership, sustainability, Sweden, wireless technology
(IN BRIEF) Evonik has announced a significant expansion of its sodium methylate production capacity at its Rosario plant in Argentina’s Sante Fé Province. The expansion, increasing annual capacity by 50% to 90,000 tons, aims to meet growing demand for biofuels … Read the full press release
(IN BRIEF) Three researchers from the University of Twente have secured Proof of Concept (PoC) grants from the European Research Council (ERC). Professors Mariëlle Stoelinga, David Fernandez Rivas, and Jeroen Leijten will receive €150,000 each to develop innovative ideas stemming … Read the full press release
(IN BRIEF) The University of Twente (UT) and Forschungszentrum Jülich (FZJ) have formalized their longstanding collaboration with a new Memorandum of Understanding (MoU). Signed during a special event at Jülich, the MoU focuses on strategic areas such as education and … Read the full press release
Posted in Business, Education, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged Education, Forschungszentrum Jülich, Germany, Hans Hilgenkamp, Jennifer Herek, partnership, RESEARCH, University of Twente
(IN BRIEF) SapuraOMV Upstream Sdn Bhd has successfully started gas production at Malaysia’s Jerun field, where Shell plc holds a 30% stake through Sarawak Shell Berhad. Located offshore Sarawak, the field includes an integrated platform exporting gas via an 80-km … Read the full press release
(IN BRIEF) Allianz has partnered with football star Harry Kane, naming him as their global brand ambassador. Kane, known for his football prowess and advocacy for mental health, will collaborate with Allianz on marketing initiatives aimed at inspiring the next … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Insurance, Investment, Management, Marketing, News, Sports
Tagged Allianz, Bernd Heinemann, Football Star, Global Brand Ambassador, Harry Kane, marketing, partnership, sports
(IN BRIEF) AFRY, in collaboration with the European Investment Bank (EIB), spearheaded a pioneering climate resilience study focused on Ischia, Italy, addressing the island’s vulnerability to earthquakes and landslides exacerbated by climate change. The comprehensive report, unveiled at a press … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Malta, Management, Media, News, Sweden, Technology
Tagged AFRY, Anssi Karppinen, climate resilience, EIB, Gelsomina Vigliotti, Gilberto Pichetto Fratin, Giovanni Legnini, Ischia, Italy, partnership, Philipp Stanzel, sustainability
(IN BRIEF) Skanska has signed a SEK 700 million agreement with NKT HV Cables AB to construct towers and side buildings for the expansion of NKT’s cable factory in Karlskrona, Sweden. This contract, part of Skanska’s Q3 2024 order bookings, … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Karlskrona, NKT Cable Factory, partnership, Skanska, sustainability
(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has received an additional GBP 50 million from HS2 Ltd for phase one of the UK’s high-speed railway project. This brings the total contract value to GBP 1.425 … Read the full press release
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